Published: 31 Oct 2023 | Report Code: 10247322 | Pages: 128
North America Mobile Phone Insurance Market is projected to grow by 11.0% annually in the forecast period and reach $27.94 billion by 2032, driven by the rising number of mobile users, growing incidents of damages involving unintentional handling damage and virus infection, and the surging cases of phone thefts. Highlighted with 67 tables and 44 figures, this 128-page report “North America Mobile Phone Insurance Market 2022-2032 by Coverage (Physical Damage, Internal Failure, Theft, Virus), Phone Type (Premium, Mid & High-end, Budget), Phone Category (New, Refurbished), End User (Personal, Enterprise), Distribution Channel (Mobile Providers, OEMs, Retail, Online), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire North America Mobile Phone Insurance Market and all its sub-segments through extensively detailed classifications.
Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Five Forces
The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify North America Mobile Phone Insurance Market in every aspect of the classification from perspectives of Coverage, Phone Type, Phone Category, End User, Distribution Channel, and Country.
Based on Coverage, the North America market is segmented into the following sub-markets with annual revenue ($ 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.)
Table of Contents: 1 Introduction 8 1.1 Industry Definition and Research Scope 8 1.1.1 Industry Definition 8 1.1.2 Research Scope 9 1.2 Research Methodology 12 1.2.1 Overview of Market Research Methodology 12 1.2.2 Market Assumption 13 1.2.3 Secondary Data 13 1.2.4 Primary Data 13 1.2.5 Data Filtration and Model Design 14 1.2.6 Market Size/Share Estimation 15 1.2.7 Research Limitations 16 1.3 Executive Summary 17 2 Market Overview and Dynamics 20 2.1 Market Size and Forecast 20 2.1.1 Impact of COVID-19 on World Economy 21 2.1.2 Impact of COVID-19 on the Market 24 2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 26 2.2 Major Growth Drivers 30 2.3 Market Restraints and Challenges 34 2.4 Emerging Opportunities and Market Trends 37 2.5 Porter’s Fiver Forces Analysis 41 3 Segmentation of North America Market by Coverage 45 3.1 Market Overview by Coverage 45 3.2 Physical Damage 47 3.3 Internal Component Failure 48 3.4 Theft & Loss Protection 49 3.5 Virus & Data Protection 50 3.6 Other Coverage 51 4 Segmentation of North America Market by Phone Type 52 4.1 Market Overview by Phone Type 52 4.2 Premium Smartphones 54 4.3 Mid & High-end Phones 55 4.4 Budget Phones 56 5 Segmentation of North America Market by Phone Category 57 5.1 Market Overview by Phone Category 57 5.2 New Phones 59 5.3 Refurbished Phones 60 6 Segmentation of North America Market by End User 61 6.1 Market Overview by End User 61 6.2 Personal 63 6.3 Enterprise 64 7 Segmentation of North America Market by Distribution Channel 65 7.1 Market Overview by Distribution Channel 65 7.2 Mobile Providers 67 7.3 Phone OEMs 68 7.4 Retail Stores 69 7.5 Online 70 7.6 Other Channels 71 8 North America Market 2022-2032 by Country 72 8.1 Overview of North America Market 72 8.2 U.S. 75 8.3 Canada 78 8.4 Mexico 80 9 Competitive Landscape 82 9.1 Overview of Key Vendors 82 9.2 New Product Launch, Partnership, Investment, and M&A 86 9.3 Company Profiles 87 AIG 87 Allianz Insurance 89 Apple Inc 92 Assurant, Inc. 95 Asurion, LLC 97 At&T Inc. 99 Aviva 103 Better Buy Insurance 105 Brightstar Corp. 106 Gadget Cover 108 Insurance2go 110 Liberty Mutual Insurance Group 111 O2 Mobile Insurance 113 Pier Insurance Managed Services 114 ProtectCELL 115 Protect your Bubble 116 Salt Insurance Services Limited 117 Sunrise Communications AG 118 Swisscom 120 Switched on Insurance 122 Three Ireland (Hutchison) Limited 124 Tinhat 125 Trov, Inc. 126 RELATED REPORTS 128
