Automotive Infotainment Market Latest Innovations, Drivers and Industry Key Events 2024 – 2030: Grand View Research Inc.Posted by Sona Kulkarni on April 12th, 2024 Automotive Infotainment Market Growth & TrendsThe global automotive infotainment market size is expected to reach USD 28.93 billion by 2030 and is anticipated to expand at a CAGR of 9.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising demand for safety features, digital cockpits, self-driving vehicles, and entertainment purposes is driving the demand for the automotive infotainment market. Advances in driver safety software and sensors are playing a niche role in driving the growth of the automotive infotainment systems market. As automotive technology continues to evolve in line with the strong emphasis on driver safety, automakers are incorporating digital monitoring systems (DMS) and ADAS into their automobiles. Smartphones can be connected to the vehicle's entertainment system using Bluetooth. Modern infotainment systems use HDMI cables, Bluetooth, and USB to send audio and video content to display screens, speakers, and headphones. Bluetooth connectivity allows for advanced functions such as hands-free calling and call record visibility. Furthermore, in March 2023, BMW launched an infotainment system which offers smartphone experience. The updated BMW iDrive infotainment system works on BMW Operating System 8.5, which is based on Linux and can make greater use of the BMW Curved Display. Users can rearrange the various icons on the system's main screen, which has adjustable visuals, similar to a computer or smartphone screen, with the new iDrive update. Automakers are increasingly offering rear-seat entertainment packages, which can enhance the journey experience for rear-seat passengers. These product offerings include a headrest mount for wireless devices, a headrest with built-in monitors, and portable hard drives with streaming facilities as well as audio devices, such as sound splitter adapters and wireless car headphones. Rear-seat entertainment systems are commonly installed in premium and luxury cars. As the demand for premium cars continues to grow in line with the rising levels of disposable income, the demand for automotive infotainment systems supporting rear-seat entertainment is also growing proportionally the increasing usage of a tablet in cars is particularly encouraging automobile manufacturers to design and develop tablets customized according to consumer and vehicle parameters. Prominent automobile manufacturers are working closely with software development companies to develop a technologically advanced solution that provides a cutting edge over competitors. For instance, in April 2023, Alps Electric Co., Ltd. signed a long-term agreement with Tata Elxsi, a provider of technology services to develop next-generation vehicle software. Request a free sample copy or view report summary: Automotive Infotainment Market Report Automotive Infotainment Market Report Highlights
Access Press Release@ https://www.grandviewresearch.com/press-release/global-automotive-infotainment-systems-market Automotive Infotainment Market Segmentation Grand View Research has segmented the global automotive infotainment market on the basis of product type, fit type, vehicle type, and region: Automotive Infotainment Product Type Outlook (Revenue, USD Million, 2018 - 2030)
Automotive Infotainment Fit Type Outlook (Revenue, USD Million, 2018 - 2030)
Automotive Infotainment Vehicle Type Outlook (Revenue, USD Million, 2018 - 2030)
Automotive Infotainment Regional Outlook (Revenue, USD Million, 2018 - 2030)
List of Key Companies in the Automotive Infotainment Market
About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. Like it? Share it!More by this author
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