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Mobile Phone Insurance Market By Phone Type, By Sales Channel, By Coverage Type, By End User: Global Opportunity Analysis and Industry Forecast, 2020-2030

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    Report

  • 333 Pages
  • March 2022
  • Region: Global
  • Allied Market Research
  • ID: 5457333
Description Jump to:
A mobile phone insurance plan covers services such as theft protection, accidental breakage protection, water or liquid damage cover, covers high repair cost, and protection for loss of phone. One must immediately report any loss or damage to the mobile phone to the insurance company offering the coverage either on a toll-free number or any other suggested customer support channels mentioned by the company. In case of theft or robbery, the customer must file an FIR with the nearest police station or submit the complaint and obtain a copy of it. In case of loss or damage to the mobile phone due to household fire, a report from the fire station is also required by some insurance companies.

Rise in demand for mobile phone insurance on accidents, such as mechanical breakdown, accidental damage of phones or malicious & liquid damage, theft, and unauthorized usage is a major driving factor for the market. In addition, increase in adoption of high quality smartphones boosts the growth of the mobile phone insurance market by providing many easy solutions to the customers. Moreover, the mobile phone insurance market has experienced an increase in the demand among consumers owing to surge in number of smartphones and rise in number of threats in the form of loss, theft, accidental damage, repair or replacement of components, and others. Therefore, these are the major driving forces for the mobile phone insurance market. However, demand for mobile phone insurance has also declined, with decline in sales of mobile phones since recent years. Moreover, consumer experiences and adoption of mobile phones remain a primary concern, which needs to be addressed by balancing the sales of mobile phones and its alternative uses in the market. Thus, this is a major limiting factor for the market. Contrarily, various mobile phone companies across the globe are introducing new strategies to improve their market value and surge their revenue as well as enhance their customer experience. Some of the mobile phone insurance companies are providing applications and other technologically advanced services to their customers to keep their customer safe from the pandemic situation. Therefore, this factor will provide major lucrative opportunity for the growth of the market in the upcoming years.

The global mobile phone insurance market is segmented on the basis of phone type, sales channel, coverage type, end user, and region. By phone type, it is segmented into budget phones, mid & high-end phones, and premium smartphones. On the basis of sales channel, it is divided into retail and online. Based on coverage type, it is segregated into physical damage, internal component failure, theft & loss protection, and others. By end user, the market is divided into business and individuals. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The report analyzes the profiles of key players operating in the global mobile phone insurance market such as Apple Inc., ASSURANT, INC., Asurion, AT&T Intellectual Property, Aviva, bolttech, Chubb, Digital Care sp. z o.o., Servify, Singtel, and U Mobile Sdn Bhd. These players have adopted various strategies to increase their market penetration and strengthen their position in the global mobile phone insurance market.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the mobile phone insurance market size analysis from 2020 to 2030 to identify the prevailing mobile phone insurance market opportunity.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the mobile phone insurance market outlook assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global mobile phone insurance market forecast.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global mobile phone insurance market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments


By Phone Type

  • Budget Phones
  • Mid High-End Phones
  • Premium Smartphones

By Sales Channel

  • Retail
  • Online

By Coverage Type

  • Physical Damage
  • Internal Component Failure
  • Theft Loss Protection
  • Others

By End User

  • Business
  • Individuals

By Region

  • North America
  • U.S.
  • Canada
  • Europe
  • U.K.
  • Germany
  • France
  • Italy
  • Spain
  • Netherlands
  • Poland
  • Hungary
  • Austria
  • Switzerland
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Hong Kong
  • Viet Nam
  • Philippines
  • Indonesia
  • Taiwan
  • Thailand
  • Malaysia
  • Singapore
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • Apple Inc.
  • ASSURANT, INC.
  • Asurion
  • AT&T Intellectual Property
  • Aviva
  • Bolttech
  • Chubb
  • Digital Care sp. z o.o.
  • Servify
  • Singtel
  • U Mobile Sdn Bhd

 

