Asia Pacific mobile phone insurance market will grow by 13.6% annually with a total addressable market cap of $166.50 billion over 2023-2032, 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 74 tables and 47 figures, this 134-page report “Asia Pacific 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 a comprehensive research of the entire Asia Pacific 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 forecast from 2023 till 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 identification and investigation of the following aspects:

• Market Structure

• Growth Drivers

• Restraints and Challenges

• Emerging Product Trends & Market Opportunities

• Porter’s Fiver Forces

The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Asia Pacific 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 Asia Pacific 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 Asia Pacific 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 Asia Pacific 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 Asia Pacific 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 Asia Pacific 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:

• Japan

• China

• South Korea

• Australia

• India

• Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)

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 are 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.)

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 Asia Pacific 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 Asia Pacific 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 Asia Pacific 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 Asia Pacific Market by End User 61

6.1 Market Overview by End User 61

6.2 Personal 63

6.3 Enterprise 64

7 Segmentation of Asia Pacific 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 Asia-Pacific Market 2022-2032 by Country 72

8.1 Overview of Asia-Pacific Market 72

8.2 Japan 75

8.3 China 78

8.4 Australia 80

8.5 India 82

8.6 South Korea 84

8.7 Rest of APAC Region 86

9 Competitive Landscape 88

9.1 Overview of Key Vendors 88

9.2 New Product Launch, Partnership, Investment, and M&A 92

9.3 Company Profiles 93

AIG 93

Allianz Insurance 95

Apple Inc 98

Assurant, Inc. 101

Asurion, LLC 103

At&T Inc. 105

Aviva 109

Better Buy Insurance 111

Brightstar Corp. 112

Gadget Cover 114

Insurance2go 116

Liberty Mutual Insurance Group 117

O2 Mobile Insurance 119

Pier Insurance Managed Services 120

ProtectCELL 121

Protect your Bubble 122

Salt Insurance Services Limited 123

Sunrise Communications AG 124

Swisscom 126

Switched on Insurance 128

Three Ireland (Hutchison) Limited 130

Tinhat 131

Trov, Inc. 132

RELATED REPORTS 134

List of Tables:

Table 1. Snapshot of Asia Pacific 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 Asia Pacific Mobile Phone Insurance Market 37

Table 6. Asia Pacific Mobile Phone Insurance Market by Coverage, 2022-2032, $ mn 45

Table 7. Asia Pacific Mobile Phone Insurance Market by Phone Type, 2022-2032, $ mn 52

Table 8. Asia Pacific Mobile Phone Insurance Market by Phone Category, 2022-2032, $ mn 57

Table 9. Asia Pacific Mobile Phone Insurance Market by End User, 2022-2032, $ mn 61

Table 10. Asia Pacific Mobile Phone Insurance Market by Distribution Channel, 2022-2032, $ mn 65

Table 11. APAC Mobile Phone Insurance Market by Country, 2022-2032, $ mn 73

Table 12. Japan Mobile Phone Insurance Market by Coverage, 2022-2032, $ mn 77

Table 13. Japan Mobile Phone Insurance Market by Phone Type, 2022-2032, $ mn 77

Table 14. Japan Mobile Phone Insurance Market by Distribution Channel, 2022-2032, $ mn 77

Table 15. China Mobile Phone Insurance Market by Coverage, 2022-2032, $ mn 79

Table 16. China Mobile Phone Insurance Market by Phone Type, 2022-2032, $ mn 79

Table 17. China Mobile Phone Insurance Market by Distribution Channel, 2022-2032, $ mn 79

Table 18. Australia Mobile Phone Insurance Market by Coverage, 2022-2032, $ mn 81

Table 19. Australia Mobile Phone Insurance Market by Phone Type, 2022-2032, $ mn 81

Table 20. Australia Mobile Phone Insurance Market by Distribution Channel, 2022-2032, $ mn 81

Table 21. India Mobile Phone Insurance Market by Coverage, 2022-2032, $ mn 83

Table 22. India Mobile Phone Insurance Market by Phone Type, 2022-2032, $ mn 83

Table 23. India Mobile Phone Insurance Market by Distribution Channel, 2022-2032, $ mn 83

