Telematics Insurance Market key players | Market Share by harshbisR-0

Telematics Insurance Market – A Global and Regional Market Analysis

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Focus on Product, Application, and Country Assessment Analysis and Forecast: 2020-2025

March 2021

Telematics Insurance Market – A Global and Regional Market Analysis

TOC

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Telematics Insurance Market – A Global and Regional Market Analysis

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Table of Content Executive Summary .......................................................................... 34 Scope of the Study ........................................................................... 45 1

Markets ..................................................................................... 31 1.1

Industry Outlook .............................................................................................. 32

1.1.1 Trends: Industry Dynamics Defining the Future Trends in Telematics Insurance Market ..................................................................... 32 1.1.1.1

Impact of COVID-19 .......................................................................................... 32

1.1.1.2

Smart Camera Technologies in Association with Telematics ............................ 32

1.1.1.3

Telematics for Electric Vehicles ......................................................................... 33

1.1.2 Supply Chain Analysis ................................................................................ 33 1.2

Business Dynamics ......................................................................................... 34

1.2.1.1

Growing Popularity of Mobile Telematics .......................................................... 36

1.2.1.2

Prevention of False Insurance Claims ............................................................... 36

1.2.1.3

Increasing Road Accidents ................................................................................ 37

1.2.1.4

Stringent Automotive Safety Regulations .......................................................... 37

1.2.2 Business Restraints .................................................................................... 38 1.2.2.1

Conflicting Regulations in the Adoption of Insurance Telematics ...................... 38

1.2.2.2

Lack of Data Protection and Breach of Privacy ................................................. 38

1.2.3 Business and Corporate Strategies ........................................................... 39 1.2.4 Business Opportunities .............................................................................. 41

1.2.4.1

Growing Popularity of Autonomous Vehicles ..................................................... 42

1.2.4.2

Emergence of Internet of Things (IoT) ............................................................... 42

Application ................................................................................ 43 2.1

Telematics Insurance Market: Applications and Specifications.................. 44

Telematics Insurance Market – A Global and Regional Market Analysis

1.2.1 Business Drivers ......................................................................................... 35

2.1.1.1

Passenger Vehicles ........................................................................................... 44

2.1.1.2

Commercial Vehicles ......................................................................................... 44

2.1.2 Telematics Insurance Market (by Distribution Channel) .......................... 45

2.2

2.1.2.1

OEM................................................................................................................... 45

2.1.2.2

Aftermarket ........................................................................................................ 45

Demand Analysis for Telematics Insurance Market (by Application) ......... 46

2.2.1 Telematics Insurance Market (by Application) ......................................... 46 2.2.1.1

Passenger Vehicles ........................................................................................... 46

2.2.1.2

Commercial Vehicles ......................................................................................... 47

2.2.2 Telematics Insurance Market (by Distribution Channel) .......................... 47 OEM................................................................................................................... 48

2.2.2.2

Aftermarket ........................................................................................................ 48

Products .................................................................................... 49 3.1

Telematics Insurance Market: Products and Specifications........................ 50

3.1.1 Telematics Insurance Market (by Type)..................................................... 50 3.1.1.1

Pay As You Drive (PAYD) Model ....................................................................... 50

3.1.1.2

Pay How You Drive (PHYD) Model ................................................................... 50

3.1.2 Telematics Insurance Market (by Device Type) ........................................ 50

3.2

3.1.2.1

Smartphone ....................................................................................................... 50

3.1.2.2

On-Board Device ............................................................................................... 51

3.1.2.3

Black Box ........................................................................................................... 51

3.1.2.4

OEM Embedded ................................................................................................ 51

Demand Analysis of Telematics Insurance Market (by Product) ................. 52

3.2.1 Telematics Insurance Market (by Type), Value, 2019-2025 ...................... 52 3.2.1.1

Pay as You Drive (PAYD) .................................................................................. 52

3.2.1.2

Pay How You Drive (PHYD) .............................................................................. 53

3.2.2 Telematics Insurance Market (by Device Type), Value, 2019-2025.......... 53 3.2.2.1

Smartphone ....................................................................................................... 54 4

Telematics Insurance Market – A Global and Regional Market Analysis

2.2.2.1

3.2.2.2

Onboard Device ................................................................................................. 54

3.2.2.3

Blackbox ............................................................................................................ 55

3.2.2.4

OEM embedded................................................................................................. 55

Region ....................................................................................... 56 4.1

North America .................................................................................................. 58

4.1.1 Markets ......................................................................................................... 58 4.1.1.1

Key Manufacturers and Suppliers in North America .......................................... 58

4.1.1.2

Competitive Benchmarking ................................................................................ 58

4.1.1.3

Business Challenges ......................................................................................... 58

