Warranty Management System
Global Warranty Management System Market to Reach $7.2 Billion by 2027
Amid the COVID-19 crisis, the global market for Warranty Management System estimated at US$2.9 Billion in the year 2020, is projected to reach a revised size of US$7.2 Billion by 2027, growing at a CAGR of 13.8% over the analysis period 2020-2027. Claim Management, one of the segments analyzed in the report, is projected to record a 13.1% CAGR and reach US$2.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Service Contract segment is readjusted to a revised 14.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $858 Million, While China is Forecast to Grow at 13.3% CAGR
The Warranty Management System market in the U.S. is estimated at US$858 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2027 trailing a CAGR of 13.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.3% and 11.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10% CAGR.
Warranty Intelligence Segment to Record 14.3% CAGR
In the global Warranty Intelligence segment, USA, Canada, Japan, China and Europe will drive the 14.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$357 Million in the year 2020 will reach a projected size of US$898.9 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$856.8 Million by the year 2027.We bring years of research experience to this 6th edition of our report. The 231-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others,
- Astea International Inc.
- IBM Corporation
- Industrial and Financial Systems (IFS) AB
- Infosys Ltd.
- Oracle Corporation
- Pegasystems, Inc.
- PTC, Inc.
- SAP SE
- Tavant Technologies, Inc.
- Tech Mahindra Ltd.
- Wipro Ltd.
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- I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
- II. EXECUTIVE SUMMARY
- 1. MARKET OVERVIEW
- Global Competitor Market Shares
- Warranty Management System Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
- 2. FOCUS ON SELECT PLAYERS
- 3. MARKET TRENDS & DRIVERS
- 4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: Warranty Management System Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
- TABLE 2: Warranty Management System Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
- TABLE 3: Warranty Management System Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
- TABLE 4: Claim Management (Software) World Market by Region/Country in US$ Million: 2020 to 2027
- TABLE 5: Claim Management (Software) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019
- TABLE 6: Claim Management (Software) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
- TABLE 7: Service Contract (Software) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
- TABLE 8: Service Contract (Software) Historic Market Perspective by Region/Country in US$ Million: 2012 to 2019
- TABLE 9: Service Contract (Software) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
- TABLE 10: Warranty Intelligence (Software) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
- TABLE 11: Warranty Intelligence (Software) Region Wise Breakdown of Global Historic Demand in US$ Million: 2012 to 2019
- TABLE 12: Warranty Intelligence (Software) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
- TABLE 13: Administration Management (Software) World Market Estimates and Forecasts by Region/Country in US$ Million: 2020 to 2027
- TABLE 14: Administration Management (Software) Market Historic Review by Region/Country in US$ Million: 2012 to 2019
- TABLE 15: Administration Management (Software) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
- TABLE 16: On Premise (Deployment) World Market by Region/Country in US$ Million: 2020 to 2027
- TABLE 17: On Premise (Deployment) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019
- TABLE 18: On Premise (Deployment) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
