Mobile Phone Insurance Market worth $48 Bil by 2020

Feb 27, 2015, 13:20 ET from Market Reports Hub

DALLAS, February 27, 2015 /PRNewswire/ --

MarketReportsHub.com offers "The Mobile Phone Insurance Ecosystem: 2015 - 2020 - Opportunities, Challenges, Strategies & Forecasts" - a report that will be of value to current and future potential investors into the mobile phone insurance sector, as well as wireless carriers, device OEMs and insurance providers who wish to broaden their knowledge of the ecosystem.

The "Mobile Phone Insurance Ecosystem: 2015 - 2020 -  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 2015 through to 2020. The forecasts are segmented for 6 regional and 64 country level markets.

The research estimates that the global mobile phone insurance market is expected for account for nearly $31 Billion in revenue by the end of 2015. The market is further expected to grow at a CAGR of nearly 10% over the next five years, eventually accounting for over $48 Billion in revenue by the end of 2020.

The "The Mobile Phone Insurance Ecosystem: 2015 - 2020 - Opportunities, Challenges, Strategies & Forecasts" report comes with an associated Excel datasheet suite covering quantitative data from all numeric forecasts presented in the report.

Given the increasing prevalence of expensive household goods, cars and consumer electronics, insurance have 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.

List of Companies Mentioned: A Wireless, ACE European Group, Allianz Insurance, AmTrust International Underwriters, Appalachian Wireless, Assurant, Asurion, AT&T, AT&T Mobility, Aviva, Best Buy, Brightstar Corporation, Carphone Warehouse, Diamond Wireless, EE, eSecuritel, First Direct, Fonesure, Fortegra, Geek Squad, GoCare Warranty Group, Hollard Group, HSBC Bank, iQmetrix, Liberty Mutual Insurance Group, Markerstudy, Microsoft, Mobile Rhino (Stuckey & Company), MTN, NIA (New India Assurance), Nokia, NQ Mobile, NTT DoCoMo, Pier Insurance Managed Services, Protect Your Bubble, ProtectCELL, Safeware, SPB, Sprint, SquareTrade, Supercover Insurance, Telefónica Group, Telefónica Insurance, The Allianz Group (Allianz SE), T-Mobile, Verizon Communications and Verizon Wireless.

Order a copy of this report at (Prices start at US $ 2500 for a single user PDF)http://www.marketreportshub.com/purchase?rpid=2463. You can also order this report by FAX athttp://www.marketreportshub.com/order-by-fax?rpid=2463.

Key Findings: The research estimates that the global mobile phone insurance market is expected for account for nearly $31 Billion in revenue by the end of 2015. The market is further expected to grow at a CAGR of nearly 10% over the next five years, eventually accounting for over $48 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 data protection/recovery features and integrated technical support. Mobile device OEMs are keen to develop alliances with local insurance regulators to improve the sales prospects of their smartphones sold through their branded retail stores

Topics Covered: 

  • Mobile phone insurance ecosystem
  • Market drivers and barriers
  • Insurance policy structure, distribution channels and key trends
  • Industry roadmap, value chain and case studies
  • Profiles and strategies of 24 leading ecosystem players
  • Strategic recommendations for ecosystem players
  • Market analysis and forecasts from 2015 till 2020

Historical Revenue & Forecast Segmentation: 

Market forecasts are provided for the following regional and country level submarkets:

  • Regional Segmentation
    • Asia Pacific
    • Eastern Europe
    • Latin & Central America
    • Middle East & Africa
    • North America
    • Western Europe
  • Country Level Segmentation
    • Algeria, Argentina, Australia, Austria, Belgium, Bolivia, Brazil, Bulgaria, Canada, Chile, China, Colombia, Croatia, Czech Republic, Ecuador, Egypt, France, Germany, Greece, Hong Kong, Hungary, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy, Japan, Kenya, Lithuania, Malaysia, Mexico, Morocco, Netherlands, New Zealand, Nigeria, Pakistan, Paraguay, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, Slovak Republic, South Africa, South Korea, Spain, Sudan, Sweden, Taiwan, Tanzania, Thailand, Tunisia, Turkey, UK, Ukraine, Uruguay, USA, Venezuela and Vietnam

Key Questions Answered: 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 help wireless carriers in reducing churn? What strategies should wireless carriers, device OEMs and insurance providers adopt to remain competitive?

List of Figures   

Figure 1: Smartphone Installed Base by Region: 2011 - 2020 (Millions) 18
Figure 2: Mobile Phone Insurance Value Chain 25
Figure 3: Mobile Phone Insurance Industry Roadmap 27
Figure 4: Mobile Phone Claim Processing Lifecycle 32
Figure 5: Global Mobile Phone Insurance Revenue: 2011 - 2020 ($ Million) 51
Figure 6: Mobile Phone Insurance Revenue by Region: 2011 - 2020 ($ Million) 52
Figure 7: Asia Pacific Mobile Phone Insurance Revenue: 2011 - 2020 ($ Million) 53
Figure 8: Asia Pacific Mobile Phone Insurance Revenue by Country: 2011 - 2020 ($ Million) 53
Figure 9: Australia Mobile Phone Insurance Revenue: 2011 - 2020 ($ Million) 54
Figure 10: China Mobile Phone Insurance Revenue: 2011 - 2020 ($ Million) 54
Figure 11: Hong Kong Mobile Phone Insurance Revenue: 2011 - 2020 ($ Million) 55
Figure 12: India Mobile Phone Insurance Revenue: 2011 - 2020 ($ Million) 55
Figure 13: Indonesia Mobile Phone Insurance Revenue: 2011 - 2020 ($ Million) 56
Figure 14: Japan Mobile Phone Insurance Revenue: 2011 - 2020 ($ Million) 56
Figure 15: South Korea Mobile Phone Insurance Revenue: 2011 - 2020 ($ Million) 57
Figure 16: Malaysia Mobile Phone Insurance Revenue: 2011 - 2020 ($ Million) 57
Figure 17: New Zealand Mobile Phone Insurance Revenue: 2011 - 2020 ($ Million) 58
And more.

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