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Automotive Infotainment and Navigation Market Poised to Expand at a Robust Pace 2015 - 2021

08-21-2017 07:13 AM CET | IT, New Media & Software

Press release from: Persistence Market Research

Automotive Infotainment and Navigation Market Poised to Expand

Automotive infotainment systems include tasks related to playing and managing audio content, entertainment including movies, games, and social networking, among others, navigation, and accessing smart phone or internet enabled content. Navigation systems provide functionalities such as view of the map (rotating with the automobile), distance, schematic pictograms, and functions for voice prompts. Technological innovations such as responsive interfaces, “easy-to-read” audio and graphics interfaces, and voice recognition controls are helping for increased acceptance of automotive infotainment and navigation system devices among the consumers. Other factors contributing towards infotainment market growth include eco-efficiency, comfort, and safety and security as demand for these parameters would help companies to innovate and thus increasing profitability of respective companies. With the use of automated infotainment and navigation systems, the user can access internet, and contact local destinations which enables the consumer to have ease of accessibility while driving or travelling.

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Factors such as technological advancements in infotainment systems for navigation (use of Bluetooth and USB (universal serial bus) connectivity), are expected to drive the demand for automotive infotainment and navigation systems market during the forecast period. With increased focus on safety while driving (for navigational systems), and high prices of the touch-screen units developed are restricting market growth. Companies are focused on developing solutions which will provide details for live traffic, and parking updates as rapid adoption of smart phones may restrain growth of navigation systems market in future. In addition, automotive infotainment and navigation systems market would experience growth due to increased demand from emerging markets (economic development) and advanced wireless infrastructure.

Automotive infotainment and navigation market is segmented on the basis of infotainment technologies, by vehicle type, and infotainment device and system platforms. Based on infotainment technologies the classification includes in-car audio, in-vehicle navigation, in-vehicle internet, and voice recognition. The infotainment device and system platforms segment is further classified as Bluetooth, Microsoft (automotive 7 platform), UVO, Mbrace (Mercedes Benz), and blue harmony, among the others. According to the vehicle type, classification is done as commercial and personal. The prominent players of the market include Microsoft Corporation, Intel Corporation, Bose Corporation, Audiovox Corporation, Visteon Corporation, and Genivi Alliance, among the others. For instance, Microsoft is building an infotainment platform which will be controlled by foot.

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Key features of this report

Drivers, restraints, and challenges shaping the Automotive Infotainment and Navigation market dynamics

Latest innovations and key events in the industry

Analysis of business strategies of the top players

Automotive Infotainment and Navigation market estimates and forecasts(2015 -2021)

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About Us

Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.

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