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Global Commercial Usage-Based Insurance (UBI) Market Research Report 2025

Industry: Service & Software

Published Date: 2025-08-29

Pages: 116 Pages

Report ld: 4941198

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Related Reports
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Commercial Usage-Based Insurance (UBI) Market Size(US$)

CAGR 2025-2031

20.3%

Market Size,2031

USD 30,389

Million

Market Snapshot

Market Size in 2025 (Value)

US$ 10,016 million

Market Forecast in 2031(Value)

US$ 30,389 million

CAGR

20.3%

Years Considered

2020-2031

Base Year

2025

Forecast Period

2025-2031

Source: Secondary research, interviews with experts, and QYResearch analysis

The global market for Commercial Usage-Based Insurance (UBI) was valued at US$ 8324 million in the year 2024 and is projected to reach a revised size of US$ 30389 million by 2031, growing at a CAGR of 20.3% during the forecast period.

In 2024, the global Commercial Usage-Based Insurance (UBI) market size will reach US$8.324 billion, with an average minimum service fee of US$1714.28 per year. Commercial Usage-Based Insurance (UBI) is a differentiated pricing model based on actual vehicle usage and operational data. Its core approach is to collect real-time data on commercial vehicles, including mileage, driving habits (such as sudden acceleration, braking, and speeding), driving time, route, and load, through connected vehicles, OBD (on-board diagnostics), GPS, and other devices. This data is combined with vehicle information (model and age) and environmental factors (weather and road conditions) to construct a multi-dimensional risk model encompassing "people, vehicles, roads, and cargo." This model provides personalized insurance services for commercial fleets and individual vehicle owners. The theoretical premium scale of the existing commercial vehicle market is significantly different from actual premium income, suggesting significant potential for future growth in the commercial vehicle insurance market. The upstream industry chain includes hardware suppliers and data service providers. OBD equipment companies include Shenzhen Deren Electronic Co., Ltd., United Electronics Co., Ltd., Queclink, Launch Tech Company Limited, and Shenzhen Jimi IOT Co., Ltd. Downstream, third-party auto insurance platforms, such as Okchexian, are also involved. Insurance companies are implementing premium inquiries and claims filing through apps and mini-programs, making convenience a key priority.

With the surge in the number of new energy vehicles, new energy vehicle insurance offers a vast market potential and broad prospects. However, this sector currently faces numerous challenges, and the traditional insurance profit model is no longer adequate. Against this backdrop, new energy vehicle insurance requires new models and approaches to support sustainable development. New energy vehicle companies interested in providing full-lifecycle vehicle services are beginning to enter the insurance industry. Since most new energy vehicles feature intelligent driving capabilities and various sensors that can record road conditions and driver behavior, they provide a fertile ground for UBI (usage-based insurance). UBI auto insurance can be understood as a type of insurance based on driving behavior. It integrates data on a driver's driving habits, driving skills, vehicle information, and surrounding environment through connected devices such as the Internet of Vehicles (IoV), smartphones, and OBD (on-board diagnostics) to establish a multi-dimensional model of driver, vehicle, and road (environment) for pricing. Traditional auto insurance relies on insurance companies setting universal premiums based on historical accident data. This formula disregards differences in driving habits, vehicle conditions, and road conditions; everyone pays the same premium. UBI insurance leverages the inherent advantages of vehicle manufacturers in data collection. OEMs can directly collect driving behavior and mileage data through onboard sensors and safety scoring systems, enabling more precise risk control during the policyholder screening and premium setting stages. Traditional insurance companies are unable to do this.

Obstacles to the development of UBI products in China: 1) A lack of sufficient driving behavior data in the early stages of development impacted the profitability of auto insurance companies, especially during the comprehensive reform of auto insurance, where regulators, concerned about systemic risks in the insurance industry, were more cautious in administrative approvals. 2) While Chinese auto insurance customers are more receptive to discounts obtained through open data, the lack of legislative requirements for the installation of in-vehicle devices has limited data sources, and data sharing has hindered the current limited adoption of UBI products. 3) During the development of UBI products, the investment in promoting smart hardware devices is high, and there are disputes over cost sharing. 4) There are significant difficulties in using relevant data for analysis and pricing.

This report aims to provide a comprehensive presentation of the global market for Commercial Usage-Based Insurance (UBI), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Commercial Usage-Based Insurance (UBI).

The Commercial Usage-Based Insurance (UBI) market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Commercial Usage-Based Insurance (UBI) market comprehensively. Regional market sizes, concerning products by Type, by Application, by Commercial Mode and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Commercial Usage-Based Insurance (UBI) companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

MARKET SEGMENTATION

By Company

Progressive Snapshot
Root Insurance
Nationwide
Geico DriveEasy
Allstate Drivewise
Metromile (Lemonade)
State Farm
Insure The Box
Tesla Insurance
Aioi Nissay Dowa Insurance
Octo Telematics
Travellers
Liberty Mutual
Modus Group
Cambridge Mobile Telematics (Amodo)
China Pacific Insurance(group)Co.,Ltd.
Ping An Insurance（Group）Company of China, Ltd.
China Life Property & Casualty Insurance Co., Ltd
Urtrust Insurance Co.,LTD.
Guangzhou Xiaopeng Automotive Insurance
Beijing Ideal Insurance Brokerage Co., Ltd.
NIO Insurance Broker Co., Ltd.
Shenzhen BYD Property&Casualty Insurance. Co., Ltd.
Shenzhen Dingran Information Technologies Co., Ltd.
Sunshine Insurance Group Company Limited
ZhongAn Online P&C Insurance Co., Ltd.
People's Insurance Company of China
Shenzhen Guanglian Saixun Co.,Ltd.

