Asia Pacific Mobile Phone Insurance Market 2022-2032 by Coverage (Physical Damage, Internal Failure, Theft, Virus), Phone Type (Premium, Mid & High-end, Budget), Phone Category (New, Refurbished), End User (Personal, Enterprise), Distribution Channel (Mobile Providers, OEMs, Retail, Online), and Country: Trend Forecast and Growth Opportunity

October 2023 | 134 pages | ID: A442475AE953EN
GMD Research

Abstracts

Asia Pacific mobile phone insurance market will grow by 13.6% annually with a total addressable market cap of $166.50 billion over 2023-2032, driven by the rising number of mobile users, growing incidents of damages involving unintentional handling damage and virus infection, and the surging cases of phone thefts.

Highlighted with 74 tables and 47 figures, this 134-page report “Asia Pacific Mobile Phone Insurance Market 2022-2032 by Coverage (Physical Damage, Internal Failure, Theft, Virus), Phone Type (Premium, Mid & High-end, Budget), Phone Category (New, Refurbished), End User (Personal, Enterprise), Distribution Channel (Mobile Providers, OEMs, Retail, Online), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Asia Pacific mobile phone insurance market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces

The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Asia Pacific mobile phone insurance market in every aspect of the classification from perspectives of Coverage, Phone Type, Phone Category, End User, Distribution Channel, and Country.

Based on Coverage, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Physical Damage
• Internal Component Failure
• Theft & Loss Protection
• Virus & Data Protection
• Other Coverage

Based on Phone Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Premium Smartphones
• Mid & High-end Phones
• Budget Phones

By Phone Category, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• New Phones
• Refurbished Phones

By End User, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Personal
• Enterprise

By Distribution Channel, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Mobile Providers
• Phone OEMs
• Retail Stores
• Online
• Other Channels

Geographically, the following national/local markets are fully investigated:

• Japan
• China
• South Korea
• Australia
• India
• Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)

For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Coverage, Phone Type, and Distribution Channel over the forecast years are also included.

The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Selected Key Players:

AIG

Allianz Insurance

Apple Inc

Assurant, Inc.

Asurion, LLC

At&T Inc.

Aviva

Better Buy Insurance

Brightstar Corp.

Gadget Cover

Insurance2go

Liberty Mutual Insurance Group

O2 Mobile Insurance

Pier Insurance Managed Services

ProtectCELL

Protect your Bubble

Salt Insurance Services Limited

Sunrise Communications AG

Swisscom

Switched on Insurance

Three Ireland (Hutchison) Limited

Tinhat

Trov, Inc.

(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)

Contents

1 INTRODUCTION

1.1 Industry Definition and Research Scope
  1.1.1 Industry Definition
  1.1.2 Research Scope
1.2 Research Methodology
  1.2.1 Overview of Market Research Methodology
  1.2.2 Market Assumption
  1.2.3 Secondary Data
  1.2.4 Primary Data
  1.2.5 Data Filtration and Model Design
  1.2.6 Market Size/Share Estimation
  1.2.7 Research Limitations
1.3 Executive Summary

2 MARKET OVERVIEW AND DYNAMICS

2.1 Market Size and Forecast
  2.1.1 Impact of COVID-19 on World Economy
  2.1.2 Impact of COVID-19 on the Market
  2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery
2.2 Major Growth Drivers
2.3 Market Restraints and Challenges
2.4 Emerging Opportunities and Market Trends
2.5 Porter’s Fiver Forces Analysis

3 SEGMENTATION OF ASIA PACIFIC MARKET BY COVERAGE

3.1 Market Overview by Coverage
3.2 Physical Damage
3.3 Internal Component Failure
3.4 Theft & Loss Protection
3.5 Virus & Data Protection
3.6 Other Coverage

