個人向けガジェット保険市場：補償タイプ別、ガジェットタイプ別、流通チャネル別、エンドユーザー別、地域別、機会、予測、2018年～2032年

世界の個人向けガジェット保険の市場規模は、予測期間の2025年～2032年に10.96%のCAGRで拡大し、2024年の511億4,000万米ドルから2032年には1,175億1,000万米ドルに成長すると予測されています。個人向けガジェット保険の世界の成長を後押ししている主な要因はいくつかあります。ハイエンドのガジェットには高額な費用がかかるため、個人が紛失時の保護を求める傾向が強まっています。事故による破損や盗難も増加傾向にあり、こうした需要に拍車をかけています。リモートワークによって個人所有のガジェットへの依存度が飛躍的に高まり、補償の必要性が高まっています。

ガジェットの使用に伴うリスクに対する消費者の認識や、競争力のあるカスタマイズ可能な保険プランの利用可能性も、市場の成長を後押ししています。技術の進歩は買い替えコストを増加させる傾向にありますが、海外旅行保険への需要が保険の道を開いています。デジタル・ファーストのプラットフォーム、持続可能性への要求、規制の変化が市場に影響を与えています。IoTとテレマティクスの統合はリスク評価を強化し、ユーザー教育とサイバーセキュリティ補償に重点を置き、高まるセキュリティ懸念に対処します。これらの要因が相まって、個人向けガジェット保険市場はダイナミックに拡大し、現代の消費者の多様なニーズに応えています。

個人向けガジェット保険は、スマートフォン、タブレット、ノートパソコン、カメラ、ウェアラブルなどの個人向け電子機器に経済的保護を提供する専門保険です。この種の保険は通常、偶発的な破損、盗難、紛失、故障などのリスクをカバーし、消費者は多額の自己負担をすることなくガジェットの修理や交換を行うことができます。2024年4月、米国を拠点に最先端の機器保険ソリューションを提供するAkko LLCは、機器保険業界の先駆者であるUpsieの買収を発表します。この戦略的な動きは、成長を促進し、市場での存在感を高め、機器保険分野で卓越した顧客体験を提供するアッコの献身を強調するものです。

当レポートでは、世界の個人向けガジェット保険市場について調査し、市場の概要とともに、補償タイプ別、ガジェットタイプ別、流通チャネル別、エンドユーザー別、地域別動向、および市場に参入する企業のプロファイルなどを提供しています。

目次

第1章 プロジェクトの範囲と定義

第2章 調査手法

第3章 エグゼクティブサマリー

第4章 顧客の声

第5章 世界の個人向けガジェット保険市場の見通し、2018年～2032年

• 市場規模の分析と予測
• 市場シェア分析と予測
• 市場マップ分析、2024年
  • 補償タイプ別
  • ガジェットタイプ別
  • 流通チャネル別
  • エンドユーザー別
  • 地域別

第6章 北米の個人向けガジェット保険市場の見通し、2018年～2032年

第7章 欧州の個人向けガジェット保険市場の見通し、2018年～2032年

第8章 アジア太平洋の個人向けガジェット保険市場の展望、2018年～2032年

第9章 南米の個人向けガジェット保険市場の見通し、2018年～2032年

第10章 中東・アフリカの個人向けガジェット保険市場の見通し、2018年～2032年

第11章 需要供給分析

第12章 バリューチェーン分析

第13章 ポーターのファイブフォース分析

第14章 PESTLE分析

第15章 保険料コスト分析

第16章 市場力学

• 市場促進要因
• 市場の課題

第17章 市場の動向と発展

第18章 ケーススタディ

第19章 競合情勢

• 市場リーダートップ5の競合マトリックス
• 参入企業トップ5のSWOT分析
• 市場の主要参入企業トップ10の情勢
  • Allstate Corporation (SquareTrade Inc.)
  • Bolttech
  • Asurion LLC
  • AT&T Inc.
  • Worth Ave. Group LLC
  • Akko LLC
  • Assurant Inc
  • CloudCover
  • Insurance Factory Limited (Gadget Cover)
  • Hiscox Limited

第20章 戦略的提言

第21章 お問い合わせと免責事項

List of Tables

• Table 1. Pricing Analysis of Products from Key Players
• Table 2. Competition Matrix of Top 5 Market Leaders
• Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
• Table 4. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

