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Over the Air Software Market: Segmented: by type (maps software over-the-air, apps software over-the-air, infotainment software over-the-air and others); by end-use (automobile industry, gaming industry, media and entertainment); by region (North America, Latin America, Europe, Asia-Pacific and Middle-East & Africa) - Analysis of market share, size & trends for 2016-19 and forecasts to 2030
Software Over-the-air Market to shoot USD 24.1 billion by 2030 from USD 5.1 billion in 2021 at a CAGR of 18.9 % throughout the forecast period, i.e., 2020-30
Over-The-Air is a standard for the transmission and reception of application-related information in a wireless communications system. An over-the-air update is a wireless delivery to mobile phones, tablets, and other devices of new software or data. Traditionally, wireless carriers used over-the-air updates to deploy firmware and configure phones for use on their networks.
Software Over-the-air Market is expected to project a CAGR of 18.9% during the forecast period, 2020-2030
It is expected that the advent of new technological developments like recent technologies such as DDI (AI) and the Internet of Things (IoT), finding their use across industrial and residential applications and the rapid pace of Over The Air Software Update across different industries will drive the growth of the global Over The Air Software Update Market over the forecast period.
Based on over-the-air software type
the Software over-the-air market can be segmented into maps software over-the-air, apps software over-the-air, infotainment software over-the-air, and others. Maps software over-the-air is used to update the navigation maps through the telematics systems. Apps software over-the-air updates are implanted applications or featured software while, infotainment software over-the-air updates area a combination of information and entertainment.
Based on the end-use
the media and entertainment fragment is anticipated to outshine the other segments in the forecast period with a CAGR of XX%.
Global Software over the air has substantial economic advantages due to large cost savings compared to the existing manual approaches.
Automakers can slash the cost of updating vehicle software significantly to improve performance or repair problems. They can now tackle customer demands for the new cloud-based services, voice recognition, navigation, maps, and other services, which are presently being updated through service appointments. Embracing over-the-air software update technology drives the global demand for over-the-air software updates. The above-listed factors attract automakers to improve their customer experience.
Cyber-security is one of the major threats to the growth of the Software Over-the-air market.
Few other challenges include the code size of the application based on the microcontroller, robustness, bandwidth that the boot loader needs to work properly
The global Software over-the-air market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia-Pacific, and Middle-East & Africa. North America exhibits the highest growth rate of all due to the earliest acceptance of this innovation. Europe accounts for the second-highest overall growth rate of the market. Asia-Pacific has maximum potential for the overall growth of the Software Over-the-air market due to the rising per capita income of the population and many end-users setting their production facilities in these regions.
Company overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
The Over the Air Software Market size was estimated at USD XX in 2021 and is expected to reach USD XX by 2030
Gemalto NV, Libelium Comunicaciones Distribuidas S.L., Harman International, WindRiver, Movimento, Aricent Inc., Autonet Mobile Inc., Hitachi Automotive Systems Ltd.m Advanced Telematic Systems GmbH, Zeeis Technologies, Others
over-the-air software type and Based on the end-use segment are anticipated to hold the Over the Air Software Market
Drivers Global Software over the air has substantial economic advantages due to large cost savings compared to the existing manual approaches. ncreased Fire-related Expenditure of Various Enterprises and Rise in Deaths and Loss of Properties
Over-The-Air is a standard for the transmission and reception of application-related information in a wireless communications system. An over-the-air update is a wireless delivery to mobile phones, tablets, and other devices of new software or data. Traditionally, wireless carriers used over-the-air updates to deploy firmware and configure phones for use on their networks.
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