Market Snapshot:
Automotive cyber security manages both interior and exterior system of the automobile which are prone to cyber-attack. Technological developments in automotive cyber security provides hardware based security services such as engine control and network monitoring system and software services such as cloud security, data privacy and others. Rising threat of cyber-attacks in automotive systems, technological innovations for advanced features are the key factors expected to drive automotive cyber security market.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Harman (United States), Continental (Germany), NXP (Netherlands), Escrypt GmbH (Germany), Vector Informatik GmbH (Germany), Harman International (United States), Robert Bosch GmbH (Germany), Denso Corporation (Japan), Symantec Corporation (United States), Honeywell International Inc. (United States), Trillium Secure Inc. (Canada), Karamba Security (United States), Guard Knox Cyber Technologies Ltd. (Israel) and Other |
CAGR | 24.88% |
Segment Analysis
AMA Research have segmented the market of Global Automotive Cyber Security market by Type, Application and Region. On the basis of Type, In-Vehicle Services are dominating the market in the year 2022
On the basis of geography, the market of Automotive Cyber Security has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Trend
Adoption of Vehicle Telematics and Growing Cloud-Based Applications in Automotive
Market Drivers
Increasing Number of Connected Cars and Rising Demand of Security in Connected Car System
Opportunities
Technological Development in Autonomous Vehicle
Restraints
- High Cost of Automotive Cyber Security
In addition to the aforementioned factor, Increasing Number of Connected Cars
is expected to propel the growth of the market over the forecast period.
The key Players profiled in the study are Harman (United States), Continental (Germany), NXP (Netherlands), Escrypt GmbH (Germany), Vector Informatik GmbH (Germany), Harman International (United States), Robert Bosch GmbH (Germany), Denso Corporation (Japan), Symantec Corporation (United States), Honeywell International Inc. (United States), Trillium Secure Inc. (Canada), Karamba Security (United States), Guard Knox Cyber Technologies Ltd. (Israel) and Other. A lot of United States players are profiled in the research study indicating a strong market dependence.