세계의 휴대폰 보험 시장 규모 및 예측 : 전화 유형별, 보상 범위별, 지역별 분석(2023-2030년)

Global Mobile Phone Insurance Market is valued at approximately USD 28.74 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 12.5% during the forecast period 2023-2030. Mobile phone insurance provides repair services for various components of phones sold by retailers and service providers. This coverage typically extends beyond basic repairs, encompassing additional protections such as unauthorized usage, malicious damage, e-wallet payments, or theft. Moreover, mobile phone insurance addresses the costs and inconveniences associated with mechanical and electrical failures, ensuring comprehensive coverage for device owners. The market growth is driven by key factors such as increasing incidents of accidental damage, increasing the use of smartphones for storing personal information and digital transactions, and increasing adoption of Business Intelligence (BI) tools.

The rising occurrences of accidental damage, thefts, virus infections, and device malfunctions are forecast to propel market expansion in the coming years. These incidents have prompted consumers to seek measures to protect their mobile phones, leading to the adoption of mobile phone insurance policies. Such insurance assists users in mitigating the financial impact of potential losses or breakdowns of their mobile devices. Generally, mobile phone insurance policies offer coverage for physical damage, internal component failures, theft, and loss protection, as well as virus and data protection. As per Statista, in 2023, Italians report mentioned that damages to the battery and screen were the primary causes of smartphone breakage, comprising approximately 33.5% and nearly 33% of incidents, respectively. Conversely, damage to the back screen was relatively rare. Furthermore, the growing reliance on smartphones for storing personal data and conducting digital transactions has heightened the necessity for protecting these mobile devices. This trend is anticipated to drive market expansion in the forecast period. According to GSMA (Global System for Mobile Communications), an estimated 75% of internet users are projected to utilize smartphones for internet access by 2025. In response, mobile phone insurance service providers are forging partnerships with smartphone manufacturers to explore the effectiveness of insurance policies or schemes offered at the time of mobile phone purchases. However, the decline in the sale of mobile phones stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Mobile Phone Insurance Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America is leading the regional market share. The region's market growth is fueled by the presence of numerous mobile phone insurance providers and the increasing prevalence of smartphone-related crimes in Canada and the U.S. According to the Bureau of Justice Assistance, over one million smartphones are stolen on average in the U.S. annually. Meanwhile, in Asia Pacific, the market is expected to witness the fastest Compound Annual Growth Rate (CAGR) over the forecast period. E-commerce giants such as Flipkart are partnering with insurance service providers such as Bajaj Allianz to offer mobile phone insurance coverage to customers, fostering market growth in the region. This initiative is projected to significantly bolster the Asia Pacific market. Additionally, countries including China, India, Singapore, and Japan are poised to experience substantial market growth in the coming years.

Major market player included in this report are:

• AT&T Intellectual Property
• Apple Inc.
• American International Group, Inc.
• Assurant, Inc
• Asurion
• AmTrust Financial Services
• Brightstar Corp.
• GoCare Warranty Group
• SquareTrade, Inc.
• Taurus Insurance Services Limited

Recent Developments in the Market:

• In January 2023, Cox Mobile, the mobile phone service offered by Cox Communications, partnered with Asurion to offer device protection and trade-in services to its wireless customers. This collaboration enables Cox Mobile customers to safeguard their smartphones against accidental damage, theft, and loss.
• In July 2023, Apple Inc. introduced AppleCare+, an extended warranty plan providing coverage for accidental damage and 24/7 technical support. This service can be purchased within 60 days of acquiring an iPhone in most regions, offering added peace of mind to customers.
• In May 2022, Amazon announced a new partnership with Asurion, a device insurance provider, allowing customers to protect all eligible tech purchases through a single plan. Asurion Tech Unlimited offers coverage for accidental damage, theft, and loss, along with round-the-clock tech support.

Global Mobile Phone Insurance Market Report Scope:

• Historical Data - 2020 - 2021
• Base Year for Estimation - 2022
• Forecast period - 2023-2030
• Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Segments Covered - Phone Type, Coverage, Region
• Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
• Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Phone Type:

• Budget phones
• Mid & high-end phones
• Premium smartphones

By Coverage:

• Physical damage
• Internal component failure
• Theft & loss protection
• Virus & data protection
• Others

By Region:

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Spain
• Italy
• ROE
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• RoAPAC
• Latin America
• Brazil
• Mexico
• Middle East & Africa
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Table of Contents

Chapter 1.Executive Summary

• 1.1.Market Snapshot
• 1.2.Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
  • 1.2.1.Mobile Phone Insurance Market, by Region, 2020-2030 (USD Billion)
  • 1.2.2.Mobile Phone Insurance Market, by Phone Type, 2020-2030 (USD Billion)
  • 1.2.3.Mobile Phone Insurance Market, by Coverage, 2020-2030 (USD Billion)
• 1.3.Key Trends
• 1.4.Estimation Methodology
• 1.5.Research Assumption

Chapter 2.Global Mobile Phone Insurance Market Definition and Scope

• 2.1.Objective of the Study
• 2.2.Market Definition & Scope
  • 2.2.1.Industry Evolution
  • 2.2.2.Scope of the Study
• 2.3.Years Considered for the Study
• 2.4.Currency Conversion Rates

Chapter 3.Global Mobile Phone Insurance Market Dynamics

• 3.1.Mobile Phone Insurance Market Impact Analysis (2020-2030)
  • 3.1.1.Market Drivers
    • 3.1.1.1.Increasing incidents of accidental damage
    • 3.1.1.2.Increasing the use of smartphones for storing personal information and digital transactions
    • 3.1.1.3.Increasing adoption of Business Intelligence (BI) tools
  • 3.1.2.Market Challenges
    • 3.1.2.1.Decline in sale of mobile phones
  • 3.1.3.Market Opportunities
    • 3.1.3.1. Surge in demand for innovative products
    • 3.1.3.2.Growing collaborations among mobile phone manufacturers and insurance providers

