+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Gadget Insurance Market By Coverage Type, By Device Type, By Sales Channel, By End User: Global Opportunity Analysis and Industry Forecast, 2021-2031

  • PDF Icon

    Report

  • 408 Pages
  • September 2022
  • Region: Global
  • Allied Market Research
  • ID: 5713225
A gadget insurance plan covers services such as theft protection, accidental breakage protection, water or liquid damage cover, covers high repair cost, and protection for loss of gadgets. In addition, in case of loss or damage to the gadget due to household fire, a report from the fire station is also required by some insurance companies. There is a list of gadgets which can be insured like cell phones, laptops, digital cameras, computers etc.

Rise in demand for gadget insurance on accidents, such as mechanical breakdown, accidental damages or malicious & liquid damage, theft, and unauthorized usage is a major driving factor for the gadget market. In addition, increase in adoption of high-quality smartphones and wearables boosts the growth of the gadget insurance market by providing many easy solutions to the customers. Moreover, the gadget insurance market has experienced an increase in the demand among consumers owing to surge in number of smart gadgets and rise in number of threats in the form of loss, theft, accidental damage, repair or replacement of components, and others. Therefore, these are the major driving forces for the gadget insurance market. However, demand for gadget insurance has also declined, with decline in sales of PCs and cameras since recent years. Thus, this is a major limiting factor for the market. Contrarily, various companies across the globe are introducing new strategies to improve their market value and surge their revenue as well as enhance their customer experience. Some of the gadget insurance companies are providing applications and other technologically advanced services to their customers to keep their customer safe from the pandemic situation. Therefore, this factor is projected to provide major lucrative opportunity for the growth of the market in the upcoming years.

The global gadget insurance market is segmented on the basis of coverage type, device type, sales channel, end user, and region. By coverage type, it is segmented into physical damage, internal component failure, theft & loss protection, virus & data protection, and others. On the basis of device type, it is divided into laptop & PCs, mobile phones & tablets, home entertainment devices, cameras and others. The mobile phones & tablets is further divided into android, iOS, and others. The android is further segmented into budget mobile phones & tablets and mid & high mobile phones & tablets. Based on sales channel, it is segregated into retail and online. By end user, the market is divided into business and individuals. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The report analyzes the profiles of key players operating in the global gadget insurance market such as Apple Inc., Asurion, AXA, AT&T, Inc., Bajaj Allianz General Insurance Company, Bolttech, Chubb, CloudClover Insurance, Gadget Cover, Progressive Casualty Insurance Company, Samsung, Singtel, Safeware (One 80 intermediares), Tinhat, Worth Ave. Group, OneAssist Consumer Pvt. Ltd., and SquareTrade, Inc. (Allstate). These players have adopted various strategies to increase their market penetration and strengthen their position in the global gadget insurance market.

Key benefits for stakeholders

  • The study provides in-depth analysis of the global gadget insurance market along with the current trends and future estimations to illustrate the imminent investment pockets.
  • Information about key drivers, restraints, & opportunities and their impact analysis on the global gadget insurance market size are provided in the report.
  • The Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
  • The quantitative analysis of the global gadget insurance market from 2021 to 2031 is provided to determine the market potential.

Key Market Segments

By Coverage Type

  • Physical Damage
  • Internal Component Failure
  • Theft and Loss Protection
  • Virus and Data Protection
  • Others

By Device Type

  • Laptop and PCs
  • Mobile Phones and Tablets
  • Mobile Phones and Tablets
  • Android
  • iOS
  • Others
  • Home Entertainment Devices
  • Cameras
  • Others

By Sales Channel

  • Retail
  • Online

By End User

  • Business
  • Individuals

By Region

  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Netherlands
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Singapore
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • Apple,Inc.
  • Asurion
  • AXA
  • AT&T, Inc.
  • Bajaj Allianz General Insurance Company
  • Bolttech
  • Chubb
  • Cloudclover
  • Gadget Cover
  • Progressive Casualty Insurance Company
  • Samsung
  • Singtel
  • Safeware (One 80 Intermediares)
  • Tinhat
  • Worth ave
  • One Assist
  • Square Trade, Inc. (All state)

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market

CHAPTER 4: GADGET INSURANCE MARKET, BY COVERAGE TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Physical Damage
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Internal Component Failure
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Theft and Loss Protection
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
4.5 Virus and Data Protection
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market analysis by country
4.6 Others
4.6.1 Key market trends, growth factors and opportunities
4.6.2 Market size and forecast, by region
4.6.3 Market analysis by country

CHAPTER 5: GADGET INSURANCE MARKET, BY DEVICE TYPE
5.1 Overview
5.1.1 Market size and forecast
5.2 Laptop and PCs
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Mobile Phones and Tablets
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.3.4 Mobile Phones and Tablets Gadget Insurance Market by Mobile Phones and Tablets
5.3.4.1 Android Market size and forecast, by region
5.3.4.2 Android Market size and forecast, by country
5.3.4.3 iOS Market size and forecast, by region
5.3.4.4 iOS Market size and forecast, by country
5.3.4.5 Others Market size and forecast, by region
5.3.4.6 Others Market size and forecast, by country
5.4 Home Entertainment Devices
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
5.5 Cameras
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market analysis by country
5.6 Others
5.6.1 Key market trends, growth factors and opportunities
5.6.2 Market size and forecast, by region
5.6.3 Market analysis by country

CHAPTER 6: GADGET INSURANCE MARKET, BY SALES CHANNEL
6.1 Overview
6.1.1 Market size and forecast
6.2 Retail
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Online
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country

CHAPTER 7: GADGET INSURANCE MARKET, BY END USER
7.1 Overview
7.1.1 Market size and forecast
7.2 Business
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market analysis by country
7.3 Individuals
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market analysis by country

