This statistic presents the market size of the telematics insurance market worldwide in 2015 and a forecast for 2020. As of 2016, the global telematics insurance market was projected to grow to 2.2 billion U.S. dollars by 2020.
Market size of the telematics insurance market worldwide from 2015 to 2020
(in million U.S. dollars)
Telematics insurance is a type of car insurance where a telematics box is fitted to your car. The telematics box (also commonly known as a black box) then measures various aspects of how, when and where you drive. Insurance companies then use this data to calculate premiums on an individual basis.
*Forecast.
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IIF. (September 21, 2016). Market size of the telematics insurance market worldwide from 2015 to 2020 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/692557/market-size-of-the-telematics-insurance-market-worldwide/
IIF. "Market size of the telematics insurance market worldwide from 2015 to 2020 (in million U.S. dollars)." Chart. September 21, 2016. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/692557/market-size-of-the-telematics-insurance-market-worldwide/
IIF. (2016). Market size of the telematics insurance market worldwide from 2015 to 2020 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/692557/market-size-of-the-telematics-insurance-market-worldwide/
IIF. "Market Size of The Telematics Insurance Market Worldwide from 2015 to 2020 (in Million U.S. Dollars)." Statista, Statista Inc., 21 Sep 2016, https://www.statista.com/statistics/692557/market-size-of-the-telematics-insurance-market-worldwide/
IIF, Market size of the telematics insurance market worldwide from 2015 to 2020 (in million U.S. dollars) Statista, https://www.statista.com/statistics/692557/market-size-of-the-telematics-insurance-market-worldwide/ (last visited November 21, 2024)
Market size of the telematics insurance market worldwide from 2015 to 2020 (in million U.S. dollars) [Graph], IIF, September 21, 2016. [Online]. Available: https://www.statista.com/statistics/692557/market-size-of-the-telematics-insurance-market-worldwide/
