Automotive Cyber SecurityMarket Overview:
The global report on the automotivecyber security market is slated to cross USD 32 million after achieving aCAGR of 9% during the forecast period of 2018 to 2023. Market Research Future(MRFR) made a comprehensive analysis of the market to understand factors thatcan 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 areexpected to bolster the market.
However, these technologies areexpensive and high-end cars are mostly equipped with such technologies, whichshows the market’s growth capacity is pretty limited.
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Segmentation:
The global study of theautomotive cyber security market has been segmented by MRFR analysts on thebasis of security type, vehicle type, and application. These three segmentswould provide data, gleaned by experts, to help in developing tacticalmechanisms that can inspire trends and affect the market outcome.
By security type, the global understandingof the automotive cyber security market has been segmented into networksecurity, application security, endpoint security, cloud security, and wirelesssecurity.
By vehicle type, the study of theautomotive cyber security market includes passenger cars and commercial cars.Due to personal safety preferences, the passenger segment may recordsubstantial growth.
By application, the report on theautomotive cyber security market comprises segments like telematics, onboarddiagnostics (OBD), communication channels, infotainment, powertrain, safetysystems, and others,
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Regional Analysis:
North America is slated to emergeas the leader in the automotive cyber security market. This is due to theinclusion of advanced technical support for cyber security in the automotiveindustry.
Competitive Landscape:
Harman International Industries,Inc. (U.S.), Argus Cyber Security (Israel), Intel Corporation (U.S.), CiscoSystems Inc. (U.S.), Karamba Security (Israel), Intel Corporation (U.S.), NNGSoftware Developing And Commercial Llc. (Hungary), Escrypt Embedded Systems(Germany), NXP Semiconductors N.V. (Netherlands), Secunet AG (Germany), andothers influence the global market for automotive cyber security. Thesecompanies undertake various strategic moves to make sure the market profits. Intheir attempts, they include various measures that give way to understandingrelated to trends and prospects.
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About Market Research Future:
Market Research Future (MRFR) isa global market research firm that takes great pleasure in its services,providing a detailed and reliable study of diverse industries and consumersworldwide. MRFR's methodology integrates proprietary information with differentdata sources to provide the client with a comprehensive understanding of thecurrent key trends, upcoming events, and the steps to be taken based on thoseaspects.
Our rapidly expanding marketresearch company is assisted by a competent team of research analysts whoprovide useful analytics and data on technological and economic developments.Our deemed analysts make industrial visits and collect valuable informationfrom influential market players. Our main goal is to keep our clients informedof new opportunities and challenges in various markets. We offer step-by-stepassistance to our valued clients through strategic and consulting services toreach managerial and actionable decisions.
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