- TABLE 19: Cloud (Deployment) World Market Estimates and Forecasts in US$ Million by Region/Country: 2020 to 2027
- TABLE 20: Cloud (Deployment) Market Worldwide Historic Review by Region/Country in US$ Million: 2012 to 2019
- TABLE 21: Cloud (Deployment) Market Percentage Share Distribution by Region/Country: 2012 VS 2020 VS 2027
- TABLE 22: Manufacturing (Vertical) Global Opportunity Assessment in US$ Million by Region/Country: 2020-2027
- TABLE 23: Manufacturing (Vertical) Historic Sales Analysis in US$ Million by Region/Country: 2012-2019
- TABLE 24: Manufacturing (Vertical) Percentage Share Breakdown of Global Sales by Region/Country: 2012 VS 2020 VS 2027
- TABLE 25: Automotive (Vertical) Worldwide Sales in US$ Million by Region/Country: 2020-2027
- TABLE 26: Automotive (Vertical) Historic Demand Patterns in US$ Million by Region/Country: 2012-2019
- TABLE 27: Automotive (Vertical) Market Share Shift across Key Geographies: 2012 VS 2020 VS 2027
- TABLE 28: Supply Chain & Logistics (Vertical) Global Market Estimates & Forecasts in US$ Million by Region/Country: 2020-2027
- TABLE 29: Supply Chain & Logistics (Vertical) Retrospective Demand Analysis in US$ Million by Region/Country: 2012-2019
- TABLE 30: Supply Chain & Logistics (Vertical) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
- TABLE 31: Food & Beverages (Vertical) Demand Potential Worldwide in US$ Million by Region/Country: 2020-2027
- TABLE 32: Food & Beverages (Vertical) Historic Sales Analysis in US$ Million by Region/Country: 2012-2019
- TABLE 33: Food & Beverages (Vertical) Share Breakdown Review by Region/Country: 2012 VS 2020 VS 2027
- TABLE 34: Other Verticals (Vertical) Worldwide Latent Demand Forecasts in US$ Million by Region/Country: 2020-2027
- TABLE 35: Other Verticals (Vertical) Global Historic Analysis in US$ Million by Region/Country: 2012-2019
- TABLE 36: Other Verticals (Vertical) Distribution of Global Sales by Region/Country: 2012 VS 2020 VS 2027
- III. MARKET ANALYSIS
- GEOGRAPHIC MARKET ANALYSIS
- UNITED STATES
- Market Facts & Figures
- US Warranty Management System Market Share (in %) by Company: 2019 & 2025
- Market Analytics
- TABLE 37: United States Warranty Management System Market Estimates and Projections in US$ Million by Software: 2020 to 2027
- TABLE 38: Warranty Management System Market in the United States by Software:
- A Historic Review in US$ Million for 2012-2019
- TABLE 39: United States Warranty Management System Market Share Breakdown by Software: 2012 VS 2020 VS 2027
- TABLE 40: Warranty Management System Market in US$ Million in the United States by Deployment: 2020-2027
- TABLE 41: United States Warranty Management System Market Retrospective Analysis in US$ Million by Deployment: 2012-2019
- TABLE 42: United States Warranty Management System Market Share Breakdown by Deployment: 2012 VS 2020 VS 2027
- TABLE 43: United States Warranty Management System Latent Demand Forecasts in US$ Million by Vertical: 2020 to 2027
- TABLE 44: Warranty Management System Historic Demand Patterns in the United States by Vertical in US$ Million for 2012-2019
- TABLE 45: Warranty Management System Market Share Breakdown in the United States by Vertical: 2012 VS 2020 VS 2027
- CANADA
- TABLE 46: Canadian Warranty Management System Market Estimates and Forecasts in US$ Million by Software: 2020 to 2027
- TABLE 47: Canadian Warranty Management System Historic Market Review by Software in US$ Million: 2012-2019
- TABLE 48: Warranty Management System Market in Canada: Percentage Share Breakdown of Sales by Software for 2012, 2020, and 2027
- TABLE 49: Warranty Management System Market Analysis in Canada in US$ Million by Deployment: 2020-2027
- TABLE 50: Warranty Management System Market in Canada: Historic Review in US$ Million by Deployment for the Period 2012-2019
- TABLE 51: Canadian Warranty Management System Market Share Breakdown by Deployment: 2012 VS 2020 VS 2027