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Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
CHAPTER 4: MOBILE PHONE INSURANCE MARKET, BY PHONE TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Budget Phones
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Mid & High-End Phones
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Premium Smartphones
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
CHAPTER 5: MOBILE PHONE INSURANCE MARKET, BY SALES CHANNEL
5.1 Overview
5.1.1 Market size and forecast
5.2 Retail
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Online
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
CHAPTER 6: MOBILE PHONE INSURANCE MARKET, BY COVERAGE TYPE
6.1 Overview
6.1.1 Market size and forecast
6.2 Physical Damage
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Internal Component Failure
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 Theft & Loss Protection
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country
6.5 Others
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market analysis by country
CHAPTER 7: MOBILE PHONE INSURANCE MARKET, BY END USER
7.1 Overview
7.1.1 Market size and forecast
7.2 Business
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market analysis by country
7.3 Individuals
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market analysis by country
CHAPTER 8: MOBILE PHONE INSURANCE MARKET, BY REGION
8.1 Overview
8.1.1 Market size and forecast
8.2 North America
8.2.1 Key trends and opportunities
8.2.2 North America Market size and forecast, by Phone Type
8.2.3 North America Market size and forecast, by Sales Channel
8.2.4 North America Market size and forecast, by Coverage Type
8.2.5 North America Market size and forecast, by End User
8.2.6 North America Market size and forecast, by country
8.2.6.1 U.S.
8.2.6.1.1 Market size and forecast, by Phone Type
8.2.6.1.2 Market size and forecast, by Sales Channel
8.2.6.1.3 Market size and forecast, by Coverage Type
8.2.6.1.4 Market size and forecast, by End User
8.2.6.2 Canada
8.2.6.2.1 Market size and forecast, by Phone Type
8.2.6.2.2 Market size and forecast, by Sales Channel
8.2.6.2.3 Market size and forecast, by Coverage Type
8.2.6.2.4 Market size and forecast, by End User
8.3 Europe
8.3.1 Key trends and opportunities
8.3.2 Europe Market size and forecast, by Phone Type
8.3.3 Europe Market size and forecast, by Sales Channel
8.3.4 Europe Market size and forecast, by Coverage Type
8.3.5 Europe Market size and forecast, by End User
8.3.6 Europe Market size and forecast, by country
8.3.6.1 U.K.
8.3.6.1.1 Market size and forecast, by Phone Type
8.3.6.1.2 Market size and forecast, by Sales Channel
8.3.6.1.3 Market size and forecast, by Coverage Type
8.3.6.1.4 Market size and forecast, by End User
8.3.6.2 Germany
8.3.6.2.1 Market size and forecast, by Phone Type
8.3.6.2.2 Market size and forecast, by Sales Channel
8.3.6.2.3 Market size and forecast, by Coverage Type
8.3.6.2.4 Market size and forecast, by End User
8.3.6.3 France
8.3.6.3.1 Market size and forecast, by Phone Type
8.3.6.3.2 Market size and forecast, by Sales Channel
8.3.6.3.3 Market size and forecast, by Coverage Type
8.3.6.3.4 Market size and forecast, by End User
8.3.6.4 Italy
8.3.6.4.1 Market size and forecast, by Phone Type
8.3.6.4.2 Market size and forecast, by Sales Channel
8.3.6.4.3 Market size and forecast, by Coverage Type
8.3.6.4.4 Market size and forecast, by End User
8.3.6.5 Spain
8.3.6.5.1 Market size and forecast, by Phone Type
8.3.6.5.2 Market size and forecast, by Sales Channel
8.3.6.5.3 Market size and forecast, by Coverage Type
8.3.6.5.4 Market size and forecast, by End User
8.3.6.6 Netherlands
8.3.6.6.1 Market size and forecast, by Phone Type
8.3.6.6.2 Market size and forecast, by Sales Channel
8.3.6.6.3 Market size and forecast, by Coverage Type
8.3.6.6.4 Market size and forecast, by End User
8.3.6.7 Poland
8.3.6.7.1 Market size and forecast, by Phone Type
8.3.6.7.2 Market size and forecast, by Sales Channel
8.3.6.7.3 Market size and forecast, by Coverage Type
8.3.6.7.4 Market size and forecast, by End User
8.3.6.8 Hungary
8.3.6.8.1 Market size and forecast, by Phone Type
8.3.6.8.2 Market size and forecast, by Sales Channel
8.3.6.8.3 Market size and forecast, by Coverage Type
8.3.6.8.4 Market size and forecast, by End User
8.3.6.9 Austria
8.3.6.9.1 Market size and forecast, by Phone Type
8.3.6.9.2 Market size and forecast, by Sales Channel
8.3.6.9.3 Market size and forecast, by Coverage Type
8.3.6.9.4 Market size and forecast, by End User
8.3.6.10 Switzerland
8.3.6.10.1 Market size and forecast, by Phone Type
8.3.6.10.2 Market size and forecast, by Sales Channel
8.3.6.10.3 Market size and forecast, by Coverage Type
8.3.6.10.4 Market size and forecast, by End User
8.3.6.11 Rest of Europe
8.3.6.11.1 Market size and forecast, by Phone Type
8.3.6.11.2 Market size and forecast, by Sales Channel
8.3.6.11.3 Market size and forecast, by Coverage Type
8.3.6.11.4 Market size and forecast, by End User
8.4 Asia-Pacific
8.4.1 Key trends and opportunities
8.4.2 Asia-Pacific Market size and forecast, by Phone Type
8.4.3 Asia-Pacific Market size and forecast, by Sales Channel
8.4.4 Asia-Pacific Market size and forecast, by Coverage Type
8.4.5 Asia-Pacific Market size and forecast, by End User
8.4.6 Asia-Pacific Market size and forecast, by country
8.4.6.1 China
8.4.6.1.1 Market size and forecast, by Phone Type
8.4.6.1.2 Market size and forecast, by Sales Channel
8.4.6.1.3 Market size and forecast, by Coverage Type
8.4.6.1.4 Market size and forecast, by End User
