The mobile phone insurance ecosystem market size, share, growth & research report 2015 – 2020

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The Mobile Phone Insurance Ecosystem Market Size, Share, Growth & Research Report 2015 – 2020: Radiant Insights, Inc Given the increasing prevalence of expensive household goods, cars and consumer electronics, insurance has become an unavoidable and often necessary cost in modern life. Mobile phones, and smartphones in particular are no exception to this trend. Most major wireless carriers, insurance specialists, device OEMs, retailers and even banks now offer insurance plans that cover theft, loss, malfunctions and damage of mobile phones. Many policies now also integrate enhanced technical support and additional protection features such as data backup facilities, allowing users to securely backup their phone data online. Browse Full Report With TOC @ http://www.radiantinsights.com/research/the-mobile-phoneinsurance-ecosystem-2015-2020-opportunities-challenges-strategies-forecasts SNS Research estimates that the global mobile phone insurance market is expected for account for nearly $31 Billion in revenue by the end of 2015. The market is further 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 "Mobile Phone Insurance Ecosystem: 2015 – 2020 - Opportunities, Challenges, Strategies & Forecasts" report presents an in-depth assessment of the mobile phone insurance ecosystem including market drivers, challenges, opportunities, value chain, future roadmap, case studies, ecosystem player profiles and strategies. The report also presents market size forecasts from 2015 through to 2020. The forecasts are segmented for 6 regional and 64 country level markets. The report comes with an associated Excel datasheet suite covering quantitative data from all numeric forecasts presented in the report.

Key Findings: The report has the following key findings: - SNS Research estimates that the global mobile phone insurance market is expected for account for nearly $31 Billion in revenue by the end of 2015 - The market is further 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 - In an effort to boost the uptake of mobile phone insurance, wireless carriers and insurance providers have extensively enhanced their insurance offerings with the addition of data protection/recovery features and integrated technical support - Mobile device OEMs are keen to develop alliances with local insurance regulators to improve the sales prospects of their smartphones sold through their branded retail stores


Topics Covered: The report covers the following topics: - Mobile phone insurance ecosystem - Market drivers and barriers - Insurance policy structure, distribution channels and key trends - Industry roadmap, value chain and case studies - Profiles and strategies of 24 leading ecosystem players - Strategic recommendations for ecosystem players - Market analysis and forecasts from 2015 till 2020 Browse Full Report With TOC @ http://www.radiantinsights.com/research/the-mobile-phoneinsurance-ecosystem-2015-2020-opportunities-challenges-strategies-forecasts Historical Revenue & Forecast Segmentation: Market forecasts are provided for the following regional and country level submarkets: Regional Segmentation - Asia Pacific - Eastern Europe - Latin & Central America - Middle East & Africa - North America - Western Europe

Country Level Segmentation - Algeria, Argentina, Australia, Austria, Belgium, Bolivia, Brazil, Bulgaria, Canada, Chile, China, Colombia, Croatia, Czech Republic, Ecuador, Egypt, France, Germany, Greece, Hong Kong, Hungary, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy, Japan, Kenya, Lithuania, Malaysia, Mexico, Morocco, Netherlands, New Zealand, Nigeria, Pakistan, Paraguay, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, Slovak Republic, South Africa, South Korea, Spain, Sudan, Sweden, Taiwan, Tanzania, Thailand, Tunisia, Turkey, UK, Ukraine, Uruguay, USA, Venezuela and Vietnam


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 help wireless carriers in reducing churn? - What strategies should wireless carriers, device OEMs and insurance providers adopt to remain competitive? Browse Full Report With TOC @ http://www.radiantinsights.com/research/the-mobile-phoneinsurance-ecosystem-2015-2020-opportunities-challenges-strategies-forecasts Table of Contents 1

Chapter 1: Introduction

10

1.1

Executive Summary

1.2

Topics Covered 11

1.3

Historical Revenue & Forecast Segmentation

1.4

Key Questions Answered

1.5

Key Findings

12

1.6

Methodology

13

1.7

Target Audience

1.8

Companies & Organizations Mentioned 15

2

Chapter 2: An Overview of Mobile Phone Insurance 17

2.1

The Role of Insurance in Our Daily Lives

10

11

12

14

17


2.2

Why Have Mobile Phone Insurance?

18

2.3

What Risks Are Typically Covered?

