ReportsWeb- The Mobile Phone Insurance Ecosystem by Opportunit

The Mobile Phone Insurance Ecosystem by Opportunities, Challenges,
Strategies & Forecasts to 2030
ReportsWeb.com published “The Mobile Phone Insurance Ecosystem Market” from its
database. The report covers the market landscape and its growth prospects over the coming
years. The report also includes a discussion of the key vendors operating in this market.
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.
Publisher 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.
For more information about this report: http://www.reportsweb.com/the-mobile-phone-
insurance-ecosystem-2016-2030-opportunities-challenges-strategies-and-forecasts
The "Mobile Phone Insurance Ecosystem: 2016 – 2030 – 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
2016 through to 2030. The forecasts are segmented for 5 regional and 25 country level markets.
Key Findings:
The report has the following key findings:
Publisher 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.
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 location
tracking, data protection/recovery features and integrated technical support.