Industry Overview
Personal gadget insurance provides coverage for accidental damage, theft, loss, and technical malfunction of digital devices such as smartphones, laptops, tablets, and smartwatches. As devices become more expensive and essential, demand for financial protection increases. This market includes direct-to-consumer offerings, embedded coverage from retailers, and extended warranty plans. It benefits from digital claims management, mobile apps, and partnerships with OEMs. Challenges include fraud, unclear policy terms, and uneven awareness across markets. However, rapid digitization, remote work, and e-commerce growth are key catalysts.The global insurance industry is a cornerstone of economic stability, offering risk management solutions across various sectors, including life, health, property, and casualty. The industry is undergoing a transformative phase, driven by technological advancements such as artificial intelligence, automation, and digital platforms. These innovations are reshaping customer expectations, pushing insurers to enhance user experiences through personalized policies and faster claims processing.
Personal Gadget Insurance Market Size in (USD Billion) CAGR Growth Rate 15.80%
| Study Period | 2020-2033 |
| Market Size (2025): | USD7.9Billion |
| Market Size (2033): | USD25.5Billion |
| CAGR (2025 - 2033): | 15.80% |
| Fastest Growing Region | Asia-Pacific |
| Dominating Region | North America |
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In terms of market size, the industry continues to grow steadily, fueled by rising awareness of risk management and increasing regulatory requirements. North America remains a key market, while Asia-Pacific is emerging as a high-growth region due to expanding middle-class populations and growing insurance penetration.
As competition intensifies, companies are focusing on digital transformation and strategic partnerships to remain agile and customer-centric. The industry is expected to see continued growth, especially in regions with increasing demand for health and life insurance products.
Personal Gadget Insurance Market Dynamics
Influencing Trend:- Instant digital claims processing
- bundled insurance with device sales
- usage-based premiums
- mobile app claim management
Market Growth Drivers:
- Increasing Reliance On Smartphones And Electronics
- rising Repair Costs
- growth Of Remote Work And Device Usage
- theft And Accidental Damage Risks
Challenges:
- Complex Claim Processes
- low Consumer Awareness In Developing Regions
- fraud Risks
- lack Of Standardization In Policies
Opportunities:
- Partnership With OEMs And Retailers
- microinsurance Models
- AI-based Risk Assessment
- integration With Fintech Platforms
Regulatory Framework
The insurance industry is heavily regulated to ensure market stability, protect consumers, and maintain solvency. Regulations differ by country but share common goals of promoting transparency, fair competition, and risk management. In the United States, insurance is primarily regulated at the state level, with each state's department responsible for licensing insurers, setting premium rates, and enforcing consumer protections. The National Association of Insurance Commissioners (NAIC) helps align state regulations by providing guidelines and model laws.In the European Union, the Solvency II directive sets the regulatory framework, focusing on capital requirements, risk management, and disclosure. Insurers must maintain sufficient capital to mitigate insolvency risks and comply with strict reporting and governance standards. This framework is aimed at protecting policyholders while ensuring the industry’s financial stability.
In many emerging markets, regulatory bodies are evolving, with a focus on increasing insurance penetration, protecting consumers, and promoting innovation. Governments are encouraging the adoption of digital tools and insurtech solutions, while regulators emphasize compliance with risk management standards.
Globally, there is growing attention to environmental, social, and governance (ESG) issues, requiring insurers to consider sustainability in their operations and policies. Adhering to these regulatory demands is vital for insurers to remain competitive and compliant.
