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Global Consumer Electronics Extended Warranty Market By Product Types (Laptops & PCs, Mobiles & Tablets, Home Entertainment Devices, Heating & Cooling equipment, Kitchen equipment, Others) By Distribution Channel (Manufacturers, Retailers, Others) By Coverage Types (Standard Protection Plan, Accidental Protection Plan) – Growth, Share, Opportunities & Competitive Analysis, 2016 – 2028

Price: $4999

Published: | Report ID: 12443 | Report Format : PDF

How Growing Market Penetration of High-End Smartphones, Laptops, and PCs Plays an Important Role in Consumer Electronics Extended Warranty Market?

As the use of smartphones, laptops, PCs, tablets, and other brown goods has increased, the market for protection for these devices has grown at a higher pace. As a result, the availability of extended warranties for these products has increased competition in the extended warranty market. Moreover, rising raw material prices continue to put downward pressure on profit margins for producers and dealers of consumer electronics. Furthermore, extended warranty solutions for these products are constantly improving, and their dominance is projected to continue during the forecast period. Thus, the increasing use and penetration of smartphones, laptops, tablets, and other brown goods fuel the expansion of the consumer electronics extended warranty market.

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What is the Market Size of Consumer Electronics Extended Warranty in term of value?

Global Consumer Electronics Extended Warranty Market is projected to increase at a significant CAGR of 14.7% in the coming years. In 2021, the global consumer electronics extended warranty market was valued at USD 49.2 billion and is projected to reach at value of USD 112.03 billion by 2028. The demand for consumer electronics extended warranty is projected to increase substantially in the coming years and is presumed to generate revenue opportunity for the key industry players that worth USD 62.83 billion during the forecast period between 2022 and 2028.

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How Mobiles & Tablets Contributed to the Extended Warranty Market For Consumer Electronics Growth?

In 2020, the mobile devices segment led the global extended warranty market for consumer electronics. Over 50% of the total market value was generated by the smartphone and tablet segment. The growing penetration of high-end premium smartphones, particularly in nations such as the U.S., U.K., Germany, France, China, India, and others, drives the growth of the mobile devices segment. Moreover, the continuously rising adoption of tablets is a significant factor driving the rise of the mobile devices segment. The sector is expected to maintain its market leadership over the forecast period, owing to the continued growth of smartphone and tablet usage. Furthermore, consumers who favor high-end expensive smartphones account for more than 40% of all smartphone users in Europe. These users are the primary purchasers of related extended warranty contracts, which drives segment growth.

Interesting Facts about Consumer Electronics Extended Warranty Industry

  • The market is being led by value-conscious consumers’ demand to extend product life and reduce repair costs.
  • The rising cost of consumer electronics and vehicle maintenance and repair is driving industry expansion.
  • The development of several innovative extended warranty solutions with added benefits is accelerating market expansion.
  • The growth of extended warranty is being supported by the digitalization of extended warranty solutions to improve consumer services.
  • North America region had a major share in terms of volume as well as value in the global consumer electronics extended warranty market in 2020 and is projected to continue its dominance over the forecast period.
  • Mobile devices segment to witness high growth during the forecast period due to increased awareness for extended warranty among consumers across the globe.

Who are the Top 10 players/companies in consumer electronics extended warranty market in term of value and volume?

The key players in the global consumer electronics extended warranty market in terms of value and volume include Amazon.com Inc., Assurant Inc., AmTrust Financial, AXA, Asurion, Go Warranty & Services LLP, OnPoint Warranty, SquareTrade Inc., Securranty, and OneAssist Consumer Solutions Pvt. Ltd. These key players are concentrating on new product developments as well as technological innovation to enhance consumer electronics extended warranty to gain competitive market share at a global level. Moreover, some regional and country level players are also investing heavily to expand their product portfolio and to enhance their sales. For instance, in February 2022, Nokia Mobile has launched smartphone protection insurance and extended warranty programs. Customers concerned about the security of their Nokia phones now can purchase additional security from HMD Global. On the other hand, in 2020, N26 Group formed a strategic partnership with Allianz Global Assistance Europe to offer its comprehensive insurance package for premium customers, which includes an extended warranty for consumer devices.

