Extended Warranty Market in US 2024-2028

Extended Warranty Market In US 2024-2028


The extended warranty market in us is forecasted to grow by USD 5848.1 mn during 2023-2028, accelerating at a CAGR of 2.2% during the forecast period. The report on the extended warranty market in us provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high demand for household appliances, high demand for extended warranty from automobile industry, and uncertain catastrophic events leading to increased need for extended warranty.

Technavio's extended warranty market in us is segmented as below:
  • By Device
  • Automobile
  • Consumer electronics
  • Home appliances
  • Mobile devices and PCs
  • Others
  • By End-user
  • Businesses
  • Individuals
  • By Geographical Landscape
  • North America
This study identifies the expansion of service by vendors as one of the prime reasons driving the extended warranty market in us growth during the next few years. Also, integration of it and analytic solutions in extended warranty and emergence of digital marketing platforms will lead to sizable demand in the market.

The report on the extended warranty market in us covers the following areas:
  • Extended Warranty Market in US sizing
  • Extended Warranty Market in US forecast
  • Extended Warranty Market in US industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading extended warranty market in us vendors that include Allianz SE, American International Group Inc., AmTrust Financial Services Inc., Assurant Inc., Asurion LLC, AXA Group, Carchex LLC, Chubb Ltd., Endurance Warranty Services LLC, and The Allstate Corp.. Also, the extended warranty market in us analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Device
Executive Summary - Chart on Market Segmentation by End-user
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ million)
Data Table on US - Market size and forecast 2023-2028 ($ million)
Chart on US: Year-over-year growth 2023-2028 (%)
Data Table on US: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Extended Warranty Market in US 2018 - 2022
Historic Market Size - Data Table on Extended Warranty Market in US 2018 - 2022 ($ million)
4.2 Device segment analysis 2018 - 2022
Historic Market Size - Device Segment 2018 - 2022 ($ million)
4.3 End-user segment analysis 2018 - 2022
Historic Market Size - End-user Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Device
6.1 Market segments
Chart on Device - Market share 2023-2028 (%)
Data Table on Device - Market share 2023-2028 (%)
6.2 Comparison by Device
Chart on Comparison by Device
Data Table on Comparison by Device
6.3 Automobile - Market size and forecast 2023-2028
Chart on Automobile - Market size and forecast 2023-2028 ($ million)
Data Table on Automobile - Market size and forecast 2023-2028 ($ million)
Chart on Automobile - Year-over-year growth 2023-2028 (%)
Data Table on Automobile - Year-over-year growth 2023-2028 (%)
6.4 Consumer electronics - Market size and forecast 2023-2028
Chart on Consumer electronics - Market size and forecast 2023-2028 ($ million)
Data Table on Consumer electronics - Market size and forecast 2023-2028 ($ million)
Chart on Consumer electronics - Year-over-year growth 2023-2028 (%)
Data Table on Consumer electronics - Year-over-year growth 2023-2028 (%)
6.5 Home appliances - Market size and forecast 2023-2028
Chart on Home appliances - Market size and forecast 2023-2028 ($ million)
Data Table on Home appliances - Market size and forecast 2023-2028 ($ million)
Chart on Home appliances - Year-over-year growth 2023-2028 (%)
Data Table on Home appliances - Year-over-year growth 2023-2028 (%)
6.6 Mobile devices and PCs - Market size and forecast 2023-2028
Chart on Mobile devices and PCs - Market size and forecast 2023-2028 ($ million)
Data Table on Mobile devices and PCs - Market size and forecast 2023-2028 ($ million)
Chart on Mobile devices and PCs - Year-over-year growth 2023-2028 (%)
Data Table on Mobile devices and PCs - Year-over-year growth 2023-2028 (%)
6.7 Others - Market size and forecast 2023-2028
Chart on Others - Market size and forecast 2023-2028 ($ million)
Data Table on Others - Market size and forecast 2023-2028 ($ million)
Chart on Others - Year-over-year growth 2023-2028 (%)
Data Table on Others - Year-over-year growth 2023-2028 (%)
6.8 Market opportunity by Device
Market opportunity by Device ($ million)
Data Table on Market opportunity by Device ($ million)
7 Market Segmentation by End-user
7.1 Market segments
Chart on End-user - Market share 2023-2028 (%)
Data Table on End-user - Market share 2023-2028 (%)