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Regional Insight
The North America currently holds a significant share of the market, primarily due to several key factors: increasing consumption rates, a burgeoning population, and robust economic momentum. These elements collectively drive demand, positioning this region as a leader in the market. On the other hand, Asia-Pacific is rapidly emerging as the fastest-growing area within the industry. This remarkable growth can be attributed to swift infrastructure development, the expansion of various industrial sectors, and a marked increase in consumer demand. These dynamics make this region a crucial player in shaping future market growth. In our report, we cover a comprehensive analysis of the regions and countries, includingNorth America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA
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Dominating Region
North America
Market Segmentation
:Segmentation by Type
- Mobile Insurance
- Laptop Insurance
- Wearable Insurance
- Tablet Insurance
Personal Gadget Insurance Market Segmentation by Type
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Segmentation by Application
- Theft
- Accidental damage
- Liquid damage
- Loss protection
- Extended warranty
Personal Gadget Insurance Market Segmentation by Application
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Key Players
The companies highlighted in this profile were selected based on insights from primary experts and an evaluation of their market penetration, product offerings, and geographical reach.- AppleCare (USA)
- Samsung Care+ (South Korea)
- SquareTrade (USA)
- Asurion (USA)
- AKKO (USA)
- Worth Ave Group (USA)
- Geek Squad Protection (USA)
- CPP Group (UK)
- Allianz Global Assistance (Germany)
- Chubb Insurance (USA)
- Lemonade (USA)
- Protect Your Bubble (USA)
- Bolttech (Singapore)
- Safeware (USA)
Personal Gadget Insurance Market Segmentation by Players
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Report Insights
1. Informed Decision-Making: Our reports provide clients with comprehensive insights and data that enable them to make well-informed strategic decisions. This includes understanding market trends, customer preferences, and competitive dynamics.2. Risk Mitigation: By analyzing market conditions and potential challenges, our reports help clients identify risks early on. This allows them to develop strategies to mitigate these risks effectively.
3. Opportunity Identification: Our research identifies emerging opportunities within the market, such as new customer segments, product innovations, or geographical expansions, empowering clients to seize growth potential.
4. Benchmarking Performance: We provide comparative analyses against industry benchmarks, allowing clients to evaluate their performance relative to competitors and identify areas for improvement.
5. Tailored Recommendations: Each report is customized to address specific client needs, offering actionable recommendations that align with their business goals and challenges.
6. Regulatory Insights: Our reports often include an overview of regulatory environments, helping clients navigate compliance and understand the implications of regulatory changes.
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Why HTF Market Research
Choosing our market research company offers distinct advantages that set us apart from the competition. We specialize in delivering tailored solutions that address the specific needs and objectives of each client, ensuring that our insights are both relevant and actionable. Our team comprises industry experts with extensive knowledge across various sectors, providing in-depth analyses and nuanced perspectives to drive strategic decision-making. We employ a comprehensive research methodology that combines qualitative and quantitative techniques, giving clients a holistic view of market dynamics. Timeliness is a priority; we deliver reports within agreed timelines, ensuring access to the latest data when it matters most.Our proven track record of successful projects and satisfied clients underscores our reliability and effectiveness. Additionally, we leverage innovative tools and technologies to gather and analyze data efficiently, enhancing the accuracy of our findings. Our commitment extends beyond delivering reports; we offer ongoing support and consultation to help clients implement findings and adjust strategies as needed. By choosing our company, clients gain a dedicated partner equipped with the expertise and resources to navigate market complexities effectively and achieve their business goals.
Research Methodology
The research methodology for studying the insurance industry combines both qualitative and quantitative approaches. It begins with secondary research, gathering data from industry reports, government publications, and regulatory filings to understand market trends and dynamics. This is followed by primary research, involving interviews and surveys with industry stakeholders, such as insurers and regulators, to capture insights on market challenges and customer behavior. Quantitative analysis includes examining market size, growth rates, and segmentation by product type and geography. Competitive analysis and trend evaluation are conducted to assess key players and emerging industry shifts, culminating in forecasts and actionable insights for strategic planning.Market Entropy
- June 2025: Apple partnered with major insurers to offer bundled personal gadget insurance through AppleCare+, covering accidental loss and theft worldwide.
Merger & Acquisition
- June 2025 – Lemonade acquired a small insuretech company focused on smart device protection. In July, Lemonade launched “Lemonade Shield,” offering real-time AI-based damage assessment for phones and laptops.
Patent Analysis
- Telematics-based premium calculation patents growing.
Investment and Funding Scenario
- InsurTech firms raising Series A/B rapidly.
