Automotive Infotainment System Market Raking In The Dough

According to a report by Reports and Data, the global connected automotive infotainment system market is forecast to reach $53.28 Billion by 2026, growing at a CAGR of 13.9%. Growth is associated with the emergence of cloud-based applications in automotive industry. Connections to cloud-based solutions, such as Google Maps, or Nokia’s Ovi Maps, allow access to the three elements of navigation—the roads, local POIs, and Location-Based Services (LBS) content.

 

Report Findings

Free Newsletter

Like this article? Subscribe to FierceSensors!

The sensors industry is constantly changing as innovation runs the market’s trends. FierceSensors subscribers rely on our suite of newsletters as their must-read source for the latest news, developments and analysis impacting their world. Register today to get sensors news and updates delivered right to your inbox.
  • Network connectivity issues may hinder the growth of the market.
  • The market is segmented on the basis of platforms into software and hardware. Software includes Android, GENIVI Linux, AGL and QNX. Hardware include Intel – Apollo Lake, Qualcomm – 602A, 820A, Renesas – R-Car H2/H3, TI – J4, J5, J6, TDA2X, Freescale – i.mx6, i.mx8 and NVIDIA – Jetson.
  • The software segment dominated the market in 2018 and is forecasted to grow at a rate of 13.2% during the forecast period, due to the growth of QNX.
  • The market is segmented based on vehicle type into passenger cars, and commercial vehicle. The passenger cars dominated the segment in 2018 and is forecasted to have a CAGR of 12.8%, during the forecast period, due to the increasing demand of luxury cars, such as SUV, Sedans, or MUVs.
  • The market is segmented based on connectivity into SDL, CarPlay, Android Auto, Mirror, Link, Bluetooth, and Wi-Fi, NFC, USB, 3G/4G/LTE.
  • The market is segmented based on application into multimedia streaming: audio, internet radio, and video, connected navigation and location-based content, social media and networking and in-car Wi-Fi networks.
  • Multimedia streaming dominated the market in 2018 and will grow at a CAGR of 13.9% during the forecast period, since most modern car designs has access to internet TV and mobile TV, CD players, USBs or Bluetooth for audio, internet radio, and video streaming.

Need more details? Request a sample report.

 

Reports And Data

800-819-3052

[email protected]

www.reportsanddata.com

Suggested Articles

Accuracy is down to 0.2 degrees C

Apple did better than expected in the third quarter, partly on sales of its newest iPhone 11 in Western Europe and the U.S.

Nearly 60% of revenues at semiconductor maker Silicon Labs is related to IoT