Financial Services & Insurance Research News

Mobile phone insurance market to grow at 10% CAGR detailed in new research report

Financial Services Market Research

Mobile Phone Insurance Market major smartphone OEMs including Apple, Samsung, HTC, Acer, Motorola Mobility and Xiaomi – already offer their own branded protection plans across multiple countries, and others are expected to follow suit. By the end of 2020, OEM branded plans will account for a market worth nearly $4.5 Billion.

The "Mobile Phone Insurance Ecosystem: 2017 – 2030 – Opportunities, Challenges, Strategies & Forecasts" report presents an in-depth assessment of the mobile phone insurance ecosystem including market drivers, challenges, opportunities, value chain, future roadmap, case studies, ecosystem player profiles and strategies. The report also presents market size forecasts from 2017 through to 2030.

The forecasts are segmented for 3 sales channels, 5 regions and 25 countries.

Complete report description is available at…amp;utm_medium=br.

The Global Mobile Phone Insurance market is expected to account for $20.5 Billion in revenue by the end of 2017. The market is further expected to grow at a CAGR of approximately 10% over the next three years, eventually accounting for more than $27 Billion in revenue by the end of 2020.

In an effort to boost the uptake of their mobile phone insurance plans, mobile operators and insurance providers have extensively enhanced their offerings with a number of differentiating features such as multi-device coverage, integrated device security apps, prioritized technical support, door-to-door repair services and secure data storage for photos and videos. To accelerate the adoption of mobile phone insurance in developing markets, mobile operators are experimenting with an array of strategies ranging from complimentary insurance schemes to bundling insurance with inexpensively priced mobile security offerings.

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The Mobile Phone Insurance Market report covers the topics: Mobile phone insurance ecosystem; Market drivers and barriers; Insurance policy structure, distribution channels and key trends; Case studies of mobile phone insurance initiatives; Industry roadmap and value chain; Profiles and strategies of over 80 leading ecosystem players; Strategic recommendations for ecosystem players; Market analysis and forecasts from 2017 till 2030.

Forecast Segmentation

Sales Channel Segmentation: Mobile Operators, Device OEMs, Retailers & Others

Regional Segmentation: Asia Pacific, Europe, Latin & Central America, Middle East & Africa, North America

List of Companies Mentioned: A Wireless, Acer, AIG (American International Group), Allianz Insurance, Allianz SE Group, Allstate Corporation, América Móvil, AmTrust Financial Services, AmTrust International Underwriters, AmTrust Mobile Solutions, Aon, Appalachian Wireless, Apple, Assurant, Asurion, ASUS (ASUSTeK Computer), AT&T, Avast Software, AVG Technologies, Aviva, AXA, Barclays and more.

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Key Questions Answered in report: How big is the mobile phone insurance opportunity?; What trends, challenges and barriers are influencing its growth?; How is the ecosystem evolving by region?; What will the market size be in 2020 and at what rate will it grow?; Which countries will see the highest percentage of growth?; Who are the key market players and what are their strategies?; What risks are typically covered in mobile phone insurance offerings?; How can insurance plans help mobile operators in reducing churn?; What strategies should mobile operators, device OEMs and insurance providers adopt to remain competitive?

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