The market is expected to progress at a CAGR of 18.7% from 2023 to 2033. The telematics-based auto insurance market is predicted to be worth US$ 2,513.9 million in 2023 and rise to US$ 13,998.3 million by 2033. The global industry was expanding at a CAGR of 16.6% from 2018 to 2022. Governments want to develop the …
Tag Archives: Telematics-based Auto Insurance Market
Telematics-based Auto Insurance Market Surges: Anticipated 18.7% CAGR, Envisioned at 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 …
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 …