The Mobile Phone Insurance Ecosystem Market To Account $48 Billion By 2020: Trends And Opportunity

MarketResearchReports.Biz presents this most up-to-date research on "The Mobile Phone Insurance Ecosystem: 2015 - 2020 - Opportunities, Challenges, Strategies & Forecasts"


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 wireless carriers, insurance specialists, device OEMs, retailers and even banks now offer insurance plans that cover the theft, loss, damage and malfunctions in mobile phones. Many policies now also integrate enhanced technical support and additional protection features such as data backup facilities, allowing users to securely back-up their phone data online.

SNS Research estimates that the global mobile phone insurance market is expected for account for nearly $31 Billion in revenue by the end of 2015. The market is further expected to grow at a CAGR of nearly 10% over the next five years, eventually accounting for over $48 Billion in revenue by the end of 2020.

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The "Mobile Phone Insurance Ecosystem: 2015 – 2020 - 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 2015 through to 2020. The forecasts are further segmented for 5 regional and 64 country level markets.

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

Key Findings:

The report has the following key findings:

SNS Research estimates that the global mobile phone insurance market is expected for account for nearly $31 Billion in revenue by the end of 2015
The market is further expected to grow at a CAGR of nearly 10% over the next five years, eventually accounting for over $48 Billion in revenue by the end of 2020
In an effort to boost the uptake of mobile phone insurance, wireless carriers and insurance providers have extensively enhanced their insurance offerings with the addition of data protection/recovery features and integrated technical support
Mobile device OEMs are keen are keen to develop alliances with local insurance regulators to boost the sales prospects of their smartphones sold through their branded retail stores
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Topics Covered:

The report covers the following topics:

Mobile phone insurance ecosystem
Market drivers and barriers
Insurance policy structure, distribution channels and key trends
Industry roadmap, value chain and case studies
Profiles and strategies of 24 leading ecosystem players
Strategic recommendations for ecosystem players
Market analysis and forecasts from 2015 till 2030
Historical Revenue & Forecast Segmentation:
Market forecasts are provided for the following regional and country level submarkets:
Regional Segmentation
Asia Pacific
Eastern Europe
Latin & Central America
Middle East & Africa
North America
Western Europe
Country Level Segmentation
Algeria, Argentina, Australia, Austria, Belgium, Bolivia, Brazil, Bulgaria, Canada, Chile, China, Colombia, Croatia, Czech Republic, Ecuador, Egypt, France, Germany, Greece, Hong Kong, Hungary, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy, Japan, Kenya, Lithuania, Malaysia, Mexico, Morocco, Netherlands, New Zealand, Nigeria, Pakistan, Paraguay, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, Slovak Republic, South Africa, South Korea, Spain, Sudan, Sweden, Taiwan, Tanzania, Thailand, Tunisia, Turkey, UK, Ukraine, Uruguay, USA, Venezuela and Vietnam
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 help wireless carriers in reducing churn?
What strategies should wireless carriers, device OEMs and insurance providers adopt to remain competitive?
List of Companies Mentioned:

The following companies and organizations have been reviewedScience Articles, discussed or mentioned in the report:

A Wireless
ACE European Group
Allianz Insurance
AmTrust International Underwriters
Appalachian Wireless
Assurant
Asurion
AT&T
AT&T Mobility
Aviva
Best Buy
Brightstar Corporation
Carphone Warehouse
Diamond Wireless
EE
eSecuritel
First Direct
Fonesure
Fortegra
Geek Squad
GoCare Warranty Group
Hollard Group
HSBC Bank
iQmetrix
Liberty Mutual Insurance Group
Markerstudy
Microsoft
Mobile Rhino (Stuckey & Company)
MTN
NIA (New India Assurance)
Nokia
NQ Mobile
NTT DoCoMo
Pier Insurance Managed Services
Protect Your Bubble
ProtectCELL
Safeware
SPB
Sprint
SquareTrade
Supercover Insurance
Telefónica Group
Telefónica Insurance
The Allianz Group (Allianz SE)
T-Mobile
Verizon Communications
Verizon Wireless
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