Automotive Cyber Security Market Size SWOT analysis, key indicators, forecast to 2023

Overview:

The global report on the automotive cyber security market is slated to cross USD 32 million after achieving a CAGR of 9% during the forecast period of 2018 to 2023. Market Research Future (MRFR) made a comprehensive analysis of the market to understand factors that can bolster this growth. Among these, the rising demand for personal vehicles, better integration of technologies, hike in research-related investment, growing demand for smart cars and threats associated with it, and others are expected to bolster the market.

However, these technologies are expensive and high-end cars are mostly equipped with such technologies, which shows the market’s growth capacity is pretty limited.

TO UNDERSTAND HOW COVID-19 IMPACT IS COVERED IN THIS REPORT - REQUEST SAMPLE @ https://www.marketresearchfuture.com/sample_request/2970

Segmentation:

The global study of the automotive cyber security market has been segmented by MRFR analysts on the basis of security type, vehicle type, and application. These three segments would provide data, gleaned by experts, to help in developing tactical mechanisms that can inspire trends and affect the market outcome.

By security type, the global understanding of the automotive cyber security market has been segmented into network security, application security, endpoint security, cloud security, and wireless security.

By vehicle type, the study of the automotive cyber security market includes passenger cars and commercial cars. Due to personal safety preferences, the passenger segment may record substantial growth.

By application, the report on the automotive cyber security market comprises segments like telematics, onboard diagnostics (OBD), communication channels, infotainment, powertrain, safety systems, and others,

New Business Strategies, Challenges & Policies are mentioned in Table of Content, Inquire Now (Kindly Use Your Business/Corporate Email Id) @ https://www.marketresearchfuture.com/enquiry/2970

Regional Analysis:

North America is slated to emerge as the leader in the automotive cyber security market. This is due to the inclusion of advanced technical support for cyber security in the automotive industry.

Competitive Landscape:

Harman International Industries, Inc. (U.S.), Argus Cyber Security (Israel), Intel Corporation (U.S.), Cisco Systems Inc. (U.S.), Karamba Security (Israel), Intel Corporation (U.S.), NNG Software Developing And Commercial Llc. (Hungary), Escrypt Embedded Systems (Germany), NXP Semiconductors N.V. (Netherlands), Secunet AG (Germany), and others influence the global market for automotive cyber security. These companies undertake various strategic moves to make sure the market profits. In their attempts, they include various measures that give way to understanding related to trends and prospects.

Industry News:

In August 2020, Green Hills Software, a company known across the world as a provider of embedded safety and security, and Argus Cyber Security, a company with a substantial reputation in automotive cybersecurity, announced the membership of the latter into the Green Hills ecosystem of top-notch technology providers. The partnership is now expected to get support from a successful automotive customer collaboration where the Argus Control Flow Integrity product has been integrated to work with Green Hills Software’s best-in-class C/C++ compiler.

In August 2020, Cybellium, an Israeli automotive cybersecurity risk assessment startup, announced that it had raised a $12 million Series A round. This financing round was led by RSBG Ventures GmbH where other investments came from Cybellum’s existing investors, Blumberg Capital and Target Global. This investment will help Cybellum to boost growth through marketing, expanded sales, and engineering programs. This will also enable the adoption of Cybellum’s Risk Assessment platform and Digital Twin approach by industries where they would be able to scale vulnerability management operations.

This growth in the automotive cyber security market may find some slump due to the fall in automotive sales triggered by the COVID-19 pandemic. However, the restoring of the financial state in various countries can bring back the market on its foot after some initial hiccups.

Don't miss out on business opportunities in Market. Buy Now and gain crucial industry insights that will help your business grow @ https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=2970

About Market Research Future:

Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.

Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.

Contact Us:

Market Research Future

Office No. 524/528, Amanora Chambers

Magarpatta Road, Hadapsar

Pune - 411028

Maharashtra, India

+1 646 845 9312

Email: sales@marketresearchfuture.com

Related Reports:

https://www.techsite.io/p/1933043/t/agricultural-tractors-market-analysis-of-key-players-end-user-demand-and-consumption-by-2025

https://telegra.ph/Agricultural-Tractors-Market-2021-2025-Emerging-Trends-Size--Share-In-Depth-Analysis-and-Business-Strategies-01-28

https://marketresearchandgrowthforecast.blogspot.com/2021/01/agricultural-tractors-market-share.html