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Automotive On-Board Diagnostics (OBD) Market size is set to grow by USD 62.49 billion from 2024-2028, Increase in adoption of usage-based insurance (UBI) using OBD as measurement parameter to boost the market growth, Technavio

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NEW YORK, June 26, 2024 /PRNewswire/ — The global automotive on-board diagnostics (OBD) market  size is estimated to grow by USD 62.49 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  24.27%  during the forecast period.  Increase in adoption of usage-based insurance (UBI) using OBD as measurement parameter is driving market growth, with a trend towards growing focus on remote diagnostics. However, increase in cost for integration of telematics  poses a challenge. Key market players include Autel Intelligent Technology Co., AVL DiTEST GmbH, Bridgestone Corp., Continental AG, Dashboard Labs Corps., DENSO Corp., General Motors Co., Hearst Communications Inc., HELLA GmbH and Co. KGaA, Innova Electronics Corp., Intel Corp., iWave Systems Technologies Pvt. Ltd., Marelli Holdings Co. Ltd., Mercedes Benz Group AG, Moj.io Inc., OBD Solutions LLC, Robert Bosch GmbH, Vector Informatik GmbH, Verizon Communications Inc., and Zubie Inc..

Get a detailed analysis on regions, market segments, customer landscape, and companies – Click for the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Product (Allied services and OBD port), Vehicle Type (IC engine and Electric vehicle), and Geography (North America, APAC, Europe, Middle East and Africa, and South America)

Region Covered

North America, APAC, Europe, Middle East and Africa, and South America

Key companies profiled

Autel Intelligent Technology Co., AVL DiTEST GmbH, Bridgestone Corp., Continental AG, Dashboard Labs Corps., DENSO Corp., General Motors Co., Hearst Communications Inc., HELLA GmbH and Co. KGaA, Innova Electronics Corp., Intel Corp., iWave Systems Technologies Pvt. Ltd., Marelli Holdings Co. Ltd., Mercedes Benz Group AG, Moj.io Inc., OBD Solutions LLC, Robert Bosch GmbH, Vector Informatik GmbH, Verizon Communications Inc., and Zubie Inc.

Key Market Trends Fueling Growth

The Automotive On-Board Diagnostics (OBD) market involves remote systems that detect vehicle faults and transmit trouble codes to data centers. These data centers interpret the data and send it to drivers or technicians for preventive maintenance and scheduled service cycles. This reduces vehicle downtime and breakdowns, making remote diagnostics a valuable tool. Its popularity among fleet operators of passenger and commercial vehicles is increasing and is expected to continue during the forecast period. 

The Automotive On-Board Diagnostics (OBD) market is experiencing significant growth due to the increasing demand for vehicle efficiency and emissions reduction. Wireless technologies, such as Bluetooth and Wi-Fi, are trending in the OBD market, enabling real-time vehicle monitoring and analysis. Components like OBD sensors, gateways, and software are driving the market’s growth. Devices are becoming more compact and cost-effective, making them accessible to a broader consumer base. The market is also witnessing the integration of advanced features like predictive maintenance and vehicle tracking. OEMs and aftermarket players are investing in R&D to offer innovative solutions to cater to the evolving customer needs. The market is expected to continue its upward trajectory in the coming years. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The global automotive OBD market expansion relies heavily on telematics applications and services. OBD services are often included in bundled connected car offerings, utilizing the same TCU and hardware components. Subscription pricing is essential for market growth, and OEMs should offer OBD systems alongside other connected car services. However, customer reluctance to pay for these services, particularly in the mass market segment, poses a challenge. Effective business models are necessary to encourage user adoption and promote the value of connected car offerings within the complex value chain.The Automotive On-Board Diagnostics (OBD) market faces several challenges. One major challenge is the increasing complexity of vehicles, requiring advanced diagnostic tools to identify and repair issues. Another challenge is the need for standardization across different vehicle makes and models. Additionally, the rapid evolution of technology necessitates continuous updates to diagnostic software. Furthermore, data security and privacy concerns arise as vehicles become more connected. Lastly, the global nature of the market necessitates compliance with various regulations in different regions. Addressing these challenges requires continuous innovation and collaboration among industry players.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This automotive on-board diagnostics (obd) market report extensively covers market segmentation by

