January 27, 2021

Europe Automotive Cybersecurity Market Report 2020: Market Reached $506.5 Million in 2019 and will Grow by 15.8% Annually Over 2020-2030

DUBLIN, Sept. 29, 2020 /PRNewswire/ — The “Europe Automotive Cybersecurity Market 2020-2030 by Solution, Product Type, Product Form, Threat Type, Application, Automotive Component, Vehicle Type, and Country: Trend Forecast and Growth Opportunity” report has been added to ResearchAndMarkets.com’s offering.

Europe automotive cybersecurity market reached $506.5 million in 2019 and will grow by 15.8% annually over 2020-2030 owing to increasing adoption of autonomous cars and connected vehicles with more electronic content per vehicle in the region.

Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2015-2019 and provides forecast from 2020 till 2030 with 2019 as the base year.

The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify

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What Growth Drivers Should Automotive Cybersecurity Market Players Keep an Eye Out For? Infiniti’s Experts Explain the Need for Market Opportunity Analysis

LONDON–(BUSINESS WIRE)–Although the dependence on the automotive cybersecurity market is increasing as the automotive industry grows, the market is witnessing major challenges. Electric vehicles, autonomous vehicles, and improved access through electronic control units (ECUs) have led to a rising need for automotive cybersecurity. However, the fragmented nature of the automotive industry has posed certain challenges to this growth. The fragmented nature of the automotive sector causes various delays for the development and incorporation of cybersecurity systems. OEMs often do not have the technical capabilities to create a cybersecurity system and require the assistance of cybersecurity suppliers. However, this can cause issues in coordination, disrupt the supply chain, cause a substantial time lag. How can companies counter the negative implications of these challenges? With Infiniti’s market opportunity analysis, companies can identify ideal opportunities for growth, development, and other positive aspects. This helps them identify, evaluate, and capitalize on growth

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