Who are the Top 10 Countries in the Extended Warranty Market For Consumer Electronics?

In the global consumer electronics extended warranty market, the major countries are U.S., India, Brazil, China, Japan, Germany, U.K., France, Hong Kong, and United Arab Emirates. China is the major producer and exporter of consumer electronics globally. In 2018, China’s exports accounted for 12.4% of global trade in the consumer electronics market. Besides, the consumer electronics extended warranty market in developing countries like India is projected to witness major growth in the coming years due to increased popularity for smart gadgets and wearable among youngsters.

Which is the Key Application Area in the Consumer Electronics Extended Warranty Market?

Strategic alliances with e-commerce retailers will remain a significant strategy for extended warranty service providers during the forecast period. Some of the major extended warranty providers have formed strategic partnerships with numerous e-commerce retailers, under which they cover electronics purchased through such web platforms. Customers would be required to pay an additional fee, or the online retailer would bear a portion of the premium cost in order to provide more value for the customers.

In addition, extended warranties often cover regular wear and tear as well as product faults. Moreover, accidental damages such as drop damage or a user spilling anything on the gadget are covered by some plans. An extended warranty is provided by either the manufacturer, the retailer, or the warranty administrator, and the fee is set at a percentage of the product’s retail price.

What are the Major Driving Factors for Consumer Electronics Extended Warranty Market?

Extended warranty plans nowadays include routine maintenance as well as accidental damages such as liquid spillage, theft, or broken displays. As a result, increasing customer awareness about the safety of their electronic gadgets after the original warranty has ended is the key factor driving the market growth. Moreover, the rising sales of high-end cars and consumer gadgets, such as smartphones, laptops, tablets, and wearable’s, are accelerating the product adoption. Furthermore, leading players are providing value-added services such as hassle-free replacements and on-site services, as well as digitizing extended warranty processes for faster claim settlements, which is also propelling market expansion.

What are the Major Restraints for Consumer Electronics Extended Warranty Market?

The key restraint of the global consumer electronics extended warranty market which is projected to hamper the market growth include huge decline in sales of personal computer (PCs). PCs are one of the most common types of consumer equipment for which extended warranty coverage is purchased. However, with the recent downturn in PC sales, demand for extended warranties has also decreased. For instance, according to Business Quant, PC unit shipment has been declining globally. The COVID-19 epidemic has impacted the supply chain of numerous PC firms such as HP, Lenovo, and others, potentially reducing their consumer base. In addition, HP announced that year-over-year sales in the U.S. dropped by 16% in April 2020. As a result, these factors restrain the market for consumer electronics extended warranties.

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Which Region Dominated the World Consumer Electronics Extended Warranty Market?

In 2020, North America dominated the global consumer electronics extended warranty market and accounted for more than 55% of the market revenue share in terms of value as well as volume. The region’s dominance is largely attributable to a high level of consumer awareness of the benefits of extended warranties. Moreover, the United States has a huge consumer base for high-end smartphones, laptops, and PCs, which is significantly boosting the consumer electronics extended warranty market. The overall consumer electronics market in the United States has been growing significantly in recent years. Consumers’ willingness to pay high costs for technologically advanced products has driven the consumer electronics market in the North American region, enhancing the extended warranty market’s expansion in consumer electronics.

Furthermore, Europe is another key market for consumer electronics extended warranties. The U.K. has the largest market in the region, owing to high consumer awareness of extended warranties and significant smartphone and PC adoption. In addition, the increasing popularity of smart gadgets and wearable’s, as well as the high cost of consumer electronics, has led European consumers to purchase an extended warranty for their expensive devices.

Segmentation of Global Consumer Electronics Extended Warranty Market-

Global Consumer Electronics Extended Warranty Market – By Product Types

  • Laptops & PCs
  • Mobiles & Tablets
  • Home Entertainment Devices
  • Heating & Cooling equipment
  • Kitchen equipment
  • Others

 Global Consumer Electronics Extended Warranty Market – By Distribution Channel

  • Manufacturers
  • Retailers
  • Others

Global Consumer Electronics Extended Warranty Market – By Coverage Types

  • Standard Protection Plan
  • Accidental Protection Plan

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Consumer Electronics Extended Warranty Market