Market Estimation Process
Market Highlights
|
Report Features |
Details |
|
Base Year |
2025 |
|
Based Year Market Size |
USD7.9Billion |
|
Historical Period |
2020 |
|
CAGR (2025to 2033) |
15.80% |
|
Forecast Period |
2033 |
|
Forecasted Period Market Size (2033) |
USD25.5Billion |
|
Scope of the Report |
Segmentation by Type
Segmentation by Application
|
|
Regions Covered |
North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA |
|
Companies Covered |
AppleCare (USA),Samsung Care+ (South Korea),SquareTrade (USA),Asurion (USA),AKKO (USA),Worth Ave Group (USA),Geek Squad Protection (USA),CPP Group (UK),Allianz Global Assistance (Germany),Chubb Insurance (USA),Lemonade (USA),Protect Your Bubble (USA),Bolttech (Singapore),Safeware (USA) |
|
Customization Scope |
15% Free Customization (For EG) |
|
Delivery Format |
PDF and Excel through Email |
Personal Gadget Insurance - Table of Contents
Chapter 1: Market Preface
- 1.1 Global Personal Gadget Insurance Market Landscape
- 1.2 Scope of the Study
- 1.3 Relevant Findings & Stakeholder Advantages
Chapter 2: Strategic Overview
- 2.1 Global Personal Gadget Insurance Market Outlook
- 2.2 Total Addressable Market versus Serviceable Market
- 2.3 Market Rivalry Projection
Chapter 3 : Global Personal Gadget Insurance Market Business Environment & Changing Dynamics
-
3.1 Growth Drivers
- 3.1.1 Increasing reliance on smartphones and electronics
- 3.1.2 rising repair costs
- 3.1.3 growth of remote work and device usage
- 3.1.4 theft and accidental damage risks
-
3.2 Available Opportunities
- 3.2.1 Partnership with OEMs and retailers
- 3.2.2 microinsurance models
- 3.2.3 AI-based risk assessment
- 3.2.4 integration with fintech p
-
3.3 Influencing Trends
- 3.3.1 Instant digital claims processing
- 3.3.2 bundled insurance with device sales
- 3.3.3 usage-based premiums
- 3.3.4 mobile app claim m
-
3.4 Challenges
- 3.4.1 Complex claim processes
- 3.4.2 low consumer awareness in developing regions
- 3.4.3 fraud risks
- 3.4.4 lack of standardization in p
- 3.5 Regional Dynamics
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Sectional Purchase
Chapter 4 : Global Personal Gadget Insurance Industry Factors Assessment
- 4.1 Current Scenario
- 4.2 PEST Analysis
- 4.3 Business Environment - PORTER 5-Forces Analysis
- 4.3.1 Supplier Leverage
- 4.3.2 Bargaining Power of Buyers
- 4.3.3 Threat of Substitutes
- 4.3.4 Threat from New Entrant
- 4.3.5 Market Competition Level
- 4.4 Roadmap of Personal Gadget Insurance Market
- 4.5 Impact of Macro-Economic Factors
- 4.6 Market Entry Strategies
- 4.7 Political and Regulatory Landscape
- 4.8 Supply Chain Analysis
- 4.9 Impact of Tariff War
Chapter 5: Personal Gadget Insurance : Competition Benchmarking & Performance Evaluation
- 5.1 Global Personal Gadget Insurance Market Concentration Ratio
- 5.1.1 CR4, CR8 and HH Index
- 5.1.2 % Market Share - Top 3
- 5.1.3 Market Holding by Top 5
- 5.2 Market Position of Manufacturers by Personal Gadget Insurance Revenue 2025
- 5.3 BCG Matrix
- 5.3 Market Entropy
- 5.4 FPNV Positioning Matrix
- 5.5 Heat Map Analysis
Chapter 6: Global Personal Gadget Insurance Market: Company Profiles
- 6.1 AppleCare (USA)
- 6.1.1 AppleCare (USA) Company Overview
- 6.1.2 AppleCare (USA) Product/Service Portfolio & Specifications
- 6.1.3 AppleCare (USA) Key Financial Metrics
- 6.1.4 AppleCare (USA) SWOT Analysis
- 6.1.5 AppleCare (USA) Development Activities
