Market Research Store has added a new research reports titled "The Mobile Phone Insurance Ecosystem 2015 to 2020 - Opportunities, Challenges, Strategies & Forecasts" to its report store.

Deerfield Beach, FL -- (SBWire) -- 08/13/2015 --The ""Mobile Phone Insurance Ecosystem Market: 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.

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.

Market 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.

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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 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:
The report covers the following topics:
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

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