Report overview
Mobile insurance refers to a type of insurance cover which is available to protect your mobile, iPhone or PDA in the event it is lost, stolen or accidentally damaged, either in the domestic area or overseas. Mobile insurance cover can be taken out on a monthly or annual basis paid by direct debit or in some cases by credit card, some insurers offer an automatic renewal service when the policy expires.
Insurance is a big part of the mobile ecosystem. 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.
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.
This report aims to provide a comprehensive presentation of the global market for Mobile Phone Insurance Ecosystem, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Mobile Phone Insurance Ecosystem. This report contains market size and forecasts of Mobile Phone Insurance Ecosystem in global, including the following market information:
Global Mobile Phone Insurance Ecosystem Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Mobile Phone Insurance Ecosystem market was valued at US$ 26310 million in 2022 and is projected to reach US$ 53140 million by 2029, at a CAGR of 10.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global core mobile phone insurance ecosystem manufacturers include AIG, Apple and AXA etc. The top 3 companies hold a share about 20%. North America is the largest market, with a share about 45%, followed by Europe and Asia Pacific with the share about 30% and 20%.In terms of product, mobile phone operators & retailers is the largest segment, with a share over 53%. And in terms of application, the largest application is physical damage, followed by theft & loss.
We surveyed the Mobile Phone Insurance Ecosystem companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Mobile Phone Insurance Ecosystem Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Mobile Phone Insurance Ecosystem Market Segment Percentages, by Type, 2022 (%)
Mobile Phone Operators & Retailers
Wireless Carrier
Other Channels
Global Mobile Phone Insurance Ecosystem Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Mobile Phone Insurance Ecosystem Market Segment Percentages, by Application, 2022 (%)
Physical Damage
Theft & Loss
Others
Global Mobile Phone Insurance Ecosystem Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Mobile Phone Insurance Ecosystem Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Mobile Phone Insurance Ecosystem revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Mobile Phone Insurance Ecosystem revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
AIG
Apple
AXA
Asurion
Assurant
Hollard Group
Brightstar Corporation
Geek Squad
Allianz Insurance
AmTrust
Aviva
Outline of Major Chapters:
Chapter 1: Introduces the definition of Mobile Phone Insurance Ecosystem, market overview.
Chapter 2: Global Mobile Phone Insurance Ecosystem market size in revenue.
Chapter 3: Detailed analysis of Mobile Phone Insurance Ecosystem company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Mobile Phone Insurance Ecosystem in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
