Global Automotive Cloud Cybersecurity Market Overview:
The automotive cloud cybersecurity industry is expected to increase in tandem with rising car production and safety standards around the world. Connected vehicle features, in which automobiles are connected to software, are being introduced by major vehicle manufacturers around the world, which is projected to raise demand for cloud cybersecurity in vehicles. The global automotive cloud cybersecurity market is also being fueled by an increase in demand for advanced driver assistance systems in vehicles.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increasing Technological Advancement and Electronics Content Inside the Vehicles
Market Growth Drivers:
Rise in Vehicle Production Integrated With Growing Safety Standards across the Globe and Growing Support from the Government Regulatory Bodies for Vehicle Protection and Security
Challenges:
Development of Necessary Software Development Process for Automobile Manufacturers
Restraints:
High Cost Associated with the Automotive Cybersecurity
Opportunities:
Rising the Demand for Connected and Autonomous Vehicles and Adoption of Connected Vehicle Technologies and Increase in the Sale of Luxury Vehicles
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Upstream Security Ltd. (Israel), Robert Bosch GmbH (Germany), Embitel (India), Capgemini (France), Arxan Technologies (United States), Centri (United States), Mocana (United States), Aptiv Inc. (Ireland), Dellfer (United States), Argus Cyber Security (Israel), Continental AG (Germany), NIVIDIA (United States) and GuardKnox (Israel). Additionally, following companies can also be profiled that are part of our coverage like Harman International (United States), Intertrust (Netherlands) and Denso Corporation (Japan). Analyst at AMA Research see Global Vendors to retain maximum share of Global Automotive Cloud Cybersecurity market by 2028. Considering Market by Vehicle, the sub-segment i.e. Passenger Vehicle will boost the Automotive Cloud Cybersecurity market. Considering Market by Form, the sub-segment i.e. In-Vehicle will boost the Automotive Cloud Cybersecurity market. Considering Market by Connectivity, the sub-segment i.e. Wi-Fi will boost the Automotive Cloud Cybersecurity market. Considering Market by Security, the sub-segment i.e. Application will boost the Automotive Cloud Cybersecurity market.
Latest Market Insights:
On Mar 23, 2021, Panasonic Corporation and McAfee Co., Ltd. have agreed to jointly start building a Vehicle Security Operation Center (hereinafter, Vehicle SOC) to commercialize vehicle security monitoring services. To protect connected vehicles around the world against cyber-attacks, the companies will build vehicle SOCs that enable accurate detection and early response to attacks and help strengthen Cybersecurity measures in the automotive industry.
On Oct. 14, 2020, C2A Security announced the launch of its flagship cybersecurity product, AutoSec, the first-ever comprehensive cybersecurity lifecycle management platform. AutoSec meets the rapidly-evolving challenges of vehicle cybersecurity with an open platform that empowers industry stakeholders to identify and mitigate cyber-attacks.
What Can be Explored with the Automotive Cloud Cybersecurity Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Automotive Cloud Cybersecurity Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Automotive Cloud Cybersecurity
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Automotive Cloud Cybersecurity market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Automotive Cloud Cybersecurity market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Automotive Cloud Cybersecurity Provider, Government Regulatory and Research Organizations, End-Use Industries and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.