Only one in five smartphone users have purchased equipment insurance From Strategy Analytics
The following is the Only one in five smartphone users have purchased equipment insurance From Strategy Analytics recommended by recordtrend.com. And this article belongs to the classification: Strategy Analytics, original, Smart home, Intelligent mobile phone.
Only one in five smartphone buyers choose to add device insurance. Therefore, there is huge room for growth for both traditional and emerging participants. Strategy analytics surveyed consumers in five markets, including Australia, Brazil, Germany, the United Kingdom and the United States.
Smartphone insurance is largely undeveloped outside the United States.
The premium rate of smartphone insurance in the United States is twice that in other countries. Apple’s iPhone devices have a higher share of the base. Outside the United States, awareness of insurance options is significantly lower.
Germans are more likely to use insurance to repair smartphones rather than replace them.
The acceleration of 5g sales, the emergence of foldable models and the continuous war of image functions will promote the rise of retail ASP and further encourage insurance investment.
One third of interested buyers want to buy insurance for their next smartphone, which shows great upward potential. Brazilian online users are 20 percent more likely to buy their next smartphone. As expected, the insurance acceptance is positively correlated with the equipment price. Apple users are the most likely to buy insurance, 7 points higher than Samsung users.
Millet and Motorola users are least likely to buy insurance, but both companies expect strong growth in their next-generation smartphones.
One third of users think they don’t need insurance because they are very careful about smartphones. The results vary by country and demographics.
However, the industry may have missed important opportunities. One third of the uninsured reported that they either did not receive insurance or did not know the benefits of insurance.
The insurance market of smart phone insurance and broader smart home products such as smart wear and smart speakers is still relatively underdeveloped.
More reading: strategy Analytics: in 2021, the total global smartphone wholesale revenue exceeded US $100 billion in Q1. Strategy Analytics: in 2021, the global smartphone shipment in Q2 increased by 11% year-on-year, Reach 314.2 million strategy Analytics: the global smart home market will exceed $100 billion in 2019. Strategy Analytics: global consumers will spend more than $7.9 billion on smart home cameras in 2019. Strategy Analytics: the top ten U.S. smart home service providers strategy Analytics: 54% of U.S. households have at least one smart home device Energy home will promote the third wave of wireless home evolution. Strategy Analytics: the scale of smart home elderly monitoring market will grow by more than 600% by 2020. Strategy Analytics: it is predicted that the global expenditure on smart home devices will drop to $44 billion in 2020. Strategy Analytics: the sales of smart home devices will exceed that of smart phones in 2023. Strategy Analytics: global smart home in 2023 The market scale reaches US $155 billion. Strategy Analytics: smart home will drive the number of animal networking devices to 50 billion. Strategy Analytics: it is estimated that the global consumer spending on smart home will reach US $158 billion in 2022. Strategy Analytics: it is estimated that the global sales of smart home devices will reach 32 million in 2025. Strategy Analytics: it is estimated that the global consumer spending on smart home will soar by US $123 billion in 2021 Up 44%
If you want to get the full report, you can contact us by leaving us the comment. If you think the information here might be helpful to others, please actively share it. If you want others to see your attitude towards this report, please actively comment and discuss it. Please stay tuned to us, we will keep updating as much as possible to record future development trends.
RecordTrend.com is a website that focuses on future technologies, markets and user trends. We are responsible for collecting the latest research data, authority data, industry research and analysis reports. We are committed to becoming a data and report sharing platform for professionals and decision makers. We look forward to working with you to record the development trends of today’s economy, technology, industrial chain and business model.Welcome to follow, comment and bookmark us, and hope to share the future with you, and look forward to your success with our help.
