$39.37 Bn Europe Gadget Insurance Market Expected with Companies Offerings By End-User Segments 2031
According to a recent report published by Allied Market Research, titled, "Europe Gadget Insurance Market By Coverage Type, Device Type, Sales Channel, and End User: Regional Opportunity Analysis and Industry Forecast, 2022-2031", The Europe gadget insurance market was valued at $13.79 billion in 2021, and is projected to reach $39.37 billion by 2031, growing at a CAGR of 11.4% from 2022 to 2031.Europe gadget insurance is a service contract that 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. Europe gadget insurance also covers the cost and inconvenience of mechanical and electrical failures.
โก๏ธ๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ & ๐๐๐ : https://www.alliedmarketresearch.com/request-sample/A47276
Factors such as increase in incidents of accidental damage, phone thefts, virus infection, and device malfunction, drives the Europe gadget insurance market growth. However, decline in sale of PCs is a major restraint that hinders the growth of market. On the contrary, surge in demand for expanded insurance coverage policies for multiple Europe 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 market.
By device type, the mobile phones & tablets segment dominated the market share in 2021. This is attributed to the fact that mobiles and tablets are mostly prone to suffer damage accidently such as accidental falling, contact with water and hardware or software issues. Therefore, customers in Europe buy gadget insurance coverage to stay protected from such damages.
The Europe gadget insurance market has been negatively impacted by the COVID-19 outbreak. This is attributed to the changes in demands for Europe gadget insurance claims and restrictions for travelling across the countries have led to decline in Europe 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 Europe gadget insurance market trends.
โก๏ธ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐ ๐จ๐๐๐๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ฌ ๐ฉ๐๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐ซ๐๐ช๐ฎ๐ข๐ซ๐๐ฆ๐๐ง๐ญ : https://www.alliedmarketresearch.com/request-for-customization/A47276
Key Findings of the Study
By device type, the mobiles phones & tablets segment led the Europe gadget insurance market in 2021.
By sales channel, the retail segment accounted for the highest market share in 2021.
The key players profiled in the market are Apple Inc., Asurion, AXA, AT&T Inc., Bolttech, Chubb, OneAssist Consumer Solutions Pvt. Ltd., simplesurance GmBH, SPB UK & Ireland Ltd, and Wertgarantie. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the Europe gadget insurance market forecast from 2021 to 2031 to identify the prevailing market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities of Europe gadget insurance market overview.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the Europe gadget insurance market segmentation assists in determining the prevailing Europe gadget insurance market opportunity.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes an analysis of the regional as well as Europe gadget insurance market trends, key players, market segments, application areas, and market growth strategies.
โก๏ธ๐๐ฎ๐ฒ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ๐๐ ๐๐ซ๐ข๐๐ @ https://www.alliedmarketresearch.com/checkout-final/c3c96dd892dcf53e479c0b25b9c3551d
โก๏ธ๐๐จ๐ฉ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
Europe Travel Insurance Market https://www.alliedmarketresearch.com/europe-travel-insurance-market
Banking as a Service Market https://www.alliedmarketresearch.com/banking-as-a-service-market-A14258
Insurance Fraud Detection Market https://www.alliedmarketresearch.com/insurance-fraud-detection-market-A06948
ATM Market https://www.alliedmarketresearch.com/automated-teller-machine-ATM-market
Performance Bank Guarantees Market https://www.alliedmarketresearch.com/performance-bank-guarantee-market-A08301
POS Security Market https://www.alliedmarketresearch.com/pos-security-market-A31871
Contact:
David Correa
1209 Orange Street, Corporation Trust Center, Wilmington, New Castle, Delaware 19801 USA.
Int'l: +1-503-894-6022 Toll Free: +1-800-792-5285
UK: +44-845-528-1300
India (Pune): +91-20-66346060 Fax: +1-800-792-5285 help@alliedmarketresearch.com
https://pooja-bfsi.blogspot.com/
https://www.quora.com/profile/Pooja-BFSI
https://medium.com/@psaraf568
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release $39.37 Bn Europe Gadget Insurance Market Expected with Companies Offerings By End-User Segments 2031 here
News-ID: 3690795 • Views: โฆ
More Releases from Allied Market Research
The Power of Intent-Based Networking in Transforming IT Operations
Allied Market Research published an exclusive report, titled, "Intent-Based Networking (IBN) Market by Component (Solution, Service), by Deployment model (Cloud, On-Premise), by Enterprise Size (Large Enterprise, Small and Medium-sized Enterprise), by Industry Vertical (BFSI, IT and Telecom, Healthcare, Retail and Consumer Goods, Government and Defense, Manufacturing, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032".
