Automotive Over The Air (OTA) Market Effect Factors Analysis 2027 – Movimento, Nvidia, NXP Semiconductors, Robert Bosch GmbH and Tesla

Automotive Over The Air (OTA) Market Forecast to 2027 - Covid-19 Impact and Global Analysis - by Technology (Firmware Over-The-Air Technology (FOTA), Software Over-The-Air Technology (SOTA)); Application (Electronic Control Unit (ECU), Infotainment, Safety and Security, Telematics Control Unit (TCU), Others (User Interface User Experience and Apps))

Worldwide Automotive Over The Air (OTA) Market Analysis to 2027 is a specialized and in-depth study of the Automotive Over The Air (OTA) Industry with a focus on the global market trend. The report aims to provide an overview of global Automotive Over The Air (OTA) Market with detailed market segmentation by product/application and geography. The global Automotive Over The Air (OTA) Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status of the Automotive Over The Air (OTA) players and offers key trends and opportunities in the market.

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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Top Dominating Key Players:

1. Airbiquity Inc
2. Continental AG
3. Fujitsu Ltd
4. Harman International Industries Inc
5. Infineon Technologies AG
6. Movimento Inc
7. Nvidia Corporation
8. NXP Semiconductors
9. Robert Bosch GmbH
10. Tesla Inc

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.

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).

Key Benefits:

  • To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Automotive Over The Air (OTA) Market.
  • To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa).

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Automotive Over The Air (OTA) Market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Automotive Over The Air (OTA) Market segments and regions.

Scope of the study:

The research on the Automotive Over The Air (OTA) Market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Automotive Over The Air (OTA) Market on the basis of end user, product type, application, and demography for the forecast period 2020 – 2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

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Reasons to Buy the Report:

  • Learn about the driving factors, affecting the market growth.
  • Imbibe the advancements and progress in the market during the forecast period.
  • Understand where the market opportunities lies.
  • Compare and evaluate various options affecting the market.
  • Pick up on the leading market players within the market.
  • Envision the restrictions and restrains that are likely to hamper the market.

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