3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Consumer Electronics Extended Warranty Market Value, 2016-2028, (US$ Bn)
3.2. Market Dynamics
3.2.1. Key Growth Trends
3.2.2. Major Industry Challenges
3.2.3. Key Growth Pockets
3.3. Attractive Investment Proposition,2021
3.3.1. Coverage Types
3.3.2. Distribution Channels
3.3.3. Product Types
3.4. Porter’s Five Forces Analysis
3.4.1. Threat of New Entrants
3.4.2. Bargaining Power of Buyers/Consumers
3.4.3. Bargaining Power of Suppliers
3.4.4. Threat of Substitute Types
3.4.5. Intensity of Competitive Rivalry
3.5. Value Chain Analysis

4. Market Positioning of Key Players, 2021
4.1. Company market share of key players, 2021
4.2. Top 6 Players
4.3. Top 3 Players
4.4. Major Strategies Adopted by Key Players

5. COVID 19 Impact Analysis
5.1. Global Consumer Electronics Extended Warranty Market Pre Vs Post COVID 19, 2019 – 2028
5.2. Impact on Import & Export
5.3. Impact on Demand & Supply

6. North America
6.1. North America Consumer Electronics Extended Warranty Market, by Country, 2016-2028(US$ Bn)
6.1.1. U.S.
6.1.2. Canada
6.1.3. Mexico
6.2. North America Consumer Electronics Extended Warranty Market, by Coverage Types, 2016-2028(US$ Bn)
6.2.1. Overview
6.2.2. Standard Protection Plan
6.2.3. Accidental Protection Plan
6.2.4. Others
6.3. North America Consumer Electronics Extended Warranty Market, by Distribution Channels, 2016-2028(US$ Bn)
6.3.1. Overview
6.3.2. Manufacturers
6.3.3. Retailers
6.3.4. Others
6.4. North America Consumer Electronics Extended Warranty Market, by Product Types, 2016-2028(US$ Bn)
6.4.1. Overview
6.4.2. Laptops & PCs
6.4.3. Mobiles & Tablets
6.4.4. Home Entertainment Devices
6.4.5. Heating & Cooling equipment
6.4.6. Kitchen equipment
6.4.7. Other

7. Europe
7.1. Europe Consumer Electronics Extended Warranty Market, by Country, 2016-2028(US$ Bn)
7.1.1. UK
7.1.2. France
7.1.3. Germany
7.1.4. Italy
7.1.5. Russia
7.1.6. Ukraine
7.1.7. Spain
7.1.8. Belgium
7.1.9. Netherland
7.1.10. Austria
7.1.11. Sweden
7.1.12. Poland
7.1.13. Denmark
7.1.14. Switzerland
7.1.15. Rest of Europe
7.2. Europe Consumer Electronics Extended Warranty Market, by Coverage Types, 2016-2028(US$ Bn)
7.2.1. Overview
7.2.2. Standard Protection Plan
7.2.3. Accidental Protection Plan
7.2.4. Others
7.3. Europe Consumer Electronics Extended Warranty Market, by Distribution Channels, 2016-2028(US$ Bn)
7.3.1. Overview
7.3.2. Manufacturers
7.3.3. Retailers
7.3.4. Others
7.4. Europe Consumer Electronics Extended Warranty Market, by Product Types, 2016-2028(US$ Bn)
7.4.1. Overview
7.4.2. Laptops & PCs
7.4.3. Mobiles & Tablets
7.4.4. Home Entertainment Devices
7.4.5. Heating & Cooling equipment
7.4.6. Kitchen equipment
7.4.7. Other

8. Asia Pacific
8.1. Asia Pacific Consumer Electronics Extended Warranty Market, by Country, 2016-2028(US$ Bn)
8.1.1. China
8.1.2. Japan
8.1.3. South Korea
8.1.4. India
8.1.5. Australia
8.1.6. New Zealand
8.1.7. Taiwan
8.1.8. Indonesia
8.1.9. Malaysia
8.1.10. Philippine
8.1.11. Rest of Asia Pacific
8.2. Asia Pacific Consumer Electronics Extended Warranty Market, by Coverage Types, 2016-2028(US$ Bn)
8.2.1. Overview
8.2.2. Standard Protection Plan
8.2.3. Accidental Protection Plan
8.2.4. Others
8.3. Asia Pacific Consumer Electronics Extended Warranty Market, by Distribution Channels, 2016-2028(US$ Bn)
8.3.1. Overview
8.3.2. Manufacturers
8.3.3. Retailers
8.3.4. Others
8.4. Asia Pacific Consumer Electronics Extended Warranty Market, by Product Types, 2016-2028(US$ Bn)
8.4.1. Overview
8.4.2. Laptops & PCs
8.4.3. Mobiles & Tablets
8.4.4. Home Entertainment Devices
8.4.5. Heating & Cooling equipment
8.4.6. Kitchen equipment
8.4.7. Other