CHAPTER 8: GADGET INSURANCE MARKET, BY REGION
8.1 Overview
8.1.1 Market size and forecast
8.2 North America
8.2.1 Key trends and opportunities
8.2.2 North America Market size and forecast, by Coverage Type
8.2.3 North America Market size and forecast, by Device Type
8.2.3.1 North America Mobile Phones and Tablets Gadget Insurance Market by Mobile Phones and Tablets
8.2.4 North America Market size and forecast, by Sales Channel
8.2.5 North America Market size and forecast, by End User
8.2.6 North America Market size and forecast, by country
8.2.6.1 U.S.
8.2.6.1.1 Market size and forecast, by Coverage Type
8.2.6.1.2 Market size and forecast, by Device Type
8.2.6.1.2.1 U.S. Mobile Phones and Tablets Gadget Insurance Market by Mobile Phones and Tablets
8.2.6.1.3 Market size and forecast, by Sales Channel
8.2.6.1.4 Market size and forecast, by End User
8.2.6.2 Canada
8.2.6.2.1 Market size and forecast, by Coverage Type
8.2.6.2.2 Market size and forecast, by Device Type
8.2.6.2.2.1 Canada Mobile Phones and Tablets Gadget Insurance Market by Mobile Phones and Tablets
8.2.6.2.3 Market size and forecast, by Sales Channel
8.2.6.2.4 Market size and forecast, by End User
8.3 Europe
8.3.1 Key trends and opportunities
8.3.2 Europe Market size and forecast, by Coverage Type
8.3.3 Europe Market size and forecast, by Device Type
8.3.3.1 Europe Mobile Phones and Tablets Gadget Insurance Market by Mobile Phones and Tablets
8.3.4 Europe Market size and forecast, by Sales Channel
8.3.5 Europe Market size and forecast, by End User
8.3.6 Europe Market size and forecast, by country
8.3.6.1 UK
8.3.6.1.1 Market size and forecast, by Coverage Type
8.3.6.1.2 Market size and forecast, by Device Type
8.3.6.1.2.1 UK Mobile Phones and Tablets Gadget Insurance Market by Mobile Phones and Tablets
8.3.6.1.3 Market size and forecast, by Sales Channel
8.3.6.1.4 Market size and forecast, by End User
8.3.6.2 Germany
8.3.6.2.1 Market size and forecast, by Coverage Type
8.3.6.2.2 Market size and forecast, by Device Type
8.3.6.2.2.1 Germany Mobile Phones and Tablets Gadget Insurance Market by Mobile Phones and Tablets
8.3.6.2.3 Market size and forecast, by Sales Channel
8.3.6.2.4 Market size and forecast, by End User
8.3.6.3 France
8.3.6.3.1 Market size and forecast, by Coverage Type
8.3.6.3.2 Market size and forecast, by Device Type
8.3.6.3.2.1 France Mobile Phones and Tablets Gadget Insurance Market by Mobile Phones and Tablets
8.3.6.3.3 Market size and forecast, by Sales Channel
8.3.6.3.4 Market size and forecast, by End User
8.3.6.4 Italy
8.3.6.4.1 Market size and forecast, by Coverage Type
8.3.6.4.2 Market size and forecast, by Device Type
8.3.6.4.2.1 Italy Mobile Phones and Tablets Gadget Insurance Market by Mobile Phones and Tablets
8.3.6.4.3 Market size and forecast, by Sales Channel
8.3.6.4.4 Market size and forecast, by End User
8.3.6.5 Spain
8.3.6.5.1 Market size and forecast, by Coverage Type
8.3.6.5.2 Market size and forecast, by Device Type
8.3.6.5.2.1 Spain Mobile Phones and Tablets Gadget Insurance Market by Mobile Phones and Tablets
8.3.6.5.3 Market size and forecast, by Sales Channel
8.3.6.5.4 Market size and forecast, by End User
8.3.6.6 Netherlands
8.3.6.6.1 Market size and forecast, by Coverage Type
8.3.6.6.2 Market size and forecast, by Device Type
8.3.6.6.2.1 Netherlands Mobile Phones and Tablets Gadget Insurance Market by Mobile Phones and Tablets
8.3.6.6.3 Market size and forecast, by Sales Channel
8.3.6.6.4 Market size and forecast, by End User
8.3.6.7 Rest of Europe
8.3.6.7.1 Market size and forecast, by Coverage Type
8.3.6.7.2 Market size and forecast, by Device Type
8.3.6.7.2.1 Rest of Europe Mobile Phones and Tablets Gadget Insurance Market by Mobile Phones and Tablets
8.3.6.7.3 Market size and forecast, by Sales Channel
8.3.6.7.4 Market size and forecast, by End User
8.4 Asia-Pacific
8.4.1 Key trends and opportunities
8.4.2 Asia-Pacific Market size and forecast, by Coverage Type
8.4.3 Asia-Pacific Market size and forecast, by Device Type
8.4.3.1 Asia-Pacific Mobile Phones and Tablets Gadget Insurance Market by Mobile Phones and Tablets
8.4.4 Asia-Pacific Market size and forecast, by Sales Channel
8.4.5 Asia-Pacific Market size and forecast, by End User
8.4.6 Asia-Pacific Market size and forecast, by country
8.4.6.1 China
8.4.6.1.1 Market size and forecast, by Coverage Type
8.4.6.1.2 Market size and forecast, by Device Type
8.4.6.1.2.1 China Mobile Phones and Tablets Gadget Insurance Market by Mobile Phones and Tablets
8.4.6.1.3 Market size and forecast, by Sales Channel
8.4.6.1.4 Market size and forecast, by End User
8.4.6.2 Japan
8.4.6.2.1 Market size and forecast, by Coverage Type
8.4.6.2.2 Market size and forecast, by Device Type
8.4.6.2.2.1 Japan Mobile Phones and Tablets Gadget Insurance Market by Mobile Phones and Tablets
8.4.6.2.3 Market size and forecast, by Sales Channel
8.4.6.2.4 Market size and forecast, by End User
8.4.6.3 India
8.4.6.3.1 Market size and forecast, by Coverage Type
8.4.6.3.2 Market size and forecast, by Device Type
8.4.6.3.2.1 India Mobile Phones and Tablets Gadget Insurance Market by Mobile Phones and Tablets
8.4.6.3.3 Market size and forecast, by Sales Channel
8.4.6.3.4 Market size and forecast, by End User
8.4.6.4 Australia
8.4.6.4.1 Market size and forecast, by Coverage Type
8.4.6.4.2 Market size and forecast, by Device Type
8.4.6.4.2.1 Australia Mobile Phones and Tablets Gadget Insurance Market by Mobile Phones and Tablets
8.4.6.4.3 Market size and forecast, by Sales Channel
8.4.6.4.4 Market size and forecast, by End User
8.4.6.5 South Korea
8.4.6.5.1 Market size and forecast, by Coverage Type
8.4.6.5.2 Market size and forecast, by Device Type
8.4.6.5.2.1 South Korea Mobile Phones and Tablets Gadget Insurance Market by Mobile Phones and Tablets
8.4.6.5.3 Market size and forecast, by Sales Channel
8.4.6.5.4 Market size and forecast, by End User
8.4.6.6 Singapore
8.4.6.6.1 Market size and forecast, by Coverage Type
8.4.6.6.2 Market size and forecast, by Device Type
8.4.6.6.2.1 Singapore Mobile Phones and Tablets Gadget Insurance Market by Mobile Phones and Tablets
8.4.6.6.3 Market size and forecast, by Sales Channel
8.4.6.6.4 Market size and forecast, by End User
8.4.6.7 Rest of Asia-Pacific
8.4.6.7.1 Market size and forecast, by Coverage Type
8.4.6.7.2 Market size and forecast, by Device Type
8.4.6.7.2.1 Rest of Asia-Pacific Mobile Phones and Tablets Gadget Insurance Market by Mobile Phones and Tablets
8.4.6.7.3 Market size and forecast, by Sales Channel
8.4.6.7.4 Market size and forecast, by End User
8.5 LAMEA
8.5.1 Key trends and opportunities
8.5.2 LAMEA Market size and forecast, by Coverage Type
8.5.3 LAMEA Market size and forecast, by Device Type
8.5.3.1 LAMEA Mobile Phones and Tablets Gadget Insurance Market by Mobile Phones and Tablets
8.5.4 LAMEA Market size and forecast, by Sales Channel
8.5.5 LAMEA Market size and forecast, by End User
8.5.6 LAMEA Market size and forecast, by country
8.5.6.1 Latin America
8.5.6.1.1 Market size and forecast, by Coverage Type
8.5.6.1.2 Market size and forecast, by Device Type
8.5.6.1.2.1 Latin America Mobile Phones and Tablets Gadget Insurance Market by Mobile Phones and Tablets
8.5.6.1.3 Market size and forecast, by Sales Channel
8.5.6.1.4 Market size and forecast, by End User
8.5.6.2 Middle East
8.5.6.2.1 Market size and forecast, by Coverage Type
8.5.6.2.2 Market size and forecast, by Device Type
8.5.6.2.2.1 Middle East Mobile Phones and Tablets Gadget Insurance Market by Mobile Phones and Tablets
8.5.6.2.3 Market size and forecast, by Sales Channel
8.5.6.2.4 Market size and forecast, by End User
8.5.6.3 Africa
8.5.6.3.1 Market size and forecast, by Coverage Type
8.5.6.3.2 Market size and forecast, by Device Type
8.5.6.3.2.1 Africa Mobile Phones and Tablets Gadget Insurance Market by Mobile Phones and Tablets
8.5.6.3.3 Market size and forecast, by Sales Channel
8.5.6.3.4 Market size and forecast, by End User