- TABLE 52: Canadian Warranty Management System Market Quantitative Demand Analysis in US$ Million by Vertical: 2020 to 2027
- TABLE 53: Warranty Management System Market in Canada: Summarization of Historic Demand Patterns in US$ Million by Vertical for 2012-2019
- TABLE 54: Canadian Warranty Management System Market Share Analysis by Vertical: 2012 VS 2020 VS 2027
- JAPAN
- TABLE 55: Japanese Market for Warranty Management System: Annual Sales Estimates and Projections in US$ Million by Software for the Period 2020-2027
- TABLE 56: Warranty Management System Market in Japan: Historic Sales Analysis in US$ Million by Software for the Period 2012-2019
- TABLE 57: Japanese Warranty Management System Market Share Analysis by Software: 2012 VS 2020 VS 2027
- TABLE 58: Japanese Medium & Long-Term Outlook for Warranty Management System Market in US$ Million by Deployment: 2020-2027
- TABLE 59: Warranty Management System Market in Japan in US$ Million by Deployment: 2012-2019
- TABLE 60: Japanese Warranty Management System Market Percentage Share Distribution by Deployment: 2012 VS 2020 VS 2027
- TABLE 61: Japanese Demand Estimates and Forecasts for Warranty Management System in US$ Million by Vertical: 2020 to 2027
- TABLE 62: Japanese Warranty Management System Market in US$ Million by Vertical: 2012-2019
- TABLE 63: Warranty Management System Market Share Shift in Japan by Vertical: 2012 VS 2020 VS 2027
- CHINA
- TABLE 64: Chinese Warranty Management System Market Growth Prospects in US$ Million by Software for the Period 2020-2027
- TABLE 65: Warranty Management System Historic Market Analysis in China in US$ Million by Software: 2012-2019
- TABLE 66: Chinese Warranty Management System Market by Software: Percentage Breakdown of Sales for 2012, 2020, and 2027
- TABLE 67: Warranty Management System Market Estimates and Forecasts in China in US$ Million by Deployment: 2020-2027
- TABLE 68: Chinese Warranty Management System Retrospective Market Scenario in US$ Million by Deployment: 2012-2019
- TABLE 69: Warranty Management System Market in China: Percentage Share Analysis by Deployment for 2012, 2020, and 2027
- TABLE 70: Chinese Demand for Warranty Management System in US$ Million by Vertical: 2020 to 2027
- TABLE 71: Warranty Management System Market Review in China in US$ Million by Vertical: 2012-2019
- TABLE 72: Chinese Warranty Management System Market Share Breakdown by Vertical: 2012 VS 2020 VS 2027
- EUROPE
- Market Facts & Figures
- European Warranty Management System Market: Competitor Market Share Scenario (in %) for 2019 & 2025
- Market Analytics
- TABLE 73: European Warranty Management System Market Demand Scenario in US$ Million by Region/Country: 2020-2027
- TABLE 74: Warranty Management System Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019
- TABLE 75: European Warranty Management System Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
- TABLE 76: European Warranty Management System Market Estimates and Forecasts in US$ Million by Software: 2020-2027
- TABLE 77: Warranty Management System Market in Europe in US$ Million by Software:
- A Historic Review for the Period 2012-2019
- TABLE 78: European Warranty Management System Market Share Breakdown by Software: 2012 VS 2020 VS 2027
- TABLE 79: European Warranty Management System Market Assessment in US$ Million by Deployment: 2020-2027
- TABLE 80: European Warranty Management System Historic Market Review in US$ Million by Deployment: 2012-2019
- TABLE 81: Warranty Management System Market in Europe: Percentage Breakdown of Salesby Deployment for 2012, 2020, and 2027
- TABLE 82: European Warranty Management System Addressable Market Opportunity in US$ Million by Vertical: 2020-2027
- TABLE 83: Warranty Management System Market in Europe: Summarization of Historic Demand in US$ Million by Vertical for the Period 2012-2019
- TABLE 84: European Warranty Management System Market Share Analysis by Vertical: 2012 VS 2020 VS 2027
- FRANCE
- TABLE 85: Warranty Management System Market in France by Software: Estimates and Projections in US$ Million for the Period 2020-2027
- TABLE 86: French Warranty Management System Historic Market Scenario in US$ Million by Software: 2012-2019
- TABLE 87: French Warranty Management System Market Share Analysis by Software: 2012 VS 2020 VS 2027
- TABLE 88: French Warranty Management System Market Estimates and Projections in US$ Million by Deployment: 2020-2027
- TABLE 89: French Warranty Management System Historic Market Analysis in US$ Million by Deployment: 2012-2019
- TABLE 90: French Warranty Management System Market Share Breakdown by Deployment: 2012 VS 2020 VS 2027
- TABLE 91: Warranty Management System Quantitative Demand Analysis in France in US$ Million by Vertical: 2020-2027
- TABLE 92: French Warranty Management System Historic Market Review in US$ Million by Vertical: 2012-2019
- TABLE 93: French Warranty Management System Market Share Analysis: A 17-Year Perspective by Vertical for 2012, 2020, and 2027
- GERMANY
- TABLE 94: Warranty Management System Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Software for the Period 2020-2027
- TABLE 95: German Warranty Management System Historic Market Analysis in US$ Million by Software: 2012-2019
- TABLE 96: German Warranty Management System Market Share Breakdown by Software: 2012 VS 2020 VS 2027
- TABLE 97: German Warranty Management System Latent Demand Forecasts in US$ Million by Deployment: 2020-2027
- TABLE 98: Warranty Management System Market in Germany: A Historic Perspective by Deployment in US$ Million for the Period 2012-2019
- TABLE 99: German Warranty Management System Market Share Breakdown by Deployment: 2012 VS 2020 VS 2027
- TABLE 100: Warranty Management System Market in Germany: Annual Sales Estimates and Forecasts in US$ Million by Vertical for the Period 2020-2027
- TABLE 101: German Warranty Management System Market in Retrospect in US$ Million by Vertical: 2012-2019
- TABLE 102: Warranty Management System Market Share Distribution in Germany by Vertical: 2012 VS 2020 VS 2027
- ITALY
- TABLE 103: Italian Warranty Management System Market Growth Prospects in US$ Million by Software for the Period 2020-2027
- TABLE 104: Warranty Management System Historic Market Analysis in Italy in US$ Million by Software: 2012-2019
- TABLE 105: Italian Warranty Management System Market by Software: Percentage Breakdown of Sales for 2012, 2020, and 2027
- TABLE 106: Warranty Management System Market Estimates and Forecasts in Italy in US$ Million by Deployment: 2020-2027
- TABLE 107: Italian Warranty Management System Retrospective Market Scenario in US$ Million by Deployment: 2012-2019
- TABLE 108: Warranty Management System Market in Italy: Percentage Share Analysis by Deployment for 2012, 2020, and 2027
- TABLE 109: Italian Demand for Warranty Management System in US$ Million by Vertical: 2020 to 2027
- TABLE 110: Warranty Management System Market Review in Italy in US$ Million by Vertical: 2012-2019
- TABLE 111: Italian Warranty Management System Market Share Breakdown by Vertical: 2012 VS 2020 VS 2027
- UNITED KINGDOM
- TABLE 112: United Kingdom Market for Warranty Management System: Annual Sales Estimates and Projections in US$ Million by Software for the Period 2020-2027
- TABLE 113: Warranty Management System Market in the United Kingdom: Historic Sales Analysis in US$ Million by Software for the Period 2012-2019
- TABLE 114: United Kingdom Warranty Management System Market Share Analysis by Software: 2012 VS 2020 VS 2027
- TABLE 115: United Kingdom Medium & Long-Term Outlook for Warranty Management System Market in US$ Million by Deployment: 2020-2027
- TABLE 116: Warranty Management System Market in the United Kingdom in US$ Million by Deployment: 2012-2019
- TABLE 117: United Kingdom Warranty Management System Market Percentage Share Distribution by Deployment: 2012 VS 2020 VS 2027
- TABLE 118: United Kingdom Demand Estimates and Forecasts for Warranty Management System in US$ Million by Vertical: 2020 to 2027
- TABLE 119: United Kingdom Warranty Management System Market in US$ Million by Vertical: 2012-2019
- TABLE 120: Warranty Management System Market Share Shift in the United Kingdom by Vertical: 2012 VS 2020 VS 2027
- REST OF EUROPE
- TABLE 121: Rest of Europe Warranty Management System Market Estimates and Forecasts in US$ Million by Software: 2020-2027
- TABLE 122: Warranty Management System Market in Rest of Europe in US$ Million by Software: A Historic Review for the Period 2012-2019
- TABLE 123: Rest of Europe Warranty Management System Market Share Breakdown by Software: 2012 VS 2020 VS 2027
- TABLE 124: Rest of Europe Warranty Management System Market Assessment in US$ Million by Deployment: 2020-2027
- TABLE 125: Rest of Europe Warranty Management System Historic Market Review in US$ Million by Deployment: 2012-2019
- TABLE 126: Warranty Management System Market in Rest of Europe: Percentage Breakdown of Sales by Deployment for 2012, 2020, and 2027
- TABLE 127: Rest of Europe Warranty Management System Addressable Market Opportunity in US$ Million by Vertical: 2020-2027
- TABLE 128: Warranty Management System Market in Rest of Europe: Summarization of Historic Demand in US$ Million by Vertical for the Period 2012-2019
- TABLE 129: Rest of Europe Warranty Management System Market Share Analysis by Vertical: 2012 VS 2020 VS 2027
- ASIA-PACIFIC
- TABLE 130: Warranty Management System Market in Asia-Pacific by Software: Estimates and Projections in US$ Million for the Period 2020-2027
- TABLE 131: Asia-Pacific Warranty Management System Historic Market Scenario in US$ Million by Software: 2012-2019
- TABLE 132: Asia-Pacific Warranty Management System Market Share Analysis by Software: 2012 VS 2020 VS 2027
- TABLE 133: Asia-Pacific Warranty Management System Market Estimates and Projections in US$ Million by Deployment: 2020-2027
- TABLE 134: Asia-Pacific Warranty Management System Historic Market Analysis in US$ Million by Deployment: 2012-2019
- TABLE 135: Asia-Pacific Warranty Management System Historic Market Analysis in US$ Million by Deployment: 2012 VS 2020 VS 2027
- TABLE 136: Warranty Management System Quantitative Demand Analysis in Asia-Pacific in US$ Million by Vertical: 2020-2027
- TABLE 137: Asia-Pacific Warranty Management System Historic Market Review in US$ Million by Vertical: 2012-2019
- TABLE 138: Asia-Pacific Warranty Management System Market Share Analysis: A 17-Year Perspectiveby Vertical for 2012, 2020, and 2027
- REST OF WORLD
- TABLE 139: Rest of World Warranty Management System Market Estimates and Forecasts in US$ Million by Software: 2020 to 2027
- TABLE 140: Rest of World Warranty Management System Historic Market Review by Software in US$ Million: 2012-2019
- TABLE 141: Warranty Management System Market in Rest of World: Percentage Share Breakdown of Sales by Software for 2012, 2020, and 2027
- TABLE 142: Warranty Management System Market Analysis in Rest of World in US$ Million by Deployment: 2020-2027
- TABLE 143: Warranty Management System Market in Rest of World: Historic Review in US$ Million by Deployment for the Period 2012-2019
- TABLE 144: Rest of World Warranty Management System Market Share Breakdown by Deployment: 2012 VS 2020 VS 2027
- TABLE 145: Rest of World Warranty Management System Market Quantitative Demand Analysis in US$ Million by Vertical: 2020 to 2027
- TABLE 146: Warranty Management System Market in Rest of World: Summarization of Historic Demand Patterns in US$ Million by Vertical for 2012-2019
- TABLE 147: Rest of World Warranty Management System Market Share Analysis by Vertical: 2012 VS 2020 VS 2027
- IV. COMPETITION
- Total Companies Profiled: 42