Automotive Infotainment Market Size, Industry Share, Growth 2030

According to Precision Business Insights (PBI), the latest report, the market value of Automotive Infotainment market was valued at USD 31,527.8 million in 2023 which is expected to grow at a CAGR of 5.7% over 2024-2030. The primary factors that drive the market are the collaboration and partnership between e-commerce companies and automobile manufacturers are likely to open new avenues of growth for significant players in the automotive infotainment market. Leading vehicle manufacturers are collaborating with software development firms to provide a technologically superior solution that will give them an advantage over their competitors.

View Full Report: https://www.precisionbusinessinsights.com/market-reports/automotive-infotainment-market

The Automotive Infotainment Market Detailed Segmentation:
Based On the System Type, The Market is Segmented into the Following:
• Entertainment
• Connectivity
• Driver Assistance

Based on system type, The global Automotive Infotainment market has been classified into entertainment, connectivity, and driver assistance. The entertainment segment is boosting the market because of the improved audio/video interfaces and advanced control capabilities like as touchscreen displays, button panels, and voice commands. Automotive navigation systems, video players, USB, and Bluetooth connectivity, car-puter, in-car Internet, and Wi-Fi in automobiles are all part of the system.

Based On Market, The Market is Segmented into the Following:
• Original Equipment Manufactures OEM
• Aftermarket

Based On Vehicle, The Market is Segmented into the Following:
• Passengers
• Commercials

Request Sample: https://www.precisionbusinessinsights.com/request-sample/?product_id=103420

Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players:
The global Automotive Infotainment market further reveals that the key players are implementing strategies such as the extension of product collection through research and development activities, product launches, acquisitions, mergers, and strategic alliances to improve their market position and strengthen the market revenue share. On 9th November 2022, Hyundai Motor Group and NVIDIA announced that the NVIDIA DRIVE 'connected car' platform will be available on all new Hyundai, Kia, and Genesis cars from 2022. Hyundai Motor Group will be able to develop high-performance 'connected car' computer systems for its next-generation cars with NVIDIA, the global leader in accelerated computing. All future models, from entry-level to luxury, will include in-vehicle infotainment (IVI) systems powered by NVIDIA DRIVE as standard.

Based On Geography, The Market is Segmented into the Following:
• North America
• Europe
• Asia-Pacific
• Middle East and Asia
• Latin America

North America region is expected to expand at a rapid pace. Due to significant demand for these vehicles in major economies like as Mexico and the United States, the number of passengers and commercial vehicle production plants is increasing. The commercial vehicle market in North America is expanding rapidly because of the rising demand for commercial vehicles and significant expenditures in advancing technologies. These vehicles are used to transport daily items and are equipped with a variety of sophisticated infotainment products.

Request Methodology: https://www.precisionbusinessinsights.com/request-methodology/?product_id=103420

Key players in the Automotive Infotainment Market report are Smart Urban Mobility, B.V.Xtracycle, Tern, Rad Power Bicycles, Worksman Cycles, Yuba Bicycles LLC, Cycles Maximus Ltd, Triobicycle A/S, Elian Cycles, Surly Bicycles, Specialized Bicycles, and Smoor

Contact:
Mr. Satya
Precision Business Insights | Toll Free: +1 866 598 1553
Email: sales@precisionbusinessinsights.com
Kemp House, 152 - 160 City Road, London EC1V 2NX
Web: https://precisionbusinessinsights.com/ | D U N S® Number: 852781747

About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to delivering more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.

Precision Business Insights offers a variety of cost-effective and customized research services to meet research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.

This release was published on openPR.