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Frequently Asked Questions
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What value is the global extended warranty service market expected to touch by 2033?
The global extended warranty service market size was valued at approximately USD 124.86 billion in 2024 and is expected to reach USD 282.2 billion by 2033.
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What CAGR is the extended warranty service market expected to exhibit during 2025-2033?
The extended warranty service market is expected to exhibit a CAGR of 9.48% over 2025-2033.
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Which are the driving factors of the extended warranty service market?
Increasing demand for warranty extensions to reduce maintenance costs are the driving factor of the extended warranty service market.
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Which are the top companies operating in the extended warranty service market?
AIG, Asurion, Domestic & General, Allstate (SquareTrade), Allianz, and Fortegra are the top operating companies in the extended warranty service market.