How Global Automotive Infotainment Market Players Should Strategize For 2022-2031
5 Aug, 2022
The global automotive infotainment market size is expected to grow from $17.64 billion in 2021 to $19.21 billion in 2022 at a compound annual growth rate (CAGR) of 8.9%. The global automotive infotainment market size is expected to grow to $27.08 billion in 2026 at a CAGR of 9.0%.
What is the Global Automotive Infotainment Market?
The automotive infotainment market consists of sales of automotive infotainment systems by entities (organizations, sole traders, and partnerships) which is a hardware and software platform that helps deliver audio and video entertainment in vehicles. Some of the known entertainment provided by automotive infotainment include car radio broadcasting, video streaming, navigation and streaming services that are combined in one system. Automotive infotainment is used in the automotive instrument cluster, automotive display, telematics, digital cockpit controller, and smart device integration.
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What drives the Global Automotive Infotainment Market?
The rise in the adoption of connected cars is expected to propel the growth of the automotive infotainment market. Consumers are increasingly opting for connected cars with better infotainment systems. For example, in 2020, Tata Motors, an automotive infotainment company had built a connected vehicles platform and in 2019, the hector company sold 62.5 thousand connected cars in India. Honda, an automotive infotainment company introduced connected car technology platform and there are 30 thousand units sales in 2020. Therefore, there is a rise in the adoption of connected cars and this drives the automotive infotainment market.
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https://www.thebusinessresearchcompany.com/report/automotive-infotainment-global-market-reportGlobal Automotive Infotainment Market Segments
The global automotive infotainment market is segmented:
By Operating System: QNX, Microsoft, Linux
By Form: Embedded, Tethered, Integrated
By Vehicle Type: Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle
By Geography: The regions covered in the automotive infotainment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Automotive Infotainment Global Market Report 2022provides market size and growth forecasts for the global automotive infotainment market, global automotive infotainment market share, automotive infotainment market segments and geographies, automotive infotainment global market competitive landscape including leading competitors’ revenues, profiles and market shares. The automotive infotainment global market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Automotive Infotainment Industry Playersinclude Robert Bosch, HARMAN International, Mitsubishi Electric Corporation, DENSO CORPORATION, Visteon Corporation, Kenwood Corporation, Continental AG, Pioneer Corporation, Panasonic Corporation, Alpine Electronics, Delphi Automotive PLC, ALLGo Embedded Systems Pvt Ltd, Aptiv PLC, Clarion Co. Ltd., Aisin Seiki Co. Ltd., and Garmin Ltd. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.