Global Usage-Based Insurance Market Growth (Status and Outlook) 2022-2028
- Category: Business & Services
- Published Date: Jan 2022
- Publisher: LP Information
- Pages: 104
As the global economy mends, the 2021 growth of Usage-Based Insurance will have significant change from previous year. According to our (LP Information) latest study, the global Usage-Based Insurance market size is USD million in 2022 from USD 39120 million in 2021, with a change of % between 2021 and 2022. The global Usage-Based Insurance market size will reach USD 117290 million in 2028, growing at a CAGR of 17.0% over the analysis period.
The United States Usage-Based Insurance market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Usage-Based Insurance market, reaching US$ million by the year 2028. As for the Europe Usage-Based Insurance landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Usage-Based Insurance players cover MetroMile, Progressive, Allstate, and Nationwide, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Usage-Based Insurance market by product type, application, key players and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022 in Section 2.3; and forecast to 2028 in section 10.7.
Pay-As-You-Drive Insurance
Pay-How-You-Drive Insurance
Distance Based Insurance
Pay-As-You-Go Insurance
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 10.8.
Men
Women
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report: Breakdown data in in Chapter 3.
MetroMile
Progressive
Allstate
Nationwide
Esurance
Safeco
Travellers
Liberty Mutual Insurance
AIOI
QBE
The United States Usage-Based Insurance market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Usage-Based Insurance market, reaching US$ million by the year 2028. As for the Europe Usage-Based Insurance landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Usage-Based Insurance players cover MetroMile, Progressive, Allstate, and Nationwide, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Usage-Based Insurance market by product type, application, key players and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022 in Section 2.3; and forecast to 2028 in section 10.7.
Pay-As-You-Drive Insurance
Pay-How-You-Drive Insurance
Distance Based Insurance
Pay-As-You-Go Insurance
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 10.8.
Men
Women
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report: Breakdown data in in Chapter 3.
MetroMile
Progressive
Allstate
Nationwide
Esurance
Safeco
Travellers
Liberty Mutual Insurance
AIOI
QBE
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Usage-Based Insurance Market Size 2017-2028
2.1.2 Usage-Based Insurance Market Size CAGR by Region 2017 VS 2022 VS 2028
2.2 Usage-Based Insurance Segment by Type
2.2.1 Pay-As-You-Drive Insurance
2.2.2 Pay-How-You-Drive Insurance
2.2.3 Distance Based Insurance
2.2.4 Pay-As-You-Go Insurance
2.3 Usage-Based Insurance Market Size by Type
2.3.1 Usage-Based Insurance Market Size CAGR by Type (2017 VS 2022 VS 2028)
2.3.2 Global Usage-Based Insurance Market Size Market Share by Type (2017-2022)
2.4 Usage-Based Insurance Segment by Application
2.4.1 Men
2.4.2 Women
2.5 Usage-Based Insurance Market Size by Application
2.5.1 Usage-Based Insurance Market Size CAGR by Application (2017 VS 2022 VS 2028)
2.5.2 Global Usage-Based Insurance Market Size Market Share by Application (2017-2022)
3 Usage-Based Insurance Market Size by Player
3.1 Usage-Based Insurance Market Size Market Share by Players
3.1.1 Global Usage-Based Insurance Revenue by Players (2020-2022)
3.1.2 Global Usage-Based Insurance Revenue Market Share by Players (2020-2022)
3.2 Global Usage-Based Insurance Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2020-2022)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Usage-Based Insurance by Regions
4.1 Usage-Based Insurance Market Size by Regions (2017-2022)
4.2 Americas Usage-Based Insurance Market Size Growth (2017-2022)
4.3 APAC Usage-Based Insurance Market Size Growth (2017-2022)
4.4 Europe Usage-Based Insurance Market Size Growth (2017-2022)
4.5 Middle East & Africa Usage-Based Insurance Market Size Growth (2017-2022)
5 Americas
5.1 Americas Usage-Based Insurance Market Size by Country (2017-2022)
5.2 Americas Usage-Based Insurance Market Size by Type (2017-2022)