4.1.1.4

Business Drivers ................................................................................................ 58

4.1.2 Application ................................................................................................... 59 4.1.2.1

North America Telematics Insurance Market (by Application), $Million, 2019-2025.......................................................................................................... 59

4.1.2.2

North America Telematics Insurance Market (by Distribution Channel),

4.1.3 Product ......................................................................................................... 60 4.1.3.1

North America Telematics Insurance Market (by Type), $Million, 2019-2025.......................................................................................................... 60

4.1.3.2

North America Telematics Insurance Market (by Device Type), $Million, 2019-2025.......................................................................................................... 60

4.1.4 North America: Country Level Analysis .................................................... 61 4.1.4.1

U.S. .................................................................................................................... 61

4.1.4.1.1

Markets .................................................................................................................... 61

4.1.4.1.1.1 Buyer Attributes ................................................................................................ 61 4.1.4.1.1.2 Key Manufacturers and Suppliers in the U.S.................................................... 61 4.1.4.1.1.3 Business Challenges ........................................................................................ 61 4.1.4.1.1.4 Business Drivers ............................................................................................... 61 4.1.4.1.2

Application................................................................................................................ 62

4.1.4.1.2.1 U.S. Telematics Insurance Market (by Application), $Million, 2019-2025 ........ 62 4.1.4.1.3

Product ..................................................................................................................... 62 5

Telematics Insurance Market – A Global and Regional Market Analysis

$Million, 2019-2025 ........................................................................................... 60

4.1.4.1.3.1 U.S. Telematics Insurance Market (by Device Type), $Million, 2019-2025 ............................................................................................................... 62

4.1.4.2

Canada .............................................................................................................. 63

4.1.4.2.1

Markets .................................................................................................................... 63

4.1.4.2.1.1 Buyer Attributes ................................................................................................ 63 4.1.4.2.1.2 Key Manufacturers and Suppliers in Canada ................................................... 63 4.1.4.2.1.3 Business Challenges ........................................................................................ 63 4.1.4.2.1.4 Business Drivers ............................................................................................... 63 4.1.4.2.2

Application................................................................................................................ 64

4.1.4.2.2.1 Canada Telematics Insurance Market (by Application), $Million, 2019-2025 ............................................................................................................... 64 4.1.4.2.3

Product ..................................................................................................................... 64

4.1.4.2.3.1 Canada Telematics Insurance Market (by Device Type), $Million, 2019-2025 ............................................................................................................... 64

4.1.4.3

Mexico ............................................................................................................... 65

4.1.4.3.1

Markets .................................................................................................................... 65

4.1.4.3.1.2 Key Manufacturers and Suppliers in Mexico .................................................... 65 4.1.4.3.1.3 Business Challenges ........................................................................................ 65 4.1.4.3.1.4 Business Drivers ............................................................................................... 65 4.1.4.3.2

Application................................................................................................................ 66

4.1.4.3.2.1 Mexico Telematics Insurance Market (by Application), $Million, 2019-2025 ............................................................................................................... 66 4.1.4.3.3

Product ..................................................................................................................... 66

4.1.4.3.3.1 Mexico Telematics Insurance Market (by Device Type), $Million, 2019-2025 ............................................................................................................... 66

4.2

Europe .............................................................................................................. 67

4.2.1 Markets ......................................................................................................... 67 4.2.1.1

Key Manufacturers and Suppliers in Europe ..................................................... 67

4.2.1.2

Competitive Benchmarking ................................................................................ 67

4.2.1.3

Business Challenges ......................................................................................... 67

4.2.1.4

Business Drivers ................................................................................................ 67 6

Telematics Insurance Market – A Global and Regional Market Analysis

4.1.4.3.1.1 Buyer Attributes ................................................................................................ 65

4.2.2 Application ................................................................................................... 68 4.2.2.1

Europe Telematics Insurance Market (by Application), $Million, 2019-2025 ........................................................................................................................... 68

4.2.2.2

Europe Telematics Insurance Market (by Distribution Channel), $Million, 2019-2025.......................................................................................................... 69

4.2.3 Product ......................................................................................................... 69 4.2.3.1

Europe Telematics Insurance Market (by Type), $Million, 2019-2025 .............. 69

4.2.3.2

Europe Telematics Insurance Market (by Device Type), $Million, 2019-2025.......................................................................................................... 69

4.2.4 Europe: Country Level Analysis ................................................................ 70 4.2.4.1

Italy .................................................................................................................... 70

4.2.4.1.1

Markets .................................................................................................................... 70

4.2.4.1.1.1 Buyer Attributes ................................................................................................ 70 4.2.4.1.1.2 Key Manufacturers and Suppliers in Italy ......................................................... 70 4.2.4.1.1.3 Business Challenges ........................................................................................ 70

