Market Data

Visiongain Forecasts UBI Market at 33M Policyholders in 2016 - 05/18/2016

Usage-Based Insurance (UBI), also known as telematics-based insurance, is increasingly being adopted worldwide, according to a new report by Visiongain. According to the research firm, UBI will account for 33 million policyholders in 2016, a...

Commercial Fleet Tracking to Reach 7.9M Across Russia/CIS Eastern Europe by 2020 - 03/31/2016

In a new research Swedish firm Berg insight forecast that the installed base of fleet management systems in Russia/CIS and Eastern Europe will reach 7.9 million by 2020. These fleets are growing at a compound annual growth rate (CAGR) of 13.5...

FMS to Reach 1.5M Vehicles in South Africa by 2020 - 01/05/2016

The number of active fleet management systems deployed in commercial vehicle fleets in South Africa was 0.9 million at the end of 2015, according to a new report from Swedish market research firm Berg Insight. Growing at a compound annual growth...

Carsharing: 26M Users Worldwide in 2020 - 11/26/2015

Two reports from market research firms Berg Insight and Frost and Sullivan published coincidentally today are both forecasting 26 million users of carsharing services worldwide in 2020. According to Berg Insight, the number of users has grown from...

15% Annual Growth for Telematics Fleet Tracking in Europe - 11/18/2015

Swedish market research firm Berg insight published yesterday their annual report on fleet management systems in Europe, reporting that the number of active fleet management systems deployed in commercial vehicle fleets in Europe is expected to...

U.S. Location-Based Ad Spend to Grow to $11.3B in 2016 - 11/12/2015

In its newly released U.S. Local Advertising Forecast 2016, market research firm BIA/Kelsey projects that location-targeted mobile ad spending will grow from $8.4 billion in 2015 to $11.3 billion in 2016. Overall Kelsey projects total local...

Trailers & Containers Tracking to Reach 5.8M Units by 2019 - 11/11/2015

The installed base of active tracking devices deployed in cargo loading units including trailers, intermodal containers, air cargo containers, cargo boxes and pallets reached 1.8 million worldwide in 2014, according to research firm Berg Insight....

Wi-Fi Indoor Location in Retail Might Reach $2.5 Billion by 2020 - 10/29/2015

Wi-Fi indoor location application revenues will reach $2.5 billion by 2020, according to ABI Research's latest report. This report considers the use of Wi-Fi indoor location in retail and public venues. precarious position "Wi-Fi, as an indoor...

IHS: “3D Compass Penetration High in Mid-Range Smartphones and Saturated in High-End” - 10/27/2015

In 2008 a three-axis compass was priced at around $1.40; today, the price of a magnetometer used in a GPS-enabled mobile phone at large volume OEMs is already under $0.20 and is set to fall even further over the next five years, explained market...

RAC Estimates 38% British Business Fleets Use Telematics - 10/20/2015

38 percent of company fleets in the United Kingdom are using telematics, according to a research by 3GEM Research and commissioned by the business arm of British motorist association RAC among 500 UK business decision-makers. The research was...

ABI Research Forecasts 73M Telematics-Enabled Commercial Vehicles by 2020 - 10/19/2015

The commercial telematics industry is set for very strong growth in the next five years, according to ABI Research that forecasts a penetration in 73 million vehicles by 2020. Nowadays the biggest players on the market are targeting 1 million...

Canadians Skeptical About the Benefits of Usage-Based Insurance - 10/01/2015

Insurance company Allstate polled 1,456 Canadian in August to learn about their views on insurance telematics. The survey found that Canadians are quite skeptical about how a UBI program could benefit them. Only 41 per cent felt the biggest...
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