Automation in Industries to Drive Growth of Automotive Cyber Security Market by 2029

Automotive Cyber Security Market size was valued at USD 3.4 Billion in 2022 and is expected to grow at a CAGR of 19.4 percent from 2023 to 2029 to reach USD 11.76 Billion

Global Automotive Cyber Security Market size was US$ 3.4 Bn.in 2022 and is expected to reach US$ 11.76 Bn. by 2029, at a CAGR of 19.4% during the forecast period.

Automotive Cyber Security Market Overview:

The current condition of terminologies, segments, functions, and industry value chain structure was examined in the Automotive Cyber Security Market Research Report. The report offers unbiased expert commentary on the current market situation, previous financial position, consumption patterns rates, demand and supply ratios, and revenue generation estimates for the forecasted time. The Automotive Cyber Security market report also includes information on the strategic aspirations and company growth plans of the major organizations in the Automotive Cyber Security sector. Mergers and acquisitions, government and private sector transactions, partnerships and collaborations, joint projects, brand marketing, and product launches are some of the approaches studied. To summarise what has been mentioned so far, the study presents a complete picture of the Automotive Cyber Security market on both the global and regional levels

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Market Scope:

Mergers and acquisitions, government and private sector transactions, partnerships and collaborations, joint projects, brand marketing, and product launches are some of the approaches studied. To summarise what has been mentioned so far, the study presents a complete picture of the Automotive Cyber Security market on both the global and regional levels.

Segmentation:

by Offering

Hardware
Software

by Form

In-Vehicle
External Cloud Services

by Security Type

Application
Wireless
Endpoint

by Application

ADAS & Safety
Body Control & Comfort
Infotainment
Telematics
BMS & Powertrain Systems
Communication Systems
Charging Management

by Propulsion Type

Internal Combustion Engine (ICE) Vehicle
Electric Vehicle

by Vehicle Autonomy

Autonomous
Semi-Autonomous
Non-Autonomous

by Vehicle Type

Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle

by Region

North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)

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Key Players:

The major players covered in the Automotive Cyber Security market report are

1. Harman International [Stamford, CT, USA]
2. Synopsys, Inc. [Mountain View, CA, USA]
3. Continental AG [Hanover, Germany]
4. Robert Bosch [Gerlingen, Germany]
5. Denso Corporation [Kariya, Aichi, Japan]
6. Aptiv[Dublin, Ireland]
7. Symantec [Mountain View, CA, USA]
8. NXP Semiconductors [Eindhoven, Netherlands]
9. Honeywell International [Charlotte, NC, USA]
10. Trillium Secure [Tokyo, Japan]
11. Escrypt [Bochum, Germany]
12. Vector Informatik [Stuttgart, Germany]
13. Karamba Security [Hod Hasharon, Israel]
14. Saferide Technologies [Tel Aviv, Israel]
15. Guardknox Cyber Technologies [Hod Hasharon, Israel]
16. Lear Corporation [Southfield, MI, USA]
17. Audi [Ingolstadt, Germany]
18. BMW [Munich, Germany]
19. Ford [Dearborn, MI, USA]
20. Honda [Minato, Tokyo, Japan]
21. Nissan [Yokohama, Kanagawa, Japan]
22. General Motors [Detroit, MI, USA]
23. Volvo Car Group [Gothenburg, Sweden]
24. Tata Elxsi [Bangalore, India]
25. Cybellum [Tel Aviv, Israel]

Regional Analysis:

The region portion of the research also provides key market impacting components and changes in market regulatory oversight that have an impact on the market's current and future trends. New deals, substitute sales, national demography, regulatory actions, and import-export taxes are some of the major variables used to forecast the market situation for different areas.

COVID-19 Impact Analysis on Automotive Cyber Security Market:

The COVID-19 outbreak has had a significant impact on the global Automotive Cyber Security industry. Due to the worldwide slump and a lack of employees, Automotive Cyber Security manufacturing plants have been halted. The COVID-19 epidemic has caused a significant and long-term drop in production utilization, while travel prohibitions and facility closures have kept personnel away from their workplaces, causing the Automotive Cyber Security market to slow down in 2020.

Key Questions Answered in the Automotive Cyber Security Market Report are:

Which segment had the largest share in the Automotive Cyber Security market?
How was the competitive scenario of the Automotive Cyber Security market in 2020?
Which are the key factors responsible for the Automotive Cyber Security market growth?
Which region held the maximum share in the Automotive Cyber Security market in 2020?

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Priti Dhage

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