Table 24. South Korea Mobile Phone Insurance Market by Coverage, 2022-2032, $ mn 85

Table 25. South Korea Mobile Phone Insurance Market by Phone Type, 2022-2032, $ mn 85

Table 26. South Korea Mobile Phone Insurance Market by Distribution Channel, 2022-2032, $ mn 85

Table 27. Mobile Phone Insurance Market in Rest of APAC by Country/Region, 2022-2032, $ mn 87

Table 28. Breakdown of World Market by Key Vendor, 2022, % 90

Table 29. AIG: Company Snapshot 93

Table 30. AIG: Business Segmentation 94

Table 31. AIG: Product Portfolio 94

Table 32. Allianz Insurance: Company Snapshot 95

Table 33. Allianz Insurance: Business Segmentation 95

Table 34. Allianz Insurance: Product Portfolio 96

Table 35. Allianz Insurance: Revenue, 2016-2018, $ mn 96

Table 36. Allianz Insurance: Recent Developments 97

Table 37. Apple Inc.: Company Snapshot 98

Table 38. Apple Inc.: Business Segmentation 99

Table 39. Apple Inc.: Product Portfolio 99

Table 40. Apple Inc.: Revenue, 2016-2018, $ mn 100

Table 41. Apple Inc.: Recent Developments 100

Table 42. Assurant, Inc.: Company Snapshot 101

Table 43. Assurant, Inc.: Recent Developments 102

Table 44. Asurion, LLC: Company Snapshot 103

Table 45. Asurion, LLC: Recent Developments 104

Table 46. At&T Inc.: Company Snapshot 105

Table 47. At&T Inc.: Business Segmentation 105

Table 48. At&T Inc.: Product Portfolio 106

Table 49. At&T Inc.: Revenue, 2017-2019, $ bn 106

Table 50. At&T Inc.: Recent Developments 108

Table 51. Aviva: Company Snapshot 109

Table 52 Aviva: Business Segmentation 109

Table 53 Aviva: Revenue, 2016-2018, $ mn 110

Table 54. Aviva: Recent Developments 110

Table 55. Better Buy Insurance: Company Snapshot 111

Table 56. Brightstar Corp.: Company Snapshot 112

Table 57. Brightstar Corp.: Product Portfolio 112

Table 58. Brightstar Corp.: Recent Developments 113

Table 59. Gadget Cover: Company Snapshot 114

Table 60. Insurance2go: Company Snapshot 116

Table 61. Liberty Mutual Insurance Group: Company Snapshot 117

Table 62. Liberty Mutual Insurance Group: Business Segmentation 118

Table 63. Liberty Mutual Insurance Group: Recent Developments 118

Table 64. O2 Mobile Insurance: Company Snapshot 119

Table 65. Pier Insurance Managed Services: Company Snapshot 120

Table 66. ProtectCELL: Company Snapshot 121

Table 67. Protect your Bubble: Company Snapshot 122

Table 68. Salt Insurance Services Limited: Company Snapshot 123

Table 69. Sunrise Communications AG: Company Snapshot 124

Table 70. Swisscom: Company Snapshot 126

Table 71. Switched on Insurance: Company Snapshot 128

Table 72. Three Ireland (Hutchison) Limited: Company Snapshot 130

Table 73. Tinhat: Company Snapshot 131

Table 74. Trov, Inc.: Company Snapshot 132

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. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 17

Figure 4. Asia Pacific 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 Asia Pacific 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 Asia Pacific Mobile Phone Insurance Market 34

Figure 10. Investment Opportunity Analysis 38

Figure 11. Porter’s Fiver Forces Analysis of Asia Pacific Mobile Phone Insurance Market 41

Figure 12. Breakdown of Asia Pacific Mobile Phone Insurance Market by Coverage, 2022-2032, % of Revenue 46

Figure 13. Asia Pacific Addressable Market Cap in 2023-2032 by Coverage, Value ($ mn) and Share (%) 46

Figure 14. Asia Pacific Mobile Phone Insurance Market by Coverage: Physical Damage, 2022-2032, $ mn 47