5.3 Americas Usage-Based Insurance Market Size by Application (2017-2022)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Usage-Based Insurance Market Size by Region (2017-2022)
6.2 APAC Usage-Based Insurance Market Size by Type (2017-2022)
6.3 APAC Usage-Based Insurance Market Size by Application (2017-2022)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Usage-Based Insurance by Country (2017-2022)
7.2 Europe Usage-Based Insurance Market Size by Type (2017-2022)
7.3 Europe Usage-Based Insurance Market Size by Application (2017-2022)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Usage-Based Insurance by Region (2017-2022)
8.2 Middle East & Africa Usage-Based Insurance Market Size by Type (2017-2022)
8.3 Middle East & Africa Usage-Based Insurance Market Size by Application (2017-2022)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Usage-Based Insurance Market Forecast
10.1 Global Usage-Based Insurance Forecast by Regions (2023-2028)
10.1.1 Global Usage-Based Insurance Forecast by Regions (2023-2028)
10.1.2 Americas Usage-Based Insurance Forecast
10.1.3 APAC Usage-Based Insurance Forecast
10.1.4 Europe Usage-Based Insurance Forecast
10.1.5 Middle East & Africa Usage-Based Insurance Forecast
10.2 Americas Usage-Based Insurance Forecast by Country (2023-2028)
10.2.1 United States Usage-Based Insurance Market Forecast
10.2.2 Canada Usage-Based Insurance Market Forecast
10.2.3 Mexico Usage-Based Insurance Market Forecast
10.2.4 Brazil Usage-Based Insurance Market Forecast
10.3 APAC Usage-Based Insurance Forecast by Region (2023-2028)
10.3.1 China Usage-Based Insurance Market Forecast
10.3.2 Japan Usage-Based Insurance Market Forecast
10.3.3 Korea Usage-Based Insurance Market Forecast
10.3.4 Southeast Asia Usage-Based Insurance Market Forecast
10.3.5 India Usage-Based Insurance Market Forecast
10.3.6 Australia Usage-Based Insurance Market Forecast
10.4 Europe Usage-Based Insurance Forecast by Country (2023-2028)
10.4.1 Germany Usage-Based Insurance Market Forecast
10.4.2 France Usage-Based Insurance Market Forecast
10.4.3 UK Usage-Based Insurance Market Forecast
10.4.4 Italy Usage-Based Insurance Market Forecast
10.4.5 Russia Usage-Based Insurance Market Forecast
10.5 Middle East & Africa Usage-Based Insurance Forecast by Region (2023-2028)
10.5.1 Egypt Usage-Based Insurance Market Forecast
10.5.2 South Africa Usage-Based Insurance Market Forecast
10.5.3 Israel Usage-Based Insurance Market Forecast
10.5.4 Turkey Usage-Based Insurance Market Forecast
10.5.5 GCC Countries Usage-Based Insurance Market Forecast
10.6 Global Usage-Based Insurance Forecast by Type (2023-2028)
10.7 Global Usage-Based Insurance Forecast by Application (2023-2028)
11 Key Players Analysis
11.1 MetroMile
11.1.1 MetroMile Company Information
11.1.2 MetroMile Usage-Based Insurance Product Offered
11.1.3 MetroMile Usage-Based Insurance Revenue, Gross Margin and Market Share (2020-2022)
11.1.4 MetroMile Main Business Overview
11.1.5 MetroMile Latest Developments
11.2 Progressive
11.2.1 Progressive Company Information
11.2.2 Progressive Usage-Based Insurance Product Offered
11.2.3 Progressive Usage-Based Insurance Revenue, Gross Margin and Market Share (2020-2022)
11.2.4 Progressive Main Business Overview
11.2.5 Progressive Latest Developments
11.3 Allstate
11.3.1 Allstate Company Information
11.3.2 Allstate Usage-Based Insurance Product Offered
11.3.3 Allstate Usage-Based Insurance Revenue, Gross Margin and Market Share (2020-2022)
11.3.4 Allstate Main Business Overview
11.3.5 Allstate Latest Developments
11.4 Nationwide
11.4.1 Nationwide Company Information
11.4.2 Nationwide Usage-Based Insurance Product Offered
11.4.3 Nationwide Usage-Based Insurance Revenue, Gross Margin and Market Share (2020-2022)
11.4.4 Nationwide Main Business Overview
11.4.5 Nationwide Latest Developments
11.5 Esurance
11.5.1 Esurance Company Information
11.5.2 Esurance Usage-Based Insurance Product Offered
11.5.3 Esurance Usage-Based Insurance Revenue, Gross Margin and Market Share (2020-2022)
11.5.4 Esurance Main Business Overview
11.5.5 Esurance Latest Developments
11.6 Safeco
11.6.1 Safeco Company Information
11.6.2 Safeco Usage-Based Insurance Product Offered
11.6.3 Safeco Usage-Based Insurance Revenue, Gross Margin and Market Share (2020-2022)