• Figure 1. Global Personal Gadget Insurance Market, By Value, In USD Billion, 2018-2032F
• Figure 2. Global Personal Gadget Insurance Market Share (%), By Coverage Type, 2018-2032F
• Figure 3. Global Personal Gadget Insurance Market Share (%), By Gadget Type, 2018-2032F
• Figure 4. Global Personal Gadget Insurance Market Share (%), By Distribution Channel, 2018-2032F
• Figure 5. Global Personal Gadget Insurance Market Share (%), By End-user, 2018-2032F
• Figure 6. Global Personal Gadget Insurance Market Share (%), By Region, 2018-2032F
• Figure 7. North America Personal Gadget Insurance Market, By Value, In USD Billion, 2018-2032F
• Figure 8. North America Personal Gadget Insurance Market Share (%), By Coverage Type, 2018-2032F
• Figure 9. North America Personal Gadget Insurance Market Share (%), By Gadget Type, 2018-2032F
• Figure 10. North America Personal Gadget Insurance Market Share (%), By Distribution Channel, 2018-2032F
• Figure 11. North America Personal Gadget Insurance Market Share (%), By End-user, 2018-2032F
• Figure 12. North America Personal Gadget Insurance Market Share (%), By Country, 2018-2032F
• Figure 13. United States Personal Gadget Insurance Market, By Value, In USD Billion, 2018-2032F
• Figure 14. United States Personal Gadget Insurance Market Share (%), By Coverage Type, 2018-2032F
• Figure 15. United States Personal Gadget Insurance Market Share (%), By Gadget Type, 2018-2032F
• Figure 16. United States Personal Gadget Insurance Market Share (%), By Distribution Channel, 2018-2032F
• Figure 17. United States Personal Gadget Insurance Market Share (%), By End-user, 2018-2032F
• Figure 18. Canada Personal Gadget Insurance Market, By Value, In USD Billion, 2018-2032F
• Figure 19. Canada Personal Gadget Insurance Market Share (%), By Coverage Type, 2018-2032F
• Figure 20. Canada Personal Gadget Insurance Market Share (%), By Gadget Type, 2018-2032F
• Figure 21. Canada Personal Gadget Insurance Market Share (%), By Distribution Channel, 2018-2032F
• Figure 22. Canada Personal Gadget Insurance Market Share (%), By End-user, 2018-2032F
• Figure 23. Mexico Personal Gadget Insurance Market, By Value, In USD Billion, 2018-2032F
• Figure 24. Mexico Personal Gadget Insurance Market Share (%), By Coverage Type, 2018-2032F
• Figure 25. Mexico Personal Gadget Insurance Market Share (%), By Gadget Type, 2018-2032F
• Figure 26. Mexico Personal Gadget Insurance Market Share (%), By Distribution Channel, 2018-2032F
• Figure 27. Mexico Personal Gadget Insurance Market Share (%), By End-user, 2018-2032F
• Figure 28. Europe Personal Gadget Insurance Market, By Value, In USD Billion, 2018-2032F
• Figure 29. Europe Personal Gadget Insurance Market Share (%), By Coverage Type, 2018-2032F
• Figure 30. Europe Personal Gadget Insurance Market Share (%), By Gadget Type, 2018-2032F
• Figure 31. Europe Personal Gadget Insurance Market Share (%), By Distribution Channel, 2018-2032F
• Figure 32. Europe Personal Gadget Insurance Market Share (%), By End-user, 2018-2032F
• Figure 33. Europe Personal Gadget Insurance Market Share (%), By Country, 2018-2032F
• Figure 34. Germany Personal Gadget Insurance Market, By Value, In USD Billion, 2018-2032F
• Figure 35. Germany Personal Gadget Insurance Market Share (%), By Coverage Type, 2018-2032F
• Figure 36. Germany Personal Gadget Insurance Market Share (%), By Gadget Type, 2018-2032F
• Figure 37. Germany Personal Gadget Insurance Market Share (%), By Distribution Channel, 2018-2032F
• Figure 38. Germany Personal Gadget Insurance Market Share (%), By End-user, 2018-2032F
• Figure 39. France Personal Gadget Insurance Market, By Value, In USD Billion, 2018-2032F
• Figure 40. France Personal Gadget Insurance Market Share (%), By Coverage Type, 2018-2032F
• Figure 41. France Personal Gadget Insurance Market Share (%), By Gadget Type, 2018-2032F
• Figure 42. France Personal Gadget Insurance Market Share (%), By Distribution Channel, 2018-2032F
• Figure 43. France Personal Gadget Insurance Market Share (%), By End-user, 2018-2032F
• Figure 44. Italy Personal Gadget Insurance Market, By Value, In USD Billion, 2018-2032F
• Figure 45. Italy Personal Gadget Insurance Market Share (%), By Coverage Type, 2018-2032F
• Figure 46. Italy Personal Gadget Insurance Market Share (%), By Gadget Type, 2018-2032F
• Figure 47. Italy Personal Gadget Insurance Market Share (%), By Distribution Channel, 2018-2032F
• Figure 48. Italy Personal Gadget Insurance Market Share (%), By End-user, 2018-2032F
• Figure 49. United Kingdom Personal Gadget Insurance Market, By Value, In USD Billion, 2018-2032F
• Figure 50. United Kingdom Personal Gadget Insurance Market Share (%), By Coverage Type, 2018-2032F
• Figure 51. United Kingdom Personal Gadget Insurance Market Share (%), By Gadget Type, 2018-2032F
• Figure 52. United Kingdom Personal Gadget Insurance Market Share (%), By Distribution Channel, 2018-2032F
• Figure 53. United Kingdom Personal Gadget Insurance Market Share (%), By End-user, 2018-2032F
• Figure 54. Russia Personal Gadget Insurance Market, By Value, In USD Billion, 2018-2032F
• Figure 55. Russia Personal Gadget Insurance Market Share (%), By Coverage Type, 2018-2032F
• Figure 56. Russia Personal Gadget Insurance Market Share (%), By Gadget Type, 2018-2032F