4.2.4.1.2

Application................................................................................................................ 71

4.2.4.1.2.1 Italy Telematics Insurance Market (by Application), $Million, 2019-2025 ........ 71 4.2.4.1.3

Product ..................................................................................................................... 71

4.2.4.1.3.1 Italy Telematics Insurance Market (by Device Type), $Million, 2019-2025 ............................................................................................................... 71

4.2.4.2

Rest-of-Europe .................................................................................................. 72

4.2.4.2.1

Markets .................................................................................................................... 72

4.2.4.2.1.1 Buyer Attributes ................................................................................................ 72 4.2.4.2.1.2 Key Manufacturers and Suppliers in Rest-of-Europe ....................................... 72 4.2.4.2.1.3 Business Challenges ........................................................................................ 72 4.2.4.2.1.4 Business Drivers ............................................................................................... 72 4.2.4.2.2

Application................................................................................................................ 73

4.2.4.2.2.1 Rest-of-Europe Telematics Insurance Market (by Application), $Million, 2019-2025 ............................................................................................................... 73 4.2.4.2.3

Product ..................................................................................................................... 73 7

Telematics Insurance Market – A Global and Regional Market Analysis

4.2.4.1.1.4 Business Drivers ............................................................................................... 70

4.2.4.2.3.1 Rest-of-Europe Telematics Insurance Market (by Device Type), $Million, 2019-2025 ............................................................................................................... 73

4.3

U.K. ................................................................................................................... 74

4.3.1 Markets ......................................................................................................... 74 4.3.1.1

Buyer Attributes ................................................................................................. 74

4.3.1.2

Key Manufacturers and Suppliers in the U.K. .................................................... 74

4.3.1.3

Competitive Benchmarking ................................................................................ 74

4.3.1.4

Business Challenges ......................................................................................... 74

4.3.1.5

Business Drivers ................................................................................................ 75

4.3.2 Application ................................................................................................... 75 4.3.2.1

U.K. Telematics Insurance Market (by Application), $Million, 2019-2025 ......... 75

4.3.2.2

U.K. Telematics Insurance Market (by Distribution Channel), $Million, 2019-2025.......................................................................................................... 76

4.4

4.3.3.1

U.K. Telematics Insurance Market (by Type), $Million, 2019-2025 ................... 76

4.3.3.2

U.K. Telematics Insurance Market (by Device Type), $Million, 2019-2025 ....... 76

China ................................................................................................................. 77

4.4.1 Markets ......................................................................................................... 77 4.4.1.1

Buyer Attributes ................................................................................................. 77

4.4.1.2

Key Manufacturers and Suppliers in the China ................................................. 77

4.4.1.3

Competitive Benchmarking ................................................................................ 77

4.4.1.4

Business Challenges ......................................................................................... 77

4.4.1.5

Business Drivers ................................................................................................ 78

4.4.2 Application ................................................................................................... 78 4.4.2.1

China Telematics Insurance Market (by Application), $Million, 2019-2025 ....... 78

4.4.2.2

China Telematics Insurance Market (by Distribution Channel), $Million, 2019-2025.......................................................................................................... 79

4.4.3 Product ......................................................................................................... 79 4.4.3.1

China Telematics Insurance Market (by Type), $Million, 2019-2025 ................. 79 8

Telematics Insurance Market – A Global and Regional Market Analysis

4.3.3 Product ......................................................................................................... 76

4.4.3.2

China Telematics Insurance Market (by Device Type), $Million, 2019-2025.......................................................................................................... 79

4.5

Asia-Pacific and Japan ................................................................................... 80

4.5.1 Markets ......................................................................................................... 80 4.5.1.1

Key Manufacturers and Suppliers in the Asia-Pacific and Japan ...................... 80

4.5.1.2

Competitive Benchmarking ................................................................................ 80

4.5.1.3

Business Challenges ......................................................................................... 80

4.5.1.4

Business Drivers ................................................................................................ 81

4.5.2 Application ................................................................................................... 81 4.5.2.1

Asia-Pacific and Japan Telematics Insurance Market (by Application), $Million, 2019-2025 ........................................................................................... 81

4.5.2.2

Asia-Pacific and Japan Telematics Insurance Market (by Distribution Channel), $Million, 2019-2025 ........................................................................... 82

4.5.3 Product ......................................................................................................... 82 4.5.3.1

Asia-Pacific and Japan Telematics Insurance Market (by Type), $Million,

4.5.3.2

Asia-Pacific and Japan Telematics Insurance Market (by Device Type), $Million, 2019-2025 ........................................................................................... 82

