Global Automotive Over-the-air (OTA) Updates Market 2020-2024

Global Automotive Over-the-air Updates Market 2020-2024
Researcher has been monitoring the automotive over-the-air updates market and it is poised to grow by 92.29 mn units during 2020-2024, progressing at a CAGR of 54% during the forecast period. Our reports on the automotive over-the-air updates market provide a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the reduced vehicle recalls and increased focus of OEMs toward the development of autonomous vehicles. In addition, reduced vehicle recalls are anticipated to boost the growth of the market as well.
The automotive over-the-air updates market analysis includes technology segment and geographical landscapes.
Researcher's automotive over-the-air updates market is segmented as below:
By Technology
• SOTA
• FOTA
By Geographical Landscapes
• North America
• APAC
• Europe
• South America
• MEA
This study identifies the rising focus on intelligent transportation systems as one of the prime reasons driving the automotive over-the-air updates market growth during the next few years.
Researcher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the automotive over-the-air updates market covers the following areas:
• Automotive over-the-air updates market sizing
• Automotive over-the-air updates market forecast
• Automotive over-the-air updates market industry analysis
Researcher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive over-the-air updates market vendors that include Airbiquity Inc., Akamai Technologies Inc., Aptiv Plc, BlackBerry Ltd., Continental AG, HERE Global BV, Qualcomm Inc., Robert Bosch GmbH, Samsung Electronics Co. Ltd., and Verizon Communications Inc. Also, the automotive over-the-air updates market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Researcher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Researcher's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.