Description :
The " Mobile Phone Insurance Revenue Forecasts : 2016-2030 " datasheet presents market size forecasts for the mobile phone insurance market from 2016 through to 2030 . The forecasts are segmented for 5 regional and 25 country level markets . Historical figures are also presented for 2015 .
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 .
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SNS Research estimates that the global mobile phone insurance market is expected to account for nearly $ 20 Billion in revenue by the end of 2016 . The market is further expected to grow at a CAGR of approximately 12 % over the next four years , eventually accounting for over $ 30 Billion in revenue by the end of 2020 .
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 .
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For more information contact sales @ orbisresearch . com Table of Contents :
Regional Segmentation - Asia Pacific - Europe - Latin & Central America - Middle East & Africa - North America
Country Level Segmentation - Argentina - Australia - Brazil - Canada - China - Colombia
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