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The global automotive cyber security market was valued at USD 6.06 billion in 2022, growing at a CAGR of 17.37% from 2023 to 2032. The market is expected to reach USD 30.05 billion by 2032. The growing demand for personalized vehicle experiences and the rising demand for electric vehicles propel the market growth.
Automotive security is the branch of computer protection concentrated on the cyber pitfalls related to the automotive environment. The decreasingly high number of ECUs in vehicles, alongside the perpetration of multiple colourful means of communication from and towards the vehicle ever & wirelessly, led to the need for a branch of cybersecurity devoted to the hazards associated with vehicles. Automotive cybersecurity offers encryption, secure communication, authentication and authorization, adaptability, intrusion discovery and forestallment, and accurate-time monitoring. It also assists in guarding particular data stored in a vehicle, similar to connections, position data, and other sensitive information, from being stolen or penetrated without authorization. Automotive cybersecurity assists in perfecting consumer trust & vehicle performance, adding effectiveness, and enhancing vehicle safety and monitoring. It involves executing robust security protocols, intrusion discovery systems, encryption ways, and secure communication protocols to control unauthorized access, data breaches, and implicit pitfalls to passenger safety. Ongoing monitoring, trouble intelligence, and vulnerability assessments are essential for relating & addressing arising pitfalls.
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The rising connectivity of vehicles across the globe: The rising connectivity of vehicles worldwide is the driving factor of the market growth. Moreover, the overall adoption of progressive driver assistance systems (ADAS) to assist drivers in avoiding accidents, navigating, improving operations, reducing travel delays, and enhancing overall mobility is the driving factor of the market growth. Additionally, the growing demand for electronic components in the automotive industry for different applications, including telematics, powertrain, communication electronics, infotainment, and body are expected to propel the market growth in the forthcoming year.
The high cost: The high cost of installing cyber security methods is restraining the market growth. Further, Further, the small and medium-sized businesses' (SMEs) lack of understanding of the significance of automotive cybersecurity is the restraining factor of the market growth. Moreover, with the rising complexity of in-vehicle electronic systems due to the raised demand for vehicle safety in periods of driver safety, accident avoidance, and sophisticated communication & data safety, electronic driver assistance systems are becoming more and more necessary (speed regulation, parking, blind spot detection, lane assist, pre-collision warning, etc.).
The increasing worries about vehicle data security & privacy: The rising concerns about the security and privacy of vehicle data are an opportunity factor for market growth. Further, as the prevalence of connected & autonomous vehicles rises, so does the likelihood of cyberattacks on automotive systems. This has led to advancements in automotive technology, encouraging the development of comprehensive cybersecurity measures to combat potential cyber threats. A firm can utilize an adaptive protection architecture to provide proportional enforcement that can be decreased or increased while continuously analyzing risk. Moreover, adaptive protection utilizes analytics & automation to protect against targeted & opportunistic cyberattacks, as well as trusted insiders & other insider threats.
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. Asia Pacific emerged as the largest global automotive cyber security market, with a 48.21% market revenue share in 2022. The increasing demand for vehicles equipped with advanced technology is expected to propel the market growth in this region. Moreover, changes in the lifestyle of the people, an increase in the purchasing power parity, and the rising number of electronic control units (ECUs) in electric vehicles are helping to boost the market growth in this region. The North American region will also account for the largest market share with revenue growth. This growth is attributed to increased purchasing power parity and the demand for vehicles equipped with advanced technology. Further, the rapid adoption of cloud technology and the rise in the adoption of connected cars are expected to drive market growth over the forecast period in this region.
Asia Pacific Region Automotive Cyber Security Market Share in 2022 - 48.21%
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The vehicle type segment is divided into commercial vehicles, passenger cars, and electric vehicles. The electrical vehicle segment dominated the market, with a share of around 45.09% in 2022. This growth is attributed to the increasing demand in automotive and transportation.
The security type segment is divided into application security, endpoint security, and wireless network security. The wireless network security segment dominated the market, with a market share of around 43.16% in 2022. This growth is attributed to using intrusion detection systems in various applications like critical infrastructure & high-security domains.
The form segment is divided into external cloud services and in-vehicle services. The in-vehicle services segment dominated the market, with a share of around 56.13% in 2022. This growth is attributed to the advances in the Internet of Things (IoT).
