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Telematics Insurance in Europe and North America - 8th Edition

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 require 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 for 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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Telematics Insurance in Europe and North America - 7th Edition

The number of telematics insurance contracts in Europe and North America will 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 5-year forecast. [Contents (excerpt)] 1. Car 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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