Press release
Automotive Cyber Security Market Expected to Reach 5010 million US$ by 2025
Automotive Cyber Security is the software used to protect car data from being attacked.
Demand is driven by demographics and the health of the economy. The profitability of individual companies depends on their ability to bid accurately, secure contracts, and control costs. Large companies enjoy economies of scale in financing and the ability to offer a broad range of services in many locations. Smaller companies can compete effectively by specializing in particular services or focusing on certain geography.
USA has been the largest consumption market in the last years. Now, USA has enjoyed about 36% market share and followed by Europe and China respectively with market share of 34 % and 7%.
In 2017, the global Automotive Cyber Security market size was 100 million US$ and it is expected to reach 5010 million US$ by the end of 2025, with a CAGR of 75.4% during 2018-2025.
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The key players covered in this study
Arilou technologies
Cisco systems
Harman (TowerSec)
SBD Automotive & Ncc Group
Argus
BT Security
Intel Corporation
ESCRYPT Embedded Systems
NXP Semiconductors
Trillium
Secunet AG
Security Innovation
Symphony Teleca & Guardtime
Utimaco GmbH
Market segment by Type, the product can be split into
Software-based
Hardware-based
Network & Cloud
Security Services & Frameworks
Market segment by Application, split into
Passenger Cars
Commercial Vehicles
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
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