This exclusive report will provide you with the market size and forecast (US$ Mn) for the global market and its segments for the period from 2015 to 2030 along with the growth rate (CAGR) from 2017 to 2030

Albany, NY -- (SBWire) -- 01/09/2018 --Regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Middle East and Africa and Latin America. The segmentation also includes by types, by key players and application in all regions. These include different business strategies adopted by the leading players and their recent developments. The segmentation also includes by types, by key players and application in all regions.

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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.

Most major mobile operators, 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 $20.5 Billion in revenue by the end of 2017. The market is further expected to grow at a CAGR of approximately 10% over the next three years, eventually accounting for more than $27 Billion in revenue by the end of 2020.

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The "Mobile Phone Insurance Ecosystem: 2017 – 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 2017 through to 2030. The forecasts are segmented for 3 sales channels, 5 regions and 25 countries.

The report comes with an associated Excel datasheet suite covering quantitative data from all numeric forecasts presented in the report.

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 80 leading ecosystem players
Strategic recommendations for ecosystem players
Market analysis and forecasts from 2017 till 2030

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Forecast Segmentation

Market forecasts are provided for each of the following submarkets and their categories:

Sales Channel Segmentation

Mobile Operators
Device OEMs
Retailers & Others
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 mobile operators in reducing churn?
What strategies should mobile operators, device OEMs and insurance providers adopt to remain competitive?

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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 to account for $20.5 Billion in revenue by the end of 2017. The market is further expected to grow at a CAGR of approximately 10% over the next three years, eventually accounting for more than $27 Billion in revenue by the end of 2020.
In an effort to boost the uptake of their mobile phone insurance plans, mobile operators and insurance providers have extensively enhanced their offerings with a number of differentiating features such as multi-device coverage, integrated device security apps, prioritized technical support, door-to-door repair services and secure data storage for photos and videos.
To accelerate the adoption of mobile phone insurance in developing markets, mobile operators are experimenting with an array of strategies ranging from complimentary insurance schemes to bundling insurance with inexpensively priced mobile security offerings.
Many smartphone OEMs – including Apple, Samsung, HTC, Acer, Motorola Mobility and Xiaomi – already offer their own branded protection plans across multiple countries, and others are expected to follow suit. By the end of 2020, OEM branded plans will account for a market worth nearly $4.5 Billion.
List of Companies Mentioned

A Wireless
Acer
AIG (American International Group)
Allianz Insurance
Allianz SE Group
Allstate Corporation
América Móvil
AmTrust Financial Services
AmTrust International Underwriters
AmTrust Mobile Solutions
Aon
Appalachian Wireless
Apple
Assurant
Asurion
ASUS (ASUSTeK Computer)
AT&T
Avast Software
AVG Technologies
Aviva
AXA
Barclays
BBVA Seguros
Best Buy
BlackBerry
BNP Paribas
BNP Paribas Cardif
Bouygues Telecom
Brightstar Corporation
BT Group
Cellebrite
CGU Insurance
Chubb
Claro
CNA Financial Corporation
Conecta Serviços
CWS (Connected World Services)
Diamond Wireless
Dixons Carphone
DT (Deutsche Telekom)
EE
Endsleigh Insurance Services
eSecuritel
Fonesure
Fortegra Financial Corporation
Freedom Mobile
Garantec
Geek Squad
Groupama Banque
Grupo MOK (MultiServicios OK)
HL Assurance
Hollard Group
Hong Leong Group
HSBC
HTC Corporation
IAG (Insurance Australia Group)
IC Frith
Ingram Micro
Inhance Technology
iQmetrix
Itaú Unibanco
Kaspersky Lab
KB Financial Group
KB Insurance
KPN
Lenovo
Liberty Mutual Insurance Group
Lifestyle Services Group
Lookout
M1
Markerstudy
McAfee
Microsoft Corporation
Mobi PCS
Mobile Rhino (Stuckey & Company)
Mobilogy
Motorola Mobility
MPI Generali
MTN
Munich Re
NIA (New India Assurance)
Nippon Life Insurance
Nokia
NQ Mobile
NTT DoCoMo
Optus
Orange
Pacífico Seguros
Pier Insurance Managed Services
Pitzi
Protecsure
ProtectCELL
Rakuten
Risk Insure
Safeware
Salt Mobile
Samsung Electronics
SFR
Simplesurance
Singtel
SoftBank Corporation
Sony Mobile Communications
So-Sure
Spark New Zealand
SPB
Sprint Corporation
SquareTrade
StarHub
Sun Corporation
Supercover Insurance
SURE
Swisscom
Symantec Corporation
Telcel
Telefónica Group
Telefónica Insurance
Telstra
Telus
The Warranty Group
Three Ireland (Hutchison)
T-Mobile USA
Tokio Marine
Trend Micro
Verizon Communications
V-Key Solutions
Vodafone Group
Warrantech
Worth Avenue Group
Zimperium
Zurich Insurance Group