Extended warranty Market to Reach $284.7 billion, Globally, by 2032 at 8.4% CAGR: Allied Market Research
Based on the distribution channel, the manufacturers segment held the highest market share in 2022, accounting for around half of the global extended warranty market revenue .
- Based on the distribution channel, the manufacturers segment held the highest market share in 2022, accounting for around half of the global extended warranty market revenue .
- In addition, retailers provide claim handling and administrative services to their customers, which accelerate the growth of retailers in the extended warranty market.
- Based on application, the automobiles segment held the highest market share in 2022, accounting for nearly one-third of the global extended warranty market revenue.
- Based on end user, the individuals segment held the highest market share in 2022, accounting for nearly two-thirds of the global extended warranty market revenue.