• Figure 57. Russia Personal Gadget Insurance Market Share (%), By Distribution Channel, 2018-2032F
• Figure 58. Russia Personal Gadget Insurance Market Share (%), By End-user, 2018-2032F
• Figure 59. Netherlands Personal Gadget Insurance Market, By Value, In USD Billion, 2018-2032F
• Figure 60. Netherlands Personal Gadget Insurance Market Share (%), By Coverage Type, 2018-2032F
• Figure 61. Netherlands Personal Gadget Insurance Market Share (%), By Gadget Type, 2018-2032F
• Figure 62. Netherlands Personal Gadget Insurance Market Share (%), By Distribution Channel, 2018-2032F
• Figure 63. Netherlands Personal Gadget Insurance Market Share (%), By End-user, 2018-2032F
• Figure 64. Spain Personal Gadget Insurance Market, By Value, In USD Billion, 2018-2032F
• Figure 65. Spain Personal Gadget Insurance Market Share (%), By Coverage Type, 2018-2032F
• Figure 66. Spain Personal Gadget Insurance Market Share (%), By Gadget Type, 2018-2032F
• Figure 67. Spain Personal Gadget Insurance Market Share (%), By Distribution Channel, 2018-2032F
• Figure 68. Spain Personal Gadget Insurance Market Share (%), By End-user, 2018-2032F
• Figure 69. Turkey Personal Gadget Insurance Market, By Value, In USD Billion, 2018-2032F
• Figure 70. Turkey Personal Gadget Insurance Market Share (%), By Coverage Type, 2018-2032F
• Figure 71. Turkey Personal Gadget Insurance Market Share (%), By Gadget Type, 2018-2032F
• Figure 72. Turkey Personal Gadget Insurance Market Share (%), By Distribution Channel, 2018-2032F
• Figure 73. Turkey Personal Gadget Insurance Market Share (%), By End-user, 2018-2032F
• Figure 74. Poland Personal Gadget Insurance Market, By Value, In USD Billion, 2018-2032F
• Figure 75. Poland Personal Gadget Insurance Market Share (%), By Coverage Type, 2018-2032F
• Figure 76. Poland Personal Gadget Insurance Market Share (%), By Gadget Type, 2018-2032F
• Figure 77. Poland Personal Gadget Insurance Market Share (%), By Distribution Channel, 2018-2032F
• Figure 78. Poland Personal Gadget Insurance Market Share (%), By End-user, 2018-2032F
• Figure 79. South America Personal Gadget Insurance Market, By Value, In USD Billion, 2018-2032F
• Figure 80. South America Personal Gadget Insurance Market Share (%), By Coverage Type, 2018-2032F
• Figure 81. South America Personal Gadget Insurance Market Share (%), By Gadget Type, 2018-2032F
• Figure 82. South America Personal Gadget Insurance Market Share (%), By Distribution Channel, 2018-2032F
• Figure 83. South America Personal Gadget Insurance Market Share (%), By End-user, 2018-2032F
• Figure 84. South America Personal Gadget Insurance Market Share (%), By Country, 2018-2032F
• Figure 85. Brazil Personal Gadget Insurance Market, By Value, In USD Billion, 2018-2032F
• Figure 86. Brazil Personal Gadget Insurance Market Share (%), By Coverage Type, 2018-2032F
• Figure 87. Brazil Personal Gadget Insurance Market Share (%), By Gadget Type, 2018-2032F
• Figure 88. Brazil Personal Gadget Insurance Market Share (%), By Distribution Channel, 2018-2032F
• Figure 89. Brazil Personal Gadget Insurance Market Share (%), By End-user, 2018-2032F
• Figure 90. Argentina Personal Gadget Insurance Market, By Value, In USD Billion, 2018-2032F
• Figure 91. Argentina Personal Gadget Insurance Market Share (%), By Coverage Type, 2018-2032F
• Figure 92. Argentina Personal Gadget Insurance Market Share (%), By Gadget Type, 2018-2032F
• Figure 93. Argentina Personal Gadget Insurance Market Share (%), By Distribution Channel, 2018-2032F
• Figure 94. Argentina Personal Gadget Insurance Market Share (%), By End-user, 2018-2032F
• Figure 95. Asia-Pacific Personal Gadget Insurance Market, By Value, In USD Billion, 2018-2032F
• Figure 96. Asia-Pacific Personal Gadget Insurance Market Share (%), By Coverage Type, 2018-2032F
• Figure 97. Asia-Pacific Personal Gadget Insurance Market Share (%), By Gadget Type, 2018-2032F
• Figure 98. Asia-Pacific Personal Gadget Insurance Market Share (%), By Distribution Channel, 2018-2032F
• Figure 99. Asia-Pacific Personal Gadget Insurance Market Share (%), By End-user, 2018-2032F
• Figure 100. Asia-Pacific Personal Gadget Insurance Market Share (%), By Country, 2018-2032F
• Figure 101. India Personal Gadget Insurance Market, By Value, In USD Billion, 2018-2032F
• Figure 102. India Personal Gadget Insurance Market Share (%), By Coverage Type, 2018-2032F
• Figure 103. India Personal Gadget Insurance Market Share (%), By Gadget Type, 2018-2032F
• Figure 104. India Personal Gadget Insurance Market Share (%), By Distribution Channel, 2018-2032F
• Figure 105. India Personal Gadget Insurance Market Share (%), By End-user, 2018-2032F
• Figure 106. China Personal Gadget Insurance Market, By Value, In USD Billion, 2018-2032F
• Figure 107. China Personal Gadget Insurance Market Share (%), By Coverage Type, 2018-2032F
• Figure 108. China Personal Gadget Insurance Market Share (%), By Gadget Type, 2018-2032F
• Figure 109. China Personal Gadget Insurance Market Share (%), By Distribution Channel, 2018-2032F
• Figure 110. China Personal Gadget Insurance Market Share (%), By End-user, 2018-2032F
• Figure 111. Japan Personal Gadget Insurance Market, By Value, In USD Billion, 2018-2032F
• Figure 112. Japan Personal Gadget Insurance Market Share (%), By Coverage Type, 2018-2032F
