The Electric Vehicle (EV) infotainment market valuation is projected to reach at USD 225 billion by 2025, according to a report by Grand View Research, Inc. Electric vehicles are in high demand since the debut of the Tesla Roadster in 2008. Infotainment systems or In-Car Entertainment (ICE) systems have become common due to emergence of ride-sharing companies. Need for entertainment and availability of latest shows on Over-The-Top (OTT) applications can lead to its implementation in all the latest models of EVs.
The transition towards connected technologies by automotive manufacturers along with the improvements in the existing technologies such as Wi-Fi and Bluetooth is another factor influencing the minds of automakers. Presence of only two major operating systems such as Android Auto and Apple CarPlay will culminate in collaborations between automakers and software developers to gain a competitive edge over each other. In 2017, Audi presented a futuristic infotainment system developed on Android. The Multimedia Interface (MMI) display in conjunction with Google Maps can offer its drivers a seamless and non-distracting driving experience.
For More Insight Click Here ; https://www.grandviewresearch.com/industry-analysis/electric-vehicle-ev-infotainment-market
Human-Machine Interface (HMI) technologies such as heads-up displays, gesture recognition, voice recognition, and large touchscreen interfaces are some of the offerings given by premium automakers. Solutions such as virtual assistants and Augmented Reality (AR) to provide an enhanced experience can entice consumers. In 2017, Cinemo GmbH, a German manufacturer, decided to collaborate with HUMAX Automotive, a South Korean ICE provider, to provide enhanced audio and video performance in EV ICEs. The multimedia platform of Cinemo can play corrupt discs or legacy audio formats.
The electric vehicle (EV) infotainment market demand is expected to grow at a CAGR of 69% over the forecast period (from 2018 to 2025) on account of rising sales of electric vehicles. Moreover, the emergence of connected cars and demand for high-end in-car entertainment systems is predicted to propel market revenue in the next few years. Availability of wireless systems and rising investments in Intelligent Transportation Systems (ITS) are also anticipated to generate good returns by 2025. Some of the key market players include Continental AG; Harman International Industries Inc.; Panasonic Corporation; and Aisin Seiki Co., Ltd.
The transition towards connected technologies by automotive manufacturers along with the improvements in the existing technologies such as Wi-Fi and Bluetooth is another factor influencing the minds of automakers. Presence of only two major operating systems such as Android Auto and Apple CarPlay will culminate in collaborations between automakers and software developers to gain a competitive edge over each other. In 2017, Audi presented a futuristic infotainment system developed on Android. The Multimedia Interface (MMI) display in conjunction with Google Maps can offer its drivers a seamless and non-distracting driving experience.
For More Insight Click Here ; https://www.grandviewresearch.com/industry-analysis/electric-vehicle-ev-infotainment-market
Human-Machine Interface (HMI) technologies such as heads-up displays, gesture recognition, voice recognition, and large touchscreen interfaces are some of the offerings given by premium automakers. Solutions such as virtual assistants and Augmented Reality (AR) to provide an enhanced experience can entice consumers. In 2017, Cinemo GmbH, a German manufacturer, decided to collaborate with HUMAX Automotive, a South Korean ICE provider, to provide enhanced audio and video performance in EV ICEs. The multimedia platform of Cinemo can play corrupt discs or legacy audio formats.
The electric vehicle (EV) infotainment market demand is expected to grow at a CAGR of 69% over the forecast period (from 2018 to 2025) on account of rising sales of electric vehicles. Moreover, the emergence of connected cars and demand for high-end in-car entertainment systems is predicted to propel market revenue in the next few years. Availability of wireless systems and rising investments in Intelligent Transportation Systems (ITS) are also anticipated to generate good returns by 2025. Some of the key market players include Continental AG; Harman International Industries Inc.; Panasonic Corporation; and Aisin Seiki Co., Ltd.
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