Press Releases

The global automotive cybersecurity market was valued at USD 2.4 billion in 2023 and is expected to reach USD 7.5 billion by 2030, growing at a CAGR of 15.2% during 2025-2030. Driverless cars are still in the emerging phase and several companies are making efforts to commercialize is soon. Some of the renowned names in the automotive industry have already made some significant announcements, for instance, BMW will reveal its self-driving electric vehicle BMW iNext, by 2030. All these developments in the field of automotive industry will bring numerous new opportunities for cybersecurity service providers.  

Passenger cars held the larger share in the automotive cybersecurity market in 2023

On the basis of vehicle type, the market is bifurcated into passenger cars and commercial vehicles. Passenger car is expected to account for the higher market share in 2019 and is expected to grow at the fastest rate during the forecast period with a large number of tier 1 and tier 2 OEMs investing in enhancing security features.

Global Automotive Cyber Security Market Segmentation and Key Players

Geography Insight

Geographically, APAC, is the largest and fastest-growing automotive cybersecurity market with the largest number of vehicle production every year, advancing in-vehicle electronic architecture, and a growing number of automotive OEMs and electronic component suppliers in the region. This will further upsurge the growth of the China automotive cybersecurity market in years to come.

Competitive Insight

Some of the key players operating in the global automotive cybersecurity market are Harman International, Continental AG, Robert Bosch GmbH, Denso Corporation, Aptiv PLC, Symantec Corporation, NXP Semiconductors N.V., Honeywell International Inc., Trillium Secure Inc., and Escrypt GmbH.

Key Takeaway from the Report:

• Among all the security types, the endpoint security segment captured the highest market share in 2023 and is expected to grow at the fastest rate during the forecast period.
• Of all the fitting types, in-vehicle accounted for the foremost share in the automotive cybersecurity market in 2023.
• Among all the applications, the powertrain application segment accounted for the foremost share in the automotive cybersecurity market in 2023.
• Of all vehicle types, passenger car is expected to account for the higher market share in 2023.

The Report Offers:

• Historical market estimate for the years 2018–2023 and forecast for the years 2025–2030
• Insight on current market trends, market dynamics, key opportunities and major challenges in the industry
• Market insights by in-depth segmentation with industry dynamics.
• Competitive analysis and benchmarking of the industry leaders and their product offerings
• Profiles of leading players and innovators, their financial overview, and product portfolio
• Analysis of key industry trends and recent developments
• Value chain analysis and distribution channel analysis with opportunity assessment
• Market share analysis of major players

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20% post-purchase free customization to meet your Security Types.

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The report provides the market value for the base year 2023 and a yearly forecast till 2030 for revenue (USD Billion). The report segments the global automotive cybersecurity market based on security type, fitting type, application, vehicle type, and region.

Global Automotive Cybersecurity Market Coverage

Security Type Insight and Forecast 2025 – 2030

• Endpoint Security
• Application Security
• Wireless Network Security

Fitting Type Insight and Forecast 2025 – 2030

• In-Vehicle
• External Cloud

Application Insight and Forecast 2025 – 2030

• Telematics System
• Infotainment System
• Powertrain System
• Body Control & Comfort System
• Communication System
• ADAS & Safety System

Vehicle Type Insight and Forecast 2025 – 2030

• Passenger Vehicle
• Commercial Vehicle

Geographical Segmentation

Automotive Cybersecurity Market by Region

North America

• By Security Type
• By Fitting Type
• By Application
• By Vehicle Type
• By Country – U.S., Canada, and Mexico

Europe

• By Security Type
• By Fitting Type
• By Application
• By Vehicle Type
• By Country – Germany, U.K., France, Italy, Spain, and Rest of Europe

Asia-Pacific (APAC)

• By Security Type
• By Fitting Type
• By Application
• By Vehicle Type
• By Country – China, Japan, India, South Korea, Singapore, Taiwan, and Rest of Asia-Pacific

Rest of the World (RoW)

• By Security Type
• By Fitting Type
• By Application
• By Vehicle Type
• By Country – Brazil, South Africa, Saudi Arabia, and Other Countries