Warranty Management System Market 2020

The Global Warranty Management System Market is estimated to grow at a CAGR of 14.42% during the forecast period 2018-2025. As per the detailed study of the global marketplace of the warranty management system industry, the market was valued ~$2.25 billion in the year 2017.

Warranty management system deals in contract and warranty management processes by offering integrated software to standardize and automate the warranty processes. The automated system of warranty management process includes various services such as supplier cost recovery, part return, warranty and contract tracking, contract management, administrating campaigns and product registrations and warranty coverage.