The global warranty management market is expected to grow from USD 8,763.35 million 2017 to USD 15,852.85 million by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 8.84%.

"Enablement of uninterrupted information and product flowis one of the factors largely attributing to the growth of warranty management market globally"

The factors attributing to the growth of the market are enablement of uninterrupted information and product flow, scalability for high-performance architecture, high-cost warranty processes drive the adoption, and customer-centric warranty coverage and enhanced customer experience for dealers. However, some factors such as high training cost, automotive analytics and early warning system, and warranty management processes are largely ad-hoc and lack best practice may hinder the market growth. The global warranty management market is expected to showcase the opportunities such as a holistic approach to tackle warranty, configured as business needs dictate, and integrated warranty management solution. In the near future, the market may face the possible challenges in the growth due to big data issues and connectivity challenge, and collaborative technology. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global warranty management market market.

On the basis of service, the global warranty management market is studied across Consulting Services, Managed Services, Professional Services, Support & Maintenance, and Training & Education.

On the basis of software, the global warranty management market is studied across Administration Management, Claim Management, Service Contract, and Warranty Intelligence.

On the basis of industry, the global warranty management market is studied across Aerospace & Defense, Automotive & Transportation, Banking, Financial Services & Insurance, Building, Construction & Real Estate, Consumer Goods & Retail, Education, Energy & Utilities, Government & Public Sector, Healthcare & Life Sciences, Information Technology, Manufacturing, Media & Entertainment, Telecommunication, and Travel & Hospitality.

On the basis of deployment, the global warranty management market is studied across On-Cloud and On-Premises.

On the basis of geography, the global warranty management market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia).

"Astea International: The potential growing player for the global warranty management market"

The key players profiled in the global warranty management market are Astea International, Industrial and Financial Systems (IFS) AB, Infosys, International Business Machines?Corporation, Oracle Corporation, PTC, Pegasystems, SAP SE, Tavant Technologies, Tech Mahindra Limited, and Wipro Limited.


The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global warranty management market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global warranty management market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global warranty management market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global warranty management market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global warranty management market.