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In-Car Infotainment Market Global Opportunity Analysis and Industry Forecast, 2015 – 2022 | Panasonic Corporation, Harman International Industries, Bayerische Motoren Werke AG (BMW), Fujitsu Ten Ltd., Delphi Automotive PLC.

06-05-2019 10:39 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

In-Car Infotainment Market

In-Car Infotainment Market

The world in-car infotainment market is expected to reach $33.8 billion by 2022, registering a CAGR of 13.3% during 2016 - 2022.

Europe has emerged as the most promising region, exhibiting a huge demand for in-car infotainment within the automotive car sector. In 2015, the market for in-car infotainment in Europe was valued at $4.6 billion in 2015. However, Asia-Pacific would be the fastest growing region during the forecast period owing to the burgeoning automotive production and sales coupled with the increasing disposable income of the consumers in the region.

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Market is analyzed with regards to revenue contribution made by different segments in world in-car infotainment market. In global market, in-car infotainment installation type segment is mainly driven by aftermarket sub segment, which accounted for around 54% of the market revenue in 2015. Aftermarket installation is less expensive as compared to OEM installation, thereby driving the growth of aftermarket. However, OEM installation market is expected to grow faster in the near future since OEM manufacturers are increasingly offering personalized infotainment systems as well as standard infotainment systems in the mid-car segment.

Within the components segment, hardware accounted for the maximum revenue share in 2015, owing to its high cost and wide-deployment. However, efficient and effective development of infotainment software applications is expected to drive the market in the near future. The software market is estimated to register a CAGR of 14.4% during 2016 -2022.

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The report also outlines the competitive environment of world in-car infotainment market, while providing a comprehensive study of key strategies adopted by market leaders. The prominent companies profiled in the report include Panasonic Corporation, Harman International Industries, Bayerische Motoren Werke AG (BMW), Fujitsu Ten Ltd., Delphi Automotive PLC, Denso Corporation and others.

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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small- & medium-scale enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one-stop solution right from data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients understand the significance and impact of market dynamics. The company applies client’s insight on the factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligence support to help clients transform into a prominent business firm.

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