Automotive Cybersecurity Market Size To Record 29.6% CAGR Th...| MENAFN.COM

Friday, 12 August 2022 08:59 GMT

Automotive Cybersecurity Market Size To Record 29.6% CAGR Through 2027

(MENAFN- Ameliorate Digital Consultancy)

Global Automotive Cybersecurity Market Report added at Market Study Report offers industry size, share, growth, trends and forecast analysis up to 2027. Automotive Cybersecurity Market Report also covers top key players, porters five forces analysis and market segmentation in detail. This report examines the global Automotive Cybersecurity market and provides information regarding the revenue for the period 2021 to 2027.

Market Analysis and Insights: Global Automotive Cybersecurity Market

The global Automotive Cybersecurity market size is projected to reach US$ 2705.5 million by 2027, from US$ 440.6 million in 2020, at a CAGR of 29.6% during 2021-2027.

Automotive Cyber Security is the software used to protect car data from being attacked.

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European Union has the largest global export quantity and manufacturers in the Automotive Cybersecurity market, while the United States is the second sales volume market for Automotive Cybersecurity in 2018.

ESCRYPT Embedded Systems was the largest company in 2018, which had a market share of 10%. The top 10 key players occupied 59% market.

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Automotive Cybersecurity market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Automotive Cybersecurity market in terms of revenue.

On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Automotive Cybersecurity market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Automotive Cybersecurity market.

Geographically, the Automotive Cybersecurity market report concentrates on elaborating the growth prospects of the marketplace spanning numerous regions across the globe. A detailed evaluation of the competitive trends has also been provided, enabling shareholders to leverage the best of information delivered, in order to take informed decisions. Say for example, the report retains focus on the parameters such as the ex-factory price, production capacity, etc.

How extensively has the industry been segmented in terms of the product and application landscapes?

  • The report encompasses a generic outline of the Automotive Cybersecurity market with respect to the product types as well as applications.
  • The product landscape, as claimed by the report, is classified into the type such as Software-based, Hardware-based, Network & Cloud, Security Services & Frameworks, Security Services and Frameworks segment had the biggest market share in global Automotive Cybersecurity in 2018, with a proportion of 36%. Software-based ranked 2 and with a market share of 30.
  • The report not only features extensive information with respect to the valuation held by every product, but also elaborates on the price models and the production volume.
  • Considering the application terrain, the report effectively categorizes the same into Passenger Cars, Commercial Vehicles, Commercial Vehicles was the leading application, with a proportion of 76% in 2018. The rest was Passenger Cars, but passenger cars' market enlarged quicker during the last few years.
  • The study delivers expansive details regarding the segment, particularly focusing on the product consumption with respect to every application sector.
  • Also, the remuneration accrued by every application segment has been provided in the report, alongside the consumption market share.
  • Not to mention, the consumption growth rate of every application has also been provided, enabling the consumer to better understand the growth path of the application in question.

The competitive spectrum holds a pivotal position in the Automotive Cybersecurity market, given that it is bound to help emerging entrants and prospective shareholders decide on the possibilities of penetrating the industry at the opportune time. The details of the competitive landscape outlined in this report are likely to provide an analysis of the prominent industry vendors, their growth profiles, strategies and tactics, etc., that would help investors in decision-making.

As per the report, the Automotive Cybersecurity market is segmented into

  • ESCRYPT Embedded Systems
  • Arilou technologies
  • Cisco Systems
  • Harman (TowerSec)
  • SBD Automotive & Ncc Group
  • Argus
  • BT Security
  • Intel Corporation
  • NXP Semiconductors
  • Trillium
  • Secunet AG
  • Karamba Security
  • Guardtime
  • Utimaco GmbH

with respect to the competitive spectrum. The study includes elaborate details regarding these companies, including the market share that each firm accounts for in the industry and the production capacity.

Some other pivotal details include a brief overview of the firm – generic outline, product description, present valuation and standing in the industry, etc.

A detailed cover-up of the regional landscapes of the Automotive Cybersecurity market:

  • The study extensively elaborates on the geographical expanse of the Automotive Cybersecurity market, spanning zones such as United States, China, Europe, Japan, Southeast Asia & India.
  • The market share that each region holds, alongside the growth prospects of the region, in consort with the growth rate that every topography is projected to register over the forecast period have been delivered in the Automotive Cybersecurity market report.

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