Over the Air Updates Market, Global Outlook and Forecast 2023-2032
- Siddhi Patil
- Sep 14, 2023
- 3 min read
The global Over the Air Updates market was valued at US$ 3445.7 million in 2022 and is projected to reach US$ 9303.2 million by 2029, at a CAGR of 15.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Over-the-Air (OTA) updates will change the way cars perform as they get older by providing system upgrades without needing as much take-it-to-the-shop maintenance. With OTA technology, automakers will have the ability to trim down warranty expenses and improve their completion rates for software related recall work.
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This report aims to provide a comprehensive presentation of the global market for Over the Air Updates, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Over the Air Updates. This report contains market size and forecasts of Over the Air Updates in global, including the following market information:
Global Over the Air Updates Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Firmware Over-The-Air Technology (FOTA) Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Over the Air Updates include Continental AG, Robert Bosch, Delph Automotive, Blackberry, Harman International, Garmin Ltd, NXP Semiconductors, Verizon Communications and Infineon Technologies, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Over the Air Updates companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Over the Air Updates Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Over the Air Updates Market Segment Percentages, by Type, 2022 (%)
Firmware Over-The-Air Technology (FOTA)
Software Over-The-Air Technology (SOTA)
Global Over the Air Updates Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Over the Air Updates Market Segment Percentages, by Application, 2022 (%)
Electronic Control Unit (ECU)
Infotainment
Safety & Security
Telematics Control Unit (TCU)
User Interface & User Experience
Others
Global Over the Air Updates Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Over the Air Updates Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Over the Air Updates revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Over the Air Updates revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Continental AG
Robert Bosch
Delph Automotive
Blackberry
Harman International
Garmin Ltd
NXP Semiconductors
Verizon Communications
Infineon Technologies
NVIDIA
Qualcomm
Airbiquity Inc
Outline of Major Chapters:
Chapter 1: Introduces the definition of Over the Air Updates, market overview.
Chapter 2: Global Over the Air Updates market size in revenue.
Chapter 3: Detailed analysis of Over the Air Updates company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Over the Air Updates in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
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