Posted 3/13/2024, 8:30:00 AM
Roadside Assistance Market Poised for Major Growth, Expected to Reach Nearly $40 Billion by 2032
- Vehicle Roadside Assistance Market valued at $24.3B in 2023, expected to reach $39.9B by 2032 (CAGR of 5.7%)
- Services help stranded vehicles due to breakdowns, accidents, flat tires, etc.
- Increasing demand due to growing number of vehicles and road accidents
- North America has significant market share due to rise in personal vehicle use and road trips
- Key players include Viking Assistance Group, Allstate Insurance, Agero Inc., Autovantage, Good Sam Enterprises