Press release
External Cloud Automotive Cyber Security Services Market 2020 Will Grow at Huge CAGR of 17.1% by 2027 With Global Players - HARMAN International, Continental AG, DENSO CORPORATION, Aptiv, Symantec Corporation
External Cloud Automotive Cyber Security Services
Automotive cyber security services market is expected to reach USD 6.42 billion by 2028 and witnessing market growth at a rate of 17.1% in the forecast period of 2021 to 2028. Data Bridge Market Research report on external cloud automotive cyber security services market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Cyber security is the practice of protecting computers, networks, servers, mobile devices, data and electronic systems from malicious attacks and unauthorised access. Cyber security related to the road vehicles, is the protection of electronic system, control algorithm, software, communication networks in automotive from unauthorised access to the vehicle, manipulation, damage or malicious attacks. There are widely used application such as telematics systems, infotainment systems, powertrain systems, ADAS & safety systems and others.
The trends of cloud-based applications are increasing in automotive industry for more security and safety is propelling the growth of the market. Rising number of connected cars is also fuelling the automotive cyber security services market. Increasing technological advancement and electronics content inside the vehicles is increasing the market. Also, growing support from the government regulatory bodies for vehicle protection and security is also driving the market growth.
The high cost associated to the automotive cybersecurity is hindering the growth of the market. The lack of standards and proper integration of components might be lead the cyberattack issues in the vehicles, which may hamper the growth of the automotive cybersecurity market. Due to cloud automotive cyber security, big data complexities may also increase.
The development of necessary software development process for automobile manufacturers is a big challenge for the automotive industry.
However, to overcome this challenge, automotive OEMs are partnering and acquiring the companies who provide cloud based solutions. This is bringing the opportunities for the automotive industry to provide secured and faster data transfer benefit and decrease downtime to the automotive users by providing cloud based security services.
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The External Cloud Automotive Cyber Security Services Market competitive landscape provides details by competitor. Details included are organization overview, company financials, revenue generated, Industry potential, investment in research and development, new External Cloud Automotive Cyber Security Services Market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the company’s focus related to External Cloud Automotive Cyber Security Services Market.
Major Market Manufacturers Covered In The External Cloud Automotive Cyber Security Services Market Are:
The major players covered in the external cloud automotive cyber security services market report are HARMAN International, Continental AG, DENSO CORPORATION, Aptiv, Symantec Corporation, NXP Semiconductors., Honeywell International Inc., Trillium Secure, Inc., ESCRYPT, Vector Informatik GmbH, Karamba Security, Guardknox Cyber Technologies Ltd., Upstream Security Ltd., Nexor, Capgemini, Intellias Ltd., Lear Corporation., Capricode Oy, AO Kaspersky Lab., FUJITSU, Telefonaktiebolaget LM Ericsson, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
North America is leading the cloud automotive cyber security services market due to increased demand for smart automotive in this region. Moreover, increased government support and investment to deal with cyberattacks in the automotive industry is also one of the factor for the growth of the market in this region. Asia-Pacific is the second-largest market and is estimated to grow with highest growth rate in the forecast years, owing to change in consumer lifestyle and increase in disposable income of the user to buy vehicles with more advanced features.
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How will this Market Intelligence Report Benefit You?
1. The report offers statistical data in terms of value (US$) as well as Volume (units) till 2027.
2. Exclusive insight into the key trends affecting the External Cloud Automotive Cyber Security Services’ industry, although key threats, opportunities and disruptive technologies that could shape the Global External Cloud Automotive Cyber Security Services’ market supply and demand.
3. The report tracks the leading Market players that will shape and impact the Global External Cloud Automotive Cyber Security Services’ Market most.
4. The data analysis present in the External Cloud Automotive Cyber Security Services’ Market report is based on the combination of both primary and secondary resources.
5. The report helps you to understand the real effects of key Market drivers or retainers on External Cloud Automotive Cyber Security Services’ Market business.
Global External Cloud Automotive Cyber Security Services Market Scope and Market Size
Electric commercial vehicle market is segmented on the basis of security, application, vehicle, and electric vehicle. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
• Electric commercial vehicle market on the basis of security has been segmented as endpoint security, application security and wireless network security. The wireless network segment is capturing the major market, due to increased need of security related to network and number of connected cars, which have high probabilities of cyberattacks.
• Based on application, the external cloud automotive cyber security services market has been segmented into telematics system, infotainment system, powertrain system, body control & comfort system, communication system and ADAS & safety system. Infotainment system is expected to hold the maximum market share in the forecast period. ADAS & safety system is likely to grow with the highest growth rate over the forecast period due to ground-breaking technological advancement in this segment.
• Based on vehicle, the external cloud automotive cyber security services market has been segmented into passenger car and commercial vehicle. Passenger car segment is dominating the market as the production of passenger car is more than the commercial vehicles.
• On the basis of electric vehicle, the external cloud automotive cyber security services market has been segmented into battery electric vehicle, hybrid electric vehicle and plug-in hybrid electric vehicle.
Based on regions, the External Cloud Automotive Cyber Security Services Market is classified into North America, Europe, Asia- Pacific, Middle East & Africa, and Latin America
Middle East and Africa (GCC Countries and Egypt)
North America (United States, Mexico, and Canada)
South America (Brazil, Argentina etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
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The report covers major aspects:
• Various economic factors that are significant in determining the External Cloud Automotive Cyber Security Services Market trend, buying decisions and Market attractiveness are being analysed for Market estimation and forecasting.
• The analysis will support stakeholders such as manufacturers and distributors in identifying and capturing Markets with high potential.
• The study also discusses various environmental and regulatory factors critical for the External Cloud Automotive Cyber Security Services Market growth.
Strategic Points Covered in Table of Content of Global External Cloud Automotive Cyber Security Services Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope External Cloud Automotive Cyber Security Services Market
Chapter 2: Exclusive Summary – the basic information of External Cloud Automotive Cyber Security Services Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of Analytical Standards
Chapter 4: Presenting External Cloud Automotive Cyber Security Services Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of External Cloud Automotive Cyber Security Services Market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Customization of the Report:
Data Bridge Market Research also provides customization options to tailor the reports as per client requirements. This report can be personalized to cater to your research needs. Feel free to get in touch with our sales team, who will ensure that you get a report as per your needs.
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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About Data Bridge Market Research:
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