Wednesday, 9 September 2015

Mobile Phone Insurance Ecosystem Industry Verticals and Forecasts 2014 - 2020


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. 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.


Chapter 1: Introduction 10
1.1 Executive Summary 10
1.2 Topics Covered 11
1.3 Historical Revenue & Forecast Segmentation 11
1.4 Key Questions Answered 12
1.5 Key Findings 12
1.6 Methodology 13
1.7 Target Audience 14
1.8 Companies & Organizations Mentioned 15

Chapter 2: An Overview of Mobile Phone Insurance 17
2.1 The Role of Insurance in Our Daily Lives 17
2.2 Why Have Mobile Phone Insurance? 18
2.3 What Risks Are Typically Covered?
2.4 Distribution Channels for Insurance Plans 20
2.5 Market Drivers 21
2.6 Market Barriers 23

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Chapter 3: Value Chain & Future Roadmap 25
3.1 Value Chain 25
3.2 Future Roadmap: 2015 - 2020

 Chapter 4: Case Studies 29
4.1 Telefónica Insurance: A Wireless Carrier Owned Insurance Company 29
4.2 Asurion: Dominance in North America 29
4.3 eSecuritel: Increasing Insurance Revenue for a Rural Carrier 30
4.4 MTN: Innovating Insurance Programs in Africa 30
4.5 Microsoft: Alliances with Local Insurance Regulators 31
4.6 NTT DoCoMo: Pioneering Mobile Phone Insurance in Japan 32

Chapter 5: Key Market Players 33
5.1 ACE European Group 33
5.2 Allianz Insurance 33
5.3 AmTrust International Underwriters 34
5.4 Assurant 35
5.5 Asurion 36
5.6 Aviva 37
5.7 Brightstar Corporation (eSecuritel) 38
5.8 Carphone Warehouse 39
5.9 Geek Squad 40
5.10 GoCare Warranty Group 40

 Chapter 6: Market Analysis & Forecasts 51
 6.1 Global Mobile Phone Insurance Revenue: 2015 - 2020 51
6.2 Regional Segmentation 52
6.3 Asia Pacific 53
6.4 Eastern Europe 62
6.5 Latin & Central America 69
6.6 Middle East & Africa 76
6.7 North America 85
6.8 Western Europe 87

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? 96
7.6 Key Trends Regarding Consumers' Purchase of Mobile Device Insurance 97
7.7 Need for a Wider Range of Cover Options 97
7.8 What is the Average Price of Device Insurance? 97
7.9 How is Insuring Affecting Mobile Phone Designs? 98
7.10 Product Design & Governance: Key to Success 98


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