Global Automotive Cyber Security Market Expected To Register At 12.9% CAGR Over 2017-2021

Global Automotive Cyber Security Market Expected To Register At 12.9% CAGR Over 2017-2021

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    In recent years, with surge in demand of cyber based automotives across the world, the global Automotive Cyber Security is experiencing much more challenges than ever, which exposure the huge danger over drivers and passengers, according to research, the global Automotive Cyber Security market is expected to register at 12.9% CAGR over 2017-2021.

    On the basis of type, the application security segment in the automotive cyber security market is projected to grow at the highest CAGR during the forecast period among all the security types. Application security refers to software security and code security from external and internal threats, such as web attacks, DDoS (automobile-based Trojan), site scraping, and fraud.

    Geographically, the North America is expected to dominate the global automotive cyber security market, in terms of volume, and is also projected to grow at a high CAGR during the forecast period. It is expected that the growth in the region would be the largest with regards to one of the major application areas of connected cars—car to X communication.

    Region followed by Asia Pacific and Europe, the Asia Pacific is the largest automotive market and the largest electric vehicle production region, according to report, the Asia Pacific is projected to grow at a CAGR of 10.6% for the forecast period.

    Global top manufacturers operating in Automotive Cyber Security market are Infineon Technologies AG, Harman International Industries, Inc., Argus Cyber Security, Delphi Automotive PLC, Intel Corporation, Lear Corporation, Trillium, Inc., SBD Automotive & NCC Group, Karamba Security, Escrypt, Arilou Technologies among others.

    Global Automotive Cyber Security market share by region as following:


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    The report firstly introduced the Automotive Cyber Security basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world’s main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.

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    Joanna | Executive – International Business and partner Relations
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