Extended Warranty Agreement Market
Extended Warranty Agreement Market Scope:
Industry Analysis, Market Size, Growth, Trends Till
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Extended
Warranty Agreement Market Size and Growth
The Extended Warranty Agreement market is projected to experience substantial growth, driven by increasing consumer awareness and demand for protection plans. The global market size is estimated to reach approximately $75 billion by 2025, with a CAGR of 8%. Market conditions reflect heightened competition and technological advancements enhancing service offerings.
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Companies Covered
(Covid 19 Impact Covered)
◍ Asurion
◍ American International Group (AIG)
◍ Assurant
◍ Allstate (SquareTrade)
◍ Amtrust
◍ American Home Shield
◍ Ally Financial
◍ Allianz Global Assistance
The Extended Warranty Agreement Market features companies like Asurion and AIG, enhancing consumer protection through various warranty solutions. These firms drive market growth by expanding services, improving customer support, and leveraging technology.
Noteworthy revenue figures include Assurant ($10.7B), Allstate ($44B), and Amtrust ($2.0B), reflecting strong industry demand.
◍ Automobile Protection Corporation (APCO)
◍ Endurance Warranty Services
◍ CarShield
◍ CARCHEX
◍ Corporate Warranties India
Market Segmentation
By Application
Automobile
Consumer Electronics
Home Appliances
Others
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By Product
Standard Protection Plan
Accidental Protection Plan
Market Growth
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$ 30.59 Billion
