Usage-Based Insurance for Automotive Industry Expected to Reach USD 570.44 Billion by 2034
The global usage-based insurance (UBI) for automotive market, valued at USD 74.42 billion in 2024, is on a trajectory for exponential growth. The market is expected to reach USD 91.16 billion by 2025 and is projected to hit an astounding USD 570.44 billion by 2034, exhibiting a remarkable Compound Annual Growth Rate (CAGR) of 22.6% during the fore