What is the Global market size of the Automotive Endpoint Authentication Market?

Global Automotive Endpoint Authentication Market size was valued at USD 3004.51 million in 2021 and is poised to grow from USD 3444.49 million in 2022 to USD 3444.49 million by 2030, growing at a CAGR of 14.85% in the forecast period (2023-2030).

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 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.

Automotive Endpoint Authentication Market Report Snapshots

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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).

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 Corporation, Symantec Corporation, Voxx International Corporation '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.'

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 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.

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Automotive Endpoint Authentication Market Regional Insights

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