CHAPTER 9: COMPANY LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Key developments

CHAPTER 10: COMPANY PROFILES
10.1 Apple,Inc.
10.1.1 Company overview
10.1.2 Company snapshot
10.1.3 Operating business segments
10.1.4 Product portfolio
10.1.5 Business performance
10.1.6 Key strategic moves and developments
10.2 Asurion
10.2.1 Company overview
10.2.2 Company snapshot
10.2.3 Operating business segments
10.2.4 Product portfolio
10.2.5 Business performance
10.2.6 Key strategic moves and developments
10.3 AXA
10.3.1 Company overview
10.3.2 Company snapshot
10.3.3 Operating business segments
10.3.4 Product portfolio
10.3.5 Business performance
10.3.6 Key strategic moves and developments
10.4 AT&T, Inc.
10.4.1 Company overview
10.4.2 Company snapshot
10.4.3 Operating business segments
10.4.4 Product portfolio
10.4.5 Business performance
10.4.6 Key strategic moves and developments
10.5 Bajaj Allianz General Insurance Company
10.5.1 Company overview
10.5.2 Company snapshot
10.5.3 Operating business segments
10.5.4 Product portfolio
10.5.5 Business performance
10.5.6 Key strategic moves and developments
10.6 Bolttech
10.6.1 Company overview
10.6.2 Company snapshot
10.6.3 Operating business segments
10.6.4 Product portfolio
10.6.5 Business performance
10.6.6 Key strategic moves and developments
10.7 Chubb
10.7.1 Company overview
10.7.2 Company snapshot
10.7.3 Operating business segments
10.7.4 Product portfolio
10.7.5 Business performance
10.7.6 Key strategic moves and developments
10.8 Cloudclover
10.8.1 Company overview
10.8.2 Company snapshot
10.8.3 Operating business segments
10.8.4 Product portfolio
10.8.5 Business performance
10.8.6 Key strategic moves and developments
10.9 Gadget Cover
10.9.1 Company overview
10.9.2 Company snapshot
10.9.3 Operating business segments
10.9.4 Product portfolio
10.9.5 Business performance
10.9.6 Key strategic moves and developments
10.10 Progressive Casualty Insurance Company
10.10.1 Company overview
10.10.2 Company snapshot
10.10.3 Operating business segments
10.10.4 Product portfolio
10.10.5 Business performance
10.10.6 Key strategic moves and developments
10.11 Samsung
10.11.1 Company overview
10.11.2 Company snapshot
10.11.3 Operating business segments
10.11.4 Product portfolio
10.11.5 Business performance
10.11.6 Key strategic moves and developments
10.12 Singtel
10.12.1 Company overview
10.12.2 Company snapshot
10.12.3 Operating business segments
10.12.4 Product portfolio
10.12.5 Business performance
10.12.6 Key strategic moves and developments
10.13 Safeware (One 80 Intermediares)
10.13.1 Company overview
10.13.2 Company snapshot
10.13.3 Operating business segments
10.13.4 Product portfolio
10.13.5 Business performance
10.13.6 Key strategic moves and developments
10.14 Tinhat
10.14.1 Company overview
10.14.2 Company snapshot
10.14.3 Operating business segments
10.14.4 Product portfolio
10.14.5 Business performance
10.14.6 Key strategic moves and developments
10.15 Worth ave
10.15.1 Company overview
10.15.2 Company snapshot
10.15.3 Operating business segments
10.15.4 Product portfolio
10.15.5 Business performance
10.15.6 Key strategic moves and developments
10.16 One Assist
10.16.1 Company overview
10.16.2 Company snapshot
10.16.3 Operating business segments
10.16.4 Product portfolio
10.16.5 Business performance
10.16.6 Key strategic moves and developments
10.17 Square Trade, Inc. (All state)
10.17.1 Company overview
10.17.2 Company snapshot
10.17.3 Operating business segments
10.17.4 Product portfolio
10.17.5 Business performance
10.17.6 Key strategic moves and developments

