Next generation in-vehicle networking plays a vital role in establishing stable and faster communication between various electronic control units inside the modern vehicles. The adoption of IVN systems allows seamless data transmission between sensors, ECUs and different electronic modules located inside the vehicle. The technology enables integration of advanced features like collision detection, lane departure warning, autonomous driving and infotainment systems.

The global Next Generation In-vehicle Networking (IVN) Market is estimated to be valued at US$ 1553.42 Mn  in 2023 and is expected to exhibit a CAGR of 8.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
The increasing demand for connected and autonomous vehicles has accelerated the adoption of next generation in-vehicle networking systems globally. Advanced IVN technologies allow automotive manufacturers to efficiently incorporate V2X connectivity, advanced driver-assistance systems and autonomous driving functions in modern vehicles. The rising integration of autonomous driving capabilities and connected car technologies are creating numerous opportunities for OEMs to deploy modern in-vehicle networks with high-speed data transmission abilities. As autonomous vehicles would require seamless and fast communication between various sensors and controllers, the demand for next generation in-vehicle networking solutions is expected to rise substantially over the forecast period.

Segment Analysis
The global next generation in-vehicle networking (IVN) market is dominated by Ethernet segment which accounts for around 45% of the total market share. Ethernet provides high speed, scalable and flexible connectivity within the vehicle. It has emerged as the preferred networking protocol for advanced driver assistance systems, autonomous driving technologies and enhanced multimedia and telematics applications.

Key Takeaways
The Global Next Generation In-Vehicle Networking Market Size is expected to witness high growth over the forecast period of 2023 to 2030. The global Next Generation In-vehicle Networking (IVN) Market is estimated to be valued at US$ 1553.42 Mn  in 2023 and is expected to exhibit a CAGR of 8.4% over the forecast period 2023 to 2030.

Regional analysis: North America dominates the global IVN market with a share of over 35% primarily due to early adoption of advanced driver assistance systems and autonomous vehicles in countries like the US and Canada. Asia Pacific is expected to witness the highest CAGR during the forecast period with countries like China and Japan emerging as manufacturing and technological hubs for connected and autonomous vehicles.

Key players: Key players operating in the next generation in-vehicle networking (IVN) market are Acome, Aricent Inc, Agilent Technologies, AISIN AW Co Ltd, Analog Devices, Broadcom, Bosch, Daimler AG, Freescale, Harman, NXP, Renault SA, Renesas, Visteon, Wurth Elektronik, Yazaki Corporation. Daimler AG and Bosch are the leading players focuses on Ethernet based solutions for automated driving and connectivity applications.

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