Latest added Automotive Over-The-Air (OTA) Update Market research study by AMA Research offers detailed outlook and elaborates market review till 2030. The market Study is segmented by key regions that are accelerating the marketization. At present, the market players are strategizing and overcoming challenges of current scenario; some of the key players in the study are Continental AG (Germany) , Delphi Automotive (United Kingdom), Robert Bosch GmbH (Germany), Denso Corporation (Japan), Airbiquity Inc. (United States), HERE Technologies (Netherlands), Harman International Industries, Inc. (United States), NXP Semiconductors N.V.(Netherlands), Verizon Communications, Inc.(United States), Tesla, Inc. (United States), Infineon Technologies AG (Germany), General Motor Company (United States), etc.
The study explored is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources.
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Automotive Over-The-Air (OTA) Update Market Definition:
Automotive Over-The-Air (OTA) Update enables automotive manufacturers to fix, maintain, and improve vehicles through remote software updates downloaded to the vehicle from a cloud-based server. Increasing automotive digitalization has inevitably meant that vehicles need regular firmware and software updates to keep pace with the latest advances in connectivity but also to update the automotive cybersecurity. Rather than repeatedly recalling the vehicle to a garage it is much more economical to perform these updates wirelessly over the air (OTA). By 2025, the automotive companies to be making over 100 million updates a year to customers’ vehicles using software-over-the-air (SOTA) technology. Those updates will span every aspect of the vehicle, from infotainment and telematics services to acceleration rates and parking controls.
This research is categorized differently considering the various aspects of this market. It also evaluates the upcoming situation by considering project pipelines of company, long term agreements to derive growth estimates. The forecast is analyzed based on the volume and revenue of this market. The tools used for analyzing the Global Automotive Over-The-Air (OTA) Update Market research report include SWOT analysis.
Influencing Trend:
- Emergence of ‘Embedded Electronics’ and ‘IoT’ Technology
Challenges:
- Ongoing COVID-19 Pandemic
Opportunities:
- Increasing Automotive OEMs Collaborations with OTA Solution Providers
- Adoption of Telematics Control Units (TCUs) by Automotive Manufacturers
Market Growth Drivers:
- Increasing Demand for ADAS and Connected Cars
- Adoption of SOTA by Automotive
The Global Automotive Over-The-Air (OTA) Update segments and Market Data Break Down are illuminated below:
by Application (Telematics Control Unit (TCU), Electronic Control Unit (ECU), Infotainment, Safety & Security, Others), Automotive Type (Passenger Cars, Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs)), Technology (Firmware over-the-air (FOTA), Software over-the-air (SOTA)), Propulsion (Internal Combustion Engine, Electric Vehicle), Connectivity (Embedded 3G/4G Modem, Embedded Wi-Fi, Smartphone Bluetooth/ Tethering Hotspot)
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The regional analysis of Global Automotive Over-The-Air (OTA) Update Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2024-2030.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Strategic Points Covered in Table of Content of Global Automotive Over-The-Air (OTA) Update Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Automotive Over-The-Air (OTA) Update market
Chapter 2: Exclusive Summary – the basic information of the Automotive Over-The-Air (OTA) Update Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Automotive Over-The-Air (OTA) Update
Chapter 4: Presenting the Automotive Over-The-Air (OTA) Update Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2018-2023
Chapter 6: Evaluating the leading manufacturers of the Automotive Over-The-Air (OTA) Update market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2024-2030)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Automotive Over-The-Air (OTA) Update Market is a valuable source of guidance for individuals and companies.
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Key questions answered
- Who are the Leading key players and what are their Key Business plans in the Global Automotive Over-The-Air (OTA) Update market?
- What are the key concerns of the five forces analysis of the Global Automotive Over-The-Air (OTA) Update market?
- What are different prospects and threats faced by the dealers in the Global Automotive Over-The-Air (OTA) Update market?
- What are the strengths and weaknesses of the key vendors?
Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.
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