How big is the North America Insurance Telematics Market?

The North America Insurance Telematics Market size is expected to reach 81.96 million active premiums in 2024 and grow at a CAGR of 29.10% to reach 294.21 million active premiums by 2029. Read More

What is the current North America Insurance Telematics Market size?

In 2024, the North America Insurance Telematics Market size is expected to reach 81.96 million active premiums. Read More

Who are the key players in North America Insurance Telematics Market?

Octo Telematics SpA, IMERTIK Global Inc., AXA SA, The Floow Limited and LexisNexis Risks Solutions (RELX Group) are the major companies operating in the North America Insurance Telematics Market. Read More

What years does this North America Insurance Telematics Market cover, and what was the market size in 2023?

In 2023, the North America Insurance Telematics Market size was estimated at 58.11 million active premiums. The report covers the North America Insurance Telematics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Insurance Telematics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

North America Insurance Telematics Market Share

Statistics for the 2023 & 2024 North America Insurance Telematics market share, created by Mordor Intelligence™ Industry Reports. North America Insurance Telematics share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of North America Insurance Telematics Industry

The North American insurance telematics market is fragmented, with major players like Octo Telematics SpA, IMERTIK Global Inc., AXA SA, The Floow Limited, and LexisNexis Risks Solutions (RELX Group). Market participants employ partnerships and acquisitions to improve their product offerings and secure a lasting competitive edge.

In October 2023 - OCTO Telematics announced a partnership with Flexcar, the smart alternative to car ownership, focused on adding OCTO’s connected vehicle capabilities to Flexcar’s fleet across the United States.
In October 2023 - PowerFleet Inc. intends to merge with MiX Telematics Ltd, a fleet management tech firm based in South Africa, creating a single company with a combined subscriber base of some 1.7 million users. The deal is expected to close in the first quarter of 2024, and the combined business will be branded as PowerFleet. Its primary listing will be on Nasdaq, and its headquarters will be in Woodcliff Lake, New Jersey.