Automotive Infotainment Market Trends

  • Report ID: 4599
  • Published Date: Oct 11, 2024
  • Report Format: PDF, PPT

Automotive Infotainment Market Trends

Growth Drivers

  • Increasing Penetration of Bluetooth in Automotive- Cars can easily connect to phones, computers, and other gadgets with the aid of Bluetooth. More and more vehicles are becoming Bluetooth-enabled. GPS, Bluetooth, and audio players are all compatible. For instance, by 2024, it is anticipated that Bluetooth technology would be used in 75% of all vehicles across the globe.
  • Increased Use Of 5G Infrastructure- The integration of advanced infotainment systems with 5G connection turns static systems into digital ones. The most recent, fastest network technology has very high upload and download speeds. By 2025, it is anticipated that there will be about 21% of 5G automotive applications around the world.
  • Expanding Fleet of Connected Cars- Through the Internet of Things (IoT), infotainment systems may connect to other automotive systems and outside gadgets. The number of connected, autonomous automobiles is increasing. By 2025, there should be 400 million of these vehicles on the road, globally.

Challenges

  • Potential for Data Abuse- The modern infotainment system is integrated to provide consumers with a richer and more educational experience. To prevent software, in-vehicle, and user data leaks, complicated security measures, and firewalls were necessary. Data manipulation and code overwriting risks might result in both user data hacking and deadly vehicle malfunctions. Numerous important data points, including personal IDs and money transactions, are highly exposed since consumers combine their phones with in-cabin entertainment systems.
  • Research and Development Demand Significant Expenditure.
  • Difficult Software Designs

Automotive Infotainment Market: Key Insights

Base Year

2022

Forecast Year

2023-2033

CAGR

~9%

Base Year Market Size (2022)

~ USD 8 Billion

Forecast Year Market Size (2033)

~ USD 18 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

Base Year

2024

Forecast Year

2025-2037

CAGR

9.2%

Base Year Market Size (2024)

USD 9.56 billion

Forecast Year Market Size (2037)

USD 30.34 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:


Author Credits:  Richa Gupta


  • Report ID: 4599
  • Published Date: Oct 11, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of automotive infotainment is evaluated at USD 10.27 billion.

The automotive infotainment market size was over USD 9.56 billion in 2024 and is anticipated to exceed USD 30.34 billion by the end of 2037, growing at over 9.2% CAGR during the forecast period i.e., between 2025-2037. Growing innovations in the automotive industry and technological upgradation along an upsurge in automotive research & development worldwide will boost the market growth.

Asia Pacific industry is predicted to hold the highest share of 35% by 2037, due to growing number of cars, supported by the presence of a robust automotive network in the region.

The major players in the market include Continental AG, Group Forvia, Harman International Industries, Incorporated, Robert Bosch GmbH, Visteon Corporation, Aptiv Global Operations Limited, Garmin Ltd, LG Electronics, Delphi Automotive PLC, ALLGo Embedded Systems Pvt Ltd.
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