An significant Automotive Over-The-Air (OTA) Market research report has been created using a thorough and competent investigation, taking into account the needs of the customer. This outstanding market study assesses the market's current condition, market share and size, revenue from product sales, and necessary modifications that must be made to future items. With the newest technologies, creative programs, and new abilities, it makes the process of gaining insightful market knowledge easier and will undoubtedly help businesses achieve their objectives. A thorough analysis of the product specs, revenue, cost, pricing, gross capacity, and production is also included in the first-rate Automotive Over-The-Air (OTA) Market research.

The most current market data is included in the Automotive Over-The-Air (OTA) Market business research, enabling organizations to have a thorough understanding of the sector and potential developments. Businesses can build up creative concepts and impressive sales targets and gain a competitive edge over their rivals by taking inspiration from their rivals' marketing methods. Gaining a worldwide perspective for international business has gotten easier with the help of the market data included in this study. Therefore, a keyword market analysis study is a crucial instrument for increasing business activity, producing high-quality work, and increasing earnings.

Explore Further Details about This Research Automotive Over-The-Air (OTA) Market Report https://www.databridgemarketresearch.com/reports/global-automotive-ota-market

According to a recent study, approximately 125 million connectivity-embedded passenger cars are to be shipped in the 2018-2022. This increasing software dependency of vehicles over the past few years has developed the demand for the developments and constant updates in-vehicle technologies. With the rapid growth in the connectivity-embedded passenger cars, which heavily depend on advanced software, the demand for the over-the-air (OTA) updates continues to grow. As a result, OEMs are investing more in technologies that modernise the wireless automotive software.

Data Bridge Market Research analyses that the automotive over-the-air (OTA) market is expected to reach USD 20.97 billion by 2030, which is USD 4.13 billion in 2022, at a CAGR of 22.50% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Market Definition

Over-the-air (OTA) is a transaction process or wirelessly transferring data using a cellular network. Over-the-air (OTA) refers to several procedures of distributing new software, firmware, configuration settings and other update tools over the cloud. In the case of automotive, the software is updated wirelessly by using a telecommunication medium, over a gateway inside the car to the Electronic Control Units, whose presence is growing in a modern vehicle. Vehicle has become more knowledgeable and smart.

Drivers

• Growing demand for automotive software upgradation

The growing automotive digitalization indicates that automobiles need regular software updates, such as cybersecurity updates, to keep up with newest advancements in connectivity technologies. Instead of repeatedly recalling sold automobiles to a garage, installing these updates wirelessly is much more effective and economical. Over the air (OTA) updates help facilitate an IoT-enabled environment by improving functionality, and allowing devices to stay longer in the field. The OTA technology manages software and wirelessly upgrade the operating firmware from mobile devices. Thus, growing demand for automotive software upgradation is likely to propel the market growth.

• Rising incorporation of smart and connected technologies

The growing adoption of the Internet of Things (ioT) technology is encouraging major vehicle manufacturers to shift their focus towards connected vehicles and either introduce integrate advanced connectivity features in the existing models. This is a response to the growing demand for the state-of-the-art telematics, infotainment, and navigation systems by people. These systems depend on the software which are installed on the embedded automotive hardware, for smooth functioning. Therefore, the increasing incorporation of smart and connected technologies is a major factor which is expected to drive the market growth.

Automotive Over-The-Air (OTA) Market Scope

The automotive over-the-air (OTA) market is segmented on the basis technology, vehicle type, propulsion, application and electric vehicle type. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Technology

• Firmware
• Software

Vehicle Type

• Passenger Car
• Light Commercial Vehicle
• Heavy Commercial Vehicle

Propulsion

• Internal Combustion Engine
• Electric

 Application

• Electronic Control Unit (ECU)
• Infotainment
• Safety & Security
• Telematics Control Unit (TCU)
• 0thers

Electric Vehicle Type

• Battery
• Hybrid
• Plug-In Hybrid

Some of the major players operating in the automotive over-the-air (OTA) market are:

• DENSO CORPORATION. (Japan)
• Aptiv (U.S.)
• Continental AG (Germany)
• Garmin Ltd (U.S.)
• Robert Bosch GmbH (Germany)
• HARMAN International (U.S.)
• Infineon Technologies AG (Germany)
• BlackBerry Limited (Canada)
• Lear (U.S.)
• Qualcomm Technologies, Inc. (U.S.)
• Verizon (U.S.)
• NVIDIA Corporation (U.S.)
• Xevo (U.S.)
• Airbiquity Inc. (U.S.)
• HERE (Netherlands)

Key questions answered in the Automotive Over-The-Air (OTA) Market are: 

• What is Automotive Over-The-Air (OTA) Market?
• What was the Automotive Over-The-Air (OTA) Market size in 2022?
• What are the different segments of the Automotive Over-The-Air (OTA) Market?
• What growth strategies are the players considering to increase their presence in Automotive Over-The-Air (OTA) Market?
• What are the upcoming industry applications and trends for the Automotive Over-The-Air (OTA) Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Automotive Over-The-Air (OTA) Market?
• What major challenges could the Automotive Over-The-Air (OTA) Market face in the future?
• What segments are covered in the Automotive Over-The-Air (OTA) Market?
• Who are the leading companies and what are their portfolios in Automotive Over-The-Air (OTA) Market?
• What segments are covered in the Automotive Over-The-Air (OTA) Market?
• Who are the key players in the Automotive Over-The-Air (OTA) Market?

Browse Related Reports:

IT in real estate market Demand,Size ,Share, Industry
8X8 Armored Vehicle Market Size, Analysis and Forecast
Hollow Core Insulator Market Size, Share, Trends & Forecast
Europe Hollow Core Insulator Market Size And Share Analysis Report,
Asia-Pacific Hollow Core Insulator Market by Size, Share, Forecast, & Trends
Middle East and Africa Hollow Core Insulator Market Size Report- Industry Growth Analysis
North America Hollow Core Insulator Market Size, Industry Share Forecast
Meal Kit Delivery Service Market Size, Share, Growth | Opportunities,
apricot kernel market Size, Share Analysis Report
retinal implant market Size, Share, Growth Analysis
Flue Gas Analyser Market Size, Share, Growth
Geothermal Heat Pump Market Demand,Size ,Share, Industry
Retort Packaging Market Size, Analysis and Forecast
Europe Retort Packaging Market Size, Share, Trends & Forecast
Asia-Pacific Retort Packaging Market Size And Share Analysis Report,
Middle East and Africa Retort Packaging Market by Size, Share, Forecast, & Trends
North America Retort Packaging Market Size Report- Industry Growth Analysis
Marine Communication Systems Market Size, Industry Share Forecast
Europe Marine Communication Systems Market Size, Share, Growth | Opportunities,
Asia-Pacific Marine Communication Systems Market Size, Share Analysis Report
Middle East and Africa Marine Communication Systems Market Size, Share, Growth Analysis
North America Marine Communication Systems Market Size, Share, Growth
Session Initiation Protocol (SIP) Trunking Services Market Demand,Size ,Share, Industry
Europe Session Initiation Protocol (SIP) Trunking Services Market Size, Analysis and Forecast
Asia-Pacific Session Initiation Protocol (SIP) Trunking Services Market Size, Share, Trends & Forecast

About Data Bridge Market Research:

US: +1 614 591 3140

UK: +44 845 154 9652

APAC : +653 1251 975

Email – corporatesales@databridgemarketresearch.com