• Figure 113. Japan Personal Gadget Insurance Market Share (%), By Gadget Type, 2018-2032F
• Figure 114. Japan Personal Gadget Insurance Market Share (%), By Distribution Channel, 2018-2032F
• Figure 115. Japan Personal Gadget Insurance Market Share (%), By End-user, 2018-2032F
• Figure 116. Australia Personal Gadget Insurance Market, By Value, In USD Billion, 2018-2032F
• Figure 117. Australia Personal Gadget Insurance Market Share (%), By Coverage Type, 2018-2032F
• Figure 118. Australia Personal Gadget Insurance Market Share (%), By Gadget Type, 2018-2032F
• Figure 119. Australia Personal Gadget Insurance Market Share (%), By Distribution Channel, 2018-2032F
• Figure 120. Australia Personal Gadget Insurance Market Share (%), By End-user, 2018-2032F
• Figure 121. Vietnam Personal Gadget Insurance Market, By Value, In USD Billion, 2018-2032F
• Figure 122. Vietnam Personal Gadget Insurance Market Share (%), By Coverage Type, 2018-2032F
• Figure 123. Vietnam Personal Gadget Insurance Market Share (%), By Gadget Type, 2018-2032F
• Figure 124. Vietnam Personal Gadget Insurance Market Share (%), By Distribution Channel, 2018-2032F
• Figure 125. Vietnam Personal Gadget Insurance Market Share (%), By End-user, 2018-2032F
• Figure 126. South Korea Personal Gadget Insurance Market, By Value, In USD Billion, 2018-2032F
• Figure 127. South Korea Personal Gadget Insurance Market Share (%), By Coverage Type, 2018-2032F
• Figure 128. South Korea Personal Gadget Insurance Market Share (%), By Gadget Type, 2018-2032F
• Figure 129. South Korea Personal Gadget Insurance Market Share (%), By Distribution Channel, 2018-2032F
• Figure 130. South Korea Personal Gadget Insurance Market Share (%), By End-user, 2018-2032F
• Figure 131. Indonesia Personal Gadget Insurance Market, By Value, In USD Billion, 2018-2032F
• Figure 132. Indonesia Personal Gadget Insurance Market Share (%), By Coverage Type, 2018-2032F
• Figure 133. Indonesia Personal Gadget Insurance Market Share (%), By Gadget Type, 2018-2032F
• Figure 134. Indonesia Personal Gadget Insurance Market Share (%), By Distribution Channel, 2018-2032F
• Figure 135. Indonesia Personal Gadget Insurance Market Share (%), By End-user, 2018-2032F
• Figure 136. Philippines Personal Gadget Insurance Market, By Value, In USD Billion, 2018-2032F
• Figure 137. Philippines Personal Gadget Insurance Market Share (%), By Coverage Type, 2018-2032F
• Figure 138. Philippines Personal Gadget Insurance Market Share (%), By Gadget Type, 2018-2032F
• Figure 139. Philippines Personal Gadget Insurance Market Share (%), By Distribution Channel, 2018-2032F
• Figure 140. Philippines Personal Gadget Insurance Market Share (%), By End-user, 2018-2032F
• Figure 141. Middle East & Africa Personal Gadget Insurance Market, By Value, In USD Billion, 2018-2032F
• Figure 142. Middle East & Africa Personal Gadget Insurance Market Share (%), By Coverage Type, 2018-2032F
• Figure 143. Middle East & Africa Personal Gadget Insurance Market Share (%), By Gadget Type, 2018-2032F
• Figure 144. Middle East & Africa Personal Gadget Insurance Market Share (%), By Distribution Channel, 2018-2032F
• Figure 145. Middle East & Africa Personal Gadget Insurance Market Share (%), By End-user, 2018-2032F
• Figure 146. Middle East & Africa Personal Gadget Insurance Market Share (%), By Country, 2018-2032F
• Figure 147. Saudi Arabia Personal Gadget Insurance Market, By Value, In USD Billion, 2018-2032F
• Figure 148. Saudi Arabia Personal Gadget Insurance Market Share (%), By Coverage Type, 2018-2032F
• Figure 149. Saudi Arabia Personal Gadget Insurance Market Share (%), By Gadget Type, 2018-2032F
• Figure 150. Saudi Arabia Personal Gadget Insurance Market Share (%), By Distribution Channel, 2018-2032F
• Figure 151. Saudi Arabia Personal Gadget Insurance Market Share (%), By End-user, 2018-2032F
• Figure 152. UAE Personal Gadget Insurance Market, By Value, In USD Billion, 2018-2032F
• Figure 153. UAE Personal Gadget Insurance Market Share (%), By Coverage Type, 2018-2032F
• Figure 154. UAE Personal Gadget Insurance Market Share (%), By Gadget Type, 2018-2032F
• Figure 155. UAE Personal Gadget Insurance Market Share (%), By Distribution Channel, 2018-2032F
• Figure 156. UAE Personal Gadget Insurance Market Share (%), By End-user, 2018-2032F
• Figure 157. South Africa Personal Gadget Insurance Market, By Value, In USD Billion, 2018-2032F
• Figure 158. South Africa Personal Gadget Insurance Market Share (%), By Coverage Type, 2018-2032F
• Figure 159. South Africa Personal Gadget Insurance Market Share (%), By Gadget Type, 2018-2032F
• Figure 160. South Africa Personal Gadget Insurance Market Share (%), By Distribution Channel, 2018-2032F
• Figure 161. South Africa Personal Gadget Insurance Market Share (%), By End-user, 2018-2032F
• Figure 162. By Coverage Type Map-Market Size (USD Billion) & Growth Rate (%), 2024
• Figure 163. By Gadget Type Map-Market Size (USD Billion) & Growth Rate (%), 2024
• Figure 164. By Distribution Channel Map-Market Size (USD Billion) & Growth Rate (%), 2024
• Figure 165. By End-user Map-Market Size (USD Billion) & Growth Rate (%), 2024
• Figure 166. By Region Map-Market Size (USD Billion) & Growth Rate (%), 2024

