Automotive Cyber Security Market : Global Industry Analysis and Forecast 2023-2029 Automotive Cyber Security Market is expected to reach US$ 15.62 Bn by 2029, at a CAGR of 24.34% during the forecast period. Automotive Cyber Security Market Overview: The purpose of this study is to provide a thorough examination of the Automotive Cyber Security market by component, application, industry, and geography. The study goes into great detail on the primary factors influencing the Automotive Cyber Security market's growth. The study also offers a comprehensive analysis of the market's value chain. Market Scope: The research method used to assess and anticipate the Automotive Cyber Security market begins with secondary research using sources that collect revenue data from key suppliers. When calculating market segmentation, the vendor offerings are also considered. Using the bottom-up method, the whole size of the Automotive Cyber Security market was calculated using the revenue of significant enterprises. To Know More, Click Here@ https://www.maximizemarketresearch.com/request-sample/16825 Drivers: Driving factors of automotive cyber security market are rise in production of vehicle. Increase in demand and sales of commercial vehicles with technological advancements, increasing amount of vehicle electronic, government stringent emission norms, rising advent of smart transportation systems and higher disposable incomes of the consumers leading to higher demand. Rising primary safety from thefts and increasing probability of hacking increases the demand for security mechanisms in the automotive cyber security market. Segmentation: by Form • In-Vehicle • External Cloud Services by Security • Endpoint • Application • Wireless Network by Application • Infotainment • Powertrain • ADAS • Safety by Vehicle • Passenger Car • Commercial Vehicle • Battery Electric Vehicle (BEV) • Hybrid Electric Vehicle (HEV) • Plug-In Hybrid Electric Vehicle (PHEV) by Vertical • Vertical1 • Vertical2 • Vertical3 • Vertical4 • Vertical5 Key Players: The major players covered in the Automotive Cyber Security market report are • Harman International • Continental AG • Robert Bosch • Denso Corporation • Aptiv • Symantec • NXP Semiconductors • Honeywell International • Trillium Secure • Escrypt • Vector Informatik • Karamba Security • Saferide Technologies • Guardknox Cyber Technologies • Lear Corporation • Audi • BMW • Ford • Honda • Nissan • General Motors • Volvo Car Group Get Full Report: https://www.maximizemarketresearch.com/market-report/global-automotive-cyber-security-market/16825/ Regional Analysis: Global, North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually. COVID-19 Impact Analysis on Automotive Cyber Security Market: Aerospace and defence, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among other industries, have all been affected by the COVID-19 epidemic. COVID-19 has had an impact on the Automotive Cyber Security market in general, as well as the growth rate in 2019-2020, as the impact of COVID-19 spreads. Our most recent inquiry, opinions, and bits of knowledge on administration are critical to the businesses and associations in the Automotive Cyber Security industry, which is driving through the COVID-19 emergency to handle risk digitising jobs in order to convey trusted data and experiences to the CEOs. Key Questions Answered in the Automotive Cyber Security Market Report are: Which segment grabbed the largest share in the Automotive Cyber Security market? How was the competitive scenario of the Automotive Cyber Security market in 2020? Which are the key factors responsible for the Automotive Cyber Security market growth? Which region held the maximum share in the Automotive Cyber Security market in 2020? #AutomotiveCyberSecurityMarket #AutomotiveCyberSecurityMarketTrend #AutomotiveCyberSecurityMarketSize

AI in Cyber Security Market To Reach $101.8 Billion by 2030 The artificial intelligence (AI) in cyber security market stood at $8.6 billion in 2019, and it is projected to reach $101.8 billion in 2030, advancing at a CAGR of 25.7% during the forecast period (2020–2030). This growth is supported by factors such as the rapid digitization of industries, high penetration of mobile internet, huge investments by governments, information technology (IT) sector, and financial institutions in the AI technology, and shift from conventional banking to digital banking. However, the biggest reason for the market growth remains the alarming cybercrime incidence. In August 2019, the Government Accountability Office (GAO) of the U.S. stated that despite combative actions, cybercrimes are growing every year. With the escalating incidence of cyber frauds, such as payment card thefts and identity frauds, organizations are suffering significant financial losses. If these attacks are not countered quickly, they end up having a long-term impact on businesses. AI-driven solutions tackle cyber frauds by identifying threats, refining techniques, reducing the response time, and better distinguishing attacks that need immediate attention. Another factor driving the AI in cyber security market growth is the implementation of the bring-your-own-device (BYOD) policy, as it enhances employee satisfaction and increases productivity. However, this policy poses a major risk, as it makes corporate data vulnerable to cyberattacks. The devices of employees have varying hardware and software configurations, and IT departments might not be able to fully qualify, evaluate, and approve every device, which can pose a high security threat to confidential data. AI provides advanced protection through the machine learning (ML) technology and, thus, offers complete endpoint security. The categories under the offering segment of the AI in cyber security market include hardware, software, and services. Among these, the hardware category held the largest market share in the historical period (2014–2019). On the other hand, the software category is expected to showcase the fastest growth during the forecast period. AI systems require various kinds of software that include ML algorithms and application program interfaces (API), such as vision, language, speech, and sensor data, to realize the applications for cyber security. Geographically, the North American AI in cyber security market generated the highest revenue in 2019 due to the increasing adoption of cyber security solutions in business enterprises to deal with the frequent cyberattacks. The surging incidence of cybercrimes has led to business interruption and huge financial losses. The number of cyberattacks, such as network breaches and phishing emails, has grown at an exorbitant pace in Canada and the U.S. Moreover, the high digitization rate in the region is supporting the market growth in North America. Furthermore, the Asia-Pacific (APAC) region is projected to exhibit the fastest growth in the global AI in cyber security market in the forecast period. This would be due to the soaring number of cybercrimes, such as data breaches, financial frauds, and identity thefts, in the region. On account of these factors, organizations have increased their security expenditure to deal with the consequences and costs of more-advanced cyberattacks. Apart from business entities, governments of several countries are also investing huge amounts in cyber security to deal with advanced threats. Thus, the rapid digitization and high incidence of cyberattacks will fuel the market growth in the future. Read More: https://www.psmarketresearch.com/market-analysis/artificial-intelligence-in-cyber-security-market