Market Research

Automotive Infotainment Market Forecast 2024-2033: Projected CAGR, Key Drivers, And Trends

Overview and Scope
The automotive infotainment is a hardware and software platform that helps deliver audio and video entertainment in vehicles. Some of the known entertainment provided by automotive infotainment include car radio broadcasting, video streaming, navigation, and streaming services that are combined into one system. Automotive infotainment is used in the automotive instrument cluster, automotive display, telematics, digital cockpit controller, and smart device integration.

Sizing and Forecast
The automotive infotainment market size has grown strongly in recent years. It will grow from $19.95 billion in 2023 to $21.37 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to consumer demand for connectivity, integration of navigation systems, regulatory compliance, entertainment and comfort, rise of smartphones.

The automotive infotainment market size is expected to see strong growth in the next few years. It will grow to $27.98 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to emergence of autonomous vehicles, electric vehicle infotainment enhancement, personalization and customization, subscription-based services, real-time updates and over-the-air updates. Major trends in the forecast period include integration of advanced connectivity, ai and machine learning integration, 5g connectivity, iot integration, voice and gesture control.

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Segmentation & Regional Insights
The automotive infotainment market covered in this report is segmented –

1) By Operating System: QNX, Microsoft, Linux
2) By Form: Embedded, Tethered, Integrated
3) By Vehicle Type: Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle

Asia-Pacific was the largest region in the automotive infotainment market in 2023. The regions covered in the automotive infotainment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth
The rise in the adoption of connected cars is expected to propel the growth of the automotive infotainment market. Consumers are increasingly opting for connected cars with better infotainment systems. Tata Motors, an automotive infotainment company, for example, crossed a significant milestone of onboarding 500,000 vehicles onto the Connected Vehicle Platform (CVP), which caters to its entire range of commercial, passenger, and electric vehicles. Therefore, there is a rise in the adoption of connected cars, and this drives the automotive infotainment industry.

Key Industry Players
Major companies operating in the automotive infotainment market report are Robert Bosch GmbH, HARMAN International, Mitsubishi Electric Corporation, DENSO CORPORATION, Visteon Corporation, Kenwood Corporation, Continental AG, Pioneer Corporation, Panasonic Corporation, Alpine Electronics, Delphi Automotive PLC, ALLGo Embedded Systems Pvt. Ltd., Aptiv PLC, Clarion Co. Ltd., Aisin Seiki Co. Ltd., Garmin Ltd., Pacific Industrial Co. Ltd., Fujitsu Ten Limited, Magnetic Marelli SpA, General Motors Company, Tesla Inc., Hyundai Mobis Co. Ltd., TomTom International BV, Sony Corporation, LG Electronics Inc., Blaupunkt GmbH, Qualcomm Incorporated, NXP Semiconductors N. V., Infineon Technologies AG, JVC Kenwood Corporation, Bose Corporation

The automotive infotainment market report table of contents includes:

1. Executive Summary

2. Automotive Infotainment Market Characteristics

3. Automotive Infotainment Market Trends And Strategies

4. Automotive Infotainment Market – Macro Economic Scenario

5. Global Automotive Infotainment Market Size and Growth
.
.
.

31. Global Automotive Infotainment Market Competitive Benchmarking

32. Global Automotive Infotainment Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Automotive Infotainment Market

34. Automotive Infotainment Market Future Outlook and Potential Analysis

35. Appendix

Top Major Players:

Robert Bosch GmbH

HARMAN International

Mitsubishi Electric Corporation

DENSO CORPORATION

Visteon Corporation

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