Radiant Insights claims the global in-vehicle infotainment market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are rising enormously across the globe. The researchers are confident in their claims, stating “the global In-Vehicle Infotainment market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025.” Can you be more exact?
Radiant Insights sees growth in the manufacturing of vehicles and sale of luxury and premium cars, rising penetration of infotainment in mid and low sector cars, and rising demand in developing regions as major factors of In-Vehicle Infotainment Market that are estimated to enhance the growth in the years to come. However, high R&D costs and fluctuating prices of raw materials are the factors that may restrain overall market in the coming years.
- In-Vehicle Infotainment Market is segmented based on type, vehicle type, component, services, operating system, connectivity, and region. Types such as integrated, embedded, and tethered may classify In-Vehicle Infotainment in the forecast period. Vehicle types such as HCV, passenger car, and LCV In-Vehicle Infotainment in the forecast period.
- The market may be categorized based on operating systems like Microsoft, Linux, QNX, and others that could be explored in the forecast period.
- In-Vehicle Infotainment Market is segmented geographically into Americas (North America, South America, and Latin America), Europe (Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle East and Africa. Globally, North America accounted for the substantial market share of In-Vehicle Infotainment and is estimated to lead the overall market in the coming years.
Should you require greater illumination from Radiant on this topic, you can access the “In-Vehicle Infotainment Market" report.
Radiant Insights, Inc.