Mobile Handset Protection Market to Witness Steady Growth S$ 51 Bn by the End of the Year of Assessment 2017 – 2026

By , in PR PR Sci/Tech on .

New York, NY — 12/26/2017 — Smartphones have become a basic necessity in this environment driven by communication and networking. The protection of this basic amenity is henceforth important and the importance of mobile handset protection is surging with several consumers opting for high protection for their expensive devices. Protection against theft, breakage, mechanical breakdown or any other form of accident is being acknowledged by a large number of individuals and it only becomes imperative to protect their devices which are now an integral part in almost every aspect in one's life. Persistence Market Research has crafted a new research report titled “Mobile Handset Protection Market: Global Industry Analysis (2012-2016) and Forecast (2017-2026)” and has included in-depth analysis on the various aspects of the global market.

The global mobile handset protection market is anticipated to grow at a higher rate to register a robust CAGR of 12.3% throughout the period of assessment. In 2017, this market reflected a value of about US$ 18.2 Bn and is estimated to touch a market valuation higher than US$ 51 Bn by the end of the year of assessment.

Report overview @ https://www.persistencemarketresearch.com/market-research/mobile-handset-protection-market.asp

The analytical research report on mobile handset protection market includes a separate section on competitive landscape that covers analysis on major players operating in the market. The study covers profiles of key players such as Xinapse Systems Ltd., Toshiba Medical Systems Corporation Siemens Healthineers, Walmart, Best Buy, Apple Inc., Microsoft Corporation, AT&T Mobility, T-Mobile, Verizon Wireless, American International Group, Inc., CAN Financial Corp., Asurion LLC, Liberty Mutual and SquareTrade.

Request to sample report @ https://www.persistencemarketresearch.com/samples/20782

The growth of the global market for mobile handset protection market is influenced by several aspects. Factors like rising adoption of smartphones at a global level, high growth of global insurance market, increasing accidents and incidences with smartphones and cost benefits associated with the purchasing a mobile handset protection policy as against replacing with a new device are driving the growth of the global mobile handset protection market. Trends such as mobile insurance with mobile buyback solutions and securing personal information in addition to the security of the handset is also boosting the growth of the global market. However, high subscription charges are hindering the growth of the global market.

Get full report now @ https://www.persistencemarketresearch.com/checkout/20782

About Persistence Market Research
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.

PMR stands committed to bringing more accuracy and speed to clients' business decisions. From ready-to-purchase market research reports to customized research solutions, PMR's engagement models are highly flexible without compromising on its deep-seated research values.

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Maria Burns

Maria Burns

Maria is a Viral News Editor who graduated from the University Of California. She likes social media trends, being semi-healthy, Buffalo Wild Wings and vodka with lime. When she isn’t writing, Maria loves to travel. She last went to Thailand to play with elephants and is planning a trip to Bali.
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