Dallas, Texas, May 26, 2021 (GLOBE NEWSWIRE) -- The “Warranty Management System Market by Software (Claim Management, Vertical Contract, Warranty Intelligence, Administration Management), Vertical (Professional Vertical, System Integration, Customization Vertical),), Vertical (Automotive, Mining, Healthcare, Manufacturing, Supply Chain & Logistics, Others), Deployment (On-Premise, On-Demand), And by Region (North America, Europe, Asia Pacific, Middle East & Africa And South America), Global Forecast 2018 to 2028” study provides an elaborative view of historic, present and forecasted market estimates.
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The global Warranty Management System is expected to grow a CAGR of 11.73% with a market size of around USD 8.70 billion by 2028. The Warranty Management System is facing significant changes due to Increasing Competition in Automotive and Manufacturing Industries
The warranty management automates the entire process which includes campaigns, coverage, warranty, supplier cost recovery, warranty, and various other things. Also, rising competition between manufacturing and automotive has led to a rise in the market in the coming years.
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Rising market players have created opportunities in the market and there has been high growth in the region of APAC for manufacturing companies in terms of the warranty management market. Due to the rising demand from the customers, there has been a surge in the automation cost.
The Warranty Management System is segmented into North America, Europe, APAC, MEA, and Latin America. North America will grow with the highest market share due to rising market players in the region. The Asia Pacific will have the highest market share due to the rise in domestic demand and shift of focus to customer relationships.
The major players of the Warranty Management System are Oracle Corporation, Pegasystems Inc., PTC Inc., SAP SE, and various other players in the market. Most of the players are spread across various regions focusing on inorganic and organic strategies.
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Major Points from Table of Contents:
Chapter 1 Introduction
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Market Outlook
Chapter 5 Warranty Management Market by Software
Chapter 6 Warranty Management Market by Vertical
Chapter 7 Warranty Management Market by Verticals
Chapter 8 Warranty Management Market by Deployment
Chapter 9 Global Warranty Management Market By Region
Chapter 10 Competitive Landscape
Chapter 11 Company Profiles
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