Setting

Europe 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

Published: 31 Oct 2023 | Report Code: 10247323 | Pages: 135

Europe Mobile Phone Insurance Market was valued at $8.73 billion in 2022 and will grow by 10.7% annually over 2022-2032, 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 77 tables and 48 figures, this 135-page report “Europe 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 comprehensive research of the entire Europe 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 a forecast from 2023 to 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 the 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 Europe market is forecast in an optimistic, balanced, and conservative view by taking into account COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 Europe 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:
• Germany
• UK
• France
• Spain
• Italy
• Russia
• Rest of Europe (further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)

 

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 is 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 Europe 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 Europe 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 Europe 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 Europe Market by End User    61
6.1 Market Overview by End User    61
6.2 Personal    63
6.3 Enterprise    64
7 Segmentation of Europe 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 European Market 2022-2032 by Country    72
8.1 Overview of European Market    72
8.2 Germany    75
8.3 U.K.    77
8.4 France    79
8.5 Spain    81
8.6 Italy    83
8.7 Russia    85
8.8 Rest of European Market    87
9 Competitive Landscape    89
9.1 Overview of Key Vendors    89
9.2 New Product Launch, Partnership, Investment, and M&A    93
9.3 Company Profiles    94
AIG    94
Allianz Insurance    96
Apple Inc    99
Assurant, Inc.    102
Asurion, LLC    104
At&T Inc.    106
Aviva    110
Better Buy Insurance    112
Brightstar Corp.    113
Gadget Cover    115
Insurance2go    117
Liberty Mutual Insurance Group    118
O2 Mobile Insurance    120
Pier Insurance Managed Services    121
ProtectCELL    122
Protect your Bubble    123
Salt Insurance Services Limited    124
Sunrise Communications AG    125
Swisscom    127
Switched on Insurance    129
Three Ireland (Hutchison) Limited    131
Tinhat    132
Trov, Inc.    133
RELATED REPORTS    135

 

List of Tables:

