Automotive Over-The-Air Updates Market Expected To Grow With USD 15.75 Billion By 2030
San Francisco, 20 December 2024: The Report 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 The global automotive over-the-air updates market size to reach USD 15.75 billion in 2030 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 experien...