DUBLIN--(BUSINESS WIRE)--The "Automotive Cybersecurity Market Research Report: By Application, Vehicle Type, Form - Global Industry Analysis and Growth Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
The integration of AI is increasing in the automotive industry, and the technology is the major driving factor behind the development of level 4 and 5 autonomous cars. Because of the availability of connected services and devices, it has become incredibly easy to collect vehicular data. The collected data, however, must be stored safely and utilized only for in-vehicle systems. Since the data may be vulnerable to cyber-attacks, the adoption of security and safety solutions in the automotive industry is expected to increase.
The automotive cybersecurity market reached a value of $7,280.2 million by 2030, increasing from $1,152.7 million in 2019, advancing at an 18.5% CAGR during the forecast period (2020-2030). In terms of application, the market is divided into telematics, advanced driver-assistance systems (ADAS) and safety system, powertrain, infotainment, and body electronics. Out of these, the infotainment division dominated the market in 2019, since consumers can connect their smartphone with the infotainment system for accessing features through their phones, in-vehicle cybersecurity solutions are needed for safeguarding consumer data.
In the automotive cybersecurity market, the Asia-Pacific region is expected to progress at the fastest pace during the forecast period, as the region is home to largest market for automobiles. Recently, the region has emerged as the hub for the production of automobiles. In addition to this, the adoption of connected vehicles in the region has increased significantly, which is resulting in the increasing demand for automotive cybersecurity security and safety.
In conclusion, the rising penetration of AI, increasing number of cyber threats, and growing adoption of connected technology are leading to the growth of the market.
Companies Mentioned
- Visteon Corporation
- Continental AG
- DENSO CORPORATION
- HARMAN International Industries Inc.
- Robert Bosch GmbH
- Honeywell International Inc.
- NXP Semiconductors N.V.
- Aptiv Plc
- Vector Informatik GmbH
- Trillium Secure Inc.
Key Topics Covered:
Chapter 1. Research Scope
Chapter 2. Research Methodology
Chapter 3. Executive Summary
3.1 Global Market Summary
3.2 North America Market Summary
3.3 Europe Market Summary
3.4 APAC Market Summary
3.5 LAMEA Market Summary
Chapter 4. Industry Outlook
4.1 Voice of Industry Experts/KOLs
4.2 Market Dynamics
4.2.1 Trends
4.2.2 Drivers
4.2.3 Restraints/challenges
4.2.4 Impact analysis of drivers/restraints
4.3 Value Chain Analysis
4.4 Components to Automotive Cybersecurity
4.5 Publicly Reported Automotive Cyber-Attack Incidents (2019-2020)
4.6 Porter's Five Forces Analysis
4.7 COVID-19 Impact on Global Automotive Cybersecurity Market
Chapter 5. Global Market
5.1 Overview
5.2 Market Revenue, by Application (2014-2030)
5.2.1 ADAS & safety system market revenue (2014-2030)
5.2.2 Infotainment market revenue (2014-2030)
5.2.3 Body electronics market revenue (2014-2030)
5.2.4 Powertrain market revenue (2014-2030)
5.2.5 Telematics market revenue (2014-2030)
5.3 Market Revenue, by Vehicle Type (2014-2030)
5.3.1 Passenger car market revenue (2014-2030)
5.3.2 Commercial vehicle market revenue (2014-2030)
5.4 Market Revenue, by Form (2014-2030)
5.4.1 In-vehicle service market revenue (2014-2030)
5.4.2 External cloud service market revenue (2014-2030)
5.5 Market Revenue, by Region (2014-2030)
Chapter 6. North America Market Size and Forecast
Chapter 7. Europe Market Size and Forecast
Chapter 8. APAC Market Size and Forecast
Chapter 9. LAMEA Market Size and Forecast
Chapter 10. Major Markets: Segment Analysis
10.1 Overview
10.2 U.S. Market Revenue, by Product (2014-2030)
10.3 China Market Revenue, by Product (2014-2030)
10.2 Germany Market Revenue, by Product (2014-2030)
10.3 U.K. Market Revenue, by Product (2014-2030)
10.2 France Market Revenue, by Product (2014-2030)
10.3 Japan Market Revenue, by Product (2014-2030)
Chapter 11. Competitive Landscape
11.1 List of Market Players and their Offerings
11.2 Competitive Benchmarking of Key Players
11.3 Recent Strategic Developments of Key Players
11.3.1 Mergers and Acquisitions, and Divestitures
11.3.2 Partnerships
11.3.3 Product Launches
11.3.4 Other developments
Chapter 12. Company Profiles
Chapter 13. Appendix
Chapter 14. About the Publisher
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