Automotive Infotainment & Telematics Semiconductors Q1 2024 Update
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TechInsights’ Automotive Infotainment & Telematics Q1 2024 Semiconductor Market Report provides a forecast outlook for OEM and aftermarket hardware and applications market from 2020 through 2030. The OEM market opportunity for Infotainment & Telematics chipset vendors increased by 13.8% year-over-year (YoY) in revenue terms in 2023 on the back of strong vehicle production growth of over 10% YoY. Growth in the OEM chipset opportunity in 2024 is expected to be just 6% as vehicle production growth falls to less than 1% YoY.