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
Market Size & Trends
The global automotive over-the-air updates market size was valued at USD 4.21 billion in 2023 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 experiencing an increase in security and safety challenges. At the same time, they have the opportunity to transform business models by offering new aftermarket services and features on demand, delivered through over-the-air solutions. moreover, the increasing adoption of connected cars, improving customer experience, reducing costs and improving efficiency, enabling new business models, increasing regulatory requirements, and advancements in technology are all contributing to the growth of Automotive over-the-air updates. As more cars become connected, the demand for remote software updates increases, allowing automakers to enhance the driving experience by providing bug fixes, security patches, and new features without requiring customers to visit a dealership
Automotive Over-The-Air Updates Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global automotive over-the-air updates market report based on type, propulsion, vehicle type, application, and region.
- Type Outlook (Revenue, USD Million, 2018-2030)
- Software
- Firmware
- Propulsion Outlook (Revenue, USD Million, 2018-2030)
- Internal Combustion Engine
- Electric
- Vehicle Type Outlook (Revenue, USD Million, 2018 - 2030)
- Passenger Vehicle
- Commercial Vehicle
- Application Outlook (Revenue, USD Million, 2018 - 2030)
- Telematics Control Unit
- Infotainment System
- Electronics Control Unit
- Safety & Security
- Others
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Latin America
- Brazil
- Mexico
- Middle East and Africa (MEA)
- Kingdom of Saudi Arabia
- UAE
- South Africa
- Chapter 1 Methodology and Scope
- 1.1 Market Segmentation & Scope
- 1.2 Market Definitions
- 1.3 Information Procurement
- 1.3.1 Information Analysis
- 1.3.2 Market Formulation & Data Visualization
- 1.3.3 Data Validation & Publishing
- 1.4 Research Scope and Assumptions
- 1.4.1 List OF Data Sources
- Chapter 2 Executive Summary
- 2.1 Market Snapshot
- 2.2 Segment Snapshot (1/2)
- 2.3 Segment Snapshot (2/2)
- 2.4 Competitive Landscape Snapshot
- Chapter 3 Smart Thermostat Market: Industry Outlook
- 3.1 Market Outlook
- 3.2 Industry Value Chain Analysis
- 3.3 Market Dynamics
- 3.3.1 Market Driver Analysis
- 3.3.2 Market Restraint Analysis
- 3.3.3 Market Opportunities Analysis
- 3.3.4 Market Challenges Analysis
- 3.4 Industry Analysis Tools
- 3.4.1 Porter’s Analysis
- 3.4.2 Macroeconomic Analysis
- 3.5 Smart Thermostat Market Technology Trends
- Chapter 4 Smart Thermostat Market: Technology Estimates & Trend Analysis
- 4.1 Technology Movement Analysis & Market Share, 2023 & 2030
- 4.2 Smart Thermostat Market Estimates & Forecast, by Technology (USD Million)
- 4.2.1 Wi-Fi
- 4.2.2 Zigbee
- 4.2.3 Others
- Chapter 5 Smart Thermostat Market: Product Estimates & Trend Analysis
- 5.1 Product Movement Analysis & Market Share, 2023 & 2030
- 5.2 Smart Thermostat Market Estimates & Forecast, By Product (USD Million)
- 5.2.1 Connected
- 5.2.2 Standalone
- 5.2.3 Learning
- Chapter 6 Smart Thermostat Market: End Use Estimates & Trend Analysis
- 6.1 End Use Movement Analysis & Market Share, 2023 & 2030
- 6.2 Smart Thermostat Market Estimates & Forecast, By End Use (USD Million)
- 6.2.1 Commercial
- 6.2.2 Residential
- 6.2.3 Industrial
- Chapter 7 Regional Estimates & Trend Analysis
- 7.1 Smart Thermostat Market: Regional Outlook
- 7.2 North America
- 7.2.1 North America Smart Thermostat Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.2.2 U.S.
