Global Mobile Phone Insurance Ecosystem Market accounting for more than $27 Billion in revenue by the end of 2020
Given the increasing prevalence of expensive household goods, cars and consumer electronics, insurance has become an unavoidable and often necessary cost in modern life. Mobile phones, and smartphones in particular are no exception to this trend. Download free request sample copy @ https://www.radiantinsights.com/research/the-mobile-phone-insurance-ecosystem-2017-2030/request-sample Most major mobile operators, insurance specialists, device OEMs, retailers and even banks now offer insurance plans that cover theft, loss, malfunctions and damage of mobile phones. Many policies now also integrate enhanced technical support and additional protection features such as data backup facilities, allowing users to securely backup their phone data online. Radiant Insights, Inc estimates that the global mobile phone insurance market is expected to account for $20.5 Billion in revenue by the end of 2017. The market is further expected to grow at a CAGR of approximately 10% ov...