In-Car Entertainment and Information System Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2021
Albany, NY -- (SBWIRE) -- 09/10/2015 -- According to a new market report published by Transparency Market Research "In-Car Entertainment and Information System Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021," Global In-Car Entertainment and Information System Market was valued at USD 11.42 billion in 2014, growing at a CAGR of 14.2% from 2015 to 2021 to account for USD 28.46 billion in 2021.
Browse the full In-Car Entertainment and Information System Market Report at http://www.transparencymarketresearch.com/in-car-entertainment-information-system.html
Technology and innovation have been the major driving factors for the in-car entertainment and information system market. Technological applications in infotainment solutions in vehicles have gone through a complete transition over the years. The automobile users of today look out for a number of options in vehicles in addition to just driving. Entertainment features such as audio-video players and speaker options are hugely being demanded by the consumers.
Moreover, WiFi, navigation and internet technology in vehicles have been of great significance to the users. The technological advancements and innovation in the infotainment market is set to surge in the coming years, thereby driving the demand for entertainment and information systems in automobiles. In the dynamic business environment where numerous technological advancements are taking place each day, it is necessary for the automotive entertainment and information system manufacturing companies to align its strategies in line with the technological shifts.
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The automobile users at present, demand advanced and latest entertainment and information solutions in vehicles. Advanced driver assistance systems (ADAS), navigation solutions, internet, WiFi, audio and video systems are the major technologies that are demanded by the consumers in automobiles. There has been significant growth and development in Asia Pacific, MEA and Latin America. The automobile sector is one of the largest growing sectors in the above mentioned regions. Countries such as India, China, South Africa, Saudi Arabia, Brazil and Russia among others have shown considerable growth in the automotive market. This has provided huge scope and opportunity for in-car entertainment and information system manufacturers to penetrate into the emerging markets such as Asia Pacific, MEA and Latin America.
The in-car entertainment and information system market, by connectivity, is divided into: 4G, 3G, 2G, bluetooth, WiFi and near field communications. By revenue, bluetooth was the largest contributor in global in-car entertainment and information system market in 2014, accounting for a market share of around 30%.
The in-car entertainment and information system market, by application, is divided into three segments: navigation, telematics and entertainment. By revenue, entertainment was the largest contributor in in-car entertainment and information system market in 2014, accounting for a market share of around 40%.
Browse the full Press Release : http://www.transparencymarketresearch.com/pressrelease/in-car-entertainment-information-system.htm
Some of the leading players mentioned in the report are Harman International, Denso Corporation, JVC Kenwood Corporation, Delphi Automotive PLC, Alpine Electronics Inc., Pioneer Corporation, TomTom International B.V. and Blaupunkt GmbH. The report provides company market share analysis of the various industry participants. Key players have also been profiled on the basis of company overview, financial overview, business strategies and recent developments in the field of in-car entertainment and information system.
In-car entertainment and information system market: by connectivity
4G, 3G, 2G
Near field communications
In-car entertainment and information system market: by application
In-car entertainment and information system market: by product
Rear view camera
In-car entertainment and information system market: by geography
Rest of Europe
Oceania (Australia and New Zealand)
Rest of APEJ
Middle East and Africa (MEA)
Rest of MEA
The report provides a cross-sectional analysis of connectivity, application and product segments with respect to the above mentioned regions.
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