4 SEGMENTATION OF ASIA PACIFIC MARKET BY PHONE TYPE

4.1 Market Overview by Phone Type
4.2 Premium Smartphones
4.3 Mid & High-end Phones
4.4 Budget Phones

5 SEGMENTATION OF ASIA PACIFIC MARKET BY PHONE CATEGORY

5.1 Market Overview by Phone Category
5.2 New Phones
5.3 Refurbished Phones

6 SEGMENTATION OF ASIA PACIFIC MARKET BY END USER

6.1 Market Overview by End User
6.2 Personal
6.3 Enterprise

7 SEGMENTATION OF ASIA PACIFIC MARKET BY DISTRIBUTION CHANNEL

7.1 Market Overview by Distribution Channel
7.2 Mobile Providers
7.3 Phone OEMs
7.4 Retail Stores
7.5 Online
7.6 Other Channels

8 ASIA-PACIFIC MARKET 2022-2032 BY COUNTRY

8.1 Overview of Asia-Pacific Market
8.2 Japan
8.3 China
8.4 Australia
8.5 India
8.6 South Korea
8.7 Rest of APAC Region

9 COMPETITIVE LANDSCAPE

9.1 Overview of Key Vendors
9.2 New Product Launch, Partnership, Investment, and M&A
9.3 Company Profiles
AIG
Allianz Insurance
Apple Inc
Assurant, Inc.
Asurion, LLC
At&T Inc.
Aviva
Better Buy Insurance
Brightstar Corp.
Gadget Cover
Insurance2go
Liberty Mutual Insurance Group
O2 Mobile Insurance
Pier Insurance Managed Services
ProtectCELL
Protect your Bubble
Salt Insurance Services Limited
Sunrise Communications AG
Swisscom
Switched on Insurance
Three Ireland (Hutchison) Limited
Tinhat
Trov, Inc.
RELATED REPORTS

