Dublin, April 16, 2019 (GLOBE NEWSWIRE) -- The "Mobile Phone Insurance Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
The global mobile phone insurance market was valued at US$ 22.6 Billion in 2018. Looking forward, the publisher expects the market to reach a value of US$ 38.1 Billion by 2024, registering a CAGR of around 9% during 2019-2024.
The increasing number of smartphones users and rising incidences of accidental damage, phone thefts, device malfunction, etc., are among the key factors driving the global mobile phone insurance market.
Mobile phones are highly prone to physical and technical damages, and the rising cost of smartphones is driving the consumers towards opting for mobile phone insurance policies.
Collaborations among mobile phone manufacturers and insurance regulators are also driving the market globally.
Insurance vendors in the market are improving the policies with recovery features, data protection, and extensive technical support to the consumers while they claim their insurance.
Moreover, the emergence of multichannel interaction, direct-to-consumer insurance assistance, online transaction platforms, etc, are also driving the global mobile phone insurance market further.
Other factors driving the market include rising demand of data and virus protection plans, improving access through improved distribution networks, rising demand of premium smart phones, etc.
Key Questions Answered
Topics Covered
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Mobile Phone Insurance Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Phone Type
5.4 Market Breakup by Coverage
5.5 Market Breakup by Distribution Channel
5.6 Market Breakup by End-User
5.7 Market Breakup by Region
5.8 Market Forecast
6 Market Breakup Phone Type
6.1 New Phone
6.2 Refurbished
7 Market Breakup by Coverage
7.1 Physical Damage
7.2 Electronic Damage
7.3 Virus Protection
7.4 Data Protection
7.5 Theft Protection
8 Market Breakup by Distribution Channel
8.1 Mobile Operators
8.2 Device OEMs
8.3 Retailers
8.4 Online
8.5 Others
9 Market Breakup by End-User
9.1 Corporate
9.2 Personal
10 Market Breakup by Region
10.1 Europe
10.2 North America
10.3 Asia Pacific
10.4 Middle East and Africa
10.5 Latin America
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 AIG
15.3.2 Allianz Insurance
15.3.3 AmTrust International Underwriters
15.3.4 Apple
15.3.5 AT&T
15.3.6 AXA
15.3.7 Deutsche Telekom
15.3.8 Liberty Mutual Insurance Group
15.3.9 Pier Insurance Managed Services
15.3.10 Samsung Electronics
15.3.11 SoftBank Corporation
15.3.12 Sprint Corporation
15.3.13 Telefonica Insurance S.A.
15.3.14 Verizon Communications
15.3.15 Vodafone Group
15.3.16 Xiaomi
15.3.17 Orange
For more information about this report visit https://www.researchandmarkets.com/r/m6ecj1
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