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
Browse 86 tables and in-depth TOC on “In-Car Infotainment (ICI) System Market – Global
Forecast & Analysis by OEM & Aftermarket (2011 – 2016)”.
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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 [
]. 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.
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