List Of Tables

LIST OF TABLES

Table 1. Snapshot of Asia Pacific Mobile Phone Insurance Market in Balanced Perspective, 2022-2032
Table 2. World Economic Outlook, 2021-2031
Table 3. World Economic Outlook, 2021-2023
Table 4. Scenarios for Economic Impact of Ukraine Crisis
Table 5. Main Product Trends and Market Opportunities in Asia Pacific Mobile Phone Insurance Market
Table 6. Asia Pacific Mobile Phone Insurance Market by Coverage, 2022-2032, $ mn
Table 7. Asia Pacific Mobile Phone Insurance Market by Phone Type, 2022-2032, $ mn
Table 8. Asia Pacific Mobile Phone Insurance Market by Phone Category, 2022-2032, $ mn
Table 9. Asia Pacific Mobile Phone Insurance Market by End User, 2022-2032, $ mn
Table 10. Asia Pacific Mobile Phone Insurance Market by Distribution Channel, 2022-2032, $ mn
Table 11. APAC Mobile Phone Insurance Market by Country, 2022-2032, $ mn
Table 12. Japan Mobile Phone Insurance Market by Coverage, 2022-2032, $ mn
Table 13. Japan Mobile Phone Insurance Market by Phone Type, 2022-2032, $ mn
Table 14. Japan Mobile Phone Insurance Market by Distribution Channel, 2022-2032, $ mn
Table 15. China Mobile Phone Insurance Market by Coverage, 2022-2032, $ mn
Table 16. China Mobile Phone Insurance Market by Phone Type, 2022-2032, $ mn
Table 17. China Mobile Phone Insurance Market by Distribution Channel, 2022-2032, $ mn
Table 18. Australia Mobile Phone Insurance Market by Coverage, 2022-2032, $ mn
Table 19. Australia Mobile Phone Insurance Market by Phone Type, 2022-2032, $ mn
Table 20. Australia Mobile Phone Insurance Market by Distribution Channel, 2022-2032, $ mn
Table 21. India Mobile Phone Insurance Market by Coverage, 2022-2032, $ mn
Table 22. India Mobile Phone Insurance Market by Phone Type, 2022-2032, $ mn
Table 23. India Mobile Phone Insurance Market by Distribution Channel, 2022-2032, $ mn
Table 24. South Korea Mobile Phone Insurance Market by Coverage, 2022-2032, $ mn
Table 25. South Korea Mobile Phone Insurance Market by Phone Type, 2022-2032, $ mn
Table 26. South Korea Mobile Phone Insurance Market by Distribution Channel, 2022-2032, $ mn
Table 27. Mobile Phone Insurance Market in Rest of APAC by Country/Region, 2022-2032, $ mn
Table 28. Breakdown of World Market by Key Vendor, 2022, %
Table 29. AIG: Company Snapshot
Table 30. AIG: Business Segmentation
Table 31. AIG: Product Portfolio
Table 32. Allianz Insurance: Company Snapshot
Table 33. Allianz Insurance: Business Segmentation
Table 34. Allianz Insurance: Product Portfolio
Table 35. Allianz Insurance: Revenue, 2016-2018, $ mn
Table 36. Allianz Insurance: Recent Developments
Table 37. Apple Inc.: Company Snapshot
Table 38. Apple Inc.: Business Segmentation
Table 39. Apple Inc.: Product Portfolio
Table 40. Apple Inc.: Revenue, 2016-2018, $ mn
Table 41. Apple Inc.: Recent Developments
Table 42. Assurant, Inc.: Company Snapshot
Table 43. Assurant, Inc.: Recent Developments
Table 44. Asurion, LLC: Company Snapshot
Table 45. Asurion, LLC: Recent Developments
Table 46. At&T Inc.: Company Snapshot
Table 47. At&T Inc.: Business Segmentation
Table 48. At&T Inc.: Product Portfolio
Table 49. At&T Inc.: Revenue, 2017-2019, $ bn
Table 50. At&T Inc.: Recent Developments
Table 51. Aviva: Company Snapshot
Table 52 Aviva: Business Segmentation
Table 53 Aviva: Revenue, 2016-2018, $ mn
Table 54. Aviva: Recent Developments
Table 55. Better Buy Insurance: Company Snapshot
Table 56. Brightstar Corp.: Company Snapshot
Table 57. Brightstar Corp.: Product Portfolio
Table 58. Brightstar Corp.: Recent Developments
Table 59. Gadget Cover: Company Snapshot
Table 60. Insurance2go: Company Snapshot
Table 61. Liberty Mutual Insurance Group: Company Snapshot
Table 62. Liberty Mutual Insurance Group: Business Segmentation
Table 63. Liberty Mutual Insurance Group: Recent Developments
Table 64. O2 Mobile Insurance: Company Snapshot
Table 65. Pier Insurance Managed Services: Company Snapshot
Table 66. ProtectCELL: Company Snapshot
Table 67. Protect your Bubble: Company Snapshot
Table 68. Salt Insurance Services Limited: Company Snapshot
Table 69. Sunrise Communications AG: Company Snapshot
Table 70. Swisscom: Company Snapshot
Table 71. Switched on Insurance: Company Snapshot
Table 72. Three Ireland (Hutchison) Limited: Company Snapshot
Table 73. Tinhat: Company Snapshot
Table 74. Trov, Inc.: Company Snapshot

List Of Figures

LIST OF FIGURES

Figure 1. Research Method Flow Chart
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation
Figure 3. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032
Figure 4. Asia Pacific Mobile Phone Insurance Market, 2022-2032, $ mn
Figure 5. Impact of COVID-19 on Business
Figure 6. Primary Drivers and Impact Factors of Asia Pacific Mobile Phone Insurance Market
Figure 7. Forecast of Middle-class Population by Region, 2015-2030, million
Figure 8. World Total InsurTech Investment by Year and Grand Total Split by P&C and L&H, 2012-2022, $ million
Figure 9. Primary Restraints and Impact Factors of Asia Pacific Mobile Phone Insurance Market
Figure 10. Investment Opportunity Analysis
Figure 11. Porter’s Fiver Forces Analysis of Asia Pacific Mobile Phone Insurance Market
Figure 12. Breakdown of Asia Pacific Mobile Phone Insurance Market by Coverage, 2022-2032, % of Revenue
Figure 13. Asia Pacific Addressable Market Cap in 2023-2032 by Coverage, Value ($ mn) and Share (%)
Figure 14. Asia Pacific Mobile Phone Insurance Market by Coverage: Physical Damage, 2022-2032, $ mn
Figure 15. Asia Pacific Mobile Phone Insurance Market by Coverage: Internal Component Failure, 2022-2032, $ mn
Figure 16. Asia Pacific Mobile Phone Insurance Market by Coverage: Theft & Loss Protection, 2022-2032, $ mn
Figure 17. Asia Pacific Mobile Phone Insurance Market by Coverage: Virus & Data Protection, 2022-2032, $ mn
Figure 18. Asia Pacific Mobile Phone Insurance Market by Coverage: Other Coverage, 2022-2032, $ mn
Figure 19. Breakdown of Asia Pacific Mobile Phone Insurance Market by Phone Type, 2022-2032, % of Sales Revenue
Figure 20. Asia Pacific Addressable Market Cap in 2023-2032 by Phone Type, Value ($ mn) and Share (%)
Figure 21. Asia Pacific Mobile Phone Insurance Market by Phone Type: Premium Smartphones, 2022-2032, $ mn
Figure 22. Asia Pacific Mobile Phone Insurance Market by Phone Type: Mid & High-end Phones, 2022-2032, $ mn
Figure 23. Asia Pacific Mobile Phone Insurance Market by Phone Type: Budget Phones, 2022-2032, $ mn
Figure 24. Breakdown of Asia Pacific Mobile Phone Insurance Market by Phone Category, 2022-2032, % of Sales Revenue
Figure 25. Asia Pacific Addressable Market Cap in 2023-2032 by Phone Category, Value ($ mn) and Share (%)
Figure 26. Asia Pacific Mobile Phone Insurance Market by Phone Category: New Phones, 2022-2032, $ mn
Figure 27. Asia Pacific Mobile Phone Insurance Market by Phone Category: Refurbished Phones, 2022-2032, $ mn
Figure 28. Breakdown of Asia Pacific Mobile Phone Insurance Market by End User, 2022-2032, % of Revenue
Figure 29. Asia Pacific Addressable Market Cap in 2023-2032 by End User, Value ($ mn) and Share (%)
Figure 30. Asia Pacific Mobile Phone Insurance Market by End User: Personal, 2022-2032, $ mn
Figure 31. Asia Pacific Mobile Phone Insurance Market by End User: Enterprise, 2022-2032, $ mn
Figure 32. Breakdown of Asia Pacific Mobile Phone Insurance Market by Distribution Channel, 2022-2032, % of Revenue
Figure 33. Asia Pacific Addressable Market Cap in 2023-2032 by Distribution Channel, Value ($ mn) and Share (%)
Figure 34. Asia Pacific Mobile Phone Insurance Market by Distribution Channel: Mobile Providers, 2022-2032, $ mn
Figure 35. Asia Pacific Mobile Phone Insurance Market by Distribution Channel: Phone OEMs, 2022-2032, $ mn
Figure 36. Asia Pacific Mobile Phone Insurance Market by Distribution Channel: Retail Stores, 2022-2032, $ mn
Figure 37. Asia Pacific Mobile Phone Insurance Market by Distribution Channel: Online, 2022-2032, $ mn
Figure 38. Asia Pacific Mobile Phone Insurance Market by Distribution Channel: Other Channels, 2022-2032, $ mn
Figure 39. Breakdown of APAC Mobile Phone Insurance Market by Country, 2022 and 2032, % of Revenue
Figure 40. Contribution to APAC 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 41. Mobile Phone Insurance Market in Japan, 2022-2032, $ mn
Figure 42. Mobile Phone Insurance Market in China, 2022-2032, $ mn
Figure 43. Mobile Phone Insurance Market in Australia, 2022-2032, $ mn
Figure 44. Mobile Phone Insurance Market in India, 2022-2032, $ mn
Figure 45. Mobile Phone Insurance Market in South Korea, 2022-2032, $ mn
Figure 46. Mobile Phone Insurance Market in Rest of APAC, 2022-2032, $ mn
Figure 47. Growth Stage of Asia Pacific Mobile Phone Insurance Industry over the Forecast Period