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DUBLIN–(COMMERCIAL WIRE)–The “US Mobile Phone Insurance Market (2022-2027) by Phone Type, Distribution Channel, Coverage, End User, Competitive Analysis, and the Impact of Covid-19 with Ansoff Analysis” Report has been added to ResearchAndMarkets.com offering.
The US mobile phone insurance market is estimated to be $7.58 billion in 2022 and is expected to reach $12.84 billion by 2027, growing at 11.12% CAGR.
The US cell phone insurance market is segmented by phone type, distribution channel, coverage, and end user.
Type of phone, the market is classified into budget phones, mid-range and high-end phones, and premium smartphones.
Distribution Channel, the market is classified into Offline and Online.
Coverage, the market is categorized into Physical Damage, Internal Component Failure, Theft and Loss Protection, and Others
End User, the market is categorized into Companies and Individuals.
The report includes the Competitive Quadrant, a proprietary tool for analyzing and evaluating the position of companies based on their Industry Position Score and Market Performance Score. The tool uses various factors to categorize players into four categories. Some of these factors considered for the analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
The report presents a detailed analysis of the Ansoff Matrix for the US mobile phone insurance market. The Ansoff Matrix, also known as the Product/Market Expansion Grid, is a strategic tool used to devise strategies for company growth. . The matrix can be used to assess approaches in four strategies, viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved in each approach.
The analyst analyzes the US cell phone insurance market using the Ansoff Matrix to provide the best approaches a company can take to improve its position in the market.
Based on the SWOT analysis done on the industry and industry players, the analyst has come up with suitable strategies for the growth of the market.
A complete analysis of the market, including the parent industry
Important market dynamics and trends
Historical, current and projected market size based on value and volume
Market Shares and Strategies of Key Players
Recommendations to companies to strengthen their presence in the market
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive summary
4 Market Dynamics
4.1.1 Greater risk of default
4.1.2 Increasing digitization of financial services
4.1.3 Increase in Commercial Operations
4.1.4 Growth under strict terms and conditions
4.2.1 Complex governance rules
4.2.2 Add more costs when doing business
4.3.1 Advances in Technologies
4.3.2 Demand for Personalized Business Services
4.4.1 Fraud issues and cyber attacks
5 Market Analysis
5.1 Regulatory scenario
5.2 Porter’s five forces analysis
5.3 Impact of COVID-19
5.4 Analysis of the Ansoff matrix
6 US Mobile Phone Insurance Market, by Phone Type
6.2 Budget phone
6.3 Mid-range and high-end phones
6.4 Premium smartphone
7 US mobile phone insurance market, by distribution channel
8 US mobile phone insurance market, by coverage
8.2 Physical damage
8.3 Internal component failure
8.4 Protection against theft and loss
8.5.1 Electronic damage
8.5.2 Virus protection
8.5.3 Data protection
9 US Mobile Phone Insurance Market, by End User
10 Competitive Landscape
10.1 Competitive Quadrant
10.2 Market share analysis
10.3 Strategic initiatives
10.3.1 Mergers and Acquisitions and Investments
10.3.2 Partnerships and collaborations
10.3.3 Product developments and improvements
American International Group, Inc.
GoCare Warranty Group
better buy insurance
For more information on this report, visit https://www.researchandmarkets.com/r/40cre6