Automotive Infotainment Systems Q1 2024 – OEM and Aftermarket Growth Drivers
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TechInsights’ Automotive Infotainment & Telematics Q1 2024 System Market Report provides a forecast outlook for the OEM and Aftermarket hardware and feature market from 2020 through 2030. 2022 represented a year of reasonable growth which saw the OEM market opportunity for Infotainment & Telematics system vendors rising by 5.8% YoY in revenue terms. A stronger bounce of 11.3% YoY was sustained in 2023 on the back of strong vehicle production growth of over 10% in 2023, however revenue growth in 2024 of just 2.4% YoY is forecast, as vehicle production growth slows to under 1% YoY globally.
