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The Mobile Phone Insurance Ecosystem: 2017 - 2030 - Opportunities, Challenges, Strategies & ForecastsNEW YORK, Sept. 28, 2017 /PRNewswire/ -- Given the increasing prevalence of expensive household goods, cars and consumer electronics, insurance has become an unavoidable and often necessary cost in modern life. - Retailers & Others Regional Segmentation- Asia Pacific - Europe - Latin & Central America - Middle East & Africa - North America Country Level Segmentation- Argentina, Australia, Brazil, Canada, China, Colombia, France, Germany, Hong Kong, India, Israel, Italy, Japan, Mexico, Netherlands, Poland, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Taiwan, UK & USA Key Questions Answered The report provides answers to the following key questions: - How big is the mobile phone insurance opportunity? - What trends, challenges and barriers are influencing its growth? - How is the ecosystem evolving by region? - What will the market size be in 2020 and at what rate will it grow? - Which countries will see the highest percentage of growth? - Who are the key market players and what are their strategies? - What risks are typically covered in mobile phone insurance offerings? - How can insurance plans help mobile operators in reducing churn? - What strategies should mobile operators, device OEMs and insurance providers adopt to remain competitive? Key Findings The report has the following key findings: - SNS Research estimates that the global mobile phone insurance market is expected to account for $20.5 Billion in revenue by the end of 2017. The market is further expected to grow at a CAGR of approximately 10% over the next three years, eventually accounting for more than $27 Billion in revenue by the end of 2020. - In an effort to boost the uptake of their mobile phone insurance plans, mobile operators and insurance providers have extensively enhanced their offerings with a number of differentiating features such as multi-device coverage, integrated device security apps, prioritized technical support, door-to-door repair services and secure data storage for photos and videos. - To accelerate the adoption of mobile phone insurance in developing markets, mobile operators are experimenting with an array of strategies ranging from complimentary insurance schemes to bundling insurance with inexpensively priced mobile security offerings. - Many smartphone OEMs – including Apple, Samsung, HTC, Acer, Motorola Mobility and Xiaomi – already offer their own branded protection plans across multiple countries, and others are expected to follow suit. By the end of 2020, OEM branded plans will account for a market worth nearly $4.5 Billion. Companies Mentioned • Argentina • Australia • Brazil • Canada • China • Colombia • France • Germany • Hong Kong • India • Israel • Italy • Japan • Mexico • Netherlands • Poland • Russia • Saudi Arabia • Singapore • South Africa • South Korea • Spain • Taiwan • UK • USA Read the full report: https://www.reportlinker.com/p05111276 About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. https://www.reportlinker.com __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 View original content:http://www.prnewswire.com/news-releases/the-mobile-phone-insurance-ecosystem-2017--2030--opportunities-challenges-strategies--forecasts-300528001.html SOURCE Reportlinker |