USD 3004.51 million
Automotive Endpoint Authentication Market Size, Share, Growth Analysis, By Product Type(Biometric Vehicle Access, Smartphone Application, Automotive Wearables), By Application(Passenger Cars, Electric Vehicles), By Peripheral Connectivity(Bluetooth, Wi-Fi, Mobile Networks), By Authentication(Automotive wearables, biometric vehicle access, and smartphone applications), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG25A2172 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|Tables:
116
|Figures:
77
Automotive Endpoint Authentication Market Insights
Automotive Endpoint Authentication Market size was valued at USD 3004.51 million in 2019 and is poised to grow from USD 3444.49 million in 2023 to USD 3444.49 million by 2031, growing at a CAGR of 14.85% in the forecast period (2024-2031).
Utilizing an endpoint authentication mechanism ensures that only authorised endpoint devices can connect to a network by tracking and verifying the identities of all external devices connected to it. For networks with a spike in distant users, endpoint authentication is essential.
The requirement for encryption is rising along with the penetration of cyberattacks, which is driving the automotive endpoint authentication market globally. In fact, the market expansion of insurance firms is being driven by the expansion of vehicle safety laws and the addition of advantages for vehicles with endpoint security. High cost and potential product part loss could limit market expansion. Additionally, as the market for mobile apps grows, so does the opportunity for endpoint authentication in the automobile sector. Additionally, the Biometric Application Programming Interface (BioAPI) will undoubtedly accelerate the growth of the automotive endpoint authentication market in the automotive industry.
US Automotive Endpoint Authentication Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Bluetooth
Fastest Growth
Bluetooth
Growth Rate
14.85% CAGR
Global Automotive Endpoint Authentication Market ($ Bn)
Country Share for Europe Region (%)
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Automotive Endpoint Authentication Market Segmental Analysis
The Global Automotive Endpoint Authentication Market is segmented based on authentication, Product Type, application, Connectivity, and Region. Based on Product Type it is categorized into Biometric Vehicle Access, Smartphone Application, Automotive Wearables. Based on Application it is categorized into: Passenger Cars, Electric Vehicles. On the basis of Connectivity the market is segmented into Bluetooth, Wi-Fi, Mobile Networks. Based on authentication, the market is segmented into Automotive wearables, biometric vehicle access, and smartphone applications. Based on region it is categorized into: North America, Europe, Asia-Pacific, South America, and MEA.
Automotive Endpoint Authentication Market Analysis by Application
During the forecast period, the passenger car segment is anticipated to account for the highest share in the worldwide automotive endpoint authentication market. They have been the most widely utilised kind for many years. Following COVID, there was an increase in the buying of private vehicles to stop the spread of infection. In addition to preventing attacks, automotive endpoint authentication supports locking features that are quite helpful for families. They also aid in location monitoring, which is a significant market driver for automobile end-point authentication worldwide. During the anticipated period, this will raise the market share for the worldwide endpoint authentication market. From 2022 to 2028, the electric vehicle market is anticipated to expand at the fastest rate. Consumers may charge the batteries of electric vehicles whenever it is convenient for them, and they are environmentally beneficial. EVs, which run on batteries rather than petrol, are the vehicles of the future. The rising price of petroleum encourages buyers to buy electric cars. Due to these benefits, the electric car market is predicted to develop the fastest.
Automotive Endpoint Authentication Market Analysis by Connectivity
During the forecast period, the Bluetooth segment is anticipated to account for the highest proportion of the worldwide automotive endpoint authentication market. Connecting a consumer's smartphone devices over Bluetooth improves the user experience. It was introduced at the beginning of 2010, which made it possible to use authentication mechanisms. Between 2022 and 2028, the wi-fi market is anticipated to develop at the fastest rate. Wi-Fi facilitates device tracking and enables the installation of GPS systems. It doesn't take up much room and aids in preventing cyber-attacks. Because of these benefits, the wi-fi market is anticipated to develop the fastest.
Global Automotive Endpoint Authentication Market By Connectivity
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Automotive Endpoint Authentication Market Regional Insights
Due to the increasing need for wired and driverless vehicles, Europe held the notable automotive endpoint authentication market shrae. The German government is moving aggressively to bring wired cars to market. For instance, the City unveiled its Action Plan for automated driving in August 2017. At the Federal Ministry of Transport and Digital Infrastructure, the Ethics Commission recommended the use of autonomous driving systems. The objective of this government programme was to quickly and effectively introduce autonomous driving in Germany.
