North America Automotive Cyber Security Market Research Report Forecast to 2027

North America Automotive Cyber Security Market Research Report Forecast to 2027

Market Overview

The demand for automotive cyber security is growing significantly in the global market owing to the increasing number of connected cars and the use of electronics per vehicle and the growing demand for ICT in the automotive industry.

Automotive cyber security is a combined method of defense to detect, protect, correct, and recognize and avoid threats. The new generation of automotive cyber security cars is expected to include hardware-based protection in and around the engine control unit, software implemented in vehicles to defend them, network monitoring systems and enforcement inside and outside the vehicle, cloud security services, and correct data privacy and privacy for protection. Automotive cyber security focuses on cyber risks associated with the automotive environment. The increasing number of ECUs in vehicles, as well as the many ways of communicating with the vehicle remotely and wirelessly, has led to the need for a cyber security branch dedicated to vehicle-related threats. The increase in the vulnerability of vehicles to cyberattacks is leading to recent recalls by prominent automakers. As a result, the global demand for automotive cyber security solutions is growing rapidly in North America.

The North America automotive cyber security market is projected to grow at 23.2% CAGR during the 2021–2027. In 2020, the automotive cyber security market was dominated by the US with an 88.86% share, followed by Canada & Mexico with shares of 9.45% and 1.69%, respectively.

Market Segmentation

The North America Automotive Cyber Security market has been segmented based on security type, vehicle type, application, and country. Based on security type, the North America Automotive Cyber Security market has been segmented into network, endpoint, application, wireless, and cloud security.

Based on vehicle type, the North America automotive cyber security market has been segmented into passenger and commercial vehicles.

Based on application, the North America automotive cyber security market has been segmented into onboard diagnostics, telematics, communication channels, infotainment, ADAS & safety, powertrain, body electronics, and others.

Major Players

Harman International, LEAR CORP, Honeywell, Norton LifeLock Inc, Cisco, CONTINENTAL AG, Trillium Secure, Norton LifeLock Inc, and Intel Corporations.

COVID 19 Impacts

We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

Companies Mentioned

Harman International
LEAR CORP
Honeywell
Norton LifeLock Inc
Cisco
CONTINENTAL AG
Trillium Secure
Norton LifeLock Inc
and Intel Corporations

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