The global automotive cyber security market attained a value of USD 3.13 Billion in 2023 and expected to grow at a CAGR of 20.70% in the forecast period of 2024-2032. The industry is projected to reach a value of USD 17.02 Billion by 2032.
Base Year
Historical Year
Forecast Year
Value in USD Billion
2024-2032
Automotive Cyber Security Market Outlook
*this image is indicative*
| Global Automotive Cyber Security Market Report Summary | Description | Value |
| Base Year | USD Billion | 2023 |
| Historical Period | USD Billion | 2018-2023 |
| Forecast Period | USD Billion | 2024-2032 |
| Market Size 2023 | USD Billion | 3.13 |
| Market Size 2032 | USD Billion | 17.02 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 20.7% |
| CAGR 2024-2032 - Market by Region | Asia Pacific | 22.8% |
| CAGR 2024-2032 - Market by Country | China | 21.8% |
| CAGR 2024-2032 - Market by Country | USA | 21.5% |
| CAGR 2024-2032 - Market by Form | In-Vehicle | 22.6% |
| CAGR 2024-2032 - Market by Vehicle | Passenger Car | 21.9% |
| Market Share by Country 2023 | Germany | 4.4% |
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Automotive Cyber Security Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Security
Market Breakup by Application
Market Breakup by Form
Market Breakup by Vehicle
Market Breakup by Electric Vehicle
The report by EMR covers the regional markets for automotive cyber security like the North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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| CAGR 2024-2032 - Market by | Country |
| China | 21.8% |
| USA | 21.5% |
| UK | 21.2% |
| Mexico | 19.8% |
| Germany | 19.6% |
| Canada | XX% |
| France | XX% |
| Italy | XX% |
| Japan | XX% |
| India | XX% |
| Australia | XX% |
| Saudi Arabia | 19.5% |
| Brazil | XX% |
The industry growth is driven by the growing connected ecosystem of vehicles and strengthening of obligations by regulatory bodies for vehicle data protection. The increasing number of cloud-based applications and technological advancements in the vehicles are other factors contributing to the growth of the industry. Application security sector is expected to grow at a faster rate due to the rising demand for luxury vehicles. In-vehicle is projected to grow at a faster rate in the developing regions like India as a result of increasing demand for in-vehicle applications.
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The report presents a detailed analysis of the following key players in the global automotive cyber security industry, covering their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report provides an in-depth overview of the product based on Porter’s five forces model along with a SWOT analysis.
Automotive Cyber Security Market Size
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global automotive cyber security market reached a value of USD 3.13 Billion in 2023.
The market is expected to grow at a CAGR of about 20.70% in the forecast period of 2024-2032.
The market is expected to expand in the forecast period to reach USD 17.02 Billion by 2032.
The major drivers of the market include rising disposable incomes, increasing number of cloud-based applications, technological advancements, and rising demand for luxury vehicles.
The rising machine learning, robust connectivity, 3D printing, and social network of things are expected to define the market growth in the coming years.
North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific are the other major regions in the market.
Telematics system, infotainment system, powertrain system, body control and comfort control, communication system, and ADAS and safety system are the significant application segments in the market.
The major security segments within the market are endpoint security, application security, and wireless network security.
The various forms of the product in the market are in-vehicle and external cloud service.
The major vehicle segments within the market are passenger car and commercial vehicle.
The leading electric vehicle segments within the market are battery electric vehicle (BEV), hybrid electric vehicle (HEV), and plug-in hybrid electric vehicle (PHEV).
The major players in the market are Harman International Industries, Incorporated, Continental AG, Garrett Motion Inc., DENSO Corporation, Renesas Electronics Corporation, Karamba Security Ltd., Vector Informatik GmbH, AUTOCRYPT Co., Ltd, Bosch Sicherheitssysteme GmbH, Symantec Corporation, Honeywell International Inc., Trillium Secure Inc., ESCRYPT GmbH and Others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Security |
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| Breakup by Application |
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| Breakup by Form |
|
| Breakup by Vehicle |
|
| Breakup by Electric Vehicle |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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