System Shipments, Revenues & Feature Forecast - Q2 2024
Share This Post
TechInsights’ Automotive Infotainment & Telematics Q2 2024 System Market Report provides a forecast outlook for the OEM and Aftermarket hardware and feature market from 2021 through 2031. 2022 represented a year of reasonable growth which saw the OEM market opportunity for Infotainment & Telematics system vendors rising by 5.4% YoY in revenue terms. A stronger bounce of over 9% YoY growth was sustained in 2023 on the back of strong vehicle production growth of over 10% in 2023, however revenue growth in 2024 of 4.4% YoY is forecast, as vehicle production growth slows to just 1% YoY globally in 2024.
