The global demand for Automotive End-Point Authentication Market is presumed to reach the market size of nearly USD 8.24 BN by 2030 from USD 2.57 BN in 2022 with a CAGR of 15.67% under the study period of 2023 - 2030. Regarding volume, the market was calculated XX Units in 2022 and forecast to touch XX Units by 2030 with a CAGR of XX% during 2023-2030.
Automotive End-Point Authentication is a security technology used in vehicles to verify the identity and authorization of users and devices accessing the vehicle's electronic systems and data. The process entails implementing multiple authentication layers to guarantee that only approved users and devices can gain access to the electronic systems of a vehicle. These systems encompass various components, such as infotainment systems, engine control modules, and other vital systems. The authentication process typically involves the use of various credentials, such as passwords, biometric data, and digital certificates, to verify the identity of users and devices. This helps to prevent unauthorized access to the vehicle's systems and data, which can be important in protecting against cyberattacks and theft.
Market Dynamics
The growing demand for connected cars is one of the primary factors driving the automotive end-point authentication market. With the increasing number of vehicles connected to the internet, there is a growing need for secure authentication mechanisms to protect the data transmitted between the vehicle and the network. In response to the growing prevalence of cyber threats like hacking, data breaches, and ransomware attacks, automotive manufacturers are actively embracing advanced security measures to safeguard their vehicles and the associated data transmissions. Governments worldwide are also introducing strict regulations to ensure the safety and security of connected vehicles. An example of such regulations is the European Union's General Data Protection Regulation (GDPR), which mandates that companies implement suitable technical and organizational measures to protect personal data. Moreover, the expanding adoption of the Internet of Things (IoT) is fueling the demand for automotive end-point authentication solutions. With the growing number of devices and sensors connected to vehicles, there is a need for secure authentication mechanisms to ensure the safety and security of the data transmitted. Advancements in technologies such as biometric authentication, blockchain, and artificial intelligence are driving the growth of the automotive end-point authentication market. These technologies offer enhanced security features and better user experience, thereby driving the adoption of end-point authentication solutions. Automotive manufacturers are required to comply with various industry standards, such as ISO 26262, which defines the safety requirements for automotive systems. End-point authentication solutions help these manufacturers comply with these standards and ensure the safety and security of their products.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of automotive end-point authentication. The growth and trends of Automotive End-Point Authentication Industry provide a holistic approach to this study.
Market Segmentation
This section of the automotive end-point authentication market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Authentication Type
- Biometric Vehicle Access
- Smartphone Applications
- Automotive Wearables
By Vehicle Type
- Passenger Car
- Electric Vehicle
By Connectivity Type
- Wi-Fi
- Bluetooth
- Cellular Network
By Component Type (Qualitative)
- Advanced Driver Assistance System
- Battery Status
- Door Lock Status
- Real Time Diagnostics Monitoring
- Service And Maintenance Updates
- Navigation
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Automotive End-Point Authentication market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Automotive End-Point Authentication Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the automotive end-point authentication market include Pebble, a Fitbit brand (U.S.), Continental AG (Germany), Samsung Electronics Ltd. (South Korea), Hitachi Ltd. (Japan), and Fujitsu Ltd. (Japan), Japan Automobile Manufacturers Association (JAMA), European Automobile Manufacturers Association (EAMA), Canadian Automobile Association (CAA), and Korea Automobile Manufacturers Association (KAMA). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.