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Automotive Over-The-Air (OTA) Updates Market Share

  • Report ID: GMI2087
  • Published Date: Feb 2022
  • Report Format: PDF

Automotive Over-The-Air Updates Market Share

Industry participants are emphasizing on increasing their investments to develop automotive OTA services. For instance, in December 2021, Stellantis announced a USD 35 billion investment by 2025 for the development of OTA updates for cars. This investment is expected to help the company’s vehicles to be fully updatable over the air by 2024.
 

Some of the key companies operating in the market include :

  • Airbiquity
  • Aptiv PLC
  • BlackBerry Limited
  • Continental AG
  • Hitachi, Ltd.
  • Infineon Technologies AG
  • Intellias Ltd.
  • Movimento, Inc.
  • NVIDIA Corporation
  • NXP Semiconductors N.V.
  • Qualcomm
  • Robert Bosch GmbH
  • Samsung (Harman International Industries, Inc.)
  • Thales Group
  • Verizon Communications Inc.
  • Xevo Inc.
Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of automotive over-the-air updates crossed USD 2.5 billion in 2021 and will expand at more than 15% CAGR over 2022-2028, says this GMI report.

Canada SOTA updates market captured 75% of the total revenue share in 2021 and will grow owing to advanced features like convenience, improved safety and enhanced user experience.

The UK over the air updates market from commercial vehicles is estimated to grow at more than 20% CAGR through 2028 owing to their increasing production and sales.

North America automotive OTA updates segment is anticipated to cross USD 3 billion through 2028 driven by increasing acceptance of electric & hybrid vehicles and development of charging infrastructure.

Automotive Over-The-Air (OTA) Updates Market Scope

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Premium Report Details

  • Base Year: 2021
  • Companies covered: 16
  • Tables & Figures: 243
  • Countries covered: 18
  • Pages: 220
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