Automotive Cybersecurity Market by Form (Embedded Security (In-vehicle), by Vehicle Type (Hatchback/Sedan, SUV, LCV, HCV), by Propulsion (ICE, Electric), by Application (ADAS & Safety Systems, Body Control & Comfort Systems, Infotainment Systems, Powertrain Systems, Telematics Systems), by Security Type (Network Security, Endpoint Security, Application Security, Cloud Security), by Offering (Hardware Based Solutions, Software Based Solutions), by North America (U.S., Canada, Mexico), by Europe (Germany, France, U.K., Rest of Europe), by Asia Pacific (China, Japan, India, South Korea, Rest of Asia Pacific) Forecast 2024-2032
The Automotive Cybersecurity Market size was valued at USD 3.1 USD Billion in 2023 and is projected to reach USD 9.42 USD Billion by 2032, exhibiting a CAGR of 17.2 % during the forecast period. Automotive cybersecurity refers to the security of automobiles and their computerized systems and networks from cyber terrorist attacks. It covers protection against threats that may lead to data tampering, illegal access or attacks that may compromise the operation of vehicles. Network security protects the communication paths between vehicle elements, and software protection safeguards the software used in vehicles from being compromised, and hardware protection makes impossible an external malicious interference with vehicle components. It may comprise of encryption, use of secure coding, and monitoring in real time. Adaptable to shield infotainment systems and over-the-air updates, ADAS, and self-governing car technology is also protected. Automotive cybersecurity is important to regulate security, privacy and operational integrity of vehicles of the present and the future.
Automotive Cybersecurity Trends
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The research report provides a comprehensive overview of the automotive cybersecurity market, including industry dynamics, market size and forecast, market segmentation, competitive landscape, and emerging trends. The report also provides a detailed analysis of key market drivers, challenges, and opportunities.
The Asia-Pacific region is projected to be the largest market for automotive cybersecurity, followed by North America and Europe.
Automotive cybersecurity companies adopt various pricing strategies, including subscription-based pricing, one-time license fees, and pay-as-you-go models.
The major drivers of revenue for the automotive cybersecurity market include:
The automotive cybersecurity market is segmented based on system, form, application, propulsion, and security.
The SWOT analysis provides an overview of the strengths, weaknesses, opportunities, and threats in the automotive cybersecurity market.
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 17.2% from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 17.2% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
Primary Research
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