Report overview
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.
This report aims to provide a comprehensive presentation of the global market for Extended Warranty Service for Consumer Electronics, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Extended Warranty Service for Consumer Electronics. This report contains market size and forecasts of Extended Warranty Service for Consumer Electronics in global, including the following market information:
Global Extended Warranty Service for Consumer Electronics Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Extended Warranty Service for Consumer Electronics market was valued at US$ 53900 million in 2022 and is projected to reach US$ 79470 million by 2029, at a CAGR of 5.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
We surveyed the Extended Warranty Service for Consumer Electronics companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Extended Warranty Service for Consumer Electronics Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Extended Warranty Service for Consumer Electronics Market Segment Percentages, by Type, 2022 (%)
Standard Protection Plan
Accidental Protection Plan
Global Extended Warranty Service for Consumer Electronics Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Extended Warranty Service for Consumer Electronics Market Segment Percentages, by Application, 2022 (%)
Laptops and PCs
Mobile Phones
Wearables
VR Gaming
Tablets
Gaming
Others
Global Extended Warranty Service for Consumer Electronics Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Extended Warranty Service for Consumer Electronics Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Extended Warranty Service for Consumer Electronics revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Extended Warranty Service for Consumer Electronics revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Asurion
AIG
Allstate (Squaretrade)
Assurant
Zurich
Chubb
Amtrust
Allianz
AXA
Aviva
CNA Financial (CCC)
Likewize (formerly Brightstar)
Outline of Major Chapters:
Chapter 1: Introduces the definition of Extended Warranty Service for Consumer Electronics, market overview.
Chapter 2: Global Extended Warranty Service for Consumer Electronics market size in revenue.
Chapter 3: Detailed analysis of Extended Warranty Service for Consumer Electronics company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Extended Warranty Service for Consumer Electronics in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