Global personal gadget insurance market is projected to witness a CAGR of 10.96% during the forecast period 2025-2032, growing from USD 51.14 billion in 2024 to USD 117.51 billion in 2032. Several key drivers are boosting the growth of global personal gadget insurance. High-end gadgets come with higher costs, and individuals are now more likely to seek protection in the case of losses. Accidental damage and theft are also on the rise and add to these demands. Remote work has dramatically increased the dependence on personal gadgets, increasing the need for cover. Consumer awareness of risks associated with gadget usage and the availability of competitive and customizable insurance plans have also driven market growth. Technological advancement tends to increase replacement costs, whereas the demand for international travel coverage has opened insurance avenues. Digital-first platforms, demand for sustainability, and regulatory changes influence the market. The integration of IoT and telematics enhances the assessment of risk and focuses on user education and cybersecurity coverage, addressing growing security concerns. These factors collectively create a dynamic and expanding market for personal gadget insurance, meeting the diverse needs of modern consumers.

Personal gadget insurance is a specialized insurance that offers financial protection to personal electronic devices, including smartphones, tablets, laptops, cameras, and wearables. This kind of insurance typically covers risks such as accidental damage, theft, loss, and malfunction, allowing consumers to repair or replace their gadgets without paying for significant out-of-pocket expenses. In April 2024, Akko LLC, a US-based provider of cutting-edge device insurance solutions, is excited to announce its acquisition of Upsie, a trailblazer in the device insurance industry. This strategic move underscores Akko's dedication to fostering growth, increasing its market presence, and offering exceptional customer experiences in the device insurance sector.

