Extended Warranty Market Report: Trends, Insights, and Forecast for 2030

According to the study by Next Move Strategy Consulting, the global Extended Warranty Market is expected to reach USD 252.4 billion at a CAGR of 8.8% by 2030.

Extended warranties can be purchased while purchasing a product or within a specified period following the initial purchase. 

As the cost of repairs for appliances and electronics is rising, consumers are increasingly opting for extended warranty coverage to protect themselves against these costs. 

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