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Telematics Insurance Market - A Global and Regional Market Analysis

Focus on Product, Application, and Country Assessment - Analysis and Forecast, 2020-2025

 
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The telematics insurance market is expected to grow at a CAGR of 15.49% during the forecast period from 2020-2025.

Industry trends influencing the market include smart camera technologies in association with telematics and telematics for electric vehicles.

The growth factors related to telematics insurance market include growing popularity of mobile telematics, prevention of false insurance claims, and increasing road accidents, among others.

Pay As You Drive (PAYD) and Pay How You Drive (PAHD) are the two major product types available in telematics insurance market.

Some of the key companies operating in the market include Octo Group S.p.A., Insurance & Mobility Solutions, Agero, Inc., Webfleet Solutions B.V., Verizon Communications, Inc.,

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