Global Mobile Phone Insurance Market to reach USD 53.46 billion by 2027.

Global Mobile Phone Insurance Market Size study, by Coverage (Physical Damage, Internal Component Failure, Theft & Loss Protection and Others), Phone Type (Budget Phones, Mid & High-end Phones and Premium Smartphones) and Regional Forecasts 2020-2027
Product Code:  BAFB_75355607
Chapter 1.Executive Summary 
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Mobile Phone Insurance Market, by Region, 2018-2027 (USD Billion)
1.2.2. Mobile Phone Insurance Market, by Coverage, 2018-2027 (USD Billion)
1.2.3. Mobile Phone Insurance Market, by Phone Type, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Mobile Phone Insurance Market Definition and Scope 
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Mobile Phone Insurance Market Dynamics 
3.1. Mobile Phone Insurance Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.1.1.  Increasing digital transaction
3.1.1.2.  Increasing incidents of accidental damage
3.1.2. Market Challenges
3.1.2.1.  Complex terms and conditions of insurance policies
3.1.2.2.  Fixed premium plans
3.1.3. Market Opportunities
3.1.3.1.  Simplification of claiming procedures 
3.1.3.2.  Increasing smartphones users
Chapter 4. Global Mobile Phone Insurance Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political 
4.2.2. Economical
4.2.3. Social 
4.2.4. Technological 
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Mobile Phone Insurance Market, by Coverage 
5.1. Market Snapshot 
5.2. Global Mobile Phone Insurance Market by Coverage, Performance - Potential Analysis
5.3. Global Mobile Phone Insurance Market Estimates & Forecasts by Coverage 2017-2027 (USD Billion)
5.4. Mobile Phone Insurance Market, Sub Segment Analysis
5.4.1.  Physical Damage
5.4.2. Internal Component Failure
5.4.3. Theft & Loss Protection
5.4.4. Others
Chapter 6. Global Mobile Phone Insurance Market, by Phone Type          
6.1. Market Snapshot 
6.2. Global Mobile Phone Insurance Market by Phone Type, Performance - Potential Analysis
6.3. Global Mobile Phone Insurance Market Estimates & Forecasts by Phone Type 2017-2027 (USD Billion)
6.4. Mobile Phone Insurance Market, Sub Segment Analysis
6.4.1.  Budget Phones
6.4.2. Mid & High-end Phones
6.4.3. Premium Smartphones
Chapter 7. Global Mobile Phone Insurance Market, Regional Analysis
7.1. Mobile Phone Insurance Market, Regional Market Snapshot 
7.2. North America Mobile Phone Insurance Market 
7.2.1. U.S. Mobile Phone Insurance Market
7.2.1.1.  Coverage breakdown estimates & forecasts, 2017-2027 
7.2.1.2.  Phone Type breakdown estimates & forecasts, 2017-2027 
7.2.2. Canada Mobile Phone Insurance Market
7.3. Europe Mobile Phone Insurance Market Snapshot
7.3.1. U.K. Mobile Phone Insurance Market 
7.3.2. Germany Mobile Phone Insurance Market
7.3.3. France Mobile Phone Insurance Market
7.3.4. Spain Mobile Phone Insurance Market
7.3.5. Italy Mobile Phone Insurance Market
7.3.6. Rest of Europe Mobile Phone Insurance Market
7.4. Asia-Pacific Mobile Phone Insurance Market Snapshot
7.4.1. China Mobile Phone Insurance Market 
7.4.2. India Mobile Phone Insurance Market 
7.4.3. Japan Mobile Phone Insurance Market
7.4.4. Australia Mobile Phone Insurance Market
7.4.5. South Korea Mobile Phone Insurance Market
7.4.6. Rest of Asia Pacific Mobile Phone Insurance Market
7.5. Latin America Mobile Phone Insurance Market Snapshot
7.5.1. Brazil Mobile Phone Insurance Market
7.5.2. Mexico Mobile Phone Insurance Market
7.6. Rest of The World Mobile Phone Insurance Market

Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1.  Apple Inc.
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments
8.2.2. American International Group, Inc.
8.2.3. Assurant, Inc.
8.2.4. Asurion
8.2.5. AT&T Inc.
8.2.6. AmTrust Financial
8.2.7. Brightstar Corp.
8.2.8. GoCare Warranty Group
8.2.9. SquareTrade, Inc.
8.2.10. Taurus Insurance Services Limited
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

Global Mobile Phone Insurance Market is valued approximately USD 20.69 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 12.6 % over the forecast period 2020-2027. Mobile phones serve as a platform for entertainment, education, and also an effective platform for storing important personal information. Increasing use of smartphones for digital transactions and protecting personal data has led to the need for safeguarding mobile devices. For instance, according to GSMA, by 2025, approximately 75% of the total mobile phone owners are expected to own a smartphone. There has been increasing incidents of accidental damage, phone thefts, virus infections, and device malfunction. Further, increasing costs of smartphones and increasing collaborations among mobile phone manufacturers and insurance providers has led the adoption of Mobile phone insurance across the forecast period. For instance, E-tailors such as Flipkart are collaborating with insurance service providers such as Bajaj Allianz to offer mobile phone insurance cover to customers. In 2018, Assurant, Inc. partnered with KDDI Corporation, a Japanese telecommunications operator to provide insurance services to Apple-certified devices. However, complex terms and conditions of insurance policies making it difficult for consumers to understand and coverage plans with a fixed premium & the coverage amount irrespective of the nature of the damages covered may impede the growth of the market over the forecast period of 2020-2027. Also, with the provision of direct-to-consumer insurance assistance, simplification of claiming procedures and increasing smartphone users, the adoption & demand for mobile phone insurance is likely to increase.

The regional analysis of global Mobile Phone Insurance market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to presence of a large number of mobile insurance providers and the rising incidences of crimes related to smartphones. For instance, according to the Bureau of Justice Assistance, on average, more than one million smartphones are stolen in the U.S. every year. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2020-2027. Factors such as rising disposable income, rising incidences of thefts damage and increasing importance of expensive mobile phones would create lucrative growth prospects for the Mobile Phone Insurance market across Asia-Pacific region.

Major market player included in this report are:
Apple Inc.
American International Group, Inc.
Assurant, Inc.
Asurion
AT&T Inc.
AmTrust Financial
Brightstar Corp.
GoCare Warranty Group
SquareTrade, Inc.
Taurus Insurance Services Limited

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Coverage:
Physical Damage
Internal Component Failure
Theft & Loss Protection
Others
By Phone Type:
Budget Phones
Mid & High-end Phones
Premium Smartphones
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Mobile Phone Insurance Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors


We offer 10% free customization including country-level data, niche applications and competitive landscape with every report. This also includes a 30 minute free analyst discussion post report purchase.

Full Name*

Business Email* (Please avoid generic email IDs such as gmail, yahoo)

Phone* (Please Affix Country Code)

Need specific market information? To get a customized report, please share your exact research requirements.



Loading…