Global Extended Warranty Service for Consumer Electronics Market Growth (Status and Outlook) 2023-2029

Global Extended Warranty Service for Consumer Electronics Market Growth (Status and Outlook) 2023-2029

Extended Warranty refers to any extension of manufacturer's warranty offered at the point of sale of products. It is also known as service contract/ agreement and the cover only commences on completion of the original warranty.
LPI (LP Information)' newest research report, the “Extended Warranty Service for Consumer Electronics Industry Forecast” looks at past sales and reviews total world Extended Warranty Service for Consumer Electronics sales in 2022, providing a comprehensive analysis by region and market sector of projected Extended Warranty Service for Consumer Electronics sales for 2023 through 2029. With Extended Warranty Service for Consumer Electronics sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Extended Warranty Service for Consumer Electronics industry.
This Insight Report provides a comprehensive analysis of the global Extended Warranty Service for Consumer Electronics landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Extended Warranty Service for Consumer Electronics portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Extended Warranty Service for Consumer Electronics market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Extended Warranty Service for Consumer Electronics and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Extended Warranty Service for Consumer Electronics.
The global Extended Warranty Service for Consumer Electronics market size is projected to grow from US$ 51240 million in 2022 to US$ 77990 million in 2029; it is expected to grow at a CAGR of 6.2% from 2023 to 2029.
Global core extended warranty service for consumer electronics manufactures include Asurion, AIG, Allstate (Squaretrade) etc. The largest company hold a share about 10%. North America is the largest market, with a share about 43%, followed by Europe and Asia-Pacific with the share about 33% and 20%. In terms of product, standard protection plan is the largest segment, with a share over 80%. And in terms of application, the largest application is mobile phones, followed by laptops and PCs and wearables.
This report presents a comprehensive overview, market shares, and growth opportunities of Extended Warranty Service for Consumer Electronics market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Standard Protection Plan
Accidental Protection Plan
Segmentation by application
Laptops and PCs
Mobile Phones
Wearables
VR Gaming
Tablets
Gaming
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Asurion
AIG
Allstate (Squaretrade)
Assurant
Zurich
Chubb
Amtrust
Allianz
AXA
Aviva
CNA Financial (CCC)
Likewize (formerly Brightstar)

Please note: The report will take approximately 2 business days to prepare and deliver.