Automotive Infotainment Market 2023-28 | Size, Share, Trends, Growth and Forecast

0
2K

According to the latest report by IMARC Group titled, “Automotive Infotainment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The global automotive infotainment market size reached US$ 18.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 29.4 Billion by 2028, exhibiting a growth rate (CAGR) of 8.35% during 2023-2028.

Automotive infotainment refers to hardware and software systems that are integrated into vehicles to deliver information, connectivity, and entertainment to the driver and passengers. It includes dashboard clusters, touchscreen displays, button panels, audio or video (A/V) interfaces, keypads, and text-to-speech and voice recognition systems. It relies on satellite reception technology, radio data system (RDS), active noise reduction systems, Global Positioning System (GPS), and telematics. It offers advanced features, such as automotive navigation systems, video and audio players, universal serial bus (USB), Bluetooth connectivity, and smartphone integration for enhanced communication and connectivity. It provides audio control and call-pickup functionality to ensure a smoother operation and minimal distraction of the driver. As automotive infotainment systems are currently available in sophisticated designs and innovative technologies, they are widely installed in passenger as well as commercial vehicles across the globe.

Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/automotive-infotainment-market/requestsample

Market Trends

At present, rapid urbanization, improving road networks, and inflating income levels are among the key factors positively influencing the market. The shifting consumer preference toward self-driving vehicles due to the growing global population and massive crowd in public vehicles is driving the market. In addition, rising number of vehicle collisions on roads as well as in parking areas is increasing the need for automotive infotainment systems with parking assistance control facilities. Modern cars incorporate safety measures, such as lane assistance, emergency braking, and enhanced accessibility services for enhanced comfort. The integration of navigation and vehicle control units in automobiles aids in minimizing the response time during emergencies, thereby reducing the risk of accidents. Moreover, the widespread adoption of smartphones is propelling manufacturers to integrate infotainment systems and facilitate wireless fidelity (Wi-Fi) connectivity, interactive voice recognition systems, and live media streaming, which is creating a positive market outlook.

In addition, key players are introducing various technological advancements in infotainment devices, such as automatic system updates, high-speed processing, high definition (HD) video quality, and connectivity with 5G networks. This, along with their rising focus on increasing product innovations to expand their consumer base and overall sales and profits, is currently driving the market. Apart from this, the continuous upgradation of smart sensors and detailed mapping software to help infotainment systems execute more accurately in various conditions is creating a favorable market outlook. Furthermore, increasing investments in research and development (R&D) activities by key players on enhancing the safety and comfort level of passengers are anticipated to drive the market in the coming years. 

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

  • AISIN SEIKI CO (ASEKY)
  • CONTINENTAL AG O.N. (CON.DE)
  • CLARION CO. LTD (XCN.F)
  • DENSO Corporation (DNZOY)
  • Garmin Ltd. (GRMN)
  • Harman International Industries Inc (NYSE: HAR ) (Samsung Electronics) Magneti Marelli S.p.A.
  • Panasonic Corporation
  • Pioneer Corporation
  • Robert Bosch GmbH
  • Aptiv

Ask Analyst for 10% Free Customized Report: https://www.imarcgroup.com/request?type=report&id=2212&flag=C

The report has segmented the market on the basis of Product Type, Vehicle Type, Sales Channel, Technology, and Region.

Breakup by Product Type:

  • Navigation Unit
  • Display Audio
  • Audio
  • Others

Breakup by Vehicle Type:

  • Passenger Cars
  • Commercial Vehicles

Breakup by Operating System:

  • QNX
  • LINUX
  • Microsoft
  • Others

Breakup by Installation Type:

  • In-Dash Infotainment
  • Rear Seat Infotainment

Breakup by Sales Channel:

  • OEM
  • Aftermarket

Breakup by Technology:

  • Integrated
  • Embedded
  • Tethered

Breakup by Connectivity:

  • Bluetooth
  • Wi-Fi
  • 3G
  • 4G
  • 5G

Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact US

IMARC Group

Email: sales@imarcgroup.com

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Address: 134 N 4th St. Brooklyn, NY 11249, USA 

Follow us on Twitter: @imarcglobal

Search
Categories
Read More
Other
Step Into the Future of Online Shopping with Amatoshi: Innovation at Your Fingertips
The world of shopping has evolved dramatically over the years, and the future is now here....
By Harry Jake 2024-12-16 17:39:30 0 62
Health
Hernia Mesh Devices Market Target Audience Insights for Effective Strategies
Hernia Mesh Devices Market Outlook: The global market for hernia mesh devices is projected to...
By Ganesh Dukare 2024-09-05 06:09:15 0 310
Health
Pyrogen Testing Market Size, Share, Global Analysis 2023-2029
The global pyrogen testing market size was valued at USD 1,348.3 million in 2021 and is poised to...
By Muthyala Rekha 2023-04-26 10:14:08 0 1K
Other
Exploring the Influence of ACIM Authors on Spiritual Growth
"A Course in Miracles" (ACIM) has become a cornerstone for many individuals seeking spiritual...
By Temp Wesawe 2024-05-27 19:51:46 0 683
Other
CIHT Membership vs. Other Professional Organizations
Are you considering joining a professional organization but not sure which one to choose? When it...
By Global ImmigrationHelp 2024-05-13 09:10:45 0 796