Global Mobile Handset Protection Market Assessment Covering Growth Factors and Upcoming Trends by 2026

A fresh report has been added to the wide database of Market Research Report Search Engine (MRRSE). The research study is titled “Global Market Study on Mobile Handset Protection: Mobile Operator/Carrier Protection Provider Segment to Reflect a Significant Market Valuation by 2026 End” which encloses important data about the production, consumption, revenue and market share, merged with information related to the market scope and product overview. The report anticipates that Mobile Handset Protection Market would rise at a positive CAGR during the period 2017-2026.

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A 2.8x growth in revenue to reshape the entire mobile handset protection market in the coming years

On global mobile handset protection market has underlined various facets of the global market that can serve as guidance to upcoming businesses in this sector. This comprehensive market research report provides pertinent insights on various segments of the global mobile handset protection market, various trends that are giving a direction to the market, different developments, key drivers that are responsible for the growth of the global market, challenges that have a negative effect on the market’s growth and opportunities that reflect growth potential of the global mobile handset protection market. According to this fact based research report, the global market for mobile handset protection is projected to grow at a high CAGR throughout the period of assessment to reach a value higher than US$ 50 Bn by the end of the year of assessment from a valuation of around US$ 18 Bn in 2017.

Mobile handset protection offers coverage against mechanical breakdown, theft loss and accidental damage. The mobile handset protection plan is generally offered by the mobile operator or carrier, OEMs and retailers. Smartphones are a basic necessity in everyone’s life and any disturbance in the usage and service of smartphone is undesirable in today’s world, especially when connectivity, networking and social media are the main tools of communication. The programs offering protection to mobile handsets are essential to reduce the possible interruption in case of any accident that could occur. These programs do not prevent accidents but they ensure consumer satisfaction by assisting them in getting their devices back in pain free and quick manner.

A detailed competitive analysis covered in the research reportThe global mobile handset protection market research report covers competitive landscape, which covers the market shares, revenues, growth strategies applied, product portfolio analysis, distribution channels, expansion in several geographies, marketing strategies, SWOT, pricing analysis, etc., of the various key players in the global mobile handset protection market. Such an intelligence framework can be used to devise appropriate strategies in order to gain competitive advantage in the long run.

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Direct to consumer services segment to largely contribute to the global market’s revenue growth

Direct to consumer services segment in the protection provider category is anticipated to grow at a significant rate throughout the period of forecast and register a CAGR of 13.0%. The direct to consumer services segment is valued at around US$ 5 Bn in 2017 and is expected to reach a value a bit over US$ 16 Bn by the end of the year of assessment (2026). This segment is likely to lead the global market with a high market share owing to increasing number of consumers opting for mobile handset protection services without relying on the services provided by the manufacturer. Huge number of people opt for separate mobile protection plans with a view to safeguard their own interests.

Key report highlights

In-depth market analysis, with scrutiny across major regions
Market segmentation up to third level
Historical data, current statistics and a projected view of the market (forecasts) over a period of five years
Competitive landscape including analyses on key players
Unbiased view of the global market slating a realistic contour of data projections
Strong accurate research from a strategic standpoint
Weighted analyses which gives justice to the market segmentation covered
Competition analysis

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