Automotive Over-The-Air (OTA) Update Market Projected to Show Strong Growth | Continental, Delphi Automotive, Robert Bosch, Denso

The latest study released on the Global Automotive Over-The-Air (OTA) Update Market by AMA Research evaluates market size, trend, and forecast to 2028. The Automotive Over-The-Air (OTA) Update market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

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Key Players in This Report Include: 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),

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. According to AMA, the Global Automotive Over-The-Air (OTA) Update market is expected to see growth rate of 19.0%

Market Drivers:
Increasing Demand for ADAS and Connected Cars
Adoption of SOTA by Automotive

Market Trends:
Emergence of Embedded Electronics and IoT Technology

Market Opportunities:
Increasing Automotive OEMs Collaborations with OTA Solution Providers
Adoption of Telematics Control Units (TCUs) by Automotive Manufacturers

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The Global Automotive Over-The-Air (OTA) Update Market 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)

Global Automotive Over-The-Air (OTA) Update market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
North America (United States, Mexico & Canada)
South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Objectives of the Report
-To carefully analyze and forecast the size of the Automotive Over-The-Air (OTA) Update market by value and volume.
-To estimate the market shares of major segments of the Automotive Over-The-Air (OTA) Update
-To showcase the development of the Automotive Over-The-Air (OTA) Update market in different parts of the world.
-To analyze and study micro-markets in terms of their contributions to the Automotive Over-The-Air (OTA) Update market, their prospects, and individual growth trends.
-To offer precise and useful details about factors affecting the growth of the Automotive Over-The-Air (OTA) Update
-To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Automotive Over-The-Air (OTA) Update market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

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Major highlights from Table of Contents:

Automotive Over-The-Air (OTA) Update Market Study Coverage:
It includes major manufacturers, emerging player's growth story, and major business segments of Automotive Over-The-Air (OTA) Update market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
Automotive Over-The-Air (OTA) Update Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
Automotive Over-The-Air (OTA) Update Market Production by Region Automotive Over-The-Air (OTA) Update Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.

Key Points Covered in Automotive Over-The-Air (OTA) Update Market Report:
Automotive Over-The-Air (OTA) Update Overview, Definition and Classification Market drivers and barriers
Automotive Over-The-Air (OTA) Update Market Competition by Manufacturers
Impact Analysis of COVID-19 on Automotive Over-The-Air (OTA) Update Market
Automotive Over-The-Air (OTA) Update Capacity, Production, Revenue (Value) by Region (2023-2028)
Automotive Over-The-Air (OTA) Update Supply (Production), Consumption, Export, Import by Region (2023-2028)
Automotive Over-The-Air (OTA) Update Production, Revenue (Value), Price Trend by Type {}
Automotive Over-The-Air (OTA) Update Market Analysis by Application {Telematics Control Unit (TCU), Electronic Control Unit (ECU), Infotainment, Safety & Security, Others,}
Automotive Over-The-Air (OTA) Update Manufacturers Profiles/Analysis Automotive Over-The-Air (OTA) Update Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.

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Key questions answered
How feasible is Automotive Over-The-Air (OTA) Update market for long-term investment?
What are influencing factors driving the demand for Automotive Over-The-Air (OTA) Update near future?
What is the impact analysis of various factors in the Global Automotive Over-The-Air (OTA) Update market growth?
What are the recent trends in the regional market and how successful they are?

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