Market Analysis and Insights: Global Mobile Handset Protection Market
Mobile handset protection market will register a growth rate of 12.35% for the forecast period of 2020 to 2027. Increasing awareness among population about the advantages of handset protection is expected to create new opportunity for the market.
Increasing usage of smartphones for enterprise access is expected to enhance the market growth. Some of the other factors such as advancement in the device & network technologies, increasing amount of mobile data on cell phones, increasing trend of bring your own device (BYOD) and enterprise mobility and increasing usage of personal smartphones to access corporate networks will further accelerate the mobile handset protection market in forecast period of 2020 to 2027.
Minimal cost benefits of providing protection services to low priced handsets and easy affordability of handsets is expected to hamper the market growth in the mentioned forecast period.
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Global Mobile Handset Protection Market Scope and Market Size
Global Mobile handset protection market is segmented of the basis of type, pricing model and sales channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the mobile handset protection market is segmented into carrier handset protection, OEM protection, direct to consumer services and others.
- Based on pricing model, the mobile handset protection market is bifurcated into one-time fee, monthly fee and billed by carrier/OEM.
- Sales channel segment of the mobile handset protection market is segmented into retail chains, brand stores and e-commerce/online.
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Mobile Handset Protection Market Country Level Analysis
Mobile handset protection market is analysed and market size, volume information is provided by type, pricing model and sales channel as referenced above.
The countries covered in the mobile handset protection market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the mobile handset protection market in forecast period of 2020 to 2027 due to improvement in the telecom infrastructure and advancement in the communication technology which is expected to enhance the market growth.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Mobile Handset Protection Market Share Analysis
Mobile handset protection market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to mobile handset protection market.
The major players covered in the mobile handset protection market report are AT&T Intellectual Property, SquareTrade, Inc., Asurion, Liberty Mutual Insurance, American International Group, Inc., Verizon, Sprint.com, T-Mobile USA, INC, SquareTrade, Inc., Pier Insurance Managed Services Ltd, Brightstar Corp, Safeware, XCellIns Technologies Pvt. Ltd, Asurion among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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