Global Mobile Handset Protection Market Overview:
Mobile handset protection includes protection from theft, accidental breakage, software malfunction, loss of phone, and other reasons. The protection programs or service provides various type of damages to the phone. The mobile handset mainly has software-related issues along with the failure of hardware components. The mobile handset protection can be provided by the mobile operator/ carrier, mobile device OEM, direct-to-consumer services. Some of the players profiled in the study are American International Group (United States), Verizon (United States), Asurion, LLC (United States), Apple Inc. (United States), Sprint Corporation (United States), AT&T Inc. (United States), SquareTrade Inc. (United States) and T-Mobile (Germany).
On the basis of geography, the market of Mobile Handset Protection has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Components, the sub-segment i.e. Software will boost the Mobile Handset Protection market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Protection, the sub-segment i.e. Theft Protection will boost the Mobile Handset Protection market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Demand for the Protection of Handset from Physical Damage to Cover its Expenses
- Rising Number of Mobile Handset Malware Data Threats and Theft Incidences
- Increasing Popularity of Direct-to-Consumer Services Mobile Handset Protection
- Lack of Awareness Among the People Regarding Mobile Data Thefts and Mobile Handset Protection
- Surging Spenindgs in the Electronics Handset of Developing Nations will Boost the Mobile Handset Protection Market
- High Cost Associated with Mobile Handset Protection
On 17th August 2020, Assurant, a leading global provider of lifestyle and housing solutions that support, protect, and connect major consumer purchases, announced it has acquired Fixt, a leading provider of on-demand mobile device support and repair. Fixt enables consumers to schedule local, onsite repairs of mobile devices via a network of more than 1,500 repair technicians, reducing average repair times and improving customer satisfaction. Integrating Fixtís capabilities into Assurantís end-to-end Dynamic Fulfilment platform will further enhance the experience for mobile device owners.
Target Audience:Mobile Handset Protection Solution Developers, Mobile Handset Protection Industry Association, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
Major Objectives Focused through this Study To define, describe, and forecast the Global Mobile Handset Protection market on the basis of product [One Time Fee, Monthly Fee and Billed By Carrier/ OEM] , application [Mobile Operator/ Carrier, Mobile Device OEM, Direct-to-Consumer Services and Other Channel (Retailers)], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Mobile Handset Protection market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Mobile Handset Protection industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Mobile Handset Protection market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.