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Global Gadget Insurance Market Size study, By Coverage Type (Physical Damage, Electronic Damage, Data Protection, Virus Protection and Theft Protection), Device Type (Laptops, Computers, Cameras, Mobile Devices, and Tablets), and End User (Corporate and Individual), and Regional Forecasts 2022-2028

September 2022 | 200 pages | ID: G2C06917BDA0EN
Bizwit Research & Consulting LLP

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Global Gadget Insurance Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028.

The Gadget Insurance specially designed insurance product intended for electronic gadgets such as Mobile Phones, Laptops, Computer Systems and Cameras among others. Gadget insurance offers cover for the cost of repairing and replacement of the gadgets in case they are damaged or stolen. The increasing adoption of various types of gadgets and rising awareness towards Gadget Insurance products as well as Strategic initiatives from leading market players are factors that are accelerating the global market demand. For instance, according to during 2021, the revenue generated by the global smartphone market reached to USD 481.2 billion dollars and as per projections the market would grow to over USD 500 billion by 2026. Moreover, leading market players are working towards strategic collaboration to launch innovative products in Gadget insurance market. For instance, in May 2022, Philippines based insurance company Etiqa Philippines and Insurtech company Igloo collaborated to launch gadget insurance plans for mobile devices through a digital portal in Philippines. Also, growing digitalization across the globe coupled with increasing penetration of online insurance distribution platforms are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, a high premium cost associated with gadget insurance and lack of penetration in developing regions impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Gadget Insurance Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing adoption of high valued electronic gadgets and presence of leading insurance providers in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of insurance sector and increasing penetration of leading market players in the region, would create lucrative growth prospects for the Gadget Insurance Market across the Asia Pacific region.

Major market players included in this report are:
Pier Insurance Managed Services Limited
Shepherd Compello Limited
BIG Warranties Limited
Insurance Factory Ltd
Square Pound Limited
Loyal Insurance services Ltd
Acumen Insurance Services Ltd
Taurus Insurance Services Limited
Bastion Insurance Services Ltd
Ripe Thinking Limited


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Coverage Type
Physical Damage
Electronic Damage
Data protection
Virus Protection
Theft Protection

By Device Type
Laptops
Mobile Devices
Cameras
Computers
Tablets

By End User
Corporate
Individual
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Gadget Insurance Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
  1.2.1. Global Gadget Insurance Market, by Region, 2020-2028 (USD Million)
  1.2.2. Global Gadget Insurance Market, by Coverage Type, 2020-2028 (USD Million)
  1.2.3. Global Gadget Insurance Market, by Device Type, 2020-2028 (USD Million)
  1.2.4. Global Gadget Insurance Market, by End User, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL GADGET INSURANCE MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL GADGET INSURANCE MARKET DYNAMICS

3.1. Gadget Insurance Market Impact Analysis (2020-2028)
  3.1.1. Market Drivers
    3.1.1.1. Increasing adoption of various types of gadgets
    3.1.1.2. Rising awareness towards Gadget Insurance products.
    3.1.1.3. Strategic initiatives from leading market players.
  3.1.2. Market Challenges
    3.1.2.1. High premium cost associated with gadget insurance.
    3.1.2.2. Lack of penetration in developing regions.
  3.1.3. Market Opportunities
    3.1.3.1. Growing digitalization across the globe.
    3.1.3.2. Increasing penetration of online insurance distribution platforms.

CHAPTER 4. GLOBAL GADGET INSURANCE MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

  5.1.1. Assessment of the overall impact of COVID-19 on the industry
  5.1.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL GADGET INSURANCE MARKET, BY COVERAGE TYPE

6.1. Market Snapshot
6.2. Global Gadget Insurance Market by Coverage Type, Performance - Potential Analysis
6.3. Global Gadget Insurance Market Estimates & Forecasts by Coverage Type 2018-2028 (USD Million)
6.4. Gadget Insurance Market, Sub Segment Analysis
  6.4.1. Physical Damage
  6.4.2. Electronic Damage
  6.4.3. Data protection
  6.4.4. Virus Protection
  6.4.5. Theft Protection

CHAPTER 7. GLOBAL GADGET INSURANCE MARKET, BY DEVICE TYPE

7.1. Market Snapshot
7.2. Global Gadget Insurance Market by Device Type, Performance - Potential Analysis
7.3. Global Gadget Insurance Market Estimates & Forecasts by Device Type 2018-2028 (USD Million)
7.4. Gadget Insurance Market, Sub Segment Analysis
  7.4.1. Laptops
  7.4.2. Mobile Devices
  7.4.3. Cameras
  7.4.4. Computers
  7.4.5. Tablets

CHAPTER 8. GLOBAL GADGET INSURANCE MARKET, BY END USER

8.1. Market Snapshot
8.2. Global Gadget Insurance Market by End User, Performance - Potential Analysis
8.3. Global Gadget Insurance Market Estimates & Forecasts by End User 2018-2028 (USD Million)
8.4. Gadget Insurance Market, Sub Segment Analysis
  8.4.1. Corporate
  8.4.2. Individual

