Auto Cyber Security Market - Western Europe & Asia-Pacific Dominating Market

08 Jan, 2016, 10:50 ET from Research and Markets

DUBLIN, January 8, 2016 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/ldd6s2/auto_cyber) has announced the addition of the "Auto Cyber Security Market - Global Market Drivers, Opportunities, Trends & Forecasts, 2015-2020" report to their offering. 

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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. 

The Auto Cyber Security market is analyzed in six regions - 

  • North America
  • Western Europe
  • Central Eastern Europe
  • Middle East & Africa
  • Latin America
  • Asia-Pacific. 

According to the report, Western Europe, and Asia-Pacific regions will be dominating the market in next five years.

With the increase in IoT devices, the number of connected cars will increase leading to security concerns. The concern of this security 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.

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.

Key Topics Covered: 

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/ldd6s2/auto_cyber

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SOURCE Research and Markets