Edison, NJ -- (SBWire) -- 09/04/2020 --Covid-19 Impact Update – Global Market Research Industry

Analysts at AMA constantly monitor the industry impacts of current events in real-time – here is an update of how this industry is likely to be impacted as a result of the global COVID-19 pandemic:

Usage-based insurance (UBI), also referred to as pay-per-mile or pay-as-you-drive is a type of auto insurance which depends on the specific insurer's program, can measure how far a vehicle is driven, where it's driven or how it's driven. It is often operated by telematics, a technology which is available in vehicles using a plug-in device or is pre-installed in the car's network, but can also be available through mobile applications. It provides insurers a range of data, from how drivers are braking and accelerating to their speeds, where they're driving, and for how long they're behind the wheel. The data collected gets sent to an insurance corporation, which can keep the track of distance driven for the basic pay-as-you-go insurance, or more generally assess the risk profile of a particular driver in order to reward safer drivers with discounts on their insurance.

AMA Research have added latest edition of survey study on Usage-Based Insurance Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides estimates for Usage-Based Insurance Forecast till 2025*. Some are the key players taken under coverage for this study is Allianz SE (Germany), AXA S.A. (France), Insure The Box Ltd (United Kingdom), Progressive Corporation (United States), Allstate Corporation (United States), Generali Group (Italy), Mapfre S.A. (Spain), Metromile (United States), Aviva plc. (United Kingdom) and Ageas (Belgium).

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Influencing Trends of Usage-Based Insurance Market
- Timely and Accurate Data Collection
- Rising Permeation of Smartphones Integrated With Vehicle Connectivity Systems

How Growth Drivers of Usage-Based Insurance Market Changing Dynamics
- Increasing Adoption of Telematics
- Decline in Insurance Premium and Risk-Related Costs
- Lesser Accident and Vehicle Theft Possibilities
Restraints
- Uncertainty over Regulations and Legislative Environments
- Telematics Installation Cost Is High

Opportunities
- Growth of the Automobile Industry in Developing Countries
- Technological Advancement in Usage-Based Insurance
- Rising Concerns Regarding Driver Safety

Challenges
- Data Privacy Concerns and Quality Issues
- Absence of Standardized Systems

Important Features that are under offering & key highlights of the report:

1) How Study Have Considered the Impact of COVID-19 / Economic Slowdown of 2020 ?
Analyst at AMAare constantly gathering and conducting survey with opinion leaders and Industry experts from various region to minutely understand impact on growth as well as local reforms to evaluate study and market estimates. Due to lockdown different online medium and procedures are followed like Survey Monkey, LinkedIn Connections, and Email reach and industry forum to established industry viewpoint to garner rich insights for study. A special chapter in the study presents Impact Analysis of COVID-19 on Usage-Based Insurance Market along with tables and graphs related to various country and segments showcasing impact on growth trends.

2) Can list of players be customizeaccordingto targeted regional geographies to match business objective?
Considering heat map analysis and based on market buzz or voice the profiled list of companies in the the report are Allianz SE (Germany), AXA S.A. (France), Insure The Box Ltd (United Kingdom), Progressive Corporation (United States), Allstate Corporation (United States), Generali Group (Italy), Mapfre S.A. (Spain), Metromile (United States), Aviva plc. (United Kingdom) and Ageas (Belgium). ". Yes, further list of players can also be customized as per your requirement keeping in mind your areas of interest and adding local emerging players and leaders from targeted geography.

** List of companies covered may vary in the final report subject to Name Change / Merger & Acquisition Activity etc. based on the difficulty of survey since data availability needs to be confirmed by research team especially in case of privately held company. Up to 2 players can be added at no additional cost.

3) Can Market be broken down by different set of application and types?
Additional segmentation / Market breakdown is possible subject to data availability, feasibility and depending upon timeline and toughness of survey. However a detailed requirement needs to be prepared before making any final confirmation.

** 3+ Additional country of your interest can be included at no added cost feasibility test would be conducted by Analyst team of AMA based on the requirement shared and accordingly deliverable time will also be disclosed.

Enquire for customization in Report @
https://www.advancemarketanalytics.com/enquiry-before-buy/29830-global-usage-based-insurance-market

Major Highlights from Scope of Work:
1. Industry overview (Introduction)
2. Objectives, Definitions, key features of the study.
3. Overview Of Global Usage-Based InsuranceMarket.
4. Major segmentation classification, type, application and etc.
5. Market company profile, overview.
6. Market Procedure Volumes & revenue Analysis.
7. Recent Developments for Market Competitors.
8. Market Volumes, Demand and Supply Gap.

To comprehend Usage-Based Insurance market dynamics in the world mainly, the worldwide Usage-Based Insurance market is analyzed across major global regions. AMA also provides customized specific regional and country-level reports for the following areas.

- North America: United States, Canada, and Mexico.
- South & Central America: Argentina, Chile, and Brazil.
- Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.
- Europe: United Kingdom, France, Italy, Germany, Spain, Belgium, Netherlands, Poland and Russia.
- Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia.

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Major Highlights of TOC:
Chapter 1: Market Overview
Chapter 2: Executive Summary ---------- Free of Cost
Chapter 3: Market Dynamics ------ USD1000
Market Drivers, Market Challenges, Market Trends, Restraints & Opportunities, Post Covid Scenario
Chapter 4: Market Factor Analysis ------ USD400
Supply/Value Chain, Porters Five Forces, PESTEL analysis, Market Entropy, Patent & Trademark Analysis, Bargain Power
Chapter 5:Usage-Based Insurance, by Market Segmentation and Geography (value, volume**) (2014-2019) ------ USD1400
Usage-Based Insurance
Type (Pay-As-You-Drive (PAYD), Pay-How-You-Drive (PHYD), Manage-How-You-Drive (MHYD)), Vehicle (Light Duty Vehicles (LDV), Heavy Duty Vehicles (HDV)), Technology (OBD-II, Smartphone, Hybrid, Black-Box)
Usage-Based Insurance Region
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Spain, Italy, Netherlands, Switzerland, Nordic, Others)
Asia-Pacific (Japan, China, Australia, India, Taiwan, South Korea, Middle East & Africa, Others)
Chapter 6: Usage-Based Insurance - Manufacturers/Players Analysis ------ USD1200
Competitive Landscape, Comparative Market Share Analysis (2018-2019), Peer Group Analysis (2019), BCG Matrix, Company Profile, Product/Service Offering Matrix
Chapter 7:Usage-Based Insurance, by Market Segmentation and Region (value, volume**) (2020-2025) ------ USD1400
------ Sections same as Chapter Five------
Chapter 8:Company profiles / Competitive Landscape [12 Players]------ USD1250
Chapter 9: Methodology/Research Approach, Data Source, Disclaimer
** If applicable

Read our Case study and full Outline of Report @
https://www.advancemarketanalytics.com/reports/29830-global-usage-based-insurance-market

Actual Numbers & In-Depth Analysis, Business opportunities, Market Size Estimation Available in Full Report.
AMA also offers Custom Research services providing focused, comprehensive and tailored research according to clientele objectives. Thanks for reading this article; you can also get individual chapter wise section or region wise report like North America, Europe or Asia.