Hacking of Internet connected cars is no longer shocking news. Last year, some successful demonstrations to the effect were also held. It is also no news that electronics continue to proliferate in automotive applications. A typical new car now contains dozens of embedded systems, making a hacked car a reality for automakers and drivers alike. The tiered nature of the automotive supply chain complicates efforts to design and build secure vehicles. As Internet connectivity and electronic features amplify in motor vehicles, cybersecurity threats will increase risks to both occupant safety and data privacy.
A new report by VDC Research addresses these issues and more. ‘Automotive Cybersecurity: Meeting the High-Stakes Challenge’ is aimed at those making critical decisions regarding product, market, channel, and competitive strategy and tactics in the automotive electronics and embedded security markets.
Additional insights of the research include:
Nearly one-third of new vehicles sold in 2015 had Internet connectivity through embedded cellular modems and/or smartphone interface, and by 2020, more than three-quarters of new vehicles will have such connectivity.
The average new vehicle in 2015 contained over 30 microprocessors. The number will continue to rise in coming years but be partially offset by consolidation of multiple functions into individual processors.
IoT Cloud services for the automotive market will rise at a CAGR of more than 50 per cent from 2014 to 2020, making automotive the fastest growing vertical market for IoT Cloud services, and presenting a strong opportunity for Cloud vendors and technology suppliers with expertise in both security and the automotive market.
Image Credit: VDC Research