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In-Car Infotainment Market size to grow by USD $37,530.4 million | Analytics Market Research
In-Car Infotainment Market was valued at $21,410 million in 2020, and is projected to reach $37,530.4 million by 2028, registering a CAGR of 7.5% from 2021 to 2028.A comprehensive set of cutting-edge technologies called in-car infotainment is built into cars to offer connectivity, entertainment, and information services. For the purpose of providing entertainment and information transmission to the drivers and passengers, the entire system makes use of audio/video (A/V) interfaces, touchscreens, keypads, and other sorts of devices. Wi-Fi, Bluetooth, interactive speech recognition, live media streaming, and smart technology for mobile integration are all made possible by modern infotainment systems.
The demand for in-vehicle infotainment systems is rising as a result of innovations in car audio systems, automobile navigation systems, Bluetooth connectivity, live audio streaming, and in-car Internet. Other significant drivers of the global market growth include growing consumer demand for driver and in-car comfort, rising smartphone adoption for more complex operations and communications with other connected devices, growing integration of in-car infotainment systems with smartphones, rising passenger car sales, rising disposable income, and strong demand for luxury vehicles. Further boosting market growth is manufacturers' increased focus on creating and integrating more cutting-edge features in the newest models of vehicles.
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Smartphone connectivity, whether by Bluetooth or Wi-Fi, which enables users to access messages and other information and makes it simpler to work on the go, is another feature that is contributing to the appeal of these systems. Additionally, users can alter these systems to suit their preferences and needs, which is another factor in the rising popularity of these systems. The demand for these systems is also being fueled by their capacity to access cloud-based services, offer seamless connectivity, and permit remote access to playlists and video streaming.
A/V features and two-way communication tools, regular radios and CD players, hands-free phone connections, vehicle voice commands, and other interactive audio or video software-based applications are also frequently included in in-car entertainment systems. Additionally, many in-car entertainment systems have a back seat DVD feature that enables users to watch movies and other visual content. In addition, mobile device connectivity is a significant element of in-car infotainment.
The wide range of technology available in newer automobiles make it possible for passengers to connect gadgets like laptops, cellphones, and iPhones to the vehicle. There are security mechanisms on many fixed infotainment systems that stop drivers from using any video services or other distracting system components.
Global In-Car Infotainment Market: Segmentations
Global In-Car Infotainment Market: By Key Players
Harman International
Denso Corporation
JVC Kenwood Corporation
Delphi Automotive PLC
NXP Semiconductors
Alpine Electronics Inc
Pioneer Corporation
TomTom International
Blaupunkt GmbH
Nuance Communications
Global In-Car Infotainment Market: By Types
Audio Unit
Video Unit
Display Unit
Navigation Unit
Global In-Car Infotainment Market: By Applications
Navigation
Entertainment
Telematics
Global In-Car Infotainment Market: Regional Analysis
The countries covered in the regional analysis of the Global In-Car Infotainment market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Key Benefits For Stakeholders
1. This study presents analytical depiction of the in-car infotainment market analysis along with the current trends and future estimations to depict the imminent investment pockets.
2. The overall market potential is determined to understand the profitable trends to gain a stronger foothold.
3. The report presents information related to key drivers, restraints, and opportunities of the market with a detailed impact analysis.
4. The current in-car infotainment market size is quantitatively analyzed from 2023 to 2032 to benchmark the financial competency.
5. Porter's five forces analysis illustrates the potency of the buyers and suppliers in the In-Car Infotainment industry.
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Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.
Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.
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