According to the latest report Automotive Cyber Security Market, By Security Type, By Vehicle Type (Passenger Cars), By Application and by Regions with Forecast To 2023, the Global Automotive Cyber Security Market Growing at a CAGR of 9% with Thriving Opportunities by 2023
According to the latest report Automotive Cyber Security Market, By Security Type (Cloud Security, Endpoint Security, Wireless Security, Application Security), By Vehicle Type (Passenger Cars), By Application (Communication Channels, Safety Systems) and by Regions with Forecast To 2023, published by Market Research Future, the Global Industry Leaders Explored Automotive Cyber Security Market Growing at a CAGR of 9% with Thriving Opportunities by 2023
Automotive Cyber Security Market Highlight:
The protuberant players in the automotive cyber security market are Argus Cyber Security (Israel), Harman International Industries, Inc. (U.S.), Karamba Security (Israel), Intel Corporation (U.S.), Cisco Systems Inc. (U.S.), NNG Software Developing And Commercial Llc. (Hungary), Intel Corporation (U.S.), NXP Semiconductors N.V. (Netherlands), Escrypt Embedded Systems (Germany), Secunet AG (Germany) among others.
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Automotive Cyber Security Market Drivers and Restraints:
The global automotive cyber security market is anticipated to develop at a CAGR of 9% over the estimated time allotment due to the burgeoning demand for smart transportation systems. The market is also projected to surpass USD 32 million by 2023 with the advent of cloud security services and more technological advancements. This report has been presented by Market Research Future, where analysts have indulged their research based on segmentation and regional shares globally.
Automotive cybersecurity is referred to as a combined method of defense that is used to detect and protect from threats. These tend to recognize risks priorily, and hence it gets avoided. The new generation of automotive cyber security includes mainly hardware-based protection in and around the engine control unit. The installed software in vehicles helps in defending. Apart from this, the network monitoring system and cloud services offer correct data privacy and protection as well.
The trend of high living standard along with increased disposable income has observed a shift toward the adoption of advanced vehicles that are offering various benefits such as navigation, telematics and more. As these have become more common in usages, they are now more vulnerable to cyber-attacks. Here the automotive cybersecurity services play an essential role by putting a barrier to all the threats. This is one of the main factors which is claiming the global automotive cyber security market to grow substantially in the years to come.
Even the government agencies are also partnering with automotive cyber security solution providers, which in turn, is propelling the market to gain utmost attention and importance. Moreover, burgeoning demand from mobile applications to cloud technologies is also making the market ready to surge rapidly by the estimated timeframe.
Global Automotive Cyber Security Market Segments Analysis:
According to the reports of MRFR, the automotive cyber security market is segmented based on the security type that includes network security, endpoint security, application security, and wireless security.
There has been updated to the complexity in cybersecurity that has reduced due to the implementation of wireless networks. The wireless devices present in cars eventually helps to reduce risk related to tracking location through identifiers in procedures or identifiable patterns in waveforms.
By the mode of application, the automotive cybersecurity market is segmented into onboard diagnostic (OBD), communication, safety systems, infotainment, and telematics.
By mode of vehicle type, the automotive cybersecurity market is segmented into passenger or consumer vehicle and commercial vehicle.
Global Automotive Cyber Security Market Regional Analysis:
Considering the criterion of geographical split according to MRFR’s reports, the market of automotive cybersecurity has been studied for the region of Asia Pacific, North America, Europe and Rest of the World.
Among them, the North American region has been one of the leading regions for the market share owing to plentiful cross-industry collaborations that are taking place.
Next comes the Asia Pacific region, which is also being a prominent player in the automotive cyber security market owing to the presence of large enterprises and SMEs in the region. These are increasing with the adoption of cloud-based cybersecurity solutions.
The report for Global Automotive Cyber Security Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
TABLE OF CONTENTS
1 MARKET INTRODUCTION
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.3 MARKET STRUCTURE
2 RESEARCH METHODOLOGY
2.1 RESEARCH TYPE
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH
2.4 FORECAST MODEL
2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST
2.4.2 MARKET SIZE ESTIMATION
3 MARKET DYNAMICS
3.2 MARKET DRIVERS
3.3 MARKET CHALLENGES
3.4 MARKET OPPORTUNITIES
3.5 MARKET RESTRAINTS
4 EXECUTIVE SUMMARY
5.MARKET FACTOR ANALYSIS
5.1 PORTER’S FIVE FORCES ANALYSIS
5.2 SUPPLY CHAIN ANALYSIS
List Of Tables:
TABLE 1 AUTOMOTIVE CYBER SECURITY MARKET, BY SECURITY TYPE
TABLE 2 AUTOMOTIVE CYBER SECURITYMARKET, BY VEHICLE TYPE
TABLE 3 AUTOMOTIVE CYBER SECURITY MARKET, BY APPLICATION
TABLE 4 AUTOMOTIVE CYBER SECURITY MARKET, BY REGION
TABLE 5 NORTH AMERICA AUTOMOTIVE CYBER SECURITY MARKET, BY SECURITY TYPE
TABLE 6 NORTH AMERICA AUTOMOTIVE CYBER SECURITY MARKET, BY VEHICLE TYPE
TABLE 7 NORTH AMERICA AUTOMOTIVE CYBER SECURITY MARKET, BY APPLICATION
TABLE 8 U.S. AUTOMOTIVE CYBER SECURITY MARKET, BY SECURITY TYPE
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