Press Release

Global In-Vehicle Infotainment Market to Reach $ 58 Billion by 2022

Growing automobile sales coupled with increasing inclination of consumers towards premium infotainment systems to drive global in-vehicle infotainment market through 2022

According to TechSci Research report, “Global In-Vehicle Infotainment Market By Vehicle Type, By System Type, By Sales Type, By Region, Competition Forecast & Opportunities, 2012 – 2022”, the global in-vehicle infotainment market is projected to reach $ 58 billion by 2022, backed by rising integration of advanced technologies into infotainment systems across the globe. Moreover, growing sales of automobiles, which stood at 69.46 million units in 2016, globally, are expected to boost demand for in-vehicle infotainment systems through 2022. Rising consumer preference for advanced and feature-rich infotainment systems which are capable of providing multimedia functions along with vehicle statistics, connectivity services, navigation services, etc., is also anticipated to thrive global in-vehicle infotainment market over the coming years.

Browse 161 market data Figures spread through 245 Pages and an in-depth TOC on "Global In-Vehicle Infotainment Market"

 By vehicle type, global in-vehicle infotainment market has been categorized into passenger car and commercial vehicle segments. Of these segments, passenger car dominated the market in 2016 and the same trend is anticipated to continue in the coming years as well, owing to higher sales of passenger cars in comparison to commercial vehicles across the globe. Growing presence of various companies such as Harman International, Continental AG, Panasonic Corporation, etc., and their increasing research & development efforts to manufacture technologically advanced infotainment systems is likely to intensify competition in the global in-vehicle infotainment system market in the coming years.

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“With growing consumer preference towards deploying infotainment systems in their vehicles to remain up-to-date, connected, entertained and informed, the user base of in-vehicle infotainment systems is growing at a robust pace across Asia-Pacific, North America and Europe. Moreover, increasing sales of luxury cars with advanced styling and infotainment systems is expected to positively influence the global in-vehicle infotainment market over the course of next five years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Global In-Vehicle Infotainment Market By Vehicle Type, By System Type, By Sales Type, By Region, Competition Forecast & Opportunities, 2012 – 2022 has analyzed the potential of in-vehicle infotainment market across the globe, and provides statistics and information on market size, shares and trends. The report will suffice in providing the intending clients with cutting-edge market intelligence and help them in taking sound investment decisions. Besides, the report also identifies and analyzes emerging trends along with essential drivers and key challenges faced by the industry. 

About TechSci Research

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