Thursday, 14 June 2018

Research of The Mobile Phone Insurance Market : Share, Trends and Application 2018-2030

ResearchMoz presents professional and in-depth study of "The Mobile Phone Insurance Ecosystem: 2016 - 2030 - Opportunities, Challenges, Strategies & Forecasts".

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.

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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.

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.

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.

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.

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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?

Countries covered:
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

List of Companies Mentioned:

The following companies and organizations have been reviewed, discussed or mentioned in the report:

    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

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    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

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    Supercover Insurance
    Swisscom
    Telefónica Group
    Telefónica Insurance
    Telstra
    T-Mobile USA
    Tokio Marine
    Verizon Communications
    Verizon Wireless
    V-Key Solutions
    Vodacom
    Vodafone Group

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