Automotive Infotainment Market Future Outlook (2023-2032) Trends, Scope, Size, Demand, Competitors Study, by Region, Top Players

Automotive Infotainment Market overview

The automotive infotainment market industry is projected to grow from USD 27.2 billion in 2022 to USD 48.2 billion by 2030, exhibiting a CAGR of 8.51%, during 2022 - 2030. The world is going towards digitalization, and the automotive industry is also trying to improve and lead to the market's growth. During the COVID 19the, the logistic industry and manufacturing companies were halted, negatively affecting the Infotainment Market Size.

Increasing driver assistant systems demand for entertainment in the cars are propelling the Infotainment Market Size. The rising growth of the self-service application voice sensing technology creates many opportunities for the market. Difficulties in recognizing bilingual commands and hands-free actions hinder market growth. High cost and long product life are the challenges the market faces to attain the required growth. The automobile industry is developing more and more due to the innovative multi-media Infotainment into their automobiles.

Infotainment is described as the amalgamation of car systems used to provide information and entertainment to the passenger. The driver by audio and video interfaces control system systems like touch screen displays, voice commands, button panels, etc. Infotainment is growing rapidly globally in the technology industry as almost all automobiles consist of infotainment for entertainment.

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The Infotainment also allows connecting to personal navigation systems and smartphones. The mobile industry continuously develops and improves many things for better connectivity solutions. The manufacturers are focusing on developing newer features in Infotainment to make it more entertaining for the market. The newer technology of Infotainment gets connected to smartphones, ADAS systems, sensors and several other devices.

Infotainment Market Key Players

Continental AG (Germany)
Alpine Electronics Inc. (Japan)
Harman International (US)
Pioneer Electronics (US)
Panasonic Corporation (Japan)
DENSO Corporation (Japan)
Garmin Ltd. (Switzerland)
Delphi Automotive PLC (UK)
KENWOOD Corporation (Japan)
ALLGo Embedded Systems Pvt. Ltd. (India)
Infotainment Market segmentation

The Infotainment Market Size is segmented into operating systems. The operating segment is bifurcated into Linux, QNX Microsoft and others. The QNX segment holds the largest market value due to the flexibility and assistance in developing different Infotainment systems to be in the same position with the increasing advancement of technology. Due to the OS and open source availability, the Linux segment is also growing, and it will provide cost-saving advantages, and easy availability propels the market. The presence of different suppliers at every level in software boosts the growth. The Microsoft segment is growing significantly due to the suppliers like Ford, Nissan and others.

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Infotainment Market Regional analysis

The Infotainment Market Size is studied in North America, Europe, Asia Pacific and other parts of the world. North America is dominating the market due to the growing economy more investment made by the government for the automotive industry. The rising passenger cars, technological advancement, and several innovative Infotainment products propel the market.

The growing GDP, emerging economics, and increasing per capita income have formed scope for the automotive industry. The increasing automotive industries in the eurp[ena] make the region register significant growth during the forecast period. The demand for luxury vehicles contributes to the region's growth factor. Other regions will also focus on the market's growth in the forecast period.

Infotainment Market Industry news

Sony and honda are recombining to launch a line of high-tech battery-electric vehicles that redefines mobility.

Market Trends:

Integration of AI and Voice Recognition: Automotive infotainment systems are increasingly incorporating artificial intelligence (AI) and voice recognition technologies to provide more intuitive and hands-free interaction, enhancing the overall user experience.
Rise of Connected Cars: The proliferation of connected car technologies is fueling the demand for infotainment systems capable of seamless integration with smartphones and other devices, enabling features such as streaming music, real-time navigation updates, and remote vehicle control.
Growing Demand for In-Car Streaming: With the popularity of streaming services like Spotify and Netflix, there's a rising demand for in-car streaming capabilities, prompting automakers and infotainment system providers to offer integrated solutions for accessing digital content on the go.
Market Segment Insights:

By Component: The automotive infotainment market can be segmented into hardware (display units, control units, and processors) and software (operating systems, applications, and middleware). Both segments are witnessing significant growth, with software playing an increasingly pivotal role in delivering personalized and connected experiences.
By Vehicle Type: Infotainment systems are being adopted across various vehicle types, including passenger cars, commercial vehicles, and electric vehicles. Passenger cars dominate the market, driven by the increasing consumer preference for advanced entertainment and connectivity features.
Market Regional Insights:

North America: The North American automotive infotainment market is propelled by the presence of major automotive manufacturers and tech companies, coupled with a tech-savvy consumer base demanding the latest in-car entertainment technologies.
Europe: Europe is witnessing substantial growth in automotive infotainment adoption, driven by stringent regulations promoting vehicle connectivity and safety, as well as increasing investments in smart mobility solutions.
Asia Pacific: With the rapid expansion of the automotive industry in countries like China, India, and Japan, Asia Pacific is emerging as a lucrative market for automotive infotainment systems, fueled by rising disposable incomes and growing demand for premium vehicles.
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Market Key Market Players & Competitive Insights:

Harman International: A leading player in the automotive infotainment market, Harman International offers a comprehensive portfolio of infotainment solutions, including connected car platforms, audio systems, and telematics.
Panasonic Corporation: Panasonic Corporation is another key player known for its innovative automotive infotainment systems, featuring advanced connectivity, navigation, and entertainment functionalities.
Alpine Electronics: Alpine Electronics specializes in high-performance infotainment systems tailored for automotive applications, focusing on delivering superior audio quality and user-friendly interfaces.
Industry Developments News:

Integration of Augmented Reality (AR): Several automotive infotainment providers are exploring the integration of augmented reality (AR) technology into their systems to enhance navigation guidance and provide immersive driving experiences.
Partnerships for Enhanced Connectivity: Collaboration between automakers, tech companies, and telecommunications providers is becoming increasingly common, aimed at developing integrated infotainment solutions with seamless connectivity to 5G networks and cloud services.
Market Segmentation:

The automotive infotainment market can be segmented based on components (hardware and software), vehicle type (passenger cars, commercial vehicles, electric vehicles), and region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa). Each segment presents unique opportunities for manufacturers and service providers to innovate and cater to evolving consumer preferences in the connected vehicle ecosystem.

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