4.5.4 Asia-Pacific and Japan: Country Level Analysis ...................................... 83 4.5.4.1

South Korea ....................................................................................................... 83

4.5.4.1.1

Markets .................................................................................................................... 83

4.5.4.1.1.1 Buyer Attributes ................................................................................................ 83 4.5.4.1.1.2 Key Manufacturers and Suppliers in South Korea ........................................... 83 4.5.4.1.1.3 Business Challenges ........................................................................................ 83 4.5.4.1.1.4 Business Drivers ............................................................................................... 83 4.5.4.1.2

Application................................................................................................................ 84

4.5.4.1.2.1 South Korea Telematics Insurance Market (by Application), $Million, 2019-2025 ............................................................................................................... 84 4.5.4.1.3

Product ..................................................................................................................... 84

4.5.4.1.3.1 South Korea Telematics Insurance Market (by Device Type), $Million, 2019-2025 ............................................................................................................... 84 9 All rights reserved at BIS Research Inc.

Telematics Insurance Market – A Global and Regional Market Analysis

2019-2025.......................................................................................................... 82

4.5.4.2

Japan ................................................................................................................. 85

4.5.4.2.1

Markets .................................................................................................................... 85

4.5.4.2.1.1 Buyer Attributes ................................................................................................ 85 4.5.4.2.1.2 Key Manufacturers and Suppliers in Japan ...................................................... 85 4.5.4.2.1.3 Business Challenges ........................................................................................ 85 4.5.4.2.1.4 Business Drivers ............................................................................................... 85 4.5.4.2.2

Application................................................................................................................ 86

4.5.4.2.2.1 Japan

Telematics

Insurance

Market

(by

Application),

$Million,

2019-2025 ............................................................................................................... 86 4.5.4.2.3

Product ..................................................................................................................... 86

4.5.4.2.3.1 Japan Telematics Insurance Market (by Device Type), $Million, 2019-2025 ............................................................................................................... 86

4.5.4.3

Rest-of-Asia-Pacific and Japan ......................................................................... 87

4.5.4.3.1

Markets .................................................................................................................... 87

4.5.4.3.1.1 Key Manufacturers and Suppliers in Rest-of-Asia-Pacific and Japan .............. 87 4.5.4.3.1.2 Business Challenges ........................................................................................ 87

4.5.4.3.2

Application................................................................................................................ 88

4.5.4.3.2.1 Rest-of-Asia-Pacific and Japan Telematics Insurance Market (by Application), $Million, 2019-2025 ............................................................................ 88 4.5.4.3.3

Product ..................................................................................................................... 88

4.5.4.3.3.1 Rest-of-Asia-Pacific and Japan Telematics Insurance Market (by Device Type), $Million, 2019-2025...................................................................................... 88

4.6

Rest-of-the-World (RoW) ................................................................................ 89

4.6.1 South America ............................................................................................. 89 4.6.1.1

Markets .............................................................................................................. 89

4.6.1.1.1

Buyer Attributes........................................................................................................ 89

4.6.1.1.2

Competitive Benchmarking ...................................................................................... 89

4.6.1.1.3

Key Manufacturers and Suppliers in South America ............................................... 90

4.6.1.1.4

Business Challenges ............................................................................................... 90

4.6.1.1.5

Business Drivers ...................................................................................................... 90

Telematics Insurance Market – A Global and Regional Market Analysis

4.5.4.3.1.3 Business Drivers ............................................................................................... 87

4.6.2.1

Markets .............................................................................................................. 90

4.6.2.1.1

Buyer Attributes........................................................................................................ 90

4.6.2.1.2

Key Manufacturers and Suppliers in Middle East and Africa ................................... 91

4.6.2.1.3

Business Challenges ............................................................................................... 91

4.6.2.1.4

Business Drivers ...................................................................................................... 91

4.6.3 Application ................................................................................................... 92 4.6.3.1

RoW Telematics Insurance Market (by Application), $Million, 2019-2025 ........ 92

4.6.3.2

RoW Telematics Insurance Market (by Distribution Channel), $Million, 2019-2025.......................................................................................................... 92

4.6.4 Product ......................................................................................................... 92 RoW Telematics Insurance Market (by Type), $Million, 2019-2025 .................. 92

4.6.4.2

RoW Telematics Insurance Market (by Device Type), $Million, 2019-2025 ...... 93

Markets - Competitive Benchmarking & Company Profiles ......... 94 5.1

Competitive Benchmarking ............................................................................ 95

5.2

Company Profiles ............................................................................................ 96

5.2.1 Octo Group S.p.A. ....................................................................................... 96 5.2.1.1

Company Overview ........................................................................................... 96

5.2.1.1.1

5.2.1.2

Product Portfolio....................................................................................................... 96

