According to a market report by Lucintel, the future of the automotive cyber security market looks promising with opportunities in the passenger car, light commercial vehicles, and electric vehicle markets. The automotive cyber security market is expected to grow with a CAGR of 13% from 2019 to 2024. The major drivers for this market are growing demand for connected cars and electronic content per vehicle, government regulation on vehicle data protection, and increasing use of cloud-based applications in e-mobility.
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Within the automotive cyber security market, telematics, OBD, infotainment, communication channels, powertrain, and safety systems are the major applications. Powertrain is the largest application segment for the automotive cyber security market.
Network security, endpoint security, application security, wireless security, and cloud security are the major security types of the cyber security market.
Asia Pacific will remain the largest region over the forecast period due to increase in vehicle production, changing in-vehicle electronic architecture, increasing in-vehicle services connected to external cloud, and expansion of leading OEMs and automotive component suppliers.
Infineon Technologies, Harman International, Argus Cyber Security, Delphi Automotive, Intel Corporation, Lear Corporation, Trillium, SBD Automotive & Ncc Group, Karamba Security, Escrypt, and Arilou Technologies are among the major players of the automotive cyber security.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the automotive cyber security market by security type, by application, by end use, and by region. Lucintel has prepared a comprehensive research report titled "Automotive Cyber Security Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the automotive cyber security market by security type, by application, by end use, and by region as follows:
By Security Type [$M shipment analysis for 2013 – 2024]
Network security
Endpoint security
Application security
Wireless security
Cloud security
By Application [$M shipment analysis for 2013 – 2024]
Telematics
OBD
Infotainment
Communication channels
Powertrain
Safety systems
Others
By End Use [$M shipment analysis for 2013 – 2024]
Passenger Car
Small cars
Compact cars
Mid-Sized cars
Luxury cars
SUVs & Crossovers
Light Commercial Vehicle
By Region [$M shipment analysis for 2013 – 2024]
North America
Europe
Germany
Russia
France
United Kingdom
Italy
Asia Pacific
Japan
India
South Korea
Indonesia
China
The Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/automotive-cyber-security-market.aspx or helpdesk@lucintel.com.
About Lucintel
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