Press release
Extended Warranty Market Size is Expected to Reach US$ 182.3 Billion by 2027 | Globally, CAGR of 6.70% | Top Companies Allianz SE, American International Group Inc, AmTrust Financial, Assurant Inc.
Extended Warranty Market Report Overview :According to IMARC Group's latest report, titled "Extended Warranty Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on the market statistics. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
How big is the extended warranty market?
A Closer Look at the Extended Warranty Market Size | 2022
The global extended warranty market reached a value of US$ 121.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 182.3 Billion by 2027 exhibiting a CAGR of 6.70% during 2022-2027.
Get a Free Sample Copy of this Report: https://www.imarcgroup.com/extended-warranty-market/requestsample
Extended Warranty Market Insight:
An extended warranty, also known as a service contract, is a policy to extend the warranty period of consumer goods beyond the guarantee offered by the manufacturer. It is designed to cover the repair and maintenance of a product due to manufacturing defects or poor workmanship. It is provided by retailers, manufacturers, and third-party service providers and can cost extra or be sold separately to cover different issues than a warranty. In addition, it provides benefits such as unlimited repairs, minimal cost, flexible duration, comprehensive coverage, and customer satisfaction. Owing to these benefits, extended warranties are offered in several industrial verticals for consumer electronics, home appliances, automobiles, mobile devices, and personal computers.
Extended Warranty Market Current Trends & Future Predictions :
The market is primarily driven by growing concerns regarding the safety of electronic devices and vehicles after the original warranty expires. In addition, the escalating demand for extended warranty plans on account of several benefits, such as accidental damages, routine maintenance, thefts, cracked screens, liquid spillage, cost-effectiveness, and additional protection, is contributing to the market growth.
Moreover, the growing consumer inclination toward hassle-free post-sales experience, replacements, on-site services, and digitized extended warranty processes for quick claim settlements are accelerating the product adoption rate.
Besides this, the widespread adoption of high-end vehicles and consumer electronics like laptops, wearables, tablets, and smartphones represent another major growth-inducing factor.
Furthermore, the increasing disposable incomes and rising awareness regarding extended warranty policies among individuals are creating a positive market outlook across the globe.
Inquire Before Buying : https://www.imarcgroup.com/request?type=report&id=5197&flag=F
Global Extended Warranty Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Allianz SE, American International Group Inc, AmTrust Financial, Assurant Inc., Asurion LLC, Axa S.A., Carchex, CarShield LLC, Chubb Limited, Edel Assurance LLP, Endurance Warranty Services LLC, and SquareTrade Inc (The Allstate Corporation).
The report has segmented the market on the basis of region, coverage, application, distribution channel and end user.
Breakup by Coverage:
• Standard Protection Plan
• Accidental Protection Plan
Breakup by Application:
• Automobiles
• Consumer Electronics
• Home Appliances
• Mobile Devices and PCs
• Others
Breakup by Distribution Channel:
• Manufacturers
• Retailers
• Others
Breakup by End User:
• Individuals
• Business
Breakup by Region:
• North America
o United States
o Canada
• Asia-Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Others
• Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Others
• Latin America
o Brazil
o Mexico
o Others
• Middle East and Africa
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/extended-warranty-market
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Browse More Research Reports:
GDPR Services Market is Expected to Generate a Revenue of US$ 5.88 Billion by 2027 : https://www.linkedin.com/pulse/gdpr-services-market-expected-generate-revenue-uus-588-vikas-chauhan/
Sports Optic Market Size, Share, Growth Drivers, Future Trends | Forecast 2023-2028 : https://www.linkedin.com/pulse/sports-optic-market-size-share-growth-drivers-future-trends-chauhan/
Pneumatic Conveying System Market Size 2023-2028 : https://www.linkedin.com/pulse/pneumatic-conveying-system-market-size-2023-share-industry-chauhan/
Transparent Ceramics Market Size is Estimated to Reach US$ 1,484.50 Million by 2027 : https://www.linkedin.com/pulse/transparent-ceramics-market-size-estimated-reach-us-148450-chauhan/
Population Health Management Market Size is Projected to Attain a Market Value of US$ 163.3 Billion by 2027 : https://www.linkedin.com/pulse/population-health-management-market-size-projected-attain-chauhan/
IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Extended Warranty Market Size is Expected to Reach US$ 182.3 Billion by 2027 | Globally, CAGR of 6.70% | Top Companies Allianz SE, American International Group Inc, AmTrust Financial, Assurant Inc. here
News-ID: 2859212 • Views: …
More Releases from IMARC Group

