Asia Pacific Mobile Phone Insurance Market Overview, Trends, Opportunities, Growth and Forecast by 2025

 According to the latest report by IMARC Group, titled, “Asia Pacific Mobile Phone Insurance Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", the market is expected to continue its strong growth during the forecast period (2021-2026).

Mobile phone insurance offers financial protection against losses and damages caused to the cell phone of an insurer. It covers theft protection, internal component failure, physical damage, and data and virus protection. At present, there is an increase in the demand for mobile phone insurance services in the Asia Pacific region on account of the rising incidents of thefts and accidental damages.

Market Trends

The leading market players are collaborating with mobile phone manufacturers to provide data protection, introduce recovery features and ensure technical support. This represents one of the key factors propelling the mobile phone insurance market growth. Besides this, rapid urbanization, inflating disposable incomes and the increasing sales of smartphones are driving the market further. Along with this, the availability of direct-to-consumer insurance assistance, multichannel interaction, and online transaction platforms are bolstering the growth of the market. Additionally, major companies in the region are utilizing data analytics to expand their consumer base.


Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/asia-pacific-mobile-phone-insurance-market/requestsample

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Asia Pacific Mobile Phone Insurance Market 2021-2026 Analysis and Segmentation:

The report has segmented the market on the basis of Phone Type, Coverage, Distribution Channel, End User and Region.

Breakup by Phone Type:

New Phone
Refurbished

Breakup by Coverage:

Physical Damage
Electronic Damage
Virus Protection
Data Protection
Theft Protection

Breakup by Distribution Channel:

Mobile Operators
Device OEMs
Retailers
Online
Others

Breakup by End User:

Corporate
Personal

Breakup by Country:

China
Japan
India
South Korea
Australia
Indonesia
Others

Browse full report with TOC: https://www.imarcgroup.com/asia-pacific-mobile-phone-insurance-market

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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