The number of cellphone insurance policies is predicted to exceed 860 million worldwide by 2030. There were 373 million policies for cellphone coverage in 2022 and the number is expected to more than double by 2030, according to Next Move Strategic Consulting.
Number of mobile phone insurance policies globally in 2022, with forecasts from 2023 to 2030
(in millions)
Characteristic
Policies in millions
2030
865.46
2029
768.61
2028
685.65
2027
613.28
2026
550.03
2025
495.52
2024
448.44
2023
408.04
2022
373.66
Created with Highcharts 7.2.2Policies in millions373.66373.66408.04408.04448.44448.44495.52495.52550.03550.03613.28613.28685.65685.65768.61768.61865.46865.46202220232024202520262027202820292030
02004006008001,000
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Next Move Strategy Consulting. (May 1, 2023). Number of mobile phone insurance policies globally in 2022, with forecasts from 2023 to 2030 (in millions) [Graph]. In Statista. Retrieved April 01, 2025, from https://www.statista.com/statistics/1404487/global-mobile-phone-insurance-policies/
Next Move Strategy Consulting. "Number of mobile phone insurance policies globally in 2022, with forecasts from 2023 to 2030 (in millions)." Chart. May 1, 2023. Statista. Accessed April 01, 2025. https://www.statista.com/statistics/1404487/global-mobile-phone-insurance-policies/
Next Move Strategy Consulting. (2023). Number of mobile phone insurance policies globally in 2022, with forecasts from 2023 to 2030 (in millions). Statista. Statista Inc.. Accessed: April 01, 2025. https://www.statista.com/statistics/1404487/global-mobile-phone-insurance-policies/
Next Move Strategy Consulting. "Number of Mobile Phone Insurance Policies Globally in 2022, with Forecasts from 2023 to 2030 (in Millions)." Statista, Statista Inc., 1 May 2023, https://www.statista.com/statistics/1404487/global-mobile-phone-insurance-policies/
Next Move Strategy Consulting, Number of mobile phone insurance policies globally in 2022, with forecasts from 2023 to 2030 (in millions) Statista, https://www.statista.com/statistics/1404487/global-mobile-phone-insurance-policies/ (last visited April 01, 2025)
Number of mobile phone insurance policies globally in 2022, with forecasts from 2023 to 2030 (in millions) [Graph], Next Move Strategy Consulting, May 1, 2023. [Online]. Available: https://www.statista.com/statistics/1404487/global-mobile-phone-insurance-policies/
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