Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 15.90 Billion | USD 43.04 Billion | 11.7% | 2023 |
According to Zion Market Research, the global In-Vehicle Infotainment Market was worth USD 15.90 Billion in 2023. The market is forecast to reach USD 43.04 Billion by 2032, growing at a compound annual growth rate (CAGR) of 11.7% during the forecast period 2024-2032. The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the In-Vehicle Infotainment industry over the next decade.
The report covers in-depth analysis of the strategies adopted by major competitors in the global In-Vehicle Infotainment market. To understand the competitive landscape in the global In-Vehicle Infotainment market, an analysis of Porter’s Five Forces model is also included. The research study comprises of market attractiveness analysis, wherein all the segments are benchmarked on the basis of their market size and growth rate.
The research study provides a decisive view on the global In-Vehicle Infotainment market based on Component, Operating System, Connectivity, Form, Location, Vehicle Type, and Region. All the segments of the market have been analyzed based on the past, present, and future trends. The market is estimated from 2024 to 2032.
The burgeoning efforts of governments for developing safety and security solutions, escalating demand for smartphone features in cars, and mechanical advancements are expected to augment the In-Vehicle Infotainment market. In addition, the high requirement for an infotainment system with a front row display in every vehicle is likely to propel the growth of the In-Vehicle Infotainment market. Furthermore, the requirement for various kinds of information (internet, navigation, weather forecast, etc.) and entertainment (video and audio) services among the users will further support the growth of the market.
The automakers are continuously focusing on upgrading their infotainment technology to match up to growing competition, which will, in turn, bolster the market across various regions. Likewise, various unsettling factors including government regulations and cost standardization of service plans are projected to propel the In-Vehicle Infotainment market. The increasing demand for luxury, advanced information, comfort, entertainment services, and promising government mandates regarding safety and security will drive the In-Vehicle Infotainment market. The advancements being made in the infotainment technology by the key players are anticipated to supplement the growth of the In-Vehicle Infotainment market. Apart from this, the rising demand for premium cars owing to rising GDP, escalating per capita income, and improved purchasing power are other factors fuelling the In-Vehicle market.
The study provides a decisive view of the in-vehicle infotainment market by segmenting the market based on by component, by operating system, by service, by connectivity, by form, by location, by vehicle type and by region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.
On the basis of component, the global In-Vehicle Infotainment market is segmented into Display Unit/ Infotainment Unit, Control Panel, Telematics Control Unit, and Head-Up Display.
Based on operating system, the market is divided into Linux, QNX, Microsoft, and Others. In terms of service, the market for in-vehicle infotainment is sectored into Entertainment Services, Navigation Services, E-Call, and Vehicle Diagnostics.
By connectivity, the market is classified into 3G, 4G, and 5G. Based on form, the global In-Vehicle Infotainment market is categorized into Embedded, Tethered, and Integrated.
On the basis of location, the market is segregated into Front Row and Rear Row. In terms of vehicle type, the In-Vehicle Infotainment market is sectored into Passenger Car, LCV, and HCV.
The regional segmentation comprises the past, present, and estimated demand for the Middle East & Africa, North America, Asia Pacific, Latin America, and Europe. The regional segment is further split into the U.S., Canada, Mexico, UK, France, Germany, China, Japan, India, South Korea, Brazil, and Argentina among others.
Report Attributes | Report Details |
---|---|
Report Name | In-Vehicle Infotainment Market |
Market Size in 2023 | USD 15.90 Billion |
Market Forecast in 2032 | USD 43.04 Billion |
Growth Rate | CAGR of 11.7% |
Number of Pages | 110 |
Key Companies Covered | Alpine Electronics, Robert Bosch, HARMAN International, Panasonic Corporation, Mitsubishi Electric Corporation |
Segments Covered | By Component, By Operating System, By Service, By Connectivity, By Form, By Location, By Vehicle Type And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The global In-Vehicle Infotainment market is dominated by major players including:
Global In-Vehicle Infotainment Market: By Service Segmentation Analysis
Global In-Vehicle Infotainment Market: By Form Segmentation Analysis
Global In-Vehicle Infotainment Market: By Vehicle Type Segmentation Analysis
Global In-Vehicle Infotainment Market: By Component Segmentation Analysis
Global In-Vehicle Infotainment Market: By Location Segmentation Analysis
Global In-Vehicle Infotainment Market: By Connectivity Segmentation Analysis
Global In-Vehicle Infotainment Market: By Operating System Segmentation Analysis
Global In-Vehicle Infotainment Market: By Regional Segmentation Analysis
FrequentlyAsked Questions
The Global In-Vehicle Infotainment Market was worth USD 15.90 Billion in 2023. The market is forecast to reach USD 43.04 Billion by 2032.
The CAGR value of the In-Vehicle Infotainment market is expected to be around 11.7% during 2024-2032.
Asia Pacific is projected to hold the majority of market share of the global In-Vehicle Infotainment market during the forecast timeline. The increasing demand for luxury, advanced information, comfort, entertainment services, and promising government mandates regarding safety and security will drive the In-Vehicle Infotainment market in this region.
Some key players of the global In-Vehicle Infotainment market are Alpine Electronics, Robert Bosch, HARMAN International, Panasonic Corporation, Mitsubishi Electric Corporation, Among others.
The Regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
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