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Extended Warranty Market Poised to Witness High Growth Owing to Rising Consumer Awareness

The extended warranty market provides customers with an optional extension of the original manufacturer's warranty, which offers coverage for repairing or replacing a product after the standard warranty expires. Extended warranties are commonly offered for vehicles, mobile devices, home appliances, consumer electronics, and furniture. They provide consumers with additional peace of mind by protecting them from unexpected costs of repairs that may occur outside the standard coverage period. The g
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