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The automotive over-the-air updates market size has the potential to grow by 92.29 million units during 2020-2024, and the market's growth momentum will accelerate during the forecast period.
This report provides a detailed analysis of the market by technology (SOTA and FOTA) and geography (North America, APAC, Europe, South America, and MEA). Also, the report analyzes the market's competitive landscape and offers information on several market vendors, including 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.
Browse TOC and LoE with selected illustrations and example pages of Automotive Over-the-air Updates Market
The market is fragmented and includes a substantial number of international and regional motorsports transmission vendors. There is tough competition among major vendors in the market. Apart from top vendors, several regional and local vendors have started manufacturing customized and energy-efficient equipment, which is intensifying competition among international counterparts in terms of cost. To counter the threat from low-cost substitutes, international players in the global automotive OTA updates market are constantly expanding their footprints in developing countries. Airbiquity Inc., Akamai Technologies Inc., and Aptiv Plc are some of the major market participants. Although the reduced vehicle recalls will offer immense growth opportunities, the rising complexity in automotive software architecture will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this automotive over-the-air updates market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market's competitive landscape and offers information on the products offered by various companies. Moreover, this automotive over-the-air updates market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading companies, including:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Technology
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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