Automotive Over-The-Air Updates Market Size, Share & Trends Analysis Report By Type (Software, Firmware), By Propulsion, By Vehicle Type (Passenger, Commercial), By Application, By Region, And Segment Forecasts, 2024 - 2030
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Aptiv PLC
BlackBerry Limited
Continental AG
Denso Corporation
Garmin Ltd
HARMAN International
Infineon Technologies AG
NVIDIA Corporation
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Market Size & Trends
The global automotive over-the-air updates market size was valued at USD 4.21 billion in 2023 and is expected to grow a CAGR of 21.3% from 2024 to 2030. The growth is attributed to the rising number of connected cars and electric vehicles. As the number of these software-dependent automobiles grows, the demand for over-the-air updates also increases. Consequently, OEMs are investing in wireless automotive software update technologies to ensure vehicles remain in optimal working condition.
New technologies such as electrification, 5G, computer vision, and advanced AI and machine learning-based software solutions are converging. Consequently, automotive manufacturers are experiencing an increase in security and safety challenges. At the same time, they have the opportunity to transform business models by offering new aftermarket services and features on demand, delivered through over-the-air solutions. moreover, the increasing adoption of connected cars, improving customer experience, reducing costs and improving efficiency, enabling new business models, increasing regulatory requirements, and advancements in technology are all contributing to the growth of Automotive over-the-air updates. As more cars become connected, the demand for remote software updates increases, allowing automakers to enhance the driving experience by providing bug fixes, security patches, and new features without requiring customers to visit a dealership
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global automotive over-the-air updates market report based on type, propulsion, vehicle type, application, and region.
Type Outlook (Revenue, USD Million, 2018-2030)
Software
Firmware
Propulsion Outlook (Revenue, USD Million, 2018-2030)
Internal Combustion Engine
Electric
Vehicle Type Outlook (Revenue, USD Million, 2018 - 2030)
Passenger Vehicle
Commercial Vehicle
Application Outlook (Revenue, USD Million, 2018 - 2030)
Telematics Control Unit
Infotainment System
Electronics Control Unit
Safety & Security
Others
Regional Outlook (Revenue, USD Million, 2018 - 2030)