Automotive Over The Air (OTA) Market Growth Report and Outlook to 2027 – Airbiquity, Continental AG, Fujitsu, Harman International

New Intelligence Report on “Automotive Over The Air (OTA) Market to 2027” is recently published by The Insight Partners. The report aims to provide leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years

Over The Air (OTA) service is attractive to carmakers as a way to update software in a car. Connected vehicles are enabled to receive Over the Air software updates and transmit diagnostic and operational data from the remote cloud. In this way, it helps to reduce recall expenses, improve cyber-security response time, increase product quality and operational efficiency. It is expected to witness considerable growth, owing to rising demand for a better, economical and faster way to detect, report and fix defects.

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Over The Air service acts as a bridge to fill the gap between the modification of software and hardware by providing updating facility. Increasing vehicle recalls due to software problems and rising use of connected car devices in the vehicles are some the key drivers of the Automotive over the air market. However, high updating cost, complexity and lack of infrastructure in developing countries limiting the Over the Air market growth. On the other hand, the emergence of technology, the Internet of Things (IoT) in the automotive industry is creating opportunities for the Over the air market.

Leading key Market players Mentioned in the Report:-

  • Airbiquity Inc
  • Continental AG
  • Fujitsu Ltd
  • Harman International Industries Inc
  • Infineon Technologies AG
  • Movimento Inc
  • Nvidia Corporation
  • NXP Semiconductors
  • Robert Bosch GmbH
  • Tesla Inc

The exclusive report on Automotive Over The Air (OTA) Market research report has been formulated with the help of extensive primary research (inputs from industry experts, companies, and stakeholders) and secondary research to get a universal view of the market. The report gives an in-detailed information across global regions, including North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America & Central America (SCAM). We follow an iterative research methodology model to formulate the report that help decision makers take sound investment evaluation. Secondary research is carried out using internal and external sources to obtain qualitative and quantitative information of the market backed by the primary interview of KOLs and SME’s. This model negates any drastic deviation in the market estimation and is used is used to estimate the Automotive Over The Air (OTA) Market size and forecasts till 2027.

The global Automotive Over The Air market is segmented on the basis of technology, application and vehicle type. Based on technology, the market is segmented as Firmware Over-The-Air Technology (FOTA) and Software Over-The-Air Technology (SOTA). On the basis of the application the market is segmented Electronic Control Unit (ECU), Infotainment, Safety & Security, Telematics Control Unit (TCU), and Others (User Interface & User Experience, Apps). Based on vehicle type the market is segmented into Passenger Car, Commercial Vehicle, Battery Electric Vehicle (BEV), Hybrid Electric Vehicles (HEV), and Plug-In Hybrid Electric Vehicles (PHEV).

This market research report administers a broad view of the Automotive Over The Air (OTA) Market on a Global basis, presenting a forecast and statistics in terms of revenue during the forecast period. It covers an illustrative study with detailed segmentation, complete research and development history, latest news and press releases. Additionally, it demonstrates the future aspects and portrays a sketch of the key players involved in the Automotive Over The Air (OTA) Market growth in terms of revenue.

The report also provides the market size and estimates a forecast from the year 2019 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America providing an exhaustive PEST analysis for all five regions after evaluating political, economic, social and technological factors affecting the Automotive Over The Air (OTA) Market.

Answers that the report acknowledges:
• Market size and growth rate during forecast period.
• Key factors driving the Automotive Over The Air (OTA) Market.
• Key market trends cracking up the growth of the Automotive Over The Air (OTA) Market.
• Challenges to market growth.
• Key vendors of Automotive Over The Air (OTA) Market.
• Detailed SWOT analysis.
• Opportunities and threats faces by the existing vendors in Global Automotive Over The Air (OTA) Market.
• Trending factors influencing the market in the geographical regions.
• Strategic initiatives focusing the leading vendors.
• PEST analysis of the market in the five major regions.

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