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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.
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Historical Year
Forecast Year
The global automotive cyber security market attained a value of USD 3.13 billion in 2023 and expected to grow at a CAGR of 20.7% in the forecast period of 2024-2032. The industry is projected to reach a value of USD 16.91 billion by 2032.
Automotive Cyber Security Market Size
Automotive Cyber Security Market Analysis
Automotive Cyber Security Companies
*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.
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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