Technology Automotive Infotainment Market Share

Your CatalystTo a Lucrative Business Automotive Infotainment Market Size, Share, Trend, Analysis, Industry Outlook and Forecast to 2024 | Hexa Research " The global automotive infotainment market size was valued at USD 15.93 billion in the 2016 and is expected to register robust growth." The global Automotive Infotainment Market is expected to reach USD 40.17 billion by 2024 driven by the rising consumer demand for in-vehicle entertainment. Technological advancement coupled with the rising disposable income of the population contributing to the huge demand for passenger cars and other vehicles is expected to play a vital role in driving market growth. North America dominated the global market contributing to 35.2% of the revenues generated in 2016. Rapid adoption of these systems by consumers has resulted in the presence of a robust market in the region. Asia Pacific is expected to show significant growth at a CAGR of 14.7% over the forecast period owing to the rising consumer income, growing urban population and increasing sale of luxury cars. Ack nowledging above factors, car manufacturing companies are partnering with audio equipment manufacturing companies to enhance their cars with high-quality infotainment products. For example, Toyota has been using BlackBerry’s QNX in their cars for the last four years. Blackberry’s QNX has been the most widely used OS, on account of its ability to provide automate the car by providing hands-free calling, mapping, and internet service. However, Linux is expected to take over the leading position and grow at the fastest CAGR of 32.9% over the forecast period. Preference of open source as it allows car manufacturers to tweak the module to provide unique features limited only to a company is expected to augment growth. Browse Details of Report @ https://www.hexaresearch.com/research-report/automotive-infotainment- market Follow Us: