The global over-the-air (OTA) update market accounted for US$ 2,685.6 Mn in 2018 and is expected to grow at a CAGR of 16.3% over the forecast period 2019–2027, to account for US$ 10,346.5 Mn by 2027.
Currently, the over-the-air (OTA) update market is gaining high momentum across the globe. The automotive industry is revolutionizing the inclusion of various technologies. The industry is progressing steadily with the commercialization of connected cars/vehicles. The demand for these vehicles is accentuating heavily, and it is expected that the demand would rise up to a higher level in the coming years. The connected cars segment is becoming mainstream as the OEMs are heavily emphasizing on the same. Several OEMs have already started utilizing the benefits of the internet to maintain the vehicle’s condition, the demand for internet-based vehicular technology continues to grow in the developed countries as well as few developing countries.
Globally, over-the-air (OTA) update market is experiencing an intense growth with regards to continuous investments in the connected cars technologies by the companies. The number of connected cars is anticipated to rise at a growth rate of 30% until the next decade. This factor is expected to catalyse the over-the-air (OTA) update market, however, the growth of the over-the-air (OTA) update market is foreseen to be a bit sluggish in comparison to the growth rate of connected cars. This majorly pertains to the ongoing development of several technologies in the field of over-the-air (OTA) update. Apart from the developed countries where the connected cars segment has been flourishing exponentially over the years, the demand for the same is maturing steadily in several developing countries including, India, Japan, South Korea, and Australia, among others.
The overall over-the-air (OTA) update market size has been derived using both primary and secondary sources. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the over-the-air (OTA) update market. It also provides the overview and forecast for the global over-the-air (OTA) update market based on all the segmentation provided concerning five primary reasons such as North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Also, primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the over-the-air (OTA) update market.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Global OTA Update Market – By Type
1.3.2 Global OTA Update Market – By Application
1.3.3 Global OTA Update Market – By Vehicle Type
1.3.4 Global OTA Update Market – By Geography
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. OTA Update Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 OTA Update Market – North America PEST Analysis
4.2.2 OTA Update Market – Europe PEST Analysis
4.2.3 OTA Update Market –Asia-Pacific PEST Analysis
4.2.4 OTA Update Market – Africa PEST Analysis
4.2.5 OTA Update Market – SAM PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. OTA Update Market – Key Industry Dynamics
5.1 Key Market Driver
5.1.1 Accentuating Demand for Advanced Vehicular Technologies
5.1.2 Internet Connectivity and Awareness among the Vehicular Customers is Stimulating the OTA Update Market
5.2 Key Market Restraint
5.2.1 Susceptible to Cyber-attacks
5.3 Key Market Opportunity
5.3.1 Internet of Things (IoT) in Asia-Pacific Automotive Industry is Expected to Revolutionize OTA Update Market
5.4 Future Trend
5.4.1 Vehicle to Infrastructure (V2X) is Foreseen to Boost OTA Update Market
5.5 Impact Analysis of Drivers and Restraints
6. OTA Update Market – Global Market Analysis
6.1 Overview
6.2 Global OTA Update Market Revenue and Forecast To 2027 (US$ Mn)
6.3 Market Positioning – Global Key Players
7. OTA Update Market Analysis – By Type
7.1 Overview
7.2 OTA Update Market Breakdown, By Type, 2018 & 2027
7.3 Software Over-the-Air (SOTA) Update
7.3.1 Overview
7.3.2 SOTA Update Type Market Revenue and Forecast to 2027 (US$ Mn)
7.4 Firmware Over-the-Air (FOTA) Update
7.4.1 Overview
7.4.2 FOTA Update Type Market Revenue and Forecast to 2027 (US$ Mn)
8. OTA Update Market Analysis – By Application
8.1 Overview
8.2 OTA Update Market Breakdown, By Application, 2018 & 2027
8.3 Infotainment
