Global Mobile Phone Insurance Market Size to Reach USD 103.65 Billion by 2028, At Growth Rate (CAGR) of 18.7%

Global Mobile Phone Insurance Market was valued at USD 31.22 Billion in 2021 and is expected to reach USD 103.65 Billion by the year 2028, at a CAGR of 18.7%.

mobile phone insurance can be used for education, entertainment, and conducting digital transactions. The increased use of smartphones for storing personal information and conducting digital transactions has necessitated the need for mobile device security. This pattern is expected to accelerate business growth during the prediction period. Because of the fierce competition in mobile phone insurance market, mobile insurance saves time in a variety of ways, including by quick claim procedures. By buying an insurance package with a low premium, one may avoid significant harm incurred by rising mobile device prices.

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Major Key Players Covered Mobile Phone Insurance Market: -

  • AIG
  • Apple
  • AXA
  • Asurion
  • Assurant
  • Hollard Group
  • Chubb (ACE)
  • SoftBank
  • Allianz Insurance
  • AmTrust
  • Aviva

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Segmentation of Mobile Phone Insurance Market: -

By Phone Type 

  • Budget Phones
  • Mid & High-End Phones
  • Premium Smartphones

By Coverage Type          

  • Physical Damage
  • Internal Component Failure
  • Theft & Loss Protection

By Sales Channel           

  • Retail
  • Online

By End users     

  • Business
  • Individual

 By Region         

  • North America (US, Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Market Analysis and Insights: Global Mobile Phone Insurance Market

The market for Mobile Phone Insurance is divided into regions, countries, companies, types, applications, and sales channels. Players, stakeholders, and other market participants in the global Mobile Phone Insurance Market will get an advantage by utilising the study as a valuable resource. For the years 2022-2028, the segmentation study focuses on sales, revenue, and forecasts by region, nation, firm, type, application, and sales channels.

Table of content: -

Chapter 1: Introduction

Chapter 2: Executive Summary

Chapter 3: Growth Opportunities by Segment

Chapter 4: Market Landscape

Chapter 5: Mobile Phone Insurance Market by Type

Chapter 6: Mobile Phone Insurance Market by Component

Chapter 7: Mobile Phone Insurance Market by End-User

Chapter 8: Company Profiles and Competitive Analysis

Chapter 9: Global Mobile Phone Insurance Market Analysis, Insights and Forecast, 2017-2030

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Akshit Shetty

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