Automotive Over-The-Air Updates Market Analysis, Development [2028], Key Terms
According to TechSci Research report, “ Automotive Over-The-Air (OTA) Updates Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Automotive Over-The-Air (OTA) Updates Market stood at USD 5.75 Billion in 2022 and is anticipated to grow with a CAGR of 5.94% in the forecast period, 2024-2028. The Global Automotive Over-The-Air (OTA) Updates Market is witnessing significant growth as a transformative force in the automotive industry's approach to software management. This market's evolution is intricately tied to the increasing complexity of in-vehicle software, driven by the advent of electric vehicles, advanced driver-assistance systems (ADAS), and the growing demand for connected features. Automotive OTA updates represent a paradigm shift, enabling manufacturers to remotely deploy software enhancements, bug fixes, and security patches directly to vehicles, eliminating the need for traditional and often...