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 Resources, Inc. since its establishment in 1995, has been working as an information sales agent, selling market research reports and annual subscription services, and also providing custom research and consulting services to Japanese and overseas customers. Data Resources offers such services to marketing and research personnel at telecommunication operators, IT services providers, semiconductor makers, automobile manufacturers, auto component manufacturers, electronics manufacturers, and materials manufacturers. Data Resources provides customers with the highest quality solutions available.
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