The Automotive Infotainment Systems Market is being driven by Development of low-cost infotainment solutions
The Automotive Infotainment Systems Market is expected to grow at a CAGR of 7.5% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 3763.9 million. The integration of rear-seat infotainment systems in automobiles presents significant business opportunities for Original Equipment Manufacturers (OEMs) and infotainment system providers. These systems enable in-car advertising, targeting passengers as key consumers. In-car advertising aims to convert viewership into tangible transactions. It is crucial to analyze user behavior before uploading content on rear-seat infotainment platforms. This trend is anticipated to flourish throughout the forecast period, directly linked to the expansion of the global automotive infotainment systems market.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
245 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.5% |
Market growth 2025-2029 |
USD 3763.9 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
6.2 |
Key countries |
US, China, Japan, Germany, India, Canada, UK, South Korea, Italy, and France |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Automotive Infotainment Systems market offers seamless experiences through Wi-Fi hotspots and display screens, integrating entertainment services, software solutions, and live traffic data. Operating systems like Android provide smartphone integration, roadside assistance, and vehicle diagnostics. Security systems ensure data breach protection during annual subscriptions. Connected vehicles utilize telematics devices and cloud services for real-time navigation, in-vehicle calling, and streaming services. Smart automotive technologies include cabin temperature control, vehicle insights, and ADAS systems, enhancing the in-vehicle user experience. Microelectrical units process telematics data for vehicle performance, remote diagnostics, in-vehicle payment systems, and real-time navigation. Connected vehicles prioritize vehicle safety, offering roadside assistance, smartphone integration, and vehicle insights. In-vehicle user experience is optimized through streaming services, in-vehicle payment systems, and smartphone integration. The market encompasses connected vehicles, offering free trials, smartphone integration, and real-time navigation solutions.
The global automotive components and equipment market encompasses businesses producing parts and accessories for various vehicle types, including passenger cars (PCs), electric vehicles (EVs), commercial vehicles (CVs), heavy-duty vehicles, off-road vehicles, motorcycles, scooters, quad bikes, and three-wheelers. According to Technavio, market growth is influenced by several factors, such as the rising demand for advanced electronic components like remote control systems, autonomous driving features, interactive touchscreens, car data analytics, digital cockpits, smart car technology, remote vehicle access, accident prevention, and virtual assistants, in response to the increasing sales of PCs, EVs, and motorcycles. These innovations have significantly boosted the demand for electronic control units (ECUs) and other electrical components in the automotive industry over the past decade.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
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