Global Personal Gadget Insurance Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

Description

List of Tables

The global demand for Personal Gadget Insurance Market is presumed to reach the market size of nearly USD 78.85 Billion by 2032 from USD 29.82 Billion in 2023 with a CAGR of 11.41% under the study period 2024-2032.

Personal gadget insurance covers portable electronic devices such as smartphones, tablets, laptops, and smartwatches against theft, accidental damage, and loss. This insurance is essential for individuals who heavily rely on their gadgets for daily activities, ensuring they can quickly replace or repair their devices in case of unexpected incidents. Policies typically offer various coverage levels, including worldwide protection, allowing users to travel without worrying about gadgets. With the increasing value and dependency on personal electronics, gadget insurance offers peace of mind and financial security, mitigating the costs and inconvenience associated with device repair or replacement.

MARKET DYNAMICS

Factors driving the personal gadget insurance market include the rising adoption of smartphones, laptops, tablets, and other electronic devices globally and the growing awareness of the risks associated with accidental damage, theft, and malfunctioning. Personal gadget insurance offers consumers financial security and peace of mind by covering the expenses for replacing or repairing damaged or lost devices and providing additional benefits such as data recovery and identity theft protection. Additionally, the increasing dependence on personal gadgets for communication, entertainment, and productivity has made them indispensable in everyday life, driving the demand for insurance coverage against unforeseen events that could disrupt digital lifestyles. Moreover, the emergence of affordable insurance plans with flexible coverage options and hassle-free claims processes encourages consumers to safeguard their valuable gadgets against potential risks. Furthermore, the growing trend of device upgrades and replacements among tech-savvy consumers is driving the need for insurance coverage that ensures seamless device replacement and continuity of services. However, the high cost of premiums and limited consumer awareness may challenge the personal gadget insurance market growth in the coming years.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Personal Gadget Insurance. The growth and trends of Personal Gadget Insurance industry provide a holistic approach to this study.

MARKET SEGMENTATION

This section of the Personal Gadget Insurance market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Gadget Type

Mobile Phones & Tablets
Laptops and PCs
Cameras
Gaming Systems
Others (Home entertainment gadgets, etc.)

By Insurance Coverage

Physical Damage
Theft & Loss Protection
Internal Component Failure
Others (Virus Protection, etc.)

By End-user

Individual
Corporate

By Sales Channel

Online
Offline

REGIONAL ANALYSIS

This section covers the regional outlook, which accentuates current and future demand for the Personal Gadget Insurance market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Personal Gadget Insurance market include Progressive Casualty Insurance Company, Bolttech, Asurion, Bajaj Allianz General Insurance Company, OneAssist Consumer Solutions Pvt. Ltd, AT&T Inc., SquareTrade Inc., Worth Ave Group. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.

Product Code: VMR112114884

1. PREFACE

1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology

2. EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3. PERSONAL GADGET INSURANCE - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Gadget Type
- 3.7.2 Market Attractiveness Analysis By Insurance Coverage
- 3.7.3 Market Attractiveness Analysis By End-user
- 3.7.4 Market Attractiveness Analysis By Sales Channel
- 3.7.5 Market Attractiveness Analysis By Region

4. VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend

5. GLOBAL PERSONAL GADGET INSURANCE MARKET ANALYSIS BY GADGET TYPE

5.1. Overview By Gadget Type
5.2. Historical and Forecast Data Analysis By Gadget Type
5.3. Mobile Phones & Tablets Historic and Forecast Sales By Regions
5.4. Laptops and PCs Historic and Forecast Sales By Regions
5.5. Cameras Historic and Forecast Sales By Regions
5.6. Gaming Systems Historic and Forecast Sales By Regions
5.7. Others (Home entertainment gadgets, etc.) Historic and Forecast Sales By Regions

6. GLOBAL PERSONAL GADGET INSURANCE MARKET ANALYSIS BY INSURANCE COVERAGE

6.1. Overview By Insurance Coverage
6.2. Historical and Forecast Data Analysis By Insurance Coverage
6.3. Physical Damage Historic and Forecast Sales By Regions
6.4. Theft & Loss Protection Historic and Forecast Sales By Regions
6.5. Internal Component Failure Historic and Forecast Sales By Regions
6.6. Others (Virus Protection, etc.) Historic and Forecast Sales By Regions

7. GLOBAL PERSONAL GADGET INSURANCE MARKET ANALYSIS BY END-USER

7.1. Overview By End-user
7.2. Historical and Forecast Data Analysis By End-user
7.3. Individual Historic and Forecast Sales By Regions
7.4. Corporate Historic and Forecast Sales By Regions

8. GLOBAL PERSONAL GADGET INSURANCE MARKET ANALYSIS BY SALES CHANNEL

8.1. Overview By Sales Channel
8.2. Historical and Forecast Data Analysis By Sales Channel
8.3. Online Historic and Forecast Sales By Regions
8.4. Offline Historic and Forecast Sales By Regions

