Global Automotive Over-the-air Update Market Size & Outlook

The automotive over-the-air update industry worldwide is expected to reach a projected revenue of US$ 15,755.2 million by 2030. A compound annual growth rate of 22% is expected of the worldwide automotive over-the-air update industry from 2025 to 2030.
Revenue, 2024 (US$M)
$4,939.1
Forecast, 2030 (US$M)
$15,755.2
CAGR, 2025 - 2030
22%
Report Coverage
Worldwide

Global automotive over-the-air update market, 2018-2030 (US$M)

Global automotive over-the-air update market highlights

  • The global automotive over-the-air update market generated a revenue of USD 4,212.3 million in 2023 and is expected to reach USD 15,755.4 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 20.7% by 2030.
  • In terms of segment, software accounted for a revenue of USD 4,212.3 million in 2023.
  • Software is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.


Global data book summary

Market revenue in 2023USD 4,212.3 million
Market revenue in 2030USD 15,755.4 million
Growth rate20.7% (CAGR from 2023 to 2030)
Largest segmentSoftware
Fastest growing segmentSoftware
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSoftware


Other key industry trends

  • In terms of revenue, the North America accounted for 31.6% of the global automotive over-the-air update market in 2023.

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Automotive Over-The-Air Update Market Scope

Automotive over-the-air update market segmentation & scope
Software
Firmware
Internal Combustion Engine
Electric
Passenger Vehicle
Commercial Vehicle
Telematics Control Unit
Infotainment System
Electronics Control Unit
Safety & Security
Other Application
Countries
U.S.
Canada
Mexico
UK
Germany
France
Japan
China
India
Australia
South Korea
Brazil
South Africa
Saudi Arabia
UAE

Automotive Over-The-Air Update Market Companies

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Global automotive over-the-air update market size, by regions, 2018-2030 (US$M)

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