$20 Billion Revenue, The Mobile Phone Insurance Ecosystem: 2016-2030 – Opportunities, Challenges, Strategies & Forecasts

ResearchMoz added Latest Research Report titled ” The Mobile Phone Insurance Ecosystem: 2016 – 2030 – Opportunities, Challenges, Strategies & Forecasts ” to it’s Large Report database.

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 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.

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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.
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Table of Contents

1 Chapter 1: Introduction 10
1.1 Executive Summary 10
1.2 Topics Covered 11
1.3 Forecast Segmentation 12
1.4 Key Questions Answered 13
1.5 Key Findings 14
1.6 Methodology 15
1.7 Target Audience 16
1.8 Companies & Organizations Mentioned 17

2 Chapter 2: An Overview of Mobile Phone Insurance 19
2.1 The Role of Insurance in Our Daily Lives 19
2.2 Why Have Mobile Phone Insurance? 20
2.3 What Risks Are Typically Covered? 21
2.3.1 Accidental, Malicious or Liquid Damage 21
2.3.2 Electrical or Mechanical Breakdown 21
2.3.3 Theft or Loss 21
2.3.4 Unauthorized Calls & Usage 21
2.3.5 Data Backup Facilities 22
2.3.6 Overseas Cover 22
2.3.7 Accessories 22
2.3.8 Others 22
2.4 Distribution Channels for Insurance Plans 22
2.4.1 Wireless Carrier Branded 23
2.4.2 OEM-Provided 23
2.4.3 Associated with Bank Accounts 23
2.4.4 Retailers 23
2.4.5 Other Direct-to-Consumer 23

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