Lucintel Forecasts the Global Over the Air Update Market to Reach $10.0 billion by 2030
Lucintel Forecasts the Global Over the Air Update Market to Reach $10.0 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global over the air update
market looks promising with opportunities in the telematics control unit, electronic
control unit, infotainment, and safety & security markets. The global over the air update
market is expected to reach an estimated $10.0 billion by 2030 from $4.2 billion in 2024,
at a CAGR of 15.6% from 2024 to 2030. The major drivers for this market are increase
in the use of connected automobile devices, rapid development of advanced connected
car technologies across the globe, as well as, government norms regarding the vehicle
safety and security.
A more than 150-page report to understand trends, opportunity and forecast in over the
air update market to 2030 by technology (firmware over-the-air and software over-the-
air), vehicle type (passenger cars, light commercial vehicles, and heavy commercial
vehicles), electric vehicle type (battery electric vehicle, hybrid electric vehicle, and plug-
in hybrid electric vehicle), application (telematics control unit, electronic control unit,
infotainment, safety & security, and others), and region (North America, Europe, Asia
Pacific, and the Rest of the World).
Lucintel forecasts that, within the technology category, software over-the-air will remain
the larger segment over the forecast period due to growing the use of infotainment apps
including social networking apps, email apps, park assistance, and real-time traffic
information.
In terms of regions, North America will remain the largest region over the forecast
period due to increasing the number of connected car gadgets in cars, producing more
electric vehicles, updating infotainment and telematics services, and providing more
safety updates in the region.
Download sample by clicking on over the air update market
Robert Bosch, NXP Semiconductors, Verizon Communications, Continental, Infineon
Technologies, Qualcomm, Intel, HARMAN, Airbiquity, Aptiv are the major suppliers in
the over the air update market.
This unique research report will enable you to make confident business decisions in this
globally competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than
1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust
market & unmet needs analysis. We are based in Dallas, TX and have been a trusted
advisor for 1,000+ clients for over 20 years. We are quoted in several publications like
the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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