In-Vehicle Computer System Market Overview:
The In-Vehicle Computer System Market Size was estimated at 19.8 (USD Billion) in 2022. The In-Vehicle Computer System Market Industry is expected to grow from 22.17(USD Billion) in 2023 to 61.4 (USD Billion) by 2032. The In-Vehicle Computer System Market CAGR (growth rate) is expected to be around 11.98% during the forecast period (2024 - 2032).
Key In-Vehicle Computer System Market Trends Highlighted
Automakers are increasingly adopting the IVCS because it allows for advanced driver-assistance systems (ADAS), infotainment systems, and connectivity features. Also, the flood on IVCS is due to the rising focus on vehicle safety, electrification and autonomous driving.
Still, another reason the IVCS market never runs out of reasons for growth is the infusion of new strategies that include the use in IVCS of artificial intelligence, machine learning and computer vision technologies that drastically improve both the performance of vehicles and users’ experiences with them. There are other opportunities for IIIVC, which is III IVCS focused on designing it only for commercial vehicles, electric vehicles and mobility on demand.
In recent changes, there is also the ability to send over-the-air OTA updates to the IVCS, enabling remote updates of the software and enhancing reliability. The trend is towards the use of IVCS, together with cloud computing and 5G technologies that allow real-time processing of data and communication between vehicles and infrastructure.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
In-Vehicle Computer System Market Drivers
Rising Demand for Advanced Driver Assistance Systems (ADAS)
The advancing technologies in automobiles are the key factor fueling the growth of the In-Vehicle Computer System Market Industry. Most of these systems include lane assistance, adaptive cruise control, and automatic emergency braking systems that are intra-car computations based on data received from sensors or cameras. These calculations, however, become more complicated and call for real-time computation, which explains why more advanced vehicular computers are equipped in vehicles.
Growing Popularity of Connected Cars
Yet another significant growth driver of our market is the augmented adoption of connected cars. Such vehicles, being connected, can access the Internet, interact with infrastructure and other cars and share data with them. In-vehicle computer systems are vital for ensuring such features as connectivity, infotainment systems, navigation, and remote diagnostics. When the number of such vehicles increases, the demand for in-vehicle computer systems in them will also grow.
Government Regulations
Moreover, the growth of the In-Vehicle Computer System Market Industry is being driven by government regulations that mandate the adoption of safety features in In-Vehicles. For example, the European Union has mandated that all new cars should be fitted with an eCall system, which uses in-vehicle computers to automatically call for help in case of an accident. Similar regulations are being implemented in other parts of the world, and this is expected to drive the demand for in-vehicle computers.
In-Vehicle Computer System Market Segment Insights:
In-Vehicle Computer System Market Product Type Insights
The In-Vehicle Computer System Market is segmented by Product Type into Display Audio Systems, Telematics Systems, Cluster Displays, Head-Up Displays, and Others. The Display Audio System is expected to hold the largest market share in 2023 in terms of the revenue generated, accounting for over 35% of the Global In-Vehicle Computer System Market. The growth of this segment is driven by the increasing adoption of advanced infotainment systems in vehicles.
These systems are increasingly equipped with features such as touchscreen displays, navigation, and multimedia playback, which are driving the growth of the Display Audio System segment.The Telematics System segment is expected to grow at a significant CAGR during the forecast period. This growth can be attributed to the increasing demand for connected vehicles and the growing adoption of telematics services such as remote diagnostics, vehicle tracking, and usage-based insurance. The Cluster Display segment is expected to grow at a steady pace with the increasing adoption of digital instrument clusters that provide a more comprehensive and customizable driving experience to the drivers. The Head-Up Display segment is expected to grow in the coming years as it provides drivers with a safer and more convenient way to access important information without taking their eyes off the roads.
The Others segment includes other product types such as night vision systems, rear-seat entertainment systems, and advanced driver assistance systems (ADAS). These products are expected to drive the growth of the Global In-Vehicle Computer System Market. The In-Vehicle Computer System Market is expected to grow at a significant pace in the coming years due to the rising adoption of advanced technologies and the increasing demand for connected and autonomous vehicles. The market is expected to be highly competitive, with major vendors such as Continental AG, Robert Bosch GmbH, and Denso Corporation spending significant amounts on advertising and research and development.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
In-Vehicle Computer System Market Application Insights
The In-Vehicle Computer System Market segmentation by Application can be divided into Passenger Cars, Commercial Vehicles, Electric Vehicles, Shared Mobility Vehicles, and Others. Passenger Cars held the largest market share in 2023, accounting for nearly 60% of the global revenue. Due to the increasing adoption of advanced driver assistance systems (ADAS) and autonomous driving technologies, the demand for in-vehicle computer systems in passenger cars is expected to continue growing rapidly in the coming years. Commercial Vehicles are another significant segment, with a market share of around 25% in 2023.