7.2 Comparison by End-user
Chart on Comparison by End-user
Data Table on Comparison by End-user
7.3 Businesses - Market size and forecast 2023-2028
Chart on Businesses - Market size and forecast 2023-2028 ($ million)
Data Table on Businesses - Market size and forecast 2023-2028 ($ million)
Chart on Businesses - Year-over-year growth 2023-2028 (%)
Data Table on Businesses - Year-over-year growth 2023-2028 (%)
7.4 Individuals - Market size and forecast 2023-2028
Chart on Individuals - Market size and forecast 2023-2028 ($ million)
Data Table on Individuals - Market size and forecast 2023-2028 ($ million)
Chart on Individuals - Year-over-year growth 2023-2028 (%)
Data Table on Individuals - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by End-user
Market opportunity by End-user ($ million)
Data Table on Market opportunity by End-user ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 Allianz SE
Allianz SE - Overview
Allianz SE - Business segments
Allianz SE - Key news
Allianz SE - Key offerings
Allianz SE - Segment focus
11.4 American International Group Inc.
American International Group Inc. - Overview
American International Group Inc. - Business segments
American International Group Inc. - Key news
American International Group Inc. - Key offerings
American International Group Inc. - Segment focus
11.5 AmTrust Financial Services Inc.
AmTrust Financial Services Inc. - Overview
AmTrust Financial Services Inc. - Product / Service
AmTrust Financial Services Inc. - Key offerings
11.6 Assurant Inc.
Assurant Inc. - Overview
Assurant Inc. - Business segments
Assurant Inc. - Key offerings
Assurant Inc. - Segment focus
11.7 Asurion LLC
Asurion LLC - Overview
Asurion LLC - Product / Service
Asurion LLC - Key offerings
11.8 AXA Group
AXA Group - Overview
AXA Group - Business segments
AXA Group - Key news
AXA Group - Key offerings
AXA Group - Segment focus
11.9 Carchex LLC
Carchex LLC - Overview
Carchex LLC - Product / Service
Carchex LLC - Key offerings
11.10 Chubb Ltd.
Chubb Ltd. - Overview
Chubb Ltd. - Business segments
Chubb Ltd. - Key news
Chubb Ltd. - Key offerings
Chubb Ltd. - Segment focus
11.11 Endurance Warranty Services LLC
Endurance Warranty Services LLC - Overview
Endurance Warranty Services LLC - Product / Service
Endurance Warranty Services LLC - Key offerings
11.12 The Allstate Corp.
The Allstate Corp. - Overview
The Allstate Corp. - Business segments
The Allstate Corp. - Key offerings
The Allstate Corp. - Segment focus
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Country Market Characteristics
Exhibits4: Executive Summary - Chart on Market Segmentation by Device
Exhibits5: Executive Summary - Chart on Market Segmentation by End-user
Exhibits6: Executive Summary - Chart on Company Market Positioning
Exhibits7: Parent Market
Exhibits8: Data Table on - Parent Market
Exhibits9: Market characteristics analysis
Exhibits10: Value Chain Analysis
Exhibits11: Offerings of companies included in the market definition
Exhibits12: Market segments
Exhibits13: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits14: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits15: Chart on US: Year-over-year growth 2023-2028 (%)
Exhibits16: Data Table on US: Year-over-year growth 2023-2028 (%)
Exhibits17: Historic Market Size - Data Table on Extended Warranty Market in US 2018 - 2022 ($ million)
Exhibits18: Historic Market Size - Device Segment 2018 - 2022 ($ million)
Exhibits19: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
Exhibits20: Five forces analysis - Comparison between 2023 and 2028
Exhibits21: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits26: Chart on Market condition - Five forces 2023 and 2028
Exhibits27: Chart on Device - Market share 2023-2028 (%)
Exhibits28: Data Table on Device - Market share 2023-2028 (%)
Exhibits29: Chart on Comparison by Device
Exhibits30: Data Table on Comparison by Device
Exhibits31: Chart on Automobile - Market size and forecast 2023-2028 ($ million)
Exhibits32: Data Table on Automobile - Market size and forecast 2023-2028 ($ million)
Exhibits33: Chart on Automobile - Year-over-year growth 2023-2028 (%)
Exhibits34: Data Table on Automobile - Year-over-year growth 2023-2028 (%)
Exhibits35: Chart on Consumer electronics - Market size and forecast 2023-2028 ($ million)
Exhibits36: Data Table on Consumer electronics - Market size and forecast 2023-2028 ($ million)
Exhibits37: Chart on Consumer electronics - Year-over-year growth 2023-2028 (%)
Exhibits38: Data Table on Consumer electronics - Year-over-year growth 2023-2028 (%)
Exhibits39: Chart on Home appliances - Market size and forecast 2023-2028 ($ million)
