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Market size of the telematics insurance market worldwide 2015-2020

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

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Sources

Release date

September 2016

Region

Worldwide

Survey time period

2016

Supplementary notes

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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