Global Market for Cyber Security of Cars 2017-2022 - Market to Grow at a CAGR of 102%

The global market for cybersecurity for cars was estimated to be worth USD 16.85 Million in 2015 and is expected to grow to USD 1166.14 million by the end of 2020, at a CAGR of 102.62%. In the coming five years, increasing smartphone penetration, growing internet use and adoption of countless wireless connectivity solutions will bring in new opportunities for products and services that will enable the connected car market to come to fruition.

The global market for cybersecurity for cars was estimated to be worth USD 16.85 Million in 2015 and is expected to grow to USD 1166.14 million by the end of 2020, at a CAGR of 102.62%. In the coming five years, increasing smartphone penetration, growing internet use and adoption of countless wireless connectivity solutions will bring in new opportunities for products and services that will enable the connected car market to come to fruition.

The connected cars are able to digitally connect and interact with their surroundings; not only including connectivity with other cars (vehicle-to-vehicle) but also with infrastructure (vehicle-to-infrastructure) and other devices (vehicle-to-devices). This has brought in new suites of application such as advanced safety features, personalized driving and entertainment experiences and even autonomous driving.

The internet of things (IoT) has pervaded all spheres of life most frequently in use. These include deployment of components that connect homes and units of transportation. Being connected online gives homes and cars the benefit of security from physical intruders, in a number of ways like auto alerting and auto calling authorities. However, this very ecosystem of connectivity deployed leaves both homes and cars open to security risks by another group of burglars - cyber criminals.

Although connected cars have not yet become mainstream, with most regions still experimenting with prototypes of various functionalities, an increasing number of connected cars are being purchased. They are purchased for features like enhanced GPS location and maintenance, live recording and reminders, Wi-Fi services, and fuel-efficiency.

Key Topics Covered:

1. Introduction

2. Research Approach and Methodology

3. Market Dynamics

4. Technology Overview

5. Global Cyber Security for Cars - Segmented by Type of Solution

6. Global Cyber Security for Cars - Segmented by Type of Security

7. Global Cyber Security for Cars - Segmented by Geography

8. Competitive Intelligence

10. Future of Cyber Security for Cars

Company Profiles

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