UK Mobile Phone Insurance Market
Dublin, May 27, 2022 (GLOBE NEWSWIRE) -- The "UK Mobile Phone Insurance Market (2022-2027) by Phone Type, Distribution Channel, Coverage, End-User, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The UK's Mobile Phone Insurance Market is estimated to be USD 2.14 Bn in 2022 and is expected to reach USD 3.63 Bn by 2027, growing at a CAGR of 11.12%.
Market Dynamics
Market dynamics are forces that impact the prices and behaviors of the UK's Mobile Phone Insurance Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.
As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.
Market Segmentation
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The UK's Mobile Phone Insurance Market is segmented based on Phone Type, Distribution Channel, Coverage, and End-User.
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Phone Type, the market is classified into Budget Phones, Mid and High-End Phones, and Premium Smartphone.
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Distribution Channel, the market is classified into Offline and Online.
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Coverage, the market is classified into Physical Damage, Internal Component Failure, Theft and Loss Protection, and Others
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End-User, the market is classified into Business and Individual.
Company Profiles
The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario.
Companies Mentioned
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Post Office
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Insurance2go
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AIG
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Allianz Insurance
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Apple
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Assurant
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Asurion
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AT&T
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Aviva
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Better Buy Insurance
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Blackberry Limited
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Brightstar
Competitive Quadrant
The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Ansoff Analysis