The Mobile Phone Insurance Ecosystem Market Future Growth and Analysis 2020 to 2030

The report titled "The Mobile Phone Insurance Ecosystem Market" has recently added by MarketInsightsReports to get a stronger and effective business outlook. It provides an in-depth analysis of different attributes of industries such as trends, policies, and clients operating in several regions. The qualitative and quantitative analysis techniques have been used by analysts to provide accurate and applicable data to the readers, business owners and industry experts.

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.

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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-Sures social insurance for mobile phones, which allows customers to get up to 80% of their money back, if they and their friends dont claim.
- Device OEMs are beginning to invest in tailored plans to suit the specific requirements of certain regional markets. A good example is Xiaomis Mi Protect plan in India, which covers accidental and liquid damage, for as little as $7 per year.

Significant Features that are under Offering and Key Highlights of the Reports:
o Detailed overview of The Mobile Phone Insurance Ecosystem Market
o Changing The Mobile Phone Insurance Ecosystem market dynamics of the industry
o In-depth market segmentation by Type, Application etc.
o Historical, current and projected The Mobile Phone Insurance Ecosystem market size in terms of volume and value
o Recent industry trends and developments
o Competitive landscape of The Mobile Phone Insurance Ecosystem Market
o Strategies of key players and product offerings
o Potential and niche segments/regions exhibiting promising growth.

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