Press release
In-Car Infotainment Market Anticipated To Witness Robust Growth, Surpassing $33.44 Billion By 2029
In-Car Infotainment
What Is the Current In-Car Infotainment Market Size and Its Estimated Growth Rate?
The in-car infotainment market size has grown strongly in recent years. It will grow from $21.49 billion in 2024 to $23.51 billion in 2025 at a compound annual growth rate (CAGR) of 9.4%. The growth in the historic period can be attributed to increasing demand for integrated GPS navigation systems, growth in the use of cloud services, the rising popularity of infotainment systems that provide augmented reality, increase in the demand for connected car services, and increasing availability of in-car internet access.
The in-car infotainment market is set to grow to $33.44 billion by 2029 at a CAGR of 9.2%. The growth is driven by increasing demand for advanced driver assistance systems, the adoption of electric vehicles, higher demand for HD displays, multi-modal connectivity, and the rise of infotainment systems. Key trends include AI integration, advanced voice recognition systems, 5G connectivity, and augmented reality.
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How Are Emerging Segments Shaping the In-Car Infotainment Market Landscape?
The in-car infotainment market covered in this report is segmented -
1) By Product: Display Unit, Head-Up Display, Navigation Unit, Communication Unit
2) By Component: Hardware, Software
3) By Installation: Original Equipment Fitted, Aftermarket
4) By Application: Passenger Cars, Commercial Vehicles
Subsegments:
1) By Display Unit: Touchscreen Displays, Lcd Or led Displays, Oled Displays, Heads-Up Display (HUD) Integration
2) By Head-Up Display (HUD): Windshield Projection Systems, Augmented Reality (AR) Huds, Conventional Huds
3) By Navigation Unit: Gps Navigation Systems, Route Planning And Traffic Updates, 3d Navigation Systems, Voice-Activated Navigation
4) By Communication Unit: Bluetooth Connectivity, Smartphone Integration, Wi-Fi Connectivity, Vehicle-To-Everything (V2X) Communication, Voice Assistants
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Which Growth Factors Are Influencing In-Car Infotainment Market Expansion?
The rise in demand for electric vehicles (EVs) is expected to drive the growth of the in-car entertainment market. EVs, which use electric motors powered by batteries rather than traditional internal combustion engines, are becoming more popular due to advancements in AI and increasing environmental awareness. In-car entertainment systems, including infotainment, play a key role in enhancing the driving experience, particularly in EVs that integrate advanced connectivity and user interface technologies. According to the International Energy Agency, sales of electric vehicles nearly doubled in 2021, reaching 6.6 million vehicles, and continued growth in EV adoption is expected to drive demand for sophisticated in-car entertainment solutions.
Who Are the Dominant Players Across Different In-Car Infotainment Market Segments?
Major companies operating in the in-car infotainment market are Mitsubishi Electric Corporation, Sony Corporation, Intel Corporation, Panasonic Corporation, Continental AG, Denso Corporation, Qualcomm Technologies, Inc., Hyundai Mobis, Pioneer Corporation, Texas Instruments Incorporated, Faurecia SA, DXC Technology Company, Harman International, Garmin Ltd., Visteon Corporation, Fujitsu Ten Ltd., LG Electronics Inc., TomTom International BV, Alpine Electronics Inc., Valeo, JVCKenwood Corporation, Robert Bosch GmbH, Clarion Corporation, Huawei Technologies Co. Ltd., Blaupunkt GmbH
What Trends Are Expected to Dominate the In-Car Infotainment Market in the Next 5 Years?
Leading players within the in-car infotainment industry are working on crafting new technologies, such as the Android automotive infotainment system, in order to enhance user experience and incorporate sophisticated features into their automotive products. The Android automotive infotainment system is an operating system working in harmony with vehicle infotainment systems. To illustrate, Snapp Automotive, a German company that constructs infotainment systems, launched SnappOS, an automotive infotainment system, in November 2023, that operates on the Android automotive OS. This freshly premiered platform flawlessly connects with Google's Android platform, thereby enabling drivers to access a variety of apps through the infotainment screen directly. It is equipped with state-of-the-art voice recognition functions, thus allowing drivers to manage navigation, music, and communication without using their hands. Furthermore, the system undertakes real-time updates and delivers custom suggestions according to user predilections and driving patterns, delivering a customized experience.
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Which Geographic Regions Are Expected to Dominate the In-Car Infotainment Market in the Coming Years?
North America was the largest region in the in-car infotainment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the in-car infotainment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the In-Car Infotainment Market?
2. What is the CAGR expected in the In-Car Infotainment Market?
3. What Are the Key Innovations Transforming the In-Car Infotainment Industry?
4. Which Region Is Leading the In-Car Infotainment Market?
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