The Future of Over-the-Air (OTA) Market
Meticulous Research®—a leading global market research company, published a research report titled, ‘Over-the-air (OTA) Market by Offering (Solutions (FOTA, SOTA), Services), Application (OTA Testing, Wireless Communication, Software & Firmware Update, Regulatory Compliance), Industry (Automotive, BFSI, Retail), and Geography - Global Forecast to 2032.’
According to this latest publication
from Meticulous Research®, the global over-the-air (OTA) market is
projected to reach $20.7 billion by 2032, at a CAGR of 14.7% from 2025 to
2032. The growth of this market is driven by factors such as the
proliferation of IoT devices, the growing need to reduce the costs associated
with manual updates and device recalls, and the increasing demand for connected
features in vehicles. Additionally, the integration of edge computing &
blockchain technology for OTA updates and the emergence of
vehicle-to-everything (V2X) connectivity are expected to create market growth
opportunities. However, limited network bandwidth may restrain the growth of
this market. Furthermore, concerns regarding data security are major challenges
for the players operating in this market.
Additionally, the deployment of 5G
networks for faster OTA updates is a key trend in the over-the-air (OTA)
market.
The global over-the-air (OTA) market
is segmented by offering, application, and end-use industry. The study also
evaluates end-use industry competitors and analyzes the market at the
region/country level.
Based on offering, the global over-the-air (OTA) market is broadly
segmented into solutions and services. The solutions segment is further
segmented into firmware over-the-air (FOTA) and software over-the-air (SOTA).
In 2025, the solutions segment is expected to account for the larger share of
the global over-the-air (OTA) market. The large market share of this segment is
attributed to the increasing need to manage software upgrades, cybersecurity
patches, and mission-critical updates and the growing demand for OTA solutions
to deliver software updates to devices, including operating system upgrades,
firmware updates, and performance improvements.
However, the services segment is
projected to register a higher CAGR during the forecast period due to the
increasing need for OTA services for updating applications and software
components installed on devices, the rising need to manage network infrastructure,
optimize performance, remotely manage devices, and deliver new services
effectively, and growing use of 5G OTA services to evaluate the performance,
reliability, and functionality of 5G wireless devices and systems in real-world
conditions.
Based on application, the global over-the-air (OTA) market is broadly
segmented into OTA testing, software & firmware updates, wireless
communication, and regulatory compliance. In 2025, the software & firmware
update segment is expected to account for the largest share of the global
over-the-air (OTA) market. The large market share of this segment is attributed
to the proliferation of connected devices, including smartphones, IoT devices,
and automotive systems, the increasing need to deploy security patches,
encryption updates, and privacy enhancements to protect against cyber threats
and safeguard sensitive data, and the growing need to keep up with evolving
software and hardware capabilities to ensure products remain competitive and
up-to-date.
However, the OTA testing segment is
projected to register the highest CAGR during the forecast period due to the
growing need for OTA testing to assess the antenna performance, ensure wireless
devices comply with end-use industry standards and regulatory requirements,
evaluate the MIMO performance in wireless devices, and measure the throughput
and data rates of 5G devices.
Based on end-use industry, the global over-the-air (OTA) market is broadly
segmented into IT & telecommunications, automotive, consumer electronics,
manufacturing, BFSI, transportation & logistics, energy & power,
aerospace & defense, retail, healthcare, and other end-use industries. In
2025, the IT & telecommunications segment is expected to account for the
largest share of the global over-the-air (OTA) market. The large market share
of this segment is attributed to factors such as the growing need to extend the
lifecycle of varying devices, including servers, routers, switches, and network
devices, by providing software upgrades and patches, the increasing need for
remote device management, configuration, and monitoring, and the growing demand
for OTA solutions to ensure the reliability, performance, and security of
network infrastructure.
However, the automotive segment is
projected to register the highest CAGR during the forecast period due to the
increasing need to reduce the need for physical recalls due to software-related
issues, the growing adoption of autonomous electric vehicles, the proliferation
of connected car services, including telematics and vehicle-to-everything
communication (V2X), and the growing demand for OTA updates to maintain and
upgrade vehicle systems and ensure compliance with evolving regulations and
standards.
Based on geography, the global over-the-air (OTA) market is
segmented into North America, Europe, Asia-Pacific, Latin America, and the
Middle East & Africa. In 2025, North America is expected to account for the
largest share of the global over-the-air (OTA) market, followed by Europe and
Asia-Pacific. North America’s significant market share can be attributed to the
increasing advancements in connected car technologies, autonomous vehicles, and
electric vehicles, the increasing use of OTA updates to ensure compliance with
regulatory requirements and standards for data privacy, security, and safety,
the growing adoption of OTA technology in aerospace & defense systems, the
increasing adoption of software-defined infrastructure and systems, and the
growing adoption of IoT devices including smart home devices, industrial
sensors, healthcare monitors, and agricultural sensors.
However, the market in Asia-Pacific is
projected to register the highest CAGR during the forecast period. The growing
number of smartphone users and connected devices, the emergence of 5G networks,
the increasing need to reduce manual intervention, physical recalls, and
on-site maintenance, the increasing adoption of digital technologies, including
cloud computing and online services, and the growing demand for consumer
electronics, including smart TVs, streaming devices, gaming consoles, and home
appliances in the region are expected to support the growth of this market.
Key Players:
The key players operating in the
over-the-air (OTA) market are Thales (France), T-Systems International
GmbH (Germany), HARMAN International (U.S.), NXP Semiconductors N.V.
(Netherlands), BlackBerry Limited (Canada), Intertek Group plc (U.K.), TÜV SÜD
(Germany), Airbiquity Inc. (U.S.), Nokia (Finland), Cyient Limited (India),
IDEMIA (France), Microwave Vision, SA. (MVG) (France), Excelfore Corporation
(U.S.), Sibros Technologies Inc. (U.S.), Memfault Inc. (U.S.), UL LLC (U.S.),
Keysight Technologies, Inc. (U.S.), EMITE Ing.S.L. (Spain), Microchip
Technology Inc. (U.S.), shanghai Facom Technology CO., LTD.
(HBTE) (China), Advantal Technologies Private Limited (India),
and Carota Corp (Taiwan).
Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5789
Key questions answered in the
report-
·
What are
the high-growth market segments in terms of offering, application, end-use
industry, and geography?
·
What was
the historical market of the over-the-air (OTA) market?
·
What are
the market forecasts and estimates for the period 2025–2032?
·
What are
the major drivers, restraints, opportunities, and challenges in the
over-the-air (OTA) market?
·
Who are
the major players, and what shares do they hold in the over-the-air (OTA)
market?
·
What is
the competitive landscape like in the over-the-air (OTA) market?
·
What are
the recent developments in the over-the-air (OTA) market?
·
What are
the different strategies adopted by the major players in the over-the-air (OTA)
market?
·
What are
the key geographic trends, and which are the high-growth countries?
·
Who are
the local emerging players in the global over-the-air (OTA) market, and how do
they compete with the other players?
Contact Us:
Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
Comments
Post a Comment