Automotive Cyber Security Market Size, Growth, Trends | Report 2023-2032
The global automotive cyber security market was surpassed at USD 3,090.63 million in 2022 and is expected to hit around USD 20,706.45 million by 2032, growing at a CAGR of 20.95% from 2023 to 2032.
Key Pointers
Report Scope of the Automotive Cyber Security Market
| Report Coverage | Details |
| Market Size in 2022 | USD 3,090.63 million |
| Revenue Forecast by 2032 | USD 20,706.45 million |
| Growth rate from 2023 to 2032 | CAGR of 20.95% |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Regions Covered | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Covered | Sheelds; Vector Informatik GmbH; NXP Semiconductors N.V.; Harman International; Broadcom Inc.; Denso Corporation; Honeywell International, Inc.; Guard Knox Cyber-Technologies Ltd. |
Automotive cyber security is undergoing a fast revolution that is driven by socio-economic and environmental trends due to new manufacturing methods and consumer-challenging technologies.
Vehicle connectivity is expanding quickly, creating many chances for innovative new features and appealing business strategies. The risk of cyber-attacks on automotive networks is also rising at the same time. Cyber-attacks have resulted in financial losses and damage to vehicular safety and reliability.
With the incorporation of technologies like artificial intelligence, machine learning, private 5G, edge computing, and high-performance processing units, autonomous vehicles have made significant improvements recently. Edge computing assists autonomous EVs in managing a large amount of information at the edge to reduce latency and enable vehicles to make decisions based on data in real time.
Moreover, due to the adopting technologies, it is crucial for the suppliers and manufacturers in the automobile industry to adopt National Highway Traffic Safety Administration NHTSA's rules and prioritize vehicle cyber security. Setting internal procedures and policies to ensure systems will be secure in anticipated real-world circumstances, including the presence of potential vehicle cyber security threats, is another aspect of giving vehicle cyber security a high priority. The environment for automotive cyber security is dynamic and is anticipated to evolve frequently.
There are numerous cybersecurity vulnerabilities specific to the automobile sector. A vehicle's safety and advanced driver assistance systems could be damaged by cybercriminals, or even worse, they could alter any automated capabilities to directly cause a disaster. Security experts are concentrating on research and development on integrating defense mechanisms to counter the growing cyberattacks on EVs. Integrating a defense mechanism becomes a crucial design element as self-driving software and hardware characteristics undergo technical advancements.
The technology that connects driverless vehicles to the internet is typical with the help of a cloud platform. Connecting vehicles to the networks is dangerous. The attack surface grows as more vehicles are linked to the networks. In current scenarios, there is a surge in the installation of sensors and software used in automobiles. Connected automobiles gather data from more than 150 sensing devices placed all over the car. Everything may be tracked with it, including the user's driving habits and the location of the vehicle.
In the post-pandemic period, cyberattacks became more frequent and sophisticated due to the smart mobility ecosystem's ongoing progress. New attack avenues have been shown by financial and geopolitical concerns, and supply chains and these are anticipated to propel automotive and smart mobility players to increase their cybersecurity spending.
Automotive Cyber Security Market Segmentations:
| By Security Type | By Vehicle Type | By Application | By Service |
|
Endpoint Application Wireless Network |
Passenger Car Commercial Vehicle Electrical Vehicle |
ADAS & Safety System Infotainment Body Electronics Powertrain Telematics |
In-Vehicle Services External Cloud Services |
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Automotive Cyber Security Market
5.1. COVID-19 Landscape: Automotive Cyber Security Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Automotive Cyber Security Market, By Security Type
8.1. Automotive Cyber Security Market, by Security Type, 2023-2032
8.1.1. Endpoint
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Application
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. Wireless Network
8.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Automotive Cyber Security Market, By Vehicle Type
9.1. Automotive Cyber Security Market, by Vehicle Type, 2023-2032
9.1.1. Passenger Car
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Commercial Vehicle
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. Electrical Vehicle
9.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Automotive Cyber Security Market, By Application
10.1. Automotive Cyber Security Market, by Application, 2023-2032
10.1.1. ADAS & Safety System
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Infotainment
10.1.2.1. Market Revenue and Forecast (2020-2032)
10.1.3. Body Electronics
10.1.3.1. Market Revenue and Forecast (2020-2032)
10.1.4. Powertrain
10.1.4.1. Market Revenue and Forecast (2020-2032)
10.1.5. Telematics
10.1.5.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Automotive Cyber Security Market, By Service
11.1. Automotive Cyber Security Market, by Service, 2023-2032
11.1.1. In-Vehicle Services
11.1.1.1. Market Revenue and Forecast (2020-2032)
11.1.2. External Cloud Services
11.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 12. Global Automotive Cyber Security Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Security Type (2020-2032)
12.1.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.1.3. Market Revenue and Forecast, by Application (2020-2032)
