Automotive Cybersecurity Market by Application and Geography - Forecast and Analysis 2020-2024

The automotive cybersecurity market size has the potential to grow by USD 241.41 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.
This report provides a detailed analysis of the market by application (passenger vehicles and commercial vehicles) and geography (North America, APAC, Europe, South America, and MEA). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Aptiv Plc, Argus Cyber Security Ltd., Arilou Information Security Technologies Ltd., ESCRYPT GmbH, Infineon Technologies AG, Karamba Security Ltd., Lear Corp., RunSafe Security Inc. , Samsung Electronics Co. Ltd., and secunet Security Networks AG.

Market Overview


Browse TOC and LoE with selected illustrations and example pages of Automotive Cybersecurity Market

Market Competitive Analysis

The market is fragmented. Advances in technology, government regulations, and entry of new competitors will further intensify the competition among the vendors. Key vendors in the automotive security market are investing extensively to improve hardware and software solutions and increase the feasibility of connected cars. Aptiv Plc, Argus Cyber Security Ltd., and Arilou Information Security Technologies Ltd. are some of the major market participants. Although the stringent data privacy regulations leading to increasing demand for automotive cybersecurity will offer immense growth opportunities, the complex vehicle ECUs can delay the evolution of cybersecurity software will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this automotive cybersecurity market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this automotive cybersecurity market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

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