| Product Code: ETC5877589 | Publication Date: Nov 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Mongolia Usage-Based Insurance Market Overview |
3.1 Mongolia Country Macro Economic Indicators |
3.2 Mongolia Usage-Based Insurance Market Revenues & Volume, 2021 & 2031F |
3.3 Mongolia Usage-Based Insurance Market - Industry Life Cycle |
3.4 Mongolia Usage-Based Insurance Market - Porter's Five Forces |
3.5 Mongolia Usage-Based Insurance Market Revenues & Volume Share, By Package, 2021 & 2031F |
3.6 Mongolia Usage-Based Insurance Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Mongolia Usage-Based Insurance Market Revenues & Volume Share, By Vehicle Age, 2021 & 2031F |
4 Mongolia Usage-Based Insurance Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of telematics devices by consumers for monitoring driving behavior. |
4.2.2 Rising demand for personalized insurance premiums based on individual driving habits. |
4.2.3 Government initiatives to promote road safety and reduce accidents. |
4.3 Market Restraints |
4.3.1 Concerns over data privacy and security related to the collection of driving behavior data. |
4.3.2 Lack of awareness and understanding among consumers about usage-based insurance. |
4.3.3 Limited availability of telematics infrastructure and technology in some regions of Mongolia. |
5 Mongolia Usage-Based Insurance Market Trends |
6 Mongolia Usage-Based Insurance Market Segmentations |
6.1 Mongolia Usage-Based Insurance Market, By Package |
6.1.1 Overview and Analysis |
6.1.2 Mongolia Usage-Based Insurance Market Revenues & Volume, By PAYD, 2021-2031F |
6.1.3 Mongolia Usage-Based Insurance Market Revenues & Volume, By PHYD, 2021-2031F |
6.1.4 Mongolia Usage-Based Insurance Market Revenues & Volume, By MHYD, 2021-2031F |
6.2 Mongolia Usage-Based Insurance Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Mongolia Usage-Based Insurance Market Revenues & Volume, By OBD-II, 2021-2031F |
6.2.3 Mongolia Usage-Based Insurance Market Revenues & Volume, By Black box, 2021-2031F |
6.2.4 Mongolia Usage-Based Insurance Market Revenues & Volume, By Smartphone, 2021-2031F |
6.2.5 Mongolia Usage-Based Insurance Market Revenues & Volume, By Embedded, 2021-2031F |
6.3 Mongolia Usage-Based Insurance Market, By Vehicle Age |
6.3.1 Overview and Analysis |
6.3.2 Mongolia Usage-Based Insurance Market Revenues & Volume, By New, 2021-2031F |
6.3.3 Mongolia Usage-Based Insurance Market Revenues & Volume, By Old, 2021-2031F |
7 Mongolia Usage-Based Insurance Market Import-Export Trade Statistics |
7.1 Mongolia Usage-Based Insurance Market Export to Major Countries |
7.2 Mongolia Usage-Based Insurance Market Imports from Major Countries |
8 Mongolia Usage-Based Insurance Market Key Performance Indicators |
8.1 Average daily driving distance tracked per policyholder. |
8.2 Percentage of policyholders opting for usage-based insurance. |
8.3 Frequency of usage-based insurance policy renewals. |
8.4 Number of telematics devices installed in vehicles. |
8.5 Rate of claims reduction attributed to the usage-based insurance model. |
9 Mongolia Usage-Based Insurance Market - Opportunity Assessment |
9.1 Mongolia Usage-Based Insurance Market Opportunity Assessment, By Package, 2021 & 2031F |
9.2 Mongolia Usage-Based Insurance Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Mongolia Usage-Based Insurance Market Opportunity Assessment, By Vehicle Age, 2021 & 2031F |
10 Mongolia Usage-Based Insurance Market - Competitive Landscape |
10.1 Mongolia Usage-Based Insurance Market Revenue Share, By Companies, 2024 |
10.2 Mongolia Usage-Based Insurance Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here