The number of insurance telematics contracts in Europe and North America will reach 43.9 million by 2028.
Berg Insight has announced a new research report on the telematics insurance market in Europe and North America. The potential market for insurance telematics is enormous. In 2022, approximately 342 million vehicles were in use in the EU + EFTA + UK, including over 297 million passenger cars. In North America, an estimated total of about 310 million vehicles were in use in 2022, with passenger cars and light trucks accounting for approximately 294 million of that total. Most developed countries mandate some form of basic auto insurance, and there are several subcategories of insurance that cover various types of unforeseen events related to automobiles. The total auto insurance premium in the EU22+3 reached 146.2 billion euros in 2023. The equivalent figure for North America was 381.3 billion USD (352.6 billion euros) in 2023. [Contents] ■ Automotive Market ■ Insurance Telematics Solutions ■ European Insurance Telematics Market ■ North American Insurance Telematics Market ■ Market Forecasts and Trends ■ Company Profiles and Strategies
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Publisher: Berg Insights Publication Month: December 2024 Report Language: English *For more details, please visit our website or refer to the sample materials.
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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.