Global OBD Telematics Market Overview:
In OBD telematics, OBD port is installed in the Vehicles which helps in sending, receiving and storing information via telecommunication devices. It helps in monitoring the driving movements of a car. It records information such as location, speed, mileage driven and braking. Increasing security concerns and Upsurging demand of the automobile industry in emerging economies are driving the market of OBD telematics. Rising Concern about data security can hinder the growth of OBD Telematics.
Growth Drivers
- Growing Automobile Industry in Developing Countries
- Increasing Automobile Safety Concern Amongst People
Roadblocks
- Unexpected Technical Issues Can Cause Problems Monitoring the Vehicle Movement
Opportunities
- Increasing Demand of OBD Telematics from Emerging Markets
Challenges
- Rising Concerns Regarding Data Privacy can hinder the growth of this Market
Competitive Landscape:
Some of the key players profiled in the report are Continental AG (Germany), Xirgo Technologies (United States), CalAmp (Unite States), Geotab Inc. (Canada), Sinocastel (China), Actsoft Inc. (United States), Hirain Technologies (China), Automatic (United States), Mojio, Inc. (Canada) and Bosch (Germany). Additionally, following companies can also be profiled that are part of our coverage like Autonet (Romania). Analyst at AMA Research see United States Players to retain maximum share of Global OBD Telematics market by 2026. Considering Market by Sales Channel, the sub-segment i.e. Direct Channel will boost the OBD Telematics market.
What Can be Explored with the OBD Telematics Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global OBD Telematics Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in OBD Telematics
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global OBD Telematics market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in OBD Telematics market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes OBD Telematics Manufacturers, OBD Telematics Distributors and Suppliers, OBD Telematics International Traders, OBD Telematics Industrial Associations, Research and Development Institutes and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.