Global Connected Cars Insurance Industry

2023-2029 Global Connected Cars Insurance Industry Research & Trends Analysis Report

Global Connected Cars Insurance Industry

2023-2029 Global Connected Cars Insurance Industry Research & Trends Analysis Report


The Connected Cars Insurance Market report highlights technological advancements, investment opportunities, and regulatory frameworks shaping the industry landscape through 2030.

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According to Research, the global market for Connected Cars Insurance should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.

China Connected Cars Insurance market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.

The United States Connected Cars Insurance market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.

In terms of type, Liability Coverage segment holds a share about % in 2022 and will reach % in 2029; while in terms of application, Passengers Vehicles has a share approximately % in 2022 and will grow at a CAGR % during 2023 and 2029.

The global key manufacturers of Connected Cars Insurance include Metromile, Wejo, IMS, Marmalade, Zego, Aviva, Admiral, AXA and By Miles, etc. In 2022, the global top five players hold a share approximately % in terms of revenue.

This report aims to provide a comprehensive study of the global market for Connected Cars Insurance. Report Highlights:

(1) Global Connected Cars Insurance market size (value), history data from 2018-2022 and forecast data from 2023 to 2029.

(2) Global Connected Cars Insurance market competitive situation, revenue and market share, from 2018 to 2022.

(3) China Connected Cars Insurance market competitive situation, revenue and market share, from 2018 to 2022.

(4) Global Connected Cars Insurance segment by region (or country), key regions cover the United States, Europe, Japan, South Korea, Southeast Asia and India, etc.

(5) Global Connected Cars Insurance segment by type and by application and regional segment by type and by application.

(6) Connected Cars Insurance industry supply chain, upstream, midstream and downstream analysis.

