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Home Warranty Service Global Market Report 2025
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¹ßÇàÀÏ : On Demand Report
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Home warranty services are contractual agreements between homeowners and warranty companies that cover repair and replacement costs for home systems and appliances. These services offer homeowners financial protection and convenience in managing home repairs and replacements.

The primary types of home warranty services include home systems, appliances, and others. A home systems warranty provides coverage for the repair and replacement of major home systems that break down due to normal wear and tear. These warranties can be distributed through various channels, including direct sales, agents or brokers, and other methods, and are applicable to both residential and organizational purposes.

The home warranty services market research report is one of a series of new reports from The Business Research Company that provides home warranty services market statistics, including home warranty services industry global market size, regional shares, competitors with a home warranty services market share, detailed home warranty services market segments, market trends and opportunities, and any further data you may need to thrive in the home warranty services industry. This home warranty services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The home warranty service market size has grown strongly in recent years. It will grow from $8.47 billion in 2024 to $9.13 billion in 2025 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to increased home ownership, complexity of home systems, increased awareness among consumers, economic factors, and aging housing stock.

The home warranty service market size is expected to see strong growth in the next few years. It will grow to $12.18 billion in 2029 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to increasing awareness and demand for protection plans, urbanization and condo living, financial flexibility and budgeting, and rising customer expectations and satisfaction. Major trends in the forecast period include enhanced mobile apps and online portals, cybersecurity for connected devices, remote monitoring and control, customization and flexible plans, and digital platforms and mobile apps.

The growth of the home warranty service market is expected to be fueled by rising homeownership rates. Homeownership involves owning a residential property and managing its maintenance and responsibilities. As real estate becomes a more attractive investment and more accessible to a broader audience, homeownership rates are increasing. Home warranty services offer financial protection and peace of mind by covering the repair and replacement costs of major home systems and appliances. For example, according to the National Association of Home Builders, homeownership rates increased by 0.3 percentage points for households aged 35-44 in the first quarter of 2023, and those aged 65 and older saw their rates rise to 78.8% from 78.6% the previous year. This increase in homeownership rates is driving the demand for home warranty services.

Companies in the home warranty service market are focusing on advanced solutions with embedded home warranty protection to enhance convenience and integrate coverage into property transactions. Embedded home warranty protection refers to coverage automatically included in property transactions, providing immediate protection without separate agreements. For instance, in April 2023, Sure Inc., a US-based developer of infrastructure and distribution platforms, launched an embedded home warranty protection solution. This offering allows partners and property management platforms to integrate home warranty protection into their digital services using Sure's APIs and white-label platform, simplifying the purchasing process for consumers.

In February 2022, Super, a US-based insurance technology company specializing in subscription-based home care, acquired Platinum Home Warranty for an undisclosed amount. This acquisition aims to enhance home care services by integrating the strengths of both companies, improving service quality, and reducing risks through a combined network of in-house technicians and contracted providers. Platinum Home Warranty is a US-based provider offering various homeowners warranty plans.

Major companies operating in the home warranty service market are Transform SR Brands LLC, Old Republic International Corporation, Cross Country Home Services Inc., HomeServe USA Corp., Frontdoor Inc., American Home Shield Corporation, First American Home Warranty Corporation, 2-10 Home Buyers Warranty, Home Buyers Warranty Corporation, Fidelity National Home Warranty Company, OneGuard Home Warranties LLC, Home Warranty of America Inc., Landmark Home Warranty LLC, Liberty Home Guard LLC, ARW Home Services LLC, The Home Service Club Ltd., Platinum Home Warranty LLC, Secure Home Warranty LLC, American Financial Contracting Group Inc., Select Home Warranty LLC, Choice Home Warranty, First Premier Home Warranty, Home Warranty Inc., HomeGuard Home Warranty Inc.

North America was the largest region in the home warranty service market in 2024. The regions covered in the home warranty service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the home warranty service market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The home warranty service market includes revenues earned by entities by providing services such as coverage plans, repair and replacement, customer service and support, contractor networking, and optional coverage. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Home Warranty Service Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on home warranty service market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Where is the largest and fastest growing market for home warranty service ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The home warranty service market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.

Scope

Table of Contents

1. Executive Summary

2. Home Warranty Service Market Characteristics

3. Home Warranty Service Market Trends And Strategies

4. Home Warranty Service Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Covid And Recovery On The Market

5. Global Home Warranty Service Growth Analysis And Strategic Analysis Framework

6. Home Warranty Service Market Segmentation

7. Home Warranty Service Market Regional And Country Analysis

8. Asia-Pacific Home Warranty Service Market

9. China Home Warranty Service Market

10. India Home Warranty Service Market

11. Japan Home Warranty Service Market

12. Australia Home Warranty Service Market

13. Indonesia Home Warranty Service Market

14. South Korea Home Warranty Service Market

15. Western Europe Home Warranty Service Market

16. UK Home Warranty Service Market

17. Germany Home Warranty Service Market

18. France Home Warranty Service Market

19. Italy Home Warranty Service Market

20. Spain Home Warranty Service Market

21. Eastern Europe Home Warranty Service Market

22. Russia Home Warranty Service Market

23. North America Home Warranty Service Market

24. USA Home Warranty Service Market

25. Canada Home Warranty Service Market

26. South America Home Warranty Service Market

27. Brazil Home Warranty Service Market

28. Middle East Home Warranty Service Market

29. Africa Home Warranty Service Market

30. Home Warranty Service Market Competitive Landscape And Company Profiles

31. Home Warranty Service Market Other Major And Innovative Companies

32. Global Home Warranty Service Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Home Warranty Service Market

34. Recent Developments In The Home Warranty Service Market

35. Home Warranty Service Market High Potential Countries, Segments and Strategies

36. Appendix

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