Automotive Infotainment Market Size

Automotive Infotainment Market size is set to reach USD 21.5 Billion by the end of 2035, growing at a CAGR of 9.3% during the forecast period, i.e., 2023 – 2035. In the year 2022, the industry size of automotive infotainment was around USD 8 Billion. The market's expansion may be ascribed to the expansion of the automotive industry's innovations, technical advancements, and an increase in automotive research and development (R&D) around the globe. For instance, it was discovered that European Union (EU) investments in automotive R&D totaled almost USD 60 billion in 2020.

Along with this, an increase in the number of internet-connected automobiles is another factor that is thought to support the market expansion for automotive infotainment. Better than ever, infotainment systems are being used for more than just listening to music. Now with the help of the internet, the infotainment system provides voice assistants, telematic systems, navigation, and others. In 2021, over 76 million connected vehicles were sold globally, and almost 70% of new cars and trucks had internet connectivity.