“Automotive OTA Updates market set to reach $1.71bn in 2019” says new Visiongain report

04 February 2019
Automotive

Visiongain has launched a new automotive report Automotive Over the Air (OTA) Updates Market Report 2019-2029: Forecasts by Type (Software Over the Air (SOTA) (Map, App, Infotainment), Firmware Over the Air (FOTA) (Telematics Control Unit (TCU), Electronic Control Unit (ECU)), by Component (Controller, CarInfo, Download, Repo Update, Others), by Vehicle Type (Passenger Cars (Hatchback, Sedan, SUV), Heavy Vehicles, Defence Vehicles, Off-Road Vehicles), by Region, Country and Profiles of Leading Companies.

Automotive OTA updates offer OEMs the ability to provide a convenient method of updating software and firmware. The software code has significantly increased in modern vehicles owing to improved functionality and safety. Advanced software is being integrated into vehicles to provide the ability to stay connected using telematics and smartphone integration technologies. To keep vehicles safe and up to date, it is essential for OEMs to have the ability to update their code when desired. Automotive OTA updates reduce the recall of vehicles due to safety concerns, address software related issue that requires updating, and update vehicles with new software releases sent by the OEM.

The Visiongain report analyst commented "OTA enables cost savings for auto manufacturers, while keeping vehicles safe and up-to-date with less cost to both automakers and car owners. Automotive OTA updates offer automakers the ability to rollout secure updates remotely, instead of conducting large scale recall campaigns. These updates enable customers to purchase upgrades at the touch of a button, providing vehicles on the road with the latest available updates. The rise of smartphones and other mobile devices has increased the demand for apps and content, including familiar features and user interfaces. Remote OTA software updates ensure apps can be added and refreshed to keep systems relevant and consumers engaged and satisfied. Delivery of high quality entertainment, news, and information content from well-known providers is done through OTA updates. Automotive OTA updates ensure advanced safety and security of consumers and vehicles. OTA updates are essential to keep a vehicle up to date with the latest security patches and to quickly remediate software issue or security vulnerability. Automakers are using OTA updates as a cost effective tool for recalls that can be reduced with remote software updates."

The comprehensive 289 page report provides forecasts by type (Software Over the Air (SOTA) (Map, App, Infotainment), Firmware Over the Air (FOTA) (Telematics Control Unit (TCU), Electronic Control Unit (ECU))) by component (Controller, CarInfo, Download, Repo Update, Others) by vehicle type (Passenger Cars (Hatchback, Sedan, SUV), Heavy Vehicles, Defence Vehicles, Off-Road Vehicles) by region, and country.

Leading companies featured in the report who are developing automotive OTA updates include Aptiv PLC, Intel Corporation, Samsung Electronics Co., Ltd., Robert Bosch GmbH, Airbiquity Inc., ATS Advanced Telematic Systems GmbH, Fujitsu Ltd., Lear Corporation, Microsoft Corporation, NXP Semiconductors, Tesla, Inc., Continental AG, Garmin Ltd, Infineon Technologies AG, and Autonet Mobile, Inc.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 207 336 6100.

About Visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

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