Product 1.1 Allied services1.2 OBD portVehicle Type2.1 IC engine2.2 Electric vehicleGeography 3.1 North America3.2 APAC3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 Allied services-  The Automotive On-Board Diagnostics (OBD) market refers to the sales and installation of diagnostic systems used in vehicles. These systems enable mechanics to identify and repair issues efficiently, enhancing vehicle performance and reducing downtime. The OBD market continues to grow due to increasing vehicle production and the demand for advanced diagnostic tools. Manufacturers focus on developing user-friendly systems with easy connectivity to ensure seamless integration with various vehicle models.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022)  – Download a Sample Report

Research Analysis

In the Information Age, the Automotive On-Board Diagnostics (OBD) market has experienced significant growth, particularly in the Wireless Communications sector. This technology is increasingly being utilized in In-Vehicle Electronics, including Location Technology, to enhance Insurance offerings through Telematics. Insurance carriers are leveraging OBD systems to monitor Risk Portfolios in the Fleet Management segment. Innova Electronics’ Diagnostic Device segment caters to both Handheld and PC/Laptop Based solutions. OBD tools facilitate Driver Behavior Monitoring, Emission Testing, and Supplementary Instrumentation. Consumer Telematics and Vehicle customization are also benefiting from OBD aftermarket products. The Internet of Things (IoT) is revolutionizing Automotive Production, leading to advancements in Fleet management, Vehicle maintenance, and Vehicle connectivity. Real-time data transmission and Remote Diagnostics are key features of the Connected Car Ecosystem.

Market Research Overview

The Automotive On-Board Diagnostics (Obd) market refers to the technology used for monitoring and diagnosing various systems in vehicles. This system enables vehicle owners and mechanics to identify and address issues related to emissions, fuel economy, and vehicle performance. The Obd market consists of various components such as sensors, diagnostic tools, and software. The market is driven by stringent emission norms and increasing consumer awareness towards vehicle maintenance. The Obd system is essential for both new and old vehicles, making it a growing market. The technology is continuously evolving, with advancements in wireless connectivity and cloud-based diagnostics. The Obd market caters to various vehicle types, including passenger cars, commercial vehicles, and two-wheelers. The market is expected to grow significantly due to the increasing demand for real-time vehicle data and predictive maintenance solutions.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductAllied ServicesOBD PortVehicle TypeIC EngineElectric VehicleGeographyNorth AmericaAPACEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Keeper Security Launches Integration With Wiz to Remediate Critical Cloud Vulnerabilities

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With new integration, Keeper’s identity security platform remediates vulnerabilities discovered by Wiz, enabling closed-loop protection across cloud environments.

CHICAGO, June 16, 2026 /PRNewswire/ — Keeper Security, the leading zero-trust and zero-knowledge identity security and Privileged Access Management (PAM) platform, today announces a new integration with Wiz, a leading cloud and AI security platform that is now part of Google Cloud. Joining the Wiz Integration Network establishes Keeper as a remediation engine for identity security vulnerabilities discovered by Wiz, closing the loop between cloud security detection and active risk resolution. When Wiz identifies an identity-related vulnerability, spanning human users, machine identities, AI agents and database accounts, it automatically surfaces the finding in Keeper’s Cloud Security dashboard, where security teams can review and remediate each issue directly within KeeperPAM®.

As cloud environments grow more complex, organizations face an expanding attack surface driven by the rapid proliferation of Non-Human Identities (NHIs), autonomous AI agents and over-privileged service accounts. Wiz surfaces these risks with unmatched cloud visibility and Keeper provides joint customers with an automated, trusted path from discovery to remediation.

“Finding a vulnerability is the first half of the battle,” said Craig Lurey, CTO and Co-founder of Keeper Security. “By integrating with Wiz, Keeper helps customers rotate compromised credentials, enforce privileged access management and reduce over-permissioned identities, turning Wiz’s detection power into faster, more decisive risk reduction. This is the future of cloud security – detection and remediation working as one, giving security teams a clear path from vulnerability discovery to resolution across the identities and workloads that matter most.”

“We’re happy to welcome Keeper to the Wiz Integration Network,” said Oron Noah, VP of Product, Extensibility & Partnerships at Wiz. “Together, we’re helping customers connect cloud risk findings with privileged access controls, making it easier to move from discovery to remediation. By bringing cloud visibility and access management into a unified workflow, teams can better secure both human and machine identities at scale.”