- 6.2 Samsung Care+ (South Korea)
- 6.3 SquareTrade (USA)
- 6.4 Asurion (USA)
- 6.5 AKKO (USA)
- 6.6 Worth Ave Group (USA)
- 6.7 Geek Squad Protection (USA)
- 6.8 CPP Group (UK)
- 6.9 Allianz Global Assistance (Germany)
- 6.10 Chubb Insurance (USA)
- 6.11 Lemonade (USA)
- 6.12 Protect Your Bubble (USA)
- 6.13 Bolttech (Singapore)
- 6.14 Safeware (USA)
- 6.15 Gadget Cover (UK)
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Sectional Purchase
Chapter 7 : Global Personal Gadget Insurance by Type & Application (2020-2033)
-
7.1 Global Personal Gadget Insurance Market Revenue Analysis (USD Million) by Type (2020-2025)
- 7.1.1 Mobile Insurance
- 7.1.2 Laptop Insurance
- 7.1.3 Wearable Insurance
- 7.1.4 Tablet Insurance
- 7.1.5 Camera Insurance
-
7.2 Global Personal Gadget Insurance Market Revenue Analysis (USD Million) by Application (2020-2025)
- 7.2.1 Theft
- 7.2.2 Accidental Damage
- 7.2.3 Liquid Damage
- 7.2.4 Loss Protection
- 7.2.5 Extended Warranty
- 7.3 Global Personal Gadget Insurance Market Revenue Analysis (USD Million) by Type (2025-2033)
- 7.4 Global Personal Gadget Insurance Market Revenue Analysis (USD Million) by Application (2025-2033)
Chapter 8 : North America Personal Gadget Insurance Market Breakdown by Country, Type & Application
- 8.1 North America Personal Gadget Insurance Market by Country (USD Million) [2020-2025]
- 8.1.1 United States
- 8.1.2 Canada
-
8.2 North America Personal Gadget Insurance Market by Type (USD Million) [2020-2025]
- 8.2.1 Mobile Insurance
- 8.2.2 Laptop Insurance
- 8.2.3 Wearable Insurance
- 8.2.4 Tablet Insurance
- 8.2.5 Camera Insurance
-
8.3 North America Personal Gadget Insurance Market by Application (USD Million) [2020-2025]
- 8.3.1 Theft
- 8.3.2 Accidental Damage
- 8.3.3 Liquid Damage
- 8.3.4 Loss Protection
- 8.3.5 Extended Warranty
- 8.4 North America Personal Gadget Insurance Market by Country (USD Million) [2026-2033]
- 8.5 North America Personal Gadget Insurance Market by Type (USD Million) [2026-2033]
- 8.6 North America Personal Gadget Insurance Market by Application (USD Million) [2026-2033]
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Sectional Purchase
Chapter 9 : LATAM Personal Gadget Insurance Market Breakdown by Country, Type & Application
- 9.1 LATAM Personal Gadget Insurance Market by Country (USD Million) [2020-2025]
- 9.1.1 Brazil
- 9.1.2 Argentina
- 9.1.3 Chile
- 9.1.4 Mexico
- 9.1.5 Rest of LATAM
-
9.2 LATAM Personal Gadget Insurance Market by Type (USD Million) [2020-2025]
- 9.2.1 Mobile Insurance
- 9.2.2 Laptop Insurance
- 9.2.3 Wearable Insurance
- 9.2.4 Tablet Insurance
- 9.2.5 Camera Insurance
-
9.3 LATAM Personal Gadget Insurance Market by Application (USD Million) [2020-2025]
- 9.3.1 Theft
- 9.3.2 Accidental Damage
- 9.3.3 Liquid Damage
- 9.3.4 Loss Protection
- 9.3.5 Extended Warranty
- 9.4 LATAM Personal Gadget Insurance Market by Country (USD Million) [2026-2033]
- 9.5 LATAM Personal Gadget Insurance Market by Type (USD Million) [2026-2033]
- 9.6 LATAM Personal Gadget Insurance Market by Application (USD Million) [2026-2033]
Chapter 10 : West Europe Personal Gadget Insurance Market Breakdown by Country, Type & Application
- 10.1 West Europe Personal Gadget Insurance Market by Country (USD Million) [2020-2025]
- 10.1.1 Germany
- 10.1.2 France
- 10.1.3 Benelux
- 10.1.4 Switzerland
- 10.1.5 Rest of West Europe
-
10.2 West Europe Personal Gadget Insurance Market by Type (USD Million) [2020-2025]
