Global and Japan Extended Warranty Service for Consumer Electronics Market Size, Status and Forecast 2021-2027
Summary:
Extended Warranty refers to any extension of manufacturer's warranty offered at the point of sale of products. It is also known as service contract/ agreement and the cover only commences on completion of the original warranty.
Global core extended warranty service for consumer electronics manufactures include Asurion, AIG, Allstate (Squaretrade) etc. The largest company hold a share about 10%. North America is the largest market, with a share about 43%, followed by Europe and Asia-Pacific with the share about 33% and 20%. In terms of product, standard protection plan is the largest segment, with a share over 80%. And in terms of application, the largest application is mobile phones, followed by laptops and PCs and wearables.
Market Snapshot
A recently published report by QY Research, titled “Global Extended Warranty Service for Consumer Electronics Market Size, Status and Forecast 2022” gives an overview of the overall Extended Warranty Service for Consumer Electronics market. This section sheds light on key impact-rendering drivers and constraints that are impacting the growth. It permits users to understand the different shortcomings and how they may hamper the development afterward. This segment is considered to be one of the most crucial segments of the report as it helps readers comprehend the impact of various macro and microeconomic factors on development. The role of various sectors, including small-scale and large-scale, in the expansion has also been discussed in the report. Additionally, the industry experts have put forth the current trends and prospects, which are likely to aid the growth in the upcoming years.
The global Extended Warranty Service for Consumer Electronics market size is projected to reach US$ 74350 million by 2027, from US$ 47980 million in 2020, at a CAGR of 6.0% during 2021-2027.
Impact of Covid-19 Outbreak
This section of the report has explored the overall status of the Covid scenario and has offered valuable insights into the changes in supply chain disruption, fluctuations in demand, etc. The analysts have also focused on the key measures that the companies are opting to withstand the harsh scenario.
Segmental Analysis
The report has been segmented into product and application segments. The researchers have documented all the products present today in the Extended Warranty Service for Consumer Electronics market. They have also shed light on the new product innovations and launches by the key players. In the segmental analysis, the analysts have provided revenue forecast figures based on type and application for the period 2016-2027. They have also discussed about the growth rate and potential of each segment for the period 2016-2027.
Extended Warranty Service for Consumer Electronics Breakdown Data by Type
Standard Protection Plan
Accidental Protection Plan
Extended Warranty Service for Consumer Electronics Breakdown Data by Application
Laptops and PCs
Mobile Phones
Wearables
VR Gaming
Tablets
Gaming
Others
Regional Analysis
The significant regions that are studied in the research report encompass North America, Europe, Asia Pacific, Central and South America, and the Middle East and Africa. In this section of the report, the specialists have explored various areas that are contributing to the development and can present lucrative growth prospects for the manufacturers in the forthcoming years. The report also provides region-wise and country-wise sales and revenue forecast data for the period 2021-2027.
Competitive Landscape
This segment focuses on the key players operating in the industry. It underlines all the current and future activities by the prominent manufacturers. By understanding various initiatives being taken up by different players, readers will gain the ability to settle on correct business choices. The authors of the report have provided accurate revenue figures of the companies for the period 2016-2021. The clients are sure to gain the upper hand once they get hold of this report. Key players studied in the research report include:
Asurion
AIG
Allstate (Squaretrade)
Assurant
Zurich
Chubb
Amtrust
Allianz
AXA
Aviva
CNA Financial (CCC)
Likewize (formerly Brightstar)
Frequently Asked Questions
What factors will challenge the Extended Warranty Service for Consumer Electronics market growth?
Which end-use segment will expand at the fastest CAGR in the Extended Warranty Service for Consumer Electronics market?
Which are the emerging players in the Extended Warranty Service for Consumer Electronics market?
How concentrated is the Extended Warranty Service for Consumer Electronics market?
Which factors are positively contributing to the Extended Warranty Service for Consumer Electronics market growth?
Which are the novel product innovations in the Extended Warranty Service for Consumer Electronics market?
Which product segment will emerge as the most lucrative in the Extended Warranty Service for Consumer Electronics market?
Which factors are increasing the competition in the Extended Warranty Service for Consumer Electronics market?
Which are the strategic measures taken by the Extended Warranty Service for Consumer Electronics industry players?
Which region will witness inactive growth during the forecast period?
