Automotive Cyber security Market Growth Opportunities, Industry Analysis, Size,

Posted by Fred Williams on April 22nd, 2021

With autonomous vehicles and connected cars around the corner and the transformation of transportation, one of the biggest that the automotive industry would face is vehicle cyber attacks. The various electrical components in a vehicle are connected by means of an internal network and if hackers gain access to a peripheral electronic control unit, they could take complete control of safety critical components such as engines or brakes. Further, there could also be concerning issues regarding the security of intelligent security systems that communicate with the automobiles. Thus, with the growing popularity of connected vehicles, the auto-makers are working in collaboration with internet service providers and software companies to offer cyber security systems to the users.

The need for cyber security in the automotive industry is steadily increasing and this can be attributed to the increasing threat of cyber attacks in the transportation and automotive systems. The global automotive cyber security market is being strongly driven by the increasing connectivity of vehicles and the growing need for security in the connected cars ecosystem. The increasing integration of advanced features and rising adoption of telematics services in automobiles are also strongly boosting the growth of the global automotive cyber security market.

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