8.4.6.2 Japan
8.4.6.2.1 Market size and forecast, by Phone Type
8.4.6.2.2 Market size and forecast, by Sales Channel
8.4.6.2.3 Market size and forecast, by Coverage Type
8.4.6.2.4 Market size and forecast, by End User
8.4.6.3 India
8.4.6.3.1 Market size and forecast, by Phone Type
8.4.6.3.2 Market size and forecast, by Sales Channel
8.4.6.3.3 Market size and forecast, by Coverage Type
8.4.6.3.4 Market size and forecast, by End User
8.4.6.4 Australia
8.4.6.4.1 Market size and forecast, by Phone Type
8.4.6.4.2 Market size and forecast, by Sales Channel
8.4.6.4.3 Market size and forecast, by Coverage Type
8.4.6.4.4 Market size and forecast, by End User
8.4.6.5 South Korea
8.4.6.5.1 Market size and forecast, by Phone Type
8.4.6.5.2 Market size and forecast, by Sales Channel
8.4.6.5.3 Market size and forecast, by Coverage Type
8.4.6.5.4 Market size and forecast, by End User
8.4.6.6 Hong Kong
8.4.6.6.1 Market size and forecast, by Phone Type
8.4.6.6.2 Market size and forecast, by Sales Channel
8.4.6.6.3 Market size and forecast, by Coverage Type
8.4.6.6.4 Market size and forecast, by End User
8.4.6.7 Viet Nam
8.4.6.7.1 Market size and forecast, by Phone Type
8.4.6.7.2 Market size and forecast, by Sales Channel
8.4.6.7.3 Market size and forecast, by Coverage Type
8.4.6.7.4 Market size and forecast, by End User
8.4.6.8 Philippines
8.4.6.8.1 Market size and forecast, by Phone Type
8.4.6.8.2 Market size and forecast, by Sales Channel
8.4.6.8.3 Market size and forecast, by Coverage Type
8.4.6.8.4 Market size and forecast, by End User
8.4.6.9 Indonesia
8.4.6.9.1 Market size and forecast, by Phone Type
8.4.6.9.2 Market size and forecast, by Sales Channel
8.4.6.9.3 Market size and forecast, by Coverage Type
8.4.6.9.4 Market size and forecast, by End User
8.4.6.10 Taiwan
8.4.6.10.1 Market size and forecast, by Phone Type
8.4.6.10.2 Market size and forecast, by Sales Channel
8.4.6.10.3 Market size and forecast, by Coverage Type
8.4.6.10.4 Market size and forecast, by End User
8.4.6.11 Thailand
8.4.6.11.1 Market size and forecast, by Phone Type
8.4.6.11.2 Market size and forecast, by Sales Channel
8.4.6.11.3 Market size and forecast, by Coverage Type
8.4.6.11.4 Market size and forecast, by End User
8.4.6.12 Malaysia
8.4.6.12.1 Market size and forecast, by Phone Type
8.4.6.12.2 Market size and forecast, by Sales Channel
8.4.6.12.3 Market size and forecast, by Coverage Type
8.4.6.12.4 Market size and forecast, by End User
8.4.6.13 Singapore
8.4.6.13.1 Market size and forecast, by Phone Type
8.4.6.13.2 Market size and forecast, by Sales Channel
8.4.6.13.3 Market size and forecast, by Coverage Type
8.4.6.13.4 Market size and forecast, by End User
8.4.6.14 Rest of Asia-Pacific
8.4.6.14.1 Market size and forecast, by Phone Type
8.4.6.14.2 Market size and forecast, by Sales Channel
8.4.6.14.3 Market size and forecast, by Coverage Type
8.4.6.14.4 Market size and forecast, by End User
8.5 LAMEA
8.5.1 Key trends and opportunities
8.5.2 LAMEA Market size and forecast, by Phone Type
8.5.3 LAMEA Market size and forecast, by Sales Channel
8.5.4 LAMEA Market size and forecast, by Coverage Type
8.5.5 LAMEA Market size and forecast, by End User
8.5.6 LAMEA Market size and forecast, by country
8.5.6.1 Latin America
8.5.6.1.1 Market size and forecast, by Phone Type
8.5.6.1.2 Market size and forecast, by Sales Channel
8.5.6.1.3 Market size and forecast, by Coverage Type
8.5.6.1.4 Market size and forecast, by End User
8.5.6.2 Middle East
8.5.6.2.1 Market size and forecast, by Phone Type
8.5.6.2.2 Market size and forecast, by Sales Channel
8.5.6.2.3 Market size and forecast, by Coverage Type
8.5.6.2.4 Market size and forecast, by End User
8.5.6.3 Africa
8.5.6.3.1 Market size and forecast, by Phone Type
8.5.6.3.2 Market size and forecast, by Sales Channel
8.5.6.3.3 Market size and forecast, by Coverage Type
8.5.6.3.4 Market size and forecast, by End User
CHAPTER 9: COMPANY LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Key developments
CHAPTER 10: COMPANY PROFILES
10.1 Apple Inc.
10.1.1 Company overview
10.1.2 Company snapshot
10.1.3 Operating business segments
10.1.4 Product portfolio
10.1.5 Business performance
10.1.6 Key strategic moves and developments
10.2 ASSURANT, INC.
10.2.1 Company overview
10.2.2 Company snapshot
10.2.3 Operating business segments
10.2.4 Product portfolio
10.2.5 Business performance
10.2.6 Key strategic moves and developments
10.3 Asurion
10.3.1 Company overview
10.3.2 Company snapshot
10.3.3 Operating business segments
10.3.4 Product portfolio
10.3.5 Business performance
10.3.6 Key strategic moves and developments
10.4 AT&T Intellectual Property
10.4.1 Company overview
10.4.2 Company snapshot
10.4.3 Operating business segments
10.4.4 Product portfolio
10.4.5 Business performance
10.4.6 Key strategic moves and developments
10.5 Aviva
10.5.1 Company overview
10.5.2 Company snapshot
10.5.3 Operating business segments
10.5.4 Product portfolio
10.5.5 Business performance
10.5.6 Key strategic moves and developments
10.6 Bolttech
10.6.1 Company overview
10.6.2 Company snapshot
10.6.3 Operating business segments
10.6.4 Product portfolio
10.6.5 Business performance
10.6.6 Key strategic moves and developments
10.7 Chubb
10.7.1 Company overview
10.7.2 Company snapshot
10.7.3 Operating business segments
10.7.4 Product portfolio
10.7.5 Business performance
10.7.6 Key strategic moves and developments
10.8 Digital Care sp. z o.o.
10.8.1 Company overview
10.8.2 Company snapshot
10.8.3 Operating business segments
10.8.4 Product portfolio
10.8.5 Business performance
