Global Market for Cyber Security of Cars - Market for Connected Cars Boosting Growth in Cyber Security

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Feb 23, 2016, 09:10 ET

DUBLIN, February 23, 2016 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/k7qwf2/global_market_for) has announced the addition of the "Global Market for Cyber Security of Cars By Type, Geography and Vendors Forecasts, Shares and Trends (2015-2020)" report to their offering.

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The internet of things has pervaded all spheres of life most frequently in use. These include deployment of components which make homes, as well as units of transportation connected. While being connected online gives homes and cars the benefit of security from physical intruders, with a number of means like auto alerting, auto calling authorities, etc. However, the selfsame ecosystem of connectivity deployed leaves both homes and cars open to security risks by another group of burglars - cyber criminals.

With the market for connected cars estimated to be worth US$ 42.6 billion by 2018 by GSMA estimates, and revenues for the same expected to increase four fold between 2015 and 2020, the market for cyber security for connected cars is set to increase accordingly. It is estimated that the global cyber security for cars market will grow at a CAGR of 15% between 2015-2020.

High level of research in fending off malware, auto-correction of defunct components of the integrated software in connected cars and connected cars ecosystem, increased funding for the same, increased interest from all automobile manufacturers and connected car add on component manufacturers towards the security of cars drives the growth in the market.

The ability to keep up with the evolving methods and scenario in cyber security, effective integration into connected cars devices, and some other issues form the bottlenecks in this market.

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Insights

4. Technology Overview

5. Cybersecurity For Cars Market By Type

6. Cybersecurity For Cars Market By Region

7. Competitive Intelligence - Key Vendor Analysis

8. Investment Analysis

9. Future Of Cybersecurity Technology For Cars

For more information visit http://www.researchandmarkets.com/research/k7qwf2/global_market_for

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