Global Cybersecurity For Cars Market Overview:
A vehicle with connection points to outside external networks, including the Internet, is the concept of the next-generation vehicles called the Connected Car. Information and communication technology (ICT) is a key driver for the expansions and enabler of connectivity and autonomy in vehicles. This has led to the development of connected vehicles utilizing cellular, Wi-Fi, and Bluetooth as transport mediums and platforms such as Android Auto. Computer attacks are now danger for car drivers, owners, dealers, manufacturers, and suppliers. Vehicle to vehicle and vehicle to infrastructure communications, and developments in autonomous driving add computer security and data confidentiality to reliability and safety.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 20 |
Forecast Period | 2023-2028 |
Historical Period | 2018-20 |
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:
Technological Development in Autonomous Vehicle Space
Market Growth Drivers:
Increasing Number of Connected Cars and Rising Demand of Security in Connected Car System
Challenges:
Legal and Regulation Reinforced To Establish A Collective Pressure to Improve Protection
Restraints:
High Cost Involved in Automotive Cyber Security
Opportunities:
Growing Cloud-Based Applications in the Automotive Industry
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 Infineon Technologies AG (Germany), Argus Cyber Security (Israel), Intel Corporation (United States), Trillium Inc. (United States), Harman International Industries, Inc. (United States), Delphi Automotive PLC (Ireland), Lear Corporation (United States), SBD Automotive (United Kingdom), Ncc Group (United States), Arilou Technologies (Israel), Karamba Security (United States) and ESCRYPT GmbH (Germany). Analyst at AMA Research see United States Players to retain maximum share of Global Cybersecurity For Cars market by 2028. Considering Market by Automotive Networks, the sub-segment i.e. Local Interconnect Network (LIN) will boost the Cybersecurity For Cars market.
Latest Market Insights:
In August 2023, Aptiv and Delphi have announced a partnership to develop secure autonomous vehicles. The two companies will work together to develop new technologies and standards for protecting autonomous vehicles from cyberattacks. The partnership is expected to help accelerate the development of safe and secure autonomous vehicles.
In October 2023, Argus Cyber Security, a leading provider of in-vehicle cybersecurity solutions, and Cymotive Systems, a pioneer in automotive cybersecurity risk assessment and mitigation, announced a strategic partnership to provide comprehensive vehicle cybersecurity solutions for automakers and Tier 1 suppliers. The partnership will combine Argus's expertise in in-vehicle cybersecurity with Cymotive's risk assessment and mitigation capabilities to offer a holistic approach to vehicle cybersecurity.
What Can be Explored with the Cybersecurity For Cars Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Cybersecurity For Cars Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Cybersecurity For Cars
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 Cybersecurity For Cars 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 Cybersecurity For Cars 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 Service Provider of Cybersecurity for Cars, Solution Providers of Automotive Cybersecurity, Automobile Industry, Regulatory Bodies and Governmental Bodies.
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.