The analysts forecast global automotive connected infotainment system market to grow at a CAGR of 11.82% during the period 2018-2022. One trend in the market is analytics in connected infotainment systems.
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There has been an increased demand for connected infotainment services, such as live music and cloud services in the recent years owing to rapid development in smartphone and IT industry.
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Previously, the infotainment system was used to play the media available on the local device. However, the need for internet connectivity and connected cars technology has led to increasing demand for connected infotainment systems.
Major key players in the global automotive connected infotainment system market: Alpine Electronics, Delphi, Garmin, HARMAN International, Pioneer, and TomTom International.
According to the automotive connected infotainment system market report, one driver in the market is increased support for application development in automotive infotainment. Traditionally, the competition among the automotive manufacturers was limited to the towing capacity, acceleration, and horsepower of the vehicle.
However, recently, there has been a shift in the focus of consumers and OEMs from what is under the hood to what is behind the vehicle's dashboard.
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Further, the automotive connected infotainment system market report states that one challenge in the market is higher cost associated with fleet tracking. Automotive telematics is becoming more integrated with infotainment systems to provide the tracking data, messages, and other pieces of information to both fleet operators and drivers.
Initial costs of setting up telematics include license, setup and installation fee, and payment for customization and integration with current systems. The license must be renewed periodically, which adds to the overall cost.
Key questions answered in this report:
What will the market size be in 2022 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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Few Points from List of Exhibits:
Exhibit 1: Parent Market
Exhibit 2: Global Automotive Connected Infotainment System Market
Exhibit 3: Market Characteristics
Exhibit 4: Market Segments
Exhibit 5: Market Definition Inclusions and Exclusions Checklist
Exhibit 6: Market Size 2017
Exhibit 7: Validation Techniques Employed For Market Sizing 2017
Exhibit 8: Global Market Size and Forecast 2017-2022 ($ Bn)
Exhibit 9: Global Year-Over-Year Growth 2018-2022 (%)
Exhibit 10: Five Forces Analysis 2017
Exhibit 11: Five Forces Analysis 2022
Exhibit 12: Bargaining Power of Buyers
Exhibit 13: Bargaining Power of Suppliers
Exhibit 14: Threat of New Entrants
Exhibit 15: Threat of Substitutes
Exhibit 16: Threat of Rivalry
Exhibit 17: Market Condition - Five Forces 2017
Exhibit 18: Vehicle Type Market Share 2017-2022 (%)
Exhibit 19: Comparison by Vehicle Type
Exhibit 20: Passenger Vehicles Market Size and Forecast 2017-2022 ($ Bn)