In-vehicle Infotainment Market to reach USD 7.34 Bn at a CAGR of 10.9 percent by 2030 – Says Maximize Market Research

In-vehicle Infotainment Market to reach USD 7.34 Bn at a CAGR of 10.9 percent by 2030 - Says Maximize Market Research
In-vehicle Infotainment Market
The In-vehicle Infotainment Market is witnessing substantial growth driven by the Smartphones and telematics. The market is segmented into by Product Type, by Vehicle Type, by Connectivity Type, by Component, by Form Factor by Operating System, for a better understanding of the market structure.

Maximize Market Research, a leading Automotive and Transportation  business consultancy and research firm has published a report on the “In-vehicle Infotainment Market”. The total market opportunity for In-vehicle Infotainment Market was USD 3.55 Bn in 2023 and is expected to grow at a CAGR of 10.9 percent through the forecast period, reaching USD 7.34 Bn by 2030. As per the report, the global In-vehicle Infotainment Market is expected to be dominated by the Asia Pacific regions to grow at a significant growth rate through the forecast period.

In-vehicle Infotainment Market Report Scope and Research Methodology

Market Size in 2023: USD 3.55 Billion

Market Size in 2030: USD 7.34 Billion

CAGR: 10.9 Percent

Forecast Period: 2024-2030

Base Year: 2023

Number of Pages: 223

No. of Tables: 138

No. of Charts and Figures: 195

Segment Covered: by Product Type, by Vehicle Type, by Connectivity Type, by Component, by Form Factor ,by Operating System

Regional Scope: North America, Europe, Asia Pacific, Middle East and Africa, South America

Report Coverage: Market Share, Size and Forecast by Revenue | 2023−2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.

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In-vehicle Infotainment Market Scope and Research Methodology

The report has covered several aspects that include the In-vehicle Infotainment Market analysis which thoroughly analyses the market structure and competitive landscape using a bottom-up approach to calculate the industry’s size and growth. Key findings include drivers of market growth at regional and global levels, barriers to future growth, and potential opportunities arising from technological advancements. Regional analysis is conducted to provide insights into market leaders, penetration, and demographic influences on the industry. The market is segmented into by Product Type, by Vehicle Type, by Connectivity Type, by Component, by Form Factor by Operating System  . A competitive matrix is created to analyze the competition in the In-vehicle InfotainmentMarket, including both market leaders and new entrants. The report provides a summary of each company with key points on revenue, financial status, technology progress, recent changes, mergers, partnerships, collaborations, and marketing strategies.

In-vehicle Infotainment Market Overview

The growing need for advanced safety features, self-driving vehicles, digital cockpits for driver assistance, and entertainment is driving the automotive infotainment industry forward. Information and entertainment are exhibited through touchscreen displays, button panels, and audio/video interfaces by in-car infotainment systems. They enable hands-free access to emails, texts, and phone calls for drivers when used in combination with smartphone integration services As automotive manufacturers and technology companies continue to invest in research and development to create more advanced and user-friendly in-vehicle infotainment systems, the market is driven for substantial growth over the forecast period. Additionally, the demand for advanced infotainment solutions surged across both developed and emerging economies as consumers seek more connected and interactive driving experiences.

 In-vehicle Infotainment Market Dynamics

In-vehicle Infotainment Market is driven by a various factors like Technological Advancement,consumer preference ,prefernces for connectivity AI and cloud based system is expected to grow the In vehicle Infotainment market the automotive industry ,particularly the infotainment sector is moving towards more user friendly trends and cloud technologies The growing need for advanced safety features, self-driving vehicles, digital cockpits for driver assistance, and entertainment is driving the automotive infotainment industry forward.

In-vehicle Infotainment Market Regional Insights

Asia Pacific  dominated the In-vehicle Infotainment Market and is expected to grow with an increasing CAGR through the forecast period.China is the leading market because of automakers’ increasing focus on new energy vehicles (NEV), it is projected that the country will continue to have strong vehicle sales during the forecast period.  

