Product Code: ETC13290667 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Automotive OSS/WPS Market was valued at USD 1.9 Billion in 2024 and is expected to reach USD 4 Billion by 2031, growing at a compound annual growth rate of 9.30% during the forecast period (2025-2031).
The Global Automotive OSS/WPS (On-Street Parking System/Wireless Parking System) market is witnessing significant growth driven by the increasing adoption of smart parking solutions in urban areas to address parking congestion issues. These systems utilize technologies such as sensors, cameras, and wireless communication to enable real-time parking space monitoring and guidance to drivers. The market is also propelled by the integration of advanced features like mobile payment options and IoT connectivity, enhancing the overall parking experience. Key players in the market include companies like Streetline, Parkmobile, and IPS Group, offering a range of OSS/WPS solutions tailored to meet the diverse needs of municipalities, parking operators, and automotive OEMs. The market is expected to continue expanding as smart city initiatives gain momentum globally, driving the demand for efficient parking management solutions.
The Global Automotive OSS/WPS market is experiencing significant growth due to the increasing demand for connected vehicles and advanced driver-assistance systems (ADAS). Open-source software (OSS) and wireless power systems (WPS) are emerging trends driving innovation in the automotive industry. The adoption of OSS in vehicles allows for more efficient software development and integration, while WPS technology enables wireless charging for electric vehicles, enhancing user convenience. Key opportunities in this market include partnerships between automotive manufacturers and technology companies to develop integrated OSS/WPS solutions, as well as the expansion of connected car services such as over-the-air software updates and remote diagnostics. Overall, the Automotive OSS/WPS market presents promising prospects for companies looking to capitalize on the growing demand for smart and connected vehicles.
The Global Automotive OSS/WPS Market faces several challenges, including increasing complexity of vehicle electronics and software systems, interoperability issues among different software platforms, cybersecurity threats, and rising costs associated with software development and maintenance. As vehicles become more connected and autonomous, the demand for open-source software (OSS) and wireless power systems (WPS) is growing, but so are the challenges in ensuring seamless integration and compatibility across various components and systems. Additionally, market fragmentation and the need for standardization pose hurdles for market players looking to capitalize on the opportunities in the automotive OSS/WPS sector. Overcoming these challenges will require industry collaboration, investment in cybersecurity measures, and continuous innovation to meet the evolving needs of the automotive market.
The Global Automotive OSS/WPS (Over-the-Air Software and Wireless Power Supply) market is primarily driven by the increasing demand for connected vehicles and the growing trend towards electric vehicles. Automotive manufacturers are adopting OSS/WPS solutions to enable remote software updates and enhance vehicle performance, safety, and convenience for consumers. Additionally, the rising focus on autonomous driving technologies and the integration of advanced infotainment systems in vehicles are fueling the market growth. The need for efficient power supply solutions for electric vehicles is also a significant driver, as wireless power transfer systems offer convenience and flexibility for charging EVs. Overall, the increasing emphasis on innovation, connectivity, and sustainability in the automotive industry is propelling the demand for OSS/WPS solutions globally.
Government policies related to the Global Automotive OSS/WPS market vary by country, but generally focus on promoting innovation, safety, and environmental sustainability in the automotive industry. This includes regulations around vehicle emissions standards, safety requirements, and support for research and development of Open Source Software (OSS) and Wireless Power Transfer Systems (WPS) in vehicles. Governments may offer incentives or subsidies to encourage the adoption of these technologies, as well as set guidelines for data privacy and cybersecurity in connected vehicles. Additionally, some regions have specific mandates for the use of OSS in automotive systems to enhance interoperability and reduce costs. Overall, government policies play a crucial role in shaping the direction of the Global Automotive OSS/WPS market by driving technological advancements and ensuring compliance with industry standards.
The Global Automotive OSS/WPS Market is expected to witness significant growth in the coming years, driven by the increasing adoption of advanced driver assistance systems (ADAS) and the rise in demand for connected vehicles. The integration of open-source software (OSS) and wireless power systems (WPS) in automobiles is projected to enhance vehicle connectivity, safety, and overall user experience. Additionally, the growing focus on electric vehicles and autonomous driving technologies is likely to fuel the demand for automotive OSS/WPS solutions. Market players are expected to invest in research and development activities to innovate and offer cutting-edge solutions that cater to the evolving automotive industry landscape. Overall, the Global Automotive OSS/WPS Market is poised for robust growth and technological advancements in the foreseeable future.
In the Global Automotive OSS/WPS Market, Asia is projected to witness significant growth due to the increasing adoption of advanced technologies and the presence of major automotive manufacturers in countries like China, Japan, and South Korea. North America is expected to remain a key market for automotive OSS/WPS, driven by the strong demand for connected cars and electric vehicles. Europe is likely to see steady growth, supported by stringent regulations promoting vehicle safety and emissions control. The Middle East and Africa region is anticipated to experience moderate growth, with a focus on improving vehicle connectivity and safety features. Latin America is also expected to show promising growth opportunities, driven by the increasing demand for advanced automotive technologies and the rising popularity of electric vehicles in countries like Brazil and Mexico.
