What is the current Warranty Management System Market size?

The Warranty Management System Market is projected to register a CAGR of 13.90% during the forecast period (2024-2029) Read More

Who are the key players in Warranty Management System Market?

Oracle Corporation, Wipro Limited, Pegasystems Inc., IBM Corporation and Tavant are the major companies operating in the Warranty Management System Market. Read More

Which is the fastest growing region in Warranty Management System Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Warranty Management System Market?

In 2024, the North America accounts for the largest market share in Warranty Management System Market. Read More

What years does this Warranty Management System Market cover?

The report covers the Warranty Management System Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Warranty Management System Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Warranty Management Market - Solutions, Services & Size

Warranty Management System Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Global Warranty Management System Market is Segmented by Deployment Type (On-premise and Cloud), Software Type (Warranty Intelligence, Claim Management, Service Contract, and Administration Management), Component (Solutions and Services), End-user Industry (Industrial Equipment, Automotive and Transportation, Consumer Durable, Construction/Building Materials, Medical Devices, and Aerospace and Defense), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle-East and Africa). The market sizes and forecasts are provided in terms of value (USD Billion) for all the above segments.

Warranty Management System Industry Overview

The warranty management systems market is moderately consolidated, with few market players holding significant market share. The major players with prominent shares in the market are focusing on expanding their customer base across foreign countries. The companies are leveraging strategic collaborative initiatives to increase their market shares and profitability.

In November 2022, Tavant, a digital products and solutions company and one of the global leaders in service lifecycle management, announced that it partnered with Daimler Truck AG (DTAG), one of the world's largest commercial vehicle manufacturers, to provide warranty and claim management solutions for its European brands.

In May 2022, driving forward with its ambitious business transformation and change strategy for WMS Group (UK) Ltd (WMS), Opteven introduced its highly accessible and market-leading online claims platform for WMS dealers and repairers. It is designed to significantly simplify and speed up the process of making warranty claims. The new platform will reduce administration time while offering a comprehensive and exceptional customer service experience.