Mobile Phone Insurance Ecosystem Market 2017: Opportunities, Challenges, Strategies & Forecast 2030

“The Latest Research Report The Mobile Phone Insurance Ecosystem: 2017 – 2030 – Opportunities, Challenges, Strategies & Forecasts provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. – MarketResearchReports.biz”

About Mobile Phone Insurance Ecosystem Market

Given the increasing prevalence of expensive household goods, cars and consumer electronics, insurance has become an unavoidable and often necessary cost in modern life. Mobile phones, and smartphones in particular are no exception to this trend.

Most major mobile operators, insurance specialists, device OEMs, retailers and even banks now offer insurance plans that cover theft, loss, malfunctions and damage of mobile phones. Many policies now also integrate enhanced technical support and additional protection features such as data backup facilities, allowing users to securely backup their phone data online.

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SNS Research estimates that 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.

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.

The report comes with an associated Excel datasheet suite covering quantitative data from all numeric forecasts presented in the report.

The report covers the following 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

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Forecast Segmentation

Market forecasts are provided for each of the following submarkets and their categories:

Sales Channel Segmentation

Mobile Operators

Device OEMs

Retailers & Others

Regional Segmentation

Asia Pacific

Europe

Latin & Central America

Middle East & Africa

North America

Country Level Segmentation

Argentina, Australia, Brazil, Canada, China, Colombia, France, Germany, Hong Kong, India, Israel, Italy, Japan, Mexico, Netherlands, Poland, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Taiwan, UK & USA

Key Questions Answered

The report provides answers to the following key questions:

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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Key Findings

The report has the following key findings:

SNS Research estimates that 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.

Many 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.

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

BBVA Seguros

Best Buy

BlackBerry

BNP Paribas

BNP Paribas Cardif

Bouygues Telecom

Brightstar Corporation

BT Group

Cellebrite

CGU Insurance

Chubb

Claro

CNA Financial Corporation

Conecta Serviços

CWS (Connected World Services)

Diamond Wireless

Dixons Carphone

DT (Deutsche Telekom)

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