Corporate Strategies.......................................................................................... 96

5.2.1.2.1

Partnerships and Collaborations .............................................................................. 96

5.2.1.2.2

Mergers and Acquisitions ......................................................................................... 97

5.2.1.3

Competitive Position .......................................................................................... 97

5.2.1.3.1

Strengths of the Company ....................................................................................... 97

5.2.1.3.2

Weakness of the Company ...................................................................................... 97

5.2.1.4

Patent Analysis .................................................................................................. 97

5.2.2 Insurance & Mobility Solutions .................................................................. 98 5.2.2.1

Company Overview ........................................................................................... 98

5.2.2.1.1

Product Portfolio....................................................................................................... 98

5.2.2.1.2

Production Sites ....................................................................................................... 98

Telematics Insurance Market – A Global and Regional Market Analysis

4.6.4.1

5.2.2.2

Business Strategies ........................................................................................... 98

5.2.2.2.1

Product Development .............................................................................................. 98

5.2.2.2.2

Market Development ................................................................................................ 98

5.2.2.3

Corporate Strategies.......................................................................................... 99

5.2.2.3.1

Partnerships and Collaborations .............................................................................. 99

5.2.2.3.2

Mergers and Acquisitions ......................................................................................... 99

5.2.2.4

Competitive Position .......................................................................................... 99

5.2.2.4.1

Strengths .................................................................................................................. 99

5.2.2.4.2

Weakness ................................................................................................................ 99

5.2.2.5

Patent Analysis .................................................................................................. 99

5.2.3 Agero, Inc. .................................................................................................. 100 Company Overview ......................................................................................... 100

5.2.3.1.1

5.2.3.2

Product Portfolio..................................................................................................... 100

Business Strategies ......................................................................................... 100

5.2.3.2.1

Product Development ............................................................................................ 100

5.2.3.2.2

Market Development .............................................................................................. 100

5.2.3.3

Corporate Strategies........................................................................................ 100

5.2.3.3.1

Partnerships and Collaborations ............................................................................ 100

5.2.3.3.2

Mergers and Acquisitions ....................................................................................... 101

5.2.3.4

Competitive Position ........................................................................................ 101

5.2.3.4.1

Strengths ................................................................................................................ 101

5.2.3.4.2

Weakness .............................................................................................................. 101

5.2.3.5

Patent Analysis ................................................................................................ 101

5.2.4 Webfleet Solutions B.V. ............................................................................ 102 5.2.4.1

Company Overview ......................................................................................... 102

5.2.4.1.1

5.2.4.2

Business Strategies ......................................................................................... 102

5.2.4.2.1

5.2.4.3

Product Portfolio..................................................................................................... 102

Product Developments ........................................................................................... 102

Corporate Strategies........................................................................................ 102

5.2.4.3.1

Partnerships and Collaborations ............................................................................ 102 12

Telematics Insurance Market – A Global and Regional Market Analysis

5.2.3.1

5.2.4.4

Competitive Position ........................................................................................ 103

5.2.4.4.1

Strengths ................................................................................................................ 103

5.2.4.4.2

Weakness .............................................................................................................. 103

5.2.4.5

Patent Analysis ................................................................................................ 103

5.2.5 Verizon Communications, Inc. ................................................................. 104 5.2.5.1

Company Overview ......................................................................................... 104

5.2.5.1.1

Product Portfolio..................................................................................................... 104

5.2.5.1.2

Research and Development Analysis .................................................................... 104

5.2.5.2

Competitive Position ........................................................................................ 105

5.2.5.2.1

Strengths ................................................................................................................ 105

5.2.5.2.2

Weakness .............................................................................................................. 105

5.2.5.3

Patent Analysis ................................................................................................ 105

5.2.6 AXA Group ................................................................................................. 106 Company Overview ......................................................................................... 106

5.2.6.1.1

5.2.6.2

Business Strategies ......................................................................................... 106

5.2.6.2.1

5.2.6.3

Product Developments ........................................................................................... 106

Corporate Strategies........................................................................................ 106

5.2.6.3.1

5.2.6.4

Product Portfolio..................................................................................................... 106

Partnerships and Collaborations ............................................................................ 106

Competitive Position ........................................................................................ 107

5.2.6.4.1

Strengths ................................................................................................................ 107

5.2.6.4.2

Weakness .............................................................................................................. 107

5.2.7 The Progressive Corporation ................................................................... 108 5.2.7.1

Company Overview ......................................................................................... 108

5.2.7.1.1

5.2.7.2

Business Strategies ......................................................................................... 108

5.2.7.2.1

5.2.7.3

Product Portfolio..................................................................................................... 108