10.8.6 Key strategic moves and developments
10.9 Servify
10.9.1 Company overview
10.9.2 Company snapshot
10.9.3 Operating business segments
10.9.4 Product portfolio
10.9.5 Business performance
10.9.6 Key strategic moves and developments
10.10 Singtel
10.10.1 Company overview
10.10.2 Company snapshot
10.10.3 Operating business segments
10.10.4 Product portfolio
10.10.5 Business performance
10.10.6 Key strategic moves and developments
10.11 U Mobile Sdn Bhd
10.11.1 Company overview
10.11.2 Company snapshot
10.11.3 Operating business segments
10.11.4 Product portfolio
10.11.5 Business performance
10.11.6 Key strategic moves and developments
LIST OF TABLES
Table 1. Global Mobile Phone Insurance Market, by Phone Type, 2020-2030, ($Million)
Table 2. Mobile Phone Insurance Market Revenue, for Budget Phones, by Region, 2020-2030, ($Million)
Table 3. Mobile Phone Insurance Market Budget Phones by Country, 2020-2030, ($Million)
Table 4. Mobile Phone Insurance Market Revenue, for Mid & High-End Phones, by Region, 2020-2030, ($Million)
Table 5. Mobile Phone Insurance Market Mid & High-End Phones by Country, 2020-2030, ($Million)
Table 6. Mobile Phone Insurance Market Revenue, for Premium Smartphones, by Region, 2020-2030, ($Million)
Table 7. Mobile Phone Insurance Market Premium Smartphones by Country, 2020-2030, ($Million)
Table 8. Global Mobile Phone Insurance Market, by Sales Channel, 2020-2030, ($Million)
Table 9. Mobile Phone Insurance Market Revenue, for Retail, by Region, 2020-2030, ($Million)
Table 10. Mobile Phone Insurance Market Retail by Country, 2020-2030, ($Million)
Table 11. Mobile Phone Insurance Market Revenue, for Online, by Region, 2020-2030, ($Million)
Table 12. Mobile Phone Insurance Market Online by Country, 2020-2030, ($Million)
Table 13. Global Mobile Phone Insurance Market, by Coverage Type, 2020-2030, ($Million)
Table 14. Mobile Phone Insurance Market Revenue, for Physical Damage, by Region, 2020-2030, ($Million)
Table 15. Mobile Phone Insurance Market Physical Damage by Country, 2020-2030, ($Million)
Table 16. Mobile Phone Insurance Market Revenue, for Internal Component Failure, by Region, 2020-2030, ($Million)
Table 17. Mobile Phone Insurance Market Internal Component Failure by Country, 2020-2030, ($Million)
Table 18. Mobile Phone Insurance Market Revenue, for Theft & Loss Protection, by Region, 2020-2030, ($Million)
Table 19. Mobile Phone Insurance Market Theft & Loss Protection by Country, 2020-2030, ($Million)
Table 20. Mobile Phone Insurance Market Revenue, for Others, by Region, 2020-2030, ($Million)
Table 21. Mobile Phone Insurance Market Others by Country, 2020-2030, ($Million)
Table 22. Global Mobile Phone Insurance Market, by End-user, 2020-2030, ($Million)
Table 23. Mobile Phone Insurance Market Revenue, for Business, by Region, 2020-2030, ($Million)
Table 24. Mobile Phone Insurance Market Business by Country, 2020-2030, ($Million)
Table 25. Mobile Phone Insurance Market Revenue, for Individuals, by Region, 2020-2030, ($Million)
Table 26. Mobile Phone Insurance Market Individuals by Country, 2020-2030, ($Million)
Table 27. Mobile Phone Insurance Market, by Region, 2020-2030, ($Million)
Table 28. North America Mobile Phone Insurance Market, by Phone Type, 2020-2030, ($Million)
Table 29. North America Mobile Phone Insurance Market, by Sales Channel, 2020-2030, ($Million)
Table 30. North America Mobile Phone Insurance Market, by Coverage Type, 2020-2030, ($Million)
Table 31. North America Mobile Phone Insurance Market, by End-user, 2020-2030, ($Million)
Table 32. North America Mobile Phone Insurance Market, by Country, 2020-2030, ($Million)
Table 33. U.S. Mobile Phone Insurance Market by Phone Type 2020-2030, ($Million)
Table 34. U.S. Mobile Phone Insurance Market by Sales Channel 2020-2030, ($Million)
Table 35. U.S. Mobile Phone Insurance Market by Coverage Type 2020-2030, ($Million)
Table 36. U.S. Mobile Phone Insurance Market by End-user 2020-2030, ($Million)
Table 37. Canada Mobile Phone Insurance Market by Phone Type 2020-2030, ($Million)
Table 38. Canada Mobile Phone Insurance Market by Sales Channel 2020-2030, ($Million)
Table 39. Canada Mobile Phone Insurance Market by Coverage Type 2020-2030, ($Million)
Table 40. Canada Mobile Phone Insurance Market by End-user 2020-2030, ($Million)
Table 41. Europe Mobile Phone Insurance Market, by Phone Type, 2020-2030, ($Million)
Table 42. Europe Mobile Phone Insurance Market, by Sales Channel, 2020-2030, ($Million)
Table 43. Europe Mobile Phone Insurance Market, by Coverage Type, 2020-2030, ($Million)
Table 44. Europe Mobile Phone Insurance Market, by End-user, 2020-2030, ($Million)
Table 45. Europe Mobile Phone Insurance Market, by Country, 2020-2030, ($Million)
Table 46. U.K. Mobile Phone Insurance Market by Phone Type 2020-2030, ($Million)
Table 47. U.K. Mobile Phone Insurance Market by Sales Channel 2020-2030, ($Million)
Table 48. U.K. Mobile Phone Insurance Market by Coverage Type 2020-2030, ($Million)
Table 49. U.K. Mobile Phone Insurance Market by End-user 2020-2030, ($Million)
Table 50. Germany Mobile Phone Insurance Market by Phone Type 2020-2030, ($Million)
Table 51. Germany Mobile Phone Insurance Market by Sales Channel 2020-2030, ($Million)
Table 52. Germany Mobile Phone Insurance Market by Coverage Type 2020-2030, ($Million)
Table 53. Germany Mobile Phone Insurance Market by End-user 2020-2030, ($Million)
Table 54. France Mobile Phone Insurance Market by Phone Type 2020-2030, ($Million)
Table 55. France Mobile Phone Insurance Market by Sales Channel 2020-2030, ($Million)
