Mobile Phone Insurance Ecosystem Market 2017-2030: $27 Bn Opportunities, Challenges, Strategies & Forecasts – Research and Markets

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DUBLIN--(BUSINESS WIRE)-- The "The Mobile Phone Insurance Ecosystem: 2017 - 2030: Opportunities, Challenges, Strategies & Forecasts" report from SNS Research has been added to Research and Markets' offering.

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.

It's estimated 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.

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.

Key Findings:

The report has the following key findings:

It's estimated 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.

Topics Covered:

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

Forecast Segmentation:

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

Sales Channel Segmentation
Mobile Operators
Device OEMs
Retailers & Others

Key Topics Covered:

1: Introduction

2: An Overview of Mobile Phone Insurance

3: Value Chain & Future Roadmap

4: Case Studies

5: Key Market Players

6: Market Analysis & Forecasts

7: Conclusion & Strategic Recommendations

Companies Mentioned

A Wireless
Acer
AIG (American International Group)
Allianz Insurance
BlackBerry
BNP Paribas
BNP Paribas Cardif
Bouygues Telecom
Brightstar Corporation
BT Group
Cellebrite
CGU Insurance
Chubb
Endsleigh Insurance Services
eSecuritel
Fonesure
Fortegra Financial Corporation
Freedom Mobile
Garantec
Geek Squad
KB Insurance
KPN
Lenovo
Microsoft Corporation
NIA (New India Assurance)
Nippon Life Insurance
Nokia
NQ Mobile
Sprint Corporation
SquareTrade
StarHub
Sun Corporation
Supercover Insurance
SURE
Zurich Insurance Group

For more information about this report visit https://www.researchandmarkets.com/research/bb6wn4/the_mobile_phone

View source version on businesswire.com: http://www.businesswire.com/news/home/20170922005220/en/

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Related Topics: Insurance