9. Latin America
9.1. Latin America Consumer Electronics Extended Warranty Market, by Country, 2016-2028(US$ Bn)
9.1.1. Brazil
9.1.2. Argentina
9.1.3. Peru
9.1.4. Chile
9.1.5. Colombia
9.1.6. Rest of Latin America
9.2. Latin America Consumer Electronics Extended Warranty Market, by Coverage Types, 2016-2028(US$ Bn)
9.2.1. Overview
9.2.2. Standard Protection Plan
9.2.3. Accidental Protection Plan
9.2.4. Others
9.3. Latin America Consumer Electronics Extended Warranty Market, by Distribution Channels, 2016-2028(US$ Bn)
9.3.1. Overview
9.3.2. Manufacturers
9.3.3. Retailers
9.3.4. Others
9.4. Latin America Consumer Electronics Extended Warranty Market, by Product Types, 2016-2028(US$ Bn)
9.4.1. Overview
9.4.2. Laptops & PCs
9.4.3. Mobiles & Tablets
9.4.4. Home Entertainment Devices
9.4.5. Heating & Cooling equipment
9.4.6. Kitchen equipment
9.4.7. Other

10. Middle East
10.1. Middle East Consumer Electronics Extended Warranty Market, by Country, 2016-2028(US$ Bn)
10.1.1. UAE
10.1.2. KSA
10.1.3. Israel
10.1.4. Turkey
10.1.5. Iran
10.1.6. Rest of Middle East
10.2. Middle East Consumer Electronics Extended Warranty Market, by Coverage Types, 2016-2028(US$ Bn)
10.2.1. Overview
10.2.2. Standard Protection Plan
10.2.3. Accidental Protection Plan
10.2.4. Others
10.3. Middle East Consumer Electronics Extended Warranty Market, by Distribution Channels, 2016-2028(US$ Bn)
10.3.1. Overview
10.3.2. Manufacturers
10.3.3. Retailers
10.3.4. Others
10.4. Middle East Consumer Electronics Extended Warranty Market, by Product Types, 2016-2028(US$ Bn)
10.4.1. Overview
10.4.2. Laptops & PCs
10.4.3. Mobiles & Tablets
10.4.4. Home Entertainment Devices
10.4.5. Heating & Cooling equipment
10.4.6. Kitchen equipment
10.4.7. Other

11. Africa
11.1. Africa Consumer Electronics Extended Warranty Market, by Country, 2016-2028(US$ Bn)
11.1.1. South Africa
11.1.2. Egypt
11.1.3. Nigeria
11.1.4. Rest of Africa
11.2. Africa Consumer Electronics Extended Warranty Market, by Coverage Types, 2016-2028(US$ Bn)
11.2.1. Overview
11.2.2. Standard Protection Plan
11.2.3. Accidental Protection Plan
11.2.4. Others
11.3. Africa Consumer Electronics Extended Warranty Market, by Distribution Channels, 2016-2028(US$ Bn)
11.3.1. Overview
11.3.2. Manufacturers
11.3.3. Retailers
11.3.4. Others
11.4. Africa Consumer Electronics Extended Warranty Market, by Product Types, 2016-2028(US$ Bn)
11.4.1. Overview
11.4.2. Laptops & PCs
11.4.3. Mobiles & Tablets
11.4.4. Home Entertainment Devices
11.4.5. Heating & Cooling equipment
11.4.6. Kitchen equipment
11.4.7. Other

