The global Over-The-Air (OTA) testing market size is expected to reach USD 3.28 Billion in 2028 and register a CAGR of 10.3% over the forecast period, according to the latest report by Reports and Data. Increasing adoption of Internet-of-Things (IoT) technology and smart devices, and rising adoption of autonomous cars are key factors expected to drive market revenue growth over the forecast period. In addition, increasing implementation of OTA testing across the supply chain is expected to contribute significantly to revenue growth of the market going ahead.
Rapid advancement of IoT technology and increasing penetration of smart devices such as laptops, smartphones, and fitness wearables is expected to further drive market growth over the forecast period. Smart devices are connected with Wi-Fi, Bluetooth, and cellular networks, which is driving the need for OTA testing to check performance capabilities and ensure various regulatory compliances are met. OTA ensures regular updating of Internet-connected hardware with new settings, software, and/or firmware via Wi-Fi, mobile broadband, and built-in functions in the device OS.
Increasing demand for autonomous cars are providing opportunities to automobile manufactures to implement OTA technology in autonomous vehicles. OTA updates are an important constituent of autonomous driving technology, owing to which, major Original Equipment Manufacturers (OEMs) across the globe are focusing on developing OTA capabilities in the autonomous driving ecosystem. OTA technology along with V2X connectivity allows cars ahead to share detailed information immediately for cars behind, to improve traffic flow, and also to gain information related to traffic jams, weather conditions, alternate routes, road repairs, and vehicle battery charging stations.
Major 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, societal, and interpersonal transactions and exchanges are all facilitated by information and communication technology (ICT). People’s working, communicating, learning, and living styles have all changed dramatically as a result of information and communication technology. Furthermore, ICT continues to alter all aspects of human life, as computers and now robots perform many of the duties previously performed by humans. For example, computers used to answer phones and direct calls to the proper personnel to react; currently, robots can not only answer calls, but they can also fulfil callers’ service needs more swiftly and efficiently.
ICT’s contribution to economic development and corporate expansion has been so significant that it has been credited with ushering in what has been dubbed the Fourth Industrial Revolution by many.
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Conclusively, all aspects of the Over-the-Air (OTA) Testing market are quantitatively as well qualitatively assessed to study the global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects.