The global Automotive Cybersecurity Market is projected to reach USD 8.61 billion by 2027, according to a recent report by Emergen Research. The market is driven by high-level package integration into vehicle ECUs and therefore the want for cybersecurity in connected cars has been magnified. Additionally, demanding knowledge privacy laws resulting in increasing demand for automotive cybersecurity is anticipated to spice up the expansion of the market additionally.
The report provides detailed insights into Automotive Cybersecurity market revenue trends, industry trends, consumer trends, market size, market share, market revenue growth drivers, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in Automotive Cybersecurity market size over the forecast period, 2020–2028. The report includes profiles of major Automotive Cybersecurity players in the market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials. Also included are details regarding top Automotive Cybersecurity market players, manufacturers, and vendors and the various strategies being deployed in the market and objectives for these strategies.
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Global Automotive Cybersecurity market revenue growth is primarily driven by rising focus by major companies on product portfolio expansion, entry into new and untapped domestic and international markets, rising investments my top Automotive Cybersecurity market players, manufacturers, and vendors in strategic agreements and contracts, and rapidly increasing competition in the Automotive Cybersecurity market.
In addition, rapidly rising demand and deployment in respective sectors/industries in major and developing countries is supporting growth in terms of Automotive Cybersecurity market share contribution of these countries. In addition, Automotive Cybersecurity market share contribution is expected to continue to incline steadily over the forecast period due to favorable government policies, advancements in technology, and steady economic growth across various regions and countries.
Key Highlights From The Report
- Within the cybersecurity market, the event of countermeasures is incredibly tough as a result of the shortage of standardization of cybersecurity solutions. The solutions for cybersecurity rely on the specifications given by the OEMs. These solutions vary because of the utilization of various platforms within the same vehicle model, variations within the electronic design, and totally different options within the vehicle. As a result, the automotive cybersecurity resolution suppliers face integration risks to affect threats and vulnerabilities of a vehicle.
- Autonomous vehicles are gaining unprecedented quantity of traction. The expansion of autonomous vehicles offers unequaled opportunities to cloud suppliers, OEMs, and alternative industry stakeholders to collaborate and partner with automotive firms to leverage this growth.
Top key vendors in Automotive Cybersecurity Market include are:
- Key participants Denso Corporation, Aptiv, Escrypt, Continental AG, Karamba Security, Harman International, Saferide Technologies Ltd., Trillium Secure, Inc., NXP Semiconductors and Vector Informatik Gmbh among others.
For the purpose of this report, Emergen Research has segmented into the global Automotive Cybersecurity Market on the basis of vehicle type, application and region:
- Vehicle Type Outlook (Revenue, USD Billion; 2017-2027)
- Passenger Vehicle
- Commercial Vehicle
- Electric Vehicle
- Application Outlook (Revenue, USD Billion; 2017-2027)
- ADAS and Safety
- Infotainment System
- Powertrain System
- Body Control and Comfort
- Telematics System
- Security Type Outlook (Revenue, USD Billion; 2017-2027)
- Endpoint Security
- Application Security
- Wireless Network Security
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In terms of Automotive Cybersecurity market share and revenue contribution to the global Automotive Cybersecurity market, North America is expected to maintain its dominance over other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting rapid increase in Automotive Cybersecurity market share.
The market intelligence report on the Automotive Cybersecurity Industry also includes an extensive investigation of the competitive landscape. It assesses the business and marketing strategies expected to be present in the market through the forecast years. It also includes an investigation of the recent advancements and other factors driving the growth of the overall market to help comprehend the progress of the companies in the coming years.
Region wise performance of the Automotive Cybersecurity industry
North America Automotive Cybersecurity market revenue growth was relatively higher than that of other regional markets in 2020. North America Automotive Cybersecurity market revenue is expected to continue to remain dominant over the forecast period, supported by robust presence of top market players, manufacturers, and vendors, and favorable government policies and norms in countries in the region.
Asia Pacific Automotive Cybersecurity market revenue registered fastest growth rate in 2020, and this trend is expected to continue over the forecast period. Asia Pacific Automotive Cybersecurity market revenue growth is driven by significant market revenue contribution from China, India, and South Korea. China is a robust hub for top Automotive Cybersecurity market players, manufacturers, and vendors, as well as easy access to raw materials and workforce at more economical costs that that of other regional markets.
Europe Automotive Cybersecurity market revenue is expected to continue to remain steady over the forecast period, attributed to changing trends in various market and robust focus on research and development initiatives by top market players, manufacturers, and vendors to expand global footprint and drive revenues and profits.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Southeast Asia
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
We can customize our reports for our customers, for instance, we can add or remove manufacturers, applications or product types, whatever you need in the report. Ask for it by contacting [email protected] https://www.emergenresearch.com/request-for-customization/117
The research provides answers to the following key questions:
- What will be the growth rate and the market size of the Automotive Cybersecurity industry for the forecast period 2020-2027?
- What are the major driving forces expected to impact the development of the Automotive Cybersecurity market across different regions?
- Who are the major driving forces expected to decide the fate of the Automotive Cybersecurity industry worldwide?
- Who are the prominent market players making a mark in the Automotive Cybersecurity market with their winning strategies?
- Which Automotive Cybersecurity industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
- What are the key barriers and threats believed to hinder the development of the industry?
- What are the future opportunities in the Automotive Cybersecurity market?
Table of Content
Chapter 1. Methodology & Sources
1.1. Automotive Cybersecurity Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Automotive Cybersecurity Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Automotive Cybersecurity Market Segmentation & Impact Analysis
4.1. Automotive Cybersecurity Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Automotive Cybersecurity Market indicators analysis
4.2.2. Automotive Cybersecurity Market drivers analysis
126.96.36.199. Rapid urbanization and industrialization
188.8.131.52. Stringent government regulations regarding carbon emissions
184.108.40.206. Increasing prevalence of respiratory diseases
220.127.116.11. Rising need to enhance indoor air quality
4.2.3. Automotive Cybersecurity Market restraints analysis
18.104.22.168. High cost associated with the maintenance of Automotive Cybersecurity products
22.214.171.124. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 10. Competitive Landscape
10.1. Automotive Cybersecurity Market Revenue Share By Manufacturers
10.2. Mergers & Acquisitions
10.3. Competitor’s Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw Material Suppliers
10.5.1.1. North America
10.5.1.3. Asia Pacific
10.5.1.4. Middle East & Africa
10.5.1.5. Latin America
10.5.2.1. North America
10.5.2.3. Asia Pacific
10.5.2.4. Middle East & Africa
10.5.2.5. Latin America
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