List of Tables
Table 1. Global Gadget Insurance Market, by Coverage Type, 2021-2031 ($Million)
Table 2. Gadget Insurance Market, for Physical Damage, by Region, 2021-2031 ($Million)
Table 3. Gadget Insurance Market for Physical Damage, by Country, 2021-2031 ($Million)
Table 4. Gadget Insurance Market, for Internal Component Failure, by Region, 2021-2031 ($Million)
Table 5. Gadget Insurance Market for Internal Component Failure, by Country, 2021-2031 ($Million)
Table 6. Gadget Insurance Market, for Theft and Loss Protection, by Region, 2021-2031 ($Million)
Table 7. Gadget Insurance Market for Theft and Loss Protection, by Country, 2021-2031 ($Million)
Table 8. Gadget Insurance Market, for Virus and Data Protection, by Region, 2021-2031 ($Million)
Table 9. Gadget Insurance Market for Virus and Data Protection, by Country, 2021-2031 ($Million)
Table 10. Gadget Insurance Market, for Others, by Region, 2021-2031 ($Million)
Table 11. Gadget Insurance Market for Others, by Country, 2021-2031 ($Million)
Table 12. Global Gadget Insurance Market, by Device Type, 2021-2031 ($Million)
Table 13. Gadget Insurance Market, for Laptop and Pcs, by Region, 2021-2031 ($Million)
Table 14. Gadget Insurance Market for Laptop and Pcs, by Country, 2021-2031 ($Million)
Table 15. Gadget Insurance Market, for Mobile Phones and Tablets, by Region, 2021-2031 ($Million)
Table 16. Gadget Insurance Market for Mobile Phones and Tablets, by Country, 2021-2031 ($Million)
Table 17. Global Mobile Phones and Tablets Gadget Insurance Market, by Mobile Phones and Tablets, 2021-2031 ($Million)
Table 18. Gadget Insurance Market, for Android, by Region, 2021-2031 ($Million)
Table 19. Gadget Insurance Market, for Android, by Country, 2021-2031 ($Million)
Table 20. Gadget Insurance Market, for Ios, by Region, 2021-2031 ($Million)
Table 21. Gadget Insurance Market, for Ios, by Country, 2021-2031 ($Million)
Table 22. Gadget Insurance Market, for Others, by Region, 2021-2031 ($Million)
Table 23. Gadget Insurance Market, for Others, by Country, 2021-2031 ($Million)
Table 24. Gadget Insurance Market, for Home Entertainment Devices, by Region, 2021-2031 ($Million)
Table 25. Gadget Insurance Market for Home Entertainment Devices, by Country, 2021-2031 ($Million)
Table 26. Gadget Insurance Market, for Cameras, by Region, 2021-2031 ($Million)
Table 27. Gadget Insurance Market for Cameras, by Country, 2021-2031 ($Million)
Table 28. Gadget Insurance Market, for Others, by Region, 2021-2031 ($Million)
Table 29. Gadget Insurance Market for Others, by Country, 2021-2031 ($Million)
Table 30. Global Gadget Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 31. Gadget Insurance Market, for Retail, by Region, 2021-2031 ($Million)
Table 32. Gadget Insurance Market for Retail, by Country, 2021-2031 ($Million)
Table 33. Gadget Insurance Market, for Online, by Region, 2021-2031 ($Million)
Table 34. Gadget Insurance Market for Online, by Country, 2021-2031 ($Million)
Table 35. Global Gadget Insurance Market, by End-user, 2021-2031 ($Million)
Table 36. Gadget Insurance Market, for Business, by Region, 2021-2031 ($Million)
Table 37. Gadget Insurance Market for Business, by Country, 2021-2031 ($Million)
Table 38. Gadget Insurance Market, for Individuals, by Region, 2021-2031 ($Million)
Table 39. Gadget Insurance Market for Individuals, by Country, 2021-2031 ($Million)
Table 40. Gadget Insurance Market, by Region, 2021-2031 ($Million)
Table 41. North America Gadget Insurance Market, by Coverage Type, 2021-2031 ($Million)
Table 42. North America Gadget Insurance Market, by Device Type, 2021-2031 ($Million)
Table 43. North America Mobile Phones and Tablets Gadget Insurance Market, by Mobile Phones and Tablets, 2021-2031 ($Million)
Table 44. North America Gadget Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 45. North America Gadget Insurance Market, by End-user, 2021-2031 ($Million)
Table 46. North America Gadget Insurance Market, by Country, 2021-2031 ($Million)
Table 47. U.S. Gadget Insurance Market, by Coverage Type, 2021-2031 ($Million)
Table 48. U.S. Gadget Insurance Market, by Device Type, 2021-2031 ($Million)
Table 49. U.S. Mobile Phones and Tablets Gadget Insurance Market, by Mobile Phones and Tablets, 2021-2031 ($Million)
Table 50. U.S. Gadget Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 51. U.S. Gadget Insurance Market, by End-user, 2021-2031 ($Million)
Table 52. Canada Gadget Insurance Market, by Coverage Type, 2021-2031 ($Million)
Table 53. Canada Gadget Insurance Market, by Device Type, 2021-2031 ($Million)
Table 54. Canada Mobile Phones and Tablets Gadget Insurance Market, by Mobile Phones and Tablets, 2021-2031 ($Million)
Table 55. Canada Gadget Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 56. Canada Gadget Insurance Market, by End-user, 2021-2031 ($Million)
Table 57. Europe Gadget Insurance Market, by Coverage Type, 2021-2031 ($Million)
Table 58. Europe Gadget Insurance Market, by Device Type, 2021-2031 ($Million)
Table 59. Europe Mobile Phones and Tablets Gadget Insurance Market, by Mobile Phones and Tablets, 2021-2031 ($Million)
Table 60. Europe Gadget Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 61. Europe Gadget Insurance Market, by End-user, 2021-2031 ($Million)
Table 62. Europe Gadget Insurance Market, by Country, 2021-2031 ($Million)
Table 63. UK Gadget Insurance Market, by Coverage Type, 2021-2031 ($Million)
Table 64. UK Gadget Insurance Market, by Device Type, 2021-2031 ($Million)
Table 65. UK Mobile Phones and Tablets Gadget Insurance Market, by Mobile Phones and Tablets, 2021-2031 ($Million)
Table 66. UK Gadget Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 67. UK Gadget Insurance Market, by End-user, 2021-2031 ($Million)
Table 68. Germany Gadget Insurance Market, by Coverage Type, 2021-2031 ($Million)