The application segment is divided into body electronics, ADAS & safety systems, infotainment, telematics, and powertrain. The infotainment segment dominated the market, with a share of around 25.29% in 2022. This growth is attributed to the automobile manufacturers' rising focus on the in-house development of technologically advanced solutions. The telematics segment is anticipated to dominate the market by 27.15% in 2032 due to the need for efficient fleet management and rising concerns regarding vehicle safety and cybersecurity.
Report Description:
| Attribute | Description |
|---|---|
| Market Size | Revenue (USD Billion) |
| Market size value in 2022 | USD 6.06 Billion |
| Market size value in 2032 | USD 30.05 Billion |
| CAGR (2023 to 2032) | 17.37% |
| Historical data | 2019-2021 |
| Base Year | 2022 |
| Forecast | 2023-2032 |
| Region | The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level. |
| Segments | Vehicle Type, Security Type, Form, Application |
As per The Brainy Insights, the size of the automotive cyber security market was valued at USD 6.06 Billion in 2022 to USD 30.05 Billion by 2032.
The global automotive cyber security market is growing at a CAGR of 17.37% during the forecast period 2023-2032.
Asia Pacific region emerged as the largest market for automotive cyber security.
The market's growth will be influenced by the growing adoption of advanced technologies in the automotive sector.
The lack of qualified cybersecurity could hamper the market growth.
The rising intercity transportation and logistics services will provide huge opportunities to the market.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Vehicle Type
4.3.2. Market Attractiveness Analysis By Security Type
4.3.3. Market Attractiveness Analysis By Form
4.3.4. Market Attractiveness Analysis By Application
4.3.5. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. The increasing connectivity of vehicles across the globe
