The number of telematics insurance contracts in Europe and North America is expected to reach 49.9 million by the end of 2027.
The concept of telematics is a coined term that combines telecommunications (long-distance communication) and informatics (information science). In the EU, EFTA, and the UK, approximately 338 million vehicles were in use in 2021, including over 294 million passenger cars. In most developed countries, it is mandatory to have some form of basic car insurance, and there are numerous subcategories of insurance that cover various types of unforeseen events related to automobiles. This report investigates the telematics insurance market in Europe and North America, analyzing the overview of telematics insurance, market trends and forecasts, and key company information. It also provides a five-year forecast. [Contents (excerpt)] 1. Automobile insurance market (Europe/North America) 2. Telematics insurance solutions 3. Telematics insurance market (Europe/North America) 4. Market forecasts and trends 5. Company profiles and strategies Report details https://www.dri.co.jp/auto/report/berg/231006-insurance-telematics-in.html
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Overview (Excerpt) Publisher: Berg Insight Publication Date: October 2023 Number of Pages: 250 Language: English *Our data resources are authorized sales agents for Berg Insight.
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Data Resource Co., Ltd. provides valuable information and analytical data for business strategy planning, including the latest market information on telecommunications, computers, electronics, energy, and automotive-related sectors worldwide, as well as competitor strategies, the development of new technologies and services, regulations, and intellectual property.