global The size of the Over-The-Air (OTA) testing market is expected to reach $ 3.28 billion in 2028 and record a CAGR of 10.3% over the forecast period, according to the latest report from Reports and Data. The growing adoption of Internet-of-Things (IoT) technology and smart devices, and the growing adoption of autonomous vehicles are the key factors that are expected to drive market revenue growth during the forecast period. Moreover, increasing the implementation of OTA testing across the supply chain is expected to contribute significantly to the growth of ongoing market revenues.
The rapid advancement of IoT technology and the increasing penetration of smart devices such as laptops, smartphones and wearable fitness devices are expected to further boost market growth during the forecast period. The smart devices are connected to Wi-Fi, Bluetooth and mobile networks, which is pushing the need for OTA testing to check performance capabilities and ensure that various regulatory compliance is met. OTA ensures regular updating of Internet-connected devices with new settings, software and / or firmware via Wi-Fi, mobile broadband and features integrated into the device’s operating system.
The growing demand for autonomous vehicles is enabling automobile manufacturers to apply OTA technology to autonomous vehicles. OTA updates are an important component of autonomous steering technology, due to which, Leading Original Equipment Manufacturers (OEMs) across the globe are focusing on developing OTA capabilities in the autonomous steering ecosystem. OTA technology along with V2X connectivity allows forward cars to share detailed instant information instantly about rear cars, improve traffic flow and also receive information about traffic jams, weather conditions, alternative routes, road repairs and stations of vehicle battery charging.
Leading players in the market include Bureau Veritas SA, Intertek Group PLC, Rohde & Schwarz GmbH & Co.KG, SGS SA, Eurofins Scientific SE, Anristu Corporation, Qualcomm Technologies Inc., UL LLC, BluFlux LLC, and Microwave Vision Group (MVG)
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Economic, social and interpersonal transactions and exchanges are all facilitated by information and communication technology (ICT). People’s work, communication, learning and living styles have changed dramatically as a result of information and communication technology. Moreover, ICT continues to change all aspects of human life, as computers and now robots perform many of the tasks previously performed by humans. For example, computers used to answer phones and direct calls to the right personnel to respond; currently, robots can not only answer calls, but can also meet caller service needs more quickly and efficiently.
The contribution of ICT to economic development and corporate expansion has been so significant that it has been praised with the creation of what has been called the Fourth Industrial Revolution by many.
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Eventually, all aspects of the Over-the-Air Testing (OTA) market have been quantitatively and qualitatively assessed to comparatively study the global and regional market. This market study presents critical information and factual data about the market providing an overall statistical study of this market based on market drivers, constraints and its future prospects.