Market Overview:
The global connected car security solutions market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for connected cars and the need for enhanced security solutions for these vehicles. By type, the V2I segment is expected to lead the global connected car security solutions market during the forecast period, owing to its ability to provide real-time information about traffic and other conditions on roads. By application, passenger cars are expected to lead the global connected car security solutions market during the forecast period, as they are increasingly becoming more popular among consumers across different regions.
Product Definition:
A Connected Car Security Solution is a security system that is used to protect a connected car from being hacked. The importance of Connected Car Security Solutions is that they help to keep the cars and their passengers safe by protecting them from being hacked.
V2I:
Vehicular to Infrastructure (V2I) communication is a method of data transfer between vehicles and roadside infrastructure such as traffic signals, signs, and cameras. It enables the sharing of information about the present position and direction of vehicles along with other vital details to enable efficient road safety. V2I technology helps in enhancing road safety by providing better information for decision making regarding vehicle positioning, thus avoiding accidents caused due to improper positioning.
V2V:
V2V communication is the transfer of information from a vehicle to another using short-range wireless communication. It allows vehicles to share data such as position, speed and direction with other connected cars or smartphones. The technology has been around for quite some time; however, only recently has it started gaining traction in the automotive industry due to its growing demand in autonomous vehicles and smart transportation systems.
Application Insights:
The passenger cars segment dominated the market in 2017 and is expected to continue its dominance over the forecast period. The growing number of connected car users across the globe has created a need for effective security solutions that can protect data stored in vehicles against cyber-attacks. As per a study by IHS Markit, around 54% of global vehicle production was sold outside North America and Europe in 2016. This growth is expected to fuel demand for V2I connectivity over the coming years.
Heavy Commercial Vehicles (HCVs) are projected to exhibit significant growth over the forecast period owing to their high risk of accidents caused due to lack of safety features such as airbags, rollover bars and seat belts among others which increases chances of injuries or fatalities during an accident.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period owing to early adoption of various technologies and stringent regulations imposed by governments across countries such as the U.S., Canada, and Mexico for vehicle safety systems. Europe accounted for a significant share in terms of revenue due to early adoption of V2I technology solutions such as adaptive cruise control (ACC) and automatic emergency braking (AEB). Moreover, increasing demand for connected cars with high levels of automation is also expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness substantial growth over the next eight years owing to increasing investments from key players in developing economies including China, India, Japan, South Korea & Australia among others who are focusing on deploying advanced security systems in vehicles operating on public roads thereby boosting overall industry growth across this region at a significant pace compared with other regions during 2018-2030 timeframe.
Growth Factors:
- Increasing demand for connected cars from the automotive industry
- Proliferation of connected car features and services
- Growing concerns over cyber-attacks and data security breaches
- Rising demand for cloud-based security solutions
- Increasing investments in research and development
Scope Of The Report
Report Attributes
Report Details
Report Title
Connected Car Security Solutions Market Research Report
By Type
V2I, V2V, V2C, V2P, V2X
By Application
Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles
By Companies
Harman, Arxan, Argus, Guardtime, Infineon, IOActive, Intertrust, Karamba Security, Magna, NCC Group, NNG, Onboard Security, Secunet, Security Innovation, Symantec, Trillium
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global Connected Car Security Solutions Market Report Segments:
The global Connected Car Security Solutions market is segmented on the basis of:
Types
V2I, V2V, V2C, V2P, V2X
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Harman
- Arxan
- Argus
- Guardtime
- Infineon
- IOActive
- Intertrust
- Karamba Security
- Magna
- NCC Group
- NNG
- Onboard Security
- Secunet
- Security Innovation
- Symantec
- Trillium
Highlights of The Connected Car Security Solutions Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- V2I
- V2V
- V2C
- V2P
- V2X
- By Application:
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Connected Car Security Solutions Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Connected car security solutions are a suite of technologies that help protect vehicles and drivers from cyberattacks. These solutions can include features like automatic crash notification, stolen vehicle tracking, and anti-theft protection. They can also include features that allow drivers to access information about their surroundings while on the road, such as real-time traffic updates.
