Global Market Study on Mobile Handset Protection: Mobile Operator/Carrier Protection Provider Segment to Reflect a Significant Market Valuation by 2026 End
Mobile Handset Protection Market
Persistence Market Research has crafted a new research report titled “Mobile Handset Protection Market: Global Industry Analysis (2012-2016) and Forecast (2017-2026)” and has included in-depth analysis on the various aspects of the global market.
The global Mobile Handset Protection Market is expected to grow on a voluminous note in the next 10 years. With quantum computing establishing a foothold, data analysis is expected to happen on a speedy note. It would also help in facilitating high-frequency and fraud detection. In other words, the dictum that is likely to be followed by the ICT vertical going forward is “Speed is King”.
The global mobile handset protection market is anticipated to grow at a higher rate to register a robust CAGR of 12.3% throughout the period of assessment. In 2017, this market reflected a value of about US$ 18.2 Biilion and is estimated to touch a market valuation higher than US$ 51 Billion by the end of the year of assessment.
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Smartphones have become a basic necessity in this environment driven by communication and networking. The protection of this basic amenity is henceforth important and the importance of mobile handset protection is surging with several consumers opting for high protection for their expensive devices. Protection against theft, breakage, mechanical breakdown or any other form of accident is being acknowledged by a large number of individuals and it only becomes imperative to protect their devices which are now an integral part in almost every aspect in one’s life.
Key Players:
The report has profiled some of the Important players prevalent in the global like – Xinapse Systems Ltd., Toshiba Medical Systems Corporation Siemens Healthineers, Walmart, Best Buy, Apple Inc., Microsoft Corporation, AT&T Mobility, T-Mobile, Verizon Wireless, American International Group, Inc., CAN Financial Corp., Asurion LLC, Liberty Mutual and SquareTrade and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Mobile Handset Protection.
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Global Mobile Handset Protection Market: Factors Influencing Growth
The growth of the global market for mobile handset protection market is influenced by several aspects. Factors like rising adoption of smartphones at a global level, high growth of global insurance market, increasing accidents and incidences with smartphones and cost benefits associated with the purchasing a mobile handset protection policy as against replacing with a new device are driving the growth of the global mobile handset protection market. Trends such as mobile insurance with mobile buyback solutions and securing personal information in addition to the security of the handset is also boosting the growth of the global market. However, high subscription charges are hindering the growth of the global market.
Global Mobile Handset Protection Market: Segmental Snapshot
The global market for mobile handset protection is segmented on the basis of protection provider, by pricing model, by sales channel and by region.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
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mobile handset protection , smartphone industry , device insurance , screen protectors , protective cases , extended warranties , device security , accidental damage protection , mobile accessories , consumer electronics , market analysis
Jun 07, 2023
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