According to the Regional Research Reports, the Global Automotive Over-The-Air Update Market is projected to reach USD 14.04 billion by 2030 from USD 3.25 billion in 2021. The global automotive over-the-air update market is projected to grow at a CAGR of 17.2% from 2022 to 2030.
Increasing demand for connected vehicles globally will likely augment the industry’s growth. Connected vehicles are equipped with advanced infotainment and telematics systems, which require over-the-air updates. Automotive OTA updates enable vehicle owners to update their connected vehicle platforms without taking the vehicle to a service center. The increasing demand for autonomous vehicles is further propelling the market demand.
Global Automotive Over-The-Air Update Market Segmentation
Regional Research Reports has segmented the global automotive over-the-air update market based on technology, propulsion, vehicle type, and application at a regional and global level. Geographically, the research report has considered the five regions: North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Moreover, the research study focuses on the market analysis of the tier-1 countries, such as the USA, China, Germany, India, the U.K., Japan, France, Italy, Spain, Russia, South Korea, and other territories.
Global Automotive Over-The-Air Update Market Analysis by Technology
- Firmware Over The Air
- Software Over The Air
Global Automotive Over-The-Air Update Market Analysis by Propulsion
- I.C.Engine
- Electric Vehicle
Global Automotive Over-The-Air Update Market Analysis by Vehicle Type
- Passenger Car
- Light Commercial Vehicle
- Heavy Commercial Vehicle
Global Automotive Over-The-Air Update Market Analysis by Application
- Electronic Control Unit (Ecu)
- Infotainment
- Safety & Security
- Telematics Control Unit (Tcu)
- Others
Global Automotive Over-The-Air Update Market Growth, by Region and Country, 2018-2021, 2022-2030 (US$ Millions)
Global Automotive Over-The-Air Update Market Analysis by Region and Country
- North America (US, Canada, Mexico)
- Europe (Germany, UK, France, Italy, Spain, Russia, Switzerland, Poland, Belgium, the Netherlands, Norway, Sweden, Czech Republic, Slovakia, Slovenia, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Thailand, Malaysia, Vietnam, Singapore, Australia & New Zealand, Rest of Asia Pacific)
- South America (Brazil, Argentina, Peru, Colombia, Rest of South America)
- The Middle East & Africa (UAE, Saudi Arabia, South Africa, Egypt, Qatar, Northern Africa, Rest of MEA)
Global Automotive Over-The-Air Update Market Competitive: Key Players
The report includes a comprehensive analysis of leading market players, such as:
- Key companies Automotive Over-The-Air Update revenues in the global market, 2018-2021 (Estimated), (US$ Millions)
- Key companies Automotive Over-The-Air Update revenues market share in global market, 2021 (%)
- Key companies Automotive Over-The-Air Update sold in the global market, 2018-2021 (Estimated)
Leading Automotive Over-The-Air Update Manufacturers –
- Robert Bosch GmbH
- NXP Semiconductors N.V
- Verizon Communications Inc.
- Continental AG
- Infineon Technologies AG
- Qualcomm Incorporated
- Intel Corporation
- HARMAN International
- Airbiquity Inc
- Aptiv
- HERE Technologies
- BlackBerry QNX Software Systems Limited
- Garmin Ltd.
- Intellias Ltd.
(Note: The list of the key market players can be updated with the latest market scenario and trends)
Automotive Over-The-Air Update Market Report Covers Comprehensive Analysis On:
- Market Segmentation & Regional Analysis
- Market Size of 10 years
- Pricing Analysis
- Supply & Demand Analysis
- Terrain Life Cycle Analysis
- Porter's Five Forces & Value/Supply Chain Analysis
- Developed & Emerging Economies Analysis
- PESTEL Analysis
- Market and Forecast Factor Analysis
- Market Opportunities, Risks, & Trends
- Conclusion & Recommendation
- Regulatory Landscape
- Patent Analysis
- Competition Landscape
- 15+ Company Profiles
Automotive Over-The-Air Update Market Research Methodology
The report is based on analysis through extensive secondary research and primary Interviews.
The secondary data sources include the company website, annual reports, investor presentations, press releases, white papers, journals, certified publications, government websites, and articles from the industry.
Similarly following is the list of a few paid secondary sources/databases,
- Factiva
- Statista
- D&B Hoovers
- Owler
- Enlyft
- HG Insights
- Bloomberg
- Crunchbase
The primary sources include CXOs, VPs, directors, propulsion & innovation directors, terrain managers, and related executives from key organizations from both the supply and demand sides. Similarly, we have also interviewed various end user organizations. We cannot reveal the application organizations due to non-disclosure agreements.
For instance, the region forecast is based on extensive secondary research and primary Interviews. We have conducted primary interviews across the regions to get more region-specific insights. Additionally, primary interviews were conducted with independent consultants and subject matter experts in respective regions. These experts were interviewed to obtain qualitative and quantitative information related to the market and validate the research findings and estimations. The primary and secondary data inputs referred for triangulation and forecast for the region segment are as follows,
- Top Player's historic revenues and Year on Year Growth
- Top Players' regional presence and revenue patterns
- Recent Developments and strategies of vendors and end users (E.g., Mergers & Acquisitions, Partnerships, New Terrain Launch, and others)
- R&D Investments & Innovation Landscape
- Start-up Ecosystem and Funding Initiatives
- Regulatory Environment and Implications (Country or region Specific)
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