Consumption by Region

North America
- United States
- Canada
Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
Latin America
- Mexico
- Brazil
- Rest of Latin America
Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA

Segment by Type

Pay-Per-Mile
Pay-As-You-Drive
Pay-As-You-Go

Segment by Application

Small Fleet (2-5 Vehicles)
Large Fleet

Segment by Category

UBI
OBD+UBI

biaoTi CHAPTER OUTLINE

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, by Commercial Mode etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Commercial Usage-Based Insurance (UBI) company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 12: The main points and conclusions of the report.

biaoTi QYRESEARCH'S STRENGTHS

Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:

Market entry risks/opportunities by region

We identify regional market threats and growth prospects to guide your overseas layout.

Product mix optimization based on local practices

We adjust product portfolios in line with local consumption habits.

Competitor tactics in fragmented vs. consolidated markets

We unpack rivals’ operation strategies for scattered and highly concentrated industries.

Full Research Coverage

We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.

19 Years Industry Expertise

We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.

24/7 Fast Report Delivery

Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.

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We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.

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All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.

Market entry risks/opportunities by region

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TABLE OF CONTENTS

1 Report Overview

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Commercial Usage-Based Insurance (UBI) Market Size Growth Rate by Type: 2020 VS 2024 VS 2031

1.2.2 Pay-Per-Mile

1.2.3 Pay-As-You-Drive

1.2.4 Pay-As-You-Go

1.3 Market by Commercial Mode

1.3.1 Global Commercial Usage-Based Insurance (UBI) Market Size Growth Rate by Commercial Mode: 2020 VS 2024 VS 2031

1.3.2 UBI

1.3.3 OBD+UBI

1.4 Market by Application

1.4.1 Global Commercial Usage-Based Insurance (UBI) Market Growth by Application: 2020 VS 2024 VS 2031

1.4.2 Small Fleet (2-5 Vehicles)

1.4.3 Large Fleet

1.5 Assumptions and Limitations

1.6 Study Objectives

1.7 Years Considered

2 Global Growth Trends

2.1 Global Commercial Usage-Based Insurance (UBI) Market Perspective (2020-2031)

2.2 Global Commercial Usage-Based Insurance (UBI) Growth Trends by Region

2.2.1 Global Commercial Usage-Based Insurance (UBI) Market Size by Region: 2020 VS 2024 VS 2031

2.2.2 Commercial Usage-Based Insurance (UBI) Historic Market Size by Region (2020-2025)

2.2.3 Commercial Usage-Based Insurance (UBI) Forecasted Market Size by Region (2026-2031)

2.3 Commercial Usage-Based Insurance (UBI) Market Dynamics

2.3.1 Commercial Usage-Based Insurance (UBI) Industry Trends

2.3.2 Commercial Usage-Based Insurance (UBI) Market Drivers

2.3.3 Commercial Usage-Based Insurance (UBI) Market Challenges

2.3.4 Commercial Usage-Based Insurance (UBI) Market Restraints

3 Competition Landscape by Key Players

3.1 Global Top Commercial Usage-Based Insurance (UBI) Players by Revenue

3.1.1 Global Top Commercial Usage-Based Insurance (UBI) Players by Revenue (2020-2025)

3.1.2 Global Commercial Usage-Based Insurance (UBI) Revenue Market Share by Players (2020-2025)

3.2 Global Top Commercial Usage-Based Insurance (UBI) Players by Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Global Key Players Ranking by Commercial Usage-Based Insurance (UBI) Revenue

3.4 Global Commercial Usage-Based Insurance (UBI) Market Concentration Ratio

3.4.1 Global Commercial Usage-Based Insurance (UBI) Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Commercial Usage-Based Insurance (UBI) Revenue in 2024

3.5 Global Key Players of Commercial Usage-Based Insurance (UBI) Head office and Area Served

3.6 Global Key Players of Commercial Usage-Based Insurance (UBI), Product and Application

3.7 Global Key Players of Commercial Usage-Based Insurance (UBI), Date of Enter into This Industry

3.8 Mergers & Acquisitions, Expansion Plans

4 Commercial Usage-Based Insurance (UBI) Breakdown Data by Type

4.1 Global Commercial Usage-Based Insurance (UBI) Historic Market Size by Type (2020-2025)

4.2 Global Commercial Usage-Based Insurance (UBI) Forecasted Market Size by Type (2026-2031)

5 Commercial Usage-Based Insurance (UBI) Breakdown Data by Application

5.1 Global Commercial Usage-Based Insurance (UBI) Historic Market Size by Application (2020-2025)

5.2 Global Commercial Usage-Based Insurance (UBI) Forecasted Market Size by Application (2026-2031)

6 North America

6.1 North America Commercial Usage-Based Insurance (UBI) Market Size (2020-2031)

6.2 North America Commercial Usage-Based Insurance (UBI) Market Growth Rate by Country: 2020 VS 2024 VS 2031

6.3 North America Commercial Usage-Based Insurance (UBI) Market Size by Country (2020-2025)

6.4 North America Commercial Usage-Based Insurance (UBI) Market Size by Country (2026-2031)

6.5 United States

6.6 Canada

7 Europe

7.1 Europe Commercial Usage-Based Insurance (UBI) Market Size (2020-2031)

7.2 Europe Commercial Usage-Based Insurance (UBI) Market Growth Rate by Country: 2020 VS 2024 VS 2031

7.3 Europe Commercial Usage-Based Insurance (UBI) Market Size by Country (2020-2025)

7.4 Europe Commercial Usage-Based Insurance (UBI) Market Size by Country (2026-2031)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Ireland

8 Asia-Pacific

8.1 Asia-Pacific Commercial Usage-Based Insurance (UBI) Market Size (2020-2031)

8.2 Asia-Pacific Commercial Usage-Based Insurance (UBI) Market Growth Rate by Region: 2020 VS 2024 VS 2031

8.3 Asia-Pacific Commercial Usage-Based Insurance (UBI) Market Size by Region (2020-2025)

8.4 Asia-Pacific Commercial Usage-Based Insurance (UBI) Market Size by Region (2026-2031)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia & New Zealand