List of Tables: Table 1. Snapshot of North America Mobile Phone Insurance Market in Balanced Perspective, 2022-2032 18 Table 2. World Economic Outlook, 2021-2031 22 Table 3. World Economic Outlook, 2021-2023 23 Table 4. Scenarios for Economic Impact of Ukraine Crisis 27 Table 5. Main Product Trends and Market Opportunities in North America Mobile Phone Insurance Market 37 Table 6. North America Mobile Phone Insurance Market by Coverage, 2022-2032, $ mn 45 Table 7. North America Mobile Phone Insurance Market by Phone Type, 2022-2032, $ mn 52 Table 8. North America Mobile Phone Insurance Market by Phone Category, 2022-2032, $ mn 57 Table 9. North America Mobile Phone Insurance Market by End User, 2022-2032, $ mn 61 Table 10. North America Mobile Phone Insurance Market by Distribution Channel, 2022-2032, $ mn 65 Table 11. North America Mobile Phone Insurance Market by Country, 2022-2032, $ mn 73 Table 12. U.S. Mobile Phone Insurance Market by Coverage, 2022-2032, $ mn 77 Table 13. U.S. Mobile Phone Insurance Market by Phone Type, 2022-2032, $ mn 77 Table 14. U.S. Mobile Phone Insurance Market by Distribution Channel, 2022-2032, $ mn 77 Table 15. Canada Mobile Phone Insurance Market by Coverage, 2022-2032, $ mn 79 Table 16. Canada Mobile Phone Insurance Market by Phone Type, 2022-2032, $ mn 79 Table 17. Canada Mobile Phone Insurance Market by Distribution Channel, 2022-2032, $ mn 79 Table 18. Mexico Mobile Phone Insurance Market by Coverage, 2022-2032, $ mn 81 Table 19. Mexico Mobile Phone Insurance Market by Phone Type, 2022-2032, $ mn 81 Table 20. Mexico Mobile Phone Insurance Market by Distribution Channel, 2022-2032, $ mn 81 Table 21. Breakdown of World Market by Key Vendor, 2022, ? Table 22. AIG: Company Snapshot 87 Table 23. AIG: Business Segmentation 88 Table 24. AIG: Product Portfolio 88 Table 25. Allianz Insurance: Company Snapshot 89 Table 26. Allianz Insurance: Business Segmentation 89 Table 27. Allianz Insurance: Product Portfolio 90 Table 28. Allianz Insurance: Revenue, 2016-2018, $ mn 90 Table 29. Allianz Insurance: Recent Developments 91 Table 30. Apple Inc.: Company Snapshot 92 Table 31. Apple Inc.: Business Segmentation 93 Table 32. Apple Inc.: Product Portfolio 93 Table 33. Apple Inc.: Revenue, 2016-2018, $ mn 94 Table 34. Apple Inc.: Recent Developments 94 Table 35. Assurant, Inc.: Company Snapshot 95 Table 36. Assurant, Inc.: Recent Developments 96 Table 37. Asurion, LLC: Company Snapshot 97 Table 38. Asurion, LLC: Recent Developments 98 Table 39. At&T Inc.: Company Snapshot 99 Table 40. At&T Inc.: Business Segmentation 99 Table 41. At&T Inc.: Product Portfolio 100 Table 42. At&T Inc.: Revenue, 2017-2019, $ bn 100 Table 43. At&T Inc.: Recent Developments 102 Table 44. Aviva: Company Snapshot 103 Table 45. Aviva: Business Segmentation 103 Table 46. Aviva: Revenue, 2016-2018, $ mn 104 Table 47. Aviva: Recent Developments 104 Table 48. Better Buy Insurance: Company Snapshot 105 Table 49. Brightstar Corp.: Company Snapshot 106 Table 50. Brightstar Corp.: Product Portfolio 106 Table 51. Brightstar Corp.: Recent Developments 107 Table 52. Gadget Cover: Company Snapshot 108 Table 53. Insurance2go: Company Snapshot 110 Table 54. Liberty Mutual Insurance Group: Company Snapshot 111 Table 55. Liberty Mutual Insurance Group: Business Segmentation 112 Table 56. Liberty Mutual Insurance Group: Recent Developments 112 Table 57. O2 Mobile Insurance: Company Snapshot 113 Table 58. Pier Insurance Managed Services: Company Snapshot 114 Table 59. ProtectCELL: Company Snapshot 115 Table 60. Protect your Bubble: Company Snapshot 116 Table 61. Salt Insurance Services Limited: Company Snapshot 117 Table 62. Sunrise Communications AG: Company Snapshot 118 Table 63. Swisscom: Company Snapshot 120 Table 64. Switched on Insurance: Company Snapshot 122 Table 65. Three Ireland (Hutchison) Limited: Company Snapshot 124 Table 66. Tinhat: Company Snapshot 125 Table 67. Trov, Inc.: Company Snapshot 126