5.2.2. The growing adoption of advanced technologies in the automotive sector
5.3. Restraints
5.3.1. The high cost of installing cyber security systems
5.3.2. The lack of qualified cybersecurity
5.4. Opportunities
5.4.1. The increasing worries regarding vehicle data security and privacy
5.4.2. The rising intercity transportation and logistics services
6. Global Automotive Cyber Security Market Analysis and Forecast, By Vehicle Type
6.1. Segment Overview
6.2. Commercial Vehicle
6.3. Passenger Car
6.4. Electrical Vehicle
7. Global Automotive Cyber Security Market Analysis and Forecast, By Security Type
7.1. Segment Overview
7.2. Application Security
7.3. Endpoint Security
7.4. Wireless Network Security
8. Global Automotive Cyber Security Market Analysis and Forecast, By Form
8.1. Segment Overview
8.2. External Cloud Services
8.3. In-Vehicle Services
9. Global Automotive Cyber Security Market Analysis and Forecast, By Application
9.1. Segment Overview
9.2. Body Electronics
9.3. ADAS & Safety System
9.4. Infotainment
9.5. Telematics
9.6. Powertrain
10. Global Automotive Cyber Security Market Analysis and Forecast, By Regional Analysis
10.1. Segment Overview
10.2. North America
10.2.1. U.S.
10.2.2. Canada
10.2.3. Mexico
10.3. Europe
10.3.1. Germany
10.3.2. France
10.3.3. U.K.
10.3.4. Italy
10.3.5. Spain
10.4. Asia-Pacific
10.4.1. Japan
10.4.2. China
10.4.3. India
10.5. South America
10.5.1. Brazil
10.6. Middle East and Africa
10.6.1. UAE
10.6.2. South Africa
11. Global Automotive Cyber Security Market-Competitive Landscape
11.1. Overview
11.2. Market Share of Key Players in Global Automotive Cyber Security Market
11.2.1. Global Company Market Share
11.2.2. North America Company Market Share
11.2.3. Europe Company Market Share
11.2.4. APAC Company Market Share
11.3. Competitive Situations and Trends
11.3.1. Product Launches and Developments
11.3.2. Partnerships, Collaborations, and Agreements
11.3.3. Mergers & Acquisitions
11.3.4. Expansions
12. Company Profiles
12.1. Continental AG
12.1.1. Business Overview
12.1.2. Company Snapshot
12.1.3. Company Market Share Analysis
12.1.4. Company Product Portfolio
12.1.5. Recent Developments
12.1.6. SWOT Analysis
12.2. Aptiv PLC
12.2.1. Business Overview
12.2.2. Company Snapshot
12.2.3. Company Market Share Analysis
12.2.4. Company Product Portfolio
12.2.5. Recent Developments
12.2.6. SWOT Analysis
12.3. DENSO Corporation
12.3.1. Business Overview
12.3.2. Company Snapshot
12.3.3. Company Market Share Analysis
12.3.4. Company Product Portfolio
12.3.5. Recent Developments
12.3.6. SWOT Analysis
12.4. HARMAN International (Samsung Electronics Co. Ltd.)
12.4.1. Business Overview
12.4.2. Company Snapshot
12.4.3. Company Market Share Analysis
12.4.4. Company Product Portfolio
12.4.5. Recent Developments
12.4.6. SWOT Analysis
12.5. Capgemini SE
12.5.1. Business Overview
12.5.2. Company Snapshot
12.5.3. Company Market Share Analysis
12.5.4. Company Product Portfolio
12.5.5. Recent Developments
12.5.6. SWOT Analysis
12.6. Karamba Security Ltd.
12.6.1. Business Overview
12.6.2. Company Snapshot
12.6.3. Company Market Share Analysis
12.6.4. Company Product Portfolio
12.6.5. Recent Developments
12.6.6. SWOT Analysis
12.7. GuardKnox
12.7.1. Business Overview
12.7.2. Company Snapshot
12.7.3. Company Market Share Analysis
12.7.4. Company Product Portfolio
12.7.5. Recent Developments
12.7.6. SWOT Analysis
12.8. Vector Informatik GmbH
12.8.1. Business Overview
12.8.2. Company Snapshot
12.8.3. Company Market Share Analysis
12.8.4. Company Product Portfolio
12.8.5. Recent Developments
12.8.6. SWOT Analysis
12.9. Upstream Security Ltd.
12.9.1. Business Overview
12.9.2. Company Snapshot
12.9.3. Company Market Share Analysis
12.9.4. Company Product Portfolio
12.9.5. Recent Developments
12.9.6. SWOT Analysis
12.10. NXP Semiconductors N.V.
12.10.1. Business Overview
12.10.2. Company Snapshot
12.10.3. Company Market Share Analysis
12.10.4. Company Product Portfolio
12.10.5. Recent Developments
12.10.6. SWOT Analysis
List of Table
1. Global Automotive Cyber Security Market, By Vehicle Type, 2019-2032 (USD Billion)
2. Global Commercial Vehicle, Automotive Cyber Security Market, By Region, 2019-2032 (USD Billion)
3. Global Passenger Car, Automotive Cyber Security Market, By Region, 2019-2032 (USD Billion)
4. Global Electrical Vehicle, Automotive Cyber Security Market, By Region, 2019-2032 (USD Billion)
5. Global Automotive Cyber Security Market, By Security Type, 2019-2032 (USD Billion)
6. Global Application Security, Automotive Cyber Security Market, By Region, 2019-2032 (USD Billion)
