Automotive Cyber Security Market Expected to Grow Over Next Decade | Key Vendors are Audi, BMW, Daimler, Ford, General Motors, Honda, Hyundai, Nissan, Tesla, Volkswagen, Volvo Group, Lear Corporation, Symantec, AT&T, Cisco
Request for a sample of this research report @ www.gminsights.com/request-sample/detail/2714
Automotive Cyber Security Market in communication application is expected to witness a significant growth from 2018 to 2024 due to the various innovations in the automotive communication technology which include short-range communication, V2V, V2I, and vehicle to internet communication with the aid of embedded modems and Bluetooth-paired smartphones. As these devices are highly prone to cyber-attacks, it is essential to maintain secure communication between these devices and automobile’s interior ECUs. Hence, various automotive and software security providers are entering into strategic partnerships and collaborations to enhance the vehicular communication systems’ safety and security.
The passenger/consumer vehicles held 89.9% of the market share in 2017 and are projected to dominate the automotive cyber security market over the forecast period. Cybersecurity plays a key role for consumers when they are purchasing the vehicle due to which various automotive manufacturers are working toward making cybersecurity a priority by adopting multi-layered security approach. Tier 1 companies and OEMs are using comprehensive solutions by combining innovative technologies and cybersecurity services, addressing the security challenges in connected passenger vehicles. For instance, in June 2018, Baidu and Ford entered into a strategic partnership to infuse AI in in-car infotainment services. This partnership will provide a platform enabling features, such as image and voice recognition, to personalize the consumer experience for car owners.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. AUDI AG
2. Daimler Trucks North America
3. Ford Motor Company
4. American Honda Motor Company, Inc.
5. Nissan Motor Corporation
6. TriLumina Corp.
7. Volvo Cars
8. Argus Cyber Security Ltd.
10. Intel Corporation
Automotive Cyber Security Market, By Security
o Hardware Security
o Software Security
o Network Security
o Cloud Security
Automotive Cyber Security Market, By Application
o On-board Diagnostic (OBD)
o Safety Systems
Make an inquiry for buying this report @ www.gminsights.com/inquiry-before-buying/2714
Cloud security is the fastest growing segment in the automotive cyber security market, and it is projected that by 2024, approximately 30% of the vehicles globally will be deployed with cybersecurity cloud services. They examine and manage the fleets of vehicles through software such as management service, which enables them to assess the irregularities and identify unauthorized efforts to attack the connected vehicles. The automotive industry is making huge investments in the cloud technology to secure the automotive cloud environment.
The software security segment in automotive cyber security market is projected to grow at a CAGR of 24.5% over the forecast period. The proliferation of ECUs in the automobiles has also increased the attack surface making vehicles easily accessible to attackers. There are a large number of ECUs with different capabilities in the automobiles, making them necessary to provide software security to these systems.
North America dominates the automotive cyber security market due to the rising collaboration between the automotive manufacturers and software providers to enhance their connected car safety and security. Furthermore, the U.S. and Canada are the main contributors of new automobiles deployed with the latest technologies, driving the market growth.
The Asia Pacific automotive cyber security market is projected to grow at a CAGR of 33.3% over the forecast period due to the increasing demand for connected vehicles in this region. Increasing investments to develop advanced in-car services and connectivity infrastructure are also driving the market demand. Moreover, increasing research in the fields of malware detection and improved software in connected vehicles are also contributing to the growth.
Top key players in global automotive cyber security market include AUDI AG, BMW Group, Capio, Cognata Ltd, Daimler Trucks North America, Ford Motor Company, General Motors, American Honda Motor Company, Inc., Hyundai Motor Company, Nebula Systems Ltd., Nissan Motor Corporation, Tesla, TriLumina Corp., Volkswagen AG, Volvo Cars, Argus Cyber Security Ltd., Arilou Technologies, AT&T, Automatic, BT, Cisco, Continental, Intel Corporation, Karamba Security, Lear Corporation, and Symantec.
Browse key industry insights spread across 300 pages with 273 market data tables & 51 figures & charts from the report, Automotive Cybersecurity Market in detail along with the table of contents:
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
This release was published on openPR.
Permanent link to this press release:
You can edit or delete your press release Automotive Cyber Security Market Expected to Grow Over Next Decade | Key Vendors are Audi, BMW, Daimler, Ford, General Motors, Honda, Hyundai, Nissan, Tesla, Volkswagen, Volvo Group, Lear Corporation, Symantec, AT&T, Cisco here
News-ID: 1726384 • Views: 460
More Releases from Global Market Insights, Inc.
