Mobile Phone Insurance Ecosystem Market

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.

Mobile Phone Insurance Ecosystem Market contains market size and forecasts of Mobile Phone Insurance Ecosystem in Global, including the following market information:

Global Mobile Phone Insurance Ecosystem Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Mobile Phone Insurance Ecosystem market was valued at 30690 million in 2021 and is projected to reach US$ 52410 million by 2028, at a CAGR of 7.9% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Wireless Carriers Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Mobile Phone Insurance Ecosystem include Allianz Insurance, AmTrust International Underwriters, Assurant, Asurion, Aviva, Brightstar Corporation, Geek Squad, GoCare Warranty Group and Apple and etc. In 2021, the global top five players have a share approximately % in terms of revenue.

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, 2017-2022, 2023-2028 ($ millions)

Global Mobile Phone Insurance Ecosystem Market Segment Percentages, by Type, 2021 (%)

Wireless Carriers

Insurance Specialists

Device OEMs

Retailers

Global Mobile Phone Insurance Ecosystem Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Mobile Phone Insurance Ecosystem Market Segment Percentages, by Application, 2021 (%)

Physical Damage

Theft & Loss

Others

Global Mobile Phone Insurance Ecosystem Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Mobile Phone Insurance Ecosystem Market Segment Percentages, By Region and Country, 2021 (%)

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, 2017-2022 (estimated), ($ millions)

Key companies Mobile Phone Insurance Ecosystem revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Allianz Insurance

AmTrust International Underwriters

Assurant

Asurion

Aviva

Brightstar Corporation

Geek Squad

GoCare Warranty Group

Apple

American International Group, Inc.