Automotive Cybersecurity Market 2030 By Offering, Application, Form Type, Security Type (Application, Wireless, Endpoint), Approach, Vehicle Type (Passenger Car, Commercial Vehicle, Electric Vehicle), Propulsion Type, Vehicle Autonomy, EV Application and Region - Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional Footprints by MarketDigits

Automotive Cybersecurity Market size is estimated to grow from USD 3.9 Billion in 2022 to reach USD 16.2 Billion by 2030, growing at a CAGR of 19.7% during the forecast period from 2023 to 2030.

Major players Automotive Cybersecurity Market include: Robert Bosch GmbH (Germany), Continental AG (Germany), Harman International (US), Aptiv PLC (Ireland), DENSO Corporation (Japan), Vector Informatik GmbH, Karamba Security (Israel), GUARDKNOX (Israel), SafeRide Technologies (Israel), Arilou Automotive Cybersecurity (Israel), 11.    NXP Semiconductors N.V. (Netherlands), Broadcom Inc (US), Honeywell International, Inc.(US), Guard Knox Cyber-Technologies Ltd (Germany) & others.

The Automotive Cybersecurity Market has been growing rapidly in recent years. The need to protect vehicles from cyber risks has led to the creation of various cybersecurity solutions designed for the automotive sector. The adoption of advanced technologies and the growth of connected vehicle services have increased the demand for automotive cybersecurity services even more. Automotive Cybersecurity is the practice of protecting vehicles from cyber threats such as unauthorized access, theft, and remote control. The main goal of automotive cybersecurity is to ensure the safety and security of vehicles and their passengers. With the rise of internet-connected vehicles and autonomous vehicles, the risk of cyberattacks is higher than ever.

Automotive cybersecurity solutions prevent cyberattacks and protect vehicles from possible harm. Automotive cybersecurity is very important for the safety of vehicles and their passengers. A successful cyberattack on a vehicle can cause a loss of control, which can lead to accidents and deaths. Automotive cybersecurity offers benefits such as increased safety, improved reliability, and protection from cyber threats. It also helps to maintain customer trust and loyalty, which is vital for automakers in a highly competitive market.

The Automotive Cybersecurity Market has seen many innovations in recent years. One of the most significant developments is in-vehicle firewalls that block unauthorized access to the vehicle’s network. Another significant innovation is biometric authentication systems that use biometrics, facial recognition, and voice recognition to verify drivers before allowing access to the vehicle’s systems. Additionally, cybersecurity solutions based on machine learning and artificial intelligence have gained popularity in this market. Several industries, including technology, cybersecurity and automotive have invested in the Automotive Cybersecurity Market. The automotive industry is investing in this market to ensure the safety and reliability of vehicles, while the technology industry is developing advanced cybersecurity solutions for the automotive industry. Furthermore, the cybersecurity industry is investing in this market to take advantage of the growing demand for automotive cybersecurity services.

The Passenger Cars Segment is the dominant segment in the Automotive Cybersecurity Market.

Based on Vehicle Type, The Passenger Cars Segment is the dominant segment in the Automotive Cybersecurity Market. This is because of the high rate of consumer adoption of connected vehicles, which are vehicles that can communicate with other devices and networks. Consumers demand fuel-efficient and comfortable vehicles, which leads to many technological innovations in passenger cars, such as cybersecurity measures. Consumers also rely on technology more and more, which makes them choose connected vehicles. However, connected vehicles are more vulnerable to cyberattacks, which increases the need for cybersecurity measures in passenger cars. The Passenger Cars Segment of the Automotive Cybersecurity Market is expected to grow at the highest rate. This is because of factors such as the high adoption rate of connected vehicles, the need for regulatory compliance, and the increase in cyber threats against vehicles.

North America Dominates the Global Automotive Cybersecurity Market.

The global Automotive Cybersecurity Market is dominated by the North America, it hold the major market share in 2022, due to the automotive industry is facing cybersecurity challenges as technology advances rapidly. The increasing number of connected vehicles and the dependence on digital systems have made the automotive industry more vulnerable to cyber threats, which require high priority from manufacturers worldwide.

North America has become a hub for innovative cybersecurity solutions in the automotive industry. The region has a world-class technology ecosystem, supported by government, research, and development. This ecosystem encourages innovation and drives progress in this vital area.