Table 56. France Mobile Phone Insurance Market by Coverage Type 2020-2030, ($Million)
Table 57. France Mobile Phone Insurance Market by End-user 2020-2030, ($Million)
Table 58. Italy Mobile Phone Insurance Market by Phone Type 2020-2030, ($Million)
Table 59. Italy Mobile Phone Insurance Market by Sales Channel 2020-2030, ($Million)
Table 60. Italy Mobile Phone Insurance Market by Coverage Type 2020-2030, ($Million)
Table 61. Italy Mobile Phone Insurance Market by End-user 2020-2030, ($Million)
Table 62. Spain Mobile Phone Insurance Market by Phone Type 2020-2030, ($Million)
Table 63. Spain Mobile Phone Insurance Market by Sales Channel 2020-2030, ($Million)
Table 64. Spain Mobile Phone Insurance Market by Coverage Type 2020-2030, ($Million)
Table 65. Spain Mobile Phone Insurance Market by End-user 2020-2030, ($Million)
Table 66. Netherlands Mobile Phone Insurance Market by Phone Type 2020-2030, ($Million)
Table 67. Netherlands Mobile Phone Insurance Market by Sales Channel 2020-2030, ($Million)
Table 68. Netherlands Mobile Phone Insurance Market by Coverage Type 2020-2030, ($Million)
Table 69. Netherlands Mobile Phone Insurance Market by End-user 2020-2030, ($Million)
Table 70. Poland Mobile Phone Insurance Market by Phone Type 2020-2030, ($Million)
Table 71. Poland Mobile Phone Insurance Market by Sales Channel 2020-2030, ($Million)
Table 72. Poland Mobile Phone Insurance Market by Coverage Type 2020-2030, ($Million)
Table 73. Poland Mobile Phone Insurance Market by End-user 2020-2030, ($Million)
Table 74. Hungary Mobile Phone Insurance Market by Phone Type 2020-2030, ($Million)
Table 75. Hungary Mobile Phone Insurance Market by Sales Channel 2020-2030, ($Million)
Table 76. Hungary Mobile Phone Insurance Market by Coverage Type 2020-2030, ($Million)
Table 77. Hungary Mobile Phone Insurance Market by End-user 2020-2030, ($Million)
Table 78. Austria Mobile Phone Insurance Market by Phone Type 2020-2030, ($Million)
Table 79. Austria Mobile Phone Insurance Market by Sales Channel 2020-2030, ($Million)
Table 80. Austria Mobile Phone Insurance Market by Coverage Type 2020-2030, ($Million)
Table 81. Austria Mobile Phone Insurance Market by End-user 2020-2030, ($Million)
Table 82. Switzerland Mobile Phone Insurance Market by Phone Type 2020-2030, ($Million)
Table 83. Switzerland Mobile Phone Insurance Market by Sales Channel 2020-2030, ($Million)
Table 84. Switzerland Mobile Phone Insurance Market by Coverage Type 2020-2030, ($Million)
Table 85. Switzerland Mobile Phone Insurance Market by End-user 2020-2030, ($Million)
Table 86. Rest of Europe Mobile Phone Insurance Market by Phone Type 2020-2030, ($Million)
Table 87. Rest of Europe Mobile Phone Insurance Market by Sales Channel 2020-2030, ($Million)
Table 88. Rest of Europe Mobile Phone Insurance Market by Coverage Type 2020-2030, ($Million)
Table 89. Rest of Europe Mobile Phone Insurance Market by End-user 2020-2030, ($Million)
Table 90. Asia-Pacific Mobile Phone Insurance Market, by Phone Type, 2020-2030, ($Million)
Table 91. Asia-Pacific Mobile Phone Insurance Market, by Sales Channel, 2020-2030, ($Million)
Table 92. Asia-Pacific Mobile Phone Insurance Market, by Coverage Type, 2020-2030, ($Million)
Table 93. Asia-Pacific Mobile Phone Insurance Market, by End-user, 2020-2030, ($Million)
Table 94. Asia-Pacific Mobile Phone Insurance Market, by Country, 2020-2030, ($Million)
Table 95. China Mobile Phone Insurance Market by Phone Type 2020-2030, ($Million)
Table 96. China Mobile Phone Insurance Market by Sales Channel 2020-2030, ($Million)
Table 97. China Mobile Phone Insurance Market by Coverage Type 2020-2030, ($Million)
Table 98. China Mobile Phone Insurance Market by End-user 2020-2030, ($Million)
Table 99. Japan Mobile Phone Insurance Market by Phone Type 2020-2030, ($Million)
Table 100. Japan Mobile Phone Insurance Market by Sales Channel 2020-2030, ($Million)
Table 101. Japan Mobile Phone Insurance Market by Coverage Type 2020-2030, ($Million)
Table 102. Japan Mobile Phone Insurance Market by End-user 2020-2030, ($Million)
Table 103. India Mobile Phone Insurance Market by Phone Type 2020-2030, ($Million)
Table 104. India Mobile Phone Insurance Market by Sales Channel 2020-2030, ($Million)
Table 105. India Mobile Phone Insurance Market by Coverage Type 2020-2030, ($Million)
Table 106. India Mobile Phone Insurance Market by End-user 2020-2030, ($Million)
Table 107. Australia Mobile Phone Insurance Market by Phone Type 2020-2030, ($Million)
Table 108. Australia Mobile Phone Insurance Market by Sales Channel 2020-2030, ($Million)
Table 109. Australia Mobile Phone Insurance Market by Coverage Type 2020-2030, ($Million)
Table 110. Australia Mobile Phone Insurance Market by End-user 2020-2030, ($Million)
Table 111. South Korea Mobile Phone Insurance Market by Phone Type 2020-2030, ($Million)
Table 112. South Korea Mobile Phone Insurance Market by Sales Channel 2020-2030, ($Million)
Table 113. South Korea Mobile Phone Insurance Market by Coverage Type 2020-2030, ($Million)
Table 114. South Korea Mobile Phone Insurance Market by End-user 2020-2030, ($Million)
Table 115. Hong Kong Mobile Phone Insurance Market by Phone Type 2020-2030, ($Million)
Table 116. Hong Kong Mobile Phone Insurance Market by Sales Channel 2020-2030, ($Million)
Table 117. Hong Kong Mobile Phone Insurance Market by Coverage Type 2020-2030, ($Million)
Table 118. Hong Kong Mobile Phone Insurance Market by End-user 2020-2030, ($Million)
Table 119. Viet Nam Mobile Phone Insurance Market by Phone Type 2020-2030, ($Million)
