Tag: Insurance Telematics Market Trend
-
Insurance Telematics Market Set to Skyrocket to USD 20.2 Billion by 2032, Driven by Advancements in Connected Car Technology and Driver Behavior Insights
What is Insurance Telematics? Insurance telematics market refers to the use of technology to collect and analyze driving data, enabling insurers to track and evaluate driver behavior in real-time. Using devices such as telematics boxes or smartphone apps, insurers can monitor key driving metrics like speed, braking, acceleration, and trip durations, helping them develop personalized…