Mobile Phone Insurance Market to Reach $38.1 Billion by 2024 – Collaborations Among Mobile Phone Manufacturers & Insurance Regulators are Driving Growth – ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)-- The "Mobile Phone Insurance Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.

The global mobile phone insurance market was valued at US$ 22.6 Billion in 2018. Looking forward, the publisher expects the market to reach a value of US$ 38.1 Billion by 2024, registering a CAGR of around 9% during 2019-2024.

The increasing number of smartphones users and rising incidences of accidental damage, phone thefts, device malfunction, etc., are among the key factors driving the global mobile phone insurance market.

Mobile phones are highly prone to physical and technical damages, and the rising cost of smartphones is driving the consumers towards opting for mobile phone insurance policies.

Collaborations among mobile phone manufacturers and insurance regulators are also driving the market globally.

Insurance vendors in the market are improving the policies with recovery features, data protection, and extensive technical support to the consumers while they claim their insurance.

Moreover, the emergence of multichannel interaction, direct-to-consumer insurance assistance, online transaction platforms, etc, are also driving the global mobile phone insurance market further.

Other factors driving the market include rising demand of data and virus protection plans, improving access through improved distribution networks, rising demand of premium smart phones, etc.

Key Questions Answered

• How has the global mobile phone insurance market performed so far and how will it perform in the coming years?
• What are the key regional markets in the global mobile phone insurance industry?
• What is the breakup of the market based on the phone type?
• What is the breakup of the market based on the coverage?
• What is the breakup of the market based on the distribution channel?
• What is the breakup of the market based on the end-user?
• What are the various stages in the value chain of the global mobile phone insurance industry?
• What are the key driving factors and challenges in the global mobile phone insurance industry?
• What is the structure of the global mobile phone insurance industry and who are the key players?
• What is the degree of competition in the global mobile phone insurance industry?
• What are the profit margins in the global mobile phone insurance industry?

Topics Covered

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study

2.2 Stakeholders

2.3 Data Sources

2.4 Market Estimation

2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Mobile Phone Insurance Market

5.1 Market Overview

5.2 Market Performance

5.3 Market Breakup by Phone Type

5.4 Market Breakup by Coverage

5.5 Market Breakup by Distribution Channel

5.6 Market Breakup by End-User

5.7 Market Breakup by Region

5.8 Market Forecast

6 Market Breakup Phone Type

6.1 New Phone

6.2 Refurbished

7 Market Breakup by Coverage

7.1 Physical Damage

7.2 Electronic Damage

7.3 Virus Protection

7.4 Data Protection

7.5 Theft Protection

8 Market Breakup by Distribution Channel

8.1 Mobile Operators

8.2 Device OEMs

8.3 Retailers

8.4 Online

8.5 Others

9 Market Breakup by End-User

9.1 Corporate

9.2 Personal

10 Market Breakup by Region

10.1 Europe

10.2 North America

10.3 Asia Pacific

10.4 Middle East and Africa

10.5 Latin America

11 SWOT Analysis

11.1 Overview

11.2 Strengths

11.3 Weaknesses

11.4 Opportunities

11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis

13.1 Overview

13.2 Bargaining Power of Buyers

13.3 Bargaining Power of Suppliers

13.4 Degree of Competition

13.5 Threat of New Entrants

13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

15.1 Market Structure

15.2 Key Players

15.3 Profiles of Key Players

15.3.1 AIG

15.3.2 Allianz Insurance

15.3.3 AmTrust International Underwriters

15.3.4 Apple

15.3.5 AT&T

15.3.6 AXA

15.3.7 Deutsche Telekom

15.3.8 Liberty Mutual Insurance Group

15.3.9 Pier Insurance Managed Services

15.3.10 Samsung Electronics

15.3.11 SoftBank Corporation

15.3.12 Sprint Corporation

15.3.13 Telefonica Insurance S.A.

15.3.14 Verizon Communications

15.3.15 Vodafone Group

15.3.16 Xiaomi

15.3.17 Orange

For more information about this report visit https://www.researchandmarkets.com/r/57sizd

View source version on businesswire.com: https://www.businesswire.com/news/home/20190416005458/en/

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

[email protected]

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics: Insurance

Source: Research and Markets