Global In-Car Infotainment Market size is projected to be valued $45 Billion by 2024; with a CAGR of 13.5% from 2017 to 2025. In-car infotainment is a hardware device that provides navigation, connectivity, and audio and visual entertainments. These systems not only provide entertainment, but also assist in road driver safety, night vision cameras, and black box recording. These connected devices include navigation systems, head-up display, cloud based infotainment, interior personalization, and connected smartphones with hand-free car kit.
Expanding automotive sector coupled with increasing demand for media oriented systems transport (MOST) technologies are driving the growth of the global in-car infotainment market. Rising development of several smartphone apps for infotainment systems, and high adoption of electronic components in cars are also boosting the growth of the market. However, challenges such as safety and possibility of distraction to drivers may hamper the growth of the market. Furthermore, market expansion and personalized infotainment system would provide several growth opportunities in the coming years.
The global in-car infotainment market is segmented on the basis of installation type, component, and geography. On the basis of installation type, the market is segmented into OEMs and aftermarket. Component type is bifurcated as hardware (display, audio, connectivity, and others (Bluetooth, IVR, and climate control)), and software.
By geography, the market has been bifurcated into North America, Europe, Asia-Pacific and Rest of the World (RoW). The U.S., Canada, and Mexico are covered under North America wherein Europe covers UK, Germany, France, Italy, and others. Asia-Pacific covers China, Japan, India, South Korea, and others. RoW covers South America, Middle East, and Africa.
The key players operating in this segment include Bayerische Motoren Werke AG, General Motors Company, Ford Motor Company, Delphi Automotive PLC, Robert Bosch GmbH, Panasonic Corporation, Harman International, Continental AG, Aisin Seiki Co., Ltd., and Volkswagen AG, among others.
The report covers
Scope of the Global In-Car Infotainment Market
Installation Type Segments
Component Type Segments