In-vehicle infotainment market to be $ 30.47 billion by 2022

The global in-vehicle infotainment market, estimated to be $ 15.20 billion in 2016, is projected to reach $ 30.47 billion by 2022, at a CAGR of 11.79%, according to MarketsandMarkets study. The in-vehicle infotainment market is driven by increasing vehicle production, technological advancements, telematics regultelematics ations, and increased demand for luxury vehicles. Passenger cars are estimated to be the largest market for in-vehicle infotainment system during the forecast period of 2016-2022.