8.3.1 Overview
8.3.2 Infotainment Market Revenue and Forecast to 2027 (US$ Mn)
8.4 Telematics
8.4.1 Overview
8.4.2 Telematics Market Revenue and Forecast to 2027 (US$ Mn)
8.5 Electronic Control Unit
8.5.1 Overview
8.5.2 Electronic Control Unit Market Revenue and Forecast to 2027 (US$ Mn)
8.6 Others
8.6.1 Overview
8.6.2 Others Market Revenue and Forecast to 2027 (US$ Mn)
9. OTA Update Market Analysis – By Vehicle Type
9.1 Overview
9.2 OTA Update Market Breakdown, By Vehicle Type, 2018 & 2027
9.3 Passenger Vehicle
9.3.1 Overview
9.3.2 Passenger Vehicle Type Market Revenue and Forecast to 2027 (US$ Mn)
9.4 Commercial Vehicle
9.4.1 Overview
9.4.2 Commercial Vehicle Type Market Revenue and Forecast to 2027 (US$ Mn)
10. OTA Update Market– Geographic Analysis
10.1 Overview
10.2 North America OTA Update Market Revenue and Forecast to 2027
10.2.1 North America OTA Update Market Revenue and Forecast to 2027 (US$ Mn)
10.2.2 North America OTA Update Market Breakdown by Type
10.2.3 North America OTA Update Market Breakdown by Application
10.2.4 North America OTA Update Market Breakdown by Vehicle Type
10.2.5 North America OTA Update Market Breakdown, by Key Countries
10.2.5.1 U.S. OTA Update Market Revenue and Forecast to 2027 (US$ Mn)
10.2.5.1.1 U.S. OTA Update Market Breakdown by Type
10.2.5.1.2 U.S. OTA Update Market Breakdown by Application
10.2.5.1.3 U.S. OTA Update Market Breakdown by Vehicle Type
10.2.5.2 Canada OTA Update Market Revenue and Forecast to 2027 (US$ Mn)
10.2.5.2.1 Canada OTA Update Market Breakdown by Type
10.2.5.2.2 Canada OTA Update Market Breakdown by Application
10.2.5.2.3 Canada OTA Update Market Breakdown by Vehicle Type
10.2.5.3 Mexico OTA Update Market Revenue and Forecast to 2027 (US$ Mn)
10.2.5.3.1 Mexico OTA Update Market Breakdown by Type
10.2.5.3.2 Mexico OTA Update Market Breakdown by Application
10.2.5.3.3 Mexico OTA Update Market Breakdown by Vehicle Type
10.3 Europe OTA Update Market Revenue and Forecast To 2027
10.3.1 Europe OTA Update Market Revenue and Forecast to 2027 (US$ Mn)
10.3.2 Europe OTA Update Market Breakdown, By Type
10.3.3 Europe OTA Update Market Breakdown, By Application
10.3.4 Europe OTA Update Market Breakdown, By Vehicle Type
10.3.5 Europe OTA Update Market Breakdown, By Key Country
10.3.5.1 Germany OTA Update Market Revenue and Forecast to 2027 (US$ Mn)
10.3.5.1.1 Germany OTA Update Market Breakdown, By Type
10.3.5.1.2 Germany OTA Update Market Breakdown, By Application
10.3.5.1.3 Germany OTA Update Market Breakdown, By Vehicle Type
10.3.5.2 France OTA Update Market Revenue and Forecast to 2027 (US$ Mn)
10.3.5.2.1 France OTA Update Market Breakdown, By Type
10.3.5.2.2 France OTA Update Market Breakdown, By Application
10.3.5.2.3 France OTA Update Market Breakdown, By Vehicle Type
10.3.5.3 Italy OTA Update Market Revenue and Forecast to 2027 (US$ Mn)
10.3.5.3.1 Italy OTA Update Market Breakdown, By Type
10.3.5.3.2 Italy OTA Update Market Breakdown, By Application
10.3.5.3.3 Italy OTA Update Market Breakdown, By Vehicle Type
10.3.5.4 UK OTA Update Market Revenue and Forecast to 2027 (US$ Mn)
10.3.5.4.1 UK OTA Update Market Breakdown, By Type
10.3.5.4.2 UK OTA Update Market Breakdown, By Application
10.3.5.4.3 UK OTA Update Market Breakdown, By Vehicle Type
10.3.5.5 Russia OTA Update Market Revenue and Forecast to 2027 (US$ Mn)
10.3.5.5.1 Russia OTA Update Market Breakdown, By Type
10.3.5.5.2 Russia OTA Update Market Breakdown, By Application
10.3.5.5.3 Russia OTA Update Market Breakdown, By Vehicle Type
10.3.5.6 Rest of Europe OTA Update Market Revenue and Forecast to 2027 (US$ Mn)
10.3.5.6.1 Rest of Europe OTA Update Market Breakdown, By Type
10.3.5.6.2 Rest of Europe OTA Update Market Breakdown, By Application
10.3.5.6.3 Rest of Europe OTA Update Market Breakdown, By Vehicle Type
10.4 APAC OTA Update Market Revenue and Forecast to 2027
10.4.1 APAC OTA Update Market Revenue and Forecast to 2027 (US$ Mn)
10.4.2 APAC OTA Update Market Breakdown, By Type
10.4.3 APAC OTA Update Market Breakdown, By Application
10.4.4 APAC OTA Update Market Breakdown, By Vehicle Type
10.4.5 APAC OTA Update Market Breakdown, By Key Country
10.4.5.1 China OTA Update Market Revenue and Forecast to 2027 (US$ Mn)