Product Developments ........................................................................................... 108

Competitive Position ........................................................................................ 108

5.2.7.3.1

Strengths ................................................................................................................ 108

5.2.7.3.2

Weakness .............................................................................................................. 109 13

Telematics Insurance Market – A Global and Regional Market Analysis

5.2.6.1

5.2.7.4

Patent Analysis ................................................................................................ 109

5.2.8 Amodo Ltd. ................................................................................................ 110 5.2.8.1

Company Overview ......................................................................................... 110

5.2.8.1.1

5.2.8.2

Business Strategies ......................................................................................... 110

5.2.8.2.1

5.2.8.3

Market Developments ............................................................................................ 110

Corporate Strategies........................................................................................ 110

5.2.8.3.1

5.2.8.4

Product Portfolio..................................................................................................... 110

Partnerships and Collaborations ............................................................................ 110

Competitive Position ........................................................................................ 111

5.2.8.4.1

Strengths ................................................................................................................ 111

5.2.8.4.2

Weakness .............................................................................................................. 111

5.2.9 Cambridge Mobile Telematics .................................................................. 112 Company Overview ......................................................................................... 112

5.2.9.1.1

5.2.9.2

Corporate Strategies........................................................................................ 112

5.2.9.2.1

5.2.9.3

Product Portfolio..................................................................................................... 112

Partnerships and Collaborations ............................................................................ 112

Competitive Position ........................................................................................ 112

5.2.9.3.1

Strengths ................................................................................................................ 112

5.2.9.3.2

Weakness .............................................................................................................. 113

5.2.9.4

Patent Analysis ................................................................................................ 113

5.2.10 Generali Group .......................................................................................... 114 5.2.10.1 Company Overview ......................................................................................... 114 5.2.10.1.1 Product Portfolio..................................................................................................... 114

5.2.10.2 Business Strategies ......................................................................................... 114 5.2.10.3 Product Development ...................................................................................... 114 5.2.10.4 Corporate Strategies........................................................................................ 114 5.2.10.4.1 Partnerships and Collaborations ............................................................................ 114

5.2.10.5 Competitive Position ........................................................................................ 115 5.2.10.5.1 Strengths ................................................................................................................ 115 5.2.10.5.2 Weakness .............................................................................................................. 115 14 All rights reserved at BIS Research Inc.

Telematics Insurance Market – A Global and Regional Market Analysis

5.2.9.1

5.2.11 The Floow Limited ..................................................................................... 116 5.2.11.1 Company Overview ......................................................................................... 116 5.2.11.1.1 Product Portfolio..................................................................................................... 116

5.2.11.2 Business Strategies ......................................................................................... 116 5.2.11.2.1 Product Developments ........................................................................................... 116

5.2.11.3 Corporate Strategies........................................................................................ 116 5.2.11.3.1 Partnerships and Collaborations ............................................................................ 116

5.2.11.4 Competitive Position ........................................................................................ 117 5.2.11.4.1 Strengths ................................................................................................................ 117 5.2.11.4.2 Weakness .............................................................................................................. 117

5.2.12 TrueMotion Inc. .......................................................................................... 118 5.2.12.1 Company Overview ......................................................................................... 118 5.2.12.1.1 Product Portfolio..................................................................................................... 118

5.2.12.2 Business Strategies ......................................................................................... 118

5.2.12.3.1 Partnerships and Collaborations ............................................................................ 118

5.2.12.4 Competitive Position ........................................................................................ 119 5.2.12.4.1 Strengths ................................................................................................................ 119 5.2.12.4.2 Weakness .............................................................................................................. 119

5.2.12.5 Patent Analysis ................................................................................................ 119

5.2.13 insurethebox Ltd. ...................................................................................... 120 5.2.13.1 Company Overview ......................................................................................... 120 5.2.13.1.1 Product Portfolio..................................................................................................... 120

5.2.13.2 Corporate Strategies........................................................................................ 120 5.2.13.2.1 Partnerships and Collaborations ............................................................................ 120 5.2.13.2.2 Merger and Acquisition .......................................................................................... 120

5.2.13.3 Competitive Position ........................................................................................ 120 5.2.13.3.1 Strengths ................................................................................................................ 120 5.2.13.3.2 Weakness .............................................................................................................. 121

Telematics Insurance Market – A Global and Regional Market Analysis

5.2.12.3 Corporate Strategies........................................................................................ 118

5.2.14.1 Company Overview ......................................................................................... 122 5.2.14.1.1 Product Portfolio..................................................................................................... 122

5.2.14.2 Corporate Strategies........................................................................................ 122 5.2.14.2.1 Partnerships and Collaborations ............................................................................ 122