List of Figures: Figure 1. Research Method Flow Chart 12 Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 15 Figure 3. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 17 Figure 4. North America Mobile Phone Insurance Market, 2022-2032, $ mn 20 Figure 5. Impact of COVID-19 on Business 24 Figure 6. Primary Drivers and Impact Factors of North America Mobile Phone Insurance Market 30 Figure 7. Forecast of Middle-class Population by Region, 2015-2030, million 33 Figure 8. World Total InsurTech Investment by Year and Grand Total Split by P&C and L&H, 2012-2022, $ million 33 Figure 9. Primary Restraints and Impact Factors of North America Mobile Phone Insurance Market 34 Figure 10. Investment Opportunity Analysis 38 Figure 11. Porter’s Fiver Forces Analysis of North America Mobile Phone Insurance Market 41 Figure 12. Breakdown of North America Mobile Phone Insurance Market by Coverage, 2022-2032, % of Revenue 46 Figure 13. North America Addressable Market Cap in 2023-2032 by Coverage, Value ($ mn) and Share (%) 46 Figure 14. North America Mobile Phone Insurance Market by Coverage: Physical Damage, 2022-2032, $ mn 47 Figure 15. North America Mobile Phone Insurance Market by Coverage: Internal Component Failure, 2022-2032, $ mn 48 Figure 16. North America Mobile Phone Insurance Market by Coverage: Theft & Loss Protection, 2022-2032, $ mn 49 Figure 17. North America Mobile Phone Insurance Market by Coverage: Virus & Data Protection, 2022-2032, $ mn 50 Figure 18. North America Mobile Phone Insurance Market by Coverage: Other Coverage, 2022-2032, $ mn 51 Figure 19. Breakdown of North America Mobile Phone Insurance Market by Phone Type, 2022-2032, % of Sales Revenue 53 Figure 20. North America Addressable Market Cap in 2023-2032 by Phone Type, Value ($ mn) and Share (%) 53 Figure 21. North America Mobile Phone Insurance Market by Phone Type: Premium Smartphones, 2022-2032, $ mn 54 Figure 22. North America Mobile Phone Insurance Market by Phone Type: Mid & High-end Phones, 2022-2032, $ mn 55 Figure 23. North America Mobile Phone Insurance Market by Phone Type: Budget Phones, 2022-2032, $ mn 56 Figure 24. Breakdown of North America Mobile Phone Insurance Market by Phone Category, 2022-2032, % of Sales Revenue 58 Figure 25. North America Addressable Market Cap in 2023-2032 by Phone Category, Value ($ mn) and Share (%) 58 Figure 26. North America Mobile Phone Insurance Market by Phone Category: New Phones, 2022-2032, $ mn 59 Figure 27. North America Mobile Phone Insurance Market by Phone Category: Refurbished Phones, 2022-2032, $ mn 60 Figure 28. Breakdown of North America Mobile Phone Insurance Market by End User, 2022-2032, % of Revenue 62 Figure 29. North America Addressable Market Cap in 2023-2032 by End User, Value ($ mn) and Share (%) 62 Figure 30. North America Mobile Phone Insurance Market by End User: Personal, 2022-2032, $ mn 63 Figure 31. North America Mobile Phone Insurance Market by End User: Enterprise, 2022-2032, $ mn 64 Figure 32. Breakdown of North America Mobile Phone Insurance Market by Distribution Channel, 2022-2032, % of Revenue 66 Figure 33. North America Addressable Market Cap in 2023-2032 by Distribution Channel, Value ($ mn) and Share (%) 66 Figure 34. North America Mobile Phone Insurance Market by Distribution Channel: Mobile Providers, 2022-2032, $ mn 67 Figure 35. North America Mobile Phone Insurance Market by Distribution Channel: Phone OEMs, 2022-2032, $ mn 68 Figure 36. North America Mobile Phone Insurance Market by Distribution Channel: Retail Stores, 2022-2032, $ mn 69 Figure 37. North America Mobile Phone Insurance Market by Distribution Channel: Online, 2022-2032, $ mn 70 Figure 38. North America Mobile Phone Insurance Market by Distribution Channel: Other Channels, 2022-2032, $ mn 71 Figure 39. Breakdown of North America Mobile Phone Insurance Market by Country, 2022 and 2032, % of Revenue 73 Figure 40. Contribution to North America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 74 Figure 41. U.S. Mobile Phone Insurance Market, 2022-2032, $ mn 76 Figure 42. Canada Mobile Phone Insurance Market, 2022-2032, $ mn 78 Figure 43. Mobile Phone Insurance Market in Mexico, 2022-2032, $ mn 80 Figure 44. Growth Stage of North America Mobile Phone Insurance Industry over the Forecast Period 82
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.)