Wednesday, 14 February 2018

Automotive Connected Infotainment System Market Industry: Future Demand, Market Analysis & Outlook to 2022



Technavio recognizes the following companies as the key players in the global automotive connected infotainment system market: Alpine Electronics, Delphi, Garmin, HARMAN International, Pioneer, and TomTom International.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is analytics in connected infotainment systems. 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. 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.
According to the 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 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.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
About Automotive Connected Infotainment System
The automotive infotainment system is an electronic device used in automotive through smartphone integration, embedded system, or tethering. Connected infotainment systems are those systems in the automotive that have access to the Internet for entertainment and communication purpose. It has a head unit with an operating system, which acts as an interface for the applications.
Technavio’s analysts forecast the global automotive connected infotainment system market to grow at a CAGR of 11.82% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive connected infotainment system market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
·         Americas
·         APAC
·         EMEA
Technavio's report, Global Automotive Connected Infotainment System Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
·         Alpine Electronics
·         Delphi
·         Garmin
·         HARMAN International
·         Pioneer
·         TomTom International
·         Market driver
·         Increased support for application development in automotive infotainment
·         For a full, detailed list, view our report
Some points from TOC:-
Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
• Market ecosystem
• Market characteristics
• Market segmentation analysis
PART 05: MARKET SIZING
• Market definition
• Market sizing 2017
• Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition
………….
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