The Worldwide Mobile Phone Insurance Industry is Expected to Reach $67 Billion by 2027'


(MENAFN- PR Newswire)

DUBLIN, April 25, 2022 /PRNewswire/ -- The 'Global Mobile Phone Insurance Market (2022-2027) by Phone Type, Distribution Channel, Coverage, End-User, and Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis' report has been added to ResearchAndMarkets.com's offering.

The Global Mobile Phone Insurance Market is estimated to be USD 39.56 Bn in 2022 and is expected to reach USD 67 Bn by 2027, growing at a CAGR of 11.112%.Market dynamics are forces that impact the prices and behaviors of the Global Mobile Phone Insurance Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Apple Inc., - American International Group, Inc., Assurant, Inc., Asurion, AT&T Inc., AmTrust Financial., Brightstar Corp., etc. Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of - Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of - Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA.
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc. Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Mobile Phone Insurance Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.The analyst analyses Global Mobile Phone Insurance Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position. Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth. Why buy this report?

  • The report offers a comprehensive evaluation of the Global Mobile Phone Insurance Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Key Topics Covered: 1 Report Description 2 Research Methodology 3 Executive Summary 4 Market Dynamics 4.1 Drivers4.1.1 Increased Risk of Non-Payment4.1.2 Increasing Digitization of Financial Services 4.1.3 Increase in Business Operations 4.1.4 Growth in Strict Terms and Conditions4.2 Restraints4.2.1 Complex Governing Rules 4.2.2 Adds More Cost on Doing Business4.3 Opportunities4.3.1 Advancements in Technologies4.3.2 Demand for Customized Trade Services4.4 Challenges4.4.1 Fraud and Cyber Attacks Concerns 5 Market Analysis 5.1 Regulatory Scenario5.2 Porter's Five Forces Analysis5.3 Impact of COVID-195.4 Ansoff Matrix Analysis 6 Global Mobile Phone Insurance Market, By Phone Type 6.1 Introduction6.2 Budget Phone 6.3 Mid and High-End Phones6.4 Premium Smartphone 7 Global Mobile Phone Insurance Market, By Distribution Channel 7.1 Introduction7.2 Offline 7.3 Online 8 Global Mobile Phone Insurance Market, By Coverage 8.1 Introduction8.2 Physical Damage 8.3 Internal Component Failure 8.4 Theft and Loss Protection 8.5 Others 8.5.1 Electronic Damage 8.5.2 Virus Protection 8.5.3 Data Protection 9 Global Mobile Phone Insurance Market, By End-User 9.1 Introduction9.2 Business 9.3 Individual 10 Americas' Mobile Phone Insurance Market 10.1 Introduction10.2 Argentina10.3 Brazil10.4 Canada10.5 Chile10.6 Colombia10.7 Mexico10.8 Peru10.9 United States10.10 Rest of Americas 11 Europe's Mobile Phone Insurance Market 11.1 Introduction11.2 Austria11.3 Belgium11.4 Denmark11.5 Finland11.6 France11.7 Germany11.8 Italy11.9 Netherlands11.10 Norway11.11 Poland11.12 Russia11.13 Spain11.14 Sweden11.15 Switzerland11.16 United Kingdom11.17 Rest of Europe 12 Middle East and Africa's Mobile Phone Insurance Market 12.1 Introduction12.2 Egypt12.3 Israel12.4 Qatar12.5 Saudi Arabia12.6 South Africa12.7 United Arab Emirates12.8 Rest of MEA 13 APAC's Mobile Phone Insurance Market 13.1 Introduction13.2 Australia13.3 Bangladesh13.4 China13.5 India13.6 Indonesia13.7 Japan13.8 Malaysia13.9 Philippines13.10 Singapore13.11 South Korea13.12 Sri Lanka13.13 Thailand13.14 Taiwan13.15 Rest of Asia-Pacific 14 Competitive Landscape 14.1 Competitive Quadrant14.2 Market Share Analysis14.3 Strategic Initiatives14.3.1 M&A and Investments14.3.2 Partnerships and Collaborations14.3.3 Product Developments and Improvements 15 Company Profiles 15.1 Apple Inc.15.2 American International Group, Inc.15.3 Assurant, Inc.15.4 Asurion15.5 AT&T Inc.15.6 AmTrust Financial.15.7 Brightstar Corp.15.8 GoCare Warranty Group15.9 Post Office15.10 Insurance2go15.11 AIG15.12 Allianz Insurance15.13 Aviva 15.14 Better Buy Insurance 15.15 Blackberry Limited15.16 Gadget Cover 15.17 Liberty Mutual Insurance Group 15.18 O2 Mobile Insurance15.19 Syska Gadget secure15.20 OneAssist15.21 SyncNscan 15.22 Times Global15.23 Onsite Go Mobile Insurance15.24 Acko Mobile Insurance 16 Appendix For more information about this report visit

Media Contact:

Research and Markets Laura Wood, Senior Manager [email protected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets

MENAFN25042022003732001241ID1104091428


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.