12. Global
12.1. Global Consumer Electronics Extended Warranty Market, by Coverage Types, 2016-2028(US$ Bn)
12.1.1. Overview
12.1.2. Standard Protection Plan
12.1.3. Accidental Protection Plan
12.1.4. Others
12.2. Global Consumer Electronics Extended Warranty Market, by Distribution Channels, 2016-2028(US$ Bn)
12.2.1. Overview
12.2.2. Manufacturers
12.2.3. Retailers
12.2.4. Others
12.3. Global Consumer Electronics Extended Warranty Market, by Product Types, 2016-2028(US$ Bn)
12.3.1. Overview
12.3.2. Laptops & PCs
12.3.3. Mobiles & Tablets
12.3.4. Home Entertainment Devices
12.3.5. Heating & Cooling equipment
12.3.6. Kitchen equipment
12.3.7. Other

13. Company Profiles
13.1. Amazon.com Inc.
13.2. Assurant Inc.
13.3. AmTrust Financial
13.4. AXA
13.5. Asurion
13.6. Go Warranty & Services LLP
13.7. OnPoint Warranty
13.8. SquareTrade Inc.
13.9. Securranty
13.10. OneAssist Consumer Solutions Pvt. Ltd.
13.11. Others

List of Figures

FIG. 1 Global Consumer Electronics Extended Warranty Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Consumer Electronics Extended Warranty Market Segmentation
FIG. 4 Global Consumer Electronics Extended Warranty Market, by Type, 2019 (US$ Bn)
FIG. 5 Global Consumer Electronics Extended Warranty Market, by Coverage Types, 2019 (US$ Bn)
FIG. 6 Global Consumer Electronics Extended Warranty Market, by Product Types, 2019 (US$ Bn)
FIG. 7 Global Consumer Electronics Extended Warranty Market, by Distribution Channels, 2021 (US$ Bn)
FIG. 8 Global Consumer Electronics Extended Warranty Market, by Geography, 2021 (US$ Bn)
FIG. 9 Attractive Investment Proposition, by Geography, 2021
FIG. 10 Global Market Positioning of Key Consumer Electronics Extended Warranty Market Manufacturers, 2019
FIG. 11 Global Consumer Electronics Extended Warranty Market Value Contribution, By Distribution Channels, 2021 & 2028 (Value %)
FIG. 12 Global Consumer Electronics Extended Warranty Market, by Manufacturers, Value, 2016-2028 (US$ Bn)
FIG. 13 Global Consumer Electronics Extended Warranty Market, by Retailers, Value, 2016-2028 (US$ Bn)
FIG. 14 Global Consumer Electronics Extended Warranty Market Value Contribution, By Coverage Types, 2021 & 2028 (Value %)
FIG. 15 Global Consumer Electronics Extended Warranty Market, by Standard Protection Plan, 2016-2028 (US$ Bn)
FIG. 16 Global Consumer Electronics Extended Warranty Market, by Accidental Protection Plan, Value, 2016-2028 (US$ Bn)
FIG. 17 Global Consumer Electronics Extended Warranty Market, by Others, Value, 2016-2028 (US$ Bn)
FIG. 18 Global Consumer Electronics Extended Warranty Market Value Contribution, By Product Types, 2021 & 2028 (Value %)
FIG. 19 Global Consumer Electronics Extended Warranty Market, by Laptops & PCs, 2016-2028 (US$ Bn)
FIG. 20 Global Consumer Electronics Extended Warranty Market, by Mobiles & Tablets, 2016-2028 (US$ Bn)
FIG. 21 Global Consumer Electronics Extended Warranty Market, by Home Entertainment Devices, 2016-2028 (US$ Bn)
FIG. 22 U.S. Consumer Electronics Extended Warranty Market, 2016-2028 (US$ Bn)
FIG. 23 Rest of North America Consumer Electronics Extended Warranty Market, 2016-2028 (US$ Bn)
FIG. 24 U.K. Consumer Electronics Extended Warranty Market, 2016-2028 (US$ Bn)
FIG. 25 Germany Consumer Electronics Extended Warranty Market, 2016-2028 (US$ Bn)
FIG. 26 France Consumer Electronics Extended Warranty Market, 2016-2028 (US$ Bn)
FIG. 27 Italy Consumer Electronics Extended Warranty Market, 2016-2028 (US$ Bn)
FIG. 28 Spain Consumer Electronics Extended Warranty Market, 2016-2028 (US$ Bn)
FIG. 29 Russia Consumer Electronics Extended Warranty Market, 2016-2028 (US$ Bn)
FIG. 30 BENELUX Consumer Electronics Extended Warranty Market, 2016-2028 (US$ Bn)
FIG. 31 Poland Consumer Electronics Extended Warranty Market, 2016-2028 (US$ Bn)
FIG. 32 Austria Consumer Electronics Extended Warranty Market, 2016-2028 (US$ Bn)
FIG. 33 Rest of Europe Consumer Electronics Extended Warranty Market, 2016-2028 (US$ Bn)
FIG. 34 Japan Consumer Electronics Extended Warranty Market, 2016-2028 (US$ Bn)
FIG. 35 China Consumer Electronics Extended Warranty Market, 2016-2028 (US$ Bn)
FIG. 36 India Consumer Electronics Extended Warranty Market, 2016-2028 (US$ Bn)
FIG. 37 South Korea Consumer Electronics Extended Warranty Market, 2016-2028 (US$ Bn)
FIG. 38 Australia Consumer Electronics Extended Warranty Market, 2016-2028 (US$ Bn)
FIG. 39 Southeast Asia Consumer Electronics Extended Warranty Market, 2016-2028 (US$ Bn)
FIG. 40 Rest of Asia Pacific Consumer Electronics Extended Warranty Market, 2016-2028 (US$ Bn)
FIG. 41 Middle East & Africa Consumer Electronics Extended Warranty Market, 2016-2028 (US$ Bn)