Cashew Butter Manufacturing Plant Report 2025: Raw Materials, Investment Opportu …
Cashew butter is a creamy spread made by grinding roasted cashew nuts into a smooth paste, often enhanced with a pinch of salt or sweeteners. It is rich in healthy fats, protein, vitamins, and minerals, making it a nutritious alternative to traditional spreads like peanut butter. Cashew butter is widely used as a spread, in smoothies, baked goods, and health-focused recipes, gaining popularity among health-conscious consumers, vegans, and those seeking…

Calcium Chloride Anhydrous Production Cost Report 2025: Plant Setup Economics an …
Setting up a calcium chloride anhydrous production facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations.
IMARC Group's report titled "Calcium Chloride Anhydrous Production Cost Analysis Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a…

Paper Bag Manufacturing Plant Cost Report 2025: Layout, Machinery, Raw Materials …
Setting up a paper bag manufacturing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations.
IMARC Group's report titled "Paper Bag Manufacturing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a paper bag…

Bicycle Tyres Manufacturing Plant Report 2025: Industry Trends and Investment In …
Setting up a bicycle tyres manufacturing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations.
IMARC Group's report titled "Bicycle Tyres Manufacturing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a bicycle tyres…
More Releases for Warranty
Home Warranty Providers Market Dazzling Worldwide | Major Giants Fidelity Nation …
HTF MI just released the Global Home Warranty Providers Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major companies profiled in Home Warranty Providers Market are:
American Home…
Smart Choice Warranty Introduces an Innovative Warranty Plan Tailored for Conten …
Image: https://www.getnews.info/wp-content/uploads/2024/06/1719249097.png
The Electronic Device Plan offers comprehensive coverage for all electronic devices, empowering digital creators to focus on their craft.
Smart Choice Warranty, a top-rated provider of warranty services, is thrilled to announce the launch of its latest offering - an innovative and affordable warranty plan tailored specifically for social media content creators.
With a flat-rate monthly subscription of just $39.99, this new Electronic Devices Plan offers comprehensive coverage for all electronic…
Home Warranty Providers Market Analyzed By Top Companies Profiles, Available in …
The Home Warranty Providers research report combines vital data incorporating the competitive landscape, global, regional, and country-specific market size, market growth analysis, market share, recent developments, and market growth in segmentation. Furthermore, the Home Warranty Providers research report offers information and thoughtful facts like share, revenue, historical data, and global market share. It also highlights vital aspects like opportunities, driving, product scope, market overview, and driving force.
Download FREE Sample Report…
Home Warranty Service Market 2031: Protecting Your Investment: The Benefits of H …
Buying a home is a significant investment, and it's important to protect it. A home warranty service is a contract that provides coverage for the repair or replacement of specific home systems and appliances that may fail due to normal wear and tear. In this blog post, we will discuss what home warranty service is, what it covers, and how it can benefit homeowners.
The global home warranty service market…
Home Warranty Service Market 2031 "Protecting Your Home: The Growing Demand for …
The home warranty service market is an industry that provides coverage for home appliances and systems in the event of breakdowns or malfunctions. The market size of this industry has seen significant growth in recent years due to the increasing demand for cost-effective and convenient solutions for home repairs. The home warranty service industry is estimated to be worth billions of dollars, with projections indicating continued growth in the future.
The…
Home Warranty Provider Market Is Booming Worldwide With The Warranty Group, Land …
Latest business intelligence report released on Global Home Warranty Provider Market, covers different industry elements and growth inclinations that helps in predicting market forecast. The report allows complete assessment of current and future scenario scaling top to bottom investigation about the market size, % share of key and emerging segment, major development, and technological advancements. Also, the statistical survey elaborates detailed commentary on changing market dynamics that includes market growth…