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The global automotive cybersecurity industry was pegged at $7.23 billion in 2020, and is expected to reach $32.41 billion by 2030, growing at a CAGR of 16.6% from 2021 to 2030, according to Allied Market Research. Drivers, restraints, and opportunities Rise in need for automotive cybersecurity, mandatory cybersecurity standards, and government initiatives for implementing connected car technology have boosted the growth of the global automotive cybersecurity market. However, surge in development of common platforms leading … More
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