Table 69. Germany Gadget Insurance Market, by Device Type, 2021-2031 ($Million)
Table 70. Germany Mobile Phones and Tablets Gadget Insurance Market, by Mobile Phones and Tablets, 2021-2031 ($Million)
Table 71. Germany Gadget Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 72. Germany Gadget Insurance Market, by End-user, 2021-2031 ($Million)
Table 73. France Gadget Insurance Market, by Coverage Type, 2021-2031 ($Million)
Table 74. France Gadget Insurance Market, by Device Type, 2021-2031 ($Million)
Table 75. France Mobile Phones and Tablets Gadget Insurance Market, by Mobile Phones and Tablets, 2021-2031 ($Million)
Table 76. France Gadget Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 77. France Gadget Insurance Market, by End-user, 2021-2031 ($Million)
Table 78. Italy Gadget Insurance Market, by Coverage Type, 2021-2031 ($Million)
Table 79. Italy Gadget Insurance Market, by Device Type, 2021-2031 ($Million)
Table 80. Italy Mobile Phones and Tablets Gadget Insurance Market, by Mobile Phones and Tablets, 2021-2031 ($Million)
Table 81. Italy Gadget Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 82. Italy Gadget Insurance Market, by End-user, 2021-2031 ($Million)
Table 83. Spain Gadget Insurance Market, by Coverage Type, 2021-2031 ($Million)
Table 84. Spain Gadget Insurance Market, by Device Type, 2021-2031 ($Million)
Table 85. Spain Mobile Phones and Tablets Gadget Insurance Market, by Mobile Phones and Tablets, 2021-2031 ($Million)
Table 86. Spain Gadget Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 87. Spain Gadget Insurance Market, by End-user, 2021-2031 ($Million)
Table 88. Netherlands Gadget Insurance Market, by Coverage Type, 2021-2031 ($Million)
Table 89. Netherlands Gadget Insurance Market, by Device Type, 2021-2031 ($Million)
Table 90. Netherlands Mobile Phones and Tablets Gadget Insurance Market, by Mobile Phones and Tablets, 2021-2031 ($Million)
Table 91. Netherlands Gadget Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 92. Netherlands Gadget Insurance Market, by End-user, 2021-2031 ($Million)
Table 93. Rest of Europe Gadget Insurance Market, by Coverage Type, 2021-2031 ($Million)
Table 94. Rest of Europe Gadget Insurance Market, by Device Type, 2021-2031 ($Million)
Table 95. Rest of Europe Mobile Phones and Tablets Gadget Insurance Market, by Mobile Phones and Tablets, 2021-2031 ($Million)
Table 96. Rest of Europe Gadget Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 97. Rest of Europe Gadget Insurance Market, by End-user, 2021-2031 ($Million)
Table 98. Asia-Pacific Gadget Insurance Market, by Coverage Type, 2021-2031 ($Million)
Table 99. Asia-Pacific Gadget Insurance Market, by Device Type, 2021-2031 ($Million)
Table 100. Asia-Pacific Mobile Phones and Tablets Gadget Insurance Market, by Mobile Phones and Tablets, 2021-2031 ($Million)
Table 101. Asia-Pacific Gadget Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 102. Asia-Pacific Gadget Insurance Market, by End-user, 2021-2031 ($Million)
Table 103. Asia-Pacific Gadget Insurance Market, by Country, 2021-2031 ($Million)
Table 104. China Gadget Insurance Market, by Coverage Type, 2021-2031 ($Million)
Table 105. China Gadget Insurance Market, by Device Type, 2021-2031 ($Million)
Table 106. China Mobile Phones and Tablets Gadget Insurance Market, by Mobile Phones and Tablets, 2021-2031 ($Million)
Table 107. China Gadget Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 108. China Gadget Insurance Market, by End-user, 2021-2031 ($Million)
Table 109. Japan Gadget Insurance Market, by Coverage Type, 2021-2031 ($Million)
Table 110. Japan Gadget Insurance Market, by Device Type, 2021-2031 ($Million)
Table 111. Japan Mobile Phones and Tablets Gadget Insurance Market, by Mobile Phones and Tablets, 2021-2031 ($Million)
Table 112. Japan Gadget Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 113. Japan Gadget Insurance Market, by End-user, 2021-2031 ($Million)
Table 114. India Gadget Insurance Market, by Coverage Type, 2021-2031 ($Million)
Table 115. India Gadget Insurance Market, by Device Type, 2021-2031 ($Million)
Table 116. India Mobile Phones and Tablets Gadget Insurance Market, by Mobile Phones and Tablets, 2021-2031 ($Million)
Table 117. India Gadget Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 118. India Gadget Insurance Market, by End-user, 2021-2031 ($Million)
Table 119. Australia Gadget Insurance Market, by Coverage Type, 2021-2031 ($Million)
Table 120. Australia Gadget Insurance Market, by Device Type, 2021-2031 ($Million)
Table 121. Australia Mobile Phones and Tablets Gadget Insurance Market, by Mobile Phones and Tablets, 2021-2031 ($Million)
Table 122. Australia Gadget Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 123. Australia Gadget Insurance Market, by End-user, 2021-2031 ($Million)
Table 124. South Korea Gadget Insurance Market, by Coverage Type, 2021-2031 ($Million)
Table 125. South Korea Gadget Insurance Market, by Device Type, 2021-2031 ($Million)
Table 126. South Korea Mobile Phones and Tablets Gadget Insurance Market, by Mobile Phones and Tablets, 2021-2031 ($Million)
Table 127. South Korea Gadget Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 128. South Korea Gadget Insurance Market, by End-user, 2021-2031 ($Million)
Table 129. Singapore Gadget Insurance Market, by Coverage Type, 2021-2031 ($Million)
Table 130. Singapore Gadget Insurance Market, by Device Type, 2021-2031 ($Million)
Table 131. Singapore Mobile Phones and Tablets Gadget Insurance Market, by Mobile Phones and Tablets, 2021-2031 ($Million)
Table 132. Singapore Gadget Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 133. Singapore Gadget Insurance Market, by End-user, 2021-2031 ($Million)
Table 134. Rest of Asia-Pacific Gadget Insurance Market, by Coverage Type, 2021-2031 ($Million)
Table 135. Rest of Asia-Pacific Gadget Insurance Market, by Device Type, 2021-2031 ($Million)
