Press release
Connected Car Security Solutions Market Size, Share Growth Status, Emerging Technology, Key Players Forecast till 2030 | Harman, Arxan, Argus
The Global "Connected Car Security Solutions Market" 2024 Research Report gives a professional and comprehensive study of the Global Connected Car Security Solutions Market in the current condition. The connected car security solutions market is undergoing rapid business growth driven by the proliferation of connected vehicles and the growing concern over cybersecurity threats in the automotive industry. With the integration of advanced connectivity features in modern vehicles, including telematics, infotainment systems, and autonomous driving capabilities, the risk of cyber attacks has escalated. Consequently, automotive manufacturers and solution providers are investing in connected car security solutions to safeguard vehicle systems and data from potential breaches and unauthorized access. The adoption of technologies such as encryption, intrusion detection systems, and secure communication protocols is on the rise to address cybersecurity challenges and ensure the safety and integrity of connected vehicles, contributing to the expansion of the market.The Worldwide Connected Car Security Solutions market is expected to grow at a booming CAGR of 15.9% during 2024-2032.
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The report covers extensive competitive intelligence which includes the following data points:
✔ Business Overview
✔ Business Model
✔ Financial Data
✔ Financial - Existing
✔ Financial - Funding
✔ Product/Service Segment Analysis and specification
✔ Recent Development and Company Strategy Analysis
✔ SWOT Analysis
📚 Recent Strategic Development:
In the connected car security solutions market, a recent strategic development focuses on the implementation of over-the-air (OTA) software updates and security patches to mitigate cybersecurity risks in connected vehicles. With the increasing complexity of in-vehicle systems and the growing threat landscape, automotive manufacturers and solution providers are adopting OTA update capabilities to remotely deploy security fixes and software enhancements. This development enables timely responses to emerging security threats and vulnerabilities, reducing the risk of cyber attacks and ensuring the long-term security of connected vehicles. Additionally, OTA updates enhance user experience by delivering new features and performance improvements without requiring physical visits to service centers.
The significant players operating in the Global Connected Car Security Solutions Market Include:
Harman, Arxan, Argus, Guardtime, Infineon, IOActive, Intertrust, Karamba Security, Magna, NCC Group, NNG, Onboard Security, Secunet, Security Innovation, Symantec, Trillium
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Global Connected Car Security Solutions Market Split by Product Type and Applications
This report segments the Connected Car Security Solutions Market on the basis of Types:
V2I
V2V
V2C
V2P
V2X
On the basis of Application, the Connected Car Security Solutions Market is segmented into:
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
📚 Trend Analysis:
In the connected car security solutions market, the trend analysis reveals a growing emphasis on proactive cybersecurity measures, driven by the increasing complexity and connectivity of modern vehicles. Automotive manufacturers and solution providers are investing in threat intelligence platforms and vulnerability assessment tools to identify and mitigate potential security risks before they can be exploited. Additionally, there's a focus on collaboration and information sharing among industry stakeholders to address common security challenges and vulnerabilities collectively. Moreover, regulatory initiatives mandating cybersecurity standards for connected vehicles are driving the adoption of robust security frameworks and compliance measures across the automotive ecosystem.
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Regional Coverage of the Connected Car Security Solutions Market:
• North America (United States, Canada, and Mexico).
• Europe (UK, Germany, France, Russia, and Italy).
• Asia-Pacific (China, Korea, Japan, India, and Southeast Asia).
• South America (Brazil, Colombia, Argentina, etc.).
• The Middle East and Africa (Saudi Arabia, UAE, Nigeria, Egypt, and South Africa)
The years examined in this study are the following to estimate the Connected Car Security Solutions market size:
History Year: 2017-2021
Base Year: 2022
Estimated Year: 2023
Forecast Year: 2024 to 2030
Key Features of the Connected Car Security Solutions Market Report:-
➤ Analyze competitive developments such as expansions, deployments, new product launches, and market acquisitions.
➤ Examine the market opportunities for stakeholders by identifying higher growth sections.
➤ To study and analyze the global Connected Car Security Solutions industry status and forecast including key regions.
➤ An in-depth analysis of key product segments and application spectrum, providing strategic recommendations to incumbents and new entrants to give them a competitive advantage over others.
➤ It provides a comprehensive analysis of key regions of the industry as well as a SWOT analysis and Porter's Five Forces analysis to provide a deeper understanding of the market.
➤ It helps you make strategic business decisions and investment plans.
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Highlights Reasons To Buy The Connected Car Security Solutions Market Report:-
👉 Regional report analysis highlighting the consumption of products/services in a region also shows the factors that influence the market in each region.
👉 Reports provide opportunities and threats faced by suppliers in the Connected Car Security Solutions industry around the world.
👉 The report shows regions and sectors with the fastest growth potential.
👉 A competitive environment that includes market rankings of major companies, along with new product launches, partnerships, business expansions, and acquisitions.
👉 The report provides an extensive corporate profile consisting of company overviews, company insights, product benchmarks, and SWOT analysis for key market participants.
👉 This report provides the industry's current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.
Customization of the Report: This report can be customized as per your needs for additional data for up to 5 companies or 5 countries or nearly 40 analyst hours.
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Infinity Business Insights is a market research company that offers market and business research intelligence all around the world. We are specialized in offering the services in various industry verticals to recognize their highest-value chance, address their most analytical challenges, and alter their work.
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