In-Vehicle Computer System Market to Witness Growth Acceleration During 2022-2028

According to our latest market study on "In-Vehicle Computer System Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Application (Safety Computers, Performance Computers, Convenience Computers, Diagnostic Computers); Memory Size (Up to 8 GB, 16 GB, 32 GB and Above); Component (Hardware, Software); Vehicle Type (Passenger Cars, Commercial Vehicle) and Geography"

The in-vehicle computer system refers to car PC, vehicle PC, bus PC, or onboard computers that are intended to perform various in-vehicle functions such as telematics, infotainment, and fleet management. The introduction of new-age connectivity services for commercial vehicles is likely to provide a major boost for the in-vehicle computer system market. North America is likely to experience high growth during the forecast period owing to the increasing popularity of autonomous driving in the region. Major companies are focusing on new product developments to increase their market share.

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Companies Profiled in this report includes: Acrosser Technology Co., Ltd.,  IBASE Technology Inc.,  JLT Mobile Computers AB,  Kontron S&T AG,  Lanner Electronics Incorporated.,  NEXCOM International Co., Ltd.,  OnLogic,  Premio Inc.,  SD-OMEGA (Hong Kong) Company Limited,  SINTRONES TECHNOLOGY CORP.

MARKET SEGMENTATION

  Based on application, the global in-vehicle computer system market is segmented into Performance Computers, Safety Computers, Diagnostic Computers, Convenience Computers.

  On the basis of memory size, the market is segmented into up to 8 GB, 16GB, and 32 GB, and above.

  On the basis of component , the market is segmented into hardware, and software.

  On the basis of vehicle type , the market is segmented into up passenger cars, and commercial cars.

MARKET DYNAMICS

Drivers:

  Increase in need for safety features.

  Adoption of Internet of Things enabled smart transportation.

Restraints

  Data security issues and high maintenance cost hinder the growth of the in-vehicle computer system market..

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IMPACT OF COVID-19 ON IN-VEHICLE COMPUTER SYSTEM MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

This release was published on openPR.