9 Latin America

9.1 Latin America Commercial Usage-Based Insurance (UBI) Market Size (2020-2031)

9.2 Latin America Commercial Usage-Based Insurance (UBI) Market Growth Rate by Country: 2020 VS 2024 VS 2031

9.3 Latin America Commercial Usage-Based Insurance (UBI) Market Size by Country (2020-2025)

9.4 Latin America Commercial Usage-Based Insurance (UBI) Market Size by Country (2026-2031)

9.5 Mexico

9.6 Brazil

10 Middle East & Africa

10.1 Middle East & Africa Commercial Usage-Based Insurance (UBI) Market Size (2020-2031)

10.2 Middle East & Africa Commercial Usage-Based Insurance (UBI) Market Growth Rate by Country: 2020 VS 2024 VS 2031

10.3 Middle East & Africa Commercial Usage-Based Insurance (UBI) Market Size by Country (2020-2025)

10.4 Middle East & Africa Commercial Usage-Based Insurance (UBI) Market Size by Country (2026-2031)

10.5 Israel

10.6 Saudi Arabia

10.7 UAE

11 Key Players Profiles

11.1 Progressive Snapshot

11.1.1 Progressive Snapshot Company Details

11.1.2 Progressive Snapshot Business Overview

11.1.3 Progressive Snapshot Commercial Usage-Based Insurance (UBI) Introduction

11.1.4 Progressive Snapshot Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

11.1.5 Progressive Snapshot Recent Development

11.2 Root Insurance

11.2.1 Root Insurance Company Details

11.2.2 Root Insurance Business Overview

11.2.3 Root Insurance Commercial Usage-Based Insurance (UBI) Introduction

11.2.4 Root Insurance Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

11.2.5 Root Insurance Recent Development

11.3 Nationwide

11.3.1 Nationwide Company Details

11.3.2 Nationwide Business Overview

11.3.3 Nationwide Commercial Usage-Based Insurance (UBI) Introduction

11.3.4 Nationwide Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

11.3.5 Nationwide Recent Development

11.4 Geico DriveEasy

11.4.1 Geico DriveEasy Company Details

11.4.2 Geico DriveEasy Business Overview

11.4.3 Geico DriveEasy Commercial Usage-Based Insurance (UBI) Introduction

11.4.4 Geico DriveEasy Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

11.4.5 Geico DriveEasy Recent Development

11.5 Allstate Drivewise

11.5.1 Allstate Drivewise Company Details

11.5.2 Allstate Drivewise Business Overview

11.5.3 Allstate Drivewise Commercial Usage-Based Insurance (UBI) Introduction

11.5.4 Allstate Drivewise Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

11.5.5 Allstate Drivewise Recent Development

11.6 Metromile (Lemonade)

11.6.1 Metromile (Lemonade) Company Details

11.6.2 Metromile (Lemonade) Business Overview

11.6.3 Metromile (Lemonade) Commercial Usage-Based Insurance (UBI) Introduction

11.6.4 Metromile (Lemonade) Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

11.6.5 Metromile (Lemonade) Recent Development

11.7 State Farm

11.7.1 State Farm Company Details

11.7.2 State Farm Business Overview

11.7.3 State Farm Commercial Usage-Based Insurance (UBI) Introduction

11.7.4 State Farm Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

11.7.5 State Farm Recent Development

11.8 Insure The Box

11.8.1 Insure The Box Company Details

11.8.2 Insure The Box Business Overview

11.8.3 Insure The Box Commercial Usage-Based Insurance (UBI) Introduction

11.8.4 Insure The Box Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

11.8.5 Insure The Box Recent Development

11.9 Tesla Insurance

11.9.1 Tesla Insurance Company Details

11.9.2 Tesla Insurance Business Overview

11.9.3 Tesla Insurance Commercial Usage-Based Insurance (UBI) Introduction

11.9.4 Tesla Insurance Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

11.9.5 Tesla Insurance Recent Development

11.10 Aioi Nissay Dowa Insurance

11.10.1 Aioi Nissay Dowa Insurance Company Details

11.10.2 Aioi Nissay Dowa Insurance Business Overview

11.10.3 Aioi Nissay Dowa Insurance Commercial Usage-Based Insurance (UBI) Introduction

11.10.4 Aioi Nissay Dowa Insurance Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

11.10.5 Aioi Nissay Dowa Insurance Recent Development

11.11 Octo Telematics

11.11.1 Octo Telematics Company Details

11.11.2 Octo Telematics Business Overview

11.11.3 Octo Telematics Commercial Usage-Based Insurance (UBI) Introduction

11.11.4 Octo Telematics Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

11.11.5 Octo Telematics Recent Development

11.12 Travellers

11.12.1 Travellers Company Details

11.12.2 Travellers Business Overview

11.12.3 Travellers Commercial Usage-Based Insurance (UBI) Introduction

11.12.4 Travellers Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

11.12.5 Travellers Recent Development

11.13 Liberty Mutual

11.13.1 Liberty Mutual Company Details

11.13.2 Liberty Mutual Business Overview

11.13.3 Liberty Mutual Commercial Usage-Based Insurance (UBI) Introduction

11.13.4 Liberty Mutual Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

11.13.5 Liberty Mutual Recent Development

11.14 Modus Group

11.14.1 Modus Group Company Details

11.14.2 Modus Group Business Overview

11.14.3 Modus Group Commercial Usage-Based Insurance (UBI) Introduction

11.14.4 Modus Group Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

11.14.5 Modus Group Recent Development

11.15 Cambridge Mobile Telematics (Amodo)

11.15.1 Cambridge Mobile Telematics (Amodo) Company Details

11.15.2 Cambridge Mobile Telematics (Amodo) Business Overview

11.15.3 Cambridge Mobile Telematics (Amodo) Commercial Usage-Based Insurance (UBI) Introduction

11.15.4 Cambridge Mobile Telematics (Amodo) Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

11.15.5 Cambridge Mobile Telematics (Amodo) Recent Development

11.16 China Pacific Insurance(group)Co.,Ltd.

11.16.1 China Pacific Insurance(group)Co.,Ltd. Company Details

11.16.2 China Pacific Insurance(group)Co.,Ltd. Business Overview

11.16.3 China Pacific Insurance(group)Co.,Ltd. Commercial Usage-Based Insurance (UBI) Introduction

