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Automotive: Cyber Market Growing at 23% CAGR

February 13, 2020 | Content Aggregator - Single Slide | Embedded Systems and Internet of Things

The global automotive cyber security market is projected to grow at a CAGR of 23.16% from 2018-2025 to reach USD $5.77 billion. The growing number of connected cars and electronic content per vehicle, reinforcement of mandates by regulatory bodies for vehicle data protection, and the increasing number of cloud-based applications are the main reasons for this expected growth.
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