Mobile Phone Insurance Market: high potential in APAC region during 2015-2020 owing to high population.

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The Mobile Phone Insurance Ecosystem 2015- 2020-
Opportunities, Challenges, Strategies Forecasts
Published on - 02 January, 2015 No of
Pages 101  Single User Price 2500
Mobile Phone Insurance Market Expected to be
over 48 billion by the end of 2020.
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• Mobile phone insurance is the insurance given for
  the mobile device in case it gets damaged it is
  recovered with in the phone warranty time.
• Mobile phone claims can be made to the insurance
  companies for various risks. The Mobile Phone
  Insurance Market with different types of
  insurances for different period of time across
  the globe by various companies during 2015-2020.
• The Mobile Phone Insurance Market is dominant in
  the North America region with many mobile owners
  signing for phone insurance.
• Asurion is the one of the prominent mobile phone
  insurance company in the North America.
• Likewise NTT DoCoMo is dominating Japans market
  for insuring mobile phones.

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• The APAC region is the largest region for the
  Mobile Phone Insurance Market. India and China
  are very potential regions for this market owing
  to high population in the APAC region.
• The population in this region is not much into
  mobile phone insurance yet. Thus, there is a
  great scope in the APAC region.
• It is 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 Europe, both eastern and western Europe is
  expected to witness high use of the mobile
  insurance to safeguard their devices against
  various risks.
• The Mobile Phone Insurance Market in Europe is
  expected to witness high growth in upcoming years.

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• The Mobile Phone Insurance Market is segmented
  into various categories by risks covered, by
  distribution channels and by geography.
• By risks covered accidental, malicious or liquid
  damage, electrical or mechanical breakdown, theft
  or loss, unauthorized calls and access, data
  backup facilities, overseas cover, accessories
  and others
• By distribution channels wireless carrier
  brands, OEM provided, associated with bank
  accounts, retailers and other direct to customer
• By geography Asia Pacific, Eastern Europe,
  Middle East and Africa, North America, Latin and
  Central America, Rest of Western Europe

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• Some of the prolific players in the Mobile Phone
  Insurance Market are as follows
• Asurion
• NTT DoCoMo
• Aviva
• protectCELL
• iQmetrix
• The Mobile Phone Insurance Market is a rapidly
  growing market with rise of mobile phone buyers
  in the world. This market is expected to witness
  high growth with rise in mobile phone users and
  different types of recovery options that a mobile
  phone gets during 2015-2020.

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6
The Mobile Phone Insurance Ecosystem 2015- 2020-
Opportunities, Challenges, Strategies Forecasts
A detailed qualitative analysis of the factors
responsible for driving and restraining growth of
the Mobile Phone Insurance Market and future
opportunities are provided in the report.
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Insurance Market Report