Automotive Infotainment Market To Hit Value .13 Billion By 2030 |Grand View Research, Inc.Posted by Mrudula Anil Karmarkar on August 28th, 2023 San Francisco, 28 August 2023: The ReportAutomotive Infotainment Market Size, Share & Trends Analysis Report By Product Type (Audio Unit, Display Units, Heads-Up Displays), By Fit Type, By Vehicle Type, By Region, And Segments Forecasts, 2023 - 2030 The global automotive infotainment market is expected to reach USD 15.13 billion by 2030, to expand at a CAGR of 9.7% from 2023 to 2030, according to a new report by Grand View Research, Inc. Increase in the demand for advanced safety features, self-driving vehicles, digital cockpits for driver assistance, and entertainment purposes is driving the growth of the automotive infotainment market. Further, changing consumer preference toward technologically advanced products and the capability of the automobile infotainment system to anticipate and fulfill customers’ desires are the key factors contributing to the growth of the overall automotive infotainment market. Collaboration & partnership between E-Commerce companies and automobile manufacturers are expected to create new growth opportunities for the automotive infotainment market. In January 2022, Amazon.com Inc. and Stellantis NV collaborated to develop the trucks and cars with the Amazon software dashboard and deploy them for delivery. These vehicles will have an infotainment system, and the real-time data collected will be processed on the cloud. One of the critical challenges the automotive infotainment market faces is the shutting down of 3G networking services by a significant cellular operator such as AT&T. The company shut down its 3G network in March 2021, and other networking firms are following the same path. Millions of cars connected with 3G networks will quit transmitting the signals, making the installed infotainment system incompatible. Prominent automobile manufacturers are working closely with software development companies to develop a technologically advanced solution that provides the cutting edge over competitors. In May 2022, General Motors collaborated with Red Hat Inc., an open-source enterprise software solutions provider, to advance software-defined vehicles. With Red Hat In-Vehicle Operating System, GM extends its Ultifi software platform on a functional-safety-certified Linux platform. Automobile manufacturers are focusing on incorporating IoT technologies to enable greater end-to-end connectivity of vehicles. With the collaboration of automotive manufacturers with software companies to build high bandwidth and low latency systems, these systems can work in high vibration and low-temperature environments when installed in light or heavy-duty vehicles. IoT increases the ease of accessibility of information for drivers and passengers to make their journey secure and convenient. Request sample report of Automotive Infotainment Market@https://www.grandviewresearch.com/industry-analysis/automotive-infotainment-systems-market/request/rs1 Automotive Infotainment Market Report Highlights
Chipset is pivotal to any vehicle, as it enables navigation, communication, and controlling functions in cars. The deficit of chipsets became a serious restrain owing to its application in automotive. However, to manage the production during occurred chipset shortage, the automobile manufacturers started producing substitute models with lesser features. For instance, In May 2022, BMW began shipping their vehicles to customers without CarPlay and Android Auto functionality in their infotainment systems and built-in Wi-Fi in several countries, including the U.S., UK, Spain, Italy, and France. The company's new chips are not certified for CarPlay or Android Auto, so the feature has been temporarily removed from its vehicles since 2022. BMW is shipping these vehicles without the missing functionality to customers to avoid further delays. Automotive Infotainment Market Report Scope
List Of Key Players In The Automotive Infotainment Market
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