Automotive Cybersecurity Market Growth, Industry Size-Share, Global Trends, Key Players Strategies and Upcoming Demand

Automotive cyber security market is expected to reach USD 7.89 billion by 2028. This means that while the market is currently standing at the value of USD 1.75 billion, for the forecast period 2021-2028, the automotive cyber security market will exhibit a CAGR of 20.73%. The analysis of various factors responsible for the same and insights about the market are provided in this report.
Cybersecurity is the process and practice designed specifically to protect computers’ networks’ programs and data from damaging or unauthorized access. Today’ Automotive industry is the biggest vertical segment in the manufacturing sector where nowadays’ connected cars are on roads. With the use of connected devices (IoT/IoE)’ security becomes one of the issues. Thus’ organizations are using security applications to protect the automobile from theft and other malware attacks.
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The endpoint security segment is expected to witness the fastest growth in Europe and Asia Pacific during the forecast period. This growth can be attributed to the increased use of mirror link apps in these regions. Increasing safety and security concerns in these regions are also likely to propel the demand for endpoint security solutions. Presently, new vehicles contain approximately 100 million lines of code and are deployed with complex software by automobile manufacturers. To maintain the safety as well as security of a vehicle's entire code base, OEMs are opting for endpoint security solutions. Moreover, the trend of a mobile workforce, BYOD, social media, and cloud synchronizing tools is expected to influence the expenditure on endpoint security solutions
The primary study includes a study of the annual and financial reports of top manufacturers; in contrast, the primary study includes extensive interviews of key opinion leaders and industry experts including experienced front-line employees, directors, CEOs and marketing executives. The percentage division, market share, growth rate and breakdown of the product market are determined using secondary sources and confirmed through primary sources.
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Highlight of Table of Content:
• Chapter 1: Market overview
• Chapter 2: Global Automotive Cybersecurity Market Analysis
• Chapter 3: Regional analysis of the Global Automotive Cybersecurity Market
• Chapter 4: Market segmentation based on types and applications
• Chapter 5: Revenue analysis based on types and applications
• Chapter 6: Market share
• Chapter 7: Competitive Landscape
• Chapter 8: Drivers, Restraints, Challenges, and Opportunities
• Chapter 9: Gross Margin and Price Analysis
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The major players covered in the automotive cyber security market report are ESCRYPT, Continental AG, Bosch Limited, HARMAN International, DENSO CORPORATION, Aptiv, Karamba Security, SafeRide Technologies, ARILOU Automotive Cyber Security, part of NNG Group, GUARDKNOX, Infineon Technologies AG, Argus Cyber Security Ltd., Intel Corporation, Lear Corporation, SBD Automotive Ltd, Honeywell International Inc., Vector Informatik GmbH, NXP Semiconductors., Capgemini and secunet among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately.
Profound Questions Answered in this Report:
 What is the growth rate of various stages in the value chain of the industry?
 Which region has the highest growth rate and size of the emerging market by value in 2022?
 Who are the competitive players in Global Automotive Cybersecurity Market?
 Which region has the largest share and degree of competition in the industry?
 What is the CAGR of the market during the forecast period 2022 to 2027?
 Which region is expected to hold the highest market share for the market?
 What is the main driver of the Automotive Cybersecurity Market?
 What is sales volume, revenue, and price analysis of top players of the market?
 What are the market opportunities and threats faced by the vendors in the industry?
What has been the impact of COVID-19 on the Automotive Cybersecurity Market?

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