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Technavio’s market research analyst predicts the global commercial vehicle infotainment system market to grow steadily at a CAGR of around 13% by 2021. One of the primary drivers for this market is the rising popularity of smartphone integration with the in-vehicle infotainment system. The demand for in-vehicle connectivity and telematics has led to technological improvements, which aim at enhancing the overall in-vehicle experience for the driver. The evolution of the trend of connectivity in vehicles has resulted in consumers connecting their smartphones and tablets to the vehicle's infotainment systems to access enhanced entertainment and information. For instance, smartphone and tablet interfaces are available for MAN’s MMI Advanced in-dash infotainment system. This rising demand for better user experience has compelled OEMs to collaborate with smartphones and tablet manufacturers to develop better and more advanced infotainment system. Moreover, the ability of smartphones to provide users with a transparent and real-time feedback mechanism to check their driving behavior and vehicle health status is expected to propel the global commercial vehicle infotainment system market during the forecast period.
In terms of geography, the Americas accounted for the maximum market share during 2016 and will continue to dominate the market for the next few years. The high adoption of infotainment systems in this region has a direct correlation to the high adoption of commercial vehicles. The US and Canada were the major contributors to the commercial vehicle infotainment system market in the Americas. Also, the rapid growth of the LTE network is expected to increase the number of connected vehicles, which in turn is expected augment growth in the global commercial vehicle infotainment system market in the coming years.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by vehicle type
PART 07: Market segmentation by end-user
PART 08: Market segmentation by geography
PART 09: Decision framework
PART 10: Drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Key vendor analysis
PART 14: Appendix
Tags: car electronics, auto electronics, commercial truck, automotive suppliers, automotive industry reports,
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