Usage-Based Insurance Market By Size, Share and Forecast 2028 | TechSci Research

Global Usage-Based Insurance Market was valued at USD 25.21 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 26.32% through 2028. Usage-Based Insurance (UBI) is a revolutionary paradigm shift in the insurance industry, transforming traditional risk assessment and premium calculation methods. UBI leverages advanced telematics technology to monitor and evaluate an individual's driving behavior, offering personalized and fairer insurance rates based on actual usage data.

Key Market Players

Cambridge Mobile Telematics
Progressive Casualty Insurance Company
Inseego Corp.
The Floow Limited
Assicurazioni Generali S.p.A
Equitable Holdings, Inc.
The Modus Group, LLC
Octo Group S.p.A
TomTom International BV.
Allianz Partners
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