Automotive Cyber Security Market

Harman (US) and Escrypt (Germany) are the Leading Player in the Automotive Cyber Security Market

Steady innovation and development in the field of automotive artificial intelligence, especially in developing economies, have boosted the automotive cybersecurity market in recent years. The global automotive cybersecurity market is estimated to be USD 1.34 billion in 2018 and is projected to reach USD 5.77 billion by 2025, growing at a CAGR of 23.16% during the forecast period. The automotive cybersecurity market is dominated by a few global players. The key players in the automotive cybersecurity market are Harman (US), Continental (Germany), NXP (Netherlands), Escrypt (Germany), and Vector (Germany). New product developments, expansions, collaborations, and supply contracts are the key strategies adopted by these players to gain traction in the automotive cybersecurity market.

Harman (US) is a leading player in the automotive cybersecurity market. The company has adopted the strategy of new product developments to maintain the leading position in the automotive cybersecurity market. The company has undertaken 10 new product developments in the last 3 years. In June 2017, Harman developed a new smart telematics gateway solution that can update an automotive Electronic Control Unit (ECU) through a secure, wireless connection. The new solution offers automakers a flexible, modular hardware platform that supports a variety of connectivity features including eCall, fully-automated accident alert, breakdown call-out, local-support service calls, remote control locking, vehicle finder, and diagnostics. Also, in October 2016, Harman and Airbiquity announced the first automotive grade end-to-end intrusion detection solution for connected vehicles. Harman’s embedded ECUSHIELD software provides continuous security threat monitoring, identification for internal vehicle networks, and detects and logs security intrusions locally. In July 2016, Harman announced the launch of its Harman Software Update Gateway product with go-to-market partner NXP Semiconductors (NXP®) as the latest addition to the company’s software management portfolio. NXP’s secured gateway processors, embedded with the new Harman update management technology, will enable every ECU, regardless of memory, CPU or network resource, to benefit from secure OTA updates.

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Escrypt (Germany) adopted the strategy of new product development to strengthen its market position. In July 2018, ESCRYPT presented an IT-secured central gateway with its CycurIDS intrusion detection system as the centerpiece of a comprehensive security solution for entire vehicle fleets. CycurIDS monitors data transmission across the vehicle network (CAN- and ethernet-based) on the lookout for typical intrusion signatures and anomalies. Whereas, in April 2018, ESCRYPT presented its V2X security solution, which addresses both embedded protection for vehicles and traffic facilities, and securing the Public Key Infrastructure (PKI) in equal measure. ESCRYPT demonstrated how to protect the exchange of data among connected vehicles and with transportation infrastructure from unauthorized access.

Related Reports:

Automotive Cyber Security Market by Security Type (Network, Endpoint, Application, Wireless & Cloud), Area of Application (Infotainment, Telematics, OBD, Safety, Powertrain, Communication & Others), Vehicle Type, and by Region - Global Forecast to 2021

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Report Code
AT 4422
RI Published ON
10/16/2018
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