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 road map, case studies, ecosystem player profiles and strategies.
The Mobile Phone Insurance Market Report presents market size forecasts from 2017 through to 2030. The forecasts are segmented for 3 sales channels, 5 regions and 25 countries.
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.
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The following companies and organizations have been reviewed, discussed or mentioned in the report:
BlackBerry, Diamond Wireless, The Warranty Group, Sprint Corporation, Zurich Insurance Group, Telcel, SoftBank Corporation, Sony Mobile Communications, Nokia, Markerstudy, KB Financial Group, Fortegra Financial Corporation, CGU Insurance, AmTrust Financial Services and over 80 other Major Companies
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.
The Report 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.
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.
Regions Covered in the Report includes:
Latin & Central America
Middle East & Africa
Mobile phone insurance ecosystem
Market drivers and barriers
Insurance policy structure, distribution channels and key trends
Case studies of mobile phone insurance initiatives
Industry road map 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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Key Questions Answered:
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?
Table of Content:
Chapter 1: Introduction
Chapter 2: An Overview of Mobile Phone Insurance
Chapter 3: Value Chain & Future Roadmap
Chapter 4: Case Studies
Chapter 5: Key Market Players
Chapter 6: Market Analysis & Forecasts
Chapter 7: Conclusion & Strategic Recommendations
The report comes with an associated Excel datasheet suite covering quantitative data from all numeric forecasts presented in the report.
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