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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.
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:
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.