12.1.4. Market Revenue and Forecast, by Service (2020-2032)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Security Type (2020-2032)
12.1.5.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.1.5.3. Market Revenue and Forecast, by Application (2020-2032)
12.1.5.4. Market Revenue and Forecast, by Service (2020-2032)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Security Type (2020-2032)
12.1.6.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.1.6.3. Market Revenue and Forecast, by Application (2020-2032)
12.1.6.4. Market Revenue and Forecast, by Service (2020-2032)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Security Type (2020-2032)
12.2.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.2.3. Market Revenue and Forecast, by Application (2020-2032)
12.2.4. Market Revenue and Forecast, by Service (2020-2032)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Security Type (2020-2032)
12.2.5.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.2.5.3. Market Revenue and Forecast, by Application (2020-2032)
12.2.5.4. Market Revenue and Forecast, by Service (2020-2032)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Security Type (2020-2032)
12.2.6.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.2.6.3. Market Revenue and Forecast, by Application (2020-2032)
12.2.6.4. Market Revenue and Forecast, by Service (2020-2032)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Security Type (2020-2032)
12.2.7.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.2.7.3. Market Revenue and Forecast, by Application (2020-2032)
12.2.7.4. Market Revenue and Forecast, by Service (2020-2032)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Security Type (2020-2032)
12.2.8.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.2.8.3. Market Revenue and Forecast, by Application (2020-2032)
12.2.8.4. Market Revenue and Forecast, by Service (2020-2032)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Security Type (2020-2032)
12.3.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.3.3. Market Revenue and Forecast, by Application (2020-2032)
12.3.4. Market Revenue and Forecast, by Service (2020-2032)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Security Type (2020-2032)
12.3.5.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.3.5.3. Market Revenue and Forecast, by Application (2020-2032)
12.3.5.4. Market Revenue and Forecast, by Service (2020-2032)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Security Type (2020-2032)
12.3.6.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.3.6.3. Market Revenue and Forecast, by Application (2020-2032)
12.3.6.4. Market Revenue and Forecast, by Service (2020-2032)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Security Type (2020-2032)
12.3.7.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.3.7.3. Market Revenue and Forecast, by Application (2020-2032)
12.3.7.4. Market Revenue and Forecast, by Service (2020-2032)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Security Type (2020-2032)
12.3.8.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.3.8.3. Market Revenue and Forecast, by Application (2020-2032)
12.3.8.4. Market Revenue and Forecast, by Service (2020-2032)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Security Type (2020-2032)
12.4.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.4.3. Market Revenue and Forecast, by Application (2020-2032)
12.4.4. Market Revenue and Forecast, by Service (2020-2032)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Security Type (2020-2032)
12.4.5.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.4.5.3. Market Revenue and Forecast, by Application (2020-2032)
12.4.5.4. Market Revenue and Forecast, by Service (2020-2032)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Security Type (2020-2032)
12.4.6.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.4.6.3. Market Revenue and Forecast, by Application (2020-2032)
12.4.6.4. Market Revenue and Forecast, by Service (2020-2032)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Security Type (2020-2032)
12.4.7.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.4.7.3. Market Revenue and Forecast, by Application (2020-2032)
12.4.7.4. Market Revenue and Forecast, by Service (2020-2032)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Security Type (2020-2032)
12.4.8.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.4.8.3. Market Revenue and Forecast, by Application (2020-2032)
12.4.8.4. Market Revenue and Forecast, by Service (2020-2032)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Security Type (2020-2032)
12.5.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.5.3. Market Revenue and Forecast, by Application (2020-2032)
12.5.4. Market Revenue and Forecast, by Service (2020-2032)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Security Type (2020-2032)
12.5.5.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.5.5.3. Market Revenue and Forecast, by Application (2020-2032)
12.5.5.4. Market Revenue and Forecast, by Service (2020-2032)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Security Type (2020-2032)
12.5.6.2. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.5.6.3. Market Revenue and Forecast, by Application (2020-2032)
12.5.6.4. Market Revenue and Forecast, by Service (2020-2032)
Chapter 13. Company Profiles
13.1. Sheelds
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Vector Informatik GmbH
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. NXP Semiconductors N.V.
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Harman International
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Broadcom Inc.
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Denso Corporation
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Honeywell International, Inc.
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Guard Knox Cyber-Technologies Ltd.
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers