North America Cybersecurity for Autonomous Vehicles Market Size, Share & Trends Analysis Report By Form, By Application, By Security Type, By Type (Passenger and Commercial), By Country and Growth Forecast, 2024 - 2031

North America Cybersecurity for Autonomous Vehicles Market Size, Share & Trends Analysis Report By Form, By Application, By Security Type, By Type (Passenger and Commercial), By Country and Growth Forecast, 2024 - 2031

The North America Cybersecurity for Autonomous Vehicles Market would witness market growth of 22.1% CAGR during the forecast period (2024-2031).

The US market dominated the North America Cybersecurity for Autonomous Vehicles Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $438.9 million by 2031. The Canada market is experiencing a CAGR of 24.6% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 23.7% during (2024 - 2031).

The cybersecurity for autonomous vehicles market is rapidly emerging as one of the most critical aspects of the automotive and technology industries, driven by the increasing reliance on digital systems and the proliferation of connected technologies. Autonomous vehicles, or self-driving cars, can navigate and operate without human intervention using sensors, cameras, machine learning, AI, and sophisticated algorithms.

Additionally, as the automotive sector moves towards greater automation, the potential for cyber threats and vulnerabilities grows, necessitating robust cybersecurity solutions to protect AVs from various risks, including hacking, data theft, and unauthorized control.

The growth of the cybersecurity for autonomous vehicles market is significantly influenced by the rising share of autonomous vehicles in the USA and the expansion of the automotive sector in Mexico. These developments require advanced cybersecurity solutions to protect autonomous vehicles from potential cyber threats and vulnerabilities. In the USA, the Insurance Institute for Highway Safety projects that there will be 3.5 million self-driving vehicles on American roads by 2025, increasing to 4.5 million by 2030. This rapid adoption of autonomous vehicles highlights the growing reliance on sophisticated technologies that control vehicle functions, navigation, and communication.

Based on Form, the market is segmented into In-vehicle cybersecurity and External cloud cybersecurity. Based on Application, the market is segmented into ADAS & Safety, Communication Systems, Telematics, Infotainment, Body Control & Comfort, and Powertrain Systems & Other Application. Based on Security Type, the market is segmented into Network Security, Application Security, and Endpoint Security. Based on Type, the market is segmented into Passenger and Commercial. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

• Infineon Technologies AG
• Qualcomm Incorporated (Qualcomm Technologies, Inc.)
• NXP Semiconductors N.V.
• Continental AG
• DENSO CORPORATION
• Harman International Industries, Inc. (Samsung Electronics Co., Ltd.)
• Lear Corporation
• Aptiv PLC
• Robert Bosch GmbH
• Cisco Systems, Inc.

North America Cybersecurity for Autonomous Vehicles Market Report Segmentation

By Form

• In-vehicle cybersecurity
• External cloud cybersecurity

By Application

• ADAS & Safety
• Communication Systems
• Telematics
• Infotainment
• Body Control & Comfort
• Powertrain Systems & Other Application

By Security Type

• Network Security
• Application Security
• Endpoint Security

By Type

• Passenger
• Commercial

By Country

• US
• Canada
• Mexico
• Rest of North America