CHAPTER 9. GLOBAL GADGET INSURANCE MARKET, REGIONAL ANALYSIS

9.1. Gadget Insurance Market, Regional Market Snapshot
9.2. North America Gadget Insurance Market
  9.2.1. U.S. Gadget Insurance Market
    9.2.1.1. Coverage Type estimates & forecasts, 2018-2028
    9.2.1.2. Device Type estimates & forecasts, 2018-2028
    9.2.1.3. End User estimates & forecasts, 2018-2028
  9.2.2. Canada Gadget Insurance Market
9.3. Europe Gadget Insurance Market Snapshot
  9.3.1. U.K. Gadget Insurance Market
  9.3.2. Germany Gadget Insurance Market
  9.3.3. France Gadget Insurance Market
  9.3.4. Spain Gadget Insurance Market
  9.3.5. Italy Gadget Insurance Market
  9.3.6. Rest of Europe Gadget Insurance Market
9.4. Asia-Pacific Gadget Insurance Market Snapshot
  9.4.1. China Gadget Insurance Market
  9.4.2. India Gadget Insurance Market
  9.4.3. Japan Gadget Insurance Market
  9.4.4. Australia Gadget Insurance Market
  9.4.5. South Korea Gadget Insurance Market
  9.4.6. Rest of Asia Pacific Gadget Insurance Market
9.5. Latin America Gadget Insurance Market Snapshot
  9.5.1. Brazil Gadget Insurance Market
  9.5.2. Mexico Gadget Insurance Market
9.6. Rest of The World Gadget Insurance Market

CHAPTER 10. COMPETITIVE INTELLIGENCE

10.1. Top Market Strategies
10.2. Company Profiles
  10.2.1. Pier Insurance Managed Services Limited
    10.2.1.1. Key Information
    10.2.1.2. Overview
    10.2.1.3. Financial (Subject to Data Availability)
    10.2.1.4. Product Summary
    10.2.1.5. Recent Developments
  10.2.2. Shepherd Compello Limited
  10.2.3. BIG Warranties Limited
  10.2.4. Insurance Factory Ltd
  10.2.5. Square Pound Limited
  10.2.6. Loyal Insurance services Ltd
  10.2.7. Acumen Insurance Services Ltd
  10.2.8. Taurus Insurance Services Limited
  10.2.9. Bastion Insurance Services Ltd
  10.2.10. Ripe Thinking Limited

CHAPTER 11. RESEARCH PROCESS

11.1. Research Process
  11.1.1. Data Mining
  11.1.2. Analysis
  11.1.3. Market Estimation
  11.1.4. Validation
  11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Gadget Insurance Market, report scope
TABLE 2. Global Gadget Insurance Market estimates & forecasts by Region 2018-2028 (USD Million)
TABLE 3. Global Gadget Insurance Market estimates & forecasts by Coverage Type 2018-2028 (USD Million)
TABLE 4. Global Gadget Insurance Market estimates & forecasts by Device Type 2018-2028 (USD Million)
TABLE 5. Global Gadget Insurance Market estimates & forecasts by End User 2018-2028 (USD Million)
TABLE 6. Global Gadget Insurance Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 7. Global Gadget Insurance Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 8. Global Gadget Insurance Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 9. Global Gadget Insurance Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 10. Global Gadget Insurance Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 11. Global Gadget Insurance Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 12. Global Gadget Insurance Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 13. Global Gadget Insurance Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 14. Global Gadget Insurance Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 15. Global Gadget Insurance Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 16. U.S. Gadget Insurance Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 17. U.S. Gadget Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 18. U.S. Gadget Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 19. Canada Gadget Insurance Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 20. Canada Gadget Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 21. Canada Gadget Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 22. UK Gadget Insurance Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 23. UK Gadget Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 24. UK Gadget Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 25. Germany Gadget Insurance Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 26. Germany Gadget Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 27. Germany Gadget Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 28. RoE Gadget Insurance Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 29. RoE Gadget Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 30. RoE Gadget Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 31. China Gadget Insurance Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 32. China Gadget Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 33. China Gadget Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 34. India Gadget Insurance Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 35. India Gadget Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 36. India Gadget Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 37. Japan Gadget Insurance Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 38. Japan Gadget Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 39. Japan Gadget Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 40. RoAPAC Gadget Insurance Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 41. RoAPAC Gadget Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 42. RoAPAC Gadget Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 43. Brazil Gadget Insurance Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 44. Brazil Gadget Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 45. Brazil Gadget Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 46. Mexico Gadget Insurance Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 47. Mexico Gadget Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 48. Mexico Gadget Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 49. RoLA Gadget Insurance Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 50. RoLA Gadget Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 51. RoLA Gadget Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 52. Row Gadget Insurance Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 53. Row Gadget Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 54. Row Gadget Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 55. List of secondary sources, used in the study of global Gadget Insurance Market
TABLE 56. List of primary sources, used in the study of global Gadget Insurance Market
TABLE 57. Years considered for the study
TABLE 58. Exchange rates considered

LIST OF FIGURES

FIG 1. Global Gadget Insurance Market, research methodology
FIG 2. Global Gadget Insurance Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Gadget Insurance Market, key trends 2021
FIG 5. Global Gadget Insurance Market, growth prospects 2022-2028
FIG 6. Global Gadget Insurance Market, porters 5 force model
FIG 7. Global Gadget Insurance Market, pest analysis
FIG 8. Global Gadget Insurance Market, value chain analysis
FIG 9. Global Gadget Insurance Market by segment, 2018 & 2028 (USD Million)
FIG 10. Global Gadget Insurance Market by segment, 2018 & 2028 (USD Million)
FIG 11. Global Gadget Insurance Market by segment, 2018 & 2028 (USD Million)
FIG 12. Global Gadget Insurance Market by segment, 2018 & 2028 (USD Million)
FIG 13. Global Gadget Insurance Market by segment, 2018 & 2028 (USD Million)
FIG 14. Global Gadget Insurance Market, regional snapshot 2018 & 2028
FIG 15. North America Gadget Insurance Market 2018 & 2028 (USD Million)
FIG 16. Europe Gadget Insurance Market 2018 & 2028 (USD Million)
FIG 17. Asia pacific Market 2018 & 2028 (USD Million)
FIG 18. Latin America Gadget Insurance Market 2018 & 2028 (USD Million)
FIG 19. Global Gadget Insurance Market, company Market share analysis (2021)


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