Autonomous vehicle is a vehicle that can
direct itself exclusive of human conduction. This vehicle has become a concrete
reality & may pave the technique for future systems where computers capture
the art of driving. It is also known as a robot vehicle, driverless vehicle and
self-driving vehicle. These vehicles are susceptible to cyber attacks & the
number of vehicle hacking or theft are increasing owing to less awareness
concerning the security solutions.
According to study, “Autonomous
Vehicle Security Market: Drivers, Restraints, Opportunities, Trends, and
Forecasts to 2023” some of the major companies that are currently
working in the autonomous vehicle security market are Toyota Motor Corp., Cisco
Systems Inc., Siemens AG, Ford Motor Company, Argus Cyber Security, Robert
Bosch GmbH, Arilou Cyber Security, Karamba Security, ESCRYPT - Embedded
Security, Secunet Security Networks AG.
Based on vehicle type, autonomous vehicle
security market is segmented into fully autonomous vehicle and semi autonomous
vehicle. Semi autonomous vehicles are light commercial vehicles, passenger
vehicle and heavy commercial vehicles. The passenger vehicles are implementing
more security solutions because of the increasing autonomous or connected
vehicle usage across the regions. The escalating investments in the governments
is expected to be emergent connected by providing the mobility solutions in
smart cities that are estimated to drive the market over the forecast period.
Based on security type, market is segmented into network security, application
security, wireless security, cloud security & others. The wireless &
cloud security solutions are mainly subjected by the pure play software
developed by the manufacturers due to their presented developments in the cloud
& connectivity infrastructure. Based on the services platform, market is
segmented into integration services providers, consulting services providers,
maintenance services providers and others. These platforms offer required
service connectivity for the completion of security solutions in the autonomous
vehicles. Based on solution type, market is segmented into Unified Thereat
Management (UTM), Identity Access Management (IAM), risk & vulnerability
management, Intrusion Detection Systems/Intrusion Prevention Systems (IDS/IPS),
distributed denial of service (DDoS) mitigation, data loss prevention (DLP),
anti-malware, and others.
The autonomous vehicle security market is
primarily driven by growing software demand driven by the consumer experience.
Some of the other driving aspects include increase in disposable income,
favorable security regulations, rising urbanization and increase in adoption of
connected vehicles. Apart from the advantages, the major hinder associated to
market is the higher installation cost, followed by potential failure of
technology solutions. In addition, the key opportunity includes rising
developments in the innovative security solutions.
Recently, U.K. government has come up with a
new cyber security standard for emergent self-driving car technology to prevent
vehicle hacking. Additionally, car industry privileged offer a new guidance on
data theft & hacking.
Autonomous & connected vehicles are
susceptible to cyber attacks and the number of vehicle hacking or theft are
increasing caused by less awareness about the security solutions. The
governments in the residential markets have developed vehicle security
regulations to conquer the cyber threats, and therefore, it has become consent
for the vendors to develop in-vehicle, network and cloud based security
systems. The autonomous vehicles security market is witnessing a high growth,
globally, owing to the rising demand for connected & autonomous vehicles in
the commercial or passenger segments. In addition, the fully autonomous
vehicles are also probable to become key consumer of vehicle security solutions
on account of increase in developments for this segment.
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