Report: Auto Electronics Market Growing
According to a recent report by Reed Electronics Research, “The market for navigation will continue to converge with audio and
entertainment and combined will be one of the fastest growing segments
of the automotive electronics market.”
Those creating and maintaining street, point-of-interest, and other location-based information of potential use in vehicles, as well as service providers, see the potential. However, those providing data, tools, and services to businesses should consider the adaptability of their solutions to this market. Businesses will increasingly use in-vehicle systems to improve worker productivity, reduce commuting time, and provide improve customer service. The increasing convergence mentioned in the report will drive broader use of mobile systems as well as new applications.
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