Table 120. Viet Nam Mobile Phone Insurance Market by Sales Channel 2020-2030, ($Million)
Table 121. Viet Nam Mobile Phone Insurance Market by Coverage Type 2020-2030, ($Million)
Table 122. Viet Nam Mobile Phone Insurance Market by End-user 2020-2030, ($Million)
Table 123. Philippines Mobile Phone Insurance Market by Phone Type 2020-2030, ($Million)
Table 124. Philippines Mobile Phone Insurance Market by Sales Channel 2020-2030, ($Million)
Table 125. Philippines Mobile Phone Insurance Market by Coverage Type 2020-2030, ($Million)
Table 126. Philippines Mobile Phone Insurance Market by End-user 2020-2030, ($Million)
Table 127. Indonesia Mobile Phone Insurance Market by Phone Type 2020-2030, ($Million)
Table 128. Indonesia Mobile Phone Insurance Market by Sales Channel 2020-2030, ($Million)
Table 129. Indonesia Mobile Phone Insurance Market by Coverage Type 2020-2030, ($Million)
Table 130. Indonesia Mobile Phone Insurance Market by End-user 2020-2030, ($Million)
Table 131. Taiwan Mobile Phone Insurance Market by Phone Type 2020-2030, ($Million)
Table 132. Taiwan Mobile Phone Insurance Market by Sales Channel 2020-2030, ($Million)
Table 133. Taiwan Mobile Phone Insurance Market by Coverage Type 2020-2030, ($Million)
Table 134. Taiwan Mobile Phone Insurance Market by End-user 2020-2030, ($Million)
Table 135. Thailand Mobile Phone Insurance Market by Phone Type 2020-2030, ($Million)
Table 136. Thailand Mobile Phone Insurance Market by Sales Channel 2020-2030, ($Million)
Table 137. Thailand Mobile Phone Insurance Market by Coverage Type 2020-2030, ($Million)
Table 138. Thailand Mobile Phone Insurance Market by End-user 2020-2030, ($Million)
Table 139. Malaysia Mobile Phone Insurance Market by Phone Type 2020-2030, ($Million)
Table 140. Malaysia Mobile Phone Insurance Market by Sales Channel 2020-2030, ($Million)
Table 141. Malaysia Mobile Phone Insurance Market by Coverage Type 2020-2030, ($Million)
Table 142. Malaysia Mobile Phone Insurance Market by End-user 2020-2030, ($Million)
Table 143. Singapore Mobile Phone Insurance Market by Phone Type 2020-2030, ($Million)
Table 144. Singapore Mobile Phone Insurance Market by Sales Channel 2020-2030, ($Million)
Table 145. Singapore Mobile Phone Insurance Market by Coverage Type 2020-2030, ($Million)
Table 146. Singapore Mobile Phone Insurance Market by End-user 2020-2030, ($Million)
Table 147. Rest of Asia-Pacific Mobile Phone Insurance Market by Phone Type 2020-2030, ($Million)
Table 148. Rest of Asia-Pacific Mobile Phone Insurance Market by Sales Channel 2020-2030, ($Million)
Table 149. Rest of Asia-Pacific Mobile Phone Insurance Market by Coverage Type 2020-2030, ($Million)
Table 150. Rest of Asia-Pacific Mobile Phone Insurance Market by End-user 2020-2030, ($Million)
Table 151. LAMEA Mobile Phone Insurance Market, by Phone Type, 2020-2030, ($Million)
Table 152. LAMEA Mobile Phone Insurance Market, by Sales Channel, 2020-2030, ($Million)
Table 153. LAMEA Mobile Phone Insurance Market, by Coverage Type, 2020-2030, ($Million)
Table 154. LAMEA Mobile Phone Insurance Market, by End-user, 2020-2030, ($Million)
Table 155. LAMEA Mobile Phone Insurance Market, by Country, 2020-2030, ($Million)
Table 156. Latin America Mobile Phone Insurance Market by Phone Type 2020-2030, ($Million)
Table 157. Latin America Mobile Phone Insurance Market by Sales Channel 2020-2030, ($Million)
Table 158. Latin America Mobile Phone Insurance Market by Coverage Type 2020-2030, ($Million)
Table 159. Latin America Mobile Phone Insurance Market by End-user 2020-2030, ($Million)
Table 160. Middle East Mobile Phone Insurance Market by Phone Type 2020-2030, ($Million)
Table 161. Middle East Mobile Phone Insurance Market by Sales Channel 2020-2030, ($Million)
Table 162. Middle East Mobile Phone Insurance Market by Coverage Type 2020-2030, ($Million)
Table 163. Middle East Mobile Phone Insurance Market by End-user 2020-2030, ($Million)
Table 164. Africa Mobile Phone Insurance Market by Phone Type 2020-2030, ($Million)
Table 165. Africa Mobile Phone Insurance Market by Sales Channel 2020-2030, ($Million)
Table 166. Africa Mobile Phone Insurance Market by Coverage Type 2020-2030, ($Million)
Table 167. Africa Mobile Phone Insurance Market by End-user 2020-2030, ($Million)
Table 168. Apple Inc.: Company Snapshot
Table 169. Apple Inc.: Operating Segments
Table 170. Apple Inc.: Product Portfolio
Table 171. Apple Inc.: Net Sales
Table 172. Apple Inc.: Key Stratergies
Table 173. Assurant, Inc.: Company Snapshot
Table 174. Assurant, Inc.: Operating Segments
Table 175. Assurant, Inc.: Product Portfolio
Table 176. Assurant, Inc.: Net Sales
Table 177. Assurant, Inc.: Key Stratergies
Table 178. Asurion: Company Snapshot
Table 179. Asurion: Operating Segments
Table 180. Asurion: Product Portfolio
Table 181. Asurion: Net Sales
Table 182. Asurion: Key Stratergies
Table 183. At&T Intellectual Property: Company Snapshot
Table 184. At&T Intellectual Property: Operating Segments
Table 185. At&T Intellectual Property: Product Portfolio
Table 186. At&T Intellectual Property: Net Sales
Table 187. At&T Intellectual Property: Key Stratergies
Table 188. Aviva: Company Snapshot
Table 189. Aviva: Operating Segments
Table 190. Aviva: Product Portfolio
Table 191. Aviva: Net Sales
Table 192. Aviva: Key Stratergies
Table 193. Bolttech: Company Snapshot
Table 194. Bolttech: Operating Segments
Table 195. Bolttech: Product Portfolio
Table 196. Bolttech: Net Sales
Table 197. Bolttech: Key Stratergies
Table 198. Chubb: Company Snapshot
Table 199. Chubb: Operating Segments
Table 200. Chubb: Product Portfolio
Table 201. Chubb: Net Sales
