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Global Report: Electronic Equipment Insurance Market Poised for Exponential Growth by 2023-2030 | Key PlayersTokio Marine Insurance Singapore Ltd, Allianz Insurance, The Hartford

Electronic equipment insurance, also known as electronic equipment breakdown insurance or electronic equipment coverage, is a type of insurance policy that provides protection and coverage for damage, loss, or breakdown of electronic devices and equipment. This insurance is specifically designed to cover the cost of repair or replacement of electronic devices such as computers, laptops, televisions, audio equipment, medical equipment, and other electronic devices that are essential for business operations or personal use.
Published 13 July 2023

An overview of current industry trends, drivers, restrictions, and metrics is provided in this Global analysis of the Electronic Equipment Insurance Market, along with an assessment of key market segments. The research examines market-wide demand growth projections for goods and services. A thorough segmental review is also part of the study methodology. The research includes information on the key firms dominating regional growth as well as growth parameters in regional markets.

The Global Electronic Equipment Insurance market is projected to reach USD 193.5 billion by 2030, at a CAGR of 12.6% during the forecast period.

This research offers a thorough historical analysis of the Global Electronic Equipment Insurance market from 2017 to 2022, as well as in-depth market projections for the years 2023 to 2030 by region, nation, and sub segment. It discusses the market for Electronic Equipment Insurance Market sales, revenue, value, gross margin, historical growth, and prospects for the future.

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Leading players of Electronic Equipment Insurance Market including:

Tokio Marine Insurance Singapore Ltd, Allianz Insurance, The Hartford, Goldstar Insurance Co. Ltd, NICL, Travelers Industry Edge, THE ORIENTAL INSURANCE COMPANY, Sagarmatha Insurance Company Limited, Consort Technical Underwriting Managers (Pty) Ltd, Liberty, Chubb, ICICI Lombard, Future Generali, Plus Ultra Seguros,

Total Market by Segment:

Global Electronic Equipment Insurance Market Segment Percentages By Type

Personal Device

Medical Equipment

Experiment Apparatus

Other 

Global Electronic Equipment Insurance Market Segment Percentages by Application

Personal

Commercial 

Electronic Equipment Insurance Market - Covid-19 Impact and Recovery Analysis:

The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain including Electronic Equipment Insurance industry. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries including Electronic Equipment Insurance. This report on Electronic Equipment Insurance Market provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2030, factoring the impact of Covid -19 Situation in the Electronic Equipment Insurance industry.

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Electronic Equipment Insurance Market Regional Analysis:

North America is poised to rule the sector as the Electronic Equipment Insurance market expands and changes. North American Electronic Equipment Insurance providers are at the forefront of innovation and growth as a result of its technology advancements, strong financial infrastructure, high customer uptake, and market consolidation initiatives. North American businesses are well-positioned to take the lead and influence the future of Electronic Equipment Insurance globally as customers depend more and more on digital payments and look for simple ways to transfer money.

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Spain etc.)

Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)

South America (Brazil, Argentina and Colombia etc.)

Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)

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Table of Contents – Major Key Points

1. Introduction

2. Research Methodology

3. Market Dynamics

4. Impact Analysis

4.1. COVID-19 Impact Analysis

4.2. Impact of Ukraine- Russia war

4.3. Impact of ongoing Recession on Major Economies

5. Value Chain Analysis

6. Porter’s 5 Forces Model

7. PEST Analysis

8. Global Electronic Equipment Insurance Market Segmentation, by Transaction Mode

9. Global Electronic Equipment Insurance Market, by Payment Type

10. Global Electronic Equipment Insurance Market, by End User

11. Global Electronic Equipment Insurance Market, by Application

12. Regional Analysis

13. Company Profiles

14. Competitive Landscape

15. Conclusion

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