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(Transportation-News.com, February 11, 2018 ) Research analysts forecast the global Automotive Over-the-air (OTA) Updates Market to grow at a CAGR of 58.15% during the period 2018-2022.
Over-the-air (OTA) update implies the use of wireless mechanisms to push any update packages either for the software or the firmware. With the number of connected cars increasing, it will not be a cost-effective option for OEMs to provide software updates via dealerships. As a result, OEMs have focused their efforts on the development of remote OTA updates.
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Covered in this report
The report covers the present scenario and the growth prospects of the global automotive over-the-air (OTA) updates market for 2018-2022. To calculate the market size, the report considers the revenue generated from the automotive over-the-air (OTA) updates.
The market is divided into the following segments based on geography: North Americas, APAC, EMEA.
Research report, Global Automotive Over-the-air (OTA) Updates Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors – Bosch, Continental, HARMAN International, Delphi, Airbiquity, ATS Advanced Telematic Systems.
Market driver
Reduced vehicle recalls
For a full, detailed list, view our report
Market challenge
Rising complexity in automotive software architecture
For a full, detailed list, view our report
Market trend
Connected vehicle technology and Internet of Things
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2022 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?
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