Global Automotive OSS/WPS Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Automotive OSS/WPS Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Automotive OSS/WPS Market Revenues & Volume, 2021 & 2031F |
3.3 Global Automotive OSS/WPS Market - Industry Life Cycle |
3.4 Global Automotive OSS/WPS Market - Porter's Five Forces |
3.5 Global Automotive OSS/WPS Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Automotive OSS/WPS Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Automotive OSS/WPS Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.8 Global Automotive OSS/WPS Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Automotive OSS/WPS Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Automotive OSS/WPS Market Trends |
6 Global Automotive OSS/WPS Market, 2021 - 2031 |
6.1 Global Automotive OSS/WPS Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Automotive OSS/WPS Market, Revenues & Volume, By Open Source Software, 2021 - 2031 |
6.1.3 Global Automotive OSS/WPS Market, Revenues & Volume, By Web Processing Services, 2021 - 2031 |
6.1.4 Global Automotive OSS/WPS Market, Revenues & Volume, By Application Layer Services, 2021 - 2031 |
6.1.5 Global Automotive OSS/WPS Market, Revenues & Volume, By Cloud-Based Software, 2021 - 2031 |
6.2 Global Automotive OSS/WPS Market, Revenues & Volume, By Technology, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Automotive OSS/WPS Market, Revenues & Volume, By Open-Source Platforms, 2021 - 2031 |
6.2.3 Global Automotive OSS/WPS Market, Revenues & Volume, By Cloud Computing, 2021 - 2031 |
6.2.4 Global Automotive OSS/WPS Market, Revenues & Volume, By Application Services, 2021 - 2031 |
6.2.5 Global Automotive OSS/WPS Market, Revenues & Volume, By Cloud Integration, 2021 - 2031 |
6.3 Global Automotive OSS/WPS Market, Revenues & Volume, By Application, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Automotive OSS/WPS Market, Revenues & Volume, By Vehicle Control Systems, 2021 - 2031 |
6.3.3 Global Automotive OSS/WPS Market, Revenues & Volume, By Vehicle Connectivity, 2021 - 2031 |
6.3.4 Global Automotive OSS/WPS Market, Revenues & Volume, By Vehicle Data Services, 2021 - 2031 |
6.3.5 Global Automotive OSS/WPS Market, Revenues & Volume, By Fleet Management, 2021 - 2031 |
7 North America Automotive OSS/WPS Market, Overview & Analysis |
7.1 North America Automotive OSS/WPS Market Revenues & Volume, 2021 - 2031 |
7.2 North America Automotive OSS/WPS Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Automotive OSS/WPS Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Automotive OSS/WPS Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Automotive OSS/WPS Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Automotive OSS/WPS Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Automotive OSS/WPS Market, Revenues & Volume, By Technology, 2021 - 2031 |
7.5 North America Automotive OSS/WPS Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) Automotive OSS/WPS Market, Overview & Analysis |
8.1 Latin America (LATAM) Automotive OSS/WPS Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Automotive OSS/WPS Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Automotive OSS/WPS Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Automotive OSS/WPS Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Automotive OSS/WPS Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Automotive OSS/WPS Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Automotive OSS/WPS Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Automotive OSS/WPS Market, Revenues & Volume, By Technology, 2021 - 2031 |
8.5 Latin America (LATAM) Automotive OSS/WPS Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia Automotive OSS/WPS Market, Overview & Analysis |
9.1 Asia Automotive OSS/WPS Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Automotive OSS/WPS Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Automotive OSS/WPS Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Automotive OSS/WPS Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Automotive OSS/WPS Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Automotive OSS/WPS Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Automotive OSS/WPS Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Automotive OSS/WPS Market, Revenues & Volume, By Technology, 2021 - 2031 |
9.5 Asia Automotive OSS/WPS Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa Automotive OSS/WPS Market, Overview & Analysis |
10.1 Africa Automotive OSS/WPS Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Automotive OSS/WPS Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Automotive OSS/WPS Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Automotive OSS/WPS Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Automotive OSS/WPS Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Automotive OSS/WPS Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Automotive OSS/WPS Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Automotive OSS/WPS Market, Revenues & Volume, By Technology, 2021 - 2031 |
10.5 Africa Automotive OSS/WPS Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe Automotive OSS/WPS Market, Overview & Analysis |
11.1 Europe Automotive OSS/WPS Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Automotive OSS/WPS Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Automotive OSS/WPS Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Automotive OSS/WPS Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Automotive OSS/WPS Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Automotive OSS/WPS Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Automotive OSS/WPS Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Automotive OSS/WPS Market, Revenues & Volume, By Technology, 2021 - 2031 |
11.5 Europe Automotive OSS/WPS Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East Automotive OSS/WPS Market, Overview & Analysis |
12.1 Middle East Automotive OSS/WPS Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Automotive OSS/WPS Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Automotive OSS/WPS Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Automotive OSS/WPS Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Automotive OSS/WPS Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Automotive OSS/WPS Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Automotive OSS/WPS Market, Revenues & Volume, By Technology, 2021 - 2031 |
12.5 Middle East Automotive OSS/WPS Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Automotive OSS/WPS Market Key Performance Indicators |
14 Global Automotive OSS/WPS Market - Export/Import By Countries Assessment |
15 Global Automotive OSS/WPS Market - Opportunity Assessment |
15.1 Global Automotive OSS/WPS Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Automotive OSS/WPS Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Automotive OSS/WPS Market Opportunity Assessment, By Technology, 2021 & 2031F |
15.4 Global Automotive OSS/WPS Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global Automotive OSS/WPS Market - Competitive Landscape |
16.1 Global Automotive OSS/WPS Market Revenue Share, By Companies, 2024 |
16.2 Global Automotive OSS/WPS Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |