Press release
Automotive Cyber Security Market Is Booming Worldwide | Major Giants Harman, Continental, Robert Bosch, Denso
Automotive Cyber Security Market
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According to HTF Market Intelligence, the Global Automotive Cyber Security market is to witness a CAGR of 24.87% during the forecast period of 2023-2029. The market is segmented by Application (Telematics System, Infotainment System, Powertrain System, Body Control & Comfort System, Communication System, ADAS & Safety System, Others) by Type (Endpoint Security, Application Security, Wireless Network Security, Others) by Form (In-Vehicle Services, External Cloud Services, Others) by Electric Vehicle (Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV), Plug-In Hybrid Electric Vehicle (PHEV), Others) by Component (Software based, Hardware based, Integration and Professional Service, Others) and by Geography (North America, South America, Europe, Asia Pacific, MEA).
Definition:
Automotive cyber security manages both the interior and exterior systems of the automobile which are prone to cyber-attacks. Technological developments in automotive cyber security provide hardware-based security services such as engine control and network monitoring system and software services such as cloud security, data privacy, and others. The rising threat of cyber-attacks in automotive systems, and technological innovations for advanced features are the key factors expected to drive the automotive cyber security market.
Market Trends:
β’ Adoption of Vehicle Telematics
β’ Growing Cloud-Based Applications in Automotive
Market Drivers:
β’ Increasing Number of Connected Cars
β’ Rising Demand for Security in Connected Car Systems
Market Opportunities:
β’ Technological Development in Autonomous Vehicle
Automotive Cyber Security Market Competitive Analysis:
Know your current market situation! Not just new products but ongoing products are also essential to analyze due to ever-changing market dynamics. The study allows marketers to understand consumer trends and segment analysis where they can face a rapid market share drop. Figure out who really the competition is in the marketplace, get to know market share analysis, market position, % Market Share, and segmented revenue.
Players Included in Research Coverage: Harman (United States), Continental (Germany), NXP (Netherlands), Escrypt GmbH (Germany), Vector Informatik GmbH (Germany), Harman International (United States), Robert Bosch GmbH (Germany), Denso Corporation (Japan), Symantec Corporation (United States), Honeywell International Inc. (United States), Trillium Secure Inc. (Canada), Karamba Security (United States), Guard Knox Cyber Technologies Ltd. (Israel)
Additionally, Past Automotive Cyber Security Market data breakdown, Market Entropy to understand development activity and Patent Analysis*, Competitors Swot Analysis, Product Specifications, and Peer Group Analysis including financial metrics are covered.
Segmentation and Targeting:
Essential demographic, geographic, psychographic, and behavioral information about business segments in the Automotive Cyber Security market is targeted to aid in determining the features the company should encompass in order to fit into the business's requirements. For the Consumer-based market - the study is also classified with Market Maker information in order to understand better who the clients are, their buying behavior, and patterns.
Automotive Cyber SecurityProduct Types In-Depth: Endpoint Security, Application Security, Wireless Network Security, Others
Automotive Cyber Security Major Applications/End users: Telematics System, Infotainment System, Powertrain System, Body Control & Comfort System, Communication System, ADAS & Safety System, Others
Automotive Cyber Security Major Geographical First Level Segmentation:
β’ APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
β’ Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
β’ North America (U.S., Canada, and Mexico)
β’ South America (Brazil, Chile, Argentina, Rest of South America)
β’ MEA (Saudi Arabia, UAE, South Africa)
Buy Now Latest Edition of Automotive Cyber Security Market Report @ https://www.htfmarketintelligence.com/buy-now?format=3&report=678
Research Objectives:
- Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
- To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
- To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
- To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
- To deliberately profile the key players and systematically examine their growth strategies.
FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
β’ Political (Political policy and stability as well as trade, fiscal, and taxation policies)
β’ Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
β’ Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
β’ Technological (Changes in digital or mobile technology, automation, research, and development)
β’ Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
β’ Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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Thanks for reading this article, buy an individual chapter if not interested in a full study or avail of regional or limited scope reports like America or West Europe, or East Asia & Pacific or Country Specific reports like Japan, China, United States, and the United Kingdom, etc.
Contact Us:
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +1 434 322 0091
sales@htfmarketintelligence.com
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About Author:
HTF Market Intelligence consulting is uniquely positioned empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist in decision making.
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