11.16.4 China Pacific Insurance(group)Co.,Ltd. Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

11.16.5 China Pacific Insurance(group)Co.,Ltd. Recent Development

11.17 Ping An Insurance（Group）Company of China, Ltd.

11.17.1 Ping An Insurance（Group）Company of China, Ltd. Company Details

11.17.2 Ping An Insurance（Group）Company of China, Ltd. Business Overview

11.17.3 Ping An Insurance（Group）Company of China, Ltd. Commercial Usage-Based Insurance (UBI) Introduction

11.17.4 Ping An Insurance（Group）Company of China, Ltd. Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

11.17.5 Ping An Insurance（Group）Company of China, Ltd. Recent Development

11.18 China Life Property & Casualty Insurance Co., Ltd

11.18.1 China Life Property & Casualty Insurance Co., Ltd Company Details

11.18.2 China Life Property & Casualty Insurance Co., Ltd Business Overview

11.18.3 China Life Property & Casualty Insurance Co., Ltd Commercial Usage-Based Insurance (UBI) Introduction

11.18.4 China Life Property & Casualty Insurance Co., Ltd Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

11.18.5 China Life Property & Casualty Insurance Co., Ltd Recent Development

11.19 Urtrust Insurance Co.,LTD.

11.19.1 Urtrust Insurance Co.,LTD. Company Details

11.19.2 Urtrust Insurance Co.,LTD. Business Overview

11.19.3 Urtrust Insurance Co.,LTD. Commercial Usage-Based Insurance (UBI) Introduction

11.19.4 Urtrust Insurance Co.,LTD. Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

11.19.5 Urtrust Insurance Co.,LTD. Recent Development

11.20 Guangzhou Xiaopeng Automotive Insurance

11.20.1 Guangzhou Xiaopeng Automotive Insurance Company Details

11.20.2 Guangzhou Xiaopeng Automotive Insurance Business Overview

11.20.3 Guangzhou Xiaopeng Automotive Insurance Commercial Usage-Based Insurance (UBI) Introduction

11.20.4 Guangzhou Xiaopeng Automotive Insurance Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

11.20.5 Guangzhou Xiaopeng Automotive Insurance Recent Development

11.21 Beijing Ideal Insurance Brokerage Co., Ltd.

11.21.1 Beijing Ideal Insurance Brokerage Co., Ltd. Company Details

11.21.2 Beijing Ideal Insurance Brokerage Co., Ltd. Business Overview

11.21.3 Beijing Ideal Insurance Brokerage Co., Ltd. Commercial Usage-Based Insurance (UBI) Introduction

11.21.4 Beijing Ideal Insurance Brokerage Co., Ltd. Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

11.21.5 Beijing Ideal Insurance Brokerage Co., Ltd. Recent Development

11.22 NIO Insurance Broker Co., Ltd.

11.22.1 NIO Insurance Broker Co., Ltd. Company Details

11.22.2 NIO Insurance Broker Co., Ltd. Business Overview

11.22.3 NIO Insurance Broker Co., Ltd. Commercial Usage-Based Insurance (UBI) Introduction

11.22.4 NIO Insurance Broker Co., Ltd. Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

11.22.5 NIO Insurance Broker Co., Ltd. Recent Development

11.23 Shenzhen BYD Property&Casualty Insurance. Co., Ltd.

11.23.1 Shenzhen BYD Property&Casualty Insurance. Co., Ltd. Company Details

11.23.2 Shenzhen BYD Property&Casualty Insurance. Co., Ltd. Business Overview

11.23.3 Shenzhen BYD Property&Casualty Insurance. Co., Ltd. Commercial Usage-Based Insurance (UBI) Introduction

11.23.4 Shenzhen BYD Property&Casualty Insurance. Co., Ltd. Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

11.23.5 Shenzhen BYD Property&Casualty Insurance. Co., Ltd. Recent Development

11.24 Shenzhen Dingran Information Technologies Co., Ltd.

11.24.1 Shenzhen Dingran Information Technologies Co., Ltd. Company Details

11.24.2 Shenzhen Dingran Information Technologies Co., Ltd. Business Overview

11.24.3 Shenzhen Dingran Information Technologies Co., Ltd. Commercial Usage-Based Insurance (UBI) Introduction

11.24.4 Shenzhen Dingran Information Technologies Co., Ltd. Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

11.24.5 Shenzhen Dingran Information Technologies Co., Ltd. Recent Development

11.25 Sunshine Insurance Group Company Limited

11.25.1 Sunshine Insurance Group Company Limited Company Details

11.25.2 Sunshine Insurance Group Company Limited Business Overview

11.25.3 Sunshine Insurance Group Company Limited Commercial Usage-Based Insurance (UBI) Introduction

11.25.4 Sunshine Insurance Group Company Limited Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

11.25.5 Sunshine Insurance Group Company Limited Recent Development

11.26 ZhongAn Online P&C Insurance Co., Ltd.

11.26.1 ZhongAn Online P&C Insurance Co., Ltd. Company Details

11.26.2 ZhongAn Online P&C Insurance Co., Ltd. Business Overview

11.26.3 ZhongAn Online P&C Insurance Co., Ltd. Commercial Usage-Based Insurance (UBI) Introduction

11.26.4 ZhongAn Online P&C Insurance Co., Ltd. Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

11.26.5 ZhongAn Online P&C Insurance Co., Ltd. Recent Development

11.27 People's Insurance Company of China

11.27.1 People's Insurance Company of China Company Details

11.27.2 People's Insurance Company of China Business Overview

11.27.3 People's Insurance Company of China Commercial Usage-Based Insurance (UBI) Introduction

11.27.4 People's Insurance Company of China Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

11.27.5 People's Insurance Company of China Recent Development

11.28 Shenzhen Guanglian Saixun Co.,Ltd.

11.28.1 Shenzhen Guanglian Saixun Co.,Ltd. Company Details

11.28.2 Shenzhen Guanglian Saixun Co.,Ltd. Business Overview

11.28.3 Shenzhen Guanglian Saixun Co.,Ltd. Commercial Usage-Based Insurance (UBI) Introduction

11.28.4 Shenzhen Guanglian Saixun Co.,Ltd. Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

11.28.5 Shenzhen Guanglian Saixun Co.,Ltd. Recent Development

12 Analyst's Viewpoints/Conclusions

13 Appendix

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.1.1 Research Programs/Design

