The global automotive infotainment market revenue was USD 17.02 billion in 2017 and is expected to grow significantly in the forecast period. Factors such as growing automotive industry coupled with the increased demand of tethered connectivity and smartphone data integration are expected to significantly impact the growth of automotive infotainment market.
The Automotive Infotainment market is expected to grow at a CAGR of 8.51% to reach $44.73 Billion in 2030.
.jpg "The Global Automotive Infotainment Market 2020-2030 (USD Billion)")
Automotive infotainment basically allows the passengers in the car to access music, navigation, and range of applications with the help of control units and Human Machine Interfaces (HMI). This helps customer to stay connected to the outside world while being entertained in the car. These systems have the ability to connect with various devices such as smartphones, tablets, USB drives and others for smoother customer experience. Hence, the global automotive infotainment market will be prominently fueled by the advancement in wireless communication technologies.
Automotive market is getting highly saturated with large number of manufacturers, each contesting for the market share in a highly competitive environment. Hence, infotainment is the key differentiator on which the market players can lean on. Going forward, the OEMs will come up with innovative software and hardware solutions which will deliver unique experiences and thus, will have a positive influence on the overall automotive infotainment market.
Based on the vehicle type, the global automotive infotainment market is segmented into passenger vehicle car and commercial vehicle. In 2017, passenger cars had higher market share than the commercial vehicles telematics, owing to the rise in demand for personalized car solutions. Also, in the forecast period, the market for passenger cars is expected to grow at the highest growth rate of 14.6%. Earlier, automotive infotainment features were predominantly available only in the luxury cars, but major car manufacturers have started coming up with built-in infotainment services to gain competitive edge over the others. Hence, due to this reasons, the global automotive infotainment market is about to witness a tremendous growth in next eight years.
According to the operating system used, the global automotive infotainment market is bifurcated into QNX, Microsoft, Linux and others. Among these operating systems, QNX contributed the most to the global automotive infotainment market in 2017 and will dominate the market in the coming years due to its flexibility and support to the wide range of infotainment applications. QNX which is owned by BlackBerry, has products ranging from car operating systems and digital media to automobile cybersecurity. Microsoft was the second largest contributor to the global automotive infotainment market followed by Linux and others in 2017.
Geographically, the global automotive infotainment market is divided into four regions- North America, Europe, Asia-Pacific and rest of the world. North America region had the highest market share in 2017 due to its technological advancement and high spending capacity of the consumers. Whereas, in the Asia-Pacific region the automotive infotainment market is expected to grow with the highest CAGR owing to the rapid growth of automobile sector in this region. Also, major car manufacturers in this region have started to introduce infotainment services in the basic car models making it affordable to the majority of the consumers in the developing countries such as India and China.
The major players in the global automotive infotainment market include Continental AG, Pioneer Corporation, Garmin Ltd., Kenwood Corporation, Harman International Industries, Inc., Alpine Electronics, Aptiv PLC, Panasonic Corporation, General Motors Company, Volkswagen AG, Honda Motor Co. Ltd., Ford Motor Company and others. Prominent players have always been focusing on innovation in terms of quality, technology and price to gain a competitive advantage in the automotive infotainment market. For instance, Mercedes Benz introduced its new A-class model at the Consumer Electronics Show (CES), 2018, which was incorporated with smart multimedia system which is powered by Artificial Intelligence (AI).
Automotive Infotainment Market Scope
| Metrics | Details |
| Base Year | 2023 |
| Historic Data | 2018-2022 |
| Forecast Period | 2024-2030 |
| Study Period | 2018-2030 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2030 | $ 44.73 Billion |
| Growth Rate | CAGR of 8.51% during 2020-2030 |
| Segment Covered | By Operating System, Region. |
| Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
| Key Players Profiled | Alpine Electronics; Clarion Co., Ltd.; Continental AG; Delphi Automotive PLC; Denso Corporation; Harman International; JVC KENWOOD Corporation; Panasonic Corporation; Pioneer Corporation; Visteon Corporation |
Key segments of the global automotive infotainment market
Vehicle Type Overview (USD Billion)
- Passenger cars
- Commercial vehicles
Operating System Overview, (USD Billion)
- QNX
- Microsoft
- Linux
- Others
Regional Overview, (USD Billion)
- North America
- Europe
- Asia Pacific
- Rest of the world
Frequently Asked Questions (FAQ) :
The market value of automotive infotainment market in 2030 was $44.73 Billion.
The top companies that hold the market share in automotive infotainment market are Continental AG, Pioneer Corporation, Qualcomm Technologies, Garmin Ltd., Kenwood Corporation, Harman International Industries, Inc., Alpine Electronics, Aptiv PLC, Panasonic Corporation, General Motors Company, Volkswagen AG, Honda Motor Co. Ltd. & among others.
To get latest version of automotive infotainment market report can be obtained on demand from the website.