- 10.2.1 Mobile Insurance
- 10.2.2 Laptop Insurance
- 10.2.3 Wearable Insurance
- 10.2.4 Tablet Insurance
- 10.2.5 Camera Insurance
-
10.3 West Europe Personal Gadget Insurance Market by Application (USD Million) [2020-2025]
- 10.3.1 Theft
- 10.3.2 Accidental Damage
- 10.3.3 Liquid Damage
- 10.3.4 Loss Protection
- 10.3.5 Extended Warranty
- 10.4 West Europe Personal Gadget Insurance Market by Country (USD Million) [2026-2033]
- 10.5 West Europe Personal Gadget Insurance Market by Type (USD Million) [2026-2033]
- 10.6 West Europe Personal Gadget Insurance Market by Application (USD Million) [2026-2033]
Chapter 11 : Central & Eastern Europe Personal Gadget Insurance Market Breakdown by Country, Type & Application
- 11.1 Central & Eastern Europe Personal Gadget Insurance Market by Country (USD Million) [2020-2025]
- 11.1.1 Bulgaria
- 11.1.2 Poland
- 11.1.3 Hungary
- 11.1.4 Romania
- 11.1.5 Rest of CEE
-
11.2 Central & Eastern Europe Personal Gadget Insurance Market by Type (USD Million) [2020-2025]
- 11.2.1 Mobile Insurance
- 11.2.2 Laptop Insurance
- 11.2.3 Wearable Insurance
- 11.2.4 Tablet Insurance
- 11.2.5 Camera Insurance
-
11.3 Central & Eastern Europe Personal Gadget Insurance Market by Application (USD Million) [2020-2025]
- 11.3.1 Theft
- 11.3.2 Accidental Damage
- 11.3.3 Liquid Damage
- 11.3.4 Loss Protection
- 11.3.5 Extended Warranty
- 11.4 Central & Eastern Europe Personal Gadget Insurance Market by Country (USD Million) [2026-2033]
- 11.5 Central & Eastern Europe Personal Gadget Insurance Market by Type (USD Million) [2026-2033]
- 11.6 Central & Eastern Europe Personal Gadget Insurance Market by Application (USD Million) [2026-2033]
Chapter 12 : Northern Europe Personal Gadget Insurance Market Breakdown by Country, Type & Application
- 12.1 Northern Europe Personal Gadget Insurance Market by Country (USD Million) [2020-2025]
- 12.1.1 The United Kingdom
- 12.1.2 Sweden
- 12.1.3 Norway
- 12.1.4 Baltics
- 12.1.5 Ireland
- 12.1.6 Rest of Northern Europe
-
12.2 Northern Europe Personal Gadget Insurance Market by Type (USD Million) [2020-2025]
- 12.2.1 Mobile Insurance
- 12.2.2 Laptop Insurance
- 12.2.3 Wearable Insurance
- 12.2.4 Tablet Insurance
- 12.2.5 Camera Insurance
-
12.3 Northern Europe Personal Gadget Insurance Market by Application (USD Million) [2020-2025]
- 12.3.1 Theft
- 12.3.2 Accidental Damage
- 12.3.3 Liquid Damage
- 12.3.4 Loss Protection
- 12.3.5 Extended Warranty
- 12.4 Northern Europe Personal Gadget Insurance Market by Country (USD Million) [2026-2033]
- 12.5 Northern Europe Personal Gadget Insurance Market by Type (USD Million) [2026-2033]
- 12.6 Northern Europe Personal Gadget Insurance Market by Application (USD Million) [2026-2033]
Chapter 13 : Southern Europe Personal Gadget Insurance Market Breakdown by Country, Type & Application
- 13.1 Southern Europe Personal Gadget Insurance Market by Country (USD Million) [2020-2025]
- 13.1.1 Spain
- 13.1.2 Italy
- 13.1.3 Portugal
- 13.1.4 Greece
- 13.1.5 Rest of Southern Europe
-
13.2 Southern Europe Personal Gadget Insurance Market by Type (USD Million) [2020-2025]
- 13.2.1 Mobile Insurance
- 13.2.2 Laptop Insurance
- 13.2.3 Wearable Insurance
- 13.2.4 Tablet Insurance
- 13.2.5 Camera Insurance
-
13.3 Southern Europe Personal Gadget Insurance Market by Application (USD Million) [2020-2025]
- 13.3.1 Theft
- 13.3.2 Accidental Damage
- 13.3.3 Liquid Damage
