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Global Automotive end-point authentication Market to reach USD 2688.63 million by the end of 2029.

Global Automotive end-point authentication Market Size study & Forecast, by Product (Biometric Vehicle Access, Smartphone Application, Automotive Wearables) By Application (Passenger Cars, Electric Vehicles) By Peripheral Connectivity (Bluetooth, Wi-Fi., Mobile Networks) and Regional Analysis, 2022-2029

Product Code: OIRIA-56367802
Publish Date: 15-05-2023
Page: 200

Global Automotive end-point authentication Market is valued approximately USD 910.10 million in 2021 and is anticipated to grow with a healthy growth rate of more than 14.5% over the forecast period 2022-2029. Automotive end-point authentication refers to the process of verifying the identity and authenticity of end-point devices or components within an automotive system to ensure secure and trusted communication and operation. In the context of automotive systems, end-point devices may include electronic control units, sensors, actuators, and other connected devices that play a critical role in the operation of modern vehicles. The Automotive end-point authentication market is expanding because of factors such as increasing number of electric vehicles and rising adoption of ADAS technology.

End-point authentication is an important security measure in the automotive industry, as vehicles are becoming increasingly connected and autonomous, relying on complex electronic systems to enable functionalities. Its importance has progressively increased during the last few decades. According to Statista, the global electric vehicle fleet has been projected to have 77 million passenger vehicles by 2025, compared to an estimated 20 million units in year 2022. In the same year, global electric passenger vehicles accounted for approximately 1.5% of the global automotive industry. Furthermore, in 2021 around 11.3 million battery electric vehicles were operating globally, as more than four million new battery electric vehicles were added to the global fleet compared to the previous year. Another important component driving space increase is adoption of ADAS technology. As per Statista, in 2020, the advanced driver assistance systems market accounts USD 27.29 billion globally and estimated to reach about USD 58.59 billion by 2028. Some of the advanced driver assistance systems include automated emergency brake, lane keep assist, automatic parking, and adaptive cruise control. In addition, in 2021, there were about 84 million connected cars in the United States and the number is expected to reach over 305 million by 2035, so by the time United States would become the significant market for connected vehicles. Also, growing cyberattack intrusion and rising government initiatives about automobile safety would create a lucrative growth prospectus for the market over the forecast period. However, the high cost of Automotive end-point authentication stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Automotive end-point authentication Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the presence of key market players in the region. According to the Statista, in 2021 around 13.43 million motor vehicles were produced in North America. Furthermore, Asia Pacific is expected to grow with a highest CAGR during the forecast period, owing to factors such as increase in the number of electric vehicles, geographic expansion of key players, and active participation of government organizations in the market space.

Major market player included in this report 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

Recent Developments in the Market:
Ø In March 2023, Fujitsu launched a new 5G vRAN solution that combines Fujitsu’s virtualized CU and DU technologies using NVIDIA’s GPU capabilities. Fujitsu will begin delivering the new solution to customers worldwide, including telecommunications operators. The new solution was created as part of the NTT DOCOMO-sponsored “5G Open RAN Ecosystem” project, which also sponsored performance verification and evaluation of the new solution.

Global Automotive end-point authentication Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, Application, Peripheral Connectivity, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product
Biometric Vehicle Access.
Smartphone Application.
Automotive Wearables

By Application
Passenger Cars.
Electric Vehicles

By Peripheral Connectivity
Mobile Networks.

By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
1.2.1. Automotive end-point authentication Market, by Region, 2019-2029 (USD Million)
1.2.2. Automotive end-point authentication Market, by Product, 2019-2029 (USD Million)
1.2.3. Automotive end-point authentication Market, by Application, 2019-2029 (USD Million)
1.2.4. Automotive end-point authentication Market, by Peripheral Connectivity, 2019-2029 (USD Million)
Chapter 2. Global Automotive end-point authentication Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Automotive end-point authentication Market Dynamics
3.1. Automotive end-point authentication Market Impact Analysis (2019-2029)
3.1.1. Market Drivers Increasing number of electric vehicles Rising adoption of ADAS technology
3.1.2. Market Challenges High Cost of Automotive end-point authentication
3.1.3. Market Opportunities Growing cyberattack intrusion. Rising government initiatives about automobile safety
Chapter 4. Global Automotive end-point authentication Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Automotive end-point authentication Market, by Product
6.1. Market Snapshot
6.2. Global Automotive end-point authentication Market by Product, Performance – Potential Analysis
6.3. Global Automotive end-point authentication Market Estimates & Forecasts by Product 2019-2029 (USD Million)
6.4. Automotive end-point authentication Market, Sub Segment Analysis
6.4.1. Biometric Vehicle Access.
6.4.2. Smartphone Application.
6.4.3. Automotive Wearables
Chapter 7. Global Automotive end-point authentication Market, by Application
7.1. Market Snapshot
7.2. Global Automotive end-point authentication Market by Application, Performance – Potential Analysis
7.3. Global Automotive end-point authentication Market Estimates & Forecasts by Application 2019-2029 (USD Million)
7.4. Automotive end-point authentication Market, Sub Segment Analysis
7.4.1. Passenger Cars.
7.4.2. Electric Vehicles
Chapter 8. Global Automotive end-point authentication Market, by Peripheral Connectivity
8.1. Market Snapshot
8.2. Global Automotive end-point authentication Market by Peripheral Connectivity, Performance – Potential Analysis
8.3. Global Automotive end-point authentication Market Estimates & Forecasts by Peripheral Connectivity 2019-2029 (USD Million)
8.4. Automotive end-point authentication Market, Sub Segment Analysis
8.4.1. Bluetooth
8.4.2. Wi-Fi
8.4.3. Mobile Networks
Chapter 9. Global Automotive end-point authentication Market, Regional Analysis
9.1. Automotive end-point authentication Market, Regional Market Snapshot
9.2. North America Automotive end-point authentication Market
9.2.1. U.S. Automotive end-point authentication Market Product breakdown estimates & forecasts, 2019-2029 Application breakdown estimates & forecasts, 2019-2029 Peripheral Connectivity breakdown estimates & forecasts, 2019-2029
9.2.2. Canada Automotive end-point authentication Market
9.3. Europe Automotive end-point authentication Market Snapshot
9.3.1. U.K. Automotive end-point authentication Market
9.3.2. Germany Automotive end-point authentication Market
9.3.3. France Automotive end-point authentication Market
9.3.4. Spain Automotive end-point authentication Market
9.3.5. Italy Automotive end-point authentication Market
9.3.6. Rest of Europe Automotive end-point authentication Market
9.4. Asia-Pacific Automotive end-point authentication Market Snapshot
9.4.1. China Automotive end-point authentication Market
9.4.2. India Automotive end-point authentication Market
9.4.3. Japan Automotive end-point authentication Market
9.4.4. Australia Automotive end-point authentication Market
9.4.5. South Korea Automotive end-point authentication Market
9.4.6. Rest of Asia Pacific Automotive end-point authentication Market
9.5. Latin America Automotive end-point authentication Market Snapshot
9.5.1. Brazil Automotive end-point authentication Market
9.5.2. Mexico Automotive end-point authentication Market
9.5.3. Rest of Latin America Automotive end-point authentication Market
9.6. Rest of The World Automotive end-point authentication Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Hitachi Ltd Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
10.2.2. Continental AG
10.2.3. Garmin Ltd.
10.2.4. Samsung Electronics Co. Ltd.,
10.2.5. Synaptics Incorporated,
10.2.6. Fitbit Inc.,
10.2.7. Fujitsu Ltd.,
10.2.8. HID Global Corporation,
10.2.9. Symantec Corporation,
10.2.10. Voxx International Corporation

Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

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