Global Automotive Cybersecurity Market 2017-2021 to Post 28% CAGR| Technavio
LONDON--(BUSINESS WIRE)--Oct 10, 2018--According to the market research report released by Technavio, the global automotive cybersecurity market is expected to accelerate at a CAGR of nearly 28% during the forecast period. The growing need for cybersecurity in the connected car market is one of the key factors triggering the growth of the market.
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According to the market research report released by Technavio, the global automotive cybersecurity market is expected to accelerate at a CAGR of nearly 28% during 2017-2021 (Graphic: Business Wire)
This research report titled ’ 1 ’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
The market research analysis categorizes the global automotive cybersecurity market into the following applications:Passenger vehicles Commercial vehicles
In 2016, the passenger vehicles segment accounted for 99% of the global market and is projected to decline to 98% by 2021, exhibiting almost 1% decrease in market share.
Global automotive cybersecurity market: Top emerging trend
Machine learning-based cybersecurity to deal with real-time threats is an emerging trend in the automotive cybersecurity market space. Connected cars are also referred as networks on wheels. These networks use anti-virus and other software security technologies to identify threats and quarantine unknown ones. These techniques fail to show positive results in a dynamic environment where new threats continually pop up. In a dynamic environment, machine learning in artificial intelligence (AI) has the edge over traditional anti-virus solutions. Machine learning cybersecurity systems are self-adapting and self-defending, as they do not need explicit programming. These systems can learn with time, which makes them more aware of the new hacks and exploits.
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Technavio’s report provides expert market research on the following topics:
Executive ReportMarket Outline Global Automotive Cybersecurity Market Overview
Market InsightsMarket Sizing and Forecasts Market Growth Market Drivers and Challenges Key Emerging Trends
Market Segmentation AnalysisRegional comparison (APAC, Americas, and EMEA) Key leading countries Market segmentation by application (passenger vehicles and commercial vehicles)
Vendor LandscapeVendor classification Market positioning of vendors Competitive scenario Analysis of top vendors (Argus Cyber Security, HARMAN International, Karamba Security, and Symantec)
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INDUSTRY KEYWORD: TECHNOLOGY HARDWARE SOFTWARE SECURITY AUTOMOTIVE OTHER AUTOMOTIVE
SOURCE: Technavio Research
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PUB: 10/10/2018 02:17 PM/DISC: 10/10/2018 02:17 PM