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Industry Analysis Telecoms & Computing

Global Software Over the Air Market to Surge at XX.X% CAGR, which is anticipated to reach USD XXXX billion by 2030

CRI Report has released a report titled “Global Software Over the Air Market –Global Analysis of Market Size, Share & Trends for 2019 – 2020 and Forecasts to 2030” which is anticipated to reach USD XXXX billion by 2030. According to a study by CRI Report, the Global Software Over the Air Market is expected to dominate the world economic landscape and show a significant rate of growth in the years to come. This growth is due to the rapidly evolving industry infrastructure, commercialization, and changes in global software requirements over the next few years. The growth has created a strong presence of the products and services of the Global Software Over the Air Market. In addition, the growing production of electric vehicles and growing demand for connected cars and electric vehicle devices are the key drivers driving the aviation market for Global Software Over the Air.

The market report on Global Software Over the Air Market includes in-depth insights as:

  • The estimated value of the market was USD XX.XX billion in the year 2021.
  • Global Software Over the Air in Asia Pacific held the largest market share in the year 2020.
  • Based on Applications, Bug Fixing emerged as a key segment in the Global Software Over the Air market.
  • Based on Industry Vertical, Automotive emerged as a key segment in the Global Software Over the Air market.
  • Key players are likely to focus on product innovations and expansion through mergers to retain their positions in developed markets.

“The increasing prevalence of Internet of Things (IoT) technology is encouraging large automobile manufacturers to shift their focus to connected vehicles and bring new variants to the market or to integrate advanced connectivity functions into existing models for the global software market. Answer to the growing demand of people for the most modern navigation, telematics and infotainment systems. These systems are based on software installed on the vehicle’s integrated hardware, which must be updated regularly to function properly. Therefore, increasing integration of smart, connected technologies is a major trend to be witnessed in the Global Software Over the Air Market”, according to this report

Software over the air refers to the wireless transmission of new software, software patches, configuration settings, and critical functions over a cellular or Wi-Fi connection to automotive and smart devices, among other things. Over-the-air software is generally downloaded as a delta file rather than transferring an entire file. Software installation file, that is; The supplier only sends the part that needs to be changed. This leads to a reduced download time and reduced distribution costs. Over-the-air software is a standard for communicating and downloading application-related instructions in a wireless communication system. Smartphones and laptops are among the most common devices used for over-the-air software updates.

The Global Software Over the Air Market is segmented by Application into Bug Fixing, Adding/Removing Apps, Improving User Interface, Providing New Features, Others. The Bug Fixing segment had a significant market share in previous years. In general, bugs are not always found and corrected before a product is sold. Some of the bugs could result in a recall of all devices, but over-the-air software would not require this as the bug can be fixed and updated firmware can be pushed to each device.

Key Players in the Market

  • Some of the key players operating in the Global Software Over the Air Market are Harman, Abupdate, CAROTA, Desay SV, Aptiv, Wind River, Robert Bosch, Continental, ZF Friedrichshafen, DENSO, Faurecia, Get Valuable Insights into Global Software Over the Air Market.

In the new report, CRI Report thrives to present an unbiased analysis of the Global Software Over the Air Market that covers the historical demand data as well as the forecast figures for the period, i.e., 2021-2030. The study includes compelling insights into growth that is witnessed in the market. Global Software Over the Air market is segmented By Application into Bug Fixing, Adding/Removing Apps, Improving User Interface, Providing New Features, Others; By Network Type into Cellular, and Wi-Fi; By Industry Vertical into Telecom, Automotive, Aviation, Healthcare, Retail, Others Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific and Middle East and Africa.

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