Latest News | the Mobile Phone Insurance Ecosystem: 2015 - 2020 Market Share

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Date Submitted: 12/26/2014 05:15 AM

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Most up-to-date research on "The Mobile Phone Insurance Ecosystem: 2015 - 2020 - Opportunities, Challenges, Strategies & Forecasts" to its huge collection of research reports.

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.

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Most major wireless carriers, insurance specialists, device OEMs, retailers and even banks now offer insurance plans that cover the theft, loss, damage and malfunctions in mobile phones. Many policies now also integrate enhanced technical support and additional protection features such as data backup facilities, allowing users to securely back-up their phone data online.

SNS Research estimates that the global mobile phone insurance market is expected for account for nearly $31 Billion in revenue by the end of 2015. The market is further expected to grow at a CAGR of nearly 10% over the next five years, eventually accounting for over $48 Billion in revenue by the end of 2020.

The "Mobile Phone Insurance Ecosystem: 2015 – 2020 - 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 2015 through to 2020. The forecasts are further segmented for 5 regional and 64 country level markets.

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

Key Findings:

The report has the following key findings:

SNS Research estimates...