Vehicle Roadside Assistance Market Size Expected to Reach USD 43.60 Bn by 2032 [Yahoo! Finance]
Allstate Corporation (The) (ALL)
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Source: Yahoo! Finance
Ottawa, May 01, 2024 (GLOBE NEWSWIRE) -- The global vehicle roadside assistance market size was valued at USD 28.53 billion in 2023 and is predicted to hit around USD 41.93 billion by 2031, a study published by Towards Automotive a sister firm of Precedence Research. Roadside assistance is a vital service offering within the automotive industry, providing immediate aid to drivers experiencing vehicle breakdowns or emergencies while on the road. This service is typically facilitated by specialized companies, insurance providers, or automotive clubs, either as standalone programs or bundled with insurance policies or membership subscriptions. Designed to swiftly address a range of vehicle issues such as flat tires, dead batteries, engine failures, accidents, or lockouts, roadside assistance ensures drivers receive prompt assistance to either resolve the issue on-site or safely transport the vehicle to a designated location for further repairs. Central to the efficacy of roadside
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