Automotive Infotainment SoCs Market: Worldwide Industry Analysis and New Market Opportunities Explored By 2023 to 2033

The automotive infotainment SoCs market is securing a valuation of US$ 18.2 billion in 2023 and is projected to reach US$ 40.1 billion by 2033. The market is capturing a CAGR of 8.2% during the forecast period.

Manufacturers focus on innovating products with the latest advanced technologies to satisfy consumer’s requirements. These manufacturers are growing the automotive sector through their unique, improved, advanced feature products. These advanced automotive infotainment SoCs include driver assistance systems, video processing, voice recognition, and navigation.

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Manufacturers are Focused on Several Strategies, Including:

Integrated Advanced Features: Manufacturers are developing advanced features with better technologies, such as gesture control, driver assistance, and others. These features are easy to make changes while driving the vehicles.

Compatibility with Various Platforms: The manufacturers develop infotainment systems to connect with multiple platforms, including Apple CarPlay, Android Auto, and others.

Collaborating with Key Companies: The manufacturers enhance their reach to target relevant audiences to increase product sales. Therefore, these manufacturers approach key companies already established in the market to collaborate with them with their unique products.

Focus on Autonomous Vehicles: The growing popularity of self-driving and electric cars are highly preferred among users to enhance their experiences. These manufacturers’ design features include charging station locations, real-time traffic data, and advanced driver assistance systems.

Recent Developments in the Global Automotive Infotainment SoCs Market are:

In 2021, Qualcomm launched its new product Snapdragon Automotive Cockpit Platforms. It was designed with artificial intelligence infotainment systems with 5G connectivity and high-resolution displays.

In 2020, NXP Semiconductors announced its newly launched 8QuadPlus SoCs and I.MX 8QuadMax. They deliver high performance with multiple high-resolution displays.

In 2018, Renesas Electronics launched R-Car Series SoCs. It is designed for next-gen infotainment systems with network connectivity and advanced graphics.