Some of the major companies in the connected car security solutions market are Harman, Arxan, Argus, Guardtime, Infineon, IOActive, Intertrust, Karamba Security, Magna, NCC Group, NNG, Onboard Security, Secunet, Security Innovation, Symantec, Trillium.
The connected car security solutions market is expected to grow at a compound annual growth rate of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Connected Car Security Solutions Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Connected Car Security Solutions Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Connected Car Security Solutions Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Connected Car Security Solutions Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Connected Car Security Solutions Market Size & Forecast, 2018-2028
4.5.1 Connected Car Security Solutions Market Size and Y-o-Y Growth
4.5.2 Connected Car Security Solutions Market Absolute $ Opportunity
Chapter 5 Global Connected Car Security Solutions Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Connected Car Security Solutions Market Size Forecast by Type
5.2.1 V2I
5.2.2 V2V
5.2.3 V2C
5.2.4 V2P
5.2.5 V2X
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Connected Car Security Solutions Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Connected Car Security Solutions Market Size Forecast by Applications
6.2.1 Passenger Cars
6.2.2 Light Commercial Vehicles
6.2.3 Heavy Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Connected Car Security Solutions Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Connected Car Security Solutions Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Connected Car Security Solutions Analysis and Forecast
9.1 Introduction
9.2 North America Connected Car Security Solutions Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Connected Car Security Solutions Market Size Forecast by Type
9.6.1 V2I
9.6.2 V2V
9.6.3 V2C
9.6.4 V2P
9.6.5 V2X
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Connected Car Security Solutions Market Size Forecast by Applications
9.10.1 Passenger Cars
9.10.2 Light Commercial Vehicles
9.10.3 Heavy Commercial Vehicles
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Connected Car Security Solutions Analysis and Forecast
10.1 Introduction
10.2 Europe Connected Car Security Solutions Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Connected Car Security Solutions Market Size Forecast by Type
10.6.1 V2I
10.6.2 V2V
10.6.3 V2C
10.6.4 V2P
10.6.5 V2X
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Connected Car Security Solutions Market Size Forecast by Applications
10.10.1 Passenger Cars
10.10.2 Light Commercial Vehicles
10.10.3 Heavy Commercial Vehicles
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Connected Car Security Solutions Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Connected Car Security Solutions Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Connected Car Security Solutions Market Size Forecast by Type
11.6.1 V2I
11.6.2 V2V
11.6.3 V2C
11.6.4 V2P
11.6.5 V2X
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Connected Car Security Solutions Market Size Forecast by Applications
11.10.1 Passenger Cars
11.10.2 Light Commercial Vehicles
11.10.3 Heavy Commercial Vehicles
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Connected Car Security Solutions Analysis and Forecast
12.1 Introduction
12.2 Latin America Connected Car Security Solutions Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Connected Car Security Solutions Market Size Forecast by Type
12.6.1 V2I
12.6.2 V2V
12.6.3 V2C
12.6.4 V2P
12.6.5 V2X
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Connected Car Security Solutions Market Size Forecast by Applications
12.10.1 Passenger Cars
12.10.2 Light Commercial Vehicles
12.10.3 Heavy Commercial Vehicles
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Connected Car Security Solutions Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Connected Car Security Solutions Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Connected Car Security Solutions Market Size Forecast by Type
13.6.1 V2I
13.6.2 V2V
13.6.3 V2C
13.6.4 V2P
13.6.5 V2X
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Connected Car Security Solutions Market Size Forecast by Applications
13.10.1 Passenger Cars
13.10.2 Light Commercial Vehicles
13.10.3 Heavy Commercial Vehicles
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Connected Car Security Solutions Market: Competitive Dashboard
14.2 Global Connected Car Security Solutions Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Harman
14.3.2 Arxan
14.3.3 Argus
14.3.4 Guardtime
14.3.5 Infineon
14.3.6 IOActive
14.3.7 Intertrust
14.3.8 Karamba Security
14.3.9 Magna
14.3.10 NCC Group
14.3.11 NNG
14.3.12 Onboard Security
14.3.13 Secunet
14.3.14 Security Innovation
14.3.15 Symantec
14.3.16 Trillium