19

2.3.1

Accidental, Malicious or Liquid Damage

2.3.2

Electrical or Mechanical Breakdown

2.3.3

Theft or Loss

2.3.4

Unauthorized Calls & Usage

2.3.5

Data Backup Facilities 19

2.3.6

Overseas Cover 20

2.3.7

Accessories

2.3.8

Others 20

19

19

19 19

20

Browse Full Report With TOC @ http://www.radiantinsights.com/research/the-mobile-phoneinsurance-ecosystem-2015-2020-opportunities-challenges-strategies-forecasts 2.4

Distribution Channels for Insurance Plans

20

2.4.1

Wireless Carrier Branded

2.4.2

OEM-Provided 21

2.4.3

Associated with Bank Accounts 21

2.4.4

Retailers

2.4.5

Other Direct-to-Consumer

2.5

Market Drivers 21

2.5.1

Growing Penetration of Smartphones

2.5.2

BYOD: Perfect Candidates for Insurance

2.5.3

Reducing Service Disruption

2.5.4

Proliferation of Large Screen Devices

2.5.5

Packaged Policies

2.5.6

Strong Support of Tier 1 Wireless Carriers

2.5.7

Growth of Mobile Payments: Creating New Opportunities for Insurance 23

20

21 21

21 22

22 22

22 23


2.6

Market Barriers 23

2.6.1

Consumer Disbelief in Insurance

2.6.2

Unclear Terms & Conditions

2.6.3

Fraud 24

2.6.4

Slow & Unfair Claims Handling 24

2.6.5

Time Limitation to Purchase Policy

23

24

24

Browse Full Report With TOC @ http://www.radiantinsights.com/research/the-mobile-phoneinsurance-ecosystem-2015-2020-opportunities-challenges-strategies-forecasts 3

Chapter 3: Value Chain & Future Roadmap 25

3.1

Value Chain

3.1.1

Wireless Carriers

3.1.2

Mobile Device OEMs 26

3.1.3

Banks 26

3.1.4

Retailers

3.1.5

Underwriters & Insurance Administrators

3.2

Future Roadmap: 2015 - 2020

3.2.1

2013 - 2015: The Rise of Shared Plans with Home, Travel & Bank/Card Insurance

3.2.2

2015 - 2017: Integration of Other Connected Devices

3.2.3

2017 - 2020: Growing Proliferation in Developing Economies

4

Chapter 4: Case Studies

4.1

Telef贸nica Insurance: A Wireless Carrier Owned Insurance Company

4.2

Asurion: Dominance in North America 29

4.3

eSecuritel: Increasing Insurance Revenue for a Rural Carrier

4.4

MTN: Innovating Insurance Programs in Africa 30

4.5

Microsoft: Alliances with Local Insurance Regulators

25 25

26 26

27

28 28

29

31

30

29

27


4.6

NTT DoCoMo: Pioneering Mobile Phone Insurance in Japan

5

Chapter 5: Key Market Players

5.1

ACE European Group 33

5.2

Allianz Insurance

5.3

AmTrust International Underwriters

5.4

Assurant

5.5

Asurion 36

5.6

Aviva 37

5.7

Brightstar Corporation (eSecuritel)

32

33

33 34

35

38

Browse Full Report With TOC @ http://www.radiantinsights.com/research/the-mobile-phoneinsurance-ecosystem-2015-2020-opportunities-challenges-strategies-forecasts 5.8

Carphone Warehouse

39

5.9

Geek Squad

5.10

GoCare Warranty Group

5.11

Hollard Group 41

5.12

iQmetrix

5.13

Liberty Mutual Insurance Group 42

5.14

Mobile Rhino (Stuckey & Company)

5.15

NIA (New India Assurance)

5.16

NQ Mobile

5.17

Pier Insurance Managed Services

5.18

ProtectCELL

5.19

Protect Your Bubble

5.20

SPB

5.21

Safeware

40 40

41

42

43

44

45

47 48

46

45


5.22

SquareTrade

48

5.23

Supercover Insurance

49

5.24

Telef贸nica Insurance

50

6

Chapter 6: Market Analysis & Forecasts

6.1

Global Mobile Phone Insurance Revenue: 2015 - 2020

6.2

Regional Segmentation 52

6.3

Asia Pacific

53

6.3.1

Australia

54

6.3.2

China 54

6.3.3

Hong Kong

51 51

55

Browse Full Report With TOC @ http://www.radiantinsights.com/research/the-mobile-phoneinsurance-ecosystem-2015-2020-opportunities-challenges-strategies-forecasts 6.3.4