- 13.3.4 Loss Protection
- 13.3.5 Extended Warranty
- 13.4 Southern Europe Personal Gadget Insurance Market by Country (USD Million) [2026-2033]
- 13.5 Southern Europe Personal Gadget Insurance Market by Type (USD Million) [2026-2033]
- 13.6 Southern Europe Personal Gadget Insurance Market by Application (USD Million) [2026-2033]
Chapter 14 : East Asia Personal Gadget Insurance Market Breakdown by Country, Type & Application
- 14.1 East Asia Personal Gadget Insurance Market by Country (USD Million) [2020-2025]
- 14.1.1 China
- 14.1.2 Japan
- 14.1.3 South Korea
- 14.1.4 Taiwan
- 14.1.5 Others
-
14.2 East Asia Personal Gadget Insurance Market by Type (USD Million) [2020-2025]
- 14.2.1 Mobile Insurance
- 14.2.2 Laptop Insurance
- 14.2.3 Wearable Insurance
- 14.2.4 Tablet Insurance
- 14.2.5 Camera Insurance
-
14.3 East Asia Personal Gadget Insurance Market by Application (USD Million) [2020-2025]
- 14.3.1 Theft
- 14.3.2 Accidental Damage
- 14.3.3 Liquid Damage
- 14.3.4 Loss Protection
- 14.3.5 Extended Warranty
- 14.4 East Asia Personal Gadget Insurance Market by Country (USD Million) [2026-2033]
- 14.5 East Asia Personal Gadget Insurance Market by Type (USD Million) [2026-2033]
- 14.6 East Asia Personal Gadget Insurance Market by Application (USD Million) [2026-2033]
Chapter 15 : Southeast Asia Personal Gadget Insurance Market Breakdown by Country, Type & Application
- 15.1 Southeast Asia Personal Gadget Insurance Market by Country (USD Million) [2020-2025]
- 15.1.1 Vietnam
- 15.1.2 Singapore
- 15.1.3 Thailand
- 15.1.4 Malaysia
- 15.1.5 Indonesia
- 15.1.6 Philippines
- 15.1.7 Rest of SEA Countries
-
15.2 Southeast Asia Personal Gadget Insurance Market by Type (USD Million) [2020-2025]
- 15.2.1 Mobile Insurance
- 15.2.2 Laptop Insurance
- 15.2.3 Wearable Insurance
- 15.2.4 Tablet Insurance
- 15.2.5 Camera Insurance
-
15.3 Southeast Asia Personal Gadget Insurance Market by Application (USD Million) [2020-2025]
- 15.3.1 Theft
- 15.3.2 Accidental Damage
- 15.3.3 Liquid Damage
- 15.3.4 Loss Protection
- 15.3.5 Extended Warranty
- 15.4 Southeast Asia Personal Gadget Insurance Market by Country (USD Million) [2026-2033]
- 15.5 Southeast Asia Personal Gadget Insurance Market by Type (USD Million) [2026-2033]
- 15.6 Southeast Asia Personal Gadget Insurance Market by Application (USD Million) [2026-2033]
Chapter 16 : South Asia Personal Gadget Insurance Market Breakdown by Country, Type & Application
- 16.1 South Asia Personal Gadget Insurance Market by Country (USD Million) [2020-2025]
- 16.1.1 India
- 16.1.2 Bangladesh
- 16.1.3 Others
-
16.2 South Asia Personal Gadget Insurance Market by Type (USD Million) [2020-2025]
- 16.2.1 Mobile Insurance
- 16.2.2 Laptop Insurance
- 16.2.3 Wearable Insurance
- 16.2.4 Tablet Insurance
- 16.2.5 Camera Insurance
-
16.3 South Asia Personal Gadget Insurance Market by Application (USD Million) [2020-2025]
- 16.3.1 Theft
- 16.3.2 Accidental Damage
- 16.3.3 Liquid Damage
- 16.3.4 Loss Protection
- 16.3.5 Extended Warranty
- 16.4 South Asia Personal Gadget Insurance Market by Country (USD Million) [2026-2033]
- 16.5 South Asia Personal Gadget Insurance Market by Type (USD Million) [2026-2033]
- 16.6 South Asia Personal Gadget Insurance Market by Application (USD Million) [2026-2033]
Chapter 17 : Central Asia Personal Gadget Insurance Market Breakdown by Country, Type & Application
- 17.1 Central Asia Personal Gadget Insurance Market by Country (USD Million) [2020-2025]
