A mobile phone insurance ecosystem is a network or interconnected systems or an interconnected set of services that allow users to fulfill a variety of needs in one integrated experience, and includes insurance providers and customers. The first five-year cumulative revenue (2017-2021) of the global mobile phone insurance ecosystem market is projected to be over US$ 130 Bn, which is expected to increase rather moderately over the latter part of the five-year forecast period.
Global Mobile Phone Insurance Ecosystem Market: Segmental Snapshot
By insurance type: The theft & loss segment accounted for highest revenue share contribution in 2016, as compared to other insurance type segments, and is expected to register a CAGR of over 10% between 2017 and 2026.
By region/country: The market in US accounted for highest revenue share in the global mobile phone insurance ecosystem market in 2016, and the market in Europe is projected to register a CAGR of over 10% between 2017 and 2026.
Key players operating in the global mobile phone insurance ecosystem market include AT&T Inc., Hong Leong Group, BlackBerry Limited, Asurion, LLC, Pier Insurance, Brightstar Device, Protection LLC., Best Buy Co., Inc., Apple Inc., American International Group, Inc., Chubb Limited, and Safeware.
Source of Infographics: Mobile Phone Insurance Ecosystem Market Infographics By MarketResearch