Automotive Cybersecurity Market - SINGLE USER

Automotive Cybersecurity Market - SINGLE USER

Global Automotive Cybersecurity Market: Focus on Cybersecurity Solution for Passenger Vehicles and Commercial Vehicles and Automotive OEMs Spending on Cybersecurity– Analysis and Forecast, 2019-2029

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Key Questions Answered in the Report:

• What is the expected global automotive cybersecurity market size in terms of revenue during the forecast period, 2019-2029?
• Which global factors, such as market drivers, challenges, and opportunities are expected to influence the automotive cybersecurity industry?
• How much revenue is expected to be generated by:
o different types of products - intrusion detection system (IDS) and intrusion detection and prevention system (IDPS)?
o different types of vehicles - passenger vehicles and commercial vehicles?
o different regions namely North America, Europe, Asia-Pacific, and Rest-of-the-World (RoW)?
• How much did key OEMs spend on automotive cybersecurity in 2018, and how much and they expected to spend by 2029?
• Which companies are major players in the automotive cybersecurity market? What are the key market strategies being adopted by them?
Global Automotive Cybersecurity Market Forecast, 2019-2029
The Automotive Cybersecurity Industry Analysis by BIS Research projects the market to grow at a significant CAGR of 14.25% during the forecast period from 2019 to 2029. The automotive cybersecurity market size is estimated at $1.26 billion in 2018. The APAC region dominated the global automotive cybersecurity market in 2018, and it is expected to have the highest growth rate during the forecast period.
The automotive cybersecurity market is driven by several factors such as rise in number of connected vehicles, increasing electronic content per vehicle, and rise in cyber threat owing to increase in data and connectivity in the vehicles. However, highly complex ecosystem with the presence of multiple stakeholders limits the market growth.
Moreover, factors such as increasing implementation of mobility-as-a-service (MaaS) and vehicle platooning, increasing application of automotive cloud to store and share data and over-the-air software update, and rising demand for advance cybersecurity solution with the increase in level of autonomy are anticipated to create numerous opportunities for the market growth.
Expert Quote on Automotive Cybersecurity Market
"The passenger vehicle segment dominated the global automotive cybersecurity market. This is mainly due to the increasing number of connected and autonomous cars in the developed as well as developing regions, which offers connectivity and ADAS features. Moreover, APAC was the largest market in 2018 and is anticipate to maintain its dominance throughout the forecast period owing to the presence of large number of manufacturing facility of automotive OEMs and increasing number of connected vehicle in the region."
Scope of the Market Intelligence on Global Automotive Cybersecurity Market
The report constitutes of an in-depth study of the global automotive cybersecurity market, including a thorough analysis of the types of products and vehicle type. The study also presents a detailed analysis of the market dynamics and the estimation of the market size over the forecast period 2019-2029. The scope of this report is focused on the different product type and vehicle type catering to automotive cybersecurity for different regions. The industry analysis presents a detailed insight about the major market players in the global automotive cybersecurity market using the value chain analysis.
The market analysis includes an in-depth examination of the key ecosystem players and key strategies and developments taking place in this market. It includes the market dynamics (market drivers, opportunities, and challenges) and industry analysis. The purpose of the study is to gain a holistic view of the global automotive cybersecurity market in terms of various factors influencing it. The market has been segmented into ‘product type’, ‘vehicle type, and ‘regions’.
Market Segmentation
The automotive cybersecurity market segmentation (on the basis of product type) is further categorized into intrusion detection system (IDS) and intrusion detection and prevention system (IDPS). The IDPS dominated the global automotive cybersecurity market in 2018 and is anticipated to maintain its dominance throughout the forecast period (2019-2029).
The automotive cybersecurity market segmentation on the basis of vehicle type is segregated into passenger vehicles and commercial vehicles. The passenger vehicles segment dominated the global automotive cybersecurity market in 2018 and is anticipated to maintain its dominance throughout the forecast period.
The automotive cybersecurity market segmentation by region is segregated under four major regions, such as North America, Europe, APAC, and Rest-of-the-World. Data for each of these regions is provided by product type, by vehicle type and by country.
Key Companies in the Automotive Cybersecurity Industry
The key market players in the global automotive cybersecurity system market include Argus Cyber Security, Harman International, Karamba Security, Symantec Corporation, Trillium Secure, ESCRYPT, and ARILOU Automotive Cyber Security, among others.
