With rapid economic development across Asia Pacific the automotive industry will continue to witness an upward trend in production of vehicles. Asia Pacific is home to some of the largest vehicle manufacturers for passenger cars, with China, Japan, and Korea contributing over 37 million units of production, or 42 percent of the global production market. With that, the automobile industry will continue to place a record number of cars on the roads.
Rising expectations around levels of comfort, navigation assistance, car intelligence, and safety are no longer limited to the realms of luxury cars, but well entrenched in all car segments. To achieve this onboard systems in all cars are now increasing complex, interconnected and all online (IoT of cars) – surfacing the issue of security which has already drawn attention of car manufactures paving the way for the Automotive Cyber Security Industry as a distinct category already estimated to be at around USD 759 million by 2023^ and would probably continue to grow.