Global Over the Air (OTA) Updates market cagr 13.7%

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Over the Air (OTA) Updates Market

Over the Air (OTA) Updates Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Over the Air (OTA) Updates Market Size and Growth

The Over the Air (OTA) Updates market is witnessing substantial growth, driven by increasing demand for seamless software updates in automotive and IoT devices. The market size is projected to reach USD 8 billion by 2025, reflecting a compound annual growth rate (CAGR) of 20%. Enhanced connectivity and security further fuel adoption.

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Companies Covered

(Covid 19 Impact Covered)

◍ Blackberry

◍ Infineon Technologies

◍ NXP Semiconductors

◍ Garmin

◍ Robert Bosch

◍ Harman International

◍ Qualcomm

◍ Continental Automotive

◍ Verizon Communications

◍ Nvidia

◍ Airbiquity

◍ Movimento

The OTA updates market is competitive, with key players like BlackBerry, Infineon Technologies, and Qualcomm offering robust solutions for software management in automotive and IoT sectors. These companies enhance security, streamline updates, and foster innovation, driving market growth. Sales figures include:

- BlackBerry: $1 billion+

- Qualcomm: $33 billion+

- Garmin: $3.4 billion+

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Market Segmentation

By Application

◍ Telematics Control Unit (TCU)

◍ Electronic Control Unit (ECU)

◍ Infotainment

◍ Safety & Security

By Product

◍ Firmware over-the-air (FOTA)

◍ Software over-the-air (SOTA)

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Market Growth

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$ X Billion USD

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Global Over the Air (OTA) Updates market cagr 13.7% by ReportPrime - Issuu