Asia Pacific is a promising region for the automotive endpoint authentication market due to the smart city efforts and rising demand for passenger automobiles in developing nations like China and India. The area's growing internet adoption makes portable networks more widely used. Such systems raise the likelihood that wired and driverless vehicles may be the target of cyberattacks, which increases the demand for robust endpoint security solutions in the automotive sector. The increased worry about vehicle safety brought on by an increase in vehicle theft is another factor driving the automotive endpoint authentication market expansion in the area.
Global Automotive Endpoint Authentication Market By Region
- Largest
- Fastest
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Automotive Endpoint Authentication Market Dynamics
Automotive Endpoint Authentication Market Driver
- The automotive endpoint authentication market is projected to be aided by expanding passenger and commercial vehicle sales across a number of developing and developed countries due to rising disposable incomes, climbing vehicle ownership, and high purchasing parity.
- The market for automotive endpoint authentication is driven by an increase in cyberattacks and intrusions as well as a constantly rising demand for security. The industry is also boosted by an increase in rules pertaining to vehicle security and additional advantages provided by insurance providers for vehicles equipped with endpoint security.
Automotive Endpoint Authentication Market Restraint
- Threats and assault scenarios that are unpredictable: Many alternative entry points, such as vehicular databases, distant communication technologies, and vehicular parts, can allow access to a vehicle architecture. Automakers won't be able to forecast where hackers will strike next because new techniques are constantly being developed, this may act as a restraint for the market.
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Automotive Endpoint Authentication Market Competitive Landscape
There are a few worldwide players that are acting in larger part of the nations and a developing number of more modest players in the provincial level, who are offering moderate quality items in a reasonable scope of costs. The major players in the market are Hitachi Ltd., Continental AG, Garmin Ltd., Samsung Electronics Co. Ltd., Synaptics Incorporated, Fitbit Inc., Fujitsu Ltd., HID Global Corporation, Symantec Corporation, Voxx International Corporation
Automotive Endpoint Authentication Market Top Players Company Profiles
- Intel Corporation
- Cisco Systems Inc.
- Symantec Corporation
- IBM Corporation
- Fortinet Inc.
- SecuriThings
- NXP Semiconductors N.V.
- OnBoard Security, Inc.
- Harman International Industries Inc.
- Continental AG
- Denso Corporation
- Robert Bosch GmbH
- Infineon Technologies AG
- Lear Corporation
- STMicroelectronics N.V.
- Mitsubishi Electric Corporation
- Wind River Systems Inc.
- Trillium Secure Inc.
- Karamba Security
- Arilou Technologies Ltd.
Automotive Endpoint Authentication Market Recent Developments
- In May 2022, By announcing intentions to enact default multifactor authentication (MFA) across all of its repositories, GitHub recently made security headlines.
Automotive Endpoint Authentication Key Market Trends
- The rapid advancement of fresh technology will cause certain structural changes in the automotive sector in the near future. The manufacturing process will undergo a dramatic transformation thanks to artificial intelligence (AI) and machine learning, which will increase robotic uniformity, accuracy, and efficiency. OEMs are able to offer appealing features and support revenue development thanks to level 2 automation, which includes active safety systems and driver assistance. For the technology to evolve and for consumers to embrace level 4 autonomous vehicles, however, additional delays are anticipated.
Automotive Endpoint Authentication Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our Global Automotive Endpoint Authentication Market analysis, by product type, the passenger car segment is estimated to have the largest share of the market. By connectivity-wise, the bluetooth segment has dominated the market share, followed by Wi-Fi. Region-wise, the Europe region accounted highest market share of the total market revenue.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 3004.51 million |
| Market size value in 2031 | USD 3444.49 million |
| Growth Rate | 14.85% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Million |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Automotive Endpoint Authentication Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Automotive Endpoint Authentication Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Automotive Endpoint Authentication Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Automotive Endpoint Authentication Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Automotive Endpoint Authentication Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Automotive Endpoint Authentication Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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