The Global Auto Cyber Security market is expected to rise to 1150.6 Million USD and grow at a rate of 12.1% CAGR during 2018-2025.
The safety of the vehicle is compromised with vulnerability. Car and automobiles run on a software system, and thus, such automobiles can run the risk of life and property in case someone intrudes into the computer system of the vehicle or hacks the system. The automotive vehicles consist of various software-based electrical component and using an internal network of software; it is easy for any person to hack the system and take control over the brakes and engines. Hence, there is a need for Auto Cyber Security to protect the vehicles from any kind of cyber-attacks and thereby ensure the security of people and property.
Automotive Industry is one of the largest industries in the world. It includes a wide range of companies into design, development, research, manufacture, marketing, selling, import and export of vehicles and vehicular components. It is one of the major revenue-generating industry which provides the end-user services of delivery of the vehicle, repair, and maintenance service.
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With technological development, there are also risks attached and hence need for cybersecurity is felt. It is the case of most people that everyone wants to use a smartphone and smart gadgets, but when it comes to dealing with the vulnerabilities of the system, a need for cybersecurity is felt.
Major Key Players
Argus Cyber Security
Karamba Security
Arilou Technologies
Infineon Technologies
Towersec
Delphi Technologies
Lear Corporation
NCC Group
ESCRYPT
Global Auto Cyber Security Market Segmentation
Market segment by Type, the product can be split into
Cloud Security
Network Security
Endpoint Security
Application Security
Wireless Security
Market segment by Application, split into
Passenger Vehicles
Commercial Vehicles
Market segment by Regions/Countries, this report covers
North America
Europe
China
Japan
Southeast Asia
India
Central & South America
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