Global Mobile Phone Insurance Ecosystem Market Scope by Trends and Opportunities to Expand Significantly by 2030

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.

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SNS Research estimates 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.

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.

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

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

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

Sales Channel Segmentation
■ Mobile Operators
■ Device OEMs
■ Retailers & Others

Regional Segmentation
Asia Pacific
■ Europe
■ Latin & Central America
■ Middle East & Africa
■ North America

Country Level Segmentation
Argentina, Australia, Brazil, Canada, China, Colombia, France, Germany, Hong Kong, India, Israel, Italy, Japan, Mexico, Netherlands, Poland, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Taiwan, UK & USA

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 plans help mobile operators in reducing churn?
■ What strategies should mobile operators, device OEMs and insurance providers adopt to remain competitive?

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