10.4.5.1.1 China OTA Update Market Breakdown, By Type
10.4.5.1.2 China OTA Update Market Breakdown, By Application
10.4.5.1.3 China OTA Update Market Breakdown, By Vehicle Type
10.4.5.2 India OTA Update Market Revenue and Forecast to 2027 (US$ Mn)
10.4.5.2.1 India OTA Update Market Breakdown, By Type
10.4.5.2.2 India OTA Update Market Breakdown, By Application
10.4.5.2.3 India OTA Update Market Breakdown, By Vehicle Type
10.4.5.3 Japan OTA Update Market Revenue and Forecast to 2027 (US$ Mn)
10.4.5.3.1 Japan OTA Update Market Breakdown, By Type
10.4.5.3.2 Japan OTA Update Market Breakdown, By Application
10.4.5.3.3 Japan OTA Update Market Breakdown, By Vehicle Type
10.4.5.4 South Korea OTA Update Market Revenue and Forecast to 2027 (US$ Mn)
10.4.5.4.1 South Korea OTA Update Market Breakdown, By Type
10.4.5.4.2 South Korea OTA Update Market Breakdown, By Application
10.4.5.4.3 South Korea OTA Update Market Breakdown, By Vehicle Type
10.4.5.5 Rest of APAC OTA Update Market Revenue and Forecast to 2027 (US$ Mn)
10.4.5.5.1 Rest of APAC OTA Update Market Breakdown, By Type
10.4.5.5.2 Rest of APAC OTA Update Market Breakdown, By Application
10.4.5.5.3 Rest of APAC OTA Update Market Breakdown, By Vehicle Type
10.5 Africa OTA Update Market Revenue and Forecast To 2027
10.5.1 Africa OTA Update Market Revenue and Forecast to 2027 (US$ Mn)
10.5.2 Africa OTA Update Market Breakdown, By Type
10.5.3 Africa OTA Update Market Breakdown, By Application
10.5.4 Africa OTA Update Market Breakdown, By Vehicle Type
10.5.5 Africa OTA Update Market Breakdown, By Key Country
10.5.5.1 South Africa OTA Update Market Revenue and Forecast to 2027 (US$ Mn)
10.5.5.1.1 South Africa OTA Update Market Breakdown, By Type
10.5.5.1.2 South Africa OTA Update Market Breakdown, By Application
10.5.5.1.3 South Africa OTA Update Market Breakdown, By Vehicle Type
10.5.5.2 Morocco OTA Update Market Revenue and Forecast to 2027 (US$ Mn)
10.5.5.2.1 Morocco OTA Update Market Breakdown, By Type
10.5.5.2.2 Morocco OTA Update Market Breakdown, By Application
10.5.5.2.3 Morocco OTA Update Market Breakdown, By Vehicle Type
10.5.5.3 Rest of Africa OTA Update Market Revenue and Forecast to 2027 (US$ Mn)
10.5.5.3.1 Rest of Africa OTA Update Market Breakdown, By Type
10.5.5.3.2 Rest of Africa OTA Update Market Breakdown, By Application
10.5.5.3.3 Rest of Africa OTA Update Market Breakdown, By Vehicle Type
10.6 South America OTA Update Market Revenue and Forecast To 2027
10.6.1 South America OTA Update Market Revenue and Forecast to 2027 (US$ Mn)
10.6.2 South America OTA Update Market Breakdown, By Type
10.6.3 South America OTA Update Market Breakdown, By Application
10.6.4 South America OTA Update Market Breakdown, By Vehicle Type
10.6.5 South America OTA Update Market Breakdown, By Key Country
10.6.5.1 Brazil OTA Update Market Revenue and Forecast to 2027 (US$ Mn)
10.6.5.1.1 Brazil OTA Update Market Breakdown, By Type
10.6.5.1.2 Brazil OTA Update Market Breakdown, By Application
10.6.5.1.3 Brazil OTA Update Market Breakdown, By Vehicle Type
10.6.5.2 Argentina OTA Update Market Revenue and Forecast to 2027 (US$ Mn)
10.6.5.2.1 Argentina OTA Update Market Breakdown, By Type
10.6.5.2.2 Argentina OTA Update Market Breakdown, By Application
10.6.5.2.3 Argentina OTA Update Market Breakdown, By Vehicle Type
10.6.5.3 Rest of SAM OTA Update Market Revenue and Forecast to 2027 (US$ Mn)
10.6.5.3.1 Rest of SAM OTA Update Market Breakdown, By Type
10.6.5.3.2 Rest of SAM OTA Update Market Breakdown, By Application
10.6.5.3.3 Rest of SAM OTA Update Market Breakdown, By Vehicle Type
Summary: Get latest Market Research Reports on Over-The-Air (OTA) Update . Industry analysis & Market Report on Over-The-Air (OTA) Update is a syndicated market report, published as Over-The-Air (OTA) Update Market to 2027 - Global Analysis and Forecast by Type (Software Over-The-Air (SOTA) Update and Firmware Over-The-Air (FOTA) Update); Application (Telematics, Infotainment, Electronic Control Unit, and Others); Vehicle Type (Passenger Vehicle and Commercial Vehicle); and Geography. It is complete Research Study and Industry Analysis of Over-The-Air (OTA) Update market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.