Table 136. Rest of Asia-Pacific Mobile Phones and Tablets Gadget Insurance Market, by Mobile Phones and Tablets, 2021-2031 ($Million)
Table 137. Rest of Asia-Pacific Gadget Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 138. Rest of Asia-Pacific Gadget Insurance Market, by End-user, 2021-2031 ($Million)
Table 139. LAMEA Gadget Insurance Market, by Coverage Type, 2021-2031 ($Million)
Table 140. LAMEA Gadget Insurance Market, by Device Type, 2021-2031 ($Million)
Table 141. LAMEA Mobile Phones and Tablets Gadget Insurance Market, by Mobile Phones and Tablets, 2021-2031 ($Million)
Table 142. LAMEA Gadget Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 143. LAMEA Gadget Insurance Market, by End-user, 2021-2031 ($Million)
Table 144. LAMEA Gadget Insurance Market, by Country, 2021-2031 ($Million)
Table 145. Latin America Gadget Insurance Market, by Coverage Type, 2021-2031 ($Million)
Table 146. Latin America Gadget Insurance Market, by Device Type, 2021-2031 ($Million)
Table 147. Latin America Mobile Phones and Tablets Gadget Insurance Market, by Mobile Phones and Tablets, 2021-2031 ($Million)
Table 148. Latin America Gadget Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 149. Latin America Gadget Insurance Market, by End-user, 2021-2031 ($Million)
Table 150. Middle East Gadget Insurance Market, by Coverage Type, 2021-2031 ($Million)
Table 151. Middle East Gadget Insurance Market, by Device Type, 2021-2031 ($Million)
Table 152. Middle East Mobile Phones and Tablets Gadget Insurance Market, by Mobile Phones and Tablets, 2021-2031 ($Million)
Table 153. Middle East Gadget Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 154. Middle East Gadget Insurance Market, by End-user, 2021-2031 ($Million)
Table 155. Africa Gadget Insurance Market, by Coverage Type, 2021-2031 ($Million)
Table 156. Africa Gadget Insurance Market, by Device Type, 2021-2031 ($Million)
Table 157. Africa Mobile Phones and Tablets Gadget Insurance Market, by Mobile Phones and Tablets, 2021-2031 ($Million)
Table 158. Africa Gadget Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 159. Africa Gadget Insurance Market, by End-user, 2021-2031 ($Million)
Table 160. Apple,Inc.: Company Snapshot
Table 161. Apple,Inc.: Operating Segments
Table 162. Apple,Inc.: Product Portfolio
Table 163. Apple,Inc.: Net Sales
Table 164. Apple,Inc.: Key Strategies
Table 165. Asurion: Company Snapshot
Table 166. Asurion: Operating Segments
Table 167. Asurion: Product Portfolio
Table 168. Asurion: Net Sales
Table 169. Asurion: Key Strategies
Table 170. Axa: Company Snapshot
Table 171. Axa: Operating Segments
Table 172. Axa: Product Portfolio
Table 173. Axa: Net Sales
Table 174. Axa: Key Strategies
Table 175. AT&T, Inc.: Company Snapshot
Table 176. AT&T, Inc.: Operating Segments
Table 177. AT&T, Inc.: Product Portfolio
Table 178. AT&T, Inc.: Net Sales
Table 179. AT&T, Inc.: Key Strategies
Table 180. Bajaj Allianz General Insurance Company: Company Snapshot
Table 181. Bajaj Allianz General Insurance Company: Operating Segments
Table 182. Bajaj Allianz General Insurance Company: Product Portfolio
Table 183. Bajaj Allianz General Insurance Company: Net Sales
Table 184. Bajaj Allianz General Insurance Company: Key Strategies
Table 185. Bolttech: Company Snapshot
Table 186. Bolttech: Operating Segments
Table 187. Bolttech: Product Portfolio
Table 188. Bolttech: Net Sales
Table 189. Bolttech: Key Strategies
Table 190. Chubb: Company Snapshot
Table 191. Chubb: Operating Segments
Table 192. Chubb: Product Portfolio
Table 193. Chubb: Net Sales
Table 194. Chubb: Key Strategies
Table 195. Cloudclover: Company Snapshot
Table 196. Cloudclover: Operating Segments
Table 197. Cloudclover: Product Portfolio
Table 198. Cloudclover: Net Sales
Table 199. Cloudclover: Key Strategies
Table 200. Gadget Cover: Company Snapshot
Table 201. Gadget Cover: Operating Segments
Table 202. Gadget Cover: Product Portfolio
Table 203. Gadget Cover: Net Sales
Table 204. Gadget Cover: Key Strategies
Table 205. Progressive Casualty Insurance Company: Company Snapshot
Table 206. Progressive Casualty Insurance Company: Operating Segments
Table 207. Progressive Casualty Insurance Company: Product Portfolio
Table 208. Progressive Casualty Insurance Company: Net Sales
Table 209. Progressive Casualty Insurance Company: Key Strategies
Table 210. Samsung: Company Snapshot
Table 211. Samsung: Operating Segments
Table 212. Samsung: Product Portfolio
Table 213. Samsung: Net Sales
Table 214. Samsung: Key Strategies
Table 215. Singtel: Company Snapshot
Table 216. Singtel: Operating Segments
Table 217. Singtel: Product Portfolio
Table 218. Singtel: Net Sales
Table 219. Singtel: Key Strategies
Table 220. Safeware (One 80 Intermediares): Company Snapshot
Table 221. Safeware (One 80 Intermediares): Operating Segments
Table 222. Safeware (One 80 Intermediares): Product Portfolio
Table 223. Safeware (One 80 Intermediares): Net Sales
Table 224. Safeware (One 80 Intermediares): Key Strategies
Table 225. Tinhat: Company Snapshot
Table 226. Tinhat: Operating Segments
Table 227. Tinhat: Product Portfolio
Table 228. Tinhat: Net Sales
Table 229. Tinhat: Key Strategies
Table 230. Worth Ave: Company Snapshot
Table 231. Worth Ave: Operating Segments
Table 232. Worth Ave: Product Portfolio
Table 233. Worth Ave: Net Sales
Table 234. Worth Ave: Key Strategies
Table 235. One Assist: Company Snapshot
Table 236. One Assist: Operating Segments
Table 237. One Assist: Product Portfolio
Table 238. One Assist: Net Sales
Table 239. One Assist: Key Strategies
Table 240. Square Trade, Inc. (All State): Company Snapshot
Table 241. Square Trade, Inc. (All State): Operating Segments
Table 242. Square Trade, Inc. (All State): Product Portfolio
Table 243. Square Trade, Inc. (All State): Net Sales
Table 244. Square Trade, Inc. (All State): Key Strategies

