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Global Automotive Cybersecurity Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028

Global Automotive Cybersecurity Market Report, Market Size,

Stratistics MRC's Global Automotive Cybersecurity Market value is expected to reach $9.3 billion growing at a CAGR of 20.5% during 2023-2030.

Software called automotive cybersecurity protects against unauthorized access, damage, attacks, and other wrongdoing on users, data, internet-connected cars, and automotive communication systems. With the ability to connect to the internet, modern vehicles may now be more independent, communicate better, and share their mobility. Despite having a better connection, cars may now communicate data to both their manufacturers and users, making them more vulnerable to attacks.
Browse complete "Automotive Cybersecurity Market" report with TOC @ https://www.strategymrc.com/report/automotive-cybersecurity-market

North America is projected to have the highest CAGR over the forecast period, with the region's advanced automotive industry and high adoption of connected vehicles, the need for robust cybersecurity solutions is crucial. The North American market focuses on developing technologies to protect vehicles from cyber threats, ensuring the safety of drivers, passengers, and sensitive data. It involves the implementation of secure communication protocols, encryption, and intrusion detection systems to mitigate potential risks. Government regulations and industry standards further drive the growth of automotive cybersecurity in North America, fostering a competitive landscape to address emerging challenges in the connected automotive ecosystem.

Some of the key players in Automotive Cybersecurity market include NXP Semiconductors N.V., Robert Bosch GmbH, Honeywell International, Inc., Harman International, Denso Corporation, Guard Knox Cyber-Technologies Ltd., Continental AG, Arilou Automotive Cybersecurity, Aptiv PLC, Karamba Security, SafeRide Technologies, Broadcom Inc., Vector Informatik GmbH, Sheelds and Upstream Security Ltd.
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Key Developments:
In February 2023, ETAS (a subsidiary of Robert Bosch GmbH) offered ESCRYPT CycurRISK, a software tool for threat analysis and risk assessment. It allows the automotive OEMs and suppliers to identify security vulnerabilities during vehicle development and reduce cyber risks systematically.

In January 2023, HL Mando Corporation collaborated with Argus Cyber Security. Through this collaboration, the Argus CAN Intrusion Detection Systems (IDS) solution was applied to HL Mando's electrification system products, such as brakes and steering.

In October 2022, NTT Communications Corporation, along with DENSO Corporation (DENSO), was supposed to develop the security operation center technology for vehicles (VSOC1) to respond to the threat of increasingly sophisticated cyber-attacks against vehicles.

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

For more information about this report visit https://www.strategymrc.com/report/automotive-cybersecurity-market
Report Store: https://www.strategymrc.com/report-store
Covid-19 reports: https://www.strategymrc.com/covid-19-impact-reports

Contact Us:

Email: sales@strategymrc.com
Organization: Stratistics Market Research Consulting Pvt Ltd
Address: #233, Woods Enclave, Pet Basheerabad, Hyderabad - 500055, India.
Phone: +1-301-202-5929
Website: https://www.strategymrc.com

About Us:

Stratistics MRC offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, Market experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

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