Table of Contents
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Extended Warranty Service for Consumer Electronics Market Size Growth Rate by Type: 2016 VS 2021 VS 2027
1.2.2 Standard Protection Plan
1.2.3 Accidental Protection Plan
1.3 Market by Application
1.3.1 Global Extended Warranty Service for Consumer Electronics Market Share by Application: 2016 VS 2021 VS 2027
1.3.2 Laptops and PCs
1.3.3 Mobile Phones
1.3.4 Wearables
1.3.5 VR Gaming
1.3.6 Tablets
1.3.7 Gaming
1.3.8 Others
1.4 Study Objectives
1.5 Years Considered
2 Global Growth Trends
2.1 Global Extended Warranty Service for Consumer Electronics Market Perspective (2016-2027)
2.2 Extended Warranty Service for Consumer Electronics Growth Trends by Regions
2.2.1 Extended Warranty Service for Consumer Electronics Market Size by Regions: 2016 VS 2021 VS 2027
2.2.2 Extended Warranty Service for Consumer Electronics Historic Market Share by Regions (2016-2021)
2.2.3 Extended Warranty Service for Consumer Electronics Forecasted Market Size by Regions (2022-2027)
2.3 Extended Warranty Service for Consumer Electronics Industry Dynamic
2.3.1 Extended Warranty Service for Consumer Electronics Market Trends
2.3.2 Extended Warranty Service for Consumer Electronics Market Drivers
2.3.3 Extended Warranty Service for Consumer Electronics Market Challenges
2.3.4 Extended Warranty Service for Consumer Electronics Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Extended Warranty Service for Consumer Electronics Players by Revenue
3.1.1 Global Top Extended Warranty Service for Consumer Electronics Players by Revenue (2016-2021)
3.1.2 Global Extended Warranty Service for Consumer Electronics Revenue Market Share by Players (2016-2021)
3.2 Global Extended Warranty Service for Consumer Electronics Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.3 Players Covered: Ranking by Extended Warranty Service for Consumer Electronics Revenue
3.4 Global Extended Warranty Service for Consumer Electronics Market Concentration Ratio
3.4.1 Global Extended Warranty Service for Consumer Electronics Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Extended Warranty Service for Consumer Electronics Revenue in 2020
3.5 Extended Warranty Service for Consumer Electronics Key Players Head office and Area Served
3.6 Key Players Extended Warranty Service for Consumer Electronics Product Solution and Service
3.7 Date of Enter into Extended Warranty Service for Consumer Electronics Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Extended Warranty Service for Consumer Electronics Breakdown Data by Type