Increasing Sales of Mobile Phones and Wearables to Drive Market Expansion

The growth in sales of mobile phones and wearables is expected to drive the market significantly further. Mobile phones are becoming ubiquitous; hence, their increasing affordability and advanced features make them indispensable for communication, entertainment, and productivity. At the same time, the popularity of wearables such as smartwatches and fitness trackers also mirrors consumers' growing interest in health, fitness, and connected lifestyles. Not only do these gadgets bring convenience, but they are also totally friendly and integrate with the overall ecosystems of other technologies to provide maximum user benefit. Sales increases for such devices combine into an effect where more related services that people use and need now begin to drive demand-increase in services like gadget personal insurance. Gadget users paying high money will seek policies that can comprehensively cover losses. This trend stimulates the insurance market and encourages innovations in coverage options, addressing the evolving needs of a tech-savvy consumer base. Thus, the expanding sales of mobile phones and wearables are crucial to drivers propelling the growth and diversification of the personal gadget insurance market. In August 2024, US tech care company Asurion LLC, specializing in mobile device protection, announced a new partnership with Reach, a comprehensive digital connectivity and mobile virtual network enabler (MVNE) solutions provider. The collaboration will aim to deliver premium mobile device solutions to regional operators nationwide.

Technological Advancements to Drive Market Growth

Technological advancements will significantly push the growth of the personal gadget insurance market. The value and complexity of devices grow with their sophistication, thus making insurance crucial for their users. Foldable smartphones, AR glasses, and other advanced wearables raise costs and increase the demand for protection. In addition, using IoT-based technology and AI in handheld devices increases their functionality but pushes the stakes for damage or possible malfunction. Consumers are more aware of the losses they can incur by losing their valuable devices; therefore, they seek inclusive insurance solutions to cover any possible risks. The enhanced features of gadgets such as water resistance, wireless charging, and biometric security make them indispensable, which in turn increases the demand for insurance coverage.

Moreover, technological innovation in the insurance sector, such as digital platforms and AI-driven claim processes, makes services more streamlined and customer-friendly. All these factors emphasize the need for gadget insurance to protect against unforeseen events, driving market growth in this dynamic and tech-driven landscape. In April 2024, CloudCover, a US-based cybersecurity solutions company, introduced a platform enhanced by generative AI (GenAI) to bolster network security.

Physical Damage Segment to Dominate the Personal Gadget Insurance Market

With more high-value and fragile electronic devices within households, the physical damage section is going to dominate personal gadget insurance. Phones, tablets, laptops, and other wearable gadgets have become part and parcel of the daily grind so much that they are even at an increased risk for accidents and other mishap-spills, drops, etc. As consumers spend a lot of money on these high-tech devices, they require full insurance that would be able to cover the cost of repairs or replacement if physical damage occurs. Modern gadgets have high repair costs, especially because they are made of advanced materials and intricate designs. With the ever-increasing mobile workforce and remote work culture, there is an increased usage of personal gadgets, thereby increasing the risk of physical damage. Insurance companies are capitalizing on this demand by offering tailor-made policies specifically addressing the requirement to protect against physical damage. Increased coverage options and claims processes make the segment more promising and make it easier for customers to deal with repair or replacement processes. Hence, this is going to be one of the top growth areas for personal gadget insurance, led by physical damage.

In July 2024, Optimum Mobile and Asurion LLC teamed up to roll out a strong mobile device protection program that builds on the existing broadband partnership. This new program will provide full protection from accidental damage, theft, loss, and mechanical failure. The program includes same-day replacement, next-day service, 24/7 customer service, and free unlimited battery replacement for devices whose batteries fail to charge.

