Automotive Infotainment Market Prognosticated to Accrue With a Whooping CAGR by 2027. Market Research Future published a Cooked research report on “Automotive Infotainment Market Research Report - Forecast 2024” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027.
The entertainment sector is ever-expanding, and the automotive industry is no different. The global automotive infotainment market is growing at an impressive pace as consumers are increasingly showing a preference for vehicles which are technologically advanced and offer a well-rounded collection of features. The automotive infotainment market is anticipated to witness upward growth at a CAGR of 6.36% during the forecast period of 2018 to 2024. This projections among others have been made in Market Research Future’s latest market report on the subject.
The increasing support for open source platforms, which are pivotal in constructing integrated software, is a strong driver for market growth due to the use of such platforms to run these infotainment systems. Moreover, automotive infotainment devices offer connectivity with a wide range of personal devices regardless of operating system, making them highly flexible, thus driving demand. These systems can be connected to USB flash drives, laptops, tablets, and smartphones and are helpful in enabling a seamless experience for the consumer. The various benefits of automotive infotainment such as its use to display camera feedback, and use in connecting media for various entertainment purposes have catapulted the technology into high demand. With automotive manufacturing growing exponentially, the installation of such systems has grown, thus driving market growth.
Automotive infotainment systems are often complex in design as the integration of software with hardware is vital, and special designs or customizations must be made to work with specific car models. Moreover, infotainment systems can also create a distraction for drivers as it is in audio-visual format, thus increasing the risk of accidents. These restraints are expected to impede market growth during the assessment period. However, market players are exploring the use of advanced technologies such as OLED-based infotainment systems which are expected to promote interest in innovations of the product and result in opportunities for market growth.
The automotive infotainment market has been evaluated in MRFR's report on the basis of operating systems and region. By operating system, the market is segmented into QNX, Microsoft, Linux, and others. The QNX segment accounts for a market share of 47% and is expected to grow at a CAGR of 6.26% during the forecast period. QNX is designed for flexibility and has the ability to support a broad variety of gadgets and systems. The global market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.
Table of Contents:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Stud
2.2.2 Research Objective
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
List of Figures:
FIGURE 1 Research Process Of MRFR
FIGURE 2 Top Down & Bottom Up Approach
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter’s Five Forces Analysis
FIGURE 7 Value Chain Analysis
Browse more on this report: https://www.marketresearchfuture.com/reports/automotive-infotainment-market-3993
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