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The on-board diagnostics telematics market size is forecast to increase by USD 3.38 billion, at a CAGR of 14.2% between 2023 and 2028. The market is experiencing significant growth due to increasing government initiatives mandating the use of OBD systems for vehicle maintenance and emissions control. These computerized systems, which monitor car performance through sensors and vehicle data, have a long history, dating back to the late 1990s. The standardization of telematics platforms through next-generation telematics protocol (NGTP) is driving market growth, enabling seamless data transfer and analysis. However, the increasing adoption of embedded telematics systems in vehicles poses a growing threat to the market. As vehicle manufacturers integrate telematics capabilities directly into their vehicles, independent OBD systems may face decreased demand. Nonetheless, the market's potential for real-time vehicle diagnostics and history of successful emissions control applications make it an attractive area for innovation and investment.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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