openPR Logo
Press release

Mobile Phone Insurance Market to 2025 - Blackberry, American International Group, Assurant, Asurion, Pier Insurance, Brightstar Corp, AT&T, Trov, Vodafone, and Three.

01-24-2019 07:35 AM CET | Media & Telecommunications

Press release from: The Insight Partners

Mobile Phone Insurance Market

Mobile Phone Insurance Market

Mobile Phone Insurance Market to 2025 – Global Analysis and Forecasts by Phone Type (New Phone and Refurbished); Coverage (Physical Damage, Electronic Damage, Virus Protection, and Theft Protection); Sales Channel (Mobile Operators, Device OEMs, Retailers, and Others); and End Users (Corporate and Personal)

Rising Incidents of Physical Damage, Technological Damage and Theft to Accentuate the Demand for Mobile Phone Insurance Market at a CAGR of 12.5%

Latest market study on Mobile Phone Insurance Market 2025 by Phone Types (New Phone and Refurbished); Coverage (Physical Damage, Electronic Damage, Virus Protection, and Theft Protection); Sales Channel (Mobile Operators, Device OEMs, Retailers, and Others); and End Users (Corporate and Personal) – Global Analysis and Forecast”, the Mobile Phone Insurance market is estimated to reach US$ 43,448.6 Mn by 2025 from US$ 16,962.7 Mn in 2017. The report includekey understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.

Get Sample PDF Brochure of this research at https://bit.ly/2RaOReb

The global mobile phone insurance market is experiencing an intense growth with regards to the innovations and up gradations of policies and schemes being carried out by the market players and procurement of insurance policies for future in the current scenario. The market for mobile phone insurance consists of some well-established players across the globe, which invest huge amounts in order to deliver the most enhanced insurance solutions to the customers. The mobile phone insurance market is concentrated with mobile network operators, device OEMs, retailers and others. These market participants enhance their schemes as per the requirements of the customers. In addition, the smartphones market is significantly growing in respect to new phones as well as refurbished phones across geographies.

The demand for smartphones have increased the demand for smartphone insurance owing to the fact that, the smartphones are prone to various damages such as physical damage and technological damage. The physical damages are caused by accident, liquid spillage, and drop among others. The technological / electronic damages are caused by overcharging, and voltage fluctuations among other. Another potential threat to these smartphones is the theft or loss of the devices. These factors are major concerns for the smartphone users and attributing to the threats, the users are opting for mobile insurance in the current scenario.

The smartphones nowadays are much expensive and need protection. However, the technological damages are common among the high-end phones owing to malfunctionality of the software or hardware. In addition, physical damage and theft or loss of smartphones are also usual in the current times. Moreover, the expensive smartphones lock the owner into long-term financial contracts and owing to this factor, the owner doesn’t switch to another phone in case of any sort of damages. The mobile insurance companies offer the smartphone owners with several types of mobile phone insurance solutions and services which covers theft insurance, accidental damage insurance, technological/electronic damage protection, and virus protection among others. Majority of the insurers offer their policy buyers with repairing schemes and replacement with a refurbished phone, whereas some of the insurers also cover replacement policy where the company replaces the owner with a new handset depending upon the damage and insurance scheme held by the owner.

The rising number of incidents related to physical, technological damages and theft or loss is heavily driving the market for mobile phone insurance. In the current scenario, the smartphone owners in the economically and technologically developed geographies cover their phone with insurance owing to increasing trend of damage and theft. This factor is positively influencing the insurance providers to offer enhanced solutions to their clients, thereby increasing the customer base and ultimately driving the market.

The global mobile phone insurance market has been segmented by two phone types namely new phone and refurbished phone. The market is also broken down by different coverage as physical damage, electronic damage, virus protection, and theft protection. The various sales channel through which the insurance policies are sold includes mobile operators, device OEMs, retailers and others. Further, the market is broken down by end user into corporate and personal.

Various other companies are also operating in the market and are coming up with new technologies and offerings which is helping the market for Mobile Phone Insurance to expand over the years in terms of revenue and subscription.

Order a Copy of this research at https://bit.ly/2TajsKW

The report segments the Global Mobile Phone Insurance Market as follows:

Global Mobile Phone Insurance Market – By Phone Type
New Phone
Refurbished

Global Mobile Phone Insurance Market – By Coverage
Physical Damage
Electronic Damage
Virus Protection
Theft Protection

Global Mobile Phone Insurance Market – By Sales Channel
Mobile Operators
Device OEMs
Retailers
Others

Global Mobile Phone Insurance Market – By End Users
Corporate
Personal

Global Mobile Phone Insurance Market – By Geography
North America
U.S.
Canada
Mexico

