Mobile Phone Insurance Market Size, Analysis and Forecasts, 2016-2020

The new research “Global Mobile Phone Insurance Market 2016-2020” report includes on RnRMarketResearch.com.

The Global Mobile Phone Insurance Market 2016-2020 report covers the present scenario and the growth prospects of the global mobile phone insurance market for 2016-2020. To calculate the market size, the report considers the premiums earned from mobile phone insurance and extended warranties that are sold in conjunction with the mobile phone market in the Americas, Asia Pacific (APAC), and Europe, the Middle East, and Africa (EMEA).

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The analysts forecast global mobile phone insurance market to grow at a CAGR of 10.47% during the period 2016-2020. The mobile phone insurance refers to the insurance or coverage taken by the cell phone users looking to insure their cell phones from different kinds of damages or losses. The coverage is provided to the insured in case of losses and damages against riot, strike, malicious damage, terrorist activities, fire, theft, accident, and fortuitous circumstances. Mobile phone insurance helps evade expensive replacement costs in case of mobile phone breakdown.

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The report, Global Mobile Phone Insurance Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors : Asurion, Aviva, iQmetrix, NTT DOCOMO, ProtectCELL

Other prominent vendors : AT&T, Sprint, Square Trade, Verizon

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Market driver : Grouping of mobile phone OEMs with local insurance...