- 17.1.1 Kazakhstan
- 17.1.2 Tajikistan
- 17.1.3 Others
-
17.2 Central Asia Personal Gadget Insurance Market by Type (USD Million) [2020-2025]
- 17.2.1 Mobile Insurance
- 17.2.2 Laptop Insurance
- 17.2.3 Wearable Insurance
- 17.2.4 Tablet Insurance
- 17.2.5 Camera Insurance
-
17.3 Central Asia Personal Gadget Insurance Market by Application (USD Million) [2020-2025]
- 17.3.1 Theft
- 17.3.2 Accidental Damage
- 17.3.3 Liquid Damage
- 17.3.4 Loss Protection
- 17.3.5 Extended Warranty
- 17.4 Central Asia Personal Gadget Insurance Market by Country (USD Million) [2026-2033]
- 17.5 Central Asia Personal Gadget Insurance Market by Type (USD Million) [2026-2033]
- 17.6 Central Asia Personal Gadget Insurance Market by Application (USD Million) [2026-2033]
Chapter 18 : Oceania Personal Gadget Insurance Market Breakdown by Country, Type & Application
- 18.1 Oceania Personal Gadget Insurance Market by Country (USD Million) [2020-2025]
- 18.1.1 Australia
- 18.1.2 New Zealand
- 18.1.3 Others
-
18.2 Oceania Personal Gadget Insurance Market by Type (USD Million) [2020-2025]
- 18.2.1 Mobile Insurance
- 18.2.2 Laptop Insurance
- 18.2.3 Wearable Insurance
- 18.2.4 Tablet Insurance
- 18.2.5 Camera Insurance
-
18.3 Oceania Personal Gadget Insurance Market by Application (USD Million) [2020-2025]
- 18.3.1 Theft
- 18.3.2 Accidental Damage
- 18.3.3 Liquid Damage
- 18.3.4 Loss Protection
- 18.3.5 Extended Warranty
- 18.4 Oceania Personal Gadget Insurance Market by Country (USD Million) [2026-2033]
- 18.5 Oceania Personal Gadget Insurance Market by Type (USD Million) [2026-2033]
- 18.6 Oceania Personal Gadget Insurance Market by Application (USD Million) [2026-2033]
Chapter 19 : MEA Personal Gadget Insurance Market Breakdown by Country, Type & Application
- 19.1 MEA Personal Gadget Insurance Market by Country (USD Million) [2020-2025]
- 19.1.1 Turkey
- 19.1.2 South Africa
- 19.1.3 Egypt
- 19.1.4 UAE
- 19.1.5 Saudi Arabia
- 19.1.6 Israel
- 19.1.7 Rest of MEA
-
19.2 MEA Personal Gadget Insurance Market by Type (USD Million) [2020-2025]
- 19.2.1 Mobile Insurance
- 19.2.2 Laptop Insurance
- 19.2.3 Wearable Insurance
- 19.2.4 Tablet Insurance
- 19.2.5 Camera Insurance
-
19.3 MEA Personal Gadget Insurance Market by Application (USD Million) [2020-2025]
- 19.3.1 Theft
- 19.3.2 Accidental Damage
- 19.3.3 Liquid Damage
- 19.3.4 Loss Protection
- 19.3.5 Extended Warranty
- 19.4 MEA Personal Gadget Insurance Market by Country (USD Million) [2026-2033]
- 19.5 MEA Personal Gadget Insurance Market by Type (USD Million) [2026-2033]
- 19.6 MEA Personal Gadget Insurance Market by Application (USD Million) [2026-2033]
Chapter 20: Research Findings & Conclusion
- 20.1 Key Findings
- 20.2 Conclusion
Chapter 21: Methodology and Data Source
-
21.1 Research Methodology & Approach
- 21.1.1 Research Program/Design
- 21.1.2 Market Size Estimation
- 21.1.3 Market Breakdown and Data Triangulation
-
21.2 Data Source
- 21.2.1 Secondary Sources
- 21.2.2 Primary Sources
Chapter 22: Appendix & Disclaimer
- 22.1 Acronyms & bibliography
- 22.2 Disclaimer
Frequently Asked Questions (FAQ):
The Personal Gadget Insurance Market is growing at a steady pace over the last few years and is expected to grow at a CAGR of 15.80% from 2025 to 2033 to reach a market size of 15.80% USD 25.5 Billion
The Personal Gadget Insurance Market is growing at a CAGR of 15.80% over the forecasted period 2025 - 2033.
