123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Education >> View Article

Automotive Infotainment Market Report Based On Growth Over 2024

Profile Picture
By Author: Avinash Kumar
Total Articles: 41
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

The global automotive infotainment market is expected to reach USD 40.17 billion by 2024 driven by the rising consumer demand for in-vehicle entertainment. Technological advancement coupled with the rising disposable income of the population contributing to the huge demand for passenger cars and other vehicles is expected to play a vital role in driving market growth.

North America dominated the global market contributing to 35.2% of the revenues generated in 2016. Rapid adoption of these systems by consumers has resulted in the presence of a robust market in the region.

Asia Pacific is expected to show significant growth at a CAGR of 14.7% over the forecast period owing to the rising consumer income, growing urban population and increasing sale of luxury cars. Acknowledging above factors, car manufacturing companies are partnering with audio equipment manufacturing companies to enhance their cars with high-quality infotainment products. For example, Toyota has been using BlackBerry’s QNX in their cars for the last four years.

Blackberry’s QNX has been the most widely used OS, on account of its ability to provide automate the car by providing hands-free calling, mapping, and internet service. However, Linux is expected to take over the leading position and grow at the fastest CAGR of 32.9% over the forecast period. Preference of open source as it allows car manufacturers to tweak the module to provide unique features limited only to a company is expected to augment growth.

North America was the largest market in 2016 owing to the high adoption rate of the technology coupled with consumer preference of an automated car over manual ones. Moreover, the emergence of mobile phones in the last decade coupled with the rising number of accidents caused due to distractions has resulted in a high demand for digitalized and automated infotainment systems.

Options such as mobile connectivity via Bluetooth, wi-fi, USB ports and cloud data & data storage is expected to fuel the automotive infotainment market owing to easy consumer access to daily work. Growing use of navigation system in commercial vehicles to search for more efficient routes and to save time is anticipated to be the key drivers in the rising installation of navigation system which is further expected to fuel the market for automotive infotainment systems.

Access full report or request for free sample at: https://www.hexaresearch.com/press-release/global-automotive-infotainment-market

Hexa Research has segmented the global automotive infotainment market based on vehicle, OS, and region:

Segmentation by vehicle, 2014 - 2024 (USD Million)
• Passenger cars
• Commercial vehicles

Segmentation by OS, 2014 - 2024 (USD Million)
• Linux
• QNX
• Microsoft
• Others

Segmentation by region, 2014 - 2024 (USD Million)
• North America
• U.S.
• Europe
• Russia
• Germany
• Asia Pacific and Oceania
• China
• India
• Rest of the World

Key players analyzed
• Harman International
• Denso Corporation
• JVC Kenwood Corporation
• Delphi Automotive PLC
• NXP Semiconductors
• Alpine Electronics Inc.
• Pioneer Corporation
• TomTom International
• Blaupunkt GmbH
• Nuance Communications

More About the Author

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. For more details visit: https://www.hexaresearch.com/

Total Views: 40Word Count: 481See All articles From Author

Add Comment

Education Articles

1. What Is All The Fuss About Knowledge Science? Information Science A Beginner's Information
Author: datadriller01

2. 5 Qualities To Look For In A Good Preschool Or Nursery
Author: nidhikapoor

3. Modern Office Management Course
Author: MITSDE

4. Just Push Yourself Further. Study & Acquire Degree From The Country You Want
Author: Krupa Panchal

5. Culture Of Georgia
Author: DTMU

6. 5 Misconceptions About A Hotel Management Career
Author: KR Mangalam University

7. Understanding The Concept Of Sustainable Trash Management
Author: KR Mangalam University

8. Blockchain Expert: Skills, Salary, And Future Scope
Author: Block chain council

9. 5 Myths About Human Resource Management That Need To Be Busted
Author: KR Mangalam University

10. How Is The Advancing Technology Redesigning The Fashion Design Industry?
Author: KR Mangalam University

11. Five Skills You Inevitably Need To Succeed As An Interior Designer
Author: KR Mangalam University

12. The Need For Good Communication
Author: Voiceskills

13. Best Astrologer Vastu Consultant Madurai
Author: Dhinastro

14. What Is The Benefits Of German Classes In Jayanagar?
Author: hema latha

15. What Is Data Visualization? How It Is Helpful?
Author: Tarun Teja

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: