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(Transportation-News.com, January 26, 2024 ) As per Maximize Market research, the Home Warranty Service Market was USD 8.32 Billion in 2023 and is expected to grow at a CAGR of 6.72 percent over the forecast period to reach USD 13.12 Billion by 2030.
Home Warranty Service Market Report Scope and Research Methodology
The Home Warranty Service Market Report is a comprehensive study that delves into various aspects of the home warranty service industry, providing valuable insights into its scope and research methodology. The report aims to offer a detailed understanding of the market dynamics, trends, and key factors influencing the home warranty service sector. The report provides an overview of the home warranty service market, including its definition, key applications, and market segmentation.
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Home Warranty Service Market Dynamics
The growing emphasis on home enhancement and upkeep within the Home Warranty Service Market mirrors a larger trend observed among homeowners, highlighting an increased awareness of the significance of proactive property maintenance. With more individuals dedicating time and resources to enhance and sustain their residences.
Home Warranty Service Market Regional Insights
North America dominates the home warranty service market, capturing an impressive 42% share of the global market in 2023. The home warranty service sector in North America stands out as a mature and well-established industry, with a significant presence in both the United States and Canada.
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Home Warranty Service Market Segmentation
By Distribution Channel
Brokers
Agents and Branches
Others
By Sales Channel
Renewals
Home Resale
Direct to Customer
By Application
Residential
Commercial
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Home Warranty Service's Key Competitors include
AFC Home Club
Cinch Home Services, Inc.
First American Home Warranty
FNHW
Frontdoor, Inc.
Maximize Market Research is leading Consumer Goods and Services research firm, has also published the following reports:
Auto Extended Warranty Market- The market size is expected to reach USD 38.04 Bn. by 2029 at a CAGR of 6.8 percent during the forecast period.
Online On-Demand Home Services Market- The market size is expected to reach USD 8617.55 Mn. by 2029 at a CAGR of 40.5 percent during the forecast period.
About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities and technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics and communications, Internet of Things, Food and Beverages, Aerospace and defense, and other manufacturing sectors.
MAXIMIZE MARKET RESEARCH PVT. LTD.
Dnyaneshwari Yevale
09607365656
akash.r@maximizemarketresearch.com
Source: EmailWire.Com 
Source: EmailWire.com
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