13.1.1.2 Market Size Estimation

13.1.1.3 Market Breakdown and Data Triangulation

13.1.2 Data Source

13.1.2.1 Secondary Sources

13.1.2.2 Primary Sources

13.2 Author Details

13.3 Disclaimer

TABLE OF FIGURES

List of Tables

Table 1. Global Commercial Usage-Based Insurance (UBI) Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031

Table 2. Key Players of Pay-Per-Mile

Table 3. Key Players of Pay-As-You-Drive

Table 4. Key Players of Pay-As-You-Go

Table 5. Global Commercial Usage-Based Insurance (UBI) Market Size Growth Rate by Commercial Mode (US$ Million): 2020 VS 2024 VS 2031

Table 6. Key Players of UBI

Table 7. Key Players of OBD+UBI

Table 8. Global Commercial Usage-Based Insurance (UBI) Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031

Table 9. Global Commercial Usage-Based Insurance (UBI) Market Size by Region (US$ Million): 2020 VS 2024 VS 2031

Table 10. Global Commercial Usage-Based Insurance (UBI) Market Size by Region (2020-2025) & (US$ Million)

Table 11. Global Commercial Usage-Based Insurance (UBI) Market Share by Region (2020-2025)

Table 12. Global Commercial Usage-Based Insurance (UBI) Forecasted Market Size by Region (2026-2031) & (US$ Million)

Table 13. Global Commercial Usage-Based Insurance (UBI) Market Share by Region (2026-2031)

Table 14. Commercial Usage-Based Insurance (UBI) Market Trends

Table 15. Commercial Usage-Based Insurance (UBI) Market Drivers

Table 16. Commercial Usage-Based Insurance (UBI) Market Challenges

Table 17. Commercial Usage-Based Insurance (UBI) Market Restraints

Table 18. Global Commercial Usage-Based Insurance (UBI) Revenue by Players (2020-2025) & (US$ Million)

Table 19. Global Commercial Usage-Based Insurance (UBI) Market Share by Players (2020-2025)

Table 20. Global Top Commercial Usage-Based Insurance (UBI) Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Commercial Usage-Based Insurance (UBI) as of 2024)

Table 21. Ranking of Global Top Commercial Usage-Based Insurance (UBI) Companies by Revenue (US$ Million) in 2024

Table 22. Global 5 Largest Players Market Share by Commercial Usage-Based Insurance (UBI) Revenue (CR5 and HHI) & (2020-2025)

Table 23. Global Key Players of Commercial Usage-Based Insurance (UBI), Headquarters and Area Served

Table 24. Global Key Players of Commercial Usage-Based Insurance (UBI), Product and Application

Table 25. Global Key Players of Commercial Usage-Based Insurance (UBI), Date of Enter into This Industry

Table 26. Mergers & Acquisitions, Expansion Plans

Table 27. Global Commercial Usage-Based Insurance (UBI) Market Size by Type (2020-2025) & (US$ Million)

Table 28. Global Commercial Usage-Based Insurance (UBI) Revenue Market Share by Type (2020-2025)

Table 29. Global Commercial Usage-Based Insurance (UBI) Forecasted Market Size by Type (2026-2031) & (US$ Million)

Table 30. Global Commercial Usage-Based Insurance (UBI) Revenue Market Share by Type (2026-2031)

Table 31. Global Commercial Usage-Based Insurance (UBI) Market Size by Application (2020-2025) & (US$ Million)

Table 32. Global Commercial Usage-Based Insurance (UBI) Revenue Market Share by Application (2020-2025)

Table 33. Global Commercial Usage-Based Insurance (UBI) Forecasted Market Size by Application (2026-2031) & (US$ Million)

Table 34. Global Commercial Usage-Based Insurance (UBI) Revenue Market Share by Application (2026-2031)

Table 35. North America Commercial Usage-Based Insurance (UBI) Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 36. North America Commercial Usage-Based Insurance (UBI) Market Size by Country (2020-2025) & (US$ Million)

Table 37. North America Commercial Usage-Based Insurance (UBI) Market Size by Country (2026-2031) & (US$ Million)

Table 38. Europe Commercial Usage-Based Insurance (UBI) Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 39. Europe Commercial Usage-Based Insurance (UBI) Market Size by Country (2020-2025) & (US$ Million)

Table 40. Europe Commercial Usage-Based Insurance (UBI) Market Size by Country (2026-2031) & (US$ Million)

Table 41. Asia-Pacific Commercial Usage-Based Insurance (UBI) Market Size Growth Rate by Region (US$ Million): 2020 VS 2024 VS 2031

Table 42. Asia-Pacific Commercial Usage-Based Insurance (UBI) Market Size by Region (2020-2025) & (US$ Million)

Table 43. Asia-Pacific Commercial Usage-Based Insurance (UBI) Market Size by Region (2026-2031) & (US$ Million)

Table 44. Latin America Commercial Usage-Based Insurance (UBI) Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 45. Latin America Commercial Usage-Based Insurance (UBI) Market Size by Country (2020-2025) & (US$ Million)

Table 46. Latin America Commercial Usage-Based Insurance (UBI) Market Size by Country (2026-2031) & (US$ Million)

Table 47. Middle East & Africa Commercial Usage-Based Insurance (UBI) Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 48. Middle East & Africa Commercial Usage-Based Insurance (UBI) Market Size by Country (2020-2025) & (US$ Million)

