“Automotive End-Point Authentication Market (By Authentication Type- Biometric Vehicle Access, Smart Phone Application, Wearables. By Connectivity Type – Cellular Network, WiFi and Bluetooth. By Vehicle- Electric and Hybrid Vehicle and Conventional Vehicle) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2016 – 2025”, in terms of revenue, the automotive end-point authentication market was valued at US$ 483.2 million in 2016, and is expected to reach US$ 1410.43 million by 2025, expected to grow at a CAGR of 12.7% from 2017 to 2025.
End-point authentication for automotive is a kind of mechanism that is used to verify or detect a network’s external source or any connecting device. This end-point authentication not only helps in identifying the user but also helps in identifying the connecting device that is logged on to the device. The stringent government regulations regarding the vehicle safety and installation of connected devices for autonomous driving are some of the major factors driving the growth of the automotive end-point authentication market. The end point authentication are avalaible for different features like ADAS (advance driver assistance system), real time diagnostic monitoring, navigation, service updates and maintainence and car lock status. By the utilization of security systems, authentication mechanism are executed, that identifies and grants access to particular network environment. Additionally, the rise in growth for smartphone application market is also augmenting the market growth for end-point authentication. Moreover, in automotive sector, the Biometric Application programming Interface (BioAPI) would certainly boost the market growth for end-point authentication during the forecast period of 2017-2025.