Automotive OTA Updates : A complete backdrop analysis, which includes an assessment of the parent market 2018-21
Press
Release - 20 Mar 2018
Global
Research and Development News
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Report
Description-
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protocols and policies about vehicle safety and increasing demand for
connected car devices and services to increase the demand for
over-the-air (OTA) updates market for automotive. Major factors
driving the automotive OTA updates market include the increased
production of electric vehicles, rising demand for connected car
devices, government regulations regarding safety and cyber security
of the vehicle, and increasing demand for advanced applications such
as telematics and infotainment. Furthermore, the new vehicle safety
norms are encouraging automotive manufacturers to protect vehicle
data from remote hacking and malfunctioning, which in turn is
increase in the demand for automotive OTA updates market. The
non-availability of supporting infrastructure in developing countries
is anticipated to hinder the automotive OTA updates market.
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The
global automotive OTA updates market can be segmented based on
technology, application, vehicle, electric vehicle, and region. In
terms of technology, the automotive OTA updates market can be divided
into firmware over-the-air (FOTA), and software over-the-air (SOTA).
Based on application, the automotive OTA updates market can be
classified into electronic control unit, telematics control unit,
infotainment, and safety & security. The telematics control unit
segment is anticipated expand during the forecast period due to the
increase in number of telecommunication applications. Several
automotive manufacturers are offering telematics control unit as a
standard device in their vehicles. Automotive manufacturers such as
General Motors, Mercedes Benz, BMW, and Volkswagen AG provide the
telematics control unit in their passenger car models. Furthermore,
the telematics control unit is expected to help automotive companies
to examine the frequently occurring problems within a vehicle, which
in turn is likely to be rectified in the new products. The updates in
telematics control unit applications and real-time data analytics are
estimated to drive the telematics control unit application segment of
the automotive OTA updates market. Based on vehicle, the automotive
OTA updates market can be divided into passenger vehicle, light
commercial vehicle, and heavy commercial vehicle. The passenger
vehicle segment is estimated to expand significantly during the
forecast period due to the rise in income level and significant
difference in the average amount of money spent on automobile safety
and security for personal use vehicle. In terms of electric vehicle,
the automotive OTA updates market can be segregated into battery
vehicle, hybrid electric vehicle, and plug-in hybrid electric
vehicle. Continuous promotion and support by the government in the
usage of green energy is expected to drive the electrical vehicle
segment during the forecast period. The hybrid electric vehicles
segmented accounted for a higher share of the global market as
compared to battery electric vehicle and plug-in hybrid electric
vehicle segments.
Based on geography, the global automotive OTA
updates market can be divided into North America, Europe, Asia
Pacific, Middle East & Africa, and Latin America. North America
is projected to hold a significant share of the automotive OTA
updates market during the forecast period. Expansion of the market in
the region can be attributed to various factors such as increasing
number of connected car devices in vehicles, rise in production of
electric vehicles, and frequent infotainment & telematics
services updates. Moreover, strategic alliances between automotive
manufacturers and non-automotive companies, exceptional communication
infrastructure, and government regulations for vehicle data security
are expected to increase in demand for OTA updates market in the
region.
Key players operating in the global automotive OTA
updates market are Robert Bosch Gmbh, Continental Ag, Apple Inc.,
Harman International Industries Inc., ATS Advanced Telematic Systems
Gmbh, Google Inc., Blackberry Limited, and Nvidia Corporation.
The report offers a comprehensive evaluation of
the market. It does so via in-depth qualitative insights, historical
data, and verifiable projections about market size. The projections
featured in the report have been derived using proven research
methodologies and assumptions. By doing so, the research report
serves as a repository of analysis and information for every facet of
the market, including but not limited to: Regional markets,
technology, types, and applications.
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive
primary research (through interviews, surveys, and observations of
seasoned analysts) and secondary research (which entails reputable
paid sources, trade journals, and industry body databases). The
report also features a complete qualitative and quantitative
assessment by analyzing data gathered from industry analysts and
market participants across key points in the industry’s value
chain.
A separate analysis of prevailing trends in the
parent market, macro- and micro-economic indicators, and regulations
and mandates is included under the purview of the study. By doing so,
the report projects the attractiveness of each major segment over the
forecast period.
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
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Clear Details get Table of Contents
https://www.researchmoz.us/automotive-ota-updates-market-global-industry-analysis-size-share-growth-trends-and-forecast-2017-2025-report.html#table-of-content
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