The Business Research Company’s report on the Next-Generation In-vehicle Networking (IVN) Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the next-generation in-vehicle networking (ivn) industry?
The growing demand for electric vehicles is expected to propel the growth of the next-generation in-vehicle networking (IVN) market going forward. Electric vehicles (EVs) are vehicles that are powered entirely or partially by electricity rather than traditional internal combustion engines (ICE) that run on gasoline or diesel. The growing demand for electric vehicles (EVs) is due to reducing carbon emissions, lowering operating costs, and supporting energy independence. As concerns over climate change intensify, governments and consumers increasingly prioritize eco-friendly transportation options. EVs produce zero tailpipe emissions, making them an attractive solution for reducing air pollution and contributing to global carbon reduction goals. Next-generation in-vehicle networking (IVN) plays a crucial role in electric vehicles (EVs) by enabling seamless communication between various electronic systems within the vehicle, supporting the integration of advanced features, and ensuring optimal performance. For instance, in April 2023, according to a report published by the International Energy Agency (IEA), a France-based government organization, global electric vehicles accounted for 14% of all new car sales in 2022, up from 9% in 2021. Therefore, the growing demand for electric vehicles is driving the growth of the next-generation in-vehicle networking (IVN) market.
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What is the estimated market size of the next-generation in-vehicle networking (ivn) sector by 2029, based on current forecasts?
The next generation in-vehicle networking (IVN) market size has grown rapidly in recent years. It will grow from $2.10 billion in 2024 to $2.39 billion in 2025 at a compound annual growth rate (CAGR) of 13.9%. The growth in the historic period can be attributed to the rising need for linked cars, an increasing focus on electrifying vehicles, a growing number of government programs, and increasing demand for advanced connectivity features, and rising disposable income.
The next generation in-vehicle networking (IVN) market size is expected to see rapid growth in the next few years. It will grow to $3.97 billion in 2029 at a compound annual growth rate (CAGR) of 13.5%. The growth in the forecast period can be attributed to rising vehicle production, increasing demand for passenger cars, growing need for robust networking infrastructure, rising need for data processing power within vehicles, and increasing environmental awareness. Major trends in the forecast period include advanced electronic control units, cutting-edge network technologies, strategic collaborations, software-defined vehicles, and the integration of artificial intelligence.
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Who are the top players in the next-generation in-vehicle networking (ivn) market?
Major companies operating in the next-generation in-vehicle networking (IVN) market are Robert Bosch GmbH, Broadcom Inc., Aptiv PLC, TE Connectivity PLC, STMicroelectronics NV, Infineon Technologies AG, Molex LLC, NXP Semiconductors NV, Analog Devices Inc., Renesas Electronics Corporation., ON Semiconductor Corporation, HARMAN International Industries Inc., Microchip Technology Inc., TEKTRONIX INC., Marvell Technology Inc., Nexperia BV, HMS Networks AB, ARASAN CHIP SYSTEMS INC, ElectRay Technologies Pvt. Ltd, Dorle Controls LLC, tQCS Inc., Embien Technologies India Pvt Ltd.
What are the major trends in the next-generation in-vehicle networking (ivn) market?
Major companies operating in the next-generation in-vehicle networking (IVN) market are focusing on developing innovative components, such as multi-gigabit Ethernet chipsets, to boost high-speed automotive connectivity. Multi-gigabit Ethernet chipsets are advanced networking solutions for fast, low-power, and scalable data transmission in automotive and industrial applications. For instance, in May 2024, Aeonsemi, a US-based integrated circuit (IC) design firm, launched Nemo, the industry’s most comprehensive IEEE 802.3ch-compliant multi-gigabit Ethernet chipset for IVN. Nemo includes the world’s first automotive switch with integrated 10GBASE-T1 PHYs, enabling energy-efficient, symmetric, and asymmetric Ethernet connectivity over long distances, reducing power consumption, and enhancing performance in next-gen automotive networks.
Which geography holds the highest next-generation in-vehicle networking (ivn) market share?
North America was the largest region in the next generation in-vehicle networking (IVN) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the next-generation in-vehicle networking (IVN) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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How do different segments contribute to the overall expansion of the next-generation in-vehicle networking (ivn) market?
The next-generation in-vehicle networking (IVN) market covered in this report is segmented –
1) By Type: Infotainment, Climate Control, Navigation, Driver Assistance Systems (DAS), Other Types
2) By Connectivity Standards: Controller Area Network (CAN), Local Interconnect Network (LIN), FlexRay, Radio Frequency (RF), Ethernet, Media-Oriented Systems Transport (MOST)
3) By Vehicle Type: Passenger Car, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV), Automated Guided Vehicle (AGV)
4) By Application: Powertrain, Safety, Body Electronics, Chassis, Infotainment
5) By End User Industry: Aerospace, Agriculture, Automotive, Construction, Manufacturing, Pharmaceuticals
Subsegments:
1) By Infotainment: Audio And Video Entertainment Systems, Bluetooth And Wi-Fi Connectivity, Smartphone Integration, Voice Recognition Systems, Touchscreen Displays, Rear-Seat Entertainment
2) By Climate Control: Automatic Climate Control Systems, Dual-Zone And Multi-Zone Climate Control, Air Quality Monitoring And Ionization Systems, Seat Heating And Ventilation, Remote Climate Control
3) By Navigation: GPS-based Navigation Systems, Real-time Traffic Updates And Route Optimization, Augmented Reality (AR) Navigation, Over-the-Air (OTA) Map Updates, Integration With Smart Assistants
4) By Driver Assistance Systems (DAS): Adaptive Cruise Control (ACC), Lane Departure Warning (LDW) And Lane Keeping Assist (LKA), Blind Spot Detection (BSD), Parking Assistance And Automated Parking Systems, Forward Collision Warning (FCW) And Automatic Emergency Braking (AEB), Night Vision And Driver Monitoring Systems
5) By Other Types: Vehicle-to-Everything (V2X) Communication, Over-the-Air (OTA) Software Updates, Predictive Maintenance Systems, Biometric Access And Security Systems, Telematics And Fleet Management
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What defines the structure and scope of the next-generation in-vehicle networking (ivn) market?
Next-generation in-vehicle networking (IVN) refers to the advanced communication systems used in modern vehicles to connect various electronic control units (ECUs), sensors, infotainment systems, and other devices within the vehicle. It enables high-speed data exchange between these components to support various functions, from autonomous driving and advanced driver-assistance systems (ADAS) to infotainment and vehicle diagnostics.
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