Middle East & Africa Automotive Infotainment Market Size & Outlook
Middle East & Africa automotive infotainment market, 2018-2030 (US$M)
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MEA automotive infotainment market highlights
- The MEA automotive infotainment market generated a revenue of USD 1,278.5 million in 2023.
- The market is expected to grow at a CAGR of 7.3% from 2024 to 2030.
- In terms of segment, navigation unit was the largest revenue generating product in 2023.
- Heads-Up display is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 1,278.5 million |
| Market revenue in 2030 | USD 2,087.2 million |
| Growth rate | 7.3% (CAGR from 2023 to 2030) |
| Largest segment | Navigation unit |
| Fastest growing segment | Heads-Up display |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Audio unit, Display unit, Heads-Up display, Navigation unit, Communication unit |
| Key market players worldwide | Alps Alpine Co Ltd, Hitachi Ltd, Continental AG, Denso Corp, Harman International, Panasonic Holdings Corp, Pioneer Corporate High Yield Fund Y, Visteon Corp, Delphi Technologies, JVCKenwood Corp |
Other key industry trends
- In terms of revenue, MEA region accounted for 8.5% of the global automotive infotainment market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 13,051.2 million by 2030.
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Automotive Infotainment Market Scope
Automotive Infotainment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa automotive infotainment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive infotainment market will help companies and investors design strategic landscapes.
Navigation unit was the largest segment with a revenue share of 39.01% in 2023. Horizon Databook has segmented the Middle East & Africa automotive infotainment market based on audio unit, display unit, heads-up display, navigation unit, communication unit covering the revenue growth of each sub-segment from 2018 to 2030.
The primary factors propelling the Saudi Arabia automotive infotainment market are rising sales of high-end and luxury vehicles and increased demand for entirely and partially autonomous vehicles. Furthermore, consumer demand for better automobiles and developments in smart display technology will contribute to market growth.
In March 2023, STC Group, a telecom company, announced a partnership with Lucid, an electric vehicle manufacturer company. The companies aimed to offer exceptional connectivity that allows over-the-air features and in-car infotainment to improve the driving experience for Lucid clients through the partnership.
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Target buyers of Middle East & Africa automotive infotainment market databook
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Our clientele includes a mix of automotive infotainment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa automotive infotainment market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa automotive infotainment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa automotive infotainment market
Middle East & Africa Automotive Infotainment Market Outlook Share, 2023 & 2030 (US$M)
Middle East & Africa automotive infotainment market
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