Tag: Extended Warranty Market

The global extended warranty market size is on a trajectory of substantial growth, reaching a value of approximately USD 128.74 billion in 2023. With the forecast period of 2024-2032 indicating a compound annual growth rate (CAGR) of 7%, the market is expected to soar to nearly USD 237.52 billion by 2032. This growth is fueled by several factors, including increasing consumer awareness, technological advancements, and the rising demand for extended protection on various products. In this blog post, we will delve into the market overview, size and share, trends, industry…