The growing need for fleet management, safety, and compliance solutions is driving the demand for in-vehicle computer systems in commercial vehicles. Electric Vehicles are a rapidly growing segment, with a market share of around 10% in 2023. The increasing adoption of electric vehicles is expected to drive the demand for in-vehicle computer systems that support advanced battery management, powertrain control, and charging infrastructure. Shared Mobility Vehicles are a relatively new segment, with a market share of around 5% in 2023.
The growing popularity of ride-sharing and car-sharing services is expected to drive the demand for in-vehicle computer systems that support connectivity, navigation, and payment processing.Others, which include off-road vehicles, construction equipment, and agricultural vehicles, held a market share of around 5% in 2023.
In-Vehicle Computer System Market Processing Capability Insights
The In-Vehicle Computer System Market segmentation by Processing Capability is divided into Basic Computing, Advanced Computing, and High-Performance Computing. Basic Computing segment held the largest market share in 2023, and it is expected to continue to dominate the market throughout the forecast period. This is due to the increasing demand for low-cost and power-efficient In-Vehicle Computer System (IVCS) solutions for basic applications such as navigation, infotainment, and telematics. The Advanced Computing segment is expected to witness significant growth during the forecast period.
This growth is attributed to the increasing adoption of advanced driver assistance systems (ADAS) semi-autonomous and autonomous driving technologies, which require more powerful and capable IVCSs. The High-Performance Computing segment is expected to grow at the highest CAGR during the forecast period. This growth is driven by the increasing demand for high-performance IVCSs for complex applications such as autonomous driving, vehicle-to-everything (V2X) communication, and artificial intelligence (AI)-based applications.
In-Vehicle Computer System Market Operating System Insights
The Operating System segment of the In-Vehicle Computer System Market is expected to witness significant growth in the coming years, driven by the increasing adoption of advanced infotainment systems and autonomous driving technologies. Android Automotive OS, developed by Google, is a popular choice for automakers due to its open-source nature and wide range of features. QNX, a real-time operating system from BlackBerry, is another major player in the segment, known for its reliability and security. Linux-based systems, such as Automotive Grade Linux (AGL), are gaining traction due to their flexibility and open-source nature, while custom OSs are being developed by some automakers to meet specific requirements.The In-Vehicle Computer System Market revenue for the Operating System segment is expected to reach $16.5 billion by 2024, growing at a CAGR of 12.3% from 2024 to 2032.
In-Vehicle Computer System Market Regional Insights
The In-Vehicle Computer System Market is segmented into North America, Europe, APAC, South America, and MEA. Among these regions, APAC is expected to hold the largest market share in 2023 and is projected to continue its dominance throughout the forecast period.
The growth in the APAC region can be attributed to the increasing adoption of advanced technologies in the automotive industry, government initiatives promoting electric vehicle adoption, and rising disposable income levels. North America and Europe are expected to witness significant growth due to the presence of major automotive manufacturers and the growing demand for advanced in-vehicle computer systems.South America and MEA are anticipated to experience steady growth due to the increasing demand for cost-effective and reliable in-vehicle computer systems.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
In-Vehicle Computer System Market Key Players And Competitive Insights:
Major players in the In-Vehicle Computer System Market industry are constantly focusing on developing and launching new products to meet the growing demand for advanced in-vehicle computing solutions. Leading In-Vehicle Computer System Market players are also investing heavily in research and development to improve the performance and functionality of their products. The In-Vehicle Computer System Market is expected to witness significant growth over the next few years, driven by the increasing adoption of connected and autonomous vehicles. The competitive landscape of the In-Vehicle Computer System Market is expected to remain fragmented, with a number of major players competing for market share.
A leading company in the In-Vehicle Computer System Market market is Continental. The company offers a wide range of in-vehicle computer systems, including infotainment systems, instrument clusters, and telematics systems. Continental's in-vehicle computer systems are known for their high quality and reliability, and the company has a strong track record of innovation in the automotive industry. Continental is investing heavily in the development of new in-vehicle computer systems, and the company is expected to continue to be a major player in the market in the years to come.
A competitor company in the In-Vehicle Computer System Market market is Harman International. Harman International is a leading provider of audio and infotainment systems for the automotive industry. The company offers a wide range of in-vehicle computer systems, including infotainment systems, instrument clusters, and telematics systems. Harman International's in-vehicle computer systems are known for their high quality and performance, and the company has a strong track record of innovation in the automotive industry. Harman International is investing heavily in the development of new in-vehicle computer systems, and the company is expected to continue to be a major player in the market in the years to come.
