Global Insurance Telematics Market Analysis, Market Share, Application Analysis, Regional Outlook, Competitive Strategies and Forecast by 2025
This report focuses on the Insurance Telematics Market in Global market, especially in United States, China, South Korea, United Kingdom, Southeast Asia and India. This report categorizes the market based on manufacturers, countries, type and application
(EMAILWIRE.COM, September 18, 2018 ) The Global Insurance Telematics Market was valued at USD 1047.17 million in 2016 and is projected to reach USD 5826.52 million by 2025, growing at a CAGR of 21.01% from 2017 to 2025.
Telematics insurance is a way for insurers to analyze the way you drive that allows insurers to calculate risk on the kind of driver you are and adjust the price of your policy accordingly. Telematics insurance benefits the insurers in several ways such as in determining the safe drivers, value-added services and helps with claiming the insurance.
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The emergence of IoT in insurance telematics has increased the need of assessing risk management and has reduced the costs of connectivity solutions. These characteristics are the potential drivers and have increased the overall growth rate of the global insurance telematics market. Apart from this, the absence of standardized system and concerns regarding data privacy of end-user might hamper the growth of global insurance telematics market.
Competitive Landscape:
The major players in the market are as follows:
TOMTOM Telematics
Trimble Navigation
Verizon Enterprise Solutions
Mix Telematics
Sierra Wireless
Octo Telematics
Masternaut Limited
Agero Inc.
Aplicom OY
Telogis
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Verified Market Research Insights is a stand-alone organization with a solid history of advancing and exchanging market research reports and logical surveys delivered by our numerous transnational accomplices, which incorporate both huge multinationals and littler, more expert concerns.
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Verified Market Research
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Tel: +1650781 4080
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Telematics insurance is a way for insurers to analyze the way you drive that allows insurers to calculate risk on the kind of driver you are and adjust the price of your policy accordingly. Telematics insurance benefits the insurers in several ways such as in determining the safe drivers, value-added services and helps with claiming the insurance.
Download Sample Copy@https://www.verifiedmarketresearch.com/download-sample/?rid=1903
The emergence of IoT in insurance telematics has increased the need of assessing risk management and has reduced the costs of connectivity solutions. These characteristics are the potential drivers and have increased the overall growth rate of the global insurance telematics market. Apart from this, the absence of standardized system and concerns regarding data privacy of end-user might hamper the growth of global insurance telematics market.
Competitive Landscape:
The major players in the market are as follows:
TOMTOM Telematics
Trimble Navigation
Verizon Enterprise Solutions
Mix Telematics
Sierra Wireless
Octo Telematics
Masternaut Limited
Agero Inc.
Aplicom OY
Telogis
Ask for Discount @ https://www.verifiedmarketresearch.com/ask-for-discount/?rid=1903
About Us:
Verified Market Research Insights is a stand-alone organization with a solid history of advancing and exchanging market research reports and logical surveys delivered by our numerous transnational accomplices, which incorporate both huge multinationals and littler, more expert concerns.
Contact Information:
Verified Market Research
Contact Person: Ankush
Tel: +1650781 4080
Email us: sales@verifiedmarketresearch.com
Contact Information:
Verified Market Research
Amaan Kazi
Tel: +1 (650) 781 4080
Email us
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Verified Market Research
Amaan Kazi
Tel: +1 (650) 781 4080
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results