Research and Markets: Mobile Phone Insurance Revenues Reached 8 Billion USD in 2011

DUBLIN -- (BUSINESS WIRE) -- Research and Markets (http://www.researchandmarkets.com/research/30d19b/mobile_phone_insur) has announced the addition of the "Mobile Phone Insurance Revenues by Country & Region Database: 2009 - 2016" directory to their offering.

Driven by the growing penetration of mid-range and high-end Smartphones, the mobile phone insurance industry is increasingly gaining momentum. As device vendors intensely compete by launching new and unique Smartphone models, insurance companies are heavily capitalizing on device specific insurance plans. With global revenues of over 8 Billion USD in 2011, the industry is set to grow at a CAGR of 28% over the next five years. By 2016, it is estimated that the industry would be worth 50 Billion USD. The Mobile Phone Insurance Revenues by Country & Region Database: 2009 - 2016 tracks historical revenues and yearly forecasts for the global mobile insurance industry at both country and regional levels.

For more information visit http://www.researchandmarkets.com/research/30d19b/mobile_phone_insur