11.6.4 Safeco Main Business Overview
11.6.5 Safeco Latest Developments
11.7 Travellers
11.7.1 Travellers Company Information
11.7.2 Travellers Usage-Based Insurance Product Offered
11.7.3 Travellers Usage-Based Insurance Revenue, Gross Margin and Market Share (2020-2022)
11.7.4 Travellers Main Business Overview
11.7.5 Travellers Latest Developments
11.8 Liberty Mutual Insurance
11.8.1 Liberty Mutual Insurance Company Information
11.8.2 Liberty Mutual Insurance Usage-Based Insurance Product Offered
11.8.3 Liberty Mutual Insurance Usage-Based Insurance Revenue, Gross Margin and Market Share (2020-2022)
11.8.4 Liberty Mutual Insurance Main Business Overview
11.8.5 Liberty Mutual Insurance Latest Developments
11.9 AIOI
11.9.1 AIOI Company Information
11.9.2 AIOI Usage-Based Insurance Product Offered
11.9.3 AIOI Usage-Based Insurance Revenue, Gross Margin and Market Share (2020-2022)
11.9.4 AIOI Main Business Overview
11.9.5 AIOI Latest Developments
11.10 QBE
11.10.1 QBE Company Information
11.10.2 QBE Usage-Based Insurance Product Offered
11.10.3 QBE Usage-Based Insurance Revenue, Gross Margin and Market Share (2020-2022)
11.10.4 QBE Main Business Overview
11.10.5 QBE Latest Developments
12 Research Findings and Conclusion
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Usage-Based Insurance Market Size 2017-2028
2.1.2 Usage-Based Insurance Market Size CAGR by Region 2017 VS 2022 VS 2028
2.2 Usage-Based Insurance Segment by Type
2.2.1 Pay-As-You-Drive Insurance
2.2.2 Pay-How-You-Drive Insurance
2.2.3 Distance Based Insurance
2.2.4 Pay-As-You-Go Insurance
2.3 Usage-Based Insurance Market Size by Type
2.3.1 Usage-Based Insurance Market Size CAGR by Type (2017 VS 2022 VS 2028)
2.3.2 Global Usage-Based Insurance Market Size Market Share by Type (2017-2022)
2.4 Usage-Based Insurance Segment by Application
2.4.1 Men
2.4.2 Women
2.5 Usage-Based Insurance Market Size by Application
2.5.1 Usage-Based Insurance Market Size CAGR by Application (2017 VS 2022 VS 2028)
2.5.2 Global Usage-Based Insurance Market Size Market Share by Application (2017-2022)
3 Usage-Based Insurance Market Size by Player
3.1 Usage-Based Insurance Market Size Market Share by Players
3.1.1 Global Usage-Based Insurance Revenue by Players (2020-2022)
3.1.2 Global Usage-Based Insurance Revenue Market Share by Players (2020-2022)
3.2 Global Usage-Based Insurance Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2020-2022)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Usage-Based Insurance by Regions
4.1 Usage-Based Insurance Market Size by Regions (2017-2022)
4.2 Americas Usage-Based Insurance Market Size Growth (2017-2022)
4.3 APAC Usage-Based Insurance Market Size Growth (2017-2022)
4.4 Europe Usage-Based Insurance Market Size Growth (2017-2022)
4.5 Middle East & Africa Usage-Based Insurance Market Size Growth (2017-2022)
5 Americas
5.1 Americas Usage-Based Insurance Market Size by Country (2017-2022)
5.2 Americas Usage-Based Insurance Market Size by Type (2017-2022)
5.3 Americas Usage-Based Insurance Market Size by Application (2017-2022)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Usage-Based Insurance Market Size by Region (2017-2022)
6.2 APAC Usage-Based Insurance Market Size by Type (2017-2022)
6.3 APAC Usage-Based Insurance Market Size by Application (2017-2022)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Usage-Based Insurance by Country (2017-2022)
7.2 Europe Usage-Based Insurance Market Size by Type (2017-2022)
7.3 Europe Usage-Based Insurance Market Size by Application (2017-2022)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Usage-Based Insurance by Region (2017-2022)
8.2 Middle East & Africa Usage-Based Insurance Market Size by Type (2017-2022)
8.3 Middle East & Africa Usage-Based Insurance Market Size by Application (2017-2022)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Usage-Based Insurance Market Forecast
10.1 Global Usage-Based Insurance Forecast by Regions (2023-2028)
10.1.1 Global Usage-Based Insurance Forecast by Regions (2023-2028)
10.1.2 Americas Usage-Based Insurance Forecast
10.1.3 APAC Usage-Based Insurance Forecast
10.1.4 Europe Usage-Based Insurance Forecast
10.1.5 Middle East & Africa Usage-Based Insurance Forecast
10.2 Americas Usage-Based Insurance Forecast by Country (2023-2028)
