Published in SC Magazine on September 26, 2023.
The value of the automotive digital key market will surpass $3 billion by the end of this year, according to Persistence Market Research. And it’s projected that the market value will almost quadruple to $11 billion in a decade. But as consumer demand for digital keys increases, so does the need for secure accessibility.
Traditionally, drivers have prevented automotive theft by holding their physical keys close and locking vehicle doors. Digital keys introduce a larger attack surface, using electronic authentication technologies that allow passive entry to a vehicle by intent or proximity. Leaders in digital key development vigilantly mitigate potential attacks that exploit vulnerabilities in the architecture and implementation of digital key technology.
In the last few years, automotive and smart device manufacturers have developed a standard to set up secure digital keys for long-term success and widespread adoption. By coupling the wireless tech of ultra-wideband (UWB) and bluetooth low energy (BLE) with the security of secure elements (SE) and near field communication (NFC) in the open environment of the Car Connectivity Consortium (CCC), we now strive to create a new chapter of convenient and secure digital keys has been created.
Daniel Knobloch, Vice President, Car Connectivity Consortium
Read the full article in SC Magazine here.
