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Automotive Cyber Security Market Revenue To Hit $5.56 Billion By 2025 – Sales Channel Trends, Growth Opportunities Analysis And Technology Landscape | Million Insights

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Automotive Cyber Security Market Revenue To Hit $5.56 Billion By 2025 – Sales Channel Trends, Growth Opportunities Analysis And Technology Landscape | Million Insights

April 27
07:49 2021
Automotive Cyber Security Market Revenue To Hit $5.56 Billion By 2025 - Sales Channel Trends, Growth Opportunities Analysis And Technology Landscape | Million Insights

Million Insights – World’s Fastest Growing Market Research Database
According to new report available with Million Insights, the global automotive cybersecurity industry research report offers thorough insights on key players, distribution channel, end user and application. It also offers ready, data-driven answers to several industry-level questions.

The global automotive cyber security market is projected to reach USD 5.56 billion by 2025, according to Million Insights. A growing data breaching incidence owing to increasing number of automated and connected vehicles is a major factor driving the market growth. In addition, a rising focus on implementing automotive cyber security policies is projected to surge the demand for the market in the next few years. Automotive data taxonomy, Cloud infrastructure, and mobile cross platforms are other major factors expected to augment market growth.

For seamless connectivity, technological advancement in the automotive industry is gaming traction due to rising a huge volume of data exchange, which is also anticipated to have a positive impact on market growth. In addition, electronic information control systems such as fixed-speed cruise control, auto-braking sensors, tire-pressure, and electric power steering have become compulsory in all vehicles. Other systems like ADAS, powertrain, safety systems, and infotainment are also being used in automotive electronics operations. This factor will exhibit vehicle-to-everything communication, which is expected to open lucrative opportunities for the automotive cybersecurity market.

To download the sample PDF of “Automotive Cyber Security Market” Report please click here: https://www.millioninsights.com/industry-reports/global-automotive-cyber-security-market/request-sample 

 

North America is expected to lead the market owing to the rising adoption of autofocus vehicles coupled with the integration of new technologies such as connected car systems and smart antennas. Moreover, stringent norms regulated by the government for automotive cyber security and growing investment in automotive sectors are projected to augment the regional market growth. The major players operating in this industry are HARMAN International, Continental AG, Argus Cyber Security Ltd, Argus Cyber Security Ltd, ESCRYPT, and NXP Semiconductors N.V.   

 

To browse report summary & detailed TOC, please click the link below:
https://www.millioninsights.com/industry-reports/global-automotive-cyber-security-market

Further key findings from the report suggest:

• In Europe, the passenger segment is projected to hold more than 77.0% by 2025 owing to implementation of cyber security strategies, rising scope of data exchange, and growing production of Electric Vehicles (EVs).

• In China, infotainment application led the automotive cyber security market owing to early adoption of Infotainment application.

• Wireless network security segment is projected to hold the largest market share by 2025.

• OEMs are focusing on features offered by connected car systems which is expected to contribute positive impact on market growth.

Million Insights has segmented the global automotive cyber security market on the basis of security, vehicle type, application, service, and region:

Automotive Cyber Security Outlook (Revenue, USD Million, 2015 – 2025)
    • Endpoint
    • Application
    • Wireless Network

Automotive Cyber Security Vehicle Type Outlook (Revenue, USD Million, 2015 – 2025)
    • Passenger Car
    • Commercial Vehicle
    • Electrical Vehicle

Automotive Cyber Security Application Outlook (Revenue, USD Million, 2015 – 2025)
    • ADAS & Safety System
    • Infotainment
    • Body Electronics
    • Powertrain
    • Telematics

Automotive Cyber Security Service Outlook (Revenue, USD Million, 2015 – 2025)
    • In-vehicle Services
    • External Cloud Services

Automotive Cyber Security Regional Outlook (Revenue, USD Million, 2015 – 2025)
    • North America
        • U.S.
        • Canada
        • Mexico
    • Europe
        • U.K.
        • Germany
        • France
        • Spain
        • Russia
        • Turkey
        • Italy
    • Asia Pacific
        • China
        • India
        • Japan
        • South Korea
        • Thailand
    • Rest of World
        • Brazil
        • South Africa
        • Iran

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About Million Insights

Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive marketplace that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

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