- External cloud automotive cyber security services encompass a range of security solutions and protocols designed to protect connected vehicles' electronic systems, communication networks, algorithms, and user data from malicious attacks or unauthorized access, particularly focusing on cloud-based systems and services. These services aim to safeguard the increasing connectivity and software systems within vehicles from cyber threats, thereby enhancing the overall safety, data integrity, and reliability of modern automotive technologies.
- The increasing need for these services is primarily driven by the growing adoption of connected and autonomous vehicles, which inherently expands the landscape of potential cyber vulnerabilities. Furthermore, the rising frequency and sophistication of cyberattacks targeting the automotive industry, coupled with stringent government regulations and a growing consumer awareness of data privacy and vehicle safety, are creating a significant demand for robust external cloud-based cybersecurity services to ensure comprehensive protection and threat mitigation
- North America dominated the external cloud automotive cyber security services market with a share of 42.6% in 2024 due to growing demand for smart automotive solutions in the region
- Asia-Pacific is expected to be the fastest growing region in the external cloud automotive cyber security services market with a share of during the forecast period due to rapid digital transformation of the automotive sector across China, Japan, South Korea, and India
- Wireless network security segment dominated the market with a market share of 43.0% n 2024 due to the expansion of V2X communications and 5G-based vehicle connectivity. As vehicles increasingly rely on wireless channels for updates, diagnostics, and navigation, securing these communication pathways has become vital, especially against data interception and spoofing
