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)