Global Automotive Cybersecurity Market 2023-2029
According to the latest research, the global automotive cybersecurity market is poised to grow by USD 7.1 billion during 2023-2029, progressing at a CAGR of 21.64% during the forecast period. Automotive cybersecurity is an important consideration for the automotive industry as vehicles become increasingly connected and software-driven. By implementing robust cybersecurity measures and technologies, automotive manufacturers can help to protect their vehicles and customers from cyber threats.Automotive cybersecurity is an important consideration for the automotive industry as vehicles become increasingly connected and software-driven. By implementing robust cybersecurity measures and technologies, automotive manufacturers can help to protect their vehicles and customers from cyber threats.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global automotive cybersecurity market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the type, form, vehicle type, application, level of autonomy, and region. The global market for automotive cybersecurity can be segmented by type: network security, software security, cloud security, hardware security. In 2022, the software security segment made up the largest share of revenue generated by the automotive cybersecurity market. Automotive cybersecurity market is further segmented by form: in-vehicle, external cloud services. The in-vehicle segment was the largest contributor to the global automotive cybersecurity market in 2022. Based on vehicle type, the automotive cybersecurity market is segmented into: passenger cars, commercial vehicle. The passenger cars segment is estimated to account for the largest share of the global automotive cybersecurity market. On the basis of application, the automotive cybersecurity market also can be divided into: EV charging station, telematics, infotainment, on-board diagnostic (OBD), ADAS and safety system, communication, others. The ADAS and safety system segment held the largest share of the global automotive cybersecurity market in 2022 and is anticipated to hold its share during the forecast period. Automotive cybersecurity market by level of autonomy is categorized into: level 1, level 2, level 3, level 4. The automotive cybersecurity market by region can be segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America.
Market Segmentation
By type: network security, software security, cloud security, hardware security
By form: in-vehicle, external cloud services
By vehicle type: passenger cars, commercial vehicle
By application: EV charging station, telematics, infotainment, on-board diagnostic (OBD), ADAS and safety system, communication, others
By level of autonomy: level 1, level 2, level 3, level 4
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report explores the recent developments and profiles of key vendors in the Global Automotive Cybersecurity Market, including Vector Informatik GmbH, Aptiv plc, NXP Semiconductors NV, Harman International Industries Inc., Denso Corporation, Guardknox Cyber Technologies Ltd., Argus Cyber Security Ltd., ESCRYPT GmbH, Synopsys, Inc., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
Scope of the Report
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