The vehicle roadside assistance market involves services that are essential for assisting drivers facing unexpected mechanical breakdowns, accidents, or other emergencies. Services offered include tire changing, fuel delivery, lockout assistance, towing, extraction from ditches or mud, jumpstarts and more. With growing traffic and number of vehicles across the world, the need for roadside assistance has increased tremendously in case of emergencies while driving. The global vehicle population has grown exponentially in the last decade alone. Furthermore, the complexity in automobile technology has also increased the possibilities of car breakdowns. All these factors have driven the demand for vehicle roadside assistance plans and emergency roadside services.

The Global vehicle roadside assistance market is estimated to be valued at US$ 25.76 Bn in 2024 and is expected to exhibit a CAGR of 5.2% over the forecast period 2024 To 2031.

Key Takeaways
Key players operating in the Vehicle Roadside Assistance Market Growth are Agero Inc., ALD SA, Allianz SE, American Automobile Association Inc., ARC Europe SA, AutoVantage, Best Roadside Service, Camping World Holdings Inc., Falck Danmark AS, Assicurazioni Generali S.p.A., Honk Technologies Inc., Paragon Motor Club Inc., Prime Assistance Inc., RAC Group Holdings Ltd., Roda Assistance Pvt. Ltd., Sompo Holdings Inc., SOS International AS, The Allstate Corp., and Uber Technologies Inc.

Some of the key opportunities in the market include developing on-demand vehicle roadside assistance apps for convenience and launching innovative roadside assistance plans customized for fleet owners and commercial vehicles.

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