Global Automotive Cybersecurity Market 2020-2024

Global Automotive Cybersecurity Market 2020-2024

  • June 2020 •
  • 120 pages •
  • Report ID: 5228030 •
  • Format: PDF
Global Automotive Cybersecurity Market 2020-2024
The analyst has been monitoring the automotive cybersecurity market and it is poised to grow by $ 241.41 mn during 2020-2024 progressing at a CAGR of 17% during the forecast period. Our reports on automotive cybersecurity market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high-level software integration into vehicle ECUs and the need for cybersecurity in connected cars. In addition, stringent data privacy regulations leading to increasing demand for automotive cybersecurity is anticipated to boost the growth of the market as well.
The automotive cybersecurity market analysis includes application segment and geographic landscape.

The automotive cybersecurity market is segmented as below:
By Application
• Passenger vehicles
• Commercial vehicles

By Geography landscapes
• North America
• APAC
• Europe
• South America
• MEA

This study identifies the increasing adoption of blockchain technology as one of the prime reasons driving the automotive cybersecurity market growth during the next few years. Also, the collaboration between connected vehicle manufacturers and the ICT industry and machine learning-based cybersecurity to deal with real-time threats will lead to sizable demand in the market.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our automotive cybersecurity market covers the following areas:
• Automotive cybersecurity market sizing
• Automotive cybersecurity market forecast
• Automotive cybersecurity market industry analysis