Electronic Gadgets Insurance Market Scope And Analysis

Report Code : TIPRE00039071
Category : Banking, Financial Services, and Insurance

No. of Pages : 150

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Electronic Gadgets Insurance Market Analysis and Scope (2021 to 2022)

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Electronic Gadgets Insurance Market Report Scope

Report Attribute	Details
Market size in 2023	US$ 60.4 Billion
Market Size by 2031	US$ 154.9 Billion
Global CAGR (2023 - 2031)	12.5%
Historical Data	2021-2023
Forecast period	2023-2031
Segments Covered	By End User Business Individuals
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Apple Inc Asurion AXA AT T Inc Bajaj Allianz General Insurance Company Bolttech Chubb CloudClover Insurance Gadget Cover

The "Electronic Gadgets Insurance Market Analysis" was carried out based on coverage type, device type, end users, and geography. By coverage type, it is segmented into physical damage, theft & loss protection, virus & data protection, and others. On the basis of device type, it is divided into laptop & PCs, mobile phones & tablets, and others. Based on end users, the market is segmented into business, and individuals. Based on geography, the market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.

Electronic Gadgets Insurance

Market News and Recent Developments

Companies adopt inorganic and organic strategies such as mergers and acquisitions in the market. A few recent key market developments are listed below:

In November 2023, Chubb, the world's largest publicly traded property and casualty insurer, unveiled a new developer portal as part of its Chubb Studio global integration technology. This developer portal aims to simplify the process for its B2B2C partner companies to access and evaluate Chubb's digital insurance products and capabilities. With this initiative, Chubb aims to enhance collaboration and foster innovation within its partner ecosystem.
In September 2022, Axa UK Retail introduced Moja, a digital-only insurance brand targeting customers who make purchases or utilize services through their smartphones or tablets. This launch aims to provide customers with the flexibility to customize their insurance coverage according to their specific requirements and financial capacities. Additionally, Moja offers various supplementary options, including coverage for personal belongings such as satnavs, audio equipment, and children's car seats, thereby enhancing its value proposition.

Electronic Gadgets Insurance

Market Report Coverage & Deliverables

The market report “Electronic Gadgets Insurance Market Size and Forecast (2021–2031)”, provides a detailed analysis of the market covering below areas-

Market size & forecast at global, regional, and country- level for all the key market segments covered under the scope.
Market dynamics such as drivers, restraints, and key opportunities.
Key future trends.
Detailed PEST & SWOT analysis
Global and regional market analysis covering key market trends, key players, regulations, and recent market developments.
Industry landscape and competition analysis covering market concentration, heat map analysis, key players, and recent developments.
Detailed company profiles.