Lucintel Forecasts Automotive Cyber Security Market to grow at a CAGR of 13% from 2019 to 2024

According to the recent study the Automotive Cyber Security Market is projected to grow at a CAGR of 13% from 2019 to 2024. Growth in this market is primarily driven by growing demand for connected cars and electronic content per vehicle, government regulation on vehicle data protection, and increasing use of cloud-based applications in e-mobility.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in automotive cyber security market by security type (network security, endpoint security, application security, wireless security, and cloud security), by application (telematics, OBD, infotainment, communication channels, powertrain, safety systems, and others), by end use (passenger car [small car, compact car, mid-size car, large car, suvs & crossovers], light commercial vehicles, and electric vehicles), and by region (North America, Europe, Asia Pacific, and Rest of the World).
Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/automotive-cyber-security-market.aspx

“Powertrain market is expected to remain the largest segment during the forecast period.”
Based on application, the automotive cyber security market is segmented into telematics, OBD, infotainment, communication channels, powertrain, safety systems, and others. Lucintel forecasts that the powertrain market is expected to remain the largest segment.
“Asia pacific will dominate the automotive cyber security market in near future”
Asia Pacific will remain the largest region over the forecast period due to increase in vehicle production, changing in-vehicle electronic architecture, increasing in-vehicle services connected to external cloud, and expansion of leading OEMs and automotive component suppliers.
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Major players of automotive cyber security market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Infineon Technologies, Harman International, Argus Cyber Security, Delphi Automotive, Intel Corporation, Lear Corporation, Trillium, SBD Automotive & Ncc Group, Karamba Security, Escrypt, and Arilou Technologies are among the major automotive cyber security providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/automotive-cyber-security-market.aspx or helpdesk@lucintel.com
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