Global Mobile Phone Insurance market is expected to reach 44000 million US$ by the end of 2025
In 2017, the global Mobile Phone Insurance market size was 20200 million US$ and it is expected to reach 44000 million US$ by the end of 2025, with a CAGR of 10.2% during 2018-2025. https://www.qyresearch.com/index/detail/709777/global-mobile-phone-insurance-market
In 2017, the global Mobile Phone Insurance market size was 20200 million US$ and it is expected to reach 44000 million US$ by the end of 2025, with a CAGR of 10.2% during 2018-2025. https://www.qyresearch.com/index/detail/709777/global-mobile-phone-insurance-market
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<strong>Global</strong> <strong>Mobile</strong> <strong>Phone</strong> <strong>Insurance</strong><br />
<strong>market</strong> <strong>is</strong> <strong>expected</strong> <strong>to</strong> <strong>reach</strong><br />
<strong>44000</strong> <strong>million</strong> <strong>US$</strong> <strong>by</strong> <strong>the</strong> <strong>end</strong><br />
<strong>of</strong> <strong>2025</strong><br />
QYRESEARCH FOCUS ON MARKET SURVEY AND RESEARCH<br />
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QYResearch<br />
• <strong>Mobile</strong> <strong>Phone</strong> <strong>Insurance</strong> <strong>is</strong> defined as an insurance<br />
product that covers certain insured events ar<strong>is</strong>ing in<br />
relation <strong>to</strong> mobile phones. Th<strong>is</strong> report <strong>is</strong> focused on<br />
insurance products that exclusively have <strong>the</strong>ir primary<br />
focus <strong>to</strong> provide coverage against some kind <strong>of</strong> damage<br />
(loss, <strong>the</strong>ft, physical damage, etc.) <strong>of</strong> mobile phones.<br />
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QYResearch<br />
Based on regions, North America and Europe are relatively mature <strong>market</strong><br />
which are navigating <strong>the</strong> <strong>market</strong>. In 2018, <strong>to</strong>tal North America <strong>Mobile</strong><br />
<strong>Phone</strong> <strong>Insurance</strong> Market Size <strong>is</strong> estimated <strong>to</strong> be 10625 Million USD,<br />
growing at a CAGR <strong>of</strong> 10.43% from 2013 <strong>to</strong> 2018. Total Europe <strong>Mobile</strong><br />
<strong>Phone</strong> <strong>Insurance</strong> Market Size <strong>is</strong> estimated <strong>to</strong> be 6795 Million USD,<br />
growing at a CAGR <strong>of</strong> 11.72% from 2013 <strong>to</strong> 2018. APAC <strong>is</strong> <strong>expected</strong> <strong>to</strong> be<br />
<strong>the</strong> fastest growing <strong>market</strong>, especially for <strong>the</strong> rapid growing China and<br />
India <strong>market</strong>. In 2018, <strong>to</strong>tal APAC <strong>Mobile</strong> <strong>Phone</strong> <strong>Insurance</strong> Market Size <strong>is</strong><br />
estimated <strong>to</strong> be 4111 Million USD, growing at a CAGR <strong>of</strong> 20.73% from 2013.<br />
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QYResearch<br />
Based on sales channels, in an effort <strong>to</strong> boost <strong>the</strong> uptake <strong>of</strong><br />
mobile phone insurance, wireless carriers and insurance providers<br />
have extensively enhanced <strong>the</strong>ir insurance <strong>of</strong>ferings with <strong>the</strong><br />
addition <strong>of</strong> location tracking, data protection/recovery features<br />
and integrated technical support. The success <strong>of</strong> mobile phone<br />
insurance plans has driven several wireless carriers, <strong>to</strong> invest in<br />
<strong>the</strong> sales <strong>of</strong> o<strong>the</strong>r insurance products through mobile phones and<br />
<strong>the</strong>ir retail outlets. New insurance models are also beginning <strong>to</strong><br />
emerge. Device OEMs are beginning <strong>to</strong> invest in tailored plans <strong>to</strong><br />
suit <strong>the</strong> specific requirements <strong>of</strong> certain regional <strong>market</strong>s.<br />
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QYResearch<br />
In 2017, <strong>the</strong> global <strong>Mobile</strong> <strong>Phone</strong> <strong>Insurance</strong> <strong>market</strong> size was<br />
20200 <strong>million</strong> <strong>US$</strong> and it <strong>is</strong> <strong>expected</strong> <strong>to</strong> <strong>reach</strong> <strong>44000</strong> <strong>million</strong> <strong>US$</strong><br />
<strong>by</strong> <strong>the</strong> <strong>end</strong> <strong>of</strong> <strong>2025</strong>, with a CAGR <strong>of</strong> 10.2% during 2018-<strong>2025</strong>.<br />
Click <strong>to</strong> view <strong>the</strong> full report:<br />
https://www.qyresearch.com/index/detail/709777/globalmobile-phone-insurance-<strong>market</strong><br />
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