Exhibits40: Data Table on Home appliances - Market size and forecast 2023-2028 ($ million)
Exhibits41: Chart on Home appliances - Year-over-year growth 2023-2028 (%)
Exhibits42: Data Table on Home appliances - Year-over-year growth 2023-2028 (%)
Exhibits43: Chart on Mobile devices and PCs - Market size and forecast 2023-2028 ($ million)
Exhibits44: Data Table on Mobile devices and PCs - Market size and forecast 2023-2028 ($ million)
Exhibits45: Chart on Mobile devices and PCs - Year-over-year growth 2023-2028 (%)
Exhibits46: Data Table on Mobile devices and PCs - Year-over-year growth 2023-2028 (%)
Exhibits47: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibits48: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibits49: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits50: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits51: Market opportunity by Device ($ million)
Exhibits52: Data Table on Market opportunity by Device ($ million)
Exhibits53: Chart on End-user - Market share 2023-2028 (%)
Exhibits54: Data Table on End-user - Market share 2023-2028 (%)
Exhibits55: Chart on Comparison by End-user
Exhibits56: Data Table on Comparison by End-user
Exhibits57: Chart on Businesses - Market size and forecast 2023-2028 ($ million)
Exhibits58: Data Table on Businesses - Market size and forecast 2023-2028 ($ million)
Exhibits59: Chart on Businesses - Year-over-year growth 2023-2028 (%)
Exhibits60: Data Table on Businesses - Year-over-year growth 2023-2028 (%)
Exhibits61: Chart on Individuals - Market size and forecast 2023-2028 ($ million)
Exhibits62: Data Table on Individuals - Market size and forecast 2023-2028 ($ million)
Exhibits63: Chart on Individuals - Year-over-year growth 2023-2028 (%)
Exhibits64: Data Table on Individuals - Year-over-year growth 2023-2028 (%)
Exhibits65: Market opportunity by End-user ($ million)
Exhibits66: Data Table on Market opportunity by End-user ($ million)
Exhibits67: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits68: Impact of drivers and challenges in 2023 and 2028
Exhibits69: Overview on criticality of inputs and factors of differentiation
Exhibits70: Overview on factors of disruption
Exhibits71: Impact of key risks on business
Exhibits72: Companies covered
Exhibits73: Matrix on companies position and classification
Exhibits74: Allianz SE - Overview
Exhibits75: Allianz SE - Business segments
Exhibits76: Allianz SE - Key news
Exhibits77: Allianz SE - Key offerings
Exhibits78: Allianz SE - Segment focus
Exhibits79: American International Group Inc. - Overview
Exhibits80: American International Group Inc. - Business segments
Exhibits81: American International Group Inc. - Key news
Exhibits82: American International Group Inc. - Key offerings
Exhibits83: American International Group Inc. - Segment focus
Exhibits84: AmTrust Financial Services Inc. - Overview
Exhibits85: AmTrust Financial Services Inc. - Product / Service
Exhibits86: AmTrust Financial Services Inc. - Key offerings
Exhibits87: Assurant Inc. - Overview
Exhibits88: Assurant Inc. - Business segments
Exhibits89: Assurant Inc. - Key offerings
Exhibits90: Assurant Inc. - Segment focus
Exhibits91: Asurion LLC - Overview
Exhibits92: Asurion LLC - Product / Service
Exhibits93: Asurion LLC - Key offerings
Exhibits94: AXA Group - Overview
Exhibits95: AXA Group - Business segments
Exhibits96: AXA Group - Key news
Exhibits97: AXA Group - Key offerings
Exhibits98: AXA Group - Segment focus
Exhibits99: Carchex LLC - Overview
Exhibits100: Carchex LLC - Product / Service
Exhibits101: Carchex LLC - Key offerings
Exhibits102: Chubb Ltd. - Overview
Exhibits103: Chubb Ltd. - Business segments
Exhibits104: Chubb Ltd. - Key news
Exhibits105: Chubb Ltd. - Key offerings
Exhibits106: Chubb Ltd. - Segment focus
Exhibits107: Endurance Warranty Services LLC - Overview
Exhibits108: Endurance Warranty Services LLC - Product / Service
Exhibits109: Endurance Warranty Services LLC - Key offerings
Exhibits110: The Allstate Corp. - Overview
Exhibits111: The Allstate Corp. - Business segments
Exhibits112: The Allstate Corp. - Key offerings
Exhibits113: The Allstate Corp. - Segment focus
Exhibits114: Inclusions checklist
Exhibits115: Exclusions checklist
Exhibits116: Currency conversion rates for US$
Exhibits117: Research methodology
Exhibits118: Information sources
Exhibits119: Data validation
Exhibits120: Validation techniques employed for market sizing
Exhibits121: Data synthesis
Exhibits122: 360 degree market analysis
Exhibits123: List of abbreviations

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