Easy connectivity to personal devices, such as mobiles, laptops, etc. is the primary factor in influencing market growth.
Market Size – USD 18.81 Billion in 2018, Market Growth - CAGR of 13.9%, Market Trends – Rise in cloud based applications.
NEW YORK, April 01, 2019 (GLOBE NEWSWIRE) -- The global connected automotive infotainment system market is forecasted to reach USD 53.28 Billion by 2026, according to a new report by Reports and Data. This can be mainly associated with the emergence of cloud based applications in automotive industry. Connections to cloud-based solutions, such as Google Maps, or Nokia’s Ovi Maps, allow access to the three elements of navigation—the roads, local POIs, and Location-Based Services (LBS) content.
Connected automotive infotainment systems typically include audio-video features and two-way communications tools, which include standard radio and CD players, and allow phone connections, vehicle voice commands and other types of interactive audio or video. The systems even include rear-seat DVD features that enable passengers to watch any visual media.
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The network connectivity issues may hinder the growth of the market. Infotainment systems require high-performance, high data rates and time-synchronous data streams on multiple devices. Thus, the systems are required to be designed for optimal signal integrity at high frequencies.
Further key findings from the report suggest
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For the purpose of this report, Reports and Data have segmented global connected automotive infotainment system Market on the basis of platforms, vehicle type, application, connectivity, and region:
Platforms Outlook (Revenue, USD Billion; 2018-2026)
Vehicle type Outlook (Revenue, USD Billion; 2018-2026)
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Connectivity Outlook (Revenue, USD Billion; 2018-2026)
Application Outlook (Revenue, USD Billion; 2018-2026)
Regional Outlook (Revenue, USD Billion; 2018-2026)
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