What Annual Growth Rate do Auto Cyber Security Market Holds? Stay Tuned with Key Industry Developments

“Auto Cyber Security Market”
A new research document with title ‘Auto Cyber Security Market, Security Types (Wireless Security, Network Security, Application Security, Cloud Security, Data Security), Solutions (IPS/IDS, IAM, Security Risk Management, UTM, Data Encryption, Vulnerability Management), Services, Region – Global Market Drivers, Opportunities, Trends & Forecasts, 2015-2020’ covering detailed analysis, Competitive landscape, forecast and strategies.

The study covers geographic analysis that includes regions like North America, Western Europe, Central Eastern Europe, Middle East & Africa, Latin America and Asia-Pacific and important players/vendors such as NXP Semiconductors, Continental AG, Daimler AG, Fortinet Inc, Capgemini S.A, FICO etc. The report will help user gain market insights, future trends and growth prospects for forecast period of 2015-2020.

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The Global Auto Cyber Security market is expected to grow at a CAGR of 13.2% during the period 2015-2020.

Cybersecurity is the process and practice designed specifically to protect computers, networks, programs, and data from damaging or unauthorized access. Today, Automotive industry is the biggest vertical segment in the manufacturing sector where nowadays, connected cars are on roads. With the use of connected devices (IoT/IoE), security becomes one of the issues. Thus, organizations are using security applications to protect the automobile from theft and other malware attacks.

With the increase in IoT devices, the number of connected cars will increase leading to security concerns. The concern of this security will hamper the market in the future leading to more opportunities for security providers. Thus, automakers and cyber security vendors need to work together for the development of the new security applications. The auto cyber technology will boost the automaker revenues and most of the security providers will consider auto cyber technology as objective and strategy to increase their footprints.

One of the major trends in the market will be the entry of cloud providers. As cloud-based technology is affordable and SMEs will be first end-user of this technology, the opportunity is large. Due to the untapped market, a lot of cloud providers will try to enter the market with customized cloud security applications. However, their entry can increase the competition and improve the solutions.

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This study covers and analyzes “Auto/Automotive Cyber Security market” globally. Bringing out the complete key insights of this industry, this report aims to provide an opportunity for players to understand the latest trends, current market scenario, government initiatives, and technologies related to the market. In addition, helps the venture capitalist in understanding the companies better and take informed decisions..

Today, IoE/IoT innovative technology is making industry players to offer the wide range of services for their customers to improve the customer experience and loyalty. Automotive Industry is the biggest vertical in manufacturing sector that leverages advanced IoT/IoE technology-as Emerging connected car technology. This technology is boosting the automaker revenues and they are considering this technology as objective and new business strategy to increase their footprints across the globe.

With the increase in the use of IoT technology, billions of connected cars will be on road increasing the concern regarding security. The concern of the security will impact the market for Auto Cyber security. Due to this, the automakers and cyber security vendors need to work together to understand and capture the market.

Companies Mentioned in the Report

Delphi Automotive PLC, Check Point Software Technologies Ltd, Cisco System,  Inc, McAfee Inc, NXP Semiconductors, Continental AG, Daimler AG, Fortinet Inc, Capgemini S.A, FICO, International Business Machines Corp, Microsoft Corporation, TowerSec, Argus Cyber Security Inc., Mocana, Security Innovation Inc., Arilou Technologies

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1 Industry Outlook
 1.1 Industry Overview
 1.2 Industry Trends
2 Report Outline
 2.1 Report Scope
 2.2 Report Summary
 2.3 Research Methodology
 2.4 Report Assumptions
3 Market Snapshot
 3.1 Segmented Addressable Market (SAM)
 3.2 Related Markets
4 Market Outlook
 4.1 Market Overview
 4.2 Market Segmentation
 4.3 Market Trends
 4.4 Technology Roadmap
 4.5 Security Outlook In Auto Industry
 4.6 Porter’s 5 forces


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