Next-Generation In-Vehicle Infotainment Market by Component, Form Factor, Sales Channel, Vehicle Type

Description

List of Tables

The Next-Generation In-Vehicle Infotainment Market was valued at USD 6.42 billion in 2023, expected to reach USD 7.75 billion in 2024, and is projected to grow at a CAGR of 20.39%, to USD 23.54 billion by 2030.

The scope and definition of next-generation in-vehicle infotainment (IVI) systems encompass advanced interactivity and connectivity features designed to enhance user experience, facilitate communication, and integrate with a vehicle's operations. These systems are essential in modern vehicles due to growing consumer demand for seamless connectivity, entertainment, and access to real-time information like navigation and safety alerts. Applications span across passenger and commercial vehicles, providing functionalities like voice recognition, app integration, advanced navigation, and wireless connectivity. They find their end-use in enhancing driver and passenger convenience, ensuring safety through hands-free communication, and offering entertainment options that align with the digital lifestyle of users. Market growth is underpinned by technological advancements in AI, IoT, and 5G connectivity, alongside increasing consumer expectations for more sophisticated and personalized in-car experiences. Opportunities abound in the integration of augmented reality for enhanced navigation systems, the development of context-aware IVI solutions that adapt to user behavior, and partnerships with tech firms for seamless AV compatibility. However, the market faces challenges like cybersecurity threats, issues with software reliability, and a lack of standardization across systems. There's also a need to address the high cost of next-gen IVI solutions which might limit adoption in entry-level vehicles. Areas for innovation include developing robust cybersecurity measures to protect user data, improving user interfaces for better accessibility, and advancing voice-command technologies for safer driving experiences. In terms of research, exploring the potential of machine learning for predictive infotainment features can provide personalized user experiences. The nature of the market is dynamic, driven by continuous tech advancements and shifting consumer expectations, requiring players to stay agile and innovative. Companies can maintain competitive advantage by focusing on collaborative ecosystems that fuse automotive and tech industry expertise to deliver cutting-edge and user-centric infotainment solutions.

KEY MARKET STATISTICS
Base Year [2023]	USD 6.42 billion
Estimated Year [2024]	USD 7.75 billion
Forecast Year [2030]	USD 23.54 billion
CAGR (%)	20.39%

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Next-Generation In-Vehicle Infotainment Market

The Next-Generation In-Vehicle Infotainment Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

Market Drivers
- Rising consumer interest in smart, connected, and eco-friendly vehicles
- Increasing awareness regarding the infotainment systems and connected cars
- Government initiatives and support for manufacturing automobile components and vehicles
Market Restraints
- High cost of annual subscription in in-vehicle infotainment system
Market Opportunities
- Integration of 5G and AI technology to improve entertainment options
- Introduction IoT-enabled technologies with multiple sensing functions
Market Challenges
- Rising security threats and vulnerabilities associated with In-Vehicle Infotainment

Porter's Five Forces: A Strategic Tool for Navigating the Next-Generation In-Vehicle Infotainment Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Next-Generation In-Vehicle Infotainment Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Next-Generation In-Vehicle Infotainment Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Next-Generation In-Vehicle Infotainment Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Next-Generation In-Vehicle Infotainment Market

A detailed market share analysis in the Next-Generation In-Vehicle Infotainment Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Next-Generation In-Vehicle Infotainment Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Next-Generation In-Vehicle Infotainment Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Next-Generation In-Vehicle Infotainment Market

A strategic analysis of the Next-Generation In-Vehicle Infotainment Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Next-Generation In-Vehicle Infotainment Market, highlighting leading vendors and their innovative profiles. These include Agilent Technologies, Inc., Alps Electric Co., Ltd., Amphenol Corporation, Arrow Electronics, Avnet, Inc., Broadcom Inc., Cinemo GmbH, Continental AG, DENSO Corporation, Embitel Technologies, Harman International Industries, Here Technologies, JVCKenwood Corporation, Lattice Semiconductor Corporation, Mitsubishi Electric Corporation, NXP Semiconductors N.V., Panasonic Holdings Corporation, Pioneer Corporation, Robert Bosch GmbH, Sasken Technologies Limited, TE Connectivity, TomTom N.V., and Visteon Corporation.

Market Segmentation & Coverage

This research report categorizes the Next-Generation In-Vehicle Infotainment Market to forecast the revenues and analyze trends in each of the following sub-markets:

Based on Component, market is studied across Hardware and Software. The Hardware is further studied across Control Panel, Display Unit/ Infotainment Unit, Head-Up Display, and Telematics Control Unit.
Based on Form Factor, market is studied across Embedded, Integrated, and Tethered.
Based on Sales Channel, market is studied across Aftermarket and OEM.
Based on Vehicle Type, market is studied across Commercial Vehicle and Passenger Car.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Product Code: MRR-2E76C3E47F6B

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rising consumer interest in smart, connected, and eco-friendly vehicles
  - 5.1.1.2. Increasing awareness regarding the infotainment systems and connected cars
  - 5.1.1.3. Government initiatives and support for manufacturing automobile components and vehicles
- 5.1.2. Restraints
  - 5.1.2.1. High cost of annual subscription in in-vehicle infotainment system
- 5.1.3. Opportunities
  - 5.1.3.1. Integration of 5G and AI technology to improve entertainment options
  - 5.1.3.2. Introduction IoT-enabled technologies with multiple sensing functions
- 5.1.4. Challenges
  - 5.1.4.1. Rising security threats and vulnerabilities associated with In-Vehicle Infotainment
5.2. Market Segmentation Analysis
5.3. Porter's Five Forces Analysis
- 5.3.1. Threat of New Entrants
- 5.3.2. Threat of Substitutes
- 5.3.3. Bargaining Power of Customers
- 5.3.4. Bargaining Power of Suppliers
- 5.3.5. Industry Rivalry
5.4. PESTLE Analysis
- 5.4.1. Political
- 5.4.2. Economic
- 5.4.3. Social
- 5.4.4. Technological
- 5.4.5. Legal
- 5.4.6. Environmental

6. Next-Generation In-Vehicle Infotainment Market, by Component

6.1. Introduction
6.2. Hardware
- 6.2.1. Control Panel
- 6.2.2. Display Unit/ Infotainment Unit
- 6.2.3. Head-Up Display
- 6.2.4. Telematics Control Unit
6.3. Software

7. Next-Generation In-Vehicle Infotainment Market, by Form Factor

7.1. Introduction
7.2. Embedded
7.3. Integrated
7.4. Tethered

8. Next-Generation In-Vehicle Infotainment Market, by Sales Channel

8.1. Introduction
8.2. Aftermarket
8.3. OEM

9. Next-Generation In-Vehicle Infotainment Market, by Vehicle Type

9.1. Introduction
9.2. Commercial Vehicle
9.3. Passenger Car

10. Americas Next-Generation In-Vehicle Infotainment Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Next-Generation In-Vehicle Infotainment Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Next-Generation In-Vehicle Infotainment Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
13.4. Strategy Analysis & Recommendation

Companies Mentioned

1. Agilent Technologies, Inc.
2. Alps Electric Co., Ltd.
3. Amphenol Corporation
4. Arrow Electronics
5. Avnet, Inc.
6. Broadcom Inc.
7. Cinemo GmbH
8. Continental AG
9. DENSO Corporation
10. Embitel Technologies
11. Harman International Industries
12. Here Technologies
13. JVCKenwood Corporation
14. Lattice Semiconductor Corporation
15. Mitsubishi Electric Corporation
16. NXP Semiconductors N.V.
17. Panasonic Holdings Corporation
18. Pioneer Corporation
19. Robert Bosch GmbH
20. Sasken Technologies Limited
21. TE Connectivity
22. TomTom N.V.
23. Visteon Corporation