Market Highlights:
The Global Automotive Over-The-Air (OTA) Updates Market is expected to register a CAGR of 22.2% during the forecast
period. The growth of the market is driven by various factors such as increasing instances of vehicle recalls and growing
deployment of connected car devices in vehicles. However, the growth of the market can be hindered due to lack of
adequate infrastructure in developing countries.
The global automotive OTA updates market has been categorized into four regions—North America, Europe, Asia-Pacific,
and the rest of the world. The rest of the world segment has been further divided into the Middle East and Africa and
South America. North America led the automotive OTA updates market in 2017, whereas Asia-Pacific is expected to be the
fastest-growing regional market in the automotive OTA updates market during the forecast period. Europe accounted for
the second spot in terms of market share in 2017.
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