Global Automotive End-point Authentication Market: Snapshot
The global market for automotive endpoint authentication is
anticipated to witness a healthy growth over the coming years. According to
Transparency Market Research (TMR), the vendor landscape fragmented with few
market participants. The industry is monopolized by established vendors which
makes it tough for new market participants to gain a foothold. Also, the costs
involved with setting up production plants in this industry are quite high and tend
to deter medium- and small-sized enterprises. Our report predicts that
the global
automotive end-point authentication market will grow at
healthy CAGR of 8.6% over the forecast period of 2017 to 2025. The market,
which stood at an estimated valuation of US$0.504 mn in 2017 is expected to
touch US$1.115 mn by the end of the forecast period.
Major Key Players of
the Automotive End-point Authentication Market are:
Garmin Ltd., Continental AG, Samsung Electronics Co., Fujitsu Ltd., Hitachi
Ltd., Ltd., Symantec Corporation, VOXX International Corporation, Valeo S.A.,
Synaptics Incorporated, and Sonavation, Inc.
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End-point Authentication Market” at: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=25667
HVs and EVs to Emerge Popular Market Segments
The overall automotive end-point authentication market
comprises of conventional and electric & hybrid vehicles based on the
vehicle type. Our report mentions that while the conventional vehicle segment
has held almost half of the overall market revenue till date, the segment of
HVs and EVs is expected to gain prominence. Over the coming years, electric and
hybrid vehicles segment is set to experience a surge in growth rate due to
their growing popularity and utilization. Being eco-friendly and fuel efficient
they will see their sales soar further.
Considering geographical segmentation, Europe generated the
most revenue with a whopping thirty percent share of the overall market. While
based on growth rate, the Asia Pacific is foretold to see immense growth
opportunities. This is attributed to the perpetually increasing demand of
passenger vehicles in growing economies like China and India.
Key Takeaways:
- Hybrid
and electric vehicles to dominate market demand in upcoming years
- Stringent
regulations glob in place globally for safety, fuel efficiency and
eco-friendliness a vital factor boosting growth
The market is segmented along the following lines:
Global Automotive End-Point Authentication Market, by
Authentication Type
- Smart
Phone Application
- Wearables
- Biometric
Vehicle Access
Global Automotive End-Point Authentication Market, by
Vehicle Type
- Conventional
Vehicles
- Hybrid
and Electric Vehicles
Global Automotive End-Point Authentication Market, by
Connectivity Type
- Wi-Fi
- Bluetooth
- Cellular
Network
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Research objectives:-
– To study and analyze the global 55 consumption (value
& volume) by key regions/countries, product type and application, history
data.
– To understand the structure of the 55 market by
identifying its various sub-segments.
– Focuses on the key global 55 manufacturers, to define,
describe and analyze the sales volume, value, market share, market competitive
landscape, SWOT analysis, and development plans in the next few years.
– To analyze the 55 with respect to individual growth
trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors
influencing the growth of the market (growth potential, opportunities, drivers,
industry-specific challenges and risks).
About Us
Transparency Market Research (TMR) is a market intelligence
company, providing global business information reports and services. Our
exclusive blend of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR’s
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analyze information. Our business offerings represent the latest and the most
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