Global Automotive Cyber Security Market, By Security (Endpoint, Application and Wireless Network), Form (In-Vehicle and External Cloud Services), Application (ADAS and Safety, Body Control and Comfort, Infotainment, Telematics, Powertrain Systems, Communication Systems), Vehicle Type (Passenger Vehicles, Light Commercial Vehicles and Heavy Commercial Vehicles), Offering (Software and Hardware), Electric Vehicle Type (Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV), and Plug-In Hybrid Electric Vehicle (PHEV)) - Industry Trends and Forecast to 2030.
Automotive Cyber Security Market Analysis and Size
The global automotive cybersecurity market was experiencing significant growth due to the increasing digitalization and connectivity of vehicles. As vehicles became more advanced with features like infotainment systems, autonomous driving capabilities, and various sensors, the potential attack surface for cyber threats also expanded. This led to a rising demand for cybersecurity solutions to protect vehicles and their occupants from potential cyberattacks.The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core influencing areas and the difference in your target markets.
Data Bridge Market Research analyses that the global automotive cyber security market which was USD 2,113.10 million in 2022, is expected to reach USD 9,537.67 million by 2030, and is expected to undergo a CAGR of 20.73% during the forecast period of 2023 to 2030. The “security type segment” is expected to dominate the market because network security largely depends on its type i.e. the type of security the network need. This market includes a wide range of components and solutions, such as intrusion detection and prevention systems, encryption and authentication mechanisms, secure communication protocols, security testing and assessment tools, firewalls, software updates and patches, secure gateways, and security management platforms. The market also involves various services, including risk assessment, security consulting, incident response, and managed security services, provided by automotive cybersecurity vendors, consulting firms, and specialized service providers.
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand
Automotive Cyber Security Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customisable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Security (Endpoint, Application and Wireless Network), Form (In-Vehicle and External Cloud Services), Application (ADAS and Safety, Body Control and Comfort, Infotainment, Telematics, Powertrain Systems, Communication Systems), Vehicle Type (Passenger Vehicles, Light Commercial Vehicles and Heavy Commercial Vehicles), Offering (Software and Hardware), Electric Vehicle Type (Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV), and Plug-In Hybrid Electric Vehicle (PHEV))
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa
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Market Players Covered
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Harman International (U.S.), Argus Cyber Security (a subsidiary of Continental AG) (Israel), Karamba Security (U.S.), Symantec Corporation (U.S.), BlackBerry Limited (Canada), GuardKnox (Israel), NXP Semiconductors (Netherland), Aptiv PLC (Ireland), Continental AG (Germany), Lear Corporation (U.S.), Intel Corporation (U.S.), Escrypt (a subsidiary of ETAS GmbH) (Germany), Arilou Technologies (a NNG company) (Israel), Upstream Security (U.S.), Trillium Secure (U.S.), VDOO (U.S.), Saferide Technologies (Israel), Autotalks (Israel), OnBoard Security (U.S.), Cybellum (Israel)
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Market Opportunities
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Market Definition
The global automotive cybersecurity market can be defined as the market encompassing the technologies, solutions, and services designed to protect vehicles, automotive systems, and connected car platforms from cyber threats, unauthorized access, data breaches, and malicious activities. It involves the implementation of security measures to safeguard the integrity, confidentiality, and availability of automotive electronic systems, in-vehicle networks, and data communications.
Global Automotive Cyber Security Market Dynamics
Drivers
- Stringent Regulations and Standards
Governments and regulatory bodies worldwide are imposing regulations and industry standards to ensure the cybersecurity of vehicles, prompting automotive manufacturers to invest in cybersecurity solutions to comply with these requirements.
- Growing Complexity of Automotive Systems
Modern vehicles are equipped with complex electronic systems, including infotainment systems, autonomous driving features, and vehicle-to-vehicle (V2V) communication, creating a larger attack surface that requires robust cybersecurity measures.
Opportunity
- Partnership and Collaboration
Collaboration between automotive manufacturers, technology providers, and cybersecurity firms can foster innovation and the development of comprehensive cybersecurity solutions tailored to the automotive industry's unique requirements.
Restraint/Challenge
- Lack of Industry-wide Standards
The absence of unified industry standards for automotive cybersecurity poses challenges in terms of interoperability, compatibility, and implementation across different vehicles and systems. Harmonization of standards is essential for driving consistent cybersecurity practices across the industry
This global automotive cyber security market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the automotive cyber security market contact Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.
Recent Developments
- In November, 2021, NXP Semiconductors joined hands with Ford Motor Company for delivering enhanced driver experiences, and services, such as over-the-air updates
- In October,2021, Renesas Electronic Corporation acquired Celeno Communications (Israel) . The aim of the acquisition is developing more advanced Wi-Fi connectivity capabilities to offer end-to-end connectivity solutions for clients
Global Automotive Cyber Security Market Scope
The global automotive cyber security market is segmented on the basis of security, form, application, vehicle type, offering, and electric vehicle type. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Security
- Endpoint
- Application
- Wireless
Form
- In-Vehicle
- External Cloud Services
Vehicle Type
- Passenger Vehicles
- Light Commercial Vehicles
- Heavy Commercial Vehicles
Offering
- Software
- Hardware
Electric Vehicle Type
- Battery Electric Vehicle (BEV)
- Hybrid Electric Vehicle (HEV)
- Plug-In Electric Vehicle (PHEV)
Global Automotive Cyber Security Market Regional Analysis/Insights
The global automotive cyber security market is analysed and market size insights and trends are provided by country, security, form, application, vehicle type, offering, and electric vehicle type as referenced above.
The countries covered in the global automotive cyber security market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa.
The North America is home to many leading automotive and technology companies that are at the forefront of developing advanced vehicles and connectivity solutions. This has driven the demand for robust cybersecurity measures to protect these innovations and is currently dominating the global automotive cyber security market. Also, the U.S. is at the forefront of technological innovation, including advancements in automotive technologies and cybersecurity solutions. Many leading cybersecurity companies and research institutions in the U.S. are actively involved in developing cutting-edge automotive cybersecurity technologies, contributing to the industry's growth and development.
Asia-Pacific region is expected to see a significant growth in the global automotive cybersecurity market as people are getting aware of the technologics and their advantages and also the government policies towards this market will rise in the forecast period of 2023 to 2030.
The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, and Porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of North American brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Automotive Cyber Security Market Share Analysis
The global automotive cyber security market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, North America presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the global automotive cyber security market.
Some of the major players operating in the global automotive cyber security market are:
- Harman International (U.S.)
- Argus Cyber Security (a subsidiary of Continental AG) (Israel)
- Karamba Security (U.S.)
- Symantec Corporation (U.S.)
- BlackBerry Limited (Canada)
- GuardKnox (Israel)
- NXP Semiconductors (Netherland)
- Aptiv PLC (Ireland)
- Continental AG (Germany)
- Lear Corporation (U.S.)
- Intel Corporation (U.S.)
- Escrypt (a subsidiary of ETAS GmbH) (Germany)
- Arilou Technologies (a NNG company) (Israel)
- Upstream Security (U.S.)
- Trillium Secure (U.S.)
- VDOO (U.S.)
- Saferide Technologies (Israel)
- Autotalks (Israel)
- OnBoard Security (U.S.)
- Cybellum (Israel)
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