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The automotive Ethernet market is projected to grow from USD 1.8 billion in 2020 to USD 5.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 20.9% from 2020 to 2026.
Major factors expected to drive the growth of the automotive Ethernet market include increasing demand for higher bandwidth, rise in deployment of ADAS and infotainment systems, rising vehicle production, and growing demand for passenger and safety and convenience. However, interoperability among components and application compatibility could pose challenges to market growth.
By component, the hardware segment to account for a higher market share during the forecast period
Automotive Ethernet provides connectivity for various automotive applications such as powertrain, chassis, body and comfort, ADAS, and infotainment systems. It supports high bandwidth applications operating at high or low
Automotive Ethernet Market worth $5.6 billion by 2026 - Exclusive Report by MarketsandMarkets Automotive Ethernet Market by Component (Hardware, Software, and Services), Type, Bandwidth, Application, Vehicle Type (Passenger Cars, Commercial Vehicles, and Farming and Off-highway Vehicles), and Region - Global Forecast to 2026
published by MarketsandMarkets, the market size to grow from USD 1.8 billion in 2020 to USD 5.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 20.9% during the forecast period.
Major factors expected to drive the growth of the Automotive Ethernet Market include low-cost Ethernet technology, rise in demand for Advanced Driver Assistance Systems (ADAS) and infotainment systems, and advancement in Ethernet technology.
Based on component, services segment to record the highest growth during the forecast period
Based on components, the services segment is expected to grow at a higher rate during the forecast period. The services segment has a major influence on the Automotive Ethernet Market s growth. The demand for services is increasing with the growing adoption of automotive Ethernet by passenger cars as well as commercial vehicle segment. These services assist end users in reducing costs, increasing overall revenues, and improving business performance. With the help of these services, automotive Original Equipment Manufacturers (OEMs) can track, evaluate, and analyze the requirements of their business to make better-informed decisions.
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The global network security testing industry generated $626.5 million in revenues in 2020, and is estimated to reach $1.13 billion by 2025, growing at a CAGR of 12.5%.
This research service analyzes the global network security testing market from 2019 to 2025, with 2020 as the base year, and provides an in-depth look at the dynamics influencing and challenging the market.
It covers virtual private network (VPN) testing, next-generation-firewalls (NGFWs) testing, distributed denial-of-service (DDoS) protection, intrusion prevention/detection systems (IPS/IDS), and data leakage prevention (DLP), universal resource locator (URL), unified threat management (UTM) testing, and content security filtering functions. The study only includes hardware sales and excludes software, maintenance, and support services.