Europe
France
Germany
Netherlands
Spain
UK
Rest of Europe

Asia Pacific (APAC)
Australia
China
India
Japan
Rest of Asia Pacific

Middle East and Africa
South Africa
Saudi Arabia
UAE
Rest of Middle East and Africa

South America
Brazil
Rest of South America

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Mobile Phone Insurance Market to 2025 - Blackberry, American International Group, Assurant, Asurion, Pier Insurance, Brightstar Corp, AT&T, Trov, Vodafone, and Three. here

News-ID: 1528249 • Views: 298

More Releases from The Insight Partners

Automotive Logistics Market Comprehensive Evaluation of the Market via in-Depth …
According to a new market study entitled “Automotive Logistics Market to 2027 – Global Analysis and Forecasts by Deployment Type (On-Premise and Cloud) and Industry Vertical (BFSI, Healthcare & Life Sciences, Retail & Consumer Goods, Manufacturing, Travel & Hospitality, IT & Telecommunication, Media & Entertainment, and Others) and Geography, “explains the report, explaining the key drivers of this growth and highlighting key market players and their evolution. The report factors
Leisure Boats Market Comprehensive Evaluation of the Market via in-Depth Qualita …
According to a new market study entitled “Leisure Boats Market to 2027 – Global Analysis and Forecasts by Deployment Type (On-Premise and Cloud) and Industry Vertical (BFSI, Healthcare & Life Sciences, Retail & Consumer Goods, Manufacturing, Travel & Hospitality, IT & Telecommunication, Media & Entertainment, and Others) and Geography, “explains the report, explaining the key drivers of this growth and highlighting key market players and their evolution. The report factors
Clinical Decision Support System Market Recent trends, Global Status, Analysis b …
The support system also enables detection and helps in diagnosis of a prevailing diseases depending on the history of the patient. It is a part of clinical knowledge management technologies that supports the clinical process and use of knowledge, from diagnosis and investigation through treatment and long-term care. The CDSS application are commonly used to enhance healthcare provided to patients and help doctors or other medical professionals make decisions. The “The
Polymer Foam Market Future Scenario, Growth rate, Market Segmentation, and Indus …
The report aims to provide an overview of the Polymer Foam Market with detailed market segmentation by type, end user industry, and geography. The global polymer foam market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading polymer foam market players and offers key trends and opportunities in the market. The report also includes the profiles of key

All 5 Releases


More Releases for Phone

Mobile Phone and Smart Phone Market is Booming Worldwide |
HTF MI recently introduced Southeast Asia Mobile Phone and Smart Phone Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Samsung Electronics, Apple, Huawei Technologies, OPPO, Vivo
Bundle Your Television and Phone
October 3, 2018 There’s no shortage of companies offering television or even Video on demand (VOD) and phone packages of all different kinds, but the thing they share in common is being stuck in the past, not realizing the internet is the present and future of all kinds of communication and entertainment savings. Red Stick Wireless is the exception to the rule having established their brand with the full belief that
Mobile Phone Insurance Ecosystem Systems
This report studies the global Mobile Phone Insurance Ecosystem Systems market, analyzes and researches the Mobile Phone Insurance Ecosystem Systems development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like AIG Allianz Insurance AmTrust International Underwriters Apple AT&T AXA Deutsche Telekom Liberty Mutual Insurance Group Pier Insurance Managed Services Samsung Electronics SoftBank Corporation Sprint Corporation Telefonica Insurance S.A Verizon Communications Vodafone Group Xiaomi Orange Aviva Request a Sample Report @ https://www.wiseguyreports.com/sample-request/3065808-global-mobile-phone-insurance-ecosystem-systems-market-size Market segment by
Snom launches D120 IP phone
Snom adds new, low-price, entry-level general area IP phone to product portfolio Berlin, 2 February 2018 – Introducing the D120, IP telephony specialist and premium brand Snom Technology adds the new D1XX product line to its growing portfolio following the three launches already announced in January 2018. In the tail-wind of the flagship high-end D785 executive SIP phone launch, Snom turns its attention to the price-conscious large installation segment seeking a reliable,
Mobile Phone Insurance Ecosystem | MarketResearchReports.Biz
This report mainly introduces volume and value market share by players, by regions, by product type, by consumers and also their price change details. As a MarketResearchReports.Biz report, it covers all details inside analysis and opinion in “Mobile Phone Insurance Ecosystem”. 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
3CX Phone System v7.1 Delivers Personal Phone Assistant for ALL
New 3CX Assistant for 3CX Phone System offers one-click call transfer, call parking, call divert, presence and more London, UK – 3CX today announced the availability of 3CX Phone System for Windows 7.1, which includes 3CX Assistant, a desktop utility that drastically improves phone usability and user productivity. 3CX Assistant offers extension users an easy way to transfer, divert, launch or park calls - via “drag and drop” rather then via