Some of the prominent trends that are influencing and driving the growth of Global Personal Gadget Insurance Market are Instant Digital Claims Processing,bundled Insurance With Device Sales,usage-based Premiums,mobile App Claim Management,coverage For Refurbished Gadgets
The leaders in the Global Personal Gadget Insurance Market such as AppleCare (USA),Samsung Care+ (South Korea),SquareTrade (USA),Asurion (USA),AKKO (USA),Worth Ave Group (USA),Geek Squad Protection (USA),CPP Group (UK),Allianz Global Assistance (Germany),Chubb Insurance (USA),Lemonade (USA),Protect Your Bubble (USA),Bolttech (Singapore),Safeware (USA),Gadget Cover (UK) are targeting innovative and differentiated growth drivers some of them are Increasing Reliance On Smartphones And Electronics,rising Repair Costs,growth Of Remote Work And Device Usage,theft And Accidental Damage Risks,rising Digital Consumer Awareness
Business transformation in Personal Gadget Insurance Market has taken hold due to the confluence of several important triggers, some of them are Complex Claim Processes,low Consumer Awareness In Developing Regions,fraud Risks,lack Of Standardization In Policies,customer Retention Challenges.
Some of the opportunities that Analyst at HTF MI have identified in Personal Gadget Insurance Market are:
- Partnership With OEMs And Retailers
- microinsurance Models
- AI-based Risk Assessment
- integration With Fintech Platforms
- expanding Into New Device Categories
AppleCare (USA),Samsung Care+ (South Korea),SquareTrade (USA),Asurion (USA),AKKO (USA),Worth Ave Group (USA),Geek Squad Protection (USA),CPP Group (UK),Allianz Global Assistance (Germany),Chubb Insurance (USA),Lemonade (USA),Protect Your Bubble (USA),Bolttech (Singapore),Safeware (USA),Gadget Cover (UK) etc are the main players listed in the Global Personal Gadget Insurance Market Study.
The Global Personal Gadget Insurance Market Study is Broken down by applications such as Theft,Accidental damage,Liquid damage,Loss protection,Extended warranty.
The Global Personal Gadget Insurance Market Study is segmented by Mobile Insurance,Laptop Insurance,Wearable Insurance,Tablet Insurance,Camera Insurance.
The Global Personal Gadget Insurance Market Study includes regional breakdown as North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA
Historical Year: 2020 - Base year: 2025. Forecast period**: 2025 to 2033 [** unless otherwise stated]
Personal gadget insurance provides coverage for accidental damage, theft, loss, and technical malfunction of digital devices such as smartphones, laptops, tablets, and smartwatches. As devices become more expensive and essential, demand for financial protection increases. This market includes direct-to-consumer offerings, embedded coverage from retailers, and extended warranty plans. It benefits from digital claims management, mobile apps, and partnerships with OEMs. Challenges include fraud, unclear policy terms, and uneven awareness across markets. However, rapid digitization, remote work, and e-commerce growth are key catalysts.
