Latin America Automotive Cyber Security Market Size & Outlook
Latin America automotive cyber security market, 2018-2030 (US$M)
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Latin America automotive cyber security market highlights
- The Latin America automotive cyber security market generated a revenue of USD 111.3 million in 2023.
- The market is expected to grow at a CAGR of 18.8% from 2024 to 2030.
- In terms of segment, wireless network security was the largest revenue generating security in 2023.
- Application Security is the most lucrative security segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 111.3 million |
| Market revenue in 2030 | USD 371.1 million |
| Growth rate | 18.8% (CAGR from 2023 to 2030) |
| Largest segment | Wireless network security |
| Fastest growing segment | Application Security |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Endpoint Security, Application Security, Wireless Network Security |
| Key market players worldwide | Vector Informatik, NXP Semiconductors NV, Harman International, Broadcom Inc, Denso Corp, Honeywell International Inc, SheeldS, GuardKnox |
Other key industry trends
- In terms of revenue, Latin America region accounted for 3.0% of the global automotive cyber security market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,437.5 million by 2030.
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Automotive Cyber Security Market Scope
Automotive Cyber Security Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America automotive cyber security market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive cyber security market will help companies and investors design strategic landscapes.
Wireless network security was the largest segment with a revenue share of 39.08% in 2023. Horizon Databook has segmented the Latin America automotive cyber security market based on endpoint security, application security, wireless network security covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Latin America automotive cyber security market databook
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Our clientele includes a mix of automotive cyber security market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America automotive cyber security market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America automotive cyber security market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America automotive cyber security market
Latin America Automotive Cyber Security Market Outlook Share, 2023 & 2030 (US$M)
Latin America automotive cyber security market
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