- 7.2.3 Canada
- 7.2.4 Mexico
- 7.3 Europe
- 7.3.1 Europe Smart Thermostat Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.3.2 Germany
- 7.3.3 UK
- 7.3.4 France
- 7.4 Asia Pacific
- 7.4.1 Asia Pacific Smart Thermostat Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.4.2 China
- 7.4.3 Japan
- 7.4.5 India
- 7.5 Latin America
- 7.5.1 Latin America Smart Thermostat Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.5.2 Brazil
- 7.6 Middle East and Africa
- 7.6.1 Middle East And Africa Smart Thermostat Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.6.2 UAE
- 7.6.3 Saudi Arabia
- 7.6.4 South Africa
- Chapter 8 Smart Thermostat Market - Competitive Landscape
- 8.1 Recent Developments & Impact Analysis, By Key Market Participants
- 8.2 Company Categorization
- 8.3 Participant’s Overview
- 8.4 Financial Performance
- 8.5 Product Benchmarking
- 8.6 Company Market Positioning
- 8.7 Company Heat Map Analysis
- 8.8 Strategy Mapping
- 8.8.1 New Product Launches
- 8.8.2 Expansion
- 8.8.3 Mergers & Acquisitions
- 8.8.4 Collaborations
- 8.9 Company Profiles
- 8.9.1 Centrica Hive Limited
- 8.9.1.1 Participant’s Overview
- 8.9.1.2 Financial Performance
- 8.9.1.3 Product Benchmarking
- 8.9.1.4 Recent Developments
- 8.9.2 Control4.
- 8.9.2.1 Participant’s Overview
- 8.9.2.2 Financial Performance
- 8.9.2.3 Product Benchmarking
- 8.9.2.4 Recent Developments
- 8.9.3 ecobee
- 8.9.3.1 Participant’s Overview
- 8.9.3.2 Financial Performance
- 8.9.3.3 Product Benchmarking
- 8.9.3.4 Recent Developments
- 8.9.4 Emerson Electric Corporation
- 8.9.4.1 Participant’s Overview
- 8.9.4.2 Financial Performance
- 8.9.4.3 Product Benchmarking
- 8.9.4.4 Recent Developments
- 8.9.5 Google Nest
- 8.9.5.1 Participant’s Overview
- 8.9.5.2 Financial Performance
- 8.9.5.3 Product Benchmarking
- 8.9.5.4 Recent Developments
- 8.9.6. Honeywell Home
- 8.9.6.1 Participant’s Overview
- 8.9.6.2 Financial Performance
- 8.9.6.3 Product Benchmarking
- 8.9.6.4 Recent Developments
- 8.9.7 Johnson Controls
- 8.9.7.1 Participant’s Overview
- 8.9.7.2 Financial Performance
- 8.9.7.3 Product Benchmarking
- 8.9.7.4 Recent Developments
- 8.9.8 Lux Products Corporation
- 8.9.8.1 Participant’s Overview
- 8.9.8.2 Financial Performance
- 8.9.8.3 Product Benchmarking
- 8.9.8.4 Recent Developments
- 8.9.9 Netatmo SA
- 8.9.7.1 Participant’s Overview
- 8.9.7.2 Financial Performance
- 8.9.7.3 Product Benchmarking
- 8.9.7.4 Recent Developments
- 8.9.10 Resideo Technologies, Inc
- 8.9.8.1 Participant’s Overview
- 8.9.8.2 Financial Performance
- 8.9.8.3 Product Benchmarking
- 8.9.8.4 Recent Developments
- 8.9.11 Siemens
- 8.9.11.1 Participant’s Overview
- 8.9.11.2 Financial Performance
- 8.9.11.3 Product Benchmarking
- 8.9.11.4 Recent Developments
- 8.9.12. Tado GmbH
- 8.9.12.1 Participant’s Overview
- 8.9.12.2 Financial Performance
- 8.9.12.3 Product Benchmarking
- 8.9.12.4 Recent Developments
- 8.9.13 Vine Connected Corporation
- 8.9.13.1 Participant’s Overview
- 8.9.13.2 Financial Performance
- 8.9.13.3 Product Benchmarking
- 8.9.13.4 Recent Developments
- 8.9.14 Lennox International
- 8.9.14.1 Participant’s Overview
- 8.9.14.2 Financial Performance
- 8.9.14.3 Product Benchmarking
- 8.9.14.4 Recent Developments
- 8.9.15 Trane Technologies
- 8.9.15.1 Participant’s Overview
- 8.9.15.2 Financial Performance
- 8.9.15.3 Product Benchmarking
- 8.9.15.4 Recent Developments
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