Global “Cybersecurity Market” Report 2020 offers Complete analysis of industry status and outlook of major regions based on of key players, countries, product types, and end industries. This report focuses on the Cybersecurity in Global market, especially in United States, Europe, China, Japan, South Korea, North America, India. Cybersecurity Market report categorizes the market based on manufacturers, regions, type and application. Cybersecurity Report 2020 (value and volume) by company, regions, product types, end industries, history data and estimate data.
Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. Cybersecurity Market report categorizes the market based on manufacturers, regions, type, and application. Cybersecurity Market reports offer a detailed assessment of the Cybersecurity including enabling technologies, current market situation, market assumptions, restraining factors.
List of Top Key-players in 2020 of Cybersecurity Market:-
- Intel Corporation
- Towersec (Harman International Industries Inc.)
- Delphi Automotive PLC
- Arilou Technologies
- Escrypt Gmbh
- Continental Ag
- Infineon Technologies AG
- Cisco Systems Inc.
- Argus Cybersecurity
- Secunet Ag
- Trillium Incorporated
- Karamba Security
- Lear Corporation
- NXP Semiconductors NV
The Global Cybersecurity market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.
The cybersecurity market for cars was valued at USD 78.48 million in 2017, and is expected to reach a value of USD 586.14 million by 2023, at a CAGR of 49.5% over the forecast period (2018 – 2023). The scope of the report is limited to solutions offered by players, including providers of hardware, software, professional services, and integration solutions. While the regions considered in the scope of the report include the United States, Europe, Japan, and the Rest of the world. The study also emphasizes on the various attack points in a car, automotive security evaluations, cyber security standards, and cyber security initiatives, such as SPY car act, NIST cybersecurity framework, work done by NHTSA, and FTC, among others.
The automotive industry is undergoing a wave of innovation and with the advent of groundbreaking technologies, such as the Internet of Things (IoT), making vehicles safer than ever before—is witnessing a paradigm shift from the traditional models. With enhanced GPS, location and maintenance live recording, reminders, driving assistance, and Wi-Fi services, the demand for connected cars has been soaring and it is estimated that connected cars will account for 75% of the 92 million cars shipped globally in 2020.
Alongside the burgeoning connectivity, the increasing number of electronic control units and lines of code have increased the complexity of the products; thus, the concerns for security are on the rise. Further, the fragmented supply chain for this market has made it difficult to monitor the security policies at every stage. In order to counter these security risks, cybersecurity has become an indispensable aspect of connected cars. In addition, the growing number of government regulations and standards for these connected cars have been instrumental in driving the adoption of cybersecurity for cars.
Japan to Register the Fastest Growth over the Forecast Period
The connected cars market in Japan is expected to register robust growth with the first AD-Level 2 commercialized vehicle in the passenger car market. Since the automotive sales have witnessed a decline, the automotive OEMs are opting for new revenue streams, which include connected cars. This strategy is further buoyed by the Japanese government’s plans to improve the connected cars division before Olympics 2020, in an effort to protect transport infrastructure, which encompasses connected cars, trains, and airplanes. These have led the Japanese OEMs to display the AD technologies, to increase the consumers’ awareness for automated driving systems. While this is expected to aid the growth of the market for connected cars, it also involves taking stringent measures against activists and developing authentic cybersecurity for cars, which is expected to be a driving factor for the market.
Growing Number of Connected Cars and Rising Concerns over Cybersecurity
The growing connected ecosystem has made these cars more vulnerable to cyber-attacks. Fiat Chrysler Automobile, a market leader in connected cars (FCA) recently recalled 1.4 million vehicles after suspecting a remote hack in the Jeep Grand Cherokee, Cherokee SUV, and Dodge Ram Pickup vehicles. Further, security researchers Charlie Miller and Chris Valasek demonstrated that it was possible for hackers to control a Jeep Cherokee from a remote location using the car’s entertainment system, which is connected to the mobile data network, and even made it possible to “kill” the engine, remotely activate or disable the brakes, and track the vehicle’s location. Such instances have created major concerns over cybersecurity and generated the demand for “hacker-proof” vehicles, contributing to the growth of the automotive cyber security market.
Software-based Solutions to Witness the Greatest Adoption
Since connected vehicles are wholly dependent on the connected software for all aspects of their operation, they are vulnerable to a broad spectrum of cybersecurity attacks. Karamba Security, a company that develops security systems for connected cars, recently introduced a new carwall system for automotive cybersecurity. The software’s automated sealing approach is known to immediately detect and prevent cyber-attacks that exploit software bugs in the code. Further, to safeguard internal vehicle systems from attacks, and ensure data integrity while also providing data privacy and secure vehicle-to-cloud communications in millions of vehicles, there is a high demand for these software-based solutions.
The key players in this market include Intel Corporation, Towersec (Harman International Industries Inc.), Karamba Security, Lear Corporation, Escrypt GmBH, Continental AG, Infineon Technologies AG and Cisco Systems Inc. Other players include Delphi Automotive PLC, Arilou Technologies, Visteon Corporation, Argus Cybersecurity, Secunet AG, Trillium Incorporated, and NXP Semiconductors N.V, among others.
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The global Cybersecurity market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.
Highlighted points of Cybersecurity Market Size:
- Covers the varying market dynamics of the industry.
- In-depth analysis of market risks, opportunities, limitations, and growth of the market.
- Includes market driving and restraining factors.
- Participants profiles along with product description, overview, and business data.
- Include details of five years of forecast analysis by types, regions, and applications.
Key Developments in the Cybersecurity Market:
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This Cybersecurity Market Research/analysis Report Contains Answers to your following Questions
- Which Manufacturing Technology is Used for Cybersecurity? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Cybersecurity Market? What’s Their Company Profile, Their Product Information, Contact Information?
- What Was Global Market Status of Cybersecurity Market? What Was Capacity, Production Value, Cost and PROFIT of Cybersecurity Market?
- What Is Current Market Status of Cybersecurity Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Cybersecurity Market by Taking Applications and Types in Consideration?
- What Are Projections of Global Cybersecurity Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
- What Is Cybersecurity Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is Economic Impact On Cybersecurity Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Cybersecurity Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Cybersecurity Industry?
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Finally, the report Global Cybersecurity Market 2020 describes the Cybersecurity industry expansion game plan, the Cybersecurity industry knowledge supply, appendix, analysis findings, and the conclusion.
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