FIG. 42 South Africa Consumer Electronics Extended Warranty Market, 2016-2028 (US$ Bn)
FIG. 43 Nigeria Consumer Electronics Extended Warranty Market, 2016-2028 (US$ Bn)
FIG. 44 Egypt Consumer Electronics Extended Warranty Market, 2016-2028 (US$ Bn)
FIG. 45 GCC Consumer Electronics Extended Warranty Market, 2016-2028 (US$ Bn)
FIG. 46 Israel Consumer Electronics Extended Warranty Market, 2016-2028 (US$ Bn)
FIG. 47 Latin America Consumer Electronics Extended Warranty Market, 2016-2028 (US$ Bn)
FIG. 48 Mechanicalzil Consumer Electronics Extended Warranty Market, 2016-2028 (US$ Bn)
FIG. 49 Argentina Consumer Electronics Extended Warranty Market, 2016-2028 (US$ Bn)
FIG. 50 Colombia Consumer Electronics Extended Warranty Market, 2016-2028 (US$ Bn)
FIG. 51 Peru Consumer Electronics Extended Warranty Market, 2016-2028 (US$ Bn)
FIG. 52 Chile Consumer Electronics Extended Warranty Market, 2016-2028 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Consumer Electronics Extended Warranty Market
TABLE 2 Global Consumer Electronics Extended Warranty Market, by Type, 2016-2028 (US$ Bn)
TABLE 3 Global Consumer Electronics Extended Warranty Market, by Distribution Channels, 2016-2028 (US$ Bn)
TABLE 4 Global Consumer Electronics Extended Warranty Market, by Coverage Types, 2016-2028 (US$ Bn)
TABLE 5 Global Consumer Electronics Extended Warranty Market, by Product Types, 2016-2028 (US$ Bn)
TABLE 6 Global Consumer Electronics Extended Warranty Market, by Geography, 2016-2028 (US$ Bn)
TABLE 7 North America Consumer Electronics Extended Warranty Market, by Type, 2016-2028 (US$ Bn)
TABLE 8 North America Consumer Electronics Extended Warranty Market, by Distribution Channels, 2016-2028 (US$ Bn)
TABLE 9 North America Consumer Electronics Extended Warranty Market, by Coverage Types, 2016-2028 (
TABLE 10 North America Consumer Electronics Extended Warranty Market, by Product Types, 2016-2028 (US$ Bn)
TABLE 11 North America Consumer Electronics Extended Warranty Market, by Country, 2016-2028 (US$ Bn)
TABLE 12 Europe Consumer Electronics Extended Warranty Market, by Type, 2016-2028 (US$ Bn)
TABLE 13 Europe Consumer Electronics Extended Warranty Market, by Distribution Channels, 2016-2028 (US$ Bn)
TABLE 14 Europe Consumer Electronics Extended Warranty Market, by Coverage Types, 2016-2028 (US$ Bn)
TABLE 15 Europe Consumer Electronics Extended Warranty Market, by Product Types, 2016-2028 (US$ Bn)
TABLE 16 Europe Consumer Electronics Extended Warranty Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 17 Asia Pacific Consumer Electronics Extended Warranty Market, by Type, 2016-2028 (US$ Bn)
TABLE 18 Asia Pacific Consumer Electronics Extended Warranty Market, by Distribution Channels, 2016-2028 (US$ Bn)
TABLE 19 Asia Pacific Consumer Electronics Extended Warranty Market, by Coverage Types, 2016-2028 (US$ Bn)
TABLE 20 Asia Pacific Consumer Electronics Extended Warranty Market, by Product Types, 2016-2028 (US$ Bn)
TABLE 21 Asia Pacific Consumer Electronics Extended Warranty Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 22 Latin America Consumer Electronics Extended Warranty Market, by Type, 2016-2028 (US$ Bn)
TABLE 23 Latin America Consumer Electronics Extended Warranty Market, by Distribution Channels, 2016-2028 (US$ Bn)
TABLE 24 Latin America Consumer Electronics Extended Warranty Market, by Coverage Types, 2016-2028 (US$ Bn)
TABLE 25 Latin America Consumer Electronics Extended Warranty Market, by Product Types, 2016-2028 (US$ Bn)
TABLE 26 Latin America Consumer Electronics Extended Warranty Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 27 Middle East Consumer Electronics Extended Warranty Market, by Type, 2016-2028 (US$ Bn)
TABLE 28 Middle East Consumer Electronics Extended Warranty Market, by Distribution Channels, 2016-2028 (US$ Bn)
TABLE 29 Middle East Consumer Electronics Extended Warranty Market, by Coverage Types, 2016-2028 (US$ Bn)
TABLE 30 Middle East Consumer Electronics Extended Warranty Market, by Product Types, 2016-2028 (US$ Bn)
TABLE 31 Middle East Consumer Electronics Extended Warranty Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 32 Africa Consumer Electronics Extended Warranty Market, by Type, 2016-2028 (US$ Bn)
TABLE 33 Africa Consumer Electronics Extended Warranty Market, by Distribution Channels, 2016-2028 (US$ Bn)
TABLE 34 Africa Consumer Electronics Extended Warranty Market, by Coverage Types, 2016-2028 (US$ Bn)
TABLE 35 Africa Consumer Electronics Extended Warranty Market, by Product Types, 2016-2028 (US$ Bn)
TABLE 36 Africa Consumer Electronics Extended Warranty Market, by Country/Region, 2016-2028 (US$ Bn)

