The global telematics-based auto insurance market is expected to produce approximately US$ 2,513.9 million in revenue in the year 2023. This market is projected to experience substantial growth, with an anticipated annual increase of 18.7%, ultimately reaching US$ 13,998.3 million by the year 2033. Governments want to develop the automotive industry by implementing cutting-edge telematics …
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Telematics-based Auto Insurance Market: Revving Up at an Impressive 18.7% CAGR, Anticipated to Hit US$ 13,998.3 Million by 2033
The global telematics-based auto insurance market is expected to produce approximately US$ 2,513.9 million in revenue in the year 2023. This market is projected to experience substantial growth, with an anticipated annual increase of 18.7%, ultimately reaching US$ 13,998.3 million by the year 2033. Governments want to develop the automotive industry by implementing cutting-edge telematics …