List of Figures
Figure 1. Gadget Insurance Market Segmentation
Figure 2. Gadget Insurance Market, 2021-2031
Figure 3. Gadget Insurance Market, 2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Gadget Insurance Mark.:Drivers, Restraints and Opportunities
Figure 12. Gadget Insurance Market, By Coverage Type, 2021(%)
Figure 13. Comparative Share Analysis of Physical Damage Gadget Insurance Market, 2021-2031(%)
Figure 14. Comparative Share Analysis of Internal Component Failure Gadget Insurance Market, 2021-2031(%)
Figure 15. Comparative Share Analysis of Theft and Loss Protection Gadget Insurance Market, 2021-2031(%)
Figure 16. Comparative Share Analysis of Virus and Data Protection Gadget Insurance Market, 2021-2031(%)
Figure 17. Comparative Share Analysis of Others Gadget Insurance Market, 2021-2031(%)
Figure 18. Gadget Insurance Market, By Device Type, 2021(%)
Figure 19. Comparative Share Analysis of Laptop and Pcs Gadget Insurance Market, 2021-2031(%)
Figure 20. Comparative Share Analysis of Mobile Phones and Tablets Gadget Insurance Market, 2021-2031(%)
Figure 21. Comparative Share Analysis of Home Entertainment Devices Gadget Insurance Market, 2021-2031(%)
Figure 22. Comparative Share Analysis of Cameras Gadget Insurance Market, 2021-2031(%)
Figure 23. Comparative Share Analysis of Others Gadget Insurance Market, 2021-2031(%)
Figure 24. Gadget Insurance Market, By Sales Channel, 2021(%)
Figure 25. Comparative Share Analysis of Retail Gadget Insurance Market, 2021-2031(%)
Figure 26. Comparative Share Analysis of Online Gadget Insurance Market, 2021-2031(%)
Figure 27. Gadget Insurance Market, By End-user, 2021(%)
Figure 28. Comparative Share Analysis of Business Gadget Insurance Market, 2021-2031(%)
Figure 29. Comparative Share Analysis of Individuals Gadget Insurance Market, 2021-2031(%)
Figure 30. Gadget Insurance Market by Region, 2021
Figure 31. U.S. Gadget Insurance Market, 2021-2031($Million)
Figure 32. Canada Gadget Insurance Market, 2021-2031($Million)
Figure 33. Uk Gadget Insurance Market, 2021-2031($Million)
Figure 34. Germany Gadget Insurance Market, 2021-2031($Million)
Figure 35. France Gadget Insurance Market, 2021-2031($Million)
Figure 36. Italy Gadget Insurance Market, 2021-2031($Million)
Figure 37. Spain Gadget Insurance Market, 2021-2031($Million)
Figure 38. Netherlands Gadget Insurance Market, 2021-2031($Million)
Figure 39. Rest of Europe Gadget Insurance Market, 2021-2031($Million)
Figure 40. China Gadget Insurance Market, 2021-2031($Million)
Figure 41. Japan Gadget Insurance Market, 2021-2031($Million)
Figure 42. India Gadget Insurance Market, 2021-2031($Million)
Figure 43. Australia Gadget Insurance Market, 2021-2031($Million)
Figure 44. South Korea Gadget Insurance Market, 2021-2031($Million)
Figure 45. Singapore Gadget Insurance Market, 2021-2031($Million)
Figure 46. Rest of Asia-Pacific Gadget Insurance Market, 2021-2031($Million)
Figure 47. Latin America Gadget Insurance Market, 2021-2031($Million)
Figure 48. Middle East Gadget Insurance Market, 2021-2031($Million)
Figure 49. Africa Gadget Insurance Market, 2021-2031($Million)
Figure 50. Top Winning Strategies, by Year
Figure 51. Top Winning Strategies, by Development
Figure 52. Top Winning Strategies, by Company
Figure 53. Product Mapping of Top 10 Players
Figure 54. Competitive Dashboard
Figure 55. Competitive Heatmap of Top 10 Key Players
Figure 56. Apple, Inc.: Net Sales, ($Million)
Figure 57. Asurio.: Net Sales, ($Million)
Figure 58. Ax.: Net Sales, ($Million)
Figure 59. At&T, Inc.: Net Sales, ($Million)
Figure 60. Bajaj Allianz General Insurance Compan.: Net Sales, ($Million)
Figure 61. Bolttec.: Net Sales, ($Million)
Figure 62. Chub.: Net Sales, ($Million)
Figure 63. Cloudclove.: Net Sales, ($Million)
Figure 64. Gadget Cove.: Net Sales, ($Million)
Figure 65. Progressive Casualty Insurance Compan.: Net Sales, ($Million)
Figure 66. Samsun.: Net Sales, ($Million)
Figure 67. Singte.: Net Sales, ($Million)
Figure 68. Safeware (One 80 Intermediares.: Net Sales, ($Million)
Figure 69. Tinha.: Net Sales, ($Million)
Figure 70. Worth Av.: Net Sales, ($Million)
Figure 71. One Assis.: Net Sales, ($Million)
Figure 72. Square Trade, Inc. (All State.: Net Sales, ($Million)

