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New Study-OTA Testing Market Expected to Grow at 1.77 Billion In Revenue by 2023

ReportsnReports offers a global published report on “OTA Testing Market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 148 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.

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The OTA Testing Market is estimated to be valued at USD 1.09 Billion in 2018 and is expected to be worth USD 1.77 Billion by 2023, growing at a CAGR of 10.13% between 2018 and 2023. This report spread across 148 pages, profiling 10 companies and supported with 69 tables and 38 figures are now available in this research.

Top Key Players Profiled in the OTA Testing Market:

  • Intertek (UK)
  • Bureau Veritas (France)
  • Anritsu (Japan)
  • Keysight (US)
  • Rohde & Schwarz (Germany)

The increasing demand for connected cars and smart solutions, along with autonomous cars, is a major factor that has led to the growth of OTA testing across automotive and transportation. Automotive wireless systems use an OTA test methodology to perform interoperability and performance testing, first on the telematics unit including antenna cluster in the lab, and later on the prototype vehicle with both telematics unit and antenna cluster.

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In 2017, APAC held the largest market share, and it offers the fastest-growing OTA testing market. Countries such as China, Japan, South Korea, and India are investing heavily in the implementation of IoT and M2M communication in infrastructure, which is expected to drive the OTA testing market in APAC. APAC is also the largest consumer of telecommunication and consumer devices such as smart phones, tablets, and laptops.

Breakdown of primary participants’ profile:

  • By Company Type: Tier 1 = 35%, Tier 2 = 40%, and Tier 3 = 35%
  • By Designation: C-Level Executives = 50%, Directors = 35%, and Others = 15%
  • By Region: North America = 35%, Europe = 22%, APAC = 30%, and RoW = 13%

Competitive Landscape of OTA Testing Market:

1 Overview

2 Ranking Analysis of Key Players in the OTA Testing Market

3 Competitive Situations and Trends

3.1 Service Launch and Expansions

3.2 Collaboration, Expansion, and Partnership

3.3 Acquisitions Do you have any query or specific requirement? Ask to our industry expert at https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=1436003