4.1 Global Extended Warranty Service for Consumer Electronics Historic Market Size by Type (2016-2021)
4.2 Global Extended Warranty Service for Consumer Electronics Forecasted Market Size by Type (2022-2027)
5 Extended Warranty Service for Consumer Electronics Breakdown Data by Application
5.1 Global Extended Warranty Service for Consumer Electronics Historic Market Size by Application (2016-2021)
5.2 Global Extended Warranty Service for Consumer Electronics Forecasted Market Size by Application (2022-2027)
6 North America
6.1 North America Extended Warranty Service for Consumer Electronics Market Size (2016-2027)
6.2 North America Extended Warranty Service for Consumer Electronics Market Size by Type
6.2.1 North America Extended Warranty Service for Consumer Electronics Market Size by Type (2016-2021)
6.2.2 North America Extended Warranty Service for Consumer Electronics Market Size by Type (2022-2027)
6.2.3 North America Extended Warranty Service for Consumer Electronics Market Size by Type (2016-2027)
6.3 North America Extended Warranty Service for Consumer Electronics Market Size by Application
6.3.1 North America Extended Warranty Service for Consumer Electronics Market Size by Application (2016-2021)
6.3.2 North America Extended Warranty Service for Consumer Electronics Market Size by Application (2022-2027)
6.3.3 North America Extended Warranty Service for Consumer Electronics Market Size by Application (2016-2027)
6.4 North America Extended Warranty Service for Consumer Electronics Market Size by Country
6.4.1 North America Extended Warranty Service for Consumer Electronics Market Size by Country (2016-2021)
6.4.2 North America Extended Warranty Service for Consumer Electronics Market Size by Country (2022-2027)
6.4.3 United States
6.4.4 Canada
7 Europe
7.1 Europe Extended Warranty Service for Consumer Electronics Market Size (2016-2027)
7.2 Europe Extended Warranty Service for Consumer Electronics Market Size by Type
7.2.1 Europe Extended Warranty Service for Consumer Electronics Market Size by Type (2016-2021)
7.2.2 Europe Extended Warranty Service for Consumer Electronics Market Size by Type (2022-2027)
7.2.3 Europe Extended Warranty Service for Consumer Electronics Market Size by Type (2016-2027)
7.3 Europe Extended Warranty Service for Consumer Electronics Market Size by Application
7.3.1 Europe Extended Warranty Service for Consumer Electronics Market Size by Application (2016-2021)
7.3.2 Europe Extended Warranty Service for Consumer Electronics Market Size by Application (2022-2027)
7.3.3 Europe Extended Warranty Service for Consumer Electronics Market Size by Application (2016-2027)
7.4 Europe Extended Warranty Service for Consumer Electronics Market Size by Country
7.4.1 Europe Extended Warranty Service for Consumer Electronics Market Size by Country (2016-2021)
7.4.2 Europe Extended Warranty Service for Consumer Electronics Market Size by Country (2022-2027)
7.4.3 Germany
7.4.4 France
7.4.5 U.K.
7.4.6 Italy
7.4.7 Russia
7.4.8 Nordic
8 Asia-Pacific
8.1 Asia-Pacific Extended Warranty Service for Consumer Electronics Market Size (2016-2027)
8.2 Asia-Pacific Extended Warranty Service for Consumer Electronics Market Size by Type
8.2.1 Asia-Pacific Extended Warranty Service for Consumer Electronics Market Size by Type (2016-2021)
8.2.2 Asia-Pacific Extended Warranty Service for Consumer Electronics Market Size by Type (2022-2027)
8.2.3 Asia-Pacific Extended Warranty Service for Consumer Electronics Market Size by Type (2016-2027)
8.3 Asia-Pacific Extended Warranty Service for Consumer Electronics Market Size by Application
8.3.1 Asia-Pacific Extended Warranty Service for Consumer Electronics Market Size by Application (2016-2021)
8.3.2 Asia-Pacific Extended Warranty Service for Consumer Electronics Market Size by Application (2022-2027)
8.3.3 Asia-Pacific Extended Warranty Service for Consumer Electronics Market Size by Application (2016-2027)
8.4 Asia-Pacific Extended Warranty Service for Consumer Electronics Market Size by Region
8.4.1 Asia-Pacific Extended Warranty Service for Consumer Electronics Market Size by Region (2016-2021)
8.4.2 Asia-Pacific Extended Warranty Service for Consumer Electronics Market Size by Region (2022-2027)
8.4.3 China
8.4.4 Japan
8.4.5 South Korea
8.4.6 Southeast Asia
8.4.7 India
8.4.8 Australia
9 Latin America
9.1 Latin America Extended Warranty Service for Consumer Electronics Market Size (2016-2027)
9.2 Latin America Extended Warranty Service for Consumer Electronics Market Size by Type
9.2.1 Latin America Extended Warranty Service for Consumer Electronics Market Size by Type (2016-2021)
9.2.2 Latin America Extended Warranty Service for Consumer Electronics Market Size by Type (2022-2027)
9.2.3 Latin America Extended Warranty Service for Consumer Electronics Market Size by Type (2016-2027)
9.3 Latin America Extended Warranty Service for Consumer Electronics Market Size by Application
9.3.1 Latin America Extended Warranty Service for Consumer Electronics Market Size by Application (2016-2021)
9.3.2 Latin America Extended Warranty Service for Consumer Electronics Market Size by Application (2022-2027)
9.3.3 Latin America Extended Warranty Service for Consumer Electronics Market Size by Application (2016-2027)
9.4 Latin America Extended Warranty Service for Consumer Electronics Market Size by Country
9.4.1 Latin America Extended Warranty Service for Consumer Electronics Market Size by Country (2016-2021)
9.4.2 Latin America Extended Warranty Service for Consumer Electronics Market Size by Country (2022-2027)
9.4.3 Mexico
9.4.4 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Extended Warranty Service for Consumer Electronics Market Size (2016-2027)
10.2 Middle East & Africa Extended Warranty Service for Consumer Electronics Market Size by Type
10.2.1 Middle East & Africa Extended Warranty Service for Consumer Electronics Market Size by Type (2016-2021)
10.2.2 Middle East & Africa Extended Warranty Service for Consumer Electronics Market Size by Type (2022-2027)
10.2.3 Middle East & Africa Extended Warranty Service for Consumer Electronics Market Size by Type (2016-2027)
10.3 Middle East & Africa Extended Warranty Service for Consumer Electronics Market Size by Application
10.3.1 Middle East & Africa Extended Warranty Service for Consumer Electronics Market Size by Application (2016-2021)
10.3.2 Middle East & Africa Extended Warranty Service for Consumer Electronics Market Size by Application (2022-2027)
10.3.3 Middle East & Africa Extended Warranty Service for Consumer Electronics Market Size by Application (2016-2027)
10.4 Middle East & Africa Extended Warranty Service for Consumer Electronics Market Size by Country
10.4.1 Middle East & Africa Extended Warranty Service for Consumer Electronics Market Size by Country (2016-2021)
10.4.2 Middle East & Africa Extended Warranty Service for Consumer Electronics Market Size by Country (2022-2027)
10.4.3 Turkey
10.4.4 Saudi Arabia
10.4.5 UAE
11 Key Players Profiles
11.1 Asurion
11.1.1 Asurion Company Details
11.1.2 Asurion Business Overview
11.1.3 Asurion Extended Warranty Service for Consumer Electronics Introduction
11.1.4 Asurion Revenue in Extended Warranty Service for Consumer Electronics Business (2016-2021)
11.1.5 Asurion Recent Development
11.2 AIG
11.2.1 AIG Company Details
11.2.2 AIG Business Overview
11.2.3 AIG Extended Warranty Service for Consumer Electronics Introduction
11.2.4 AIG Revenue in Extended Warranty Service for Consumer Electronics Business (2016-2021)
11.2.5 AIG Recent Development
11.3 Allstate (Squaretrade)
11.3.1 Allstate (Squaretrade) Company Details
11.3.2 Allstate (Squaretrade) Business Overview
11.3.3 Allstate (Squaretrade) Extended Warranty Service for Consumer Electronics Introduction
11.3.4 Allstate (Squaretrade) Revenue in Extended Warranty Service for Consumer Electronics Business (2016-2021)
11.3.5 Allstate (Squaretrade) Recent Development
11.4 Assurant
11.4.1 Assurant Company Details
11.4.2 Assurant Business Overview
11.4.3 Assurant Extended Warranty Service for Consumer Electronics Introduction
11.4.4 Assurant Revenue in Extended Warranty Service for Consumer Electronics Business (2016-2021)
11.4.5 Assurant Recent Development
11.5 Zurich
11.5.1 Zurich Company Details
11.5.2 Zurich Business Overview
11.5.3 Zurich Extended Warranty Service for Consumer Electronics Introduction
11.5.4 Zurich Revenue in Extended Warranty Service for Consumer Electronics Business (2016-2021)
11.5.5 Zurich Recent Development
11.6 Chubb
11.6.1 Chubb Company Details
11.6.2 Chubb Business Overview
11.6.3 Chubb Extended Warranty Service for Consumer Electronics Introduction
11.6.4 Chubb Revenue in Extended Warranty Service for Consumer Electronics Business (2016-2021)
11.6.5 Chubb Recent Development
11.7 Amtrust
11.7.1 Amtrust Company Details
11.7.2 Amtrust Business Overview
11.7.3 Amtrust Extended Warranty Service for Consumer Electronics Introduction
11.7.4 Amtrust Revenue in Extended Warranty Service for Consumer Electronics Business (2016-2021)
11.7.5 Amtrust Recent Development
11.8 Allianz
11.8.1 Allianz Company Details
11.8.2 Allianz Business Overview
11.8.3 Allianz Extended Warranty Service for Consumer Electronics Introduction
11.8.4 Allianz Revenue in Extended Warranty Service for Consumer Electronics Business (2016-2021)
11.8.5 Allianz Recent Development
11.9 AXA
11.9.1 AXA Company Details
11.9.2 AXA Business Overview
11.9.3 AXA Extended Warranty Service for Consumer Electronics Introduction
11.9.4 AXA Revenue in Extended Warranty Service for Consumer Electronics Business (2016-2021)
11.9.5 AXA Recent Development
11.10 Aviva
11.10.1 Aviva Company Details
11.10.2 Aviva Business Overview
11.10.3 Aviva Extended Warranty Service for Consumer Electronics Introduction
11.10.4 Aviva Revenue in Extended Warranty Service for Consumer Electronics Business (2016-2021)
11.10.5 Aviva Recent Development
11.11 CNA Financial (CCC)
11.11.1 CNA Financial (CCC) Company Details
11.11.2 CNA Financial (CCC) Business Overview
11.11.3 CNA Financial (CCC) Extended Warranty Service for Consumer Electronics Introduction
11.11.4 CNA Financial (CCC) Revenue in Extended Warranty Service for Consumer Electronics Business (2016-2021)
11.11.5 CNA Financial (CCC) Recent Development
11.12 Likewize (formerly Brightstar)
11.12.1 Likewize (formerly Brightstar) Company Details
11.12.2 Likewize (formerly Brightstar) Business Overview
11.12.3 Likewize (formerly Brightstar) Extended Warranty Service for Consumer Electronics Introduction
11.12.4 Likewize (formerly Brightstar) Revenue in Extended Warranty Service for Consumer Electronics Business (2016-2021)
11.12.5 Likewize (formerly Brightstar) Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
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