MarketsandMarkets: Global In-Car Infotainment (ICI) Market Worth $14.4 Billion by 2016
DALLAS, March 13, 2012 /PRNewswire/ --
According to the market research report "In-Car Infotainment (ICI) System Market - Global Forecast & Analysis by OEM & Aftermarket (2011 - 2016)" published by MarketsandMarkets (http://www.marketsandmarkets.com), the total In-Car Infotainment (ICI) Market is expected to reach $14.4 billion by 2016 at a CAGR of 12.1% from 2011 to 2016.
Browse 86 tables and in-depth TOC on "In-Car Infotainment (ICI) System Market - Global Forecast & Analysis by OEM & Aftermarket (2011 - 2016)".
Early buyers will receive 10% customization of reports.
Individual products like radio, DVD players, display screens, navigation systems are being used by car users. However, In-Car Infotainment systems have offered a new option to the user of using all the products in the same system. This has offered customer a new and enriched experience, which has been accepted it worldwide. In-Car Infotainment systems are being positioned in the luxury cars rapidly. Auto-OEMs are using infotainment systems as a differentiation tool and planning to extend the trend in the mid-segment cars.
In-Car Infotainment systems offer both entertainment and information services. Such a system replaces multiple products and offers an enhanced user experience to the customer. Better user experience, better connectivity, more options of entertainment are the major features of the In-Car Infotainment market. The ICI system market includes products such as audio system including radio, DVD players with the video screen, rear seat entertainment, navigation devices like GPS, software platforms, and its accessories. These services are unavoidable entities, whose significance is increasing day by day. Radio services, internet services, and navigation services are the major services offered for In-car Infotainment systems. ICI systems can be connected to the external world to offer more options to the customer for entertainment as well as information based services.
Privacy-security and river distraction are hampering the growth of the In-Car (ICI) Infotainment System Market [ http://www.marketsandmarkets.com/Market-Reports/in-car-vehicle-infotainment-ici-systems-market-538.html ]. In the near future, location based products like finding next fuel station, restaurant, etc. are going to be introduced. Besides, all the products are likely to run on a single processor, which will increase the efficiency of the infotainment system. In-Car Infotainment systems are being sold through auto-OEMs and aftermarket. However, ICI products are likely to sell more through auto-OEM than aftermarket.
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical, pharmaceuticals, semiconductor and electronics [ http://www.marketsandmarkets.com/semiconductorand-electonics-market-research-87.html ], and telecommunications and IT.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. To know more about us and our reports, please visit our website http://www.marketsandmarkets.com.
7557 Rambler Road,
Suite 727, Dallas, TX 75231
MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/
SOURCE MarketsandMarketsBack to top