Research Report Insurance Telematics Market Statistics and Growth

Title: Insurance Telematics Market Expected to grow at a CAGR of 21.01% by 2025
Summary:
“Insurance Telematics Market Research Report 2018” provides a detailed analysis of the Insurance
Telematics market with description of market sizing and growth, segmentation of market by
products & services and major markets, top market players etc. The report recapitulates the factors
that will be responsible for the growth in the market in the forecasted period.
The Global Insurance Telematics Market was valued at USD 1047.17 million in 2016 and is
projected to reach USD 5826.52 million by 2025, growing at a CAGR of 21.01% from 2017 to 2025.
Telematics insurance is a way for insurers to analyze the way you drive that allows insurers to
calculate risk on the kind of driver you are and adjust the price of your policy accordingly. When
fitted in your vehicle, the telematics box will record things like speed, braking patterns and distance
travelled, all with the aim to calculate how safe you’re driving. Telematics insurance benefits the
insurers in several ways including to find the safe drivers, have new and value-added services,
improved underwriting, reduced costs, and helps with claim management.
Request a Sample Copy of this Report at:
https://www.marketinsightsreports.com/reports/0305290842/global-insurance-telematics-
market/inquiry
Top Leading Companies are TOMTOM Telematics, Trimble Navigation, Verizon Enterprise Solutions,
Mix Telematics, Sierra Wireless, Octo Telematics, Masternaut Limited, Agero Inc., Aplicom OY,