CHICAGO, October 16, 2018 /PRNewswire/ --
According to the new market research report "Automotive Cyber Security Market by Form (In-Vehicle, External Cloud Services), Security (Endpoint, Application, Wireless Network), Application (Infotainment, Powertrain, ADAS & Safety), Vehicle Type, EV Type, and Region - Global Forecast to 2025", published by MarketsandMarkets™, the Automotive Cyber Security Market is projected to grow at a CAGR of 23.16% during the forecast period, to reach USD 5.77 billion by 2025 from an estimated USD 1.34 billion in 2018.
Don't miss out on business opportunities in Automotive Cyber Security Market.
Speak to Our Analyst and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/speaktoanalyst.asp?id=170885898
The increasing amount of vehicle electronics and the growing adoption of advanced vehicle technologies such as connected vehicles and self-driving vehicles have made modern vehicles vulnerable to cyberattacks. The increase in mid-size and luxury vehicle sales in recent years is driven by the changing preferences of end-users and lifestyle of the young population. The increasing use of e-mobility in regions such as Asia Pacific, South America, and the Middle East & Africa is driving the market for automotive cyber security.
Asia Pacific to be the largest and fastest growing market for automotive cyber security in 2025
Asia Pacific is projected to be the largest and fastest growing market for automotive cyber security from 2018 to 2025. The market growth in this region can be attributed to the increasing vehicle production, changing in-vehicle electronic architecture, increasing in-vehicle services connected to the external cloud, and expansion of leading OEMs and automotive component suppliers. The market growth in the region can also be attributed to the increasing sales of connected vehicles and government initiatives regarding the use of environment-friendly electric vehicles.
Browse in-depth TOC on "Automotive Cyber Security Market"
59 - Tables
51 - Figures
163 - Pages
View more detailed TOC @
In-vehicle segment, by form type, is estimated to hold the largest market share during the forecast period
The Automotive Cyber Security Market for the in-vehicle segment is estimated to be the largest during the forecast period. The increasing number of ECUs in various applications inside the vehicle is driving the market for automotive cyber security.
Endpoint security segment for automotive cyber security is estimated to be the largest segment, by security type, from 2018 to 2025
The Automotive Cyber Security Market for endpoint security is estimated to be the largest. It is used in most of the vehicles equipped with devices such as Wi-Fi, smartphone, and ethernet that are connected to endpoint application. Increasing use of smartphone mirror link applications such as Android Auto and Apple Car Play is likely to drive the growth of this segment.
Request for Free Sample Report @ https://www.marketsandmarkets.com/requestsample.asp?id=170885898
The Automotive Cyber Security Market is dominated by a few globally established players such as Harman (US), Continental (Germany), NXP (Netherlands), Escrypt (Germany), and Vector (Germany).
Browse Adjacent Markets @ Automotive and Transportation Market Research Reports & Consulting
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Shelly Singh
630 Dundee Road
Northbrook, IL 60062
Visit Our Website: https://www.marketsandmarkets.com