Hypochlorite Bleaches Market to hit US$ 300 Mn 2025 | Top Key Players like Adity …
As per the research report by Global Market Insights, Inc., Global Hypochlorite Bleaches Market to cross USD 300 million by 2025 and grow at 3.4% CAGR from 2019 to 2025. It has been projected that the Global hypochlorite bleaches market is expected to reach a consumption of around 485-kilo tons by 2025. Water scarcity as well as rising water costs have led to more emphasis being laid on water recycling and
Feminine Hygiene Products Market: Growing awareness regarding intimate health in …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Feminine Hygiene Products Market. One of the most hushed topics across the world is female hygiene, the negligence of which results in several diseases. Studies claim that nearly 30% to 60 % women across the globe develop urinary tract infection once in their lifetime, mainly due to negligence in proper intimate hygiene. Dearth of knowledge regarding the negative consequences of
Examination Gowns Market 2020 business trends & growth opportunities to 2026
Global Market Insights, Inc., announces an ongoing comprehensive report on the Examination Gowns Market. The exposure to various kinds of hospital acquired infections has led to a spate of health problems for the healthcare professionals as well has the patients. In this regard, experts have been massively shifting to adoption of personal protective equipment or clothing, examination gowns, protecting them from all kinds of infections. These gowns are present in the
Nonwoven Packaging Market to witness increased demand from pharmaceutical sector …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Nonwoven Packaging Market. With the world struggling to fight against negative consequences of industrialization and increased carbon emissions, nonwovens or nonwoven fabrics have emerged as an intrinsic solution for all ecological imbalances across the globe. These fabrics are made from staple fiber and long fibers, merged together by chemical, heat, or mechanical treatment. These are generally used in textile manufacturing
More Releases for Security
Security Assessment Market Report 2018: Segmentation by Security Type (Endpoint …
Global Security Assessment market research report provides company profile for Kaspersky (Russia), IBM (US), FireEye (US), Optiv Security (US), Qualys (US), Trustwave (US), Veracode (US), Check Point (Israel), Absolute Software (Canada), Rapid7 (US), CynergisTek (US) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth
Stadium Security Market -
Worries about the possibility of reoccurrence of terrorist attacks on large gatherings, especially during sports events, have been anticipated to increase the demand for stadium security. In 2017, the Manchester Arena bombing injured over 500 people and killed 23, including the attacker. Currently, almost every large stadium around the globe has been well-equipped with advanced systems such as intrusion alarms, metal detectors, fire alarms, access control systems, and CCTV cameras. Obtain
Cloud Security Market
Cloud Security Market size is characterized by increasing popularity of cloud-based services and their adoption by SMEs, rising incidences of cyber-crimes, and concerns related to data security and confidentiality. Also, favorable government initiatives and regulations for enforcing and ensuring the adoption of cybersecurity measures are expected to contribute significantly to the cloud security market growth over the forecast period. Request for an in-depth table of contents for this report @
Best Security Alarm System | Home Security Alarms | Security One
The securityoneonline.com organization prides itself on delivering exceptional customer service to its extensive and eclectic group of customers which encompasses a comprehensive demographic group of individuals and businesses with respect to age, geographic area and income level. While many organizations both within and outside of the security industry consider themselves to both value and provide premium customer service, securityoneonline.com has incorporated the rendering of superior customer service into its very
Pelco Security Products
Spytown is the Security SuperStore that specializes in home security systems and one of the leading manufacturers that supply their products is Altronix. Altronix Corporation is a leading designer and maker of low voltage electronic components. Altronix offers a wide-ranging line of Security, Fire, CCTV, Access, Nurse Call, and Automation products. The security industry requires electronic components which can perform flawlessly under rigorous conditions, twenty-four hours a day. Incorporating cutting edge
SafeTech’s Guard Security Announces Mobile Security Services
It is with great pleasure and enthusiasm that SafeTech Guard Security announces the launch of Mobile Security Services. Beginning today Guard Security will offer hired security guard officers who can perform mobile security patrols and security inspection. The security guard units will be positioned in vehicles to patrol larger areas that can not be covered on foot. The security guard officers are trained to work in both residential and commercial