Table 1. Snapshot of Europe 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 Europe Mobile Phone Insurance Market    37
Table 6. Europe Mobile Phone Insurance Market by Coverage, 2022-2032, $ mn    45
Table 7. Europe Mobile Phone Insurance Market by Phone Type, 2022-2032, $ mn    52
Table 8. Europe Mobile Phone Insurance Market by Phone Category, 2022-2032, $ mn    57
Table 9. Europe Mobile Phone Insurance Market by End User, 2022-2032, $ mn    61
Table 10. Europe Mobile Phone Insurance Market by Distribution Channel, 2022-2032, $ mn    65
Table 11. Europe Mobile Phone Insurance Market by Country, 2022-2032, $ mn    74
Table 12. Germany Mobile Phone Insurance Market by Coverage, 2022-2032, $ mn    76
Table 13. Germany Mobile Phone Insurance Market by Phone Type, 2022-2032, $ mn    76
Table 14. Germany Mobile Phone Insurance Market by Distribution Channel, 2022-2032, $ mn    76
Table 15. U.K. Mobile Phone Insurance Market by Coverage, 2022-2032, $ mn    78
Table 16. U.K. Mobile Phone Insurance Market by Phone Type, 2022-2032, $ mn    78
Table 17. U.K. Mobile Phone Insurance Market by Distribution Channel, 2022-2032, $ mn    78
Table 18. France Mobile Phone Insurance Market by Coverage, 2022-2032, $ mn    80
Table 19. France Mobile Phone Insurance Market by Phone Type, 2022-2032, $ mn    80
Table 20. France Mobile Phone Insurance Market by Distribution Channel, 2022-2032, $ mn    80
Table 21. Spain Mobile Phone Insurance Market by Coverage, 2022-2032, $ mn    82
Table 22. Spain Mobile Phone Insurance Market by Phone Type, 2022-2032, $ mn    82
Table 23. Spain Mobile Phone Insurance Market by Distribution Channel, 2022-2032, $ mn    82
Table 24. Italy Mobile Phone Insurance Market by Coverage, 2022-2032, $ mn    84
Table 25. Italy Mobile Phone Insurance Market by Phone Type, 2022-2032, $ mn    84
Table 26. Italy Mobile Phone Insurance Market by Distribution Channel, 2022-2032, $ mn    84
Table 27. Russia Mobile Phone Insurance Market by Coverage, 2022-2032, $ mn    86
Table 28. Russia Mobile Phone Insurance Market by Phone Type, 2022-2032, $ mn    86
Table 29. Russia Mobile Phone Insurance Market by Distribution Channel, 2022-2032, $ mn    86
Table 30. Mobile Phone Insurance Market in Rest of Europe by Country, 2022-2032, $ mn    88
Table 31. Breakdown of Europe Market by Key Vendor, 2022, ?
Table 32. AIG: Company Snapshot    94
Table 33. AIG: Business Segmentation    95
Table 34. AIG: Product Portfolio    95
Table 35. Allianz Insurance: Company Snapshot    96
Table 36. Allianz Insurance: Business Segmentation    96
Table 37. Allianz Insurance: Product Portfolio    97
Table 38. Allianz Insurance: Revenue, 2016-2018, $ mn    97
Table 39. Allianz Insurance: Recent Developments    98
Table 40. Apple Inc.: Company Snapshot    99
Table 41. Apple Inc.: Business Segmentation    100
Table 42. Apple Inc.: Product Portfolio    100
Table 43. Apple Inc.: Revenue, 2016-2018, $ mn    101
Table 44. Apple Inc.: Recent Developments    101
Table 45. Assurant, Inc.: Company Snapshot    102
Table 46. Assurant, Inc.: Recent Developments    103
Table 47. Asurion, LLC: Company Snapshot    104
Table 48. Asurion, LLC: Recent Developments    105
Table 49. At&T Inc.: Company Snapshot    106
Table 50. At&T Inc.: Business Segmentation    106
Table 51. At&T Inc.: Product Portfolio    107
Table 52. At&T Inc.: Revenue, 2017-2019, $ bn    107
Table 53. At&T Inc.: Recent Developments    109
Table 54. Aviva: Company Snapshot    110
Table 55. Aviva: Business Segmentation    110
Table 56. Aviva: Revenue, 2016-2018, $ mn    111
Table 57. Aviva: Recent Developments    111
Table 58. Better Buy Insurance: Company Snapshot    112
Table 59. Brightstar Corp.: Company Snapshot    113
Table 60. Brightstar Corp.: Product Portfolio    113
Table 61. Brightstar Corp.: Recent Developments    114
Table 62. Gadget Cover: Company Snapshot    115
Table 63. Insurance2go: Company Snapshot    117
Table 64. Liberty Mutual Insurance Group: Company Snapshot    118
Table 65. Liberty Mutual Insurance Group: Business Segmentation    119
Table 66. Liberty Mutual Insurance Group: Recent Developments    119
Table 67. O2 Mobile Insurance: Company Snapshot    120
Table 68. Pier Insurance Managed Services: Company Snapshot    121
Table 69. ProtectCELL: Company Snapshot    122
Table 70. Protect your Bubble: Company Snapshot    123
Table 71. Salt Insurance Services Limited: Company Snapshot    124
Table 72. Sunrise Communications AG: Company Snapshot    125
Table 73. Swisscom: Company Snapshot    127
Table 74. Switched on Insurance: Company Snapshot    129
Table 75. Three Ireland (Hutchison) Limited: Company Snapshot    131
Table 76. Tinhat: Company Snapshot    132
Table 77. Trov, Inc.: Company Snapshot    133

 