5.2.14.3 Competitive Position ........................................................................................ 122 5.2.14.3.1 Strengths ................................................................................................................ 122 5.2.14.3.2 Weakness .............................................................................................................. 123

5.2.15 CalAmp Corp. ............................................................................................ 124 5.2.15.1 Company Overview ......................................................................................... 124 5.2.15.1.1 Product Portfolio..................................................................................................... 124 5.2.15.1.2 R&D Analysis ......................................................................................................... 124

5.2.15.2 Business Strategies ......................................................................................... 125 5.2.15.2.1 Product Development ............................................................................................ 125

5.2.15.3 Corporate Strategies........................................................................................ 125 5.2.15.3.1 Partnership and Collaboration ............................................................................... 125

5.2.15.4 Competitive Position ........................................................................................ 125 5.2.15.4.1 Strengths ................................................................................................................ 125 5.2.15.4.2 Weakness .............................................................................................................. 125

5.2.15.5 Patent Analysis ................................................................................................ 126

Research Methodology ............................................................ 127 6.1

Data Sources .................................................................................................. 127

6.1.1 Primary Data Sources ............................................................................... 127 6.2

Data Triangulation ......................................................................................... 128

6.3

Market Estimation and Forecast ................................................................... 129

6.3.1 Factors for Data Prediction and Modeling .............................................. 129

Telematics Insurance Market – A Global and Regional Market Analysis

5.2.15.3.2 Mergers and Acquisitions ....................................................................................... 125

Figure 1:

Telematics Insurance Market (by Device Type), 2019-2025

Figure 2:

Telematics Insurance Market (by Distribution Channel), 2019-2025

Figure 3:

Telematics Insurance Market (by Application), 2019-2025

Figure 4:

Telematics Insurance Market (by Type), 2019-2025

Figure 5:

Telematics Insurance Market (by Region), 2019

Figure 6:

Telematic Insurance Market: Coverage

Figure 3:

Business Dynamics for the Telematics Insurance Market

Figure 4:

Share of Key Market Strategies and Developments (2018-2021)

Figure 5:

Share of Key Market Strategies and Developments

Figure 6:

Telematics Insurance Market for Passenger Vehicles, $Million, 2019-2025

Figure 7:

Telematics Insurance Market for Commercial Vehicles, $Million, 2019-2025

Figure 8:

Telematics Insurance Market for OEM, $Million, 2019-2025

Figure 9:

Telematics Insurance Market for Aftermarket, $Million, 2019-2025

Figure 10:

Pay as You Drive (PAYD) for Telematics Insurance Market, $Million, 2019-2025

Figure 11:

Pay How You Drive (PHYD) for Telematics Insurance Market, $Million, 2019-2025

Figure 12:

Smartphone for Telematics Insurance Market, $Million, 2019-2025

Figure 13:

Onboard Device for Telemtaics Insurance Market, $Million, 2019-2025

Figure 14:

Blackbox for Telemtaics Insurance Market, $Million, 2019-2025

Figure 15:

OEM embedded for Telematics Insurance Market, $Million, 2019-2025

Figure 16:

North America Telematics Insurance Market, $Million, 2019-2025

Figure 17:

U.S. Telematics Insurance Market, $Million, 2019-2025

Figure 18:

Canada Telematics Insurance Market, $Million, 2019-2025

Figure 19:

Mexico Telematics Insurance Market, $Million, 2019-2025

Figure 20:

Europe Telematics Insurance Market, $Million, 2019-2025

Figure 21:

Italy Telematics Insurance Market, $Million, 2019-2025

Figure 22:

Rest-of-Europe Telematics Insurance Market, $Million, 2019-2025

Figure 23:

U.K. Telematics Insurance Market, $Million, 2019-2025

Figure 24:

China Telematics Insurance Market, $Million, 2019-2025

Figure 25:

Asia-Pacific and Japan Telematics Insurance Market, $Million, 2019-2025

Figure 26:

South Korea Telematics Insurance Market, $Million, 2019-2025

Figure 27:

Japan Telematics Insurance Market, $Million, 2019-2025

Figure 28:

Rest-of-Asia-Pacific and Japan Insurance Market, $Million, 2019-2025 17

Telematics Insurance Market – A Global and Regional Market Analysis

List of Figures

RoW Telematics Insurance Market, $Million, 2019-2025

Figure 31:

CalAmp Corp.: R&D Expenditure

Figure 32:

Data Triangulation

Figure 33:

Top-Down and Bottom-Up Approach

Figure 34:

Assumptions and Limitations

Telematics Insurance Market – A Global and Regional Market Analysis

Figure 29:

Table 1:

Telematics Insurance Market Overview, 2019 and 2025

Table 2:

Impact of Business Drivers

Table 3:

