Asia Pacific Automotive Over-The-Air (OTA) Updates Market Forecast (2017-2025)

Year CHINA INDIA JAPAN SOUTH KOREA REST OF ASIA PACIFIC
2017 $ 120.8 $ 12.3 $ 49.0 $ 23.3 $ 35.3
2018 $ 146.1 $ 15.7 $ 58.8 $ 28.6 $ 43.3
2019 $ 177.0 $ 20.1 $ 70.9 $ 35.2 $ 53.3
2020 $ 215.9 $ 25.8 $ 86.0 $ 43.7 $ 66.0
2021 $ 265.2 $ 33.4 $ 105.1 $ 54.6 $ 82.3
2022 $ 328.5 $ 43.7 $ 129.5 $ 68.9 $ 103.5
2023 $ 411.2 $ 57.7 $ 161.5 $ 87.8 $ 131.7
2024 $ 521.3 $ 77.3 $ 203.9 $ 113.4 $ 169.8
2025 $ 670.3 $ 105.0 $ 261.4 $ 148.6 $ 222.2
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Asia Pacific Automotive Over-The-Air (OTA) Updates Market Forecast (2017-2025)

Synopsis
The above chart is Global Automotive Over-The-Air (OTA) Updates market [2017-2025] by Asia Pacific

Market Dynamics

china accounted for the largest market share in 2018 in the asia pacific automotive over-the-air (ota) updates market, and is expected to reach usd 670.30 million in 2025 from usd 146.10 million in 2018. however, india is the fastest growing market, which is expected to grow at a cagr of 31.72% during the forecast period 2019 - 2025. software over the air technology sota segment accounted for the larger market share in 2018, this market is expected to reach usd 924.30 million in 2025 from usd 188.00 million in 2018. this market is projected to grow at a cagr of 26.10% during the forecast period from 2019 - 2025. however, software over the air technology sota segment is the fastest growing market, which is expected to grow at a cagr of 26.10% during the forecast period 2019 - 2025. telematics control unit tcu segment accounted for the largest market share in 2018, this market is expected to reach usd 609.80 million in 2025 from usd 112.60 million in 2018. this market is projected to grow at a cagr of 27.82% during the forecast period from 2019 - 2025. however, telematics control unit tcu segment is the fastest growing market, which is expected to grow at a cagr of 27.82% during the forecast period 2019 - 2025. ice segment accounted for the larger market share in 2018, this market is expected to reach usd 924.30 million in 2025 from usd 214.90 million in 2018. this market is projected to grow at a cagr of 23.67% during the forecast period from 2019 - 2025. however, electric vehicle segment is the fastest growing market, which is expected to grow at a cagr of 30.42% during the forecast period 2019 - 2025. passenger car segment accounted for the largest market share in 2018, this market is expected to reach usd 274.30 million in 2025 from usd 48.80 million in 2018. this market is projected to grow at a cagr of 28.51% during the forecast period from 2019 - 2025. however, light commercial vehicle segment is the fastest growing market, which is expected to grow at a cagr of 33.53% during the forecast period 2019 - 2025.

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