Automotive Cyber Security Market is expected to reach US$ 15.62 Bn by 2029, at a CAGR of 24.34% during the forecast period.

Automotive Cyber Security Market Overview:

The purpose of this study is to provide a thorough examination of the Automotive Cyber Security market by component, application, industry, and geography. The study goes into great detail on the primary factors influencing the Automotive Cyber Security market's growth. The study also offers a comprehensive analysis of the market's value chain.

Market Scope:

The research method used to assess and anticipate the Automotive Cyber Security market begins with secondary research using sources that collect revenue data from key suppliers. When calculating market segmentation, the vendor offerings are also considered. Using the bottom-up method, the whole size of the Automotive Cyber Security market was calculated using the revenue of significant enterprises.

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Drivers:

Driving factors of automotive cyber security market are rise in production of vehicle. Increase in demand and sales of commercial vehicles with technological advancements, increasing amount of vehicle electronic, government stringent emission norms, rising advent of smart transportation systems and higher disposable incomes of the consumers leading to higher demand. Rising primary safety from thefts and increasing probability of hacking increases the demand for security mechanisms in the automotive cyber security market.

Segmentation:

by Form

• In-Vehicle
• External Cloud Services

by Security

• Endpoint
• Application
• Wireless Network

by Application

• Infotainment
• Powertrain
• ADAS
• Safety

by Vehicle

• Passenger Car
• Commercial Vehicle
• Battery Electric Vehicle (BEV)
• Hybrid Electric Vehicle (HEV)
• Plug-In Hybrid Electric Vehicle (PHEV)

by Vertical

• Vertical1
• Vertical2
• Vertical3
• Vertical4
• Vertical5

Key Players:

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

• Harman International
• Continental AG
• Robert Bosch
• Denso Corporation
• Aptiv
• Symantec
• NXP Semiconductors
• Honeywell International
• Trillium Secure
• Escrypt
• Vector Informatik
• Karamba Security
• Saferide Technologies
• Guardknox Cyber Technologies
• Lear Corporation
• Audi
• BMW
• Ford
• Honda
• Nissan
• General Motors
• Volvo Car Group

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Regional Analysis:

Global, North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.

COVID-19 Impact Analysis on Automotive Cyber Security Market:

Aerospace and defence, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among other industries, have all been affected by the COVID-19 epidemic. COVID-19 has had an impact on the Automotive Cyber Security market in general, as well as the growth rate in 2019-2020, as the impact of COVID-19 spreads. Our most recent inquiry, opinions, and bits of knowledge on administration are critical to the businesses and associations in the Automotive Cyber Security industry, which is driving through the COVID-19 emergency to handle risk digitising jobs in order to convey trusted data and experiences to the CEOs.

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

Which segment grabbed 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?