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Vehicle Roadside Assistance Global Industry and Country-Level Market Analysis 2025-2030, Featuring GEICO, Viking Assistance Group, ARC Europe, Allstate Insurance Company, Agero and More

1. Vehicle roadside assistance market to grow from $26.58B in 2024 to $35.36B by 2030. 2. AI and IoT technologies are enhancing service efficiency and customer experience. 3. Electric and autonomous vehicle trends require specialized assistance services. 4. Challenges include varying service quality and cybersecurity concerns.

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Why Bullish?

The projected market growth indicates increased demand for related services. Historical data shows similar trends often lead to stock price increases for companies in correlated sectors.

How important is it?

The article’s focus on market growth provides actionable insights for all stakeholders. Companies in sectors related to vehicle assistance or technology integration could offer valuable investment opportunities.

Why Long Term?

Long-term industry trends like EV adoption indicate sustained revenue growth. Companies that innovate in response to these trends usually see prolonged benefits.

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Dublin, May 20, 2025 (GLOBE NEWSWIRE) -- The "Vehicle Roadside Assistance Market Size, Share & Trends Analysis Report by Service Type (Towing, Tire Replacement), Provider (Auto Manufacturer, Motor Insurance), Vehicle Type (Passenger Cars, Commercial Vehicles), Region, with Growth Forecasts, 2025-2030" report has been added to ResearchAndMarkets.com's offering.The Vehicle Roadside Assistance Market was valued at USD 26.58 Billion in 2024, and is projected to reach USD 35.36 Billion by 2030, rising at a CAGR of 5%. The rise in vehicle ownership globally, coupled with increasing traffic volumes, has led to a higher incidence of breakdowns and accidents, thereby driving the demand for roadside assistance services. In addition, the growing awareness of road safety, alongside the expansion of service offerings by major players, including subscription models, is further propelling market growth.The rising integration of advanced technologies such as artificial intelligence (AI), global positioning system (GPS), telematics, and Internet of Things (IoT) in roadside assistance operations is propelling the growth of the market. For instance, AI is used to optimize vehicle dispatching by ensuring that the nearest service provider arrives at the customer quickly. AI also analyzes factors such as traffic, location, and the type of service needed to make real-time decisions, enhancing efficiency and response times. In addition, with telematics systems, vehicles can transmit real-time data to service providers, enabling them to quickly diagnose issues and determine the best course of action. This technology allows for faster response times and more accurate service, reducing downtime and enhancing the overall customer experience.Furthermore, mobile applications are becoming a cornerstone of modern roadside assistance services. These applications offer users a convenient platform to request help, track service progress, and communicate with service providers. Enhanced features such as in-app chat, real-time tracking, and digital payment options streamline the assistance process and improve user satisfaction. Mobile applications also allow for more transparent service tracking and status updates, providing users with greater satisfaction during stressful situations. Thus, the increased adoption of mobile applications provided by roadside assistance providers is further improving the growth of the market.The rising adoption of electric and autonomous vehicles across the globe is another major trend in the vehicle roadside assistance industry. These vehicle types are becoming more prevalent, prompting roadside assistance providers to adapt services to meet their unique requirements. For electric vehicles (EVs), this means equipping technicians with specialized training and tools for battery issues and charging support. For autonomous vehicles, providers are developing new protocols for handling advanced technology and addressing potential software-related issues. Thus, the rising demand for battery assistance services due to the increased number of electric vehicles on the roads is boosting the market's growth.Despite the growth and advancements in the vehicle roadside assistance market, several restraining factors, such as varying levels of service quality and cybersecurity concerns, could hamper the growth of the market. As vehicles, infrastructure, and service platforms become more interconnected through the internet, they become more vulnerable to cyber threats. Hackers could potentially compromise smart road systems or vehicle networks, leading to disruptions such as traffic jams, accidents, or unauthorized access to personal data. This poses a significant risk to operational efficiency, user safety, and privacy. In addition, ensuring robust cybersecurity measures, such as advanced firewalls and secure protocols, requires substantial investment and technical expertise, which can be a barrier for some providers.Global Vehicle Roadside Assistance Market Report: SegmentationThis report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, the analyst has segmented the global vehicle roadside assistance market report based on service type, provider, vehicle type, and region.Service Type Outlook (Revenue, USD Million, 2018-2030) TowingTire ReplacementFuel DeliveryLockout/Replacement Key ServiceBattery AssistanceOthers Provider Outlook (Revenue, USD Million, 2018-2030) Motor InsuranceAuto ManufacturerAutomotive ClubsIndependent Warranty Providers Vehicle Type Outlook (Revenue, USD Million, 2018-2030) Passenger CarsCommercial Vehicles Regional Outlook (Revenue, USD Million, 2018-2030) North AmericaEuropeAsia-PacificLatin AmericaMiddle East and Africa (MEA) The companies profiled in this Vehicle Roadside Assistance market report include: GEICOViking Assistance Group ASARC EuropeAllstate Insurance CompanyAgero, Inc.Prime Assistance Inc.SOS International A/SAllianz PartnersAmerican Automobile AssociationBest Roadside ServiceAccess Roadside AssistanceNational General Motor ClubLiberty Mutual InsuranceChevroletFord Motor CompanyNissan Motor Corporation Why Should You Buy This Report? Comprehensive Market Analysis: Gain detailed insights into the market across major regions and segments.Competitive Landscape: Explore the market presence of key players.Future Trends: Discover the pivotal trends and drivers shaping the future of the market.Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions. This report addresses: Market intelligence to enable effective decision-makingMarket estimates and forecasts from 2018 to 2030Growth opportunities and trend analysesSegment and regional revenue forecasts for market assessmentCompetition strategy and market share analysisProduct innovation listings for you to stay ahead of the curve Key Attributes Report AttributeDetailsNo. of Pages130Forecast Period2024-2030Estimated Market Value (USD) in 2024$26.58 BillionForecasted Market Value (USD) by 2030$35.36 BillionCompound Annual Growth Rate5%Regions CoveredGlobal For more information about this report visit https://www.researchandmarkets.com/r/fi0ya0 About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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