Figure 15. Asia Pacific Mobile Phone Insurance Market by Coverage: Internal Component Failure, 2022-2032, $ mn 48

Figure 16. Asia Pacific Mobile Phone Insurance Market by Coverage: Theft & Loss Protection, 2022-2032, $ mn 49

Figure 17. Asia Pacific Mobile Phone Insurance Market by Coverage: Virus & Data Protection, 2022-2032, $ mn 50

Figure 18. Asia Pacific Mobile Phone Insurance Market by Coverage: Other Coverage, 2022-2032, $ mn 51

Figure 19. Breakdown of Asia Pacific Mobile Phone Insurance Market by Phone Type, 2022-2032, % of Sales Revenue 53

Figure 20. Asia Pacific Addressable Market Cap in 2023-2032 by Phone Type, Value ($ mn) and Share (%) 53

Figure 21. Asia Pacific Mobile Phone Insurance Market by Phone Type: Premium Smartphones, 2022-2032, $ mn 54

Figure 22. Asia Pacific Mobile Phone Insurance Market by Phone Type: Mid & High-end Phones, 2022-2032, $ mn 55

Figure 23. Asia Pacific Mobile Phone Insurance Market by Phone Type: Budget Phones, 2022-2032, $ mn 56

Figure 24. Breakdown of Asia Pacific Mobile Phone Insurance Market by Phone Category, 2022-2032, % of Sales Revenue 58

Figure 25. Asia Pacific Addressable Market Cap in 2023-2032 by Phone Category, Value ($ mn) and Share (%) 58

Figure 26. Asia Pacific Mobile Phone Insurance Market by Phone Category: New Phones, 2022-2032, $ mn 59

Figure 27. Asia Pacific Mobile Phone Insurance Market by Phone Category: Refurbished Phones, 2022-2032, $ mn 60

Figure 28. Breakdown of Asia Pacific Mobile Phone Insurance Market by End User, 2022-2032, % of Revenue 62

Figure 29. Asia Pacific Addressable Market Cap in 2023-2032 by End User, Value ($ mn) and Share (%) 62

Figure 30. Asia Pacific Mobile Phone Insurance Market by End User: Personal, 2022-2032, $ mn 63

Figure 31. Asia Pacific Mobile Phone Insurance Market by End User: Enterprise, 2022-2032, $ mn 64

Figure 32. Breakdown of Asia Pacific Mobile Phone Insurance Market by Distribution Channel, 2022-2032, % of Revenue 66

Figure 33. Asia Pacific Addressable Market Cap in 2023-2032 by Distribution Channel, Value ($ mn) and Share (%) 66

Figure 34. Asia Pacific Mobile Phone Insurance Market by Distribution Channel: Mobile Providers, 2022-2032, $ mn 67

Figure 35. Asia Pacific Mobile Phone Insurance Market by Distribution Channel: Phone OEMs, 2022-2032, $ mn 68

Figure 36. Asia Pacific Mobile Phone Insurance Market by Distribution Channel: Retail Stores, 2022-2032, $ mn 69

Figure 37. Asia Pacific Mobile Phone Insurance Market by Distribution Channel: Online, 2022-2032, $ mn 70

Figure 38. Asia Pacific Mobile Phone Insurance Market by Distribution Channel: Other Channels, 2022-2032, $ mn 71

Figure 39. Breakdown of APAC Mobile Phone Insurance Market by Country, 2022 and 2032, % of Revenue 73

Figure 40. Contribution to APAC 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 74

Figure 41. Mobile Phone Insurance Market in Japan, 2022-2032, $ mn 76

Figure 42. Mobile Phone Insurance Market in China, 2022-2032, $ mn 78

Figure 43. Mobile Phone Insurance Market in Australia, 2022-2032, $ mn 80

Figure 44. Mobile Phone Insurance Market in India, 2022-2032, $ mn 82

Figure 45. Mobile Phone Insurance Market in South Korea, 2022-2032, $ mn 84

Figure 46. Mobile Phone Insurance Market in Rest of APAC, 2022-2032, $ mn 86

Figure 47. Growth Stage of Asia Pacific Mobile Phone Insurance Industry over the Forecast Period 88

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)