NEWS RELEASES
Editor's Note: This news item was retrieved through PR Newswire's website.
LOS ANGELES (PR Newswire) - Acumen Research and Consulting reports that the global vehicle roadside assistance market size is poised to reach $29 billion by 2026. Increasing adoption of technologically advanced products in order to provide better service such as remote assistance and real time locator, coupled with various discounts offerings during the peak working hours in order to attract customers is expected create new opportunities in terms of revenue further supporting the growth.According to a press release, Roadside assistance coverage helps the driver in critical situations such as when the vehicle breaks down on highways and remote locations. In this the vehicle insurance company and the roadside assistance service provider's partner with each other in order to provide the service. In this the closest and reliable service provider is sent on the location for assistance. In the roadside assistance policy various services are covered such as fuel delivery, car towing, battery service, flat tire service. Moreover, rising awareness among consumers, coupled with service providers providing advanced services such as real time location, flat rate pricing, transparency are among other factors that are expected to positively impact the global market growth. A full report of the market research from Acumen Research and Consulting can be found here.