The Global Over-The-Air 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.
Narrowband-Internet-of-things (NB-IoT) technology utilizes existing cellular network infrastructure to deliver excellent coverage and reliable connectivity and is widely adopted by wireless connectivity operators for qualifying the interoperability and compliance of NB-IoT devices. This is expected to boost revenue growth of the market to a significant extent going ahead.
However, high cost of testing devices is expected to restrain growth of the global Over-The-Air Testing market to a certain extent over the forecast period.
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Table of Contents:
Chapter 1. Methodology Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary Sources
1.4.2. Secondary Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020-2030
Chapter 3. Key Insights
Chapter 4. Global Pharma Healthcare Market Segmentation
4.1. Global Pharma Healthcare Market COVID-19 Impact Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers’ analysis
4.2.3. Market restraints analysis
4.3. Technological Insights
4.4. Porter’s Five Forces Analysis
4.5. Regulatory Framework
4.6. Price trend Analysis
4.7. Competitive Metric Space Analysis
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Key Regional Markets Covered in the Report:
· North America (U.S., Canada, Mexico)
· Europe (U.K., Italy, Germany, Spain, France, BENELUX, Rest of Europe)
· Asia Pacific (India, Japan, China, South Korea, Australia, Rest of Asia Pacific)
· Latin America (Chile, Brazil, Argentina, Rest of Latin America)
· The Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
Top 10 Companies Operating in the Global Current Sense Amplifier Market:
· Bureau Veritas SA,
· Intertek Group PLC,
· Rohde Schwarz GmbH Co.KG
· Others
Key Takeaways of the Competitive Overview Section:
· Overview of the company profiles of each market player
· Industrial chain analysis of each player
· Revenue share contribution
· Sales network and distribution channels and net profits and losses of each company
· Key business growth strategies undertaken by these players
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