Executive Summary
1 Market Overview and Definition
1.1 Connected Vehicles
1.1.1 Types of Connectivity
1.1.1.1 Vehicle-to-Vehicle (V2V) Communication
1.1.1.2 Vehicle-to-Infrastructure (V2I) Communication
1.1.1.3 Vehicle-to-Pedestrian (V2P) Communication
1.1.1.4 Vehicle-to- Grid and Vehicle-to-Home Communication
1.1.2 Attack Surface
1.2 Major Cyber-attack on Vehicles
1.3 Consortiums and Associations

2 Market Dynamics
2.1 Market Drivers
2.1.1 Increasing Number of Connected Vehicles
2.1.1.1 Growing Emphasis Toward Road Safety
2.1.1.2 Increasing Government Focus on Streamlined Traffic Infrastructure
2.1.1.3 Increasing Push from Governments to Develop Connected and Autonomous Infrastructure
2.1.2 Rising Cyber Threat Owing to Increase in Data and Connectivity of the Vehicles
2.1.3 Increasing Number of Electronic Component in the Vehicle
2.1.4 Impact of Market Drivers
2.2 Market Restraint
2.2.1 Highly Complex Ecosystem With Presence of Multiple Stakeholders
2.2.2 Impact of Market Restraint
2.3 Market Opportunities
2.3.1 Increasing Implementation of MaaS and Vehicle Platooning
2.3.2 Increasing Application of Automotive Cloud to Store and Share Data and Over-the-Air Software Update
2.3.3 High Demand for Advance Cybersecurity Solution with Increase in Level of Autonomy
3 Industry Analysis
3.1 Overview
3.2 Value Chain Analysis
3.3 Regulatory Landscape
3.3.1 Current Laws and Regulatory Bodies Related to Connected and Autonomous Vehicles, by Country
3.3.2 Current Laws and Regulatory Bodies Related to Testing or Experimentation of Connected and Autonomous Vehicles, by Country
3.3.3 Regulatory Agencies for Driverless Vehicle
3.4 Key Bodies Working Towards the Development of Automotive Cybersecurity Solution
4 Competitive Landscape
4.1 Key Players Operating in the Automotive Cybersecurity Market
4.2 Key Market Strategies and Developments
4.2.1 Introduction
4.2.2 Mergers/Partnerships/Collaborations
4.2.3 Others (Business Awards and Achievements, Funding, etc.)
4.2.4 Product Launches and Developments and Business Expansion
4.2.5 Acquisitions
4.3 Competitive Benchmarking
5 Global Automotive Cybersecurity Market Analysis and Forecast
5.1 Assumptions and Limitations for Market Size Calculations
6 Global Automotive Cybersecurity Market by Product Type
6.1 Introduction
6.2 Intrusion Detection System (IDS)
6.2.1 Intrusion Detection System-Based Cybersecurity Solution Market, by Region
6.3 Intrusion Detection and Prevention System (IDPS)
6.3.1 Global Intrusion Detection and Prevention System-Based Cybersecurity Solution Market, by Region
7 Global Automotive Cybersecurity Market by Vehicle Type
7.1 Introduction
7.2 Passenger Vehicles
7.2.1 Passenger Vehicle Cybersecurity Market, by Region
7.3 Commercial Vehicles
7.3.1 Commercial Vehicles Cybersecurity Market, by Region
8 Global Automotive Cybersecurity Market by Region
8.1 North America
8.1.1 North America Automotive Cybersecurity Market Size, by Automotive OEMs
8.1.1.1 Automotive OEMs Spending in North America on Automotive Cybersecurity
8.1.1.2 Audi Spending on Automotive Cybersecurity in North America, by Country
8.1.1.3 BMW Spending on Automotive Cybersecurity in North America, by Country
8.1.1.4 Nissan Spending on Automotive Cybersecurity in North America, by Country
8.1.1.5 Daimler AG Spending on Automotive Cybersecurity in North America by Country
8.1.1.6 Toyota Spending on Automotive Cybersecurity in North America by Country
8.1.1.7 Ford Spending on Automotive Cybersecurity in North America by Country
8.1.2 North America Automotive Cybersecurity Market Size, by Product Type
8.1.3 North America Automotive Cybersecurity Market Size by Vehicle Type
8.1.4 North America Automotive Cybersecurity Market Size, by Country
8.1.4.1 U.S.
8.1.4.2 Canada
8.1.4.3 Mexico
8.2 Europe
8.2.1 Europe Automotive Cybersecurity Market Size by Automotive OEMs
8.2.1.1 Automotive OEMs Spending on Automotive Cybersecurity in Europe
8.2.1.2 Audi Spending on Automotive Cybersecurity in Europe, by Country
8.2.1.3 BMW Spending on Automotive Cybersecurity in Europe, by Country
8.2.1.4 Nissan Spending on Automotive Cybersecurity in Europe by Country
8.2.1.5 Daimler AG Spending on Automotive Cybersecurity in Europe by Country
8.2.1.6 Renault Spending on Automotive Cybersecurity in Europe by Country
8.2.1.7 Toyota Spending on Automotive Cybersecurity in Europe by Country
8.2.1.8 Ford Spending on Automotive Cybersecurity in North America by Country
8.2.2 Europe Automotive Cybersecurity Market Size by Product Type
8.2.3 Europe Automotive Cybersecurity Market Size, by Vehicle Type
8.2.4 Europe Automotive Cybersecurity Market Size, by Country
8.2.4.1 Germany
8.2.4.2 Spain
8.2.4.3 France
8.2.4.4 U.K.
8.2.4.5 Rest-of-the-Europe
8.3 Asia-Pacific (APAC)
8.3.1 APAC Automotive Cybersecurity Market Size, by Automotive OEMs
8.3.1.1 Automotive OEMs Spending on Automotive Cybersecurity in APAC
8.3.1.2 Audi Spending on Automotive Cybersecurity in APAC, by Country
8.3.1.3 BMW Spending on Automotive Cybersecurity in APAC by Country
8.3.1.4 Nissan Spending on Automotive Cybersecurity in APAC by Country
8.3.1.5 Daimler AG Spending on Automotive Cybersecurity in APAC by Country
8.3.1.6 Renault Spending on Automotive Cybersecurity in APAC, by Country
8.3.1.7 Toyota Spending on Automotive Cybersecurity in APAC by Country
8.3.1.8 Ford Spending on Automotive Cybersecurity in APAC, by Country
8.3.2 APAC Automotive Cybersecurity Market Size, by Product Type
8.3.3 APAC Automotive Cybersecurity Market Size by Vehicle Type
8.3.4 APAC Automotive Cybersecurity Market Size, by Country
8.3.4.1 China
8.3.4.2 Japan
8.3.4.3 India
8.3.4.4 South Korea
8.3.4.5 Rest-of-the-APAC
8.4 Rest-of-the-World (RoW)
8.4.1 RoW Automotive Cybersecurity Market Size, by Automotive OEMs
8.4.1.1 Automotive OEMs Spending on Automotive Cybersecurity in RoW
8.4.1.2 Audi Spending on Automotive Cybersecurity in RoW, by Country
8.4.1.3 BMW Spending on Automotive Cybersecurity in RoW by Country
8.4.1.4 Daimler AG Spending on Automotive Cybersecurity in RoW by Country