Table 49. Middle East & Africa Commercial Usage-Based Insurance (UBI) Market Size by Country (2026-2031) & (US$ Million)

Table 50. Progressive Snapshot Company Details

Table 51. Progressive Snapshot Business Overview

Table 52. Progressive Snapshot Commercial Usage-Based Insurance (UBI) Product

Table 53. Progressive Snapshot Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025) & (US$ Million)

Table 54. Progressive Snapshot Recent Development

Table 55. Root Insurance Company Details

Table 56. Root Insurance Business Overview

Table 57. Root Insurance Commercial Usage-Based Insurance (UBI) Product

Table 58. Root Insurance Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025) & (US$ Million)

Table 59. Root Insurance Recent Development

Table 60. Nationwide Company Details

Table 61. Nationwide Business Overview

Table 62. Nationwide Commercial Usage-Based Insurance (UBI) Product

Table 63. Nationwide Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025) & (US$ Million)

Table 64. Nationwide Recent Development

Table 65. Geico DriveEasy Company Details

Table 66. Geico DriveEasy Business Overview

Table 67. Geico DriveEasy Commercial Usage-Based Insurance (UBI) Product

Table 68. Geico DriveEasy Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025) & (US$ Million)

Table 69. Geico DriveEasy Recent Development

Table 70. Allstate Drivewise Company Details

Table 71. Allstate Drivewise Business Overview

Table 72. Allstate Drivewise Commercial Usage-Based Insurance (UBI) Product

Table 73. Allstate Drivewise Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025) & (US$ Million)

Table 74. Allstate Drivewise Recent Development

Table 75. Metromile (Lemonade) Company Details

Table 76. Metromile (Lemonade) Business Overview

Table 77. Metromile (Lemonade) Commercial Usage-Based Insurance (UBI) Product

Table 78. Metromile (Lemonade) Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025) & (US$ Million)

Table 79. Metromile (Lemonade) Recent Development

Table 80. State Farm Company Details

Table 81. State Farm Business Overview

Table 82. State Farm Commercial Usage-Based Insurance (UBI) Product

Table 83. State Farm Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025) & (US$ Million)

Table 84. State Farm Recent Development

Table 85. Insure The Box Company Details

Table 86. Insure The Box Business Overview

Table 87. Insure The Box Commercial Usage-Based Insurance (UBI) Product

Table 88. Insure The Box Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025) & (US$ Million)

Table 89. Insure The Box Recent Development

Table 90. Tesla Insurance Company Details

Table 91. Tesla Insurance Business Overview

Table 92. Tesla Insurance Commercial Usage-Based Insurance (UBI) Product

Table 93. Tesla Insurance Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025) & (US$ Million)

Table 94. Tesla Insurance Recent Development

Table 95. Aioi Nissay Dowa Insurance Company Details

Table 96. Aioi Nissay Dowa Insurance Business Overview

Table 97. Aioi Nissay Dowa Insurance Commercial Usage-Based Insurance (UBI) Product

Table 98. Aioi Nissay Dowa Insurance Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025) & (US$ Million)

Table 99. Aioi Nissay Dowa Insurance Recent Development

Table 100. Octo Telematics Company Details

Table 101. Octo Telematics Business Overview

Table 102. Octo Telematics Commercial Usage-Based Insurance (UBI) Product

Table 103. Octo Telematics Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025) & (US$ Million)

Table 104. Octo Telematics Recent Development

Table 105. Travellers Company Details

Table 106. Travellers Business Overview

Table 107. Travellers Commercial Usage-Based Insurance (UBI) Product

Table 108. Travellers Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025) & (US$ Million)

Table 109. Travellers Recent Development

Table 110. Liberty Mutual Company Details

Table 111. Liberty Mutual Business Overview

Table 112. Liberty Mutual Commercial Usage-Based Insurance (UBI) Product

Table 113. Liberty Mutual Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025) & (US$ Million)

Table 114. Liberty Mutual Recent Development

Table 115. Modus Group Company Details

Table 116. Modus Group Business Overview

Table 117. Modus Group Commercial Usage-Based Insurance (UBI) Product

Table 118. Modus Group Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025) & (US$ Million)

Table 119. Modus Group Recent Development

Table 120. Cambridge Mobile Telematics (Amodo) Company Details

Table 121. Cambridge Mobile Telematics (Amodo) Business Overview

Table 122. Cambridge Mobile Telematics (Amodo) Commercial Usage-Based Insurance (UBI) Product

Table 123. Cambridge Mobile Telematics (Amodo) Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025) & (US$ Million)

Table 124. Cambridge Mobile Telematics (Amodo) Recent Development

Table 125. China Pacific Insurance(group)Co.,Ltd. Company Details

Table 126. China Pacific Insurance(group)Co.,Ltd. Business Overview

Table 127. China Pacific Insurance(group)Co.,Ltd. Commercial Usage-Based Insurance (UBI) Product

Table 128. China Pacific Insurance(group)Co.,Ltd. Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025) & (US$ Million)

Table 129. China Pacific Insurance(group)Co.,Ltd. Recent Development

Table 130. Ping An Insurance（Group）Company of China, Ltd. Company Details

Table 131. Ping An Insurance（Group）Company of China, Ltd. Business Overview

Table 132. Ping An Insurance（Group）Company of China, Ltd. Commercial Usage-Based Insurance (UBI) Product

Table 133. Ping An Insurance（Group）Company of China, Ltd. Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025) & (US$ Million)

Table 134. Ping An Insurance（Group）Company of China, Ltd. Recent Development

Table 135. China Life Property & Casualty Insurance Co., Ltd Company Details

Table 136. China Life Property & Casualty Insurance Co., Ltd Business Overview

Table 137. China Life Property & Casualty Insurance Co., Ltd Commercial Usage-Based Insurance (UBI) Product

Table 138. China Life Property & Casualty Insurance Co., Ltd Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025) & (US$ Million)