North America Dominates the Personal Gadget Insurance Market

North America dominates personal gadget insurance, driven by the adoption of the latest electronic devices in this region, which has a high consumer demand for its protection services. The prevalence of high-value gadgets such as smartphones, tablets, or wearables, besides being higher in disposable income of individuals, has increased the sense of awareness and, thereby, the high uptake of insurance policies across the region. The presence of leading insurance companies and innovative digital platforms in the United States and Canada also increases access and convenience for consumers looking for full coverage. The high-tech population in the region and the increasing importance of electronic investment protection further fuel market growth. In addition, the well-established e-commerce infrastructure and competitive landscape in North America promote the development of customized insurance solutions to meet the diverse needs of consumers.

In June 2024, Stellantis Financial Services US collaborated with insurtech company Bolttech to sell auto insurance through the Stellantis brand websites and mobile apps for Chrysler, Dodge, Jeep, Ram, Fiat, and Alfa Romeo customers. The partnership will simplify and personalize the buying process and provide custom coverage options through various channels. The offer will include usage-based choices using telematics, data, and analytics.

Europe is emerging as a leading player in the personal gadget insurance market. With high-value electronic devices increasingly being adopted and consumer awareness rising, the demand for comprehensive insurance coverage is surging. Improved digital platforms and innovative insurance solutions are driving expansion in the market, making Europe a key region for growth in the personal gadget insurance sector.

Future Market Scenario (2025 - 2032F)

Subscription-based insurance services will gain popularity, especially among younger demographics.

Expansion of digital-first insurance platforms will simplify the purchase and management of insurance policies.

Integration of IoT and AI integration in gadgets will enhance functionality and increase the need for comprehensive insurance.

Increased competition among insurance providers will lead to more competitive pricing and innovative coverage options.

Key Players Landscape and Outlook

As the market for personal gadget insurance becomes increasingly competitive, companies are continually evolving to be different. Innovation and customer-centric services have now become the way to do things, and providers have been focusing on creating unique selling propositions that address a variety of needs from their customers. Insurers have designed tailored insurance plans for different demographics to ensure their offerings are relevant and attractive to a broad audience. The competitive landscape is highly dominated by digital platforms, which enable insurers to provide seamless claims processing and enhance customer engagement. These platforms streamline interactions and make it easier for customers to access services, file claims, and receive support. Digitalization also facilitates the collection and analysis of customer data, enabling more personalized and efficient service delivery. In consequence, companies that can utilize digital technologies effectively and innovate their service offerings are more likely to capture market share, thus creating a dynamic and competitive environment in the personal gadget insurance sector.

In November 2024, Bolttech, a Singapore insurtech company announced the closing of a USD 50 million venture debt facility with HSBC. The funds will be used to support bolttech's future strategic growth initiatives, such as market expansion and opportunities to enhance technology and product capabilities, increasing operational flexibility.

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Executive Summary

4. Voice of Customer

• 4.1. Product and Market Intelligence
• 4.2. Mode of Brand Awareness
• 4.3. Factors Considered in Purchase Decisions
  • 4.3.1. Coverage Limit
  • 4.3.2. Excess Amount
  • 4.3.3. Cost
  • 4.3.4. Policy Limits
  • 4.3.5. Claim Process
  • 4.3.6. Multi-Device Options
• 4.4. Customer Support
• 4.5. Consideration of Privacy and Regulations

5. Global Personal Gadget Insurance Market Outlook, 2018-2032F

• 5.1. Market Size Analysis & Forecast
  • 5.1.1. By Value
• 5.2. Market Share Analysis & Forecast
  • 5.2.1. By Coverage Type
    • 5.2.1.1. Physical Damage
    • 5.2.1.2. Theft and Loss Protection
    • 5.2.1.3. Internet Component Failure
    • 5.2.1.4. Virus and Data Protection
    • 5.2.1.5. Others
  • 5.2.2. By Gadget Type
    • 5.2.2.1. Mobile Phones and Tablets
    • 5.2.2.2. Laptops and Personal Computers
    • 5.2.2.3. Cameras
    • 5.2.2.4. Wearable Devices
    • 5.2.2.5. Others
  • 5.2.3. By Distribution Channel
    • 5.2.3.1. Online
    • 5.2.3.2. Offline
  • 5.2.4. By End-user
    • 5.2.4.1. Individual
    • 5.2.4.2. Corporate
  • 5.2.5. By Region
    • 5.2.5.1. North America
    • 5.2.5.2. Europe
    • 5.2.5.3. Asia-Pacific
    • 5.2.5.4. South America
    • 5.2.5.5. Middle East and Africa
  • 5.2.6. By Company Market Share Analysis (Top 5 Companies and Others - By Value, 2024)
• 5.3. Market Map Analysis, 2024
  • 5.3.1. By Coverage Type
  • 5.3.2. By Gadget Type
  • 5.3.3. By Distribution Channel
  • 5.3.4. By End-user
  • 5.3.5. By Region