Executive Summary

According to the report, “Gadget Insurance Market," the gadget insurance market was valued at $59.4 billion in 2021, and is estimated to reach $193.5 billion by 2031, growing at a CAGR of 12.9% from 2022 to 2031.

Gadget insurance is a service contract which provides component fix repair service for gadget sold by retailers, and service providers. It often provides additional coverage of phones such as unauthorized usage, malicious damage, e-wallet payments or theft. Gadget insurance also covers the cost and inconvenience of mechanical and electrical failures. Factors such as increase in incidents of accidental damage, phone thefts, virus infection, and device malfunction, drives the gadget insurance market growth. However, decline in sale of PCs is a major restraint that hinders the growth of gadget insurance market. On the contrary, surge in demand for expanded insurance coverage policies for multiple gadget insurance is expected to boost the market growth in the future. In addition, cover my gadget trend among customers has boosted the growth of gadget insurance market.

On the basis of device type, the mobile phones & tablets segment dominated the gadget insurance market share in 2021. This is attributed to the fact that mobiles and tablets are mostly prone to get damaged accidently such as accidental falling, contact with water and hardware or software issues. Therefore, customers buy gadget insurance coverage to stay protected from such damages.

Region-wise, North America dominated the gadget insurance market size in 2021. This is attributed to increase in incidents of accidental device damage, phone thefts, virus infection, device malfunction, and other malicious activities. Furthermore, this region has nearly 10% of global smartphone users with 320 million users in 2020 and surge in number of users provide huge risk of phone thefts in crowed areas like public transport and fests.

The gadget insurance market has been negatively impacted by the COVID-19 outbreak. This is attributed to the changes in demands for gadget insurance claims and restrictions for travelling across the countries have led to decline in gadget insurance premiums. Furthermore, consecutive lockdown, social distancing norms, and increase in number of COVID-19-positive cases decrease the revenue to more than 50% in the U.S. owing to sharp decline in sales of consumer electronics, which in turn, reduced the demand for gadget insurance market trends.

Key Findings of the Study

  • By device type, the mobiles phones & tablets segment led the gadget insurance market in terms of revenue in 2021.
  • By sales channel, the retail segment accounted for the highest gadget insurance market share in 2021.
  • By region, North America generated the highest revenue in 2021.
  • The key players profiled in the gadget insurance market analysis are Apple Inc., Asurion, AXA, AT&T, Inc., Bajaj Allianz General Insurance Company, Bolttech, Chubb, CloudClover Insurance, Gadget Cover, Progressive Casualty Insurance Company, Samsung, Singtel, Safeware (One 80 intermediares), Tinhat, Worth Ave. Group, OneAssist Consumer Pvt. Ltd., and SquareTrade, Inc. (Allstate). These players have adopted various strategies to increase their market penetration and strengthen their position in the gadget insurance industry.

Companies Mentioned

  • Apple,Inc.
  • Asurion
  • AXA
  • AT&T, Inc.
  • Bajaj Allianz General Insurance Company
  • Bolttech
  • Chubb
  • Cloudclover
  • Gadget Cover
  • Progressive Casualty Insurance Company
  • Samsung
  • Singtel
  • Safeware (One 80 Intermediares)
  • Tinhat
  • Worth ave
  • One Assist
  • Square Trade, Inc. (All state)

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

Loading
LOADING...