PUBLISHER: TechNavio | PRODUCT CODE: 1604085
PUBLISHER: TechNavio | PRODUCT CODE: 1604085
On-Board Diagnostics Telematics Market 2024-2028
The on-board diagnostics telematics market is forecasted to grow by USD 3379.4 mn during 2023-2028, accelerating at a CAGR of 14.2% during the forecast period. The report on the on-board diagnostics telematics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by government initiatives increasing adoption of obd telematics systems, increasing dependence on telematics for automotive services, and regulatory mandates leading to wider adoption.
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 11.9% |
CAGR | 14.2% |
Incremental Value | $3379.4 mn |
Technavio's on-board diagnostics telematics market is segmented as below:
By Type
By Geographical Landscape
This study identifies the standardization of telematics platform through next-generation telematics protocol (NGTP) as one of the prime reasons driving the on-board diagnostics telematics market growth during the next few years. Also, use of advanced analytics to optimize vehicle efficiency and increasing number of vehicle launches featuring connected technologies will lead to sizable demand in the market.
The report on the on-board diagnostics telematics market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading on-board diagnostics telematics market vendors that include Advantech Co. Ltd., BorgWarner Inc., CalAmp Corp., Continental AG, Danlaw Inc., GalileoSky Research Scientific Association LLC, Geotab Inc., Intel Corp., Insurance and Mobility Solutions, Mediatronic Pty Ltd., Raven Connected Inc., Robert Bosch GmbH, Sensata Technologies Inc., SenSight Technologies Pvt Ltd., Sinocastel Co. Ltd., SquareGPS Inc., Tenna LLC, Verizon Connect Telo Inc, and Zubie Inc.. Also, the on-board diagnostics telematics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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