Automotive Cybersecurity Market - 27.99% CAGR to 2021

Automotive Cybersecurity market report states that one challenge in the market is price sensitivity and low consumer acceptance to prolong adoption in emerging markets.

Commenting on the automotive cybersecurity market report says one trend in the market is collaboration between connected vehicle manufacturers and ICT industry. The transition from traditional vehicles to connected and self-driving vehicles is bringing unprecedented new innovations and options to transportation and to other sectors. The greatest risk faced by the evolving technology is a cyber intrusion. If left unaddressed, these have the potential to hamper the growth of connected and self-driving vehicles.

The analysts forecast global Automotive Cybersecurity Market to grow at a CAGR of 27.99% during the period 2017-2021. According to the report, one driver in the market is need for cybersecurity in growing connected car market. The growth of the automotive cybersecurity market is dependent on the need for security in the connected cars. There are about 70 ECUs inside a modern vehicle and over 100 ECUs in high-end vehicles. These ECUs are internally connected by controller area network (CAN). CAN was initially designed for closed vehicular systems and security was not considered in the specification of CAN protocol topology. This weakness has enabled hackers to hack into the system successfully. The increasing probability of hacking increases the demand for the inclusion of security mechanisms that isolate the safety critical ECUs from non-safety-critical ECUs.

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Key players in the global automotive cybersecurity market are Argus Cyber Security, HARMAN International, Karamba Security, and Symantec. Other Prominent Vendors in the market are: Arilou Cyber Security, ESCRYPT, Honeywell International, RunSafeSecurity, secunet Security Networks, and Vector Informatik.

The global automotive cyber security market is driven by the increasing demand for connected vehicles. Connected vehicles have direct internet access through either an inbuilt modem or a plug-in modem. Connected cars do a better job of keeping the driver updated about the traffic, accidents, road warnings, and speed limits. In addition, they provide improved convenience and assistance to the drivers. Connected cars witnessed a higher level of innovation in terms of infotainment systems and safety assistance technology.

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Table of Contents
PART 01: Executive Summary
PART 02: Scope of The Report
PART 03: Research Methodology
PART 04: Introduction
Market Outline
Iot In Automotive
Connected Cars
Autonomous Vehicles
Need For Automotive Cybersecurity
PART 05: Market Landscape
Market Overview
Market Size And Forecast
Five Forces Analysis
PART 06: Market Segmentation By Application
Global Automotive Cybersecurity Market Segmentation By Application
Global Automotive Cybersecurity Market For Passenger Vehicles
Global Automotive Cybersecurity Market For Commercial Vehicles
PART 07: Regional Landscape
Geographical Segmentation
Regional Comparison
Americas – Market Size & Forecast
Emea – Market Size & Forecast
Apac – Market Size & Forecast
Key Leading Countries
Market Opportunity
PART 08: Decision Framework
PART 09: Drivers And Challenges
Market Drivers
Market Challenges
PART 10: Market Trends
Collaboration Between Connected Vehicle Manufacturers And Ict Industry
Machine Learning-Based Cybersecurity To Deal With Real-Time Threats
Use of Blockchain To Manage Automotive Cybersecurity
PART 11: Vendor Landscape
Competitive Landscape
Other Prominent Vendors
PART 12: Key Vendor Analysis
Argus Cyber Security
Harman International
Karamba Security
PART 13: Appendix
List of Abbreviations

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