The global automotive over-the-air (OTA) market is anticipated to grow at a CAGR of 10.5% during the forecast period (2023-2030). The growing automotive digitalization indicates that automobiles require regular software updates, such as cybersecurity updates, to keep up with recent/ latest advancements in connectivity technologies. OTA updates enable automakers to fix, maintain and improve vehicle software remotely by downloading code to the vehicle from a cloud server. OTA updates help facilitate an IoT-enabled environment by improving functionality, and allowing devices to stay longer in the field. The OTA technology manages software and wirelessly upgrade the operating firmware from mobile devices.
Browse the full report description of “Automotive Over-the-Air (OTA) Market Size, Share & Trends Analysis Report by Technology (Firmware Over-the-Air (FOTA) and Software Over-the-Air (SOTA)), by Vehicle Type (Passenger Car, Light Commercial Vehicles (LCVs), Heavy Duty Trucks, and Buses and Coaches), and by Application (Telematics Control Unit, Electronic Control Units (ECUs), Infotainment, and Others), Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/automotive-ota-market
The firmware over-the-air (FOTA) solution is designed to accelerate the development of intelligent and connected products for its customers across the automotive industry. For Instance, in March 2022, Cyient launched a Firmware Over-The-Air (FOTA) Solution for Connected Devices. Company pre-built solution for managed Firmware over-the-Air (FOTA) updates from its CyientfIQTM innovation platform. CyientfIQTM as a platform fosters technology disruptions and enables the development of new IPs and solutions in collaboration with Partners.
A growing importance of software-driven and service-oriented (SOA) architectures for automotive industry need to manage and update the software/configuration of a growing number of remote ECUs. For instance, in October 2020, Harman International Industries launched major OTA release. a new version of the OTA solution to address E/E vehicle architectures and critical business requirements. The focus of the HARMAN OTA 12.0 release is to make OTA update workflows more secure and robust.
Helping automakers to keep pace with consumer technology trends despite the traditional automotive product development cycles. Cloud Service also provides automakers the opportunity to unlock new revenue streams throughout the lifecycle of a vehicle with OTA updates. For instance, in January 2020, Qualcomm Technologies, Inc. launched Car-to-Cloud Service for OTA Vehicle updates and on-demand services & features. Leveraging the company’s broad set of technology assets, the Qualcomm Car-to-Cloud Service is designed to help automakers keep cockpit and telematics systems up-to-date, and future-proof vehicles by delivering the flexibility needed to activate features at any time.
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Technology
o By Vehicle Type
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- includes Aptiv PLC, Continental AG, DENSO Corp., Infineon Technologies AG, Qualcomm Technologies, Inc., Robert Bosch GmbH, and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Automotive Over-the-Air (OTA) Market Report Segment
By Technology
By Vehicle Type
By Application
Global Automotive Over-the-Air (OTA) Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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