North America Next-generation Infotainment System For Smart Vehicle Market was valued at USD 2.1 Billion in 2022 and is projected to reach USD 3.7 Billion by 2030, growing at a CAGR of 7.9% from 2024 to 2030.
The automotive industry in North America is undergoing a significant transformation with the integration of next-generation infotainment systems in smart vehicles. These advanced systems are designed to enhance the driving experience by offering seamless connectivity, intuitive interfaces, and a wide array of entertainment and information services. The demand for such systems is driven by consumers' increasing expectations for in-car technology and the automotive industry's push towards innovation.
Market analysts project substantial growth in the North American automotive infotainment system market. In 2023, the market was valued at $2.1 billion and is expected to reach $8.99 billion by 2031, growing at a compound annual growth rate (CAGR) of 6.80% during the forecast period from 2024 to 2031. This growth is attributed to the rising demand for connected car technologies and advanced infotainment systems. The market is dominated by key players such as Alpine Electronics, Bosch, Continental AG, Denso Corporation, Ford Motor Company, General Motors, Harman International, Panasonic Corporation, Qualcomm Technologies, Inc., and Visteon Corporation. citeturn0search0
In-vehicle infotainment (IVI) systems are at the forefront of this transformation, offering features like smart navigation, voice recognition, and seamless smartphone integration. The North America in-vehicle infotainment market was valued at $20.96 billion in 2022 and is anticipated to expand at a CAGR of 10.3% between 2017 and 2031, reaching $50.64 billion by 2031. North America holds a significant share of this market, driven by technological advancements and consumer demand for enhanced in-car experiences. citeturn0search3
Automotive manufacturers are increasingly adopting advanced technologies such as artificial intelligence (AI), augmented reality (AR), and the Internet of Things (IoT) to develop next-generation infotainment systems. For instance, General Motors has developed its own software platform, Ultifi, built on Android but customized by GM, aiming to offer a more integrated and innovative user experience. citeturn0news9
Industry requirements for these systems include high-performance computing capabilities, robust connectivity solutions, and user-friendly interfaces. The integration of AI and machine learning is also becoming essential to provide personalized and adaptive experiences for drivers and passengers. Additionally, there is a growing emphasis on safety features, such as driver monitoring and distraction reduction, to ensure that advanced infotainment systems do not compromise vehicle safety.
In summary, the North American next-generation infotainment system market is experiencing rapid growth, driven by technological advancements and evolving consumer expectations. Automotive manufacturers are investing heavily in research and development to meet industry requirements and deliver innovative, safe, and user-friendly infotainment solutions for smart vehicles.
North America Next-generation Infotainment System For Smart Vehicle Market
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Denso
Continental AG
Harman International
Visteon
Panasonic
Robert Bosch GmbH
TomTom International
Pioneer Corporation
JVC Kenwood
Sasken Technologies
Embitel
Avnet
Einfochips
HERE Technologies
Cinemo
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the North America Next-generation Infotainment System For Smart Vehicle Market
Passenger Vehicle
Commercial Vehicle
Based on Types the Market is categorized into Below types that held the largest Next-generation Infotainment System For Smart Vehicle market share In 2023.
Android
Linux
QNX
Windows
iOS
North America (United States, North America and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the North America Next-generation Infotainment System For Smart Vehicle Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. North America Next-generation Infotainment System For Smart Vehicle Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. North America Next-generation Infotainment System For Smart Vehicle Market, By Type
6. North America Next-generation Infotainment System For Smart Vehicle Market, By Application
7. North America Next-generation Infotainment System For Smart Vehicle Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. North America Next-generation Infotainment System For Smart Vehicle Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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