Press release
Global In-Vehicle Infotainment Market: Unveiling Growth Rate, Market Drivers and Key Trends
In-Vehicle Infotainment Market Share
What Is The Projected Market Size Of The Global In-Vehicle Infotainment Market And Its Growth Rate?
We can observe a significant growth in the in-vehicle infotainment market:
• Market size grew from $23.82 billion in 2024 to $26.38 billion in 2025 at a CAGR of 10.7%.
• It is forecasted to increase to $40.15 billion in 2029 at a CAGR of 11.1%.
• This growth can be attributed to factors like increasing demand for autonomous and electric vehicles, government support for the automotive sector, and growing urbanization.
What Is Driving The Growth In The In-Vehicle Infotainment Market?
The increase in sales of high-end luxury cars is a significant driver of the in-vehicle infotainment market growth. Luxury cars are equipped with the latest and advanced infotainment systems to provide enhanced vehicle safety and security. This increase boosts the overall growth of the market. For instance, BMW Group reported a sales increase of 10.3% in the fourth quarter of 2023 compared to the previous year.
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Who Are the Key Players Driving In-Vehicle Infotainment Market Growth?
Major companies operating in the in-vehicle infotainment market are:
•Panasonic Corporation
•Alpine Electronics Inc.
•Pioneer Corporation
•Harman International Industries Inc.
•Bose Corporation
•Sony Corporation
•Clarion Co. Ltd.
•Continental AG
•Visteon Corporation
•Denso Corporation
•Garmin Ltd.
What Are The Key Trends In The In-Vehicle Infotainment Market?
Key trends in the forecast period include:
•Technological advancements in automotive infotainment systems
•Implementation of over-the-air updates for infotainment systems
•Strategic partnerships and collaborations among market players
•Integration of Android operating system in infotainment units
•Product innovations in automotive connectivity
•Integration of artificial intelligence (AI) technology in infotainment systems
What Are The Segments Of The Global In-Vehicle Infotainment Market?
The in-vehicle infotainment market is segmented as follows:
•By Component: Software, Hardware, Services.
•By Services: Entertainment Services, Navigation Services, Communication Services, Vehicle Diagnostics Services.
•By Vehicle Type: Passenger Car, Commercial Vehicles.
•By Fitting: OE (Original Equipment) Fitted, Aftermarket.
Which Region Leads The In-Vehicle Infotainment Market?
In 2024, North America was the largest region in the in-vehicle infotainment market. However, Asia-Pacific is expected to be the fastest-growing region in the forecast period. Other notable regions in the market include Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The In-Vehicle Infotainment Market Global Market Report?
- Market Size Analysis: Analyze the In-Vehicle Infotainment Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the In-Vehicle Infotainment Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall In-Vehicle Infotainment Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the In-Vehicle Infotainment Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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