Automotive Cybersecurity Market Competitive Research, Demand and Outlook 2021-2027

1
FRIRFIELD Automotive Cybersecurity Market Trends,
Size, Analysis and Forecast 2021-2027 The
upcoming report by Fairfield Market Research
states that the global automotive cybersecurity
market is expected to show exceptional growth
between the years 2021 and 2027. The global
market is expected to cater to the advancements
in automobile technologies that are heading
towards making a more connected world. As
ecosystems and technologies merge to present a
more integrated operation of day-to-day
activities, the evolution will demand strong
cybersecurity plans. All of these factors are
expected to fuel the growth of the global
automotive cybersecurity market in the coming
years. Evolution in Automaking Indicates Positive
Outlook for Global Automotive Cybersecurity
Market Prominent automakers such as Daimler AG
have collaborated with Uber for developing
selfdriving vehicle technology. Meanwhile, Tesla
Motors has been consistently working on bringing
in self-driving vehicles. As these technologies
pave the way for futuristic automobiles, they are
likely to show a higher demand for safety
features as the nature of cyber-attacks gets
complicated. As a result, automakers are making
considerable investments in developing top-notch
cyber-security software, giving the market new
products to experiment with. Get a PDF Sample
Copy of Automotive Cybersecurity
Market https//www.fairfieldmarketresearch.com/re
port/automotive-cybersecurity- market/request-samp
le
Uptake of ADAS to Bode Well for Automotive
Cybersecurity in Vehicles Advanced driver assist
systems (ADAS) is anticipated to lead the way in
the global automotive cybersecurity market. These
systems are already being deployed in premium and
luxury vehicles. The emergence of connected
vehicles, electrification, autonomous driving,
and shared mobility have collectively created a
potential for cyber-attacks, thereby fuelling the
demand for new-age automotive cybersecurity
solutions. In the coming years, these solutions
will be crucial in safeguarding hacking,
information theft, cyber-attacks, and more. The
introduction of electric vehicles in the premium
segment is also expected to come with ADAS
functionalities. These systems are in continuous
interaction with the electronic control units and
chipsets, either on the cloud or locally. This
nature of the systems is expected to make the
function of automotive cybersecurity measures
critical in ensuring long-term passenger and
driver safety. North America and Asia Pacific to
Exhibit Phenomenal Growth Opportunities The
global automotive cybersecurity market is being
led by North America due to supportive government
regulations that are being designed to combat any
kind of cyber security threat that may cause
disastrous data leaks. The introduction of
connected vehicle eco-systems in new-
2
age vehicles as ICT and the automotive industry
join hands to create seamless operations for end
users is likely to fuel the growth of the
automotive cybersecurity market in the
region. Increasing purchasing power that has
encouraged vehicle production has also created a
demand for improved vehicle safety norms. As the
number of passenger vehicles rises in the market,
analysts anticipate it will directly affect the
automotive cybersecurity market. This trend is
especially intensifying as Asia Pacific is
witnessing an influx of vehicles. Production and
sales of vehicles in the developing economies of
China and India are expected to create an
excellent opportunity for the automotive
cybersecurity market in the region during the
forecast period. For More Information of
Automotive Cybersecurity Market Visit
https//www.fairfieldmarketresearch.com/report/aut
omotive-cvbersecurity-market
Some of the key players operating in the
automotive cybersecurity market are Karamba
Security, Harman, Continental, Vector, Escrypt,
NXP, Argus Cyber Security Ltd., Cisco Systems,
Inc., and BT Security. The competition in the
market is expected to intensify as new entrants
make their way.
About Us Fairfield Market Research is a UK-based
market research provider. Fairfield offers a wide
spectrum of services, ranging from customized
reports to consulting solutions. With a strong
European footprint, Fairfield operates globally
and helps businesses navigate through business
cycles, with quick responses and multi-pronged
approaches. The company values an eye for
insightful take on global matters, ably backed by
a team of exceptionally experienced researchers.
With a strong repository of syndicated market
research reports that are continuously published
updated to ensure the ever-changing needs of
customers are met with absolute promptness.
Contact Fairfield Market Research London, UK UK
44 (0)20 30025888 USA (Toll-free) 1 (844)
3829746 Web https//www.fairfieldmarketresearch.c
om Email sales_at_fairfieldmarketresearch.com
Follow Us LinkedIn