Global Automotive End-Point Authentication Market Will Reach USD 1410.43 Million by 2025 | Garmin Ltd., Continental AG, Samsung Electronics Co., Fujitsu Ltd.

Global Automotive End-Point Authentication Market Size:

In the year 2016, Automotive End-Point Authentication Market was valued at USD 483.2 Million. By the year 2025, it is expected to reach USD 1410.43 Million at a CAGR of almost 12.7% during 2017 to 2025, according to the report published by Research Cosmos.

Automotive endpoint authentication is a type of mechanism, which is used to track or detect external devices that are connected to a network. The authentication mechanisms are implemented by using security systems which helps to identify and grant access in specific network environments to the frequent remote users. In automobiles, the end-point authentication has various features such as service and maintenance updates, door lock status, real time diagnostic monitoring, navigation, battery status and advanced driver assistance systems which can prevent the car from malfunction and unauthorized access.

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Underlying Causes

The Global Automotive End-Point Authentication market is mainly driven due to the factors like government regulations related to vehicle safety, increasing cyber-attacks, growing demand for security systems, advanced technological developments of automotive end point authentication, increasing investment in security system, coloration between automobiles and IT companies, and introduction of next generation security systems. However, high cost of automotive end point authentication products and lack of awareness about the products in the developing countries may hinder the market growth during the forecast period.

Geographic Segmentation:

Based on geography the Automotive End-Point Authentication Market has been primarily divided into Asia Pacific, Middle East and Africa, North America and Latin America. North America holds the largest market share in the Global Automotive End-Point Authentication Market, followed by Europe due to rising application of end-point authentication systems in electric and hybrid vehicles, increasing investments in the automotive sector and demand for advanced driver assistance systems in vehicles of this region. Asia-Pacific is rapidly growing due to improving technological capabilities in the automotive sector, increasing demand for passenger vehicles in emerging economies like Indian and China, and growing awareness about security system among the population and government regulations related to vehicle safety, which can result in the high growth rate in Automotive End-Point Authentication Market during the forecast period.

Key Players:

Leading companies for Global Automotive End-Point Authentication Market are Garmin Ltd., Continental AG, Samsung Electronics Co., Fujitsu Ltd., Hitachi Ltd., Ltd., Symantec Corporation, VOXX International Corporation, Valeo S.A., and Synaptics Incorporated, and Sonavation, Inc.

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Scope of the report:

The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided.

The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

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