The extended warranty market is experiencing robust growth, with its global value hitting USD 147.1 billion in 2024. According to the IMARC Group, the market is projected to reach USD 239.0 billion by 2033, expanding at a CAGR of 5.5% from 2025 to 2033. This growth is fueled by the increasing demand for financial protection against unexpected product failures, surging sales of high-ticket consumer goods, and the growing complexity of modern electronics, appliances, and vehicles. As consumers seek added peace of mind and manufacturers navigate higher product intricacy, extended warranties are becoming a vital component of the post-sale experience.