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In-Vehicle Apps Market Trends

Report ID: GMI7743
Published Date: Dec 2023
Report Format: PDF

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In-Vehicle Apps Market Trends

The in-vehicle apps industry is witnessing a trend towards greater personalization and integration of artificial intelligence (AI). Future apps are expected to leverage AI algorithms to learn user preferences and habits, delivering personalized content, recommendations, and a more tailored driving experience.

A similar move in this direction is the rollout of a pioneering car buying app featuring an artificial intelligence (AI) assistant by CoPilot in Novemer 2023. This groundbreaking application enables users to search for vehicles and receive AI-curated, ranked recommendations effortlessly, along with detailed analyses tailored to individual preferences and location. CoPilot's innovative AI-driven app streamlines the traditionally time-consuming process of car shopping, conducting extensive research and analysis within seconds, surpassing what a human could achieve in hours.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market valuation of the in-vehicle apps was worth USD 59.5 billion in 2023 and is estimated to register over 9% CAGR between 2024 & 2032, owing to the flourishing connected vehicle trends.

The passenger segment held a market share of around 75% in 2023 and will grow significantly through 2032, owing to the increasing demand for enhanced connectivity and seamless integration of digital experiences.

North America in-vehicle apps market dominated around 40% of the revenue share in 2023 and will grow through 2032, due to the region's technologically savvy consumer base, coupled with a strong automotive industry.

Apple Inc., Audi AG, Continental AG, Ford Motor Company, Garmin Ltd., General Motors, Google LLC, Harman International Industries, Inc, Microsoft Corporation, Nvidia Corporation, Renesas Electronics Corporation, Siemens AG, Tesla Inc., and Toyota Motor Corporation.