7. Global Endpoint Security, Automotive Cyber Security Market, By Region, 2019-2032 (USD Billion)
8. Global Wireless Network Security, Automotive Cyber Security Market, By Region, 2019-2032 (USD Billion)
9. Global Automotive Cyber Security Market, By Form, 2019-2032 (USD Billion)
10. Global External Cloud Services, Automotive Cyber Security Market, By Region, 2019-2032 (USD Billion)
11. Global In-Vehicle Services, Automotive Cyber Security Market, By Region, 2019-2032 (USD Billion)
12. Global Automotive Cyber Security Market, By Application, 2019-2032 (USD Billion)
13. Global Body Electronics, Automotive Cyber Security Market, By Region, 2019-2032 (USD Billion)
14. Global ADAS & Safety System, Automotive Cyber Security Market, By Region, 2019-2032 (USD Billion)
15. Global Infotainment, Automotive Cyber Security Market, By Region, 2019-2032 (USD Billion)
16. Global Telematics, Automotive Cyber Security Market, By Region, 2019-2032 (USD Billion)
17. Global Powertrain, Automotive Cyber Security Market, By Region, 2019-2032 (USD Billion)
18. North America Automotive Cyber Security Market, By Vehicle Type, 2019-2032 (USD Billion)
19. North America Automotive Cyber Security Market, By Security Type, 2019-2032 (USD Billion)
20. North America Automotive Cyber Security Market, By Form, 2019-2032 (USD Billion)
21. North America Automotive Cyber Security Market, By Application, 2019-2032 (USD Billion)
22. U.S. Automotive Cyber Security Market, By Vehicle Type, 2019-2032 (USD Billion)
23. U.S. Automotive Cyber Security Market, By Security Type, 2019-2032 (USD Billion)
24. U.S. Automotive Cyber Security Market, By Form, 2019-2032 (USD Billion)
25. U.S. Automotive Cyber Security Market, By Application, 2019-2032 (USD Billion)
26. Canada Automotive Cyber Security Market, By Vehicle Type, 2019-2032 (USD Billion)
27. Canada Automotive Cyber Security Market, By Security Type, 2019-2032 (USD Billion)
28. Canada Automotive Cyber Security Market, By Form, 2019-2032 (USD Billion)
29. Canada Automotive Cyber Security Market, By Application, 2019-2032 (USD Billion)
30. Mexico Automotive Cyber Security Market, By Vehicle Type, 2019-2032 (USD Billion)
31. Mexico Automotive Cyber Security Market, By Security Type, 2019-2032 (USD Billion)
32. Mexico Automotive Cyber Security Market, By Form, 2019-2032 (USD Billion)
33. Mexico Automotive Cyber Security Market, By Application, 2019-2032 (USD Billion)
34. Europe Automotive Cyber Security Market, By Vehicle Type, 2019-2032 (USD Billion)
35. Europe Automotive Cyber Security Market, By Security Type, 2019-2032 (USD Billion)
36. Europe Automotive Cyber Security Market, By Form, 2019-2032 (USD Billion)
37. Europe Automotive Cyber Security Market, By Application, 2019-2032 (USD Billion)
38. Germany Automotive Cyber Security Market, By Vehicle Type, 2019-2032 (USD Billion)
39. Germany Automotive Cyber Security Market, By Security Type, 2019-2032 (USD Billion)
40. Germany Automotive Cyber Security Market, By Form, 2019-2032 (USD Billion)
41. Germany Automotive Cyber Security Market, By Application, 2019-2032 (USD Billion)
42. France Automotive Cyber Security Market, By Vehicle Type, 2019-2032 (USD Billion)
43. France Automotive Cyber Security Market, By Security Type, 2019-2032 (USD Billion)
44. France Automotive Cyber Security Market, By Form, 2019-2032 (USD Billion)
45. France Automotive Cyber Security Market, By Application, 2019-2032 (USD Billion)
46. U.K. Automotive Cyber Security Market, By Vehicle Type, 2019-2032 (USD Billion)
47. U.K. Automotive Cyber Security Market, By Security Type, 2019-2032 (USD Billion)
48. U.K. Automotive Cyber Security Market, By Form, 2019-2032 (USD Billion)
49. U.K. Automotive Cyber Security Market, By Application, 2019-2032 (USD Billion)
50. Italy Automotive Cyber Security Market, By Vehicle Type, 2019-2032 (USD Billion)
51. Italy Automotive Cyber Security Market, By Security Type, 2019-2032 (USD Billion)
52. Italy Automotive Cyber Security Market, By Form, 2019-2032 (USD Billion)
53. Italy Automotive Cyber Security Market, By Application, 2019-2032 (USD Billion)
54. Spain Automotive Cyber Security Market, By Vehicle Type, 2019-2032 (USD Billion)
55. Spain Automotive Cyber Security Market, By Security Type, 2019-2032 (USD Billion)
56. Spain Automotive Cyber Security Market, By Form, 2019-2032 (USD Billion)
57. Spain Automotive Cyber Security Market, By Application, 2019-2032 (USD Billion)
58. Asia Pacific Automotive Cyber Security Market, By Vehicle Type, 2019-2032 (USD Billion)
59. Asia Pacific Automotive Cyber Security Market, By Security Type, 2019-2032 (USD Billion)