Frequently Asked Questions

How COVID-19 impacted the global consumer electronics extended warranty market?

The COVID-19 pandemic has had a moderate effect on the consumer electronics extended warranty industry, as lower-income consumers decreased their purchases of electronic devices during the lockdown. Customers are, however, taking advantage of offers of warranty extension for products purchased through authorized offline and online platforms. As a result, the consumer electronics extended warranty market has seen significant development.

Which is the leading market for consumer electronics extended warranty?

North America accounted for the highest share in the global consumer electronics extended warranty market in terms of value as well as volume.

What are the key drivers for the growth of the consumer electronics extended warranty market?

The increased awareness for extended warranty among consumers worldwide and growing sale of televisions, washing machines, and refrigerators are the major factors driving the growth of the market.

Which is the major segment in consumer electronics extended warranty market by product types?

Mobiles & Tablets devices segment had a major share in 2020 with more than 50% of the market revenue share. Besides, laptops & PCs device segment is projected to witness the fastest growth.

Which is the major segment in consumer electronics extended warranty market by distribution channel?

E-commerce retailers industry had a major share in the global market in 2020 and is projected to continue its dominance over the forecast period.

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I am very impressed with the information in this report. The author clearly did their research when they came up with this product and it has already given me a lot of ideas.

Jana Schmidt
CEDAR CX Technologies

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