At the heart of the integration is a real-time workflow that transforms Wiz’s Issues into Keeper-driven remediation actions. When a Wiz customer enables the Keeper integration, Wiz scans the cloud environment for identity security vulnerabilities within Keeper’s remediation scope. Security teams can then select a finding and execute the appropriate remediation action through KeeperPAM:

Rotate compromised credentials and vault updated secretsBring unmanaged accounts under PAM governanceReduce excessive privileges for users, service accounts and IAM rolesMap Wiz Issues to existing PAM records or onboard new resourcesSubmit resolutions back to Wiz to close the loop on each finding

This tight integration bridges the gap between cloud security detection and identity security remediation, giving security teams a single, closed-loop workflow. Rather than manually triaging Wiz Issues and separately executing remediation steps in Keeper, KeeperPAM works alongside Wiz by automatically receiving identity-related Issues and streamlining the remediation steps. For teams, this results in accelerated Mean Time To Remediation (MTTR) and a dramatically reduced window of exposure before a vulnerability can be exploited.

The integration is especially powerful in AI-native environments, where autonomous agents and service accounts can rapidly accumulate excessive permissions across cloud infrastructure. Wiz’s AI Application Protection Platform (AI-APP) detects over-privileged AI agents, insecure service configurations and other AI-native risks. Keeper serves as a designated remediation engine, enforcing least privilege policies and enabling just-in-time access controls for AI agents in response. Together, they secure the full AI lifecycle from code to runtime, without requiring manual intervention from security teams.

Key benefits include:

Streamlined Identity Remediation: When Wiz discovers an identity security vulnerability, Keeper takes action – rotating compromised credentials, enforcing PAM controls and reducing excess privileges – streamlining the steps between detection and resolution.Closed-Loop Security Workflow: Connect Wiz’s industry-leading cloud and AI vulnerability detection directly to Keeper’s privileged access management platform for a complete detect-to-remediate pipeline that operates at cloud scale.Accelerated Mean Time to Remediation: By accelerating response to identity vulnerabilities at the moment of discovery, organizations dramatically shrink the window of exposure and reduce the risk of breach escalation.Comprehensive Identity Coverage: Remediation scope covers the full range of identity types, including human users, machine identities, AI agents and database accounts, ensuring no privileged entity goes unmanaged across cloud environments.

KeeperPAM, Keeper’s cloud-native privileged access management platform, unifies password, secrets and connections management with zero-trust network access, endpoint privilege management and remote browser isolation in a single solution. Built on a zero-trust and zero-knowledge architecture, KeeperPAM provides real-time visibility, automated credential security and AI-powered session monitoring to help organizations prevent breaches and maintain compliance across hybrid and multi-cloud environments.

By connecting detection directly to remediation, Keeper and Wiz give security teams the confidence that cloud risks are not just visible, but actively resolved. KeeperPAM’s zero-trust architecture ensures every remediation action maintains a verifiable chain of custody – from Wiz’s initial finding through to Keeper’s corrective action – supporting both continuous compliance and audit readiness.

Keeper’s integration with Wiz is available now. Review the full release notes in the Keeper documentation.

About Keeper Security
Keeper Security is the leading zero-trust and zero-knowledge identity security solution, trusted by millions of people and thousands of organizations globally. KeeperPAM® is Keeper’s privileged access management platform that unifies password and passkey management, secrets management, privileged session management and endpoint privilege management in a single cloud-native platform, protected with quantum-resistant encryption. KeeperAI delivers real-time, AI-native threat detection across every privileged session. As AI agents proliferate and identity becomes the defining attack surface, Keeper governs access for humans, machines, non-human identities and AI agents, serving as the unified control plane for access, compliance and visibility across the enterprise. For more information, visit KeeperSecurity.com.

Learn more: KeeperSecurity.com

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Media Contact
Katherine Benfield
ICR for Keeper Security
keepersecurity@icrinc.com

 

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Benzinga Launches Institutional Portfolio Intelligence API for Faster Institutional Ownership Intelligence

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DETROIT, June 16, 2026 /PRNewswire/ — Benzinga, a leading provider of market intelligence and financial data APIs, today announced the launch of its Institutional Portfolio Intelligence API. The new dataset is designed to help brokerages, fintech platforms, quantitative researchers, and investor applications uncover signals hidden within hedge fund and institutional portfolios.

The dataset provides institutional holdings, capital flow trends, portfolio analytics, and ownership intelligence across more than 11,000 U.S. equities and ETFs. It delivers portfolio intelligence covering more than 8,000 hedge funds and institutional managers representing over $50 trillion in assets under management.

