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Automotive over the air (ota) updates industry poised to reach US$ 4.2 billion according to new research report

Automotive over the air (ota) updates industry poised to reach US$ 4.2 billion according to new research report

The Global Automotive Over The Air (OTA) Updates Market is expected to grow USD 4.2 Billion at a CAGR 20.15% by 2023. New vehicle safety norms are encouraging the automakers to protect vehicle data from outside hacking and malfunctioning, which in turn is increasing the need for OTA updates for automotive.

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Report at www.orianresearch.com/request-sample/410807 .

 

Top Key Companies Analyzed in Global Automotive Over The Air (OTA) Updates Market are Airbiquity, ATS Advanced Telematics Systems Gmbh, Continental AG, Clarion Co Ltd, Harman International, Garmin Ltd, Infineon Technologies AG, Movimento, NVIDIA Corporation, NXP Semiconductor, Robert Bosch Gmbh, Verizon Communication Inc.

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Complete report Automotive Over The Air (OTA) Updates Industry spreads across 131 pages profiling 12 companies and supported with tables and figures at www.orianresearch.com/410807 .

The major factors driving this market are increasing demand for advanced applications such as telematics and infotainment, growing adoption of electric vehicles and rising need for connecting car devices. The rise of the internet of things (IOT) in the automotive industry will create opportunity in the market.

The challenge for the Global Automotive Over The Air (OTA) Updates Market is the non-availability of supporting infrastructure in developing countries, an increase in the threat of cybersecurity for smart vehicles and complex deployment of software updates to every vehicle. High cost involved in the automotive over-the-air updates restrain the growth of this market.

The report segments the Global Automotive Over The Air (OTA) Updates Market and forecast its size by component, technology, vehicle, application and region. The component is segmented by controller, car info, download, repo update and others.

The technology is segmented by Firmware over the Air (FOTA) and Software over the Air (SOTA). The vehicle is segmented by passenger vehicle, commercial vehicle and electric vehicle.

The application is segmented by Electronics Control Unit (ECU), Telematics Control Unit (TCU), infotainment, safety & security and others. The region is segmented by Asia-Pacific, Europe, North America, South America and Middle East & Africa.

Key benefit insights in this report

  • This report examines market size and growth rate by 2023
  • This report provides current market and future growth expectations
  • Market drivers, challenges, opportunities and threats in Global Automotive Over The Air (OTA) Updates Market
  • Impacts of disruptive technologies and examine the changing competitive dynamics
  • Market factor analysis delivers treasured information regarding the possible purchasers and suppliers and understanding the stakeholders involved
  • Examine forecast period using Porters five forces, supply chain and value chain analysis
  • Data regarding companies and business decision by having complete insights on the market and creating in-depth analysis of market segments

Target Audience

  • Automobile manufacturers
  • Connected car devices manufacturers
  • Key OEM players
  • Automobile industry experts and analyst
  • Cloud service providers
  • Government authorities
  • Key Investors and Venture Capitalists

 Report at www.orianresearch.com/checkout/410807 .

 

Major Points from Table of Contents

1 EXECUTIVE SUMMARY

2 DEMOGRAPHIC OVERVIEW

3 RESEARCH METHODOLOGY

4 PREMIUM INSIGHTS

5 MARKET OVERVIEW

6 MARKET FACTOR ANALYSIS

7 GLOBAL MARKET ANALYSIS BY APPLICATION

8 GLOBAL MARKET ANALYSIS BY VEHICLE TYPE

9 GLOBAL MARKET ANALYSIS BY CLOUD TYPE

10 GLOBAL MARKET ANALYSIS BY SERVICE

11 GLOBAL MARKET ANALYSIS BY DISTRIBUTION CHANNEL

12 GLOBAL MARKET ANALYSIS BY REGION

13 MARKET TRENDS & COMPETITIVE ANALYSIS

14 COMPANY PROFILES

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