Automotive Over-The-Air(OTA) Update Market Size, Share, Growth Statistics By Top Key Players

Over-the-air (OTA) is a process of transferring data or transactions wirelessly by using the cellular network rather than a cable or any other local connection. Over-the-air (OTA) refers to multiple methods of distributing new software, configuration settings, firmware, and other update tools over the cloud. In the case of a vehicle, the firmware or software is updated wirelessly using a telecommunication medium, through a gateway inside the car to the ECU (Electronic Control Units), whose appearance is increasing in a modern vehicle. In the automotive industry, vehicle has become more and more knowledgeable and smart.

Factors such as rise in adoption of connected vehicles, increase in demand for electric vehicles, government regulations regarding safety and cyber security of vehicles, and government initiatives for implementing connected car technology are expected to reinforce the need for automotive over-the-air updates. However, High cost associated with over the air updates and lack of infrastructure in emerging countries could hamper the growth potential. Emergence of the Internet of Things (IoT) in the automotive industry and stringent cybersecurity standards are also expected to contribute toward in the market growth in coming years.

Get a Sample PDF of report:https://analyticsmarketresearch.com/sample-request/automotive-over-the-air(ota)-update-market/36618/

Currently, software predominates over traditional mechanical components in automobiles more than ever. Over-the-air (OTA) is a term used in the automobile industry to describe the rapidly expanding practises of wirelessly providing software updates to vehicles after they have been purchased. When a customer brings their vehicle to a service station, the cost of updating the software drops dramatically, causing little bother for both the customer and the service station. OTA also overcomes the dependability issue with each update that was previously an issue.

The study report offers a comprehensive analysis of Automotive Over-The-Air(OTA) Update Market size across the globe as regional and country-level market size analysis, CAGR estimation of market growth during the forecast period, revenue, key drivers, competitive background, and sales analysis of the payers. Along with that, the report explains the major challenges and risks to face in the forecast period.

Automotive Over-The-Air(OTA) Update Market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Automotive Over-The-Air(OTA) Update Market will be able to gain the upper hand as they use the report as a powerful resource.

Global Automotive Over-The-Air(OTA) Update Market: Major Players
NXP Semiconductors
Microsoft Corporation
Denso Corporation
Airbiquity
Intel Corporation
Robert Bosch GmbH
Harman International
Continental AG
Fujitsu Ltd
Airbiquity Inc.
Harman
Delphi Automotive Plc.
Lear Corporation
Samsung Electronics Co., Ltd.

Global Automotive Over-The-Air(OTA) Update Market: By Types
ECU
TCU
infotainment
Safety & security

Global Automotive Over-The-Air(OTA) Update Market: By Applications
Passenger Cars
Heavy Vehicles
Defence Vehicles
Off-Road Vehicles
others

Global Automotive Over-The-Air(OTA) Update Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Automotive Over-The-Air(OTA) Update market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Purchase this Report:https://analyticsmarketresearch.com/purchase/automotive-over-the-air(ota)-update-market/36618/?license=single

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

View more report:

https://analyticsmarketresearch.com/reports/automotive-over-the-air(ota)-update-market/36618/

https://analyticsmarketresearch.com/reports/electric-two-wheelers-market/671/

Contact US:
Analytics Market Research
99 WALL STREET, #2124 NEW YORK, NY 10005
Phone: +1(650)-666-4592
Email: sales@analyticsmarketresearch.com
Website: https://analyticsmarketresearch.com/contactus/

About US
Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.

Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients

This release was published on openPR.