9. GLOBAL PERSONAL GADGET INSURANCE MARKET ANALYSIS BY GEOGRAPHY

9.1. Regional Outlook
9.2. Introduction
9.3. North America Sales Analysis
- 9.3.1 Overview, Historic and Forecast Data Sales Analysis
- 9.3.2 North America By Segment Sales Analysis
- 9.3.3 North America By Country Sales Analysis
- 9.3.4 United States Sales Analysis
- 9.3.5 Canada Sales Analysis
- 9.3.6 Mexico Sales Analysis
9.4. Europe Sales Analysis
- 9.4.1 Overview, Historic and Forecast Data Sales Analysis
- 9.4.2 Europe By Segment Sales Analysis
- 9.4.3 Europe By Country Sales Analysis
- 9.4.4 United Kingdom Sales Analysis
- 9.4.5 France Sales Analysis
- 9.4.6 Germany Sales Analysis
- 9.4.7 Italy Sales Analysis
- 9.4.8 Russia Sales Analysis
- 9.4.9 Rest Of Europe Sales Analysis
9.5. Asia Pacific Sales Analysis
- 9.5.1 Overview, Historic and Forecast Data Sales Analysis
- 9.5.2 Asia Pacific By Segment Sales Analysis
- 9.5.3 Asia Pacific By Country Sales Analysis
- 9.5.4 China Sales Analysis
- 9.5.5 India Sales Analysis
- 9.5.6 Japan Sales Analysis
- 9.5.7 South Korea Sales Analysis
- 9.5.8 Australia Sales Analysis
- 9.5.9 South East Asia Sales Analysis
- 9.5.10 Rest Of Asia Pacific Sales Analysis
9.6. Latin America Sales Analysis
- 9.6.1 Overview, Historic and Forecast Data Sales Analysis
- 9.6.2 Latin America By Segment Sales Analysis
- 9.6.3 Latin America By Country Sales Analysis
- 9.6.4 Brazil Sales Analysis
- 9.6.5 Argentina Sales Analysis
- 9.6.6 Peru Sales Analysis
- 9.6.7 Chile Sales Analysis
- 9.6.8 Rest of Latin America Sales Analysis
9.7. Middle East & Africa Sales Analysis
- 9.7.1 Overview, Historic and Forecast Data Sales Analysis
- 9.7.2 Middle East & Africa By Segment Sales Analysis
- 9.7.3 Middle East & Africa By Country Sales Analysis
- 9.7.4 Saudi Arabia Sales Analysis
- 9.7.5 UAE Sales Analysis
- 9.7.6 Israel Sales Analysis
- 9.7.7 South Africa Sales Analysis
- 9.7.8 Rest Of Middle East And Africa Sales Analysis

10. COMPETITIVE LANDSCAPE OF THE PERSONAL GADGET INSURANCE COMPANIES

10.1. Personal Gadget Insurance Market Competition
10.2. Partnership/Collaboration/Agreement
10.3. Merger And Acquisitions
10.4. New Product Launch
10.5. Other Developments

11. COMPANY PROFILES OF PERSONAL GADGET INSURANCE INDUSTRY

11.1. Top Companies Market Share Analysis
11.2. Market Concentration Rate
11.3. Progressive Casualty Insurance Company
- 11.3.1 Company Overview
- 11.3.2 Company Revenue
- 11.3.3 Products
- 11.3.4 Recent Developments
11.4. Bolttech
- 11.4.1 Company Overview
- 11.4.2 Company Revenue
- 11.4.3 Products
- 11.4.4 Recent Developments
11.5. Asurion
- 11.5.1 Company Overview
- 11.5.2 Company Revenue
- 11.5.3 Products
- 11.5.4 Recent Developments
11.6. Bajaj Allianz General Insurance Company
- 11.6.1 Company Overview
- 11.6.2 Company Revenue
- 11.6.3 Products
- 11.6.4 Recent Developments
11.7. OneAssist Consumer Solutions Pvt. Ltd
- 11.7.1 Company Overview
- 11.7.2 Company Revenue
- 11.7.3 Products
- 11.7.4 Recent Developments
11.8. AT&T Inc.
- 11.8.1 Company Overview
- 11.8.2 Company Revenue
- 11.8.3 Products
- 11.8.4 Recent Developments
11.9. SquareTrade Inc.
- 11.9.1 Company Overview
- 11.9.2 Company Revenue
- 11.9.3 Products
- 11.9.4 Recent Developments
11.10. Worth Ave Group
- 11.10.1 Company Overview
- 11.10.2 Company Revenue
- 11.10.3 Products
- 11.10.4 Recent Developments

Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies