The In-Vehicle Infotainment Market Is Set To Reach 32.8 Billion By 2027, With Increasing Demand For Autonomous Vehicles - By The Business Research Company
LONDON , Sept. 29, 2023 /PRNewswire/ -- As per The Business Research Company's In-Vehicle Infotainment Global Market Report 2023, the global in-vehicle infotainment market is gearing up for substantial growth, with a projected increase from $19.88 billion in 2022 to a staggering $22.09 billion in 2023, representing an impressive Compound Annual Growth Rate (CAGR) of 11.1%. This upward trajectory is set to continue, with expectations of reaching $32.85 billion in 2027 at a CAGR of 10.4%. The in-vehicle infotainment market's robust expansion is propelled by the surging demand for autonomous and electric vehicles, marking a monumental shift in the automotive industry landscape.
- This upward trajectory is set to continue, with expectations of reaching $32.85 billion in 2027 at a CAGR of 10.4%.
- The in-vehicle infotainment market's robust expansion is propelled by the surging demand for autonomous and electric vehicles, marking a monumental shift in the automotive industry landscape.
- The increasing demand for autonomous and electric vehicles is a pivotal driver for the in-vehicle infotainment market .
- Asia Pacific stands as the largest region in the in-vehicle infotainment market , boasting a substantial worth of $7.2 billion in 2022.