Automotive End-Point Authentication Market: Overview
This market research study analyzes the automotive end-point authentication market on global basis and provides estimates in terms of revenue (US$ Mn) from 2016 to 2025. It describes the market dynamics affecting the industry and analyzes their impact through the forecast period. Moreover, it highlights the significant opportunities for market growth in the next eight years. The market is segmented on the basis of geography into North America, Europe, Asia Pacific, Middle East and Africa (MEA), and Latin America.
End-point authentication is a type of mechanism, which is used to detect or verify a network’s external source or remote connecting device. This allows only authorized end-point devices to be connected to specific networks. Through the use of security systems, authentication mechanisms are implemented, which identify and grant access in specific network environments to the frequent remote users. End-point authentication helps in not only identifying the user but also the connecting device logged on to the network.
In order to have access to the network, the connecting device has to comply with the security standards of the network. In automobiles, there are several features for end-point authentication such as service and maintenance updates, door lock status, real time diagnostic monitoring, navigation, battery status and advanced driver assistance systems.
Automotive End-Point Authentication Market: Segmentation
These segments have been estimated in terms of revenue (US$ Mn). In addition, the report has been segmented based on authentication type, which includes, smart phone application, wearables and biometric vehicle access. By vehicle type the market is categorized into conventional and hybrid and electric vehicles. For better understanding of the automotive end-point authentication market, the study comprises market attractiveness analysis, where the vehicle type segment is benchmarked based on their market scope, growth rate and market attractiveness. Competitive rivalry is projected to be high among key players to acquire higher share of the market in the coming years.
Automotive End-Point Authentication Market: Competitive Analysis
The global automotive end-point authentication market is fragmented with few medium and large companies. Entry into this market is not restricted as there is no monopoly of business and the market has huge scope and opportunity. However, setting up of manufacturing units for automotive end-point authentication require huge capital and resource, which is not feasible for most of the small and medium sized companies. Increasing private equity investments and merger and acquisitions of companies in the automotive sector has been of great influence to the automotive end-point authentication market.
Significant growth in the automotive sector coupled with economic reforms in major developing countries has been able to bolster the growth of this market. In addition, government regulations relating to vehicular safety is one of the major driving factors motivating the growth of this market across the globe. Asia Pacific, Middle East and Africa, and Latin America are key markets for the future and are expected to provide huge opportunities to the global automotive end-point authentication manufacturers because of the increasing application of end-point authentication system in vehicles of the aforementioned regions.
The report also provides company market share analysis of the various industry participants. Acquisition is the main strategy being widely followed by leading market players. In case of an acquisition, the acquirer takes advantage of existing synergies. As a result, both companies are expected to emerge more profitable and stronger than before. Key players in the global automotive end-point authentication market have been profiled and their company overview, financial overview, business strategies and recent developments have been covered in the report. Major market participants profiled in this report include: Continental AG, Garmin Ltd., Fujitsu Ltd., Hitachi Ltd., Samsung Electronics Co., Ltd., VOXX International Corporation, Symantec Corporation, Synaptics Incorporated, Valeo S.A., and Sonavation, Inc.
The global automotive end-point authentication market is segmented as below:
Global Automotive End-Point Authentication Market: By Authentication Type
Global Automotive End-Point Authentication Market: By Vehicle Type
Global Automotive End-Point Authentication Market: By Connectivity Type
Global Automotive End-Point Authentication Market: By Geography
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