ABI research News

CES Show Proves Drones Aren’t a Passing Fad

If you’re used to thinking of drones as a passing fad, last week’s CES gadget show should give you second thoughts. Tiny, self-piloted copters promise to buzzily follow you around like something out of a Neal Stephenson cyberpunk novel. New …

Continued Attacks to Drive Cyber Insurance Market by 2020

Risks to drive U.S. $10 billion cyber insurance market by 2020, according to ABI Research. Continued and sustained cyberattacks are having a ruinous effect on enterprises and driving up the cost of incident response. With over 900 million reported records …

Using Fleet Telematics to Improve Driver Safety

Long haul truck telematics have been around for a couple of decades but research suggests that adoption by other commercial vehicle sectors is expected to exceed that industry’s use by 2019, according to ABI Research. By then, more than 50 …

Global Insurance Telematics Subscriptions to Exceed 100M by 2018, Auto Insurance Faces Dramatic Changes

Global insurance telematics subscriptions are expected to grow 81 percent from 5.5 million at the end of 2013 to 107 million in 2018. “With Progressive’s Snapshot having attracted more than 1 million drivers in the U.S. and Octo Telematics already …

Study: Europe to Lead Insurance Telematics Market

The number of insurance telematics users in Europe will grow from 1.5 million in 2010 to 44 million in 2017, initially driven by the UK and Italy, according to ABI Research’s study, “Insurance Telematics.” Despite aggressive efforts from Progressive, North …

89 Million Insurance Telematics Subscribers Globally by 2017, Says ABI Research

The number of global insurance telematics users will grow at a CAGR of 90% from 1.85 million in 2010 to 89 million in 2017. Dominique Bonte, group director, telematics and navigation, comments, “While insurance telematics or usage based insurance (UBI) …