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Automotive Cybersecurity Market Business Model & Forecast Report 2021-2027

Based on application, the communication segment is anticipated to grow at a significant pace due to the increased adoption of technologies in modern vehicles. Through the network built among cars, V2V technology allows vehicles on the road to connect with one another and share data about road conditions and other elements. This connected car technology helps drivers avoid car accidents, minimize traffic congestion, and protect the environment. Thus, sophisticated communication technology necessitates a higher level of cyber security, hence increasing market revenue.

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Automotive Cybersecurity Market Business Model & Forecast Report 2021-2027

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  1. Global Automotive Cybersecurity Market

  2. About VynZ Research… • VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. • VynZ Research has one of the most qualified & experienced analysts, who are constantly tracking the markets and the technologies. The research team has years of proven experience and wide knowledge & understanding of the technology, application, business models, and regulators of the segments and the value chain involved. • A trusted & proven methodology that involves highest quality of primary research, secondary analysis collated & verified through various sources including cross checking with different industry experts. • Serving wide range of customers most of them from Fortune 2000 companies • With a dedicated 24x7 customer helpline our customers can reach for specifying their needs • Developing long term relationship with the clients and satisfying them is one of the crucial notches of the company. VynZ Research aims at gaining and retaining its clients in order to make long term customer relationship.

  3. Global Automotive Cybersecurity Market The global automotive cybersecurity market is anticipated to grow at a 15.2% CAGR during 2021-2027 owing to increased demand for automotive cybersecurity, initiatives by the government to implement connected car technology, increased adoption of ADAS, and mandatory cybersecurity standards that will propel the growth of the market. Moreover, the rising number of vehicles, robust expansion in technology have led to the adoption of automotive cybersecurity as it is an effective and efficient solution to handle cyber threats and detect risk, rectify it, and protect computer;’s security systems from future threats. Nevertheless, the improvement in vehicle security by adopting adaptive security, innovations in telematics and cellular network in the automotive sector, and increased complexity in car electronics systems will create opportunities for growth in the automotive cybersecurity market globally.

  4. Global Automotive Cybersecurity Market Based on application, the communication segment is anticipated to grow at a significant pace due to the increased adoption of technologies in modern vehicles. Through the network built among cars, V2V technology allows vehicles on the road to connect with one another and share data about road conditions and other elements. This connected car technology helps drivers avoid car accidents, minimize traffic congestion, and protect the environment. Thus, sophisticated communication technology necessitates a higher level of cyber security, hence increasing market revenue. Asia-Pacific is anticipated to contribute to the largest share in the automotive cybersecurity market owing to the increased awareness of active and passive safety features among people and increased sales of mid-sized and luxury vehicles in the region. The increased sales of V2X technology in vehicles and substantial growth in the ride-sharing industries will propel the demand for the global automotive cybersecurity market.

  5. Global Automotive Cybersecurity Market In October 2021, Renesas Electronics Corporation, a leading provider of advanced semiconductor solutions, has signed a definitive agreement with Celeno Communications, the leading provider of smart, innovative Wi-Fi solutions, under which Renesas will acquire Celeno for approximately US$315 million, assuming the payment of certain milestone payments as set forth in the agreement. This will help in developing more advanced Wi-Fi connectivity capabilities and deliver end-to-end connectivity solutions for clients and access points. The prominent players in the global automotive cybersecurity industry include Harman International, Continental AG, Robert Bosch GmbH, Denso Corporation, Aptiv PLC, Symantec Corporation, NXP Semiconductors N.V., Honeywell International Inc., Trillium Secure Inc., and Escrypt GmbH.

  6. For Sample Report :- https://www.vynzresearch.com/automotive-transportation/automotive-cybersecurity-market/request-sample www.vynzresearch.com

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