Unlike many institutional ownership datasets that refresh on quarterly reporting cycles, Benzinga’s Institutional Portfolio Intelligence API instantly incorporates newly filed 13F disclosures as they become available. Firms can use this data to identify emerging trends, monitor shifts in institutional conviction, and uncover actionable insights from large-scale portfolio activity sooner.

As investors seek deeper insights beyond traditional market data, understanding how professional money managers allocate capital has become an increasingly valuable source of intelligence.

“While institutional holdings are reported quarterly, the market doesn’t wait for quarterly data refreshes,” said Clint Rhea, Manager of Institutional and Channel Partnerships at Benzinga. “Our Institutional Portfolio Intelligence API captures new 13F disclosures as they are filed, allowing clients to identify position initiations, exits, and conviction changes from some of the world’s largest investors as quickly as possible. Whether you’re monitoring a crowded short, tracking institutional accumulation, validating an investment thesis, or understanding how professional money managers are allocating capital, speed and breadth of coverage matter. This dataset delivers on all of them.”

Key capabilities of the Institutional Portfolio Intelligence API include:

Institutional holdings and portfolio dataOwnership trends and capital flow analysisConsensus fund positioning insightsPortfolio concentration and allocation analyticsOutlier trade and conviction signal identificationHistorical coverage dating back to 2013Coverage across 11,000+ U.S. equities and ETFs (and 20,000+ delisted tickers)Fund sentiment by ticker, theme, industry or sectorFund performance and copy-traded returnsFund P/L and other fund manager metricsReal-time raw filings and insights

The dataset is designed for integration into brokerage platforms, portfolio research tools, screening applications, quantitative models, and investor-facing experiences. Available via API, WebSockets, and flat file delivery, the solution enables firms to incorporate institutional intelligence directly into their products and workflows.

The launch further expands Benzinga’s growing suite of institutional-grade market data solutions, helping clients build more informed investing experiences powered by actionable intelligence, alternative datasets, and more timely visibility into institutional portfolio activity.

About Benzinga

Benzinga is a leading financial media and data technology company that empowers investors with high-quality, real-time market intelligence. Through its news platform, APIs, and data products, Benzinga provides traders, financial institutions, and fintech platforms with the insights they need to make smarter investment decisions. From breaking news and analyst ratings to corporate events and alternative datasets, Benzinga’s tools help market participants stay ahead of the information that drives price movement.

To learn more, visit www.benzinga.com/apis/.

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Made Card and Multiply Mortgage Partner to Extend Homeowner Benefits Beyond Closing Day

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NEW YORK, June 16, 2026 /PRNewswire/ — Made Card, the first credit card purpose-designed for the homeowner, today announced a partnership with Multiply Mortgage, the leading provider of homeownership benefits, helping employees across 1,200+ employers finance homes with lower rates and concierge-level support through their workplace.

Made is designed for what comes after closing day. Multiply connects employees to expert loan advisors and competitive rates through a workplace benefit. Made picks up where the mortgage leaves off, turning unavoidable home costs into a measurable financial return. Through the partnership, homebuyers who finance with Multiply will receive access to a suite of exclusive benefits built for new homeowners including a sign-on bonus redeemable toward closing costs and elevated cashback on mortgage payments, utilities, maintenance, and repairs.

“This partnership is a personal one for me,” said Alex Song, Co-Founder of Made Card. “Two years ago, Multiply helped me buy my own home, and I believed in what they were building so much that I became one of their earliest investors. Today we get to build together as operators. Multiply reaches homebuyers at the exact moment they are making the largest financial decision of their lives, and they do it with a level of care I experienced firsthand. Connecting that moment to Made is exactly what this card was built for.”

“Multiply exists to make homeownership more accessible and less stressful, and Made Card extends that mission past closing day,” said Michael White, Co-Founder and CEO of Multiply Mortgage. “Our clients are navigating the biggest purchase of their lives. Pairing that with a card built around what owning actually costs is exactly the benefit our customers deserve.”

About Made Card
Made is building the first credit card purpose-designed for the homeowner’s expenses: the predictable bills, the unexpected ones, and the administrative and emotional weight that no existing financial product was built to address. Turning that unavoidable cost into a measurable financial return, Made addresses a spend category every other card ignores and is building the next-gen home ecosystem.

About Multiply Mortgage
Multiply Mortgage helps employees navigate the largest purchase of their lives: buying a home. Multiply’s financial wellness benefit offers mortgage interest rate discounts and personalized guidance throughout the home financing process, all with zero cost or administrative overhead for the company.

Media Contact
media@madecard.com
madecard.com

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