Table 139. China Life Property & Casualty Insurance Co., Ltd Recent Development

Table 140. Urtrust Insurance Co.,LTD. Company Details

Table 141. Urtrust Insurance Co.,LTD. Business Overview

Table 142. Urtrust Insurance Co.,LTD. Commercial Usage-Based Insurance (UBI) Product

Table 143. Urtrust Insurance Co.,LTD. Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025) & (US$ Million)

Table 144. Urtrust Insurance Co.,LTD. Recent Development

Table 145. Guangzhou Xiaopeng Automotive Insurance Company Details

Table 146. Guangzhou Xiaopeng Automotive Insurance Business Overview

Table 147. Guangzhou Xiaopeng Automotive Insurance Commercial Usage-Based Insurance (UBI) Product

Table 148. Guangzhou Xiaopeng Automotive Insurance Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025) & (US$ Million)

Table 149. Guangzhou Xiaopeng Automotive Insurance Recent Development

Table 150. Beijing Ideal Insurance Brokerage Co., Ltd. Company Details

Table 151. Beijing Ideal Insurance Brokerage Co., Ltd. Business Overview

Table 152. Beijing Ideal Insurance Brokerage Co., Ltd. Commercial Usage-Based Insurance (UBI) Product

Table 153. Beijing Ideal Insurance Brokerage Co., Ltd. Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025) & (US$ Million)

Table 154. Beijing Ideal Insurance Brokerage Co., Ltd. Recent Development

Table 155. NIO Insurance Broker Co., Ltd. Company Details

Table 156. NIO Insurance Broker Co., Ltd. Business Overview

Table 157. NIO Insurance Broker Co., Ltd. Commercial Usage-Based Insurance (UBI) Product

Table 158. NIO Insurance Broker Co., Ltd. Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025) & (US$ Million)

Table 159. NIO Insurance Broker Co., Ltd. Recent Development

Table 160. Shenzhen BYD Property&Casualty Insurance. Co., Ltd. Company Details

Table 161. Shenzhen BYD Property&Casualty Insurance. Co., Ltd. Business Overview

Table 162. Shenzhen BYD Property&Casualty Insurance. Co., Ltd. Commercial Usage-Based Insurance (UBI) Product

Table 163. Shenzhen BYD Property&Casualty Insurance. Co., Ltd. Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025) & (US$ Million)

Table 164. Shenzhen BYD Property&Casualty Insurance. Co., Ltd. Recent Development

Table 165. Shenzhen Dingran Information Technologies Co., Ltd. Company Details

Table 166. Shenzhen Dingran Information Technologies Co., Ltd. Business Overview

Table 167. Shenzhen Dingran Information Technologies Co., Ltd. Commercial Usage-Based Insurance (UBI) Product

Table 168. Shenzhen Dingran Information Technologies Co., Ltd. Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025) & (US$ Million)

Table 169. Shenzhen Dingran Information Technologies Co., Ltd. Recent Development

Table 170. Sunshine Insurance Group Company Limited Company Details

Table 171. Sunshine Insurance Group Company Limited Business Overview

Table 172. Sunshine Insurance Group Company Limited Commercial Usage-Based Insurance (UBI) Product

Table 173. Sunshine Insurance Group Company Limited Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025) & (US$ Million)

Table 174. Sunshine Insurance Group Company Limited Recent Development

Table 175. ZhongAn Online P&C Insurance Co., Ltd. Company Details

Table 176. ZhongAn Online P&C Insurance Co., Ltd. Business Overview

Table 177. ZhongAn Online P&C Insurance Co., Ltd. Commercial Usage-Based Insurance (UBI) Product

Table 178. ZhongAn Online P&C Insurance Co., Ltd. Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025) & (US$ Million)

Table 179. ZhongAn Online P&C Insurance Co., Ltd. Recent Development

Table 180. People's Insurance Company of China Company Details

Table 181. People's Insurance Company of China Business Overview

Table 182. People's Insurance Company of China Commercial Usage-Based Insurance (UBI) Product

Table 183. People's Insurance Company of China Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025) & (US$ Million)

Table 184. People's Insurance Company of China Recent Development

Table 185. Shenzhen Guanglian Saixun Co.,Ltd. Company Details

Table 186. Shenzhen Guanglian Saixun Co.,Ltd. Business Overview

Table 187. Shenzhen Guanglian Saixun Co.,Ltd. Commercial Usage-Based Insurance (UBI) Product

Table 188. Shenzhen Guanglian Saixun Co.,Ltd. Revenue in Commercial Usage-Based Insurance (UBI) Business (2020-2025) & (US$ Million)

Table 189. Shenzhen Guanglian Saixun Co.,Ltd. Recent Development

Table 190. Research Programs/Design for This Report

Table 191. Key Data Information from Secondary Sources

Table 192. Key Data Information from Primary Sources

Table 193. Authors List of This Report

List of Figures

Figure 1. Commercial Usage-Based Insurance (UBI) Picture

Figure 2. Global Commercial Usage-Based Insurance (UBI) Market Size Comparison by Type (2020-2031) & (US$ Million)

Figure 3. Global Commercial Usage-Based Insurance (UBI) Market Share by Type: 2024 VS 2031

Figure 4. Pay-Per-Mile Features

Figure 5. Pay-As-You-Drive Features

Figure 6. Pay-As-You-Go Features

Figure 7. Global Commercial Usage-Based Insurance (UBI) Market Size Comparison by Commercial Mode (2020-2031) & (US$ Million)

Figure 8. UBI Features

Figure 9. OBD+UBI Features

Figure 10. Global Commercial Usage-Based Insurance (UBI) Market Size by Application (2020-2031) & (US$ Million)

Figure 11. Global Commercial Usage-Based Insurance (UBI) Market Share by Application: 2024 VS 2031

Figure 12. Small Fleet (2-5 Vehicles) Case Studies

Figure 13. Large Fleet Case Studies

Figure 14. Commercial Usage-Based Insurance (UBI) Report Years Considered

Figure 15. Global Commercial Usage-Based Insurance (UBI) Market Size (US$ Million), Year-over-Year: 2020-2031