Key Companies in the In-Vehicle Computer System Market Include:
- Qualcomm Technologies, Inc.
- JVC Kenwood Corporation
- Harman International Industries
- Continental AG
- STMicroelectronics N.V.
- Alpine Electronics, Inc.
- NVIDIA Corporation
- NXP Semiconductors N.V.
- Robert Bosch GmbH
- Clarion Co., Ltd.
- Pioneer Corporation
- Infineon Technologies AG
- Visteon
- Denso Corporation
- Texas Instruments Incorporated
In-Vehicle Computer System Market Industry Developments
The global IVCS market is projected to experience significant growth in the coming years, driven by the increasing demand for advanced driver assistance systems (ADAS), autonomous vehicles, and connected cars. Major players in the market include Continental, Bosch, DENSO, and Harman International.
Key Trends: Rising Adoption of ADAS and Autonomous Vehicles: ADAS and autonomous vehicles require powerful IVCS to process large amounts of data and make critical decisions. This is driving the demand for high-performance IVCS with advanced computing capabilities.
Increased Focus on Safety and Security: Governments and consumers are prioritizing safety and security in vehicles, leading to increased adoption of IVCS with features such as collision avoidance, lane departure warning, and driver monitoring. Growing Popularity of Connected Cars: Connected cars allow vehicles to communicate with each other and with infrastructure, creating new opportunities for IVCS to enhance vehicle connectivity and efficiency.
Recent News: In 2023, Continental announced the launch of its new IVCS, the Advanced Driver Assistance System (ADAS) Platform, which offers advanced computing power and connectivity for ADAS applications.
In 2023, Bosch unveiled its next-generation IVCS, the ETAS INVECTO, designed for autonomous driving and featuring high-performance computing, AI capabilities, and over-the-air updates.
In-Vehicle Computer System Market Segmentation Insights
-
In-Vehicle Computer System Market Product Type Outlook
- Display Audio System
- Telematics System
- Cluster Display
- Head-Up Display
- Others
-
In-Vehicle Computer System Market Application Outlook
-
In-Vehicle Computer System Market Processing Capability Outlook
- Basic Computing
- Advanced Computing
- High-Performance Computing
-
In-Vehicle Computer System Market Operating System Outlook
- Android Automotive OS
- QNX
- Linux-based Systems
- Custom OS
-
In-Vehicle Computer System Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
19.8(USD Billion) |
| Market Size 2023 |
22.17(USD Billion) |
| Market Size 2032 |
61.4(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
11.98% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Qualcomm Technologies, Inc., JVC Kenwood Corporation, Harman International Industries, Continental AG, STMicroelectronics N.V., Alpine Electronics, Inc., NVIDIA Corporation, NXP Semiconductors N.V., Robert Bosch GmbH, Clarion Co., Ltd., Pioneer Corporation, Infineon Technologies AG, Visteon, Denso Corporation, Texas Instruments Incorporated |
| Segments Covered |
Product Type, Application, Processing Capability, Operating System, Regional |
| Key Market Opportunities |
Autonomous vehicle deployment Advanced driver-assistance systems ADAS Telematics and connectivity Shared mobility and Electric vehicle adoption |
| Key Market Dynamics |
Rising demand for autonomous driving Increasing adoption of infotainment systems Government regulations for safety features Technological advancements in connectivity Surging popularity of electric vehicles. |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The In-Vehicle Computer System Market size is projected to reach USD 61.4 billion by 2032, exhibiting a CAGR of 11.98% during the forecast period (2024-2032).
The Asia-Pacific region is anticipated to dominate the In-Vehicle Computer System Market throughout the forecast period due to the increasing production and sales of automobiles in countries like China, India, and Japan.
The rising demand for advanced driver assistance systems (ADAS), the growing popularity of connected and autonomous vehicles, and the increasing adoption of infotainment systems are the key drivers of the market growth.
Some of the prominent players in the market include Continental AG, Robert Bosch GmbH, Denso Corporation, Harman International Industries, Inc., and Visteon Corporation.
In-Vehicle Computer Systems find applications in various areas, including navigation, infotainment, telematics, and driver assistance.
The In-Vehicle Computer System Market is estimated to grow at a CAGR of 11.98% from 2024 to 2032.
The challenges faced by the market include the high cost of development, the need for stringent safety regulations, and the increasing competition from alternative technologies.
Technological advancements such as the development of 5G networks and artificial intelligence are expected to drive innovation and growth in the market.
The increasing adoption of electric vehicles and the growing demand for personalized user experiences are among the emerging trends in the market.
The outlook for the market is positive, with the growing adoption of advanced technologies and the increasing demand for connected and autonomous vehicles.
