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Mobile Phone Insurance Market Study: An Emerging Hint of Opportunity

12-09-2019 05:34 PM CET | IT, New Media & Software

Press release from: HTF Market Intelligence Consulting Pvt. Ltd.

Mobile Phone Insurance

Mobile Phone Insurance

HTF Market Intelligence released a new research report of 120 pages on title 'The Mobile Phone Insurance Ecosystem: 2019 – 2030 – Opportunities, Challenges, Strategies & Forecasts' with detailed analysis, forecast and strategies. The study covers key regions that includes Asia Pacific, Europe, Latin & Central America, Middle East & Africa, North America and important players such as Allianz Insurance, Allianz SE Group, América Móvil etc.

Request a sample report @ https://www.htfmarketreport.com/sample-report/2219771-the-mobile-phone-insurance-ecosystem-1

Summary
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 wireless carriers, 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.
Research estimates that the global mobile phone insurance market is expected to account for nearly $20 Billion in revenue by the end of 2016. The market is further expected to grow at a CAGR of approximately 12% over the next four years, eventually accounting for over $30 Billion in revenue by the end of 2020.
The ""Mobile Phone Insurance Ecosystem: 2016 – 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 2016 through to 2030. The forecasts are segmented for 5 regional and 25 country level markets.
The report comes with an associated Excel datasheet suite covering quantitative data from all numeric forecasts presented in the report.
List of 78 Companies Mentioned
A Wireless, AIG (American International Group), Allianz Insurance, Allianz SE Group, América Móvil, AmTrust International Underwriters, Aon, Appalachian Wireless, Apple, Assurant, Asurion, AT&T, AT&T Mobility, Aviva, AXA, Barclays, Best Buy, Bouygues Telecom, Brightstar Corporation, BT Group, Cellebrite, Chubb, CWS (Connected World Services Distributions), Diamond Wireless, Dixons Carphone, DT (Deutsche Telekom), EE, eSecuritel, Fonesure , Fortegra, Geek Squad, GoCare, Groupama, Hollard Group, HSBC, Inhance Technology, iQmetrix, Liberty Mutual Insurance Group, Lifestyle Services Group, Lookout, Markerstudy, Microsoft, Mobi PCS, Mobile Rhino (Stuckey & Company), MTN, NIA (New India Assurance), Nippon Life Insurance, Nokia, NQ Mobile, NTT DoCoMo, Optus, Orange, Pier Insurance Managed Services, ProtectCELL, Safeware, Salt Mobile, Samsung Electronics, SFR, Singtel Group, SoftBank Corporation, So-Sure, Spark New Zealand, SPB, Sprint Corporation, SquareTrade, Sun Corporation, Supercover Insurance, Swisscom, Telefónica Group, Telefónica Insurance, Telstra, T-Mobile USA, Tokio Marine, Verizon Communications, Verizon Wireless , V-Key Solutions, Vodacom, Vodafone Group

View Detailed Table of Content @ https://www.htfmarketreport.com/reports/2219771-the-mobile-phone-insurance-ecosystem-1

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 40 leading ecosystem players
- Strategic recommendations for ecosystem players
- Market analysis and forecasts from 2016 till 2030
Forecast Segmentation
Market forecasts are provided for the following regional and country level submarkets:

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 wireless carriers in reducing churn?
- What strategies should wireless carriers, device OEMs and insurance providers adopt to remain competitive?

Key Findings
The report has the following key findings:
- SNS Research estimates that the global mobile phone insurance market is expected to account for nearly $20 Billion in revenue by the end of 2016.
- The market is further expected to grow at a CAGR of approximately 12% over the next four years, eventually accounting for over $30 Billion in revenue by the end of 2020.
- In an effort to boost the uptake of mobile phone insurance, wireless carriers and insurance providers have extensively enhanced their insurance offerings with the addition of location tracking, data protection/recovery features and integrated technical support.
- The success of mobile phone insurance plans has driven several wireless carriers, such as NTT DoCoMo and Orange, to invest in the sales of other insurance products through mobile phones and their retail outlets.
- New insurance models are also beginning to emerge, such as London-based So-Sure’s social insurance for mobile phones, which allows customers to get up to 80% of their money back, if they and their friends don’t claim.
- Device OEMs are beginning to invest in tailored plans to suit the specific requirements of certain regional markets. A good example is Xiaomi’s Mi Protect plan in India, which covers accidental and liquid damage, for as little as $7 per year.

Get Customization in the Report, Enquire Now @ https://www.htfmarketreport.com/enquiry-before-buy/2219771-the-mobile-phone-insurance-ecosystem-1

Table of Contents
Chapter 1: Introduction
Executive Summary
Topics Covered
Forecast Segmentation
Key Questions Answered
Key Findings
Methodology
Target Audience
Companies & Organizations Mentioned

Chapter 2: An Overview of Mobile Phone Insurance
The Role of Insurance in Our Daily Lives
Why Have Mobile Phone Insurance?
What Risks Are Typically Covered?
Accidental, Malicious or Liquid Damage
Electrical or Mechanical Breakdown

Chapter 3: Value Chain & Future Roadmap
Value Chain
Wireless Carriers
Mobile Device OEMs
Banks
Retailers
Underwriters & Insurance Administrators

Chapter 4: Case Studies
Telefónica Insurance: A Wireless Carrier Owned Insurance Co
....Continued

Buy this report @ https://www.htfmarketreport.com/buy-now?format=1&report=2219771

Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

Contact US :
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1 (206) 317 1218
sales@htfmarketreport.com
Connect with us at LinkedIn | Facebook | Twitter

About Author:
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.

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