Chapter 4.Global Mobile Phone Insurance Market Industry Analysis

• 4.1.Porter's 5 Force Model
  • 4.1.1.Bargaining Power of Suppliers
  • 4.1.2.Bargaining Power of Buyers
  • 4.1.3.Threat of New Entrants
  • 4.1.4.Threat of Substitutes
  • 4.1.5.Competitive Rivalry
• 4.2.Porter's 5 Force Impact Analysis
• 4.3.PEST Analysis
  • 4.3.1.Political
  • 4.3.2.Economical
  • 4.3.3.Social
  • 4.3.4.Technological
  • 4.3.5.Environmental
  • 4.3.6.Legal
• 4.4.Top investment opportunity
• 4.5.Top winning strategies
• 4.6.COVID-19 Impact Analysis
• 4.7.Disruptive Trends
• 4.8.Industry Expert Perspective
• 4.9.Analyst Recommendation & Conclusion

Chapter 5.Global Mobile Phone Insurance Market, by Phone Type

• 5.1.Market Snapshot
• 5.2.Global Mobile Phone Insurance Market by Phone Type, Performance - Potential Analysis
• 5.3.Global Mobile Phone Insurance Market Estimates & Forecasts by Phone Type 2020-2030 (USD Billion)
• 5.4.Mobile Phone Insurance Market, Sub Segment Analysis
  • 5.4.1.Budget phones
  • 5.4.2.Mid & high-end phones
  • 5.4.3.Premium smartphones

Chapter 6.Global Mobile Phone Insurance Market, by Coverage

• 6.1.Market Snapshot
• 6.2.Global Mobile Phone Insurance Market by Coverage, Performance - Potential Analysis
• 6.3.Global Mobile Phone Insurance Market Estimates & Forecasts by Coverage 2020-2030 (USD Billion)
• 6.4.Mobile Phone Insurance Market, Sub Segment Analysis
  • 6.4.1. Physical damage
  • 6.4.2.Internal component failure
  • 6.4.3.Theft & loss protection
  • 6.4.4.Virus & data protection
  • 6.4.5.Others

Chapter 7.Global Mobile Phone Insurance Market, Regional Analysis

• 7.1.Top Leading Countries
• 7.2.Top Emerging Countries
• 7.3.Mobile Phone Insurance Market, Regional Market Snapshot
• 7.4.North America Mobile Phone Insurance Market
  • 7.4.1.U.S. Mobile Phone Insurance Market
    • 7.4.1.1.Phone Type breakdown estimates & forecasts, 2020-2030
    • 7.4.1.2.Coverage breakdown estimates & forecasts, 2020-2030
  • 7.4.2.Canada Mobile Phone Insurance Market
• 7.5.Europe Mobile Phone Insurance Market Snapshot
  • 7.5.1.U.K. Mobile Phone Insurance Market
  • 7.5.2.Germany Mobile Phone Insurance Market
  • 7.5.3.France Mobile Phone Insurance Market
  • 7.5.4.Spain Mobile Phone Insurance Market
  • 7.5.5.Italy Mobile Phone Insurance Market
  • 7.5.6.Rest of Europe Mobile Phone Insurance Market
• 7.6.Asia-Pacific Mobile Phone Insurance Market Snapshot
  • 7.6.1.China Mobile Phone Insurance Market
  • 7.6.2.India Mobile Phone Insurance Market
  • 7.6.3.Japan Mobile Phone Insurance Market
  • 7.6.4.Australia Mobile Phone Insurance Market
  • 7.6.5.South Korea Mobile Phone Insurance Market
  • 7.6.6.Rest of Asia Pacific Mobile Phone Insurance Market
• 7.7.Latin America Mobile Phone Insurance Market Snapshot
  • 7.7.1.Brazil Mobile Phone Insurance Market
  • 7.7.2.Mexico Mobile Phone Insurance Market
• 7.8.Middle East & Africa Mobile Phone Insurance Market
  • 7.8.1.Saudi Arabia Mobile Phone Insurance Market
  • 7.8.2.South Africa Mobile Phone Insurance Market
  • 7.8.3.Rest of Middle East & Africa Mobile Phone Insurance Market

Chapter 8.Competitive Intelligence

• 8.1.Key Company SWOT Analysis
• 8.2.Top Market Strategies
• 8.3.Company Profiles
  • 8.3.1. AT&T Intellectual Property
    • 8.3.1.1.Key Information
    • 8.3.1.2.Overview
    • 8.3.1.3.Financial (Subject to Data Availability)
    • 8.3.1.4.Product Summary
    • 8.3.1.5.Recent Developments
  • 8.3.2. Apple Inc.
  • 8.3.3.American International Group, Inc.
  • 8.3.4.Assurant, Inc
  • 8.3.5.Asurion
  • 8.3.6.AmTrust Financial Services
  • 8.3.7.Brightstar Corp.
  • 8.3.8.GoCare Warranty Group
  • 8.3.9.SquareTrade, Inc.
  • 8.3.10.Taurus Insurance Services Limited

Chapter 9.Research Process

• 9.1.Research Process
  • 9.1.1.Data Mining
  • 9.1.2.Analysis
  • 9.1.3.Market Estimation
  • 9.1.4.Validation
  • 9.1.5.Publishing
• 9.2.Research Attributes
• 9.3.Research Assumption