The report “Automotive End-point Authentication Market by Advanced Features (ADAS, Battery Status, Service & Maintenance Updates and Others), Type (Wearable, Smartphone Application, Biometric Access), Connectivity, Vehicle (PC, EV), & Region - Global Forecast to 2022” The global automotive end-point authentication systems market is projected to grow at a CAGR of 14.5% from 2017 to 2022, to reach a market size of USD 1,042.5 Million by 2022. Increase in installation of advanced driver assistance systems and stringent automotive security norms introduced by the government are factors responsible for the growth of end-point authentication systems market. The rising preference for multifactor authentication among end-users is also driving the growth of market.
Browse 68 market data tables and 57 figures spread through 169 pages and in-depth TOC on "Automotive End-point Authentication Market by Advanced Features (ADAS, Battery Status, Service & Maintenance Updates and Others), Type (Wearable, Smartphone Application, Biometric Access), Connectivity, Vehicle (PC, EV), & Region - Global Forecast to 202"
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Automotive wearables: To show high growth potential
The global automotive end-point authentication systems market, by authentication type, is estimated to be dominated by the automotive wearables industry, followed by smartphone applications and biometric vehicle access. The market for smartphone applications would rise and is expected to gain maximum share in the market by 2022. This can be attributed to the increasing installation of driver assistance systems in new vehicle models, the type of electronics present in the vehicles, and the increasing mandates of automotive security. Also, increasing industry-wide standards such as the Biometric Application Programming Interface (BioAPI) would further trigger the growth of the automotive end-point authentication systems market.
Wi-Fi: A promising market for enhanced connectivity
Growing complexity in vehicle electronics, coupled with increasingly stringent cyber security norms, would propel the use of Wi-Fi as a connectivity medium for the automotive end-point authentication systems market during the forecast period. Increasing developments in advanced communication technology and rising connectivity in vehicles and external infrastructure are the factors contributing toward this growth.
Europe: The largest market for automotive end-point authentication systems
Europe is estimated to account for the largest share, by value, of the end-point authentication systems market in 2017. Major Original Equipment Manufacturers (OEM) such as Mercedes-Benz, BMW, Ford, and Volkswagen are developing a wide range of technologies and innovating in different ways to strengthen the security of their vehicles. The automotive industry in Europe has the most advanced technologies as compared to Asia-Pacific or North American regions.
The report analyzes all major players in the end-point authentication systems market, including Continental AG (Germany), Safran S.A. (France), Hitachi Ltd. (Japan), Fujitsu Ltd. (Japan), and Nuance Communications (U.S).
The report also explains the qualitative aspects of the automotive end-point authentication systems market with respect to advanced features over the course of time. This report also shows an overview of the architecture of connectivity in the automotive end-point authentication systems market and the installations of smartphone applications useful for vehicle access. It covers Porter’s five forces analysis, competitive landscape, and company profiles of major players in the automotive end-point authentication systems market.
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