10.2.1 United States Usage-Based Insurance Market Forecast
10.2.2 Canada Usage-Based Insurance Market Forecast
10.2.3 Mexico Usage-Based Insurance Market Forecast
10.2.4 Brazil Usage-Based Insurance Market Forecast
10.3 APAC Usage-Based Insurance Forecast by Region (2023-2028)
10.3.1 China Usage-Based Insurance Market Forecast
10.3.2 Japan Usage-Based Insurance Market Forecast
10.3.3 Korea Usage-Based Insurance Market Forecast
10.3.4 Southeast Asia Usage-Based Insurance Market Forecast
10.3.5 India Usage-Based Insurance Market Forecast
10.3.6 Australia Usage-Based Insurance Market Forecast
10.4 Europe Usage-Based Insurance Forecast by Country (2023-2028)
10.4.1 Germany Usage-Based Insurance Market Forecast
10.4.2 France Usage-Based Insurance Market Forecast
10.4.3 UK Usage-Based Insurance Market Forecast
10.4.4 Italy Usage-Based Insurance Market Forecast
10.4.5 Russia Usage-Based Insurance Market Forecast
10.5 Middle East & Africa Usage-Based Insurance Forecast by Region (2023-2028)
10.5.1 Egypt Usage-Based Insurance Market Forecast
10.5.2 South Africa Usage-Based Insurance Market Forecast
10.5.3 Israel Usage-Based Insurance Market Forecast
10.5.4 Turkey Usage-Based Insurance Market Forecast
10.5.5 GCC Countries Usage-Based Insurance Market Forecast
10.6 Global Usage-Based Insurance Forecast by Type (2023-2028)
10.7 Global Usage-Based Insurance Forecast by Application (2023-2028)
11 Key Players Analysis
11.1 MetroMile
11.1.1 MetroMile Company Information
11.1.2 MetroMile Usage-Based Insurance Product Offered
11.1.3 MetroMile Usage-Based Insurance Revenue, Gross Margin and Market Share (2020-2022)
11.1.4 MetroMile Main Business Overview
11.1.5 MetroMile Latest Developments
11.2 Progressive
11.2.1 Progressive Company Information
11.2.2 Progressive Usage-Based Insurance Product Offered
11.2.3 Progressive Usage-Based Insurance Revenue, Gross Margin and Market Share (2020-2022)
11.2.4 Progressive Main Business Overview
11.2.5 Progressive Latest Developments
11.3 Allstate
11.3.1 Allstate Company Information
11.3.2 Allstate Usage-Based Insurance Product Offered
11.3.3 Allstate Usage-Based Insurance Revenue, Gross Margin and Market Share (2020-2022)
11.3.4 Allstate Main Business Overview
11.3.5 Allstate Latest Developments
11.4 Nationwide
11.4.1 Nationwide Company Information
11.4.2 Nationwide Usage-Based Insurance Product Offered
11.4.3 Nationwide Usage-Based Insurance Revenue, Gross Margin and Market Share (2020-2022)
11.4.4 Nationwide Main Business Overview
11.4.5 Nationwide Latest Developments
11.5 Esurance
11.5.1 Esurance Company Information
11.5.2 Esurance Usage-Based Insurance Product Offered
11.5.3 Esurance Usage-Based Insurance Revenue, Gross Margin and Market Share (2020-2022)
11.5.4 Esurance Main Business Overview
11.5.5 Esurance Latest Developments
11.6 Safeco
11.6.1 Safeco Company Information
11.6.2 Safeco Usage-Based Insurance Product Offered
11.6.3 Safeco Usage-Based Insurance Revenue, Gross Margin and Market Share (2020-2022)
11.6.4 Safeco Main Business Overview
11.6.5 Safeco Latest Developments
11.7 Travellers
11.7.1 Travellers Company Information
11.7.2 Travellers Usage-Based Insurance Product Offered
11.7.3 Travellers Usage-Based Insurance Revenue, Gross Margin and Market Share (2020-2022)
11.7.4 Travellers Main Business Overview
11.7.5 Travellers Latest Developments
11.8 Liberty Mutual Insurance
11.8.1 Liberty Mutual Insurance Company Information
11.8.2 Liberty Mutual Insurance Usage-Based Insurance Product Offered
11.8.3 Liberty Mutual Insurance Usage-Based Insurance Revenue, Gross Margin and Market Share (2020-2022)
11.8.4 Liberty Mutual Insurance Main Business Overview
11.8.5 Liberty Mutual Insurance Latest Developments
11.9 AIOI
11.9.1 AIOI Company Information
11.9.2 AIOI Usage-Based Insurance Product Offered
11.9.3 AIOI Usage-Based Insurance Revenue, Gross Margin and Market Share (2020-2022)
11.9.4 AIOI Main Business Overview
11.9.5 AIOI Latest Developments
11.10 QBE
11.10.1 QBE Company Information
11.10.2 QBE Usage-Based Insurance Product Offered
11.10.3 QBE Usage-Based Insurance Revenue, Gross Margin and Market Share (2020-2022)
11.10.4 QBE Main Business Overview
11.10.5 QBE Latest Developments
12 Research Findings and Conclusion
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