Global In-Vehicle Computer System Market to Reach $2 Billion by 2030
The global market for In-Vehicle Computer System estimated at US$954.8 Million in the year 2023, is expected to reach US$2 Billion by 2030, growing at a CAGR of 10.9% over the analysis period 2023-2030. Safety Computers Application, one of the segments analyzed in the report, is expected to record a 11.8% CAGR and reach US$822 Million by the end of the analysis period. Growth in the Performance Computers Application segment is estimated at 10.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $289.8 Million, While China is Forecast to Grow at 10.2% CAGR
The In-Vehicle Computer System market in the U.S. is estimated at US$289.8 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$336.5 Million by the year 2030 trailing a CAGR of 10.2% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.4% and 9.1% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 7.9% CAGR.
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