18.09.2018 Views

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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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 />

w w w. q y re s e a rc h . c o m

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