Global mobile phone insurance market will reach $92.15 billion by 2032, growing by 11.3% annually over 2022-2032, driven by the rising number of mobile users, growing incidents of damages involving unintentional handling damage and virus infection, and the surging cases of phone thefts.
Highlighted with 126 tables and 80 figures, this 190-page report "Global Mobile Phone Insurance Market 2022-2032 by Coverage (Physical Damage, Internal Failure, Theft, Virus), Phone Type (Premium, Mid & High-end, Budget), Phone Category (New, Refurbished), End User (Personal, Enterprise), Distribution Channel (Mobile Providers, OEMs, Retail, Online), and Region: Trend Forecast and Growth Opportunity" is based on a comprehensive research of the entire global mobile phone insurance market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter's Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global mobile phone insurance market in every aspect of the classification from perspectives of Coverage, Phone Type, Phone Category, End User, Distribution Channel, and Region.
Based on Coverage, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Physical Damage
• Internal Component Failure
• Theft & Loss Protection
• Virus & Data Protection
• Other Coverage
Based on Phone Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Premium Smartphones
• Mid & High-end Phones
• Budget Phones
By Phone Category, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• New Phones
• Refurbished Phones
By End User, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Personal
• Enterprise
By Distribution Channel, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Mobile Providers
• Phone OEMs
• Retail Stores
• Online
• Other Channels
Geographically, the following regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa, and Rest of MEA)
For each region and country, detailed analysis and data of annual revenue ($ mn) are available for 2022-2032. The breakdown of all regional markets by country and the breakdown of each national market by Coverage, Phone Type, and Distribution Channel over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
AIG
Allianz Insurance
Apple Inc
Assurant, Inc.
Asurion, LLC
At&T Inc.
Aviva
Better Buy Insurance
Brightstar Corp.
Gadget Cover
Insurance2go
Liberty Mutual Insurance Group
O2 Mobile Insurance
Pier Insurance Managed Services
ProtectCELL
Protect your Bubble
Salt Insurance Services Limited
Sunrise Communications AG
Swisscom
Switched on Insurance
Three Ireland (Hutchison) Limited
Tinhat
Trov, Inc.
(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
1 Introduction 10
1.1 Industry Definition and Research Scope 10
1.1.1 Industry Definition 10
1.1.2 Research Scope 11
1.2 Research Methodology 14
1.2.1 Overview of Market Research Methodology 14
1.2.2 Market Assumption 15
1.2.3 Secondary Data 15
1.2.4 Primary Data 15
1.2.5 Data Filtration and Model Design 16
1.2.6 Market Size/Share Estimation 17
1.2.7 Research Limitations 18
1.3 Executive Summary 19
2 Market Overview and Dynamics 22
2.1 Market Size and Forecast 22
2.1.1 Impact of COVID-19 on World Economy 23
2.1.2 Impact of COVID-19 on the Market 26
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 28
2.2 Major Growth Drivers 32
2.3 Market Restraints and Challenges 36
2.4 Emerging Opportunities and Market Trends 39
2.5 Porter's Fiver Forces Analysis 43
3 Segmentation of Global Market by Coverage 47
3.1 Market Overview by Coverage 47
3.2 Physical Damage 49
3.3 Internal Component Failure 50
3.4 Theft & Loss Protection 51
3.5 Virus & Data Protection 52
3.6 Other Coverage 53
4 Segmentation of Global Market by Phone Type 54
4.1 Market Overview by Phone Type 54
4.2 Premium Smartphones 56
4.3 Mid & High-end Phones 57
4.4 Budget Phones 58
5 Segmentation of Global Market by Phone Category 59
5.1 Market Overview by Phone Category 59
5.2 New Phones 61
5.3 Refurbished Phones 62
6 Segmentation of Global Market by End User 63
6.1 Market Overview by End User 63
6.2 Personal 65
6.3 Enterprise 66
7 Segmentation of Global Market by Distribution Channel 67
7.1 Market Overview by Distribution Channel 67
7.2 Mobile Providers 69
7.3 Phone OEMs 70
7.4 Retail Stores 71
7.5 Online 72
7.6 Other Channels 73
8 Segmentation of Global Market by Region 74
8.1 Geographic Market Overview 2022-2032 74
8.2 North America Market 2022-2032 by Country 78
8.2.1 Overview of North America Market 78
8.2.2 U.S. 82
8.2.3 Canada 85
8.2.4 Mexico 87
8.3 European Market 2022-2032 by Country 89
8.3.1 Overview of European Market 89
8.3.2 Germany 93
8.3.3 U.K. 95
8.3.4 France 97
8.3.5 Spain 99
8.3.6 Italy 101
8.3.7 Russia 103
8.3.8 Rest of European Market 105
8.4 Asia-Pacific Market 2022-2032 by Country 107
8.4.1 Overview of Asia-Pacific Market 107
8.4.2 Japan 111
8.4.3 China 114
8.4.4 Australia 116
8.4.5 India 118
8.4.6 South Korea 120
8.4.7 Rest of APAC Region 122
8.5 South America Market 2022-2032 by Country 124
8.5.1 Argentina 127
8.5.2 Brazil 129
8.5.3 Chile 131
8.5.4 Rest of South America Market 133
8.6 MEA Market 2022-2032 by Country 134
8.6.1 UAE 137
8.6.2 Saudi Arabia 139
8.6.3 South Africa 141
8.6.4 Other National Markets 143
9 Competitive Landscape 144
9.1 Overview of Key Vendors 144
9.2 New Product Launch, Partnership, Investment, and M&A 148
9.3 Company Profiles 149
AIG 149
Allianz Insurance 151
Apple Inc 154
Assurant, Inc. 157
Asurion, LLC 159
At&T Inc. 161
Aviva 165
Better Buy Insurance 167
Brightstar Corp. 168
Gadget Cover 170
Insurance2go 172
Liberty Mutual Insurance Group 173
O2 Mobile Insurance 175
Pier Insurance Managed Services 176
ProtectCELL 177
Protect your Bubble 178
Salt Insurance Services Limited 179
Sunrise Communications AG 180
Swisscom 182
Switched on Insurance 184
Three Ireland (Hutchison) Limited 186
Tinhat 187
Trov, Inc. 188
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