The Automotive Infotainment Market Report 2024-2034: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.
Growth of Electric & Autonomous Vehicles to Drive Market
The growth of electric vehicles and autonomous vehicles is reshaping the automotive industry, with a profound impact on the in-vehicle infotainment (IVI) market. As the automotive landscape evolves towards electrification and automation, there is a growing demand for advanced IVI systems that cater to the unique requirements and preferences of EV and AV users. One key aspect driving the growth of IVI systems in electric vehicles is the integration with electric powertrains. EV-specific features such as range monitoring, battery status updates, and charging station navigation are essential components of modern IVI systems for electric vehicles. These systems provide real-time information on battery performance, charging infrastructure, and energy consumption, alleviating range anxiety and enhancing the overall driving experience for EV owners. As the automotive industry continues to embrace electrification and automation, automotive infotainment will play a crucial role in shaping the future of mobility.
High Cost of Infotainment Systems Likely to Challenge Industry Growth
The integration of advanced technologies into infotainment systems, such as high-resolution displays, touchscreen interfaces, connectivity features, and software development, significantly inflates production costs. Consequently, vehicles equipped with sophisticated infotainment systems often come with higher retail prices, making them less affordable for certain consumers. A notable constraint in the in-vehicle infotainment market is the added expense of annual service subscriptions. Informational services like satellite radio, vehicle diagnostics, Wi-Fi hotspots, roadside assistance, and real-time traffic data typically require yearly subscriptions, often starting with a free trial. While the initial cost may seem manageable, it accumulates over time, contributing to the overall expense of vehicle ownership and maintenance. Additionally, there are extra costs associated with subscription models and software upgrades, further burdening consumers financially.
What Questions Should You Ask before Buying a Market Research Report?
- How is the automotive infotainment market evolving?
- What is driving and restraining the automotive infotainment market?
- How will each automotive infotainment submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2034?
- How will the market shares for each automotive infotainment submarket develop from 2024 to 2034?
- What will be the main driver for the overall market from 2024 to 2034?
- Will leading automotive infotainment markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
- How will the market shares of the national markets change by 2034 and which geographical region will lead the market in 2034?
- Who are the leading players and what are their prospects over the forecast period?
- What are the automotive infotainment projects for these leading companies?
- How will the industry evolve during the period between 2024 and 2034? What are the implications of automotive infotainment projects taking place now and over the next 10 years?
- Is there a greater need for product commercialisation to further scale the automotive infotainment market?
- Where is the automotive infotainment market heading and how can you ensure you are at the forefront of the market?
- What are the best investment options for new product and service lines?
- What are the key prospects for moving companies into a new growth path and C-suite?
You need to discover how this will impact the automotive infotainment market today, and over the next 10 years:
- Our 295-page report provides 106 tables and 145 charts/graphs exclusively to you.
- The report highlights key lucrative areas in the industry so you can target them – NOW.
- It contains in-depth analysis of global, regional and national sales and growth.
- It highlights for you the key successful trends, changes and revenue projections made by your competitors.
This report tells you TODAY how the automotive infotainment market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.
Forecasts to 2034 and other analyses reveal commercial prospects
- In addition to revenue forecasting to 2034, our new study provides you with recent results, growth rates, and market shares.
- You will find original analyses, with business outlooks and developments.
- Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising automotive infotainment prices and recent developments.
This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, “V”, “L”, “W” and “U” are discussed in this report.
Segments Covered in the Report
Distribution Channel
- OEM
- Aftermarket
Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
Application
- Navigation
- Media
- Communication
- Payment Services
- Telematics
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for five regional and 20 leading national markets:
North America
- U.S
- Canada
Europe
- Germany
- France
- Italy
- Spain
- Russia
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Indonesia
- South Korea
- Rest of Asia Pacific
MEA
- GCC
- South Africa
- Rest of MEA
Latin America
- Brazil
- Mexico
- Rest of Latin America