Europe’s Cybersecurity of Cars Market 2019: Report Focused on Top Manufacturers, Developments & Growth – Financial Newspaper
Europe’s cybersecurity of cars market was valued at USD XX in 2016 and is projected to reach USD XX Â billion by 2022, at a CAGR of 52.014% during the forecast period from 2017 to 2022. Automotive cybersecurity has been a critical concern for the OEMs and their customers throughout the world. With the market for connected vehicles expected to reach more than 300 million by 2018, driven by the safety regulations, the market for cybersecurity is also expected to increase accordingly in Europe. Connected cars offer significant opportunities for innovative features and services driven by the consumers\’ preferences for vehicle infotainment and safety systems. However, these new features, such as navigation, infotainment, and ADAS technologies, make the vehicles vulnerable to cyber-attacks by making them more exposed to the use of external software.