Warranty Management System Market to Reflect Impressive Growth Rate of 14.0% by 2023 | Global Key Vendors – IBM, Oracle, Pegasystems, PTC, SAP SE, Stea International, Infosys

Marketprognosis.com Publish a New Market Research Report On “Global Warranty Management System Market 2018 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Warranty Management System Market:

The Global Warranty Management System Market is expected to grow at a CAGR of over 14% during the forecast period (2018-2023).

The market is increasing at significant momentum across the world, thanks to the emergence of new technologies, and rising competition in automotive and manufacturing industries that has stimulated the world population to automate their warranty claim management processes. Also, the technology vendors entering this market to fulfill the nature of specific demands that have increased the popularity of warranty management systems.

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Warranty management refers to the effective creation as well as the execution of warranties for the different businesses. Though this kind of work is majorly carried out by product manufacturing organizations, any other company wanting to offer warranties might show an interest in these services provided by warranty management professionals. Warranty management systems efficiently automate the warranty management process including, warranty coverage, administrating campaigns, contract management, warranty tracking, and supplier cost recovery.

The proliferation of Connected/Smart devices and sensors that comprise of Internet of Things (IoT), as well as the amounts of metadata generated by different machine-to-machine (M2M) communications networks will offer manufacturers a new level of insight needed to intelligently update the warranty claims process and deliver a seamless customer experience. Moreover, the in the recent few months the revenue leakages because of the use of unstructured files, paper documents, and singular systems, service contract software is expected to gain traction which help to create more demand all around the globe.

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The North America region is projected to have the largest growth in demand, during the forecast period (2018-2023), which provides a suitable environment for startups and SMEs, in terms of government regulations and compliance. Owing to this, enterprises are growing rapidly in the North America region and have a heavy demand for warranty management system market in order to enhance the product quality and customer satisfaction in this region. Therefore, the North American region is to have the highest market share in the warranty management system market.

Major Key Players:

1 IBM Corporation

2 Oracle Corporation

3 Pegasystems Inc.

4 PTC Inc.

5 SAP SE

6 stea International, Inc.

7 Industrial and Financial Systems (IFS) AB

8 Infosys Limited

9 Tavant Technologies, Inc. and More…………………

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Warranty Management System Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Market Insights

5 Market Dynamics

6 Technology Snapshot

7 Global Warranty Management System Market

8 Competitive Intelligence - Company Profiles

9 Investment Analysis

10 Future of Global Warranty Management System Market

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