North America 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 | 128 pages | ID: N1CC40A9CF4CEN
GMD Research

Abstracts

North America mobile phone insurance market is projected to grow by 11.0% annually in the forecast period and reach $27.94 billion by 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 67 tables and 44 figures, this 128-page report “North America 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 North America 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 North America 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 North America 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 North America 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 North America 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 North America 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 North America 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 North America 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:

• U.S.
• Canada
• Mexico

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 NORTH AMERICA 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 NORTH AMERICA 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 NORTH AMERICA MARKET BY PHONE CATEGORY

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

6 SEGMENTATION OF NORTH AMERICA MARKET BY END USER

6.1 Market Overview by End User
6.2 Personal
6.3 Enterprise

7 SEGMENTATION OF NORTH AMERICA 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 NORTH AMERICA MARKET 2022-2032 BY COUNTRY

8.1 Overview of North America Market
8.2 U.S.
8.3 Canada
8.4 Mexico

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 North America 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 North America Mobile Phone Insurance Market
Table 6. North America Mobile Phone Insurance Market by Coverage, 2022-2032, $ mn
Table 7. North America Mobile Phone Insurance Market by Phone Type, 2022-2032, $ mn
Table 8. North America Mobile Phone Insurance Market by Phone Category, 2022-2032, $ mn
Table 9. North America Mobile Phone Insurance Market by End User, 2022-2032, $ mn
Table 10. North America Mobile Phone Insurance Market by Distribution Channel, 2022-2032, $ mn
Table 11. North America Mobile Phone Insurance Market by Country, 2022-2032, $ mn
Table 12. U.S. Mobile Phone Insurance Market by Coverage, 2022-2032, $ mn
Table 13. U.S. Mobile Phone Insurance Market by Phone Type, 2022-2032, $ mn
Table 14. U.S. Mobile Phone Insurance Market by Distribution Channel, 2022-2032, $ mn
Table 15. Canada Mobile Phone Insurance Market by Coverage, 2022-2032, $ mn
Table 16. Canada Mobile Phone Insurance Market by Phone Type, 2022-2032, $ mn
Table 17. Canada Mobile Phone Insurance Market by Distribution Channel, 2022-2032, $ mn
Table 18. Mexico Mobile Phone Insurance Market by Coverage, 2022-2032, $ mn
Table 19. Mexico Mobile Phone Insurance Market by Phone Type, 2022-2032, $ mn
Table 20. Mexico Mobile Phone Insurance Market by Distribution Channel, 2022-2032, $ mn
Table 21. Breakdown of World Market by Key Vendor, 2022, %
Table 22. AIG: Company Snapshot
Table 23. AIG: Business Segmentation
Table 24. AIG: Product Portfolio
Table 25. Allianz Insurance: Company Snapshot
Table 26. Allianz Insurance: Business Segmentation
Table 27. Allianz Insurance: Product Portfolio
Table 28. Allianz Insurance: Revenue, 2016-2018, $ mn
Table 29. Allianz Insurance: Recent Developments
Table 30. Apple Inc.: Company Snapshot
Table 31. Apple Inc.: Business Segmentation
Table 32. Apple Inc.: Product Portfolio
Table 33. Apple Inc.: Revenue, 2016-2018, $ mn
Table 34. Apple Inc.: Recent Developments
Table 35. Assurant, Inc.: Company Snapshot
Table 36. Assurant, Inc.: Recent Developments
Table 37. Asurion, LLC: Company Snapshot
Table 38. Asurion, LLC: Recent Developments
Table 39. At&T Inc.: Company Snapshot
Table 40. At&T Inc.: Business Segmentation
Table 41. At&T Inc.: Product Portfolio
Table 42. At&T Inc.: Revenue, 2017-2019, $ bn
Table 43. At&T Inc.: Recent Developments
Table 44. Aviva: Company Snapshot
Table 45 Aviva: Business Segmentation
Table 46 Aviva: Revenue, 2016-2018, $ mn
Table 47. Aviva: Recent Developments
Table 48. Better Buy Insurance: Company Snapshot
Table 49. Brightstar Corp.: Company Snapshot
Table 50. Brightstar Corp.: Product Portfolio
Table 51. Brightstar Corp.: Recent Developments
Table 52. Gadget Cover: Company Snapshot
Table 53. Insurance2go: Company Snapshot
Table 54. Liberty Mutual Insurance Group: Company Snapshot