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa

Market segment by type, covers

Liability Coverage

Collision Coverage

Comprehensive Coverage

Market segment by application, can be divided into

Passengers Vehicles

Goods Vehicles

Market segment by players, this report covers

Metromile

Wejo

IMS

Marmalade

Zego

Aviva

Admiral

AXA

By Miles

Mile Auto

1 Market Overview

1.1 Product Overview and Scope of Connected Cars Insurance

1.2 Global Connected Cars Insurance Market Size and Forecast

1.3 China Connected Cars Insurance Market Size and Forecast

1.4 China Market Percentage in Global

1.4.1 By Revenue, China Connected Cars Insurance Share in Global Market, 2018-2029

1.4.2 Connected Cars Insurance Market Size: China VS Global, 2018-2029

1.5 Connected Cars Insurance Market Dynamics

1.5.1 Connected Cars Insurance Market Drivers

1.5.2 Connected Cars Insurance Market Restraints

1.5.3 Connected Cars Insurance Industry Trends

1.5.4 Connected Cars Insurance Industry Policy

2 Global Competitive Situation by Company

2.1 Global Connected Cars Insurance Revenue by Company (2018-2023)

2.2 Global Connected Cars Insurance Participants, Market Position (Tier 1, Tier 2 and Tier 3)

2.3 Global Connected Cars Insurance Concentration Ratio

2.4 Global Connected Cars Insurance Mergers & Acquisitions, Expansion Plans

2.5 Global Connected Cars Insurance Manufacturers Product Type

3 China Competitive Situation by Company

3.1 China Connected Cars Insurance Revenue by Company (2018-2023)

3.2 China Connected Cars Insurance Connected Cars Insurance Participants, Market Position (Tier 1, Tier 2 and Tier 3)

3.3 China Connected Cars Insurance, Revenue Percentage of Local Players VS Foreign Manufacturers (2018-2023)

4 Industry Chain Analysis

4.1 Connected Cars Insurance Industry Chain

4.2 Connected Cars Insurance Upstream Analysis

4.3 Connected Cars Insurance Midstream Analysis

4.4 Connected Cars Insurance Downstream Analysis

5 Sights by Type

5.1 Connected Cars Insurance Classification

5.1.1 Liability Coverage

5.1.2 Collision Coverage

5.1.3 Comprehensive Coverage

5.2 By Type, Global Connected Cars Insurance Market Size & CAGR, 2018 VS 2022 VS 2029

5.3 By Type, Global Connected Cars Insurance Revenue, 2018-2029

6 Sights by Application

6.1 Connected Cars Insurance Segment by Application

6.1.1 Passengers Vehicles

6.1.2 Goods Vehicles

6.2 By Application, Global Connected Cars Insurance Market Size & CAGR, 2018 VS 2022 VS 2029

6.3 By Application, Global Connected Cars Insurance Revenue, 2018-2029

7 Sales Sights by Region

7.1 By Region, Global Connected Cars Insurance Market Size, 2018 VS 2022 VS 2029

7.2 By Region, Global Connected Cars Insurance Market Size, 2018-2029

7.3 North America

7.3.1 North America Connected Cars Insurance Market Size & Forecasts, 2018-2029

7.3.2 By Country, North America Connected Cars Insurance Market Size Market Share

7.4 Europe

7.4.1 Europe Connected Cars Insurance Market Size & Forecasts, 2018-2029

7.4.2 By Country, Europe Connected Cars Insurance Market Size Market Share

7.5 Asia Pacific

7.5.1 Asia Pacific Connected Cars Insurance Market Size & Forecasts, 2018-2029

7.5.2 By Country/Region, Asia Pacific Connected Cars Insurance Market Size Market Share

7.6 South America

7.6.1 South America Connected Cars Insurance Market Size & Forecasts, 2018-2029

7.6.2 By Country, South America Connected Cars Insurance Market Size Market Share

7.7 Middle East & Africa

8 Sights by Country Level

8.1 By Country, Global Connected Cars Insurance Market Size & CAGR，2018 VS 2022 VS 2029

8.2 By Country, Global Connected Cars Insurance Market Size, 2018-2029

8.3 U.S.

8.3.1 U.S. Connected Cars Insurance Market Size, 2018-2029

8.3.2 By Company, U.S. Connected Cars Insurance Revenue Market Share, 2018-2023

8.3.3 By Type, U.S. Connected Cars Insurance Revenue Market Share, 2022 VS 2029

8.3.4 By Application, U.S. Connected Cars Insurance Revenue Market Share, 2022 VS 2029

8.4 Europe

8.4.1 Europe Connected Cars Insurance Market Size, 2018-2029

8.4.2 By Company, Europe Connected Cars Insurance Revenue Market Share, 2018-2023

8.4.3 By Type, Europe Connected Cars Insurance Revenue Market Share, 2022 VS 2029

8.4.4 By Application, Europe Connected Cars Insurance Revenue Market Share, 2022 VS 2029

8.5 China

8.5.1 China Connected Cars Insurance Market Size, 2018-2029

8.5.2 By Company, China Connected Cars Insurance Revenue Market Share, 2018-2023

8.5.3 By Type, China Connected Cars Insurance Revenue Market Share, 2022 VS 2029

8.5.4 By Application, China Connected Cars Insurance Revenue Market Share, 2022 VS 2029

8.6 Japan

8.6.1 Japan Connected Cars Insurance Market Size, 2018-2029

8.6.2 By Company, Japan Connected Cars Insurance Revenue Market Share, 2018-2023

8.6.3 By Type, Japan Connected Cars Insurance Revenue Market Share, 2022 VS 2029

8.6.4 By Application, Japan Connected Cars Insurance Revenue Market Share, 2022 VS 2029

8.7 South Korea

8.7.1 South Korea Connected Cars Insurance Market Size, 2018-2029

8.7.2 By Company, South Korea Connected Cars Insurance Revenue Market Share, 2018-2023

8.7.3 By Type, South Korea Connected Cars Insurance Revenue Market Share, 2022 VS 2029

8.7.4 By Application, South Korea Connected Cars Insurance Revenue Market Share, 2022 VS 2029

8.8 Southeast Asia

8.8.1 Southeast Asia Connected Cars Insurance Market Size, 2018-2029

8.8.2 By Company, Southeast Asia Connected Cars Insurance Revenue Market Share, 2018-2023

8.8.3 By Type, Southeast Asia Connected Cars Insurance Revenue Market Share, 2022 VS 2029

