Automotive Cyber Security Market Technological Developments, Industry Size, Share, Future Trends, Top Player Analysis and Global Forecast 2030

Automotive Cyber Security Market Research Insights

According to MRFR analysis, the global Automotive Cyber Security Market is expected to register a CAGR of ~ 18.5% from 2022 to 2030 and hold a value of over USD 8,940.1 Million by 2030.

Automotive Cybersecurity is a program that defends internet-connected vehicles, automotive communication systems, users, and data against unauthorized access, damage, assaults, and other crime. Automobiles are now internet-enabled, making them self-contained, capable of improved communication, and capable of sharing mobility.

This has acceptable for automobiles to convey data to their makers and users, yet, this improved connection has left automobiles vulnerable to cyber-attacks. The rising emphasis on OEMs on autonomous driving and connected car systems has augmented the risk of data breaching, thus augmenting the demand for cybersecurity solutions in the automotive market. Moreover, the rising usage of e-mobility across the globe is expected to initiate the market.

Market Growth Driving Factors

• Cloud security denotes a broad set of policies
• Technologies
• Controls deployment

Request a Sample of this Research Report @ https://www.marketresearchfuture.com/sample_request/2970

Automotive Cyber Security Market Segmentation

The Global Automotive Cyber Security Market has been segmented into the Form, Vehicle, Security, and Application

Based on form, The Global Automotive Cyber Security Market has been segmented into in-vehicle and external cloud services. The sector is expected to be dominated by the in-vehicle segment. This trend is being driven by increasing demand for in-vehicle applications like infotainment, ADAS, and telematics, as well as augmented use of endpoint apps like a smart antenna, radio, and smartphones in emerging nations.

Based on vehicles, The Global Automotive Cyber Security Market has been segmented into passenger vehicles and commercial vehicles. Passenger cars are likely to upsurge quickly as they become progressively connected to external cloud services for fleet management software and telematics, making them more exposed to cyber-attacks. Furthermore, the market for automated passenger automobiles is speedily expanding.

Based on security, The Global Automotive Cyber Security Market has been segmented into endpoint security, application security, and wireless network security. Application security is projected to expand at a faster rate as the number of connected automobiles grows as luxury and mid-size vehicle sales upsurge, increasing cyber threats.

Based on application, The Global Automotive Cyber Security Market has been segmented into telematics systems, body control and comfort system, infotainment system, powertrain system, communication systems, ADAS, and safety systems. Because of their growing incorporation in modern automobiles, cybersecurity for powertrain systems is expected to increase.

Ask for an Amazing Discount: https://www.marketresearchfuture.com/check-discount/2970 

Automotive Cyber Security Market Key Players

• Intel Corporation (U.S.)
• Escrypt Embedded Systems (Germany)
• Secunet AG (Germany)
• Cisco Systems Inc. (U.S.)
• Harman International Industries Inc. (U.S.)
• NNG Software Developing and Commercial LLC. (Hungary)
• Argus Cyber Security (Israel)
• Intel Corporation (U.S.)
• NXP Semiconductors N.V. (Netherlands)
• Karamba Security (Israel)

Automotive Cyber Security Market Development:

The automotive cyber security market has been developing rapidly in recent years due to the increasing adoption of connected vehicles and advanced driver assistance systems (ADAS). As more vehicles are connected to the internet and other networks, they become vulnerable to cyber attacks, which can compromise the safety and privacy of drivers and passengers.

To address these concerns, the automotive industry has been investing heavily in cyber security technologies and solutions. This has created a growing market for companies that offer products and services to protect vehicles from cyber threats. Some of the key players in the automotive cyber security market include major automotive manufacturers, technology companies, and specialized cyber security firms.

Automotive Cyber Security Market Regional Analysis

North America presently dominates the market. The emphasis and the steps taken by the government on achieving an efficient cybersecurity system have allowed the region to dominate the market. Plus, the growing demand for vehicles that are an outcome of the convergence of the automobile and ICT sector too has made it possible for the region to account for the largest share of the market.

Chat with an expert: https://www.marketresearchfuture.com/ask_for_schedule_call/2970 

Asia-Pacific is set to witness the highest CAGR for the estimated period. Change in the lifestyle of the people and upsurge in the purchasing power parity coupled with the demand for vehicles equipped with advanced technology will aid this region to achieve this feat. Moreover, the region is revolving out to be the automobile manufacturing hub. This in turn would further upsurge the market growth rate.

About:

Market Research Future® (Part of WantStats Research and Media Pvt. Ltd.) has specialized research analysts in the areas of Aerospace & Defense, Automotive, C&M, Energy & Power, F&B, Healthcare & Pharmaceutical, ICT, Industrial Equipment, Packaging Construction & Mining and Semiconductor.

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. MRFR’s approach combines the proprietary information with various data sources to give an extensive understanding to the client about the latest key developments, expected events and about what action to take based on these aspects.

Tags: Automotive Cyber Security Market Growth Analysis and Forecast 2030, Automotive Cyber Security Market Research Report 2023 See Campaign: https://www.marketresearchfuture.com/reports/automotive-cyber-security-market-2970

Contact Information:

Contact: Market Research Future 99 Hudson Street,5Th Floor New York, New York 10013 United States of America Sales: +1 628 258 0071(US)  +44 2035 002 764(UK) Email: [email protected]

Tags:
Wire, Research Newswire, English