The global connected roadside assistance solutions market was valued at USD 1,452.8 million in 2020 and is expected to grow at a CAGR of 15.2% over the forecast period. The adoption of internet enabled devices coupled with growing number of vehicles is anticipated to fuel market growth.
Adroit Market Research report on global connected roadside assistance solutions market gives a holistic view of the market from 2018 to 2028, which includes factors such as market drivers, restraints, opportunities, and challenges. The market has been studied for the period 2018 to 2028, with the base year of estimation as 2020 and forecast from 2021 to 2028. The report covers the current status and future traits of the market at global as well as country level. In addition, the study also assesses the market competition with Porter's five forces analysis and company positioning based on their product portfolio, geographic footprint, strategic initiatives and overall revenue. Prominent players operating in the global connected roadside assistance solutions market have been studied in detail.
North America currently holds the largest share in connected roadside assistance solutions market owing to the presence of significant number of major players across the region along with growing investments by the established firms. Furthermore, Asia Pacific is going to record growth at a faster pace on account of rising automobile demand across the region.
The prominent players operating in global connected roadside assistance solutions market includes Allstate Insurance Company, Best Roadside Service, Roadside Masters, Chubb Limited, Auto Vantage, Better World Club, Access Roadside Assistance, Allianz Worldwide Partners, Paragon Motor Club, Arabian Automobile Association among other prominent players.
Key segments of the global connected roadside assistance solutions market
Mechanic Service Overview, 2018-2028 (USD Million)
- Auto Manufacturer
- Motor Insurance
- Independent Warranty
- Others
Vehicles Overview, 2018-2028 (USD Million)
- Personal Vehicle
- Commercial Vehicle
Service Type Overview, 2018-2028 (USD Million)
- Towing
- Tire Replacement
- Fuel Delivery
- Others
Regional Overview, 2018-2028 (USD Million)
- North America
- U.S.
- Canada
- Europe
- Germany
- United Kingdom
- France
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- Central and South America
- Brazil
- Mexico
- Rest of Central and South America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East and Africa