Global Extended Warranty Service for Consumer Electronics Market Growth (Status and Outlook) 2025-2031

The global Extended Warranty Service for Consumer Electronics market size is predicted to grow from US$ 57180 million in 2025 to US$ 81960 million in 2031; it is expected to grow at a CAGR of 6.2% from 2025 to 2031.

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.

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.

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 2024, providing a comprehensive analysis by region and market sector of projected Extended Warranty Service for Consumer Electronics sales for 2025 through 2031. 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 analyses 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.

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.

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.