Mobile Phone Insurance is defined as an insurance product that covers certain insured events arising in relation to mobile phones.
This report is focused on insurance products that exclusively have their primary focus to provide coverage against some kind of damage (loss, theft, physical damage, etc.)
Request a sample of Mobile Phone Insurance Market report @ http://www.arcognizance.com/enquiry-sample/294185
Based on regions, North America and Europe are relatively mature market which are navigating the market.
Based on sales channels, in an effort to boost the uptake of mobile phone insurance, wireless carriers and insurance providers have extensively enhanced their insurance offerings with the addition of location tracking, data protection/recovery features and integrated technical support.
According to this study, over the next five years the Mobile Phone Insurance market will register a 9.2% CAGR in terms of revenue, the global market size will reach US$ 34200 million by 2024, from US$ 20200 million in 2019.
This market research report identifies Friendsurance, Oscar, ZhongAn, Allay, Analyze Re, GetInsured, Bayzat, Bought By Many, Claim Di, and CommonEasy as the major vendors operating in the global Insurtech market.
This report also provides a detailed analysis of the market by components (Software and Services), types (Retail Insurance and Commercial Insurance), by application (Health insurance, Property and casualty insurance, Life insurance, and Others), and region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America).Infoholic’s market research report predicts that the global InsurTech market revenue is valued at $532.7 million in 2018 and is expected to reach $1,119.8 million by 2023, growing at a CAGR of 16.0% during the forecast period 2018–2023.
The insurance sector is all set to adopt new technologies and attract new customers along with retaining the clients delighting with services.
The Asia Pacific region is likely to witness growth in InsurTech due to the presence of few emerging countries and financial hubs in Hong Kong, Singapore, and India.
Also, the insurers are focusing on providing cheap and affordable insurance premium plans in the diversely populated region.Competitive Analysis and Key VendorsThe banks and financial institutions are witnessing transformation with the emergence of FinTech vendors, thereby disrupting the traditional model of operations and processes.
The InsurTech vendors offer software that simplifies the decision-making process for the customers, and the analytics software helps insurers to understand the current need and demand in the market.Request for enquiry on This Report at: http://marketgrowthanalysis.com/reports/enquiry/443Some of the key vendors in the InsurTech market are:FriendsuranceOscarZhongAnAllayAnalyze ReGetInsuredBayzatBought By ManyClaim DiCommonEasySegmentation of componentsSoftwareServicesIn 2017, the software component occupied the largest share, but services component is expected to grow at the highest CAGR during the forecast period.InsurTech market by TypesRetail InsuranceCommercial InsuranceIn 2017, the retail insurance occupied the largest share, but commercial insurance is expected to grow at the highest CAGR during the forecast period.InsurTech market by ApplicationHealth InsuranceProperty and casualty insuranceLife insuranceOthersIn 2017, the property and casualty insurance occupied the largest share, but health insurance is expected to grow at the highest CAGR during the forecast period.
Sydney, Australia and Bangalore, India – January 25, 2021: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has been recognised by the Top Employers Institute as a Top Employer in Australia, for 2021, for the second consecutive year.
