Global Mobile Handset Protection Market: Snapshot
Today, mobile phones have become integral to everyday functioning in a communication-driven ecosystem. This has necessitated the need for appropriate security measures for protection against device theft, damage, or misuse. Moreover, at the corporate level, the introduction of practices such as enterprise mobility and bring your own device (BYOD) has widened the application scope of smartphones. This has surfaced as a growth opportunity for product manufacturers and service providers for value-added service offerings. Making a leap from solely rendering insurance for phones, these entities are offering bundled service packages that combine phone insurance with digital protection and seamless technical support.
Get Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=521
Mobile handset protection programs extend help in the event of a phone crisis, be that malfunctioning, loss, or damage and ensure that users can function normally with respect to their phones in the least possible time. In the event of a mobile phone theft or damage, purchasing a replacement device is expensive and is not affordable by a large population. Handset protection services may also comprise data backup, thus giving that peace of mind of retrieving important data would otherwise be lost. In addition, mobile handset protection programs may also offer mobile security, which ensures customers receive service continuation benefits with negligible disruption.
The existence of mobile handset protection programs is advantageous to service providers as well. Mobile operators have the assurance of retaining customers until their contract ends who would otherwise opt to incur early termination penalty and end their service. However, it is not a revenue generating pursuit for providers and may result into a cost and time intensive pursuit.
Mobile Handset Protection Market: Introduction
Consumers of smartphones and other modern connected consumer electronics are showing a growing need to manage, optimize, and improve their mobile user experience, data assets, and multiple mobile devices. In order to leverage this opportunity, leading…