UK Electronic Gadgets Insurance Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

UK Electronic Gadgets Insurance Market segmented by Coverage Type (Accidental damage, Theft and loss), Device Type (Laptops, Computers, Cameras, Mobile Devices, and Drones ), and End User (Corporate and Individual).

UK Electronic Gadgets Insurance Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

UK Electronic Gadgets Insurance Market Size

UK Electronic Gadgets Insurance Market Size
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2020 - 2023
CAGR 10.00 %
Market Concentration Medium

Major Players

UK Electronic Gadgets Insurance Market Major Players

*Disclaimer: Major Players sorted in no particular order

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UK Electronic Gadgets Insurance Market Analysis

The UK Electronic Gadgets Insurance Market is expected to register a CAGR of greater than 10% during the forecast period.

Due to lockdown restrictions in many areas in the UK during the COVID-19 outbreak, people were compelled to stay indoors and instructed to complete all their office work online. The working class and students were educated online, prompting them to acquire pricey equipment such as computers, mobile devices, and tablets to improve the quality of their experience, boosting the market growth.

Electronic Gadget insurance covers various gadgets' accidental damage, liquid or water damage, theft, burglary, and fire damage. This insurance covers cell phones, laptops, digital cameras, and other electronic devices. Furthermore, when a customer's gadget is stolen, damaged, or lost, insurance providers pay them. However, the amount varies by coverage. After depreciation, the client gets paid for the residual value in the case of total loss or theft. With the surge in the purchase of pricey devices like consumers purchasing Drones for agriculture and after applying for work from home in many firms during COVID-19 in the UK, gadget insurance businesses are seeing increased traction, with a quick increase in the number of policies offered, which is projected to drive the UK electronic gadget insurance industry forward shortly.

UK Electronic Gadgets Insurance Industry Overview

The report covers major players operating in the UK Electronic Gadgets Insurance Market, their product portfolio, key financials, and developments. The market is transforming with many technological advancements through product innovation and process automation. The key market players are focusing on improving their production capacity, which will help them to increase exports.

UK Electronic Gadgets Insurance Market Leaders

  1. Axa (Inter Partner Assistance SA)

  2. Aviva Insurance Ltd

  3. Assurant General Insurance Limited

  4. AmTrust Europe Limited

  5. American International Group UK Limited

  6. *Disclaimer: Major Players sorted in no particular order
Axa (Inter Partner Assistance SA), Aviva Insurance Ltd, Assurant General Insurance Limited, AmTrust Europe Limited, American International Group UK Limited
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UK Electronic Gadgets Insurance Market News

  • In 2022, 47 % of UK customers would consider buying a reconditioned item, and 9% have already done so, according to a large worldwide business services organization that supports, protects, and connects big consumer purchases. Assurant has unveiled its new Device Care Centre, which offers state-of-the-art repair techniques and technology to guarantee that mobile devices live as long as possible and sell well secondhand.
  • In 2019, AXA Partners tested a blockchain-based solution with the Swedish Public Employment Service (Arbetsförmedlingen) and the startup Stratumn to speed up and simplify payment protection in forced unemployment.

UK Electronic Gadgets Insurance Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS AND INSIGHTS

  • 4.1 Market Overview
  • 4.2 Market Drivers
  • 4.3 Market Restraints
  • 4.4 Insights on Various Regulatory Trends
  • 4.5 Insights on impact of technology and innovation
  • 4.6 Industry Attractiveness - Porters' Five Forces Analysis
    • 4.6.1 Threat of New Entrants
    • 4.6.2 Bargaining Power of Buyers
    • 4.6.3 Bargaining Power of Suppliers
    • 4.6.4 Threat of Substitutes
    • 4.6.5 Intensity of Competitive Rivalry
  • 4.7 Impact of COVID-19 on the Market

5. MARKET SEGMENTATION

  • 5.1 By Coverage Type
    • 5.1.1 Accidental Damage
    • 5.1.2 Theft and Loss
  • 5.2 By Device Type
    • 5.2.1 Laptops
    • 5.2.2 Computers
    • 5.2.3 Cameras
    • 5.2.4 Mobile Devices
    • 5.2.5 Drones
  • 5.3 By End Users
    • 5.3.1 Corporate
    • 5.3.2 Individual

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concetration Overview
  • 6.2 Company Profiles
    • 6.2.1 Axa (Inter Partner Assistance SA)
    • 6.2.2 Aviva Insurance Ltd
    • 6.2.3 Assurant General Insurance Limited
    • 6.2.4 AmTrust Europe Limited
    • 6.2.5 American International Group UK Limited
    • 6.2.6 Better Buy Insurance
    • 6.2.7 Acumen Insurance Services Ltd
    • 6.2.8 Pier Insurance Managed Services Limited
    • 6.2.9 EE Insurance
    • 6.2.10 ROCK Insurance Services Limited*
  • *List Not Exhaustive

7. MARKET OPPORTUNTIES AND FUTURE TRENDS

8. DISCLAIMER AND ABOUT US

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UK Electronic Gadgets Insurance Industry Segmentation

Electronic Gadget insurance covers various gadgets' accidental damage, liquid or water damage, theft, burglary, and fire damage. This insurance covers cell phones, laptops, digital cameras, and other electronic devices. Furthermore, when a customer's gadget is stolen, damaged, or lost, insurance providers pay them. However, the amount varies by coverage. UK Electronic Gadgets Insurance Market segmented by Coverage Type (Physical Damage, Electronic Damage, Data Protection, Virus Protection, and Theft Protection), Device Type (Laptops, Computers, Cameras, Mobile Devices, and Tablets), and End User (Corporate and Individual).

By Coverage Type Accidental Damage
Theft and Loss
By Device Type Laptops
Computers
Cameras
Mobile Devices
Drones
By End Users Corporate
Individual
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UK Electronic Gadgets Insurance Market Research FAQs

What is the current UK Electronic Gadgets Insurance Market size?

The UK Electronic Gadgets Insurance Market is projected to register a CAGR of greater than 10% during the forecast period (2025-2030)

Who are the key players in UK Electronic Gadgets Insurance Market?

Axa (Inter Partner Assistance SA), Aviva Insurance Ltd, Assurant General Insurance Limited, AmTrust Europe Limited and American International Group UK Limited are the major companies operating in the UK Electronic Gadgets Insurance Market.

What years does this UK Electronic Gadgets Insurance Market cover?

The report covers the UK Electronic Gadgets Insurance Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the UK Electronic Gadgets Insurance Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

UK Electronic Gadgets Insurance Industry Report

Statistics for the 2025 UK Electronic Gadgets Insurance market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. UK Electronic Gadgets Insurance analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.