Table 202. Chubb: Key Stratergies
Table 203. Digital Care Sp. Z O.O.: Company Snapshot
Table 204. Digital Care Sp. Z O.O.: Operating Segments
Table 205. Digital Care Sp. Z O.O.: Product Portfolio
Table 206. Digital Care Sp. Z O.O.: Net Sales
Table 207. Digital Care Sp. Z O.O.: Key Stratergies
Table 208. Servify: Company Snapshot
Table 209. Servify: Operating Segments
Table 210. Servify: Product Portfolio
Table 211. Servify: Net Sales
Table 212. Servify: Key Stratergies
Table 213. Singtel: Company Snapshot
Table 214. Singtel: Operating Segments
Table 215. Singtel: Product Portfolio
Table 216. Singtel: Net Sales
Table 217. Singtel: Key Stratergies
Table 218. U Mobile Sdn Bhd: Company Snapshot
Table 219. U Mobile Sdn Bhd: Operating Segments
Table 220. U Mobile Sdn Bhd: Product Portfolio
Table 221. U Mobile Sdn Bhd: Net Sales
Table 222. U Mobile Sdn Bhd: Key Stratergies
LIST OF FIGURES
Figure 1. Mobile Phone Insurance Market Segmentation
Figure 2. Mobile Phone Insurance Market, 2020-2030
Figure 3. Mobile Phone Insurance Market, 2020-2030
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Mobile Phone Insurance Market:Drivers, Restraints and Opportunities
Figure 11. Mobile Phone Insurance Market, by Phone Type, 2020 (%)
Figure 12. Comparative Share Analysis of Budget Phones Mobile Phone Insurance Market, 2020-2030 (%)
Figure 13. Comparative Share Analysis of Mid & High-End Phones Mobile Phone Insurance Market, 2020-2030 (%)
Figure 14. Comparative Share Analysis of Premium Smartphones Mobile Phone Insurance Market, 2020-2030 (%)
Figure 15. Mobile Phone Insurance Market, by Sales Channel, 2020 (%)
Figure 16. Comparative Share Analysis of Retail Mobile Phone Insurance Market, 2020-2030 (%)
Figure 17. Comparative Share Analysis of Online Mobile Phone Insurance Market, 2020-2030 (%)
Figure 18. Mobile Phone Insurance Market, by Coverage Type, 2020 (%)
Figure 19. Comparative Share Analysis of Physical Damage Mobile Phone Insurance Market, 2020-2030 (%)
Figure 20. Comparative Share Analysis of Internal Component Failure Mobile Phone Insurance Market, 2020-2030 (%)
Figure 21. Comparative Share Analysis of Theft & Loss Protection Mobile Phone Insurance Market, 2020-2030 (%)
Figure 22. Comparative Share Analysis of Others Mobile Phone Insurance Market, 2020-2030 (%)
Figure 23. Mobile Phone Insurance Market, by End-user, 2020 (%)
Figure 24. Comparative Share Analysis of Business Mobile Phone Insurance Market, 2020-2030 (%)
Figure 25. Comparative Share Analysis of Individuals Mobile Phone Insurance Market, 2020-2030 (%)
Figure 26. Mobile Phone Insurance Market by Region, 2020
Figure 27. U.S. Mobile Phone Insurance Market, 2020-2030 ($Million)
Figure 28. Canada Mobile Phone Insurance Market, 2020-2030 ($Million)
Figure 29. U.K. Mobile Phone Insurance Market, 2020-2030 ($Million)
Figure 30. Germany Mobile Phone Insurance Market, 2020-2030 ($Million)
Figure 31. France Mobile Phone Insurance Market, 2020-2030 ($Million)
Figure 32. Italy Mobile Phone Insurance Market, 2020-2030 ($Million)
Figure 33. Spain Mobile Phone Insurance Market, 2020-2030 ($Million)
Figure 34. Netherlands Mobile Phone Insurance Market, 2020-2030 ($Million)
Figure 35. Poland Mobile Phone Insurance Market, 2020-2030 ($Million)
Figure 36. Hungary Mobile Phone Insurance Market, 2020-2030 ($Million)
Figure 37. Austria Mobile Phone Insurance Market, 2020-2030 ($Million)
Figure 38. Switzerland Mobile Phone Insurance Market, 2020-2030 ($Million)
Figure 39. Rest of Europe Mobile Phone Insurance Market, 2020-2030 ($Million)
Figure 40. China Mobile Phone Insurance Market, 2020-2030 ($Million)
Figure 41. Japan Mobile Phone Insurance Market, 2020-2030 ($Million)
Figure 42. India Mobile Phone Insurance Market, 2020-2030 ($Million)
Figure 43. Australia Mobile Phone Insurance Market, 2020-2030 ($Million)
Figure 44. South Korea Mobile Phone Insurance Market, 2020-2030 ($Million)
Figure 45. Hong Kong Mobile Phone Insurance Market, 2020-2030 ($Million)
Figure 46. Viet Nam Mobile Phone Insurance Market, 2020-2030 ($Million)
Figure 47. Philippines Mobile Phone Insurance Market, 2020-2030 ($Million)
Figure 48. Indonesia Mobile Phone Insurance Market, 2020-2030 ($Million)
Figure 49. Taiwan Mobile Phone Insurance Market, 2020-2030 ($Million)
Figure 50. Thailand Mobile Phone Insurance Market, 2020-2030 ($Million)
Figure 51. Malaysia Mobile Phone Insurance Market, 2020-2030 ($Million)
Figure 52. Singapore Mobile Phone Insurance Market, 2020-2030 ($Million)
Figure 53. Rest of Asia-Pacific Mobile Phone Insurance Market, 2020-2030 ($Million)
Figure 54. Latin America Mobile Phone Insurance Market, 2020-2030 ($Million)
Figure 55. Middle East Mobile Phone Insurance Market, 2020-2030 ($Million)
Figure 56. Africa Mobile Phone Insurance Market, 2020-2030 ($Million)
Figure 57. Top Winning Strategies, by Year
Figure 58. Top Winning Strategies, by Development
Figure 59. Top Winning Strategies, by Company
Figure 60. Product Mapping of Top 10 Players
Figure 61. Competitive Dashboard
Figure 62. Competitive Heatmap of Top 10 Key Players
Figure 63. Apple Inc. Net Sales, ($Million)
Figure 64. Assurant, Inc. Net Sales, ($Million)
Figure 65. Asurion.: Net Sales, ($Million)
Figure 66. AT&T Intellectual Property.: Net Sales, ($Million)
Figure 67. Aviva.: Net Sales, ($Million)
Figure 68. Bolttech.: Net Sales, ($Million)
Figure 69. Chubb.: Net Sales, ($Million)
Figure 70. Digital Care Sp. Z O.O. Net Sales, ($Million)
Figure 71. Servify.: Net Sales, ($Million)
Figure 72. Singtel.: Net Sales, ($Million)
Figure 73. U Mobile Sdn Bhd.: Net Sales, ($Million)

