Lewes, DE -- (SBWIRE) -- 12/21/2018 -- Global OBD Telematics market will register a 10.5% CAGR in terms of revenue, reach US$ 2420 million by 2023, from US$ 1330 million in 2017

OBD Telematics is a technology of sending, receiving and storing information via telecommunication devices which can provide details of vehicle for consumer, with a OBD port in vehicles.

OBD telematics is mainly composed of three parts: OBD terminal (hardware and plug-in OBD interface), software (mobile phone APP) and cloud platform.

OBD Telematics is a technology of sending, receiving and storing information via telecommunication devices which can provide details of vehicle for consumer, with a OBD port in vehicles.

OBD telematics is mainly composed of three parts: OBD terminal (hardware and plug-in OBD interface), software (mobile phone APP) and cloud platform.

The OBD Telematics market is relatively concentrated; the revenue of top thirteen manufacturers accounts about 72% of the total revenue in 2016. The high-end products mainly come from USA and Europe.

Over the next five years, study projects that OBD Telematics will register a 10.5% CAGR in terms of revenue, reach US$ 2420 million by 2023, from US$ 1330 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of OBD Telematics market by product type, application, key manufacturers and key regions.

To calculate the market size, study considers value and volume generated from the sales of the following segments:
Segmentation by product type:
SIM Card Type
Wifi Type
Others
Segmentation by application:
Repair Technicians
State Agencies
Vehicle Owners
Vehicle and Engine Manufacturers
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Delphi
Continental
Bosch
LG
Geotab
Danlaw
CalAmp
Automatic
Dash
Zubie
Xirgo Technologies
Mojio
Autonet.

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global OBD Telematics consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of OBD Telematics market by identifying its various subsegments.
Focuses on the key global OBD Telematics manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the OBD Telematics with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of OBD Telematics submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Spanning over 159 pages "Forecast of Global OBD Telematics Consumption Market 2023" report covers Scope of the Report, Executive Summary, Global OBD Telematics by Players, OBD Telematics by Regions, Market Drivers, Challenges and Trends, Marketing, Distributors and Customer, Global OBD Telematics Market Forecast, Key Players Analysis, Research Findings and Conclusion.

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