Impact of Business Restraints

Table 4:

Impact of Business Opportunities

Table 5:

Telematics Insurance Market (by Application), $Million, 2019-2025

Table 6:

Telematics Insurance Market (by Distribution Channel), $Million, 2019-2025

Table 7:

Telematics Insurance Market (by Type), $Million, 2019-2025

Table 8:

Telematics Insurance Market (by Device Type), $Million, 2019-2025

Table 9:

Telematics Insurance Market (by Region), $Million, 2019-2025

Table 10:

North America Telematics Insurance Market (by Application), $Million, 2019-2025

Table 11:

North America Telematics Insurance Market (by Distribution Channel), $Million, 2019-2025

Table 12:

North America Telematics Insurance Market (by Type), $Million, 2019-2025

Table 13:

North America Telematics Insurance Market (by Device Type), $Million, 2019-2025

Table 14:

U.S. Telematics Insurance Market (by Application), $Million, 2019-2025

Table 15:

U.S. Telematics Insurance Market (by Device Type), $Million, 2019-2025

Table 16:

Canada Telematics Insurance Market (by Application), $Million, 2019-2025

Table 17:

Canada Telematics Insurance Market (by Device Type), $Million, 2019-2025

Table 18:

Mexico Telematics Insurance Market (by Application), $Million, 2019-2025

Table 19:

Mexico Telematics Insurance Market (by Device Type), $Million, 2019-2025

Table 20:

Europe Telematics Insurance Market (by Application), $Million, 2019-2025

Table 21:

Europe Telematics Insurance Market (by Distribution Channel), $Million, 2019-2025

Table 22:

Europe Telematics Insurance Market (by Type), $Million, 2019-2025

Table 23:

Europe Telematics Insurance Market (by Device Type), $Million, 2019-2025

Table 24:

Italy Telematics Insurance Market (by Application), $Million, 2019-2025

Table 25:

Italy Telematics Insurance Market (by Device Type), $Million, 2019-2025

Table 26:

Rest-of-Europe Telematics Insurance Market (by Application), $Million, 2019-2025

Table 27:

Rest-of-Europe Telematics Insurance Market (by Device Type), $Million, 2019-2025

Table 28:

U.K. Telematics Insurance Market (by Application), $Million, 2019-2025

Table 29:

U.K. Telematics Insurance Market (by Distribution Channel), $Million, 2019-2025

Table 30:

U.K. Telematics Insurance Market (by Type), $Million, 2019-2025

Table 31:

U.K. Telematics Insurance Market (by Device Type), $Million, 2019-2025

Table 32:

China Telematics Insurance Market (by Application), $Million, 2019-2025 19

Telematics Insurance Market – A Global and Regional Market Analysis

List of Tables

Table 33:

China Telematics Insurance Market (by Distribution Channel), $Million, 2019-2025

Table 34:

China Telematics Insurance Market (by Type), $Million, 2019-2025

Table 35:

China Telematics Insurance Market (by Device Type), $Million, 2019-2025

Table 36:

Asia-Pacific and Japan Telematics Insurance Market (by Application), $Million, 2019-2025

Table 37:

Asia-Pacific and Japan Telematics Insurance Market (by Distribution Channel), $Million, 2019-2025

Table 38:

Asia-Pacific and Japan Telematics Insurance Market (by Type), $Million, 2019-2025

Table 39:

Asia-Pacific and Japan Telematics Insurance Market (by Device Type), $Million, 2019-2025

Table 40:

South Korea Telematics Insurance Market (by Application), $Million, 2019-2025

Table 41:

South Korea Telematics Insurance Market (by Device Type), $Million, 2019-2025

Table 42:

Japan Telematics Insurance Market (by Application), $Million, 2019-2025

Table 43:

Japan Telematics Insurance Market (by Device Type), $Million, 2019-2025

Table 44:

Rest-of-Asia-Pacific and Japan Telematics Insurance Market (by Application), $Million, 2019-2025

Table 45:

Rest-of-Asia-Pacific and Japan Telematics Insurance Market (by Device Type), $Million,

Table 46:

RoW Telematics Insurance Market (by Application), $Million, 2019-2025

Table 47:

RoW Telematics Insurance Market (by Distribution Channel), $Million, 2019-2025

Table 48:

RoW Telematics Insurance Market (by Type), $Million, 2019-2025

Table 49:

RoW Telematics Insurance Market (by Device Type), $Million, 2019-2025

Telematics Insurance Market – A Global and Regional Market Analysis

2019-2025

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Telematics Insurance Market – A Global and Regional Market Analysis

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Telematics Insurance Market – A Global and Regional Market Analysis

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Telematics Insurance Market – A Global and Regional Market Analysis

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