India

55

6.3.5

Indonesia

6.3.6

Japan 56

6.3.7

South Korea

57

6.3.8

Malaysia

57

6.3.9

New Zealand

58

56

6.3.10 Pakistan

58

6.3.11 Philippines

59

6.3.12 Singapore

59

6.3.13 Taiwan 60 6.3.14 Thailand

60

6.3.15 Vietnam

61

6.3.16 Rest of Asia Pacific

61


6.4

Eastern Europe 62

6.4.1

Bulgaria

6.4.2

Croatia 63

6.4.3

Czech Republic 64

6.4.4

Hungary

64

6.4.5

Lithuania

65

6.4.6

Poland 65

6.4.7

Romania

6.4.8

Russia 66

6.4.9

Slovak Republic

63

66

67

Browse Full Report With TOC @ http://www.radiantinsights.com/research/the-mobile-phoneinsurance-ecosystem-2015-2020-opportunities-challenges-strategies-forecasts 6.4.10 Ukraine 67 6.4.11 Rest of Eastern Europe 68 6.5

Latin & Central America

6.5.1

Argentina

6.5.2

Bolivia 70

6.5.3

Brazil 71

6.5.4

Chile

6.5.5

Colombia

72

6.5.6

Ecuador

72

6.5.7

Mexico 73

6.5.8

Paraguay

6.5.9

Peru

70

71

73

74

6.5.10 Uruguay

74

6.5.11 Venezuela

75

69


6.5.12 Rest of Latin & Central America 6.6

Middle East & Africa

6.6.1

Algeria 77

6.6.2

Egypt 77

6.6.3

Iran

78

6.6.4

Iraq

78

6.6.5

Israel

79

6.6.6

Kenya 79

6.6.7

Morocco

6.6.8

Nigeria 80

75

76

80

Browse Full Report With TOC @ http://www.radiantinsights.com/research/the-mobile-phoneinsurance-ecosystem-2015-2020-opportunities-challenges-strategies-forecasts 6.6.9

Saudi Arabia

81

6.6.10 South Africa

81

6.6.11 Sudan 82 6.6.12 Tanzania

82

6.6.13 Tunisia 83 6.6.14 Rest of the Middle East 83 6.6.15 Rest of Africa 84 6.7

North America 85

6.7.1

Canada 86

6.7.2

USA

6.8

Western Europe 87

6.8.1

Austria 88

6.8.2

Belgium

6.8.3

France 89

86

88


6.8.4

Germany

89

6.8.5

Greece 90

6.8.6

Ireland 90

6.8.7

Italy

6.8.8

Netherlands

91

6.8.9

Portugal

92

91

6.8.10 Spain 92 6.8.11 Sweden 93 6.8.12 Turkey 93 6.8.13 UK

94

6.8.14 Rest of Western Europe 94 Browse Full Report With TOC @ http://www.radiantinsights.com/research/the-mobile-phoneinsurance-ecosystem-2015-2020-opportunities-challenges-strategies-forecasts 7 Chapter 7: Conclusion & Strategic Recommendations 95 7.1

Why is the Market Poised to Grow?

95

7.2

How Does Insurance Impact Wireless Carriers? 95

7.3

Are Carrier Branded Plans Better Than Shared Plans (Home, Travel & Bank Insurance)? 96

7.4

How Does the Brand of the Mobile Device Relate to the Consumer Adoption of Insurance? 96

7.5

Are Contract Mobile Customers More Likely to Adopt Insurance?

7.6

Key Trends Regarding Consumers' Purchase of Mobile Device Insurance 97

7.7

Need for a Wider Range of Cover Options

7.8

What is the Average Price of Device Insurance? 97

7.9

How is Insuring Affecting Mobile Phone Designs?

7.10

Product Design & Governance: Key to Success 98

7.11

Wireless Carrier Owned Insurance Groups: The Answer for Coordinated Insurance Offerings 98

96

97

98


7.12

Integrated Solutions to Lead the Market 99

7.13

Strategic Recommendations

99

7.13.1 Recommendations for Wireless Carriers 99 7.13.2 Recommendations for Mobile Device OEMs

100

7.13.3 Recommendations for Retailers & Banks

100

7.13.4 Recommendations for Underwriters & Insurance Administrators 100 Browse Full Report With TOC @ http://www.radiantinsights.com/research/the-mobile-phoneinsurance-ecosystem-2015-2020-opportunities-challenges-strategies-forecasts About Radiant Insights Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions. For More Information, Visit Radiant Insights Contact: Michelle Thoras Corporate Sales Specialist, USA Radiant Insights, Inc Phone: 1-415-349-0054 Toll Free: 1-888-202-9519 Email: sales@radiantinsights.com Blog URL: http://chemicalmaterialsmarket.blogspot.in/


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