One of the driving factors behind North America’s leadership in automotive cybersecurity is a strong network of tech companies. Silicon Valley in California hosts some of the most innovative technology companies in the world, such as Apple, Google, and Intel. These companies have invested heavily in developing sophisticated cybersecurity products and have been at the forefront of cybersecurity research.

In addition to the tech giants, North America also has a large network of entrepreneurs and smaller companies that focus exclusively on automotive cybersecurity. Many of these companies offer cutting-edge products and services that help improve the safety and security of vehicles on the road, stimulating innovation in the industry.

Automotive Cybersecurity Market Scope and Market Size

The Automotive Cybersecurity Market research report provides an in-depth overview of the industry including market segmentation by offering, application, form type, security type, approach, vehicle type, propulsion type, vehicle autonomy, EV application and region. Analysis of the global market with a special focus on high-growth applications in each vertical and fast-growing market segment. It includes a detailed competitive landscape with identification of the key players with respect to each type of market, in-depth market share analysis with individual revenue, market shares, and top player’s rankings. Impact analysis of the market dynamics with factors currently driving and restraining the growth of the market, along with their impact in the short, medium, and long-term landscapes. Competitive intelligence from the company profiles, key player strategies, and game-changing developments such as new product launches, collaborations, expansions, investment analysis, mergers, and acquisitions.

Automotive Cybersecurity Market is segmented by region and further by offering, application, form type, security type, approach, vehicle type, propulsion type, vehicle autonomy, and EV application. Players, stakeholders, and other participants in the global Automotive Cybersecurity Market will be able to gain a strong position as this report will surely benefit their marketing strategies. The market analysis focuses on revenue and forecast by region/countries and by application in terms of revenue forecast for the period 2023-2030.

The report further studies the market strategies of key players, recent development status, future plans, and Automotive Cybersecurity Market trends across the world. Also, it splits Automotive Cybersecurity Market Segmentation by offering, application, form type, security type, approach, vehicle type, propulsion type, vehicle autonomy, EV application and region to deep dive research and reveals company profile and prospects.

Major Classifications are as follows:

• Automotive Cybersecurity Market, By Offering
  • Software
  • Hardware
• Automotive Cybersecurity Market, By Application
  • ADAS & safety
  • Body control & comfort
  • Infotainment
  • Telematics
  • Powertrain systems
  • Communication systems
• Automotive Cybersecurity Market, By Form Type
  • In-vehicle
  • External cloud services
• Automotive Cybersecurity Market, By Security Type
  • Application
  • Wireless
  • Endpoint
• Automotive Cybersecurity Market, By Approach
  • Intrusion Detection System
  • Security Operations Centre
• Automotive Cybersecurity Market, By Vehicle Type
  • Passenger Car
  • Commercial Vehicle
  • Electric Vehicle
• Automotive Cybersecurity Market, By Propulsion Type
  • ICE Vehicles
  • Electric  Vehicles
• Automotive Cybersecurity Market, By Vehicle Autonomy
  • Non-autonomous Vehicles
  • Semi-autonomous Vehicles
  • Autonomous Vehicles
• Automotive Cybersecurity Market, By EV Application
  • ADAS & safety
  • Body control & comfort
  • Infotainment
  • Telematics
  • BMS & powertrain systems
  • Communication systems
  • Charging management
• Automotive Cybersecurity Market, By Geography
  • North America
    • US
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • Rest of the World
    • Middle East
      • UAE
      • Saudi Arabia
      • Israel
    • Africa
      • South Africa
      • Rest of Africa      

Reason to purchase this Automotive Cybersecurity Market Report:

• Determine prospective investment areas based on a detailed trend analysis of the global Automotive Cybersecurity Market over the next years.
• Gain an in-depth understanding of the underlying factors driving demand for different and Automotive Cybersecurity Market segments in the top spending countries across the world and identify the opportunities offered by each of them.
• Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
• Identify the major channels that are driving the global Automotive Cybersecurity Market, providing a clear picture of future opportunities that can be tapped, resulting in revenue expansion.
• Channelize resources by focusing on the ongoing programs that are being undertaken by the different countries within the global Automotive Cybersecurity Market.
• Make correct business decisions based on a thorough analysis of the total competitive landscape of the sector with detailed profiles of the top Automotive Cybersecurity Market providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available.