Automotive Cyber Security Market Set to Grow with CAGR of 23.61% By 2026 With Leading Players Cisco, Capgemini, Intel, BlackBerry, NXP, Japan Automobile Manufacturers

Press Release

The potential future accomplices, providers or members have additionally been qualified in the report. Automobiles are now also connected devices with Bluetooth, built-in cellular communication and Wi-Fi for remote start, find my car and many other apps. Vehicle to infrastructure, vehicle to vehicle, vehicle to cloud, and vehicle to everything technology also make cars vulnerable to hackers. Today’s automobile is highly sophisticated. For instance, say an attacker discovered a vulnerability in the infotainment system of a connected vehicle and went on to perform some level of control with the vehicle.

Global Automotive Cyber Security Market  is driven by increasing demand for smartphones, which is projecting a rise in estimated value from USD 1.42 billion, to an estimated value of USD 7.74 billion by 2026, registering a CAGR of 23.61% in the forecast period of 2019-2026.

Influencing players of this Market are: Argus Cyber Security Ltd., Cisco, ARILOU Automotive Cyber Security Part of NNG Group, Capgemini, HARMAN International, Intel Corporation, BlackBerry, NXP Semiconductors, ESCRYPT, secunet, Japan Automobile Manufacturers Association, Inc., ACEA, CAA Club Group and KAMA.

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To prepare Automotive Cyber Security market research report, certain steps are to be followed for collecting, recording and analysing market data. All statistical and numerical data is interpreted in Automotive Cyber Security report with the use of established and advanced tools such as SWOT analysis and Porter’s Five Forces Analysis. The major areas covered in the Automotive Cyber Security report include market definition, market segmentation, competitive analysis and research methodology. The finest market research report is the one which is pertinent, unique, and creditable and also makes use of proven tools and techniques to formulate complex market insights into simpler version.

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Table of Contents

Part 01: Executive Summary

Part 02: Scope of The Report

Part 03: Global Automotive Cyber Security Market Landscape

Part 04: Global Automotive Cyber Security Market Sizing

Part 05: Global Automotive Cyber Security Market Segmentation by Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Market Drivers:

  • Rise in electric content per vehicle and increasing number of telematics users across the globe
  • Stringent rules by regulatory bodies for data protection in the vehicle make it necessary to use such technology

Market Restraints:

  • There is high cost involved in the development & installation of automotive cybersecurity which restraints the market
  • Unawareness of such technology within many countries due lack of technological advancement

Competitive Analysis: Automotive Cyber Security Market

Global automotive cyber security market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of automotive cyber security market for global, Europe, North America, Asia Pacific and South America.

Market Segmentation:

By Security (Endpoint Security, Application Security, Wireless Network Security),

By Application  (Telematics System, Infotainment System, Powertrain System, Body Control & Comfort System, Communication System, ADAS & Safety System),

By Form (In-Vehicle, External Cloud Services),

By Vehicle (Passenger Car, Commercial Vehicle),

By Electric Vehicle (Battery Electric Vehicle {BEV}, Hybrid Electric Vehicle {HEV}, Plug-In Hybrid Electric Vehicle {PHEV}),

By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Reasons to Purchase this Report

  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  • Regions/Countries that are expected to witness the fastest growth rates during the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players

Key insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key Market players involved in this industry
  • Detailed analysis of the Market Segmentation
  • Competitive analysis of the key players involved

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