6. North America Personal Gadget Insurance Market Outlook, 2018-2032F*

• 6.1. Market Size Analysis & Forecast
  • 6.1.1. By Value
• 6.2. Market Share Analysis & Forecast
  • 6.2.1. By Coverage Type
    • 6.2.1.1. Physical Damage
    • 6.2.1.2. Theft and Loss Protection
    • 6.2.1.3. Internet Component Failure
    • 6.2.1.4. Virus and Data Protection
    • 6.2.1.5. Others
  • 6.2.2. By Gadget Type
    • 6.2.2.1. Mobile Phones and Tablets
    • 6.2.2.2. Laptops and Personal Computers
    • 6.2.2.3. Cameras
    • 6.2.2.4. Wearable Devices
    • 6.2.2.5. Others
  • 6.2.3. By Distribution Channel
    • 6.2.3.1. Online
    • 6.2.3.2. Offline
  • 6.2.4. By End-user
    • 6.2.4.1. Individual
    • 6.2.4.2. Corporate
  • 6.2.5. By Country Share
    • 6.2.5.1. United States
    • 6.2.5.2. Canada
    • 6.2.5.3. Mexico
• 6.3. Country Market Assessment
  • 6.3.1. United States Personal Gadget Insurance Market Outlook, 2018-2032F*
    • 6.3.1.1. Market Size Analysis & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share Analysis & Forecast
      • 6.3.1.2.1. By Coverage Type
        • 6.3.1.2.1.1. Physical Damage
        • 6.3.1.2.1.2. Theft and Loss Protection
        • 6.3.1.2.1.3. Internet Component Failure
        • 6.3.1.2.1.4. Virus and Data Protection
        • 6.3.1.2.1.5. Others
      • 6.3.1.2.2. By Gadget Type
        • 6.3.1.2.2.1. Mobile Phones and Tablets
        • 6.3.1.2.2.2. Laptops and Personal Computers
        • 6.3.1.2.2.3. Cameras
        • 6.3.1.2.2.4. Wearable Devices
        • 6.3.1.2.2.5. Others
      • 6.3.1.2.3. By Distribution Channel
        • 6.3.1.2.3.1. Online
        • 6.3.1.2.3.2. Offline
      • 6.3.1.2.4. By End-user
        • 6.3.1.2.4.1. Individual
        • 6.3.1.2.4.2. Corporate
  • 6.3.2. Canada
  • 6.3.3. Mexico

All segments will be provided for all regions and countries covered

7. Europe Personal Gadget Insurance Market Outlook, 2018-2032F

• 7.1. Germany
• 7.2. France
• 7.3. Italy
• 7.4. United Kingdom
• 7.5. Russia
• 7.6. Netherlands
• 7.7. Spain
• 7.8. Turkey
• 7.9. Poland

8. Asia-Pacific Personal Gadget Insurance Market Outlook, 2018-2032F

• 8.1. India
• 8.2. China
• 8.3. Japan
• 8.4. Australia
• 8.5. Vietnam
• 8.6. South Korea
• 8.7. Indonesia
• 8.8. Philippines

9. South America Personal Gadget Insurance Market Outlook, 2018-2032F

• 9.1. Brazil
• 9.2. Argentina

10. Middle East and Africa Personal Gadget Insurance Market Outlook, 2018-2032F

• 10.1. Saudi Arabia
• 10.2. UAE
• 10.3. South Africa

11. Demand Supply Analysis

12. Value Chain Analysis

13. Porter's Five Forces Analysis

14. PESTLE Analysis

15. Premium Cost Analysis

16. Market Dynamics

• 16.1. Market Drivers
• 16.2. Market Challenges

17. Market Trends and Developments

18. Case Studies

19. Competitive Landscape

• 19.1. Competition Matrix of Top 5 Market Leaders
• 19.2. SWOT Analysis for Top 5 Players
• 19.3. Key Players Landscape for Top 10 Market Players
  • 19.3.1. Allstate Corporation (SquareTrade Inc.)
    • 19.3.1.1. Company Details
    • 19.3.1.2. Key Management Personnel
    • 19.3.1.3. Products and Services
    • 19.3.1.4. Financials (As Reported)
    • 19.3.1.5. Key Market Focus and Geographical Presence
    • 19.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
  • 19.3.2. Bolttech
  • 19.3.3. Asurion LLC
  • 19.3.4. AT&T Inc.
  • 19.3.5. Worth Ave. Group LLC
  • 19.3.6. Akko LLC
  • 19.3.7. Assurant Inc
  • 19.3.8. CloudCover
  • 19.3.9. Insurance Factory Limited (Gadget Cover)
  • 19.3.10. Hiscox Limited

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

20. Strategic Recommendations

21. About Us and Disclaimer