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Technavio Announces Top Five Vendors in the Global Mobile Phone Insurance Market from 2016 to 2020Technavio has announced the top five leading vendors in their recent global mobile phone insurance market report until 2020. This research report also lists four other prominent vendors that are expected to impact the market during the forecast period. Competitive vendor landscape According to the report, there are different types of mobile insurance companies, retailer (specialists in consumer electronics, department stores, and supermarkets), MNOs (including mobile virtual network operator), and manufacturers of mobile gadgets. These distributors of mobile phone insurance provide cover for each of accidental damage, loss, theft, and unauthorized usage in addition to technical breakdown, whether distribution channels have been developed for the sale of extended warranty or insurance cover that is independent of MNOs, manufacturers, and retailers. "There has been a growing trend for gadget protection as customers opt for mobile insurance, including extended warranty and theft protection. The analysts at Technavio observed that the customers are willing to pay a single annual premium to safeguard the phone from accidental loss or theft. Top mobile companies are expected to have a strategic approach for partnerships with mobile insurance market ecosystem stakeholders during the forecast period to ensure market growth," says Amit Sharma, lead analyst from Technavio. The mobile phone insurance is also growing rapidly where insurance providers offer innovative coverage policy and schemes. It is important for stakeholders to manage the regulatory, business, and client risks as models and regulatory responses are still at a nascent stage. Increasing number of value-added services, such as discounts at retail stores, are expected to be introduced in the market that can be offered in combination with mobile phone insurance during the forecast period. This will bring in growth to the global mobile phone insurance market. Request sample report: http://goo.gl/pJ95s8 Top five mobile phone insurance vendors Asurion is a technological firm that focuses on offering mobile protection insurance along with technology warranty support services to its customers worldwide. The company also provides mobile protection services that enable saving for replacement devices if stolen, lost, or damaged; resolve technical questions; offer next-day replacement of devices; restore data stored in mobiles with applications; secure privacy; locate the phone; and improve the battery life with the help of mobile applications. The company is an expert in offering phne insurance to protect the remote control system of the user's connected technological devices. Its products help avoid the full payment of retail costs for a replacement device. This is beneficial to a user opting for lease or are paying off their phones. The company also provides replacement devices in less than 24 hours that comes with a one-year warranty. Aviva Aviva offers all types of life and general insurance that covers motor, fire, marine, transport, and aviation. The company is known for supplying many financial services such as stockbroking, unit trusts, fund management, and long-term savings. Aviva provides home insurance products that reduce the waiting time for customers to replacing their personal belongings that include mobile phones in case of damage or theft. Its insurance plans offer a range of coverage along with many optional policy features that suit the insurer's personal requirement. iQmetrix iQmetrix is known for offering software as a service (SaaS (News - Alert)) retail management along with customer experience technology solutions to the wireless and cellular, and retail industries in Canada. It has offices located in the US, Canada, and Australia. The company has a strong portfolio of partners to enhance its capability along with its footprint. Its partners include Brightstar, Ingram Micro, Chase Paymentech, Envysion (News - Alert), Chatterspot, Fortegra, eSecuritel, AppleCare+, PreCash, and SellPro. This has helped the company to provide training, bill pay services, protection and warranty, analytics, biometric security, payment processing, and vendor managed inventory. NTT DOCOMO is an expert player in the telecommunications industry. The company is focused on offering mobile communications services in Japan. It provides data, voice, and other value-added services; public wireless local area network (LAN) and international calling roaming services; office link (a service allowing mobile phones to be used as internal lines); Business Mopera Anshin Manager enabling unified control of corporate mobile phones along with satellite cell phone services. The company functions as a subsidiary of Nippon Telegraph and Telephone. NTT DOCOMO provides mobile device protection services; machine-to-machine (M2M) services; DOCOMO DriveNet Info, a service to support car life; in-vehicle information or communication platform; and data connectivity services. It sells its products with the help of distributors and stores along with online sales on its website. ProtectCELL ProtectCELL is focused on offering plans for its customers to protect their phone investments with extended coverage against mechanical failure and optional coverage against theft, loss, or damage. The company is also known for delivering savings, security, and online offers for its members. It is currently functioning as the subsidiary of Fortegra Financial. The company has built strong relations with many companies to offer better services to its customers. These alliances have enabled the company to grow significantly along with operating all over North America. Its portfolio includes iQmetrix, Next Jump, Maeglin Software, LifeLock (News - Alert), BLASTmedia, OFFWIRE, Process Pink, and B2B Soft. Browse Related Reports:
Do you need a report on a market in a specific geographical cluster or country but can't find what you're looking for? Don't worry, Technavio also takes client requests. Please contact [email protected] with your requirements and our analysts will be happy to create a customized report just for you. About Technavio Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies. Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users. If you are interested in more information, please contact our media team at [email protected].
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