8.4.1.5 Renault Spending on Automotive Cybersecurity in RoW, by Country
8.4.1.6 Toyota Spending on Automotive Cybersecurity in RoW, by Country
8.4.1.7 Ford Spending on Automotive Cybersecurity in RoW, by Country
8.4.2 RoW Automotive Cybersecurity Market Size, by Product Type
8.4.3 RoW Automotive Cybersecurity Market Size, by Vehicle Type
8.4.4 RoW Automotive Cybersecurity Market Size by Region
8.4.4.1 Middle East and Africa (MEA)
8.4.4.2 Latin America
9 Research Scope and Methodology
9.1 Scope of the Report
9.2 Automotive Cybersecurity Market Methodology
List of Tables
Table 2.1: Impact of Market Drivers
Table 2.2: Impact of Market Restraint
Table 3.1: Current Laws and Regulatory Bodies Related to Connected and Autonomous Vehicles, by Country
Table 3.2: Current Laws and Regulatory Bodies Related to Testing or Experimentation of Connected and Autonomous Vehicles, by Country
Table 3.3: Regulatory Agencies for Driverless Vehicle
Table 4.1: Automotive Cybersecurity Solution Providers
Table 4.2: Benchmarking Parameters and Weightage Parameters
Table 4.3: Automotive Cybersecurity Players Ranking
Table 6.1: Global Intrusion Detection based Cybersecurity Solution Market Size (by Region), $Million, 2018- 2029
Table 6.2: Global Intrusion Detection and Prevention System-Based Cybersecurity Solution Market Size (by Region), $Million, 2018- 2029
Table 7.1: Global Passenger Vehicle Cybersecurity Market Size (by Region), $Million, 2018- 2029
Table 7.2: Global Commercial Vehicles Cybersecurity Market Size (by Region), $Million, 2018- 2029
Table 8.1: Global Automotive Cybersecurity Market Size, (by Region), $Million, 2018-2029
Table 8.2: Automotive OEMs Spending in North America on Automotive Cybersecurity, $Million, 2018 and 2029
Table 8.3: Audi Spending on Automotive Cybersecurity in North America (by Country), $Million, 2018 and 2029
Table 8.4: BMW Spending on Automotive Cybersecurity in North America (by Country), $Thousand, 2018 and 2029
Table 8.5: Nissan Spending on Automotive Cybersecurity in North America (by Country), $Million, 2018 and 2029
Table 8.6: Daimler AG Spending on Automotive Cybersecurity in North America (by Country), $Thousand, 2018 and 2029
Table 8.7: Toyota Spending on Automotive Cybersecurity in North America (by Country), $Million, 2018 and 2029
Table 8.8: Ford Spending on Automotive Cybersecurity in North America (by Country), $Million, 2018 and 2029
Table 8.9: North America Automotive Cybersecurity Market (by Country), $Million, 2018-2029
Table 8.10: Automotive OEMs Spending in Europe on Automotive Cybersecurity, $Million, 2018 and 2029
Table 8.11: Audi Spending on Automotive Cybersecurity in Europe (by Country), $Million, 2018 and 2029
Table 8.12: BMW Spending on Automotive Cybersecurity in Europe (by Country), $Million, 2018 and 2029
Table 8.13: Nissan Spending on Automotive Cybersecurity in Europe (by Country), $Million, 2018 and 2029
Table 8.14: Nissan Spending on Automotive Cybersecurity in Europe (by Country), $Thousand, 2018 and 2029
Table 8.15: Renault Spending on Automotive Cybersecurity in Europe (by Country), $Million, 2018 and 2029
Table 8.16: Toyota Spending on Automotive Cybersecurity in Europe (by Country), $Million, 2018 and 2029
Table 8.17: Ford Spending on Automotive Cybersecurity in North America (by Country), $Million, 2018 and 2029
Table 8.18: Europe Automotive Cybersecurity Market (by Country), $Million, 2018-2029
Table 8.19: Automotive OEMs Spending on Automotive Cybersecurity in APAC, $Million, 2018 and 2029
Table 8.20: Audi Spending on Automotive Cybersecurity in APAC (by Country), $Million, 2018 and 2029
Table 8.21: BMW Spending on Automotive Cybersecurity in APAC (by Country), $Thousand, 2018 and 2029
Table 8.22: Nissan Spending on Automotive Cybersecurity in APAC (by Country), $Million, 2018 and 2029
Table 8.23: Daimler AG Spending on Automotive Cybersecurity in APAC (by Country), $Million, 2018 and 2029
Table 8.24: Renault Spending on Automotive Cybersecurity in APAC (by Country), $Million, 2018 and 2029
Table 8.25: Toyota Spending on Automotive Cybersecurity in APAC (by Country), $Million, 2018 and 2029
Table 8.26: Ford Spending on Automotive Cybersecurity in APAC (by Country), $Thousand, 2018 and 2029
Table 8.27: APAC Automotive Cybersecurity Market (by Country), $Million, 2018-2029
Table 8.28: Automotive OEMs Spending on Automotive Cybersecurity in RoW, $Million, 2018 and 2029
Table 8.29: Audi Spending on Automotive Cybersecurity in RoW (by Country), $Thousand, 2018 and 2029
Table 8.30: BMW Spending on Automotive Cybersecurity in RoW (by Country), $Thousand, 2018 and 2029
Table 8.31: Daimler AG Spending on Automotive Cybersecurity in RoW (by Country), $Thousand, 2018 and 2029
Table 8.32: Renault Spending on Automotive Cybersecurity in RoW (by Country), $Million, 2018 and 2029
Table 8.33: Toyota Spending on Automotive Cybersecurity in RoW (by Country), $Thousand, 2018 and 2029
Table 8.34: Ford Spending on Automotive Cybersecurity in RoW (by Country), $Million, 2018 and 2029
Table 8.35: RoW Automotive Cybersecurity Market (by Region), $Million, 2018-2029
List of Figures
Figure 1: Global Passenger Car and Commercial Vehicle Production, Million Units, 2011-2018
Figure 2: Global Automotive Cybersecurity Market Snapshot
Figure 3: Global Automotive Cybersecurity Market Size (by Product Type), $Million, 2018, 2019 and 2029
Figure 4: Global Automotive Cybersecurity Market Size (by Vehicle Type), $Million, 2018, 2019 and 2029
Figure 5: Global Automotive Cybersecurity Market Size (by Region), $Million, 2018
Figure 1.1: Connected Vehicle Ecosystem
Figure 1.2: Vehicle-to-X Communication and Use Cases
Figure 1.3: Vehicle-to-Infrastructure (V2I) Communication
Figure 1.4: Vehicle-to-Pedestrian Communication
Figure 1.5: Vehicle-to-Grid (V2G) and Vehicle-to-Home (V2H) Communication
Figure 1.6: Attack Surfaces for Connected Vehicles
Figure 1.7: Threats in Connected Vehicle Ecosystem
Figure 1.8: Key Vehicle Hacking Instance
Figure 1.9: Consortiums and Associations
Figure 2.1: Market Dynamics
Figure 2.2: Connected Vehicle Penetration
Figure 2.3: Electronic Content in the Vehicles
Figure 2.4: Integration of Cloud with Connected Vehicles
Figure 3.1: Value Chain Analysis
Figure 4.1: Share of Key Market Strategies and Developments
Figure 4.2: Mergers/Partnerships/Collaborations, by Automotive Cybersecurity Provider
Figure 4.3: Others (Business Awards and Achievements, Funding, etc.), by Automotive Cybersecurity Provider
Figure 4.4: Product Launches and Developments and Business Expansion, by Automotive Cybersecurity Provider
Figure 4.5: Acquisitions, by Automotive Cybersecurity Provider
Figure 6.1: Automotive Cybersecurity Market (by Product Type) Scope
Figure 6.2: Intrusion Detection System vs. Intrusion Prevention System
Figure 6.3: Global Automotive Cybersecurity Market (by Product Type), $Million, 2018, 2019, and 2029
Figure 6.4: Intrusion Detection System
Figure 6.5: Global Intrusion Detection System-Based Cybersecurity Solution Market Size, $Million, 2018-2029
Figure 6.6: Global Intrusion Detection-Based Cybersecurity Solution Market Size (by Region), $Million, 2018 and 2029
Figure 6.7: Intrusion Detection and Prevention System (IDPS)
Figure 6.8: Global Intrusion Detection and Prevention System-Based Cybersecurity Solution Market Size, $Billion, 2018-2029
Figure 6.9: Global Intrusion Detection and Prevention System-Based Cybersecurity Solution Market Size (by Region), $Million, 2018 and 2029
Figure 7.1: Automotive Cybersecurity (by Vehicle Type) Scope
Figure 7.2: Global Automotive Cybersecurity Market (by Vehicle Type), $Million, 2018, 2019, and 2029
Figure 7.3: Global Passenger Vehicles Cybersecurity Market Size, $Billion, 2018-2029
Figure 7.4: Global Passenger Vehicle Cybersecurity Market Size (by Region), $Million, 2018 and 2029
Figure 7.5: Global Commercial Vehicles Cybersecurity Market Size, $Million, 2018-2029
Figure 7.6: Global Commercial Vehicles Cybersecurity Market Size (by Region), $Million, 2018 and 2029
Figure 8.1: Global Automotive Cybersecurity Market Size (by Region), $Million, 2018, 2019, and 2029
Figure 8.2: Global Automotive Cybersecurity Market Share (by Region), %, (2018 and 2029)
Figure 8.3: North America Automotive Cybersecurity Market Size, $Million, 2018-2029
Figure 8.4: North America Automotive Cybersecurity Market (by Product Type), $Million, 2018, 2019, and 2029
Figure 8.5: North America Automotive Cybersecurity Market (by Vehicle Type), $Million, 2018, 2019, and 2029
Figure 8.6: U.S. Automotive Cybersecurity Market Size, $Million, 2018-2029
Figure 8.7: Canada Automotive Cybersecurity Market Size, $Million, 2018-2029
Figure 8.8: Mexico Automotive Cybersecurity Market Size, $Million, 2018-2029
Figure 8.9: Europe Automotive Cybersecurity Market Size, $Million, 2018-2029
Figure 8.10: Europe Automotive Cybersecurity Market (by Product Type), $Million, 2018, 2019, and 2029
Figure 8.11: Europe Automotive Cybersecurity Market (by Vehicle Type), $Million, 2018, 2019, and 2029
Figure 8.12: Germany Automotive Cybersecurity Market Size, $Million, 2018-2029
Figure 8.13: Spain Automotive Cybersecurity Market Size, $Million, 2018-2029
Figure 8.14: France Automotive Cybersecurity Market Size, $Million, 2018-2029
Figure 8.15: U.K. Automotive Cybersecurity Market Size, $Million, 2018-2029
Figure 8.16: Rest of the Europe Automotive Cybersecurity Market Size, $Million, 2018-2029
Figure 8.17: APAC Automotive Cybersecurity Market Size, $Million, 2018-2029
Figure 8.18: APAC Automotive Cybersecurity Market (by Product Type), $Million, 2018, 2019, and 2029
Figure 8.19: APAC Automotive Cybersecurity Market (by Vehicle Type), $Million, 2018, 2019, and 2029
Figure 8.20: China Automotive Cybersecurity Market Size, $Million, 2018-2029
Figure 8.21: Japan Automotive Cybersecurity Market Size, $Million, 2018-2029
Figure 8.22: India Automotive Cybersecurity Market Size, $Million, 2018-2029
Figure 8.23: South Korea Automotive Cybersecurity Market Size, $Million, 2018-2029
Figure 8.24: Rest-of-the-APAC Automotive Cybersecurity Market Size, $Million, 2018-2029
Figure 8.25: RoW Automotive Cybersecurity Market Size, $Million, 2018-2029
Figure 8.26: RoW Automotive Cybersecurity Market (by Product Type), $Million, 2018, 2019, and 2029
Figure 8.27: RoW Automotive Cybersecurity Market (by Vehicle Type), $Million, 2018, 2019, and 2029
Figure 8.28: MEA Automotive Cybersecurity Market Size, $Million, 2018-2029
Figure 8.29: Latin America Automotive Cybersecurity Market Size, $Million, 2018-2029
Figure 9.1: Global Automotive Cybersecurity Market
Figure 9.2: Research Methodology
Figure 9.3: Top Down Approach
Figure 9.4: Bottom Up Approach
Figure 9.5: Automotive Cybersecurity Market Influencing Factors
Figure 9.6: Assumptions and Limitations
North America
U.S.
Canada
Mexico
Europe
Germany
Spain
France
U.K.
Rest-of-the-Europe
APAC
China
Japan
India
South Korea
Rest-of-the-APAC
Rest-of-the-World (RoW)
Middle East and Africa (MEA)
Latin America
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Over the past years, automobiles have undergone rapid technological advancements in terms of vehicle performance, passenger safety, communication capabilities, and driving comfort. These improvements have led to a surge in the number of on-road vehicles, thus raising the need for safer movement of automobiles. For the same, automakers have profoundly been supported by several federal authorities such as “National Highway Traffic Safety Administration” (NHTSA), “European Commission” (EC), and “Ministry of Land, Infrastructure, Transport and Tourism” (MLIT), among others. Moreover, advancement of the vehicle safety on public roads can be done with an early integration of connectivity and advanced driver assist systems (ADAS) in automobiles. Considering ADAS as the founding stone, automakers are expected to advance to semi-autonomous vehicles and ultimately toward fully-autonomous vehicles, which are highly connected.
Factors such as rising safety and security concerns, increasing demand for a reliable transportation system, and advent of innovative trends, such as transition from car ownership to Mobility-as-a Service (MaaS) are expected to increase the demand for connected and autonomous vehicles. This demand is also anticipated to create significant challenges for automotive stakeholders and consumers in terms of cybersecurity risks, data theft, and involvement of unscrupulous agents within the automotive value chain, which further boosts the demand for automotive cybersecurity solutions. Moreover, the introduction and subsequent growth of sales of electric and hybrid vehicles, the development of connected & ADAS and self-driving technologies, the increasing demand for connected vehicles and disruptive trends, such as ride-hailing, car sharing, and in-car payments are expected to change the way mobility services are used.
According to the latest report by BIS Research, titled ‘Global Automotive Cybersecurity Market – Analysis and Forecast (2019-2029)’, the Automotive Cybersecurity market to grow at a significant CAGR of 14.25% during the forecast period from 2019 to 2029.
Key Questions Addressed in the Report:
Global Automotive Cybersecurity Market to Grow at a CAGR of 14.25% from 2019-2029

Informations supplémentaires

Auteur BIS Research INC.
Edité par BISRESEARCH
Type de document Rapport
Nombre de pages 163