Figure 16. Global Commercial Usage-Based Insurance (UBI) Market Size, (US$ Million), 2020 VS 2024 VS 2031

Figure 17. Global Commercial Usage-Based Insurance (UBI) Market Share by Region: 2024 VS 2031

Figure 18. Global Commercial Usage-Based Insurance (UBI) Market Share by Players in 2024

Figure 19. Global Commercial Usage-Based Insurance (UBI) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

Figure 20. The Top 10 and 5 Players Market Share by Commercial Usage-Based Insurance (UBI) Revenue in 2024

Figure 21. North America Commercial Usage-Based Insurance (UBI) Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 22. North America Commercial Usage-Based Insurance (UBI) Market Share by Country (2020-2031)

Figure 23. United States Commercial Usage-Based Insurance (UBI) Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 24. Canada Commercial Usage-Based Insurance (UBI) Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 25. Europe Commercial Usage-Based Insurance (UBI) Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 26. Europe Commercial Usage-Based Insurance (UBI) Market Share by Country (2020-2031)

Figure 27. Germany Commercial Usage-Based Insurance (UBI) Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 28. France Commercial Usage-Based Insurance (UBI) Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 29. U.K. Commercial Usage-Based Insurance (UBI) Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 30. Italy Commercial Usage-Based Insurance (UBI) Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 31. Russia Commercial Usage-Based Insurance (UBI) Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 32. Ireland Commercial Usage-Based Insurance (UBI) Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 33. Asia-Pacific Commercial Usage-Based Insurance (UBI) Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 34. Asia-Pacific Commercial Usage-Based Insurance (UBI) Market Share by Region (2020-2031)

Figure 35. China Commercial Usage-Based Insurance (UBI) Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 36. Japan Commercial Usage-Based Insurance (UBI) Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 37. South Korea Commercial Usage-Based Insurance (UBI) Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 38. Southeast Asia Commercial Usage-Based Insurance (UBI) Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 39. India Commercial Usage-Based Insurance (UBI) Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 40. Australia & New Zealand Commercial Usage-Based Insurance (UBI) Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 41. Latin America Commercial Usage-Based Insurance (UBI) Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 42. Latin America Commercial Usage-Based Insurance (UBI) Market Share by Country (2020-2031)

Figure 43. Mexico Commercial Usage-Based Insurance (UBI) Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 44. Brazil Commercial Usage-Based Insurance (UBI) Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 45. Middle East & Africa Commercial Usage-Based Insurance (UBI) Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 46. Middle East & Africa Commercial Usage-Based Insurance (UBI) Market Share by Country (2020-2031)

Figure 47. Israel Commercial Usage-Based Insurance (UBI) Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 48. Saudi Arabia Commercial Usage-Based Insurance (UBI) Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 49. UAE Commercial Usage-Based Insurance (UBI) Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 50. Progressive Snapshot Revenue Growth Rate in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

Figure 51. Root Insurance Revenue Growth Rate in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

Figure 52. Nationwide Revenue Growth Rate in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

Figure 53. Geico DriveEasy Revenue Growth Rate in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

Figure 54. Allstate Drivewise Revenue Growth Rate in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

Figure 55. Metromile (Lemonade) Revenue Growth Rate in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

Figure 56. State Farm Revenue Growth Rate in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

Figure 57. Insure The Box Revenue Growth Rate in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

Figure 58. Tesla Insurance Revenue Growth Rate in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

Figure 59. Aioi Nissay Dowa Insurance Revenue Growth Rate in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

Figure 60. Octo Telematics Revenue Growth Rate in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

Figure 61. Travellers Revenue Growth Rate in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

Figure 62. Liberty Mutual Revenue Growth Rate in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

Figure 63. Modus Group Revenue Growth Rate in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

Figure 64. Cambridge Mobile Telematics (Amodo) Revenue Growth Rate in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

Figure 65. China Pacific Insurance(group)Co.,Ltd. Revenue Growth Rate in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

Figure 66. Ping An Insurance（Group）Company of China, Ltd. Revenue Growth Rate in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

Figure 67. China Life Property & Casualty Insurance Co., Ltd Revenue Growth Rate in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

Figure 68. Urtrust Insurance Co.,LTD. Revenue Growth Rate in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

Figure 69. Guangzhou Xiaopeng Automotive Insurance Revenue Growth Rate in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

Figure 70. Beijing Ideal Insurance Brokerage Co., Ltd. Revenue Growth Rate in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

Figure 71. NIO Insurance Broker Co., Ltd. Revenue Growth Rate in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

Figure 72. Shenzhen BYD Property&Casualty Insurance. Co., Ltd. Revenue Growth Rate in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

Figure 73. Shenzhen Dingran Information Technologies Co., Ltd. Revenue Growth Rate in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

Figure 74. Sunshine Insurance Group Company Limited Revenue Growth Rate in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

Figure 75. ZhongAn Online P&C Insurance Co., Ltd. Revenue Growth Rate in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

Figure 76. People's Insurance Company of China Revenue Growth Rate in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

Figure 77. Shenzhen Guanglian Saixun Co.,Ltd. Revenue Growth Rate in Commercial Usage-Based Insurance (UBI) Business (2020-2025)

Figure 78. Bottom-up and Top-down Approaches for This Report

Figure 79. Data Triangulation

Figure 80. Key Executives Interviewed

KEY QUESTIONS ADDRESSED BY THE REPORT

Which companies rank high in the global Commercial Usage-Based Insurance (UBI) market? zhanKai

The top companies in the global Commercial Usage-Based Insurance (UBI) market are Progressive Snapshot、Root Insurance、Nationwide.

Which region is expected to have the highest market share? shouQi

What is the annual compound growth rate of the global Commercial Usage-Based Insurance (UBI) market size from 2025 to 2031? shouQi

What was the global market size of Commercial Usage-Based Insurance (UBI) in 2031? shouQi

What was the global market size of Commercial Usage-Based Insurance (UBI) in 2025? shouQi

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