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. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032    17
Figure 4. Europe 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 Europe 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 Europe Mobile Phone Insurance Market    34
Figure 10. Investment Opportunity Analysis    38
Figure 11. Porter’s Fiver Forces Analysis of Europe Mobile Phone Insurance Market    41
Figure 12. Breakdown of Europe Mobile Phone Insurance Market by Coverage, 2022-2032, % of Revenue    46
Figure 13. Europe Addressable Market Cap in 2023-2032 by Coverage, Value ($ mn) and Share (%)    46
Figure 14. Europe Mobile Phone Insurance Market by Coverage: Physical Damage, 2022-2032, $ mn    47
Figure 15. Europe Mobile Phone Insurance Market by Coverage: Internal Component Failure, 2022-2032, $ mn    48
Figure 16. Europe Mobile Phone Insurance Market by Coverage: Theft & Loss Protection, 2022-2032, $ mn    49
Figure 17. Europe Mobile Phone Insurance Market by Coverage: Virus & Data Protection, 2022-2032, $ mn    50
Figure 18. Europe Mobile Phone Insurance Market by Coverage: Other Coverage, 2022-2032, $ mn    51
Figure 19. Breakdown of Europe Mobile Phone Insurance Market by Phone Type, 2022-2032, % of Sales Revenue    53
Figure 20. Europe Addressable Market Cap in 2023-2032 by Phone Type, Value ($ mn) and Share (%)    53
Figure 21. Europe Mobile Phone Insurance Market by Phone Type: Premium Smartphones, 2022-2032, $ mn    54
Figure 22. Europe Mobile Phone Insurance Market by Phone Type: Mid & High-end Phones, 2022-2032, $ mn    55
Figure 23. Europe Mobile Phone Insurance Market by Phone Type: Budget Phones, 2022-2032, $ mn    56
Figure 24. Breakdown of Europe Mobile Phone Insurance Market by Phone Category, 2022-2032, % of Sales Revenue    58
Figure 25. Europe Addressable Market Cap in 2023-2032 by Phone Category, Value ($ mn) and Share (%)    58
Figure 26. Europe Mobile Phone Insurance Market by Phone Category: New Phones, 2022-2032, $ mn    59
Figure 27. Europe Mobile Phone Insurance Market by Phone Category: Refurbished Phones, 2022-2032, $ mn    60
Figure 28. Breakdown of Europe Mobile Phone Insurance Market by End User, 2022-2032, % of Revenue    62
Figure 29. Europe Addressable Market Cap in 2023-2032 by End User, Value ($ mn) and Share (%)    62
Figure 30. Europe Mobile Phone Insurance Market by End User: Personal, 2022-2032, $ mn    63
Figure 31. Europe Mobile Phone Insurance Market by End User: Enterprise, 2022-2032, $ mn    64
Figure 32. Breakdown of Europe Mobile Phone Insurance Market by Distribution Channel, 2022-2032, % of Revenue    66
Figure 33. Europe Addressable Market Cap in 2023-2032 by Distribution Channel, Value ($ mn) and Share (%)    66
Figure 34. Europe Mobile Phone Insurance Market by Distribution Channel: Mobile Providers, 2022-2032, $ mn    67
Figure 35. Europe Mobile Phone Insurance Market by Distribution Channel: Phone OEMs, 2022-2032, $ mn    68
Figure 36. Europe Mobile Phone Insurance Market by Distribution Channel: Retail Stores, 2022-2032, $ mn    69
Figure 37. Europe Mobile Phone Insurance Market by Distribution Channel: Online, 2022-2032, $ mn    70
Figure 38. Europe Mobile Phone Insurance Market by Distribution Channel: Other Channels, 2022-2032, $ mn    71
Figure 39. Breakdown of European Mobile Phone Insurance Market by Country, 2022 and 2032, % of Revenue    73
Figure 40. Contribution to Europe 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)    74
Figure 41. Mobile Phone Insurance Market in Germany, 2022-2032, $ mn    75
Figure 42. Mobile Phone Insurance Market in U.K., 2022-2032, $ mn    77
Figure 43. Mobile Phone Insurance Market in France, 2022-2032, $ mn    79
Figure 44. Mobile Phone Insurance Market in Spain, 2022-2032, $ mn    81
Figure 45. Mobile Phone Insurance Market in Italy, 2022-2032, $ mn    83
Figure 46. Mobile Phone Insurance Market in Russia, 2022-2032, $ mn    85
Figure 47. Mobile Phone Insurance Market in Rest of Europe, 2022-2032, $ mn    87
Figure 48. Growth Stage of Europe Mobile Phone Insurance Industry over the Forecast Period    89
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.)