8.8.4 By Application, Southeast Asia Connected Cars Insurance Revenue Market Share, 2022 VS 2029

8.9 India

8.9.1 India Connected Cars Insurance Market Size, 2018-2029

8.9.2 By Company, India Connected Cars Insurance Revenue Market Share, 2018-2023

8.9.3 By Type, India Connected Cars Insurance Revenue Market Share, 2022 VS 2029

8.9.4 By Application, India Connected Cars Insurance Revenue Market Share, 2022 VS 2029

8.10 Middle East & Asia

8.10.1 Middle East & Asia Connected Cars Insurance Market Size, 2018-2029

8.10.2 By Company, Middle East & Asia Connected Cars Insurance Revenue Market Share, 2018-2023

8.10.3 By Type, Middle East & Asia Connected Cars Insurance Revenue Market Share, 2022 VS 2029

8.10.4 By Application, Middle East & Asia Connected Cars Insurance Revenue Market Share, 2022 VS 2029

9 Global Manufacturers Profile

9.1 Metromile

9.1.1 Metromile Company Information, Head Office, Market Area and Industry Position

9.1.2 Metromile Company Profile and Main Business

9.1.3 Metromile Connected Cars Insurance Models, Specifications and Application

9.1.4 Metromile Connected Cars Insurance Revenue and Gross Margin, 2018-2023

9.1.5 Metromile Recent Developments

9.2 Wejo

9.2.1 Wejo Company Information, Head Office, Market Area and Industry Position

9.2.2 Wejo Company Profile and Main Business

9.2.3 Wejo Connected Cars Insurance Models, Specifications and Application

9.2.4 Wejo Connected Cars Insurance Revenue and Gross Margin, 2018-2023

9.2.5 Wejo Recent Developments

9.3 IMS

9.3.1 IMS Company Information, Head Office, Market Area and Industry Position

9.3.2 IMS Company Profile and Main Business

9.3.3 IMS Connected Cars Insurance Models, Specifications and Application

9.3.4 IMS Connected Cars Insurance Revenue and Gross Margin, 2018-2023

9.3.5 IMS Recent Developments

9.4 Marmalade

9.4.1 Marmalade Company Information, Head Office, Market Area and Industry Position

9.4.2 Marmalade Company Profile and Main Business

9.4.3 Marmalade Connected Cars Insurance Models, Specifications and Application

9.4.4 Marmalade Connected Cars Insurance Revenue and Gross Margin, 2018-2023

9.4.5 Marmalade Recent Developments

9.5 Zego

9.5.1 Zego Company Information, Head Office, Market Area and Industry Position

9.5.2 Zego Company Profile and Main Business

9.5.3 Zego Connected Cars Insurance Models, Specifications and Application

9.5.4 Zego Connected Cars Insurance Revenue and Gross Margin, 2018-2023

9.5.5 Zego Recent Developments

9.6 Aviva

9.6.1 Aviva Company Information, Head Office, Market Area and Industry Position

9.6.2 Aviva Company Profile and Main Business

9.6.3 Aviva Connected Cars Insurance Models, Specifications and Application

9.6.4 Aviva Connected Cars Insurance Revenue and Gross Margin, 2018-2023

9.6.5 Aviva Recent Developments

9.7 Admiral

9.7.1 Admiral Company Information, Head Office, Market Area and Industry Position

9.7.2 Admiral Company Profile and Main Business

9.7.3 Admiral Connected Cars Insurance Models, Specifications and Application

9.7.4 Admiral Connected Cars Insurance Revenue and Gross Margin, 2018-2023

9.7.5 Admiral Recent Developments

9.8 AXA

9.8.1 AXA Company Information, Head Office, Market Area and Industry Position

9.8.2 AXA Company Profile and Main Business

9.8.3 AXA Connected Cars Insurance Models, Specifications and Application

9.8.4 AXA Connected Cars Insurance Revenue and Gross Margin, 2018-2023

9.8.5 AXA Recent Developments

9.9 By Miles

9.9.1 By Miles Company Information, Head Office, Market Area and Industry Position

9.9.2 By Miles Company Profile and Main Business

9.9.3 By Miles Connected Cars Insurance Models, Specifications and Application

9.9.4 By Miles Connected Cars Insurance Revenue and Gross Margin, 2018-2023

9.9.5 By Miles Recent Developments

9.10 Mile Auto

9.10.1 Mile Auto Company Information, Head Office, Market Area and Industry Position

9.10.2 Mile Auto Company Profile and Main Business

9.10.3 Mile Auto Connected Cars Insurance Models, Specifications and Application

9.10.4 Mile Auto Connected Cars Insurance Revenue and Gross Margin, 2018-2023

9.10.5 Mile Auto Recent Developments

10 Conclusion

11 Appendix

11.1 Research Methodology

11.2 Data Source

11.2.1 Secondary Sources

11.2.2 Primary Sources

11.3 Market Estimation Model

11.4 Disclaimer

Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Connected Cars Insurance Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
What is the major concern of the players in the Connected Cars Insurance Market?
As manufacturers prepare to scale up, Connected Cars Insurance companies must be clear and transparent about the impact of such volatility on the balance sheet.
What years are taken into account in the Connected Cars Insurance Market study?
The Connected Cars Insurance Market study evaluates the year spans as follows: Historical year: 2019 to 2024; Base year: 2024; Forecast period**: 2025 to 2030 [** unless otherwise stated]
What challenges does the Connected Cars Insurance Market face in the future?
The convergence of various vital triggers, including a major slowdown in Western economies, and some critical points in globalization, leads to the transformation of business in the Connected Cars Insurance Market across the extensive corporate landscape.
How is the competitive landscape for the Connected Cars Insurance Market defined?
Companies in the Connected Cars Insurance Industry are thoroughly researched and profiled in order to determine why certain trends will have a significant impact and how they will be factored into the Connected Cars Insurance Market's trajectory and future outlook.