According to Future Market Insights’ recent report on automotive infotainment SoCs, titled, “Automotive Infotainment SoCs Market: Global Industry Analysis (2013-2017) and Opportunity Assessment (2018-2028)”, the global market for automotive infotainment SoCs is projected to exhibit a CAGR of 6.9% from 2018 to 2028. The market was worth $9,035.0 Million in 2017 and is expected to touch a valuation of $18,485.9 Million by the end of 2028.
In order to stay competent in the market and retain their position, companies are looking forwards to make long-term contracts business partnerships with other leading companies in order to increase their business revenue and come up with innovation strategies or reaching out to new potential customers. Major companies in the automotive infotainment SoCs market include Texas, ON Semiconductor, NVIDIA, Renesas Electronics, Qualcomm Technologies, and Infineon Technologies, among several others.
Report highlights include proliferating technological advancements in a row to augur well for the market and high production costs and a huge gap in technological sophistication to pose a threat to market growth. For more insights, request a sample report with table of contents and figures.
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