SOURCE: Research and Markets

Research and Markets

February 23, 2016 11:43 ET

Auto Cyber Security Market -- Global Market Drivers, Opportunities, Trends & Forecasts, 2015-2020

DUBLIN, IRELAND--(Marketwired - February 23, 2016) - Research and Markets has announced the addition of the "Auto Cyber Security Market, Security Types, Solutions, Services, Region - Global Market Drivers, Opportunities, Trends & Forecasts, 2015-2020" report to their offering.

With the increase in IoT devices, the number of connected cars will increase leading to security concerns. This concern will hamper the market in the future leading to more opportunities for security providers. Thus, automakers and cyber security vendors need to work together for the development of the new security applications. The auto cyber technology will boost the automaker revenues and most of the security providers will consider auto cyber technology as objective and strategy to increase their footprints.

The Global Auto Cyber Security market is expected to grow at a CAGR of 13.2% during the period 2015-2020, mainly driven by security type's market segment. The growth of security market is due to increase in demand for the wireless based application from connected car enablers and security segment. 

One of the major trends in the market will be the entry of cloud providers. As cloud-based technology is affordable and SMEs will be first end-user of this technology, the opportunity is large. Due to the untapped market, a lot of cloud providers will try to enter the market with customized cloud security applications. However, their entry can increase the competition and improve the solutions.

Report Structure:

1 Industry Outlook

2 Report Outline

3 Market Snapshot

4 Market Outlook

5 Market Characteristics

6 Security Types: Market Size & Analysis

7 Solutions: Market Size & Analysis

8 Services: Market Size & Analysis

9 Region: Market Size & Analysis

10 Competitive Landscape

11 Global Generalists

12 Companies to Watch For

Companies Mentioned:

  • Delphi Automotive PLC
  • Check Point Software Technologies Ltd
  • Cisco System, Inc
  • McAfee Inc
  • NXP Semiconductors
  • Continental AG
  • Daimler AG
  • Fortinet Inc
  • Capgemini S.A
  • FICO
  • International Business Machines Corp
  • Microsoft Corporation
  • TowerSec
  • Argus Cyber Security Inc.
  • Mocana
  • Security Innovation Inc.
  • Arilou Technologies

For more information visit http://www.researchandmarkets.com/research/7b6bl9/auto_cyber

Sector: IT Security

Image Available: http://www.marketwire.com/library/MwGo/2016/2/23/11G084072/Images/auto_cyber_security_market_security_types-4a2bbd0a21b4b265bb1d3282c9a5f01d.jpg

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