60. Asia Pacific Automotive Cyber Security Market, By Form, 2019-2032 (USD Billion)
61. Asia Pacific Automotive Cyber Security Market, By Application, 2019-2032 (USD Billion)
62. Japan Automotive Cyber Security Market, By Vehicle Type, 2019-2032 (USD Billion)
63. Japan Automotive Cyber Security Market, By Security Type, 2019-2032 (USD Billion)
64. Japan Automotive Cyber Security Market, By Form, 2019-2032 (USD Billion)
65. Japan Automotive Cyber Security Market, By Application, 2019-2032 (USD Billion)
66. China Automotive Cyber Security Market, By Vehicle Type, 2019-2032 (USD Billion)
67. China Automotive Cyber Security Market, By Security Type, 2019-2032 (USD Billion)
68. China Automotive Cyber Security Market, By Form, 2019-2032 (USD Billion)
69. China Automotive Cyber Security Market, By Application, 2019-2032 (USD Billion)
70. India Automotive Cyber Security Market, By Vehicle Type, 2019-2032 (USD Billion)
71. India Automotive Cyber Security Market, By Security Type, 2019-2032 (USD Billion)
72. India Automotive Cyber Security Market, By Form, 2019-2032 (USD Billion)
73. India Automotive Cyber Security Market, By Application, 2019-2032 (USD Billion)
74. South America Automotive Cyber Security Market, By Vehicle Type, 2019-2032 (USD Billion)
75. South America Automotive Cyber Security Market, By Security Type, 2019-2032 (USD Billion)
76. South America Automotive Cyber Security Market, By Form, 2019-2032 (USD Billion)
77. South America Automotive Cyber Security Market, By Application, 2019-2032 (USD Billion)
78. Brazil Automotive Cyber Security Market, By Vehicle Type, 2019-2032 (USD Billion)
79. Brazil Automotive Cyber Security Market, By Security Type, 2019-2032 (USD Billion)
80. Brazil Automotive Cyber Security Market, By Form, 2019-2032 (USD Billion)
81. Brazil Automotive Cyber Security Market, By Application, 2019-2032 (USD Billion)
82. Middle East and Africa Automotive Cyber Security Market, By Vehicle Type, 2019-2032 (USD Billion)
83. Middle East and Africa Automotive Cyber Security Market, By Security Type, 2019-2032 (USD Billion)
84. Middle East and Africa Automotive Cyber Security Market, By Form, 2019-2032 (USD Billion)
85. Middle East and Africa Automotive Cyber Security Market, By Application, 2019-2032 (USD Billion)
86. UAE Automotive Cyber Security Market, By Vehicle Type, 2019-2032 (USD Billion)
87. UAE Automotive Cyber Security Market, By Security Type, 2019-2032 (USD Billion)
88. UAE Automotive Cyber Security Market, By Form, 2019-2032 (USD Billion)
89. UAE Automotive Cyber Security Market, By Application, 2019-2032 (USD Billion)
90. South Africa Automotive Cyber Security Market, By Vehicle Type, 2019-2032 (USD Billion)
91. South Africa Automotive Cyber Security Market, By Security Type, 2019-2032 (USD Billion)
92. South Africa Automotive Cyber Security Market, By Form, 2019-2032 (USD Billion)
93. South Africa Automotive Cyber Security Market, By Application, 2019-2032 (USD Billion)
List of Figures
1. Global Automotive Cyber Security Market Segmentation
2. Global Automotive Cyber Security Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Automotive Cyber Security Market Attractiveness Analysis By Vehicle Type
9. Global Automotive Cyber Security Market Attractiveness Analysis By Security Type
10. Global Automotive Cyber Security Market Attractiveness Analysis By Form
11. Global Automotive Cyber Security Market Attractiveness Analysis By Application
12. Global Automotive Cyber Security Market Attractiveness Analysis By Region
13. Global Automotive Cyber Security Market: Dynamics
14. Global Automotive Cyber Security Market Share By Vehicle Type (2023 & 2032)
15. Global Automotive Cyber Security Market Share By Security Type (2023 & 2032)
16. Global Automotive Cyber Security Market Share By Form (2023 & 2032)
17. Global Automotive Cyber Security Market Share By Application (2023 & 2032)
18. Global Automotive Cyber Security Market Share By Regions (2023 & 2032)
19. Global Automotive Cyber Security Market Share By Company (2022)
This study forecasts revenue at global, regional, and country levels from 2019 to 2030. The Brainy Insights has segmented the global automotive cyber security based on below mentioned segments:
Global Automotive Cyber Security Market by Vehicle Type:
Global Automotive Cyber Security Market by Security Type:
Global Automotive Cyber Security Market by Form:
Global Automotive Cyber Security Market by Application:
Global Diabetes Care Devices by Region:
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