Table 55. Liberty Mutual Insurance Group: Business Segmentation
Table 56. Liberty Mutual Insurance Group: Recent Developments
Table 57. O2 Mobile Insurance: Company Snapshot
Table 58. Pier Insurance Managed Services: Company Snapshot
Table 59. ProtectCELL: Company Snapshot
Table 60. Protect your Bubble: Company Snapshot
Table 61. Salt Insurance Services Limited: Company Snapshot
Table 62. Sunrise Communications AG: Company Snapshot
Table 63. Swisscom: Company Snapshot
Table 64. Switched on Insurance: Company Snapshot
Table 65. Three Ireland (Hutchison) Limited: Company Snapshot
Table 66. Tinhat: Company Snapshot
Table 67. 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. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032
Figure 4. North America Mobile Phone Insurance Market, 2022-2032, $ mn
Figure 5. Impact of COVID-19 on Business
Figure 6. Primary Drivers and Impact Factors of North America 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 North America Mobile Phone Insurance Market
Figure 10. Investment Opportunity Analysis
Figure 11. Porter’s Fiver Forces Analysis of North America Mobile Phone Insurance Market
Figure 12. Breakdown of North America Mobile Phone Insurance Market by Coverage, 2022-2032, % of Revenue
Figure 13. North America Addressable Market Cap in 2023-2032 by Coverage, Value ($ mn) and Share (%)
Figure 14. North America Mobile Phone Insurance Market by Coverage: Physical Damage, 2022-2032, $ mn
Figure 15. North America Mobile Phone Insurance Market by Coverage: Internal Component Failure, 2022-2032, $ mn
Figure 16. North America Mobile Phone Insurance Market by Coverage: Theft & Loss Protection, 2022-2032, $ mn
Figure 17. North America Mobile Phone Insurance Market by Coverage: Virus & Data Protection, 2022-2032, $ mn
Figure 18. North America Mobile Phone Insurance Market by Coverage: Other Coverage, 2022-2032, $ mn
Figure 19. Breakdown of North America Mobile Phone Insurance Market by Phone Type, 2022-2032, % of Sales Revenue
Figure 20. North America Addressable Market Cap in 2023-2032 by Phone Type, Value ($ mn) and Share (%)
Figure 21. North America Mobile Phone Insurance Market by Phone Type: Premium Smartphones, 2022-2032, $ mn
Figure 22. North America Mobile Phone Insurance Market by Phone Type: Mid & High-end Phones, 2022-2032, $ mn
Figure 23. North America Mobile Phone Insurance Market by Phone Type: Budget Phones, 2022-2032, $ mn
Figure 24. Breakdown of North America Mobile Phone Insurance Market by Phone Category, 2022-2032, % of Sales Revenue
Figure 25. North America Addressable Market Cap in 2023-2032 by Phone Category, Value ($ mn) and Share (%)
Figure 26. North America Mobile Phone Insurance Market by Phone Category: New Phones, 2022-2032, $ mn
Figure 27. North America Mobile Phone Insurance Market by Phone Category: Refurbished Phones, 2022-2032, $ mn
Figure 28. Breakdown of North America Mobile Phone Insurance Market by End User, 2022-2032, % of Revenue
Figure 29. North America Addressable Market Cap in 2023-2032 by End User, Value ($ mn) and Share (%)
Figure 30. North America Mobile Phone Insurance Market by End User: Personal, 2022-2032, $ mn
Figure 31. North America Mobile Phone Insurance Market by End User: Enterprise, 2022-2032, $ mn
Figure 32. Breakdown of North America Mobile Phone Insurance Market by Distribution Channel, 2022-2032, % of Revenue
Figure 33. North America Addressable Market Cap in 2023-2032 by Distribution Channel, Value ($ mn) and Share (%)
Figure 34. North America Mobile Phone Insurance Market by Distribution Channel: Mobile Providers, 2022-2032, $ mn
Figure 35. North America Mobile Phone Insurance Market by Distribution Channel: Phone OEMs, 2022-2032, $ mn
Figure 36. North America Mobile Phone Insurance Market by Distribution Channel: Retail Stores, 2022-2032, $ mn
Figure 37. North America Mobile Phone Insurance Market by Distribution Channel: Online, 2022-2032, $ mn
Figure 38. North America Mobile Phone Insurance Market by Distribution Channel: Other Channels, 2022-2032, $ mn
Figure 39. Breakdown of North America Mobile Phone Insurance Market by Country, 2022 and 2032, % of Revenue
Figure 40. Contribution to North America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 41. U.S. Mobile Phone Insurance Market, 2022-2032, $ mn
Figure 42. Canada Mobile Phone Insurance Market, 2022-2032, $ mn
Figure 43. Mobile Phone Insurance Market in Mexico, 2022-2032, $ mn
Figure 44. Growth Stage of North America Mobile Phone Insurance Industry over the Forecast Period