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In-vehicle InfotainmentMarket Segmentation

by Product Type:

  • Audio unit
  • Display unit
  • Heads-Up display
  • Navigation unit
  • Communication unit

by Vehicle Type:

  • Passenger Cars
  • Commercial Vehicles

by Connectivity Type:

  • 3G
  • 4G
  • 5G

Based on Connectivity Type , the In-vehicle Infotainment Market is segmented into 3G,4G, and 5G. 5G is expected to dominate the market during the forecast period. The brand-new mobile network standard 5G will make it possible for vehicles to perform entirely new tasks and more. Future mobility and automated driving will be made possible, as well as improved multimedia and entertainment systems for automobiles.

by Component:

  • Infotainment Unit
  • Control Panel
  • Head-Up Display
  • Telematics Control Unit

by Form Factor

  • Embedded
  • Tethered
  • Integrated

by Operating System

  • Linux
  • QNX
  • Microsoft
  • Others

In-vehicle InfotainmentMarket Key Competitors include:

North America

  • Harman International Industries Inc.(US)
  • Visteon Corporation(US)
  • Aptiv PLC(US)
  • Ezurio
  • VOXX International
  • Stoneridge
  • delphi automotive plc

Europe

  • Continental AG (Germany)
  • Robert Bosch GmbH (Germany)
  • Faurecia
  • Cinemo
  • Cariad
  • solutions

Asia Pacific

  • Alps Alpine
  • Pioneer Corporation(Japan)
  • Panasonic Corporation(Japan)
  • Mitsubishi Electric Corporation(Japan)
  • Kenwood Corporation(Japan)
  • Denso
  • Samsung Electronics (South Korea)
  • Marelli
  • AutoIo

Middle East & Africa

  • Motus (South Africa)

South America

  • Mirgor
  • Tiberina Automotive Argentina
  • XX

Key questions answered in the In-vehicle Infotainment Market are:

  • What are In vehicle infotainment?
  • What is the current growth rate of the In-vehicle Infotainment Market?
  • Who are the key players in the In-vehicle Infotainment Market?
  • What are the growth prospects in developing countries for the In-vehicle Infotainment Market?
  • Which segment is expected to witness the fastest growth and why in the In-vehicle Infotainment Market?
  • What are the factors affecting growth in the In-vehicle Infotainment Market?
  • Who held the largest market share in the In-vehicle Infotainment Market?
  • What are the opportunities for the In-vehicle Infotainment Market?
  • What are the strategies used by competitors in the In-vehicle Infotainment Market?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2023)
  • Past Pricing and price curve by region (2018 to 2023)
  • Market Size, Share, Size & Forecast by Different Segments | 2023−2030
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by Component, Deployment Mode, Organization Size and Industry and Region
  • Competitive Landscape – Profiles of selected key players by region in a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

Maximize Market Research is leading Automotive and Transportation research firm, has also published the following reports:

Automotive Retail Market:The Global Automotive Retail Market size was valued at USD 3.66 trillion in 2023 and the total Global Automotive Retail revenue is expected to grow at a CAGR of 7.15 % from 2024 to 2030, reaching nearly USD 6.22 trillion. Automotive retailing is the business of buying and selling vehicles which mainly involves two and three wheelers, passenger vehicles, LCV (Light commercial vehicles), HCV (Heavy commercial vehicles), to the consumers. Retailing involves the entire process of buying and selling vehicles from initial interaction with potential buyers to the final transaction and delivery.

Bus Market : Global Bus Market size was valued at USD 17.35 Billion in 2023 and is expected to grow at a CAGR of 7.1 % from 2024 to 2030 to reach USD 28.04 Billion by 2030. The global market has been experiencing rapid growth over the years. The growing urbanization, growing population and the need for sustainable transportation solutions are majorly increasing the demand for buses. The Factors such as government initiatives, infrastructure development and economic conditions in different regions influence the market size.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical Components and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, Production and demand analysis, and client impact studies.

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