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Global External Cloud Automotive Cyber Security Services Market 2024 - Business Opportunities, Industry Growth, Regional Analysis And Forecast To 2033
Global External Cloud Automotive Cyber Security Services Market
As per the report, the external cloud automotive cyber security services market size has grown rapidly in recent years. It will grow from $2.23 billion in 2023 to $2.5 billion in 2024 at a compound annual growth rate (CAGR) of 12.0%. The external cloud automotive cyber security services market size is expected to see rapid growth in the next few years. It will grow to $4.07 billion in 2028 at a compound annual growth rate (CAGR) of 13.0%.
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Growing Connected Car Market Fuels Demand For External Cloud Automotive Cyber Security Services
The rising number of connected cars is expected to propel the growth of the external cloud automotive cyber security services market going forward. A connected car is a vehicle that can access the internet to connect with other vehicles through an inbuilt connectivity system. The number of connected cars and cars with smart connectivity features has been increasing recently. These cars can access the internet, but they are also vulnerable to cyber-attacks and therefore need cyber security services. For instance, according to the connected cars report by the Internet of Business, a UK-based technology news provider, the number of connected cars is expected to increase by 270% to 125 million cars in 2022. Therefore, the rising number of connected cars is driving the demand for the external cloud automotive cyber security services market growth.
Technological Advancements In Cloud Car Platform Revolutionizes Automotive Cybersecurity
Technological advancement is a key trend gaining popularity in the external cloud automotive cyber security services market. The players in the market are constantly innovating and incorporating new technologies to lead the market. For instance, in March 2022, Wipro, an India-based information technology company, launched a Cloud Car platform equipped with an end-to-end cybersecurity system. With this, car manufacturers can address software failures via over-the-air updates. The platform will decouple previously integrated hardware and software, enabling manufacturers to upgrade software at scale.
The external cloud automotive cyber security services market covered in this report is segmented -
1) By Security: Endpoint Security, Application Security, Wireless Network Security
2) By Electric Vehicle Type: Battery Electric Vehicle, Hybrid Electric Vehicle, Plug-In Hybrid Electric Vehicle
3) By Vehicle Type: Passenger Car, Commercial Vehicle
4) By Application: Telematics System, Infotainment System, Powertrain System, Body Control And Comfort System, Communication System, ADAS And Safety System
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Major companies operating in the external cloud automotive cyber security services market report are Harman International Industries, Continental AG, Denso Corporation, Aptiv PLC, Symantec Corporation, NXP Semiconductors N. V., Honeywell International Inc., Trillium Secure Inc., Escrypt GmbH, Vector Informatik GmbH, Karamba Security, Guardknox Cyber Technologies Ltd., Upstream Security Ltd., Nexor Ltd., Capgemini SE, Robert Bosch GmbH, SafeRide Technologies, Arilou Automotive Cybersecurity, Argus Cyber Security, BlackBerry, Cybellum Technologies LTD, MIRA Ltd., Majenta Solutions, BT Security, Cisco Systems Inc., Dell Technologies Inc., Fortinet Inc., International Business Machines Corporation, McAfee LLC, Microsoft Corporation, Palo Alto Networks Inc., Trend Micro Inc., Check Point Software Technologies Ltd., FireEye Inc., F-Secure Corporation, Sophos Ltd.
Contents of the report:
1. Executive Summary
2. External Cloud Automotive Cyber Security Services Market Report Structure
3. External Cloud Automotive Cyber Security Services Market Trends And Strategies
4. External Cloud Automotive Cyber Security Services Market - Macro Economic Scenario
5. External Cloud Automotive Cyber Security Services Market Size And Growth
…..
27. External Cloud Automotive Cyber Security Services Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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