Executive Summary

According to this report titled, 'Mobile Phone Insurance Market,' the mobile phone insurance market was valued at $24.6 billion in 2020, and is estimated to reach $74.5 billion by 2030, growing at a CAGR of 11.8% from 2021 to 2030.

Mobile phone insurance is called service contracts, which provides component fix repair service for phones sold by retailers, and service providers. It often provides additional coverage of phones such as unauthorized usage, malicious damage, e-wallet payments or theft. Mobile phone insurance also covers the cost and inconvenience of mechanical and electrical failures. Factors such as increase in incidents of accidental damage, phone thefts, virus infection, and device malfunction, surge in adoption of high quality smartphones, are some of the major factors, which drive the mobile phone insurance market growth. In addition, high replacement cost of various parts of mobile phones drives the growth of the mobile phone insurance market. However, decline in sale of mobile phones is a major restraint that hinders the growth of the market. On the contrary, surge in demand for innovative products is expected to boost boost mobile phone insurance market growth in the future.

On the basis of phone type, the premium phones segment dominated the mobile phone insurance market share in 2020, and is expected to maintain its dominance in the upcoming years owing to growing need to provide enhance security to this phones as premium phones are more prone to technical and physical damages, which lead to huge losses. In addition, the mid & high-end phones segment is expected to witness highest growth rate in the upcoming years, owing to the growing penetration of mid-end smartphones globally. The rapid advancements in technology and decreasing costs of mid-end smartphones are encouraging users to opt for mid-end smartphones than premium smartphones. Thus, mobile phone insurance companies are now heavily capitalizing on insurance plans specific to mid and high-end smartphones. This is expected to drive the growth of the segment over the forecast period.

Region wise, the mobile phone insurance market size was dominated by North America in 2020, and is expected to retain its position during the forecast period. The major factors that drive the growth of the market in this region include 60% consumers prefer mobile phone insurance, while 62% are active users of mobile phone insurance in the country. However, Asia-Pacific is expected to witness the highest growth rate during the forecast period, owing to its emerging economies, high cost of repairs, several offers & benefits, and better customer experience provided under mobile phone insurance.

The mobile phone insurance market has been negatively impacted by the COVID-19 outbreak. This is attributed to the fact that changes in demands for mobile phone claims and restrictions for travelling across the countries have led to decline in cell phone insurance premiums. Furthermore, consecutive lockdown, social distancing norms, and increase in number of COVID-19-positive cases decrease the revenue to more than 50% in the U.S. owing to sharp decline in sales of consumer electronics, which in turn, reduced the demand for mobile phone insurance industry.

Key findings of the Study

  • By phone type, the premium smartphone segment led the mobile phone insurance market in terms of revenue in 2020.
  • By coverage type, the physical damage segment accounted for the highest mobile phone insurance market share in 2020.
  • By region, North America generated the highest revenue in 2020.
The key players profiled in the mobile phone insurance market analysis are Apple Inc., ASSURANT, INC., Asurion, AT&T Intellectual Property, Aviva, bolttech, Chubb, Digital Care sp. z o.o., Servify, Singtel, and U Mobile Sdn Bhd. These players have adopted various strategies to increase their market penetration and strengthen their position in the mobile phone insurance industry.

Companies Mentioned

  • Apple Inc.
  • ASSURANT, INC.
  • Asurion
  • AT&T Intellectual Property
  • Aviva
  • Bolttech
  • Chubb
  • Digital Care sp. z o.o.
  • Servify
  • Singtel
  • U Mobile Sdn Bhd

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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