$ 1.92 billion growth expected in Automotive Cybersecurity Market|North America to Notice Maximum Growth|Technavio

Press Releases

May 25, 2021

NEW YORK, May 25, 2021 /PRNewswire/ —

Technavio has been monitoring the automotive cybersecurity market and it is poised to grow by USD 1.92 billion during 2021-2025, progressing at a CAGR of almost 17% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Frequently Asked Questions:

Based on segmentation by application, which is the leading segment in the market?
Passenger vehicles are the leading segment in the market.
At what rate is the market projected to grow?
The market is projected to accelerate at a CAGR of almost 17%.
Who are the top players in the market?
Aptiv Plc, Argus Cyber Security Ltd., Arilou Information Security Technologies Ltd., ESCRYPT GmbH, Infineon Technologies AG, Karamba Security Ltd., Lear Corp., RunSafe Security Inc., Samsung Electronics Co. Ltd., and secunet Security Networks AG are the top players in the market.
What are the key market drivers and challenges?
The market is driven by the stringent data privacy regulations leading to increasing demand for automotive cybersecurity. However, the complex vehicle ECUs can delay the evolution of cybersecurity software will impede market growth.
How big is the North American market?
46% of the market’s growth will originate from North America during the forecast period.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Aptiv Plc, Argus Cyber Security Ltd., Arilou Information Security Technologies Ltd., ESCRYPT GmbH, Infineon Technologies AG, Karamba Security Ltd., Lear Corp., RunSafe Security Inc., Samsung Electronics Co. Ltd., and secunet Security Networks AG are some of the major market participants. Although the factors such as the need for cybersecurity in connected cars, the stringent data privacy regulations leading to increasing demand for automotive cybersecurity, and the high-level software integration into vehicle ECUs will offer immense growth opportunities, the complex vehicle ECUs can delay the evolution of cybersecurity software is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this automotive cybersecurity market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.

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Automotive Cybersecurity Market 2021-2025: Segmentation

The Automotive Cybersecurity Market is segmented as below:

Application

Passenger Vehicles
Commercial Vehicles

Geography

North America
APAC
Europe
South America
The Middle East and Africa

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Automotive Cybersecurity Market 2021-2025: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The automotive cybersecurity market report covers the following areas:

Automotive Cybersecurity Market Size
Automotive Cybersecurity Market Trends
Automotive Cybersecurity Market Industry Analysis

This study identifies the increasing adoption of blockchain technology as one of the prime reasons driving the Automotive Cybersecurity Market growth during the next few years.

Automotive Cybersecurity Market 2021-2025: Key Highlights

CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist automotive cybersecurity market growth during the next five years
Estimation of the automotive cybersecurity market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the automotive cybersecurity market across North America, APAC, Europe, South America, and MEA
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of automotive cybersecurity market vendors

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Global Artificial Intelligence-based Cybersecurity Market– The artificial intelligence-based cybersecurity market is segmented by end-user (BFSI, Government, ICT, Healthcare, and Others) and geography (APAC, North America, Europe, South America, and MEA).
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Global Cyber Security Market– The cybersecurity market is segmented by end-user (government, BFSI, ICT, manufacturing, and others), deployment (on-premises solutions and cloud-based solutions), and geography (North America, Europe, APAC, South America, and MEA).
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Table of Contents:

Executive Summary

Market Landscape

Market ecosystem
Value chain analysis

Market Sizing

Market definition
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020- 2025

Five Forces Analysis

Five Forces Analysis
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

Market Segmentation by Application

Market segments
Comparison by Application
Passenger vehicles – Market size and forecast 2020-2025
Commercial vehicles – Market size and forecast 2020-2025
Market opportunity by Application

Customer landscape

Customer Landscape

Geographic Landscape

Geographic segmentation
Geographic comparison
North America – Market size and forecast 2020-2025
APAC – Market size and forecast 2020-2025
Europe – Market size and forecast 2020-2025
South America – Market size and forecast 2020-2025
MEA – Market size and forecast 2020-2025
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends

Vendor Landscape

Vendor Landscape
Competitive Landscape
Landscape disruption

Vendor Analysis

Vendors covered
Market positioning of vendors
Aptiv Plc
Argus Cyber Security Ltd.
Arilou Information Security Technologies Ltd.
ESCRYPT GmbH
Infineon Technologies AG
Karamba Security Ltd.
Lear Corp.
RunSafe Security Inc.
Samsung Electronics Co. Ltd.
secunet Security Networks AG

Appendix

Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations

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