Global Telematics-Based Auto Insurance Market Analysis and Forecast 2019-2028
The global telematics-based auto insurance market is expected to grow at a CAGR of 18.2% during 2023-2028, as per RationalStat analysis. Telematics-based auto insurance is a type of usage-driven insurance (UBI) that utilizes telematics technology, which involves collecting data from a vehicle?s onboard sensors to assess the driving behavior and usage patterns of the insured driver.
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