Automotive Cybersecurity Market to Reach $759 Million in Revenue in 2023, IHS Markit Reports

Dateline City:
SOUTHFIELD, Mich. (Sept. 26, 2016)
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Automotive Cybersecurity Market - Low Res
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Automotive
Michelle Culver, +1 248 728 7496
michelle.culver@ihsmarkit.com

Growing complexity of in-vehicle electrical architectures increases potential vulnerabilities, according to forecasts

SOUTHFIELD, Mich. (September 26, 2016) – With nearly 112 million vehicles now connected around the world, the global market for automotive cybersecurity is expected to grow exponentially – to $759 million USD in 2023, according to a new report, “Automotive Cybersecurity and Connected Car,” from IHS Automotive, part of business information provider IHS Markit (Nasdaq: INFO). Connected cars are defined as those that have a connection to the internet, through telematics, an onboard modem or a paired device in the vehicle, such as a mobile phone or other device.

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INFO
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NASDAQ

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