Get Sample Copy of the Report: https://www.alliedmarketresearch.com/request-sample/10168
Intent-based networking is a contemporary method for managing networks that focusesโฆ
Transforming the Learning Process with Education Computing Devices
In the past few decades, mobile computers have gained immense popularity in the education sector due to their high processing ability and expanding wireless connectivity. These tools are designed for educational settings to improve learning and teaching. They also promote educational activities and streamline the adoption of skills.
Download Sample Copy of the Report: https://www.alliedmarketresearch.com/request-sample/120957
As per the report by Allied Market Research, the education computing devices market isโฆ
Asia-Pacific Travel Insurance Market Set to Surpass $9.875 Billion by 2022, Driv โฆ
According to a new report published by Allied Market Research, titled, Asia-Pacific Travel Insurance Market by Insurance Cover and Distribution Channel: Opportunity Analysis and Industry Forecast, 2016-2022, the Asia-Pacific travel insurance market was valued at $5,540 million in 2016, and is estimated to reach $9,875 million by 2022, registering a CAGR of 10.1% from 2016 to 2022. In 2016, the single trip segment dominated this market.
โก๏ธ๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ &โฆ
Off-Road Vehicle Market is likely to grow at a CAGR of 7.3% through 2030, reachi โฆ
Increase in trend of recreational activities and adventure sports and rise in penetration of the AWD and 4WD vehicles drive the growth of the global ๐๐๐-๐๐จ๐๐ ๐๐๐ก๐ข๐๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ. However, high maintenance cost of off-road vehicles hinders the market growth. On the other hand, development of electric powered off-road vehicles and expansion of dealer network for effective product reach present new opportunities in the coming years.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/request-sample/A12517
The globalโฆ
More Releases for Europe
Strategy Consulting Market 2025 | Analysis By Top Key Players: Booz & Co. , Rola โฆ
Global Strategy Consulting Market 2019-2025, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The key players covered in this study
McKinsey , The Boston Consulting Group , Bain & Company , Booz & Co. , Roland Berger Europeโฆ
Influenza Vaccination Market Global Forecast 2018-25 Estimated with Top Key Play โฆ
UpMarketResearch published an exclusive report on โInfluenza Vaccination marketโ delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 115 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. This report focuses on the Influenza Vaccination market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. Thisโฆ
Global Strategy Consulting Market Research Report 2018-2025 | Global Key Player โฆ
An up-to-date research report has been disclosed by Market Research Hub highlighting the title โGlobal Strategy Consulting Market Size, Status and Forecast 2018-2025โ which provides an outlook for current market value as well as the expected growth of Strategy Consulting during 2018-2025. The report studies the casing heads market worldwide, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, size, growth, revenue, consumption, import and exportโฆ
Strategy Consulting Market Deep Insights with Core Business Strategies 2018 - Ro โฆ
Strategy Consulting Market report provides a vital recent industry data which covers in general market situation along with future scenario for industry around the Globe. It also consist of major data along with forecasts of a global market along with clear presentation of diagrams (charts and tables).
Global strategy consulting market size status and forecast 2025 has a vast collection of market research reports concerning the software industry, its sub-sectors, andโฆ
Wearable Heart Monitoring Devices Market 2018 To 2023 โ Top Leaders Beurer Gmb โฆ
The Worldwide Wearable Heart Monitoring Devices Market is growing at a healthy rate. The major players in this market are Medtronic (U.S.), Kinetec Products UK Ltd. (South America), Beurer GmbH (Europe), Medisana AG (Europe), Briggs Healthcare (U.S.), Polar Electro (Europe), SUUNTO (Europe), Koninklijke Philips N.V. (Europe), Garmin Ltd. (Europe) and others. The Wolrdwide Wearable Heart Monitoring devices is segmented on the basis of products, type, application, and end users. Onโฆ
Surgical Equipment Market 2018 Leading Manufacturer in Europe, the Middle East & โฆ
The Europe, the Middle East & Africa Surgical Equipment Market is expected to grow at an approximate CAGR of 6.7% during the forecast period.
A surgical equipment is a designed tool or device to carry out various surgical procedures so as to modifying biological tissues and to provide access for viewing them. The surgical equipment can be designed specifically for a particular surgery or it can be used as general purposeโฆ