USD 3.52 Billion
Automotive Cyber Security Market Size, Share, and Growth Analysis
Automotive Cyber Security Market By Offering(Software, Hardware), By Application Type(ADAS & Safety, Body Control & Comfort, Infotainment, Telematics), By Form Type(In-Vehicle, External Cloud Services), By Security Type(Application, Wireless Network, Endpoint), By Approach(Intrusion Detection System, Security Operations Centre), By Vehicle Type(Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicles), By Propulsion Type(ICE Vehicles, Electric Vehicles), By Vehicle Autonomy(Non-Autonomous Vehicles, Semi-Autonomous Vehicles, Autonomous Vehicles), By EV Application(ADAS & Safety, Body Control & Comfort, Infotainment, Telematics), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG45K2099 |
Region:
Global |
Published Date: August, 2024
Pages:
197
|Tables:
63
|Figures:
77
Format -
Automotive Cyber Security Market Insights
Automotive Cyber Security Market size was valued at USD 3.52 Billion in 2023 and is poised to grow from USD 4.27 Billion in 2024 to USD 19.86 Billion by 2032, growing at a CAGR of 21.2% during the forecast period (2025-2032).
Some significant developments taking place in the global automotive cyber security reflect transforming digital ties in vehicles and demonstrate an increasing realization for the need to protect automotive systems against cybercrimes. One such significant trend is the growing in integrating direct cyber security into the creation and design of connected automobiles. Manufacturers are proactively placing cyber security solutions at the core of their vehicle design as in-car technology becomes more complex and features like infotainment, ADAS, and autonomous driving become more common. This milestone in the journey of technology shows that the industry has realized the imperative importance that cybersecurity plays in an automotive lifecycle from design to operation.
The increasing prevalence of over-the-air (OTA) upgrades in the automotive sector is another significant development impacting the automotive cyber security market. With the increasing networked nature of cars, manufacturers now use OTA updates to remotely deliver software fixes, feature enhancements, and security updates. This creates an active and flexible cyber-keeping approach to automotive cyber security as automakers will respond faster to emerging threats and weaknesses in network infrastructures. The industry's dedication to preserving the cyber security posture of automobiles over the course of their operating lifecycle is shown in the growing demand for safe and effective OTA update systems.
Market snapshot - 2025-2032
Global Market Size
Largest Segment
Software
Fastest Growth
Hardware
Growth Rate
21.2% CAGR
Global Automotive Cyber Security Market ($ Bn)
Country Share by North America (%)
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Automotive Cyber Security Market Segments Analysis
Global automotive cyber security market is segmented based on offering, application type, form type, security type, approach, vehicle type, propulsion type, vehicle autonomy, ev application, and region. Based on offering, the market is segmented into software, and hardware. Based on application type, the market is segmented into ADAS & safety, body control & comfort, infotainment, telematics, powertrain systems, and communication systems. Based on form type, the market is segmented into in-vehicle, and external cloud services. Based on security type, the market is segmented into application, wireless network and endpoint. Based on approach, the market is segmented into intrusion detection system, and security operations centre. Based on vehicle type, market is segmented into passenger car, light commercial vehicle, and heavy commercial vehicle. Based on propulsion type, the market is segmented into ICE vehicles, and electric vehicles. Based on vehicle autonomy, the market is segmented into non-autonomous vehicles, semi-autonomous vehicles, and autonomous vehicles. Based on ev application, the market is segmented into ADAS & safety, body control & comfort, infotainment, telematics. BMS & powertrain systems, communication systems, and charging management. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Analysis by Offering
As per categorization by offering, the market is classified as software and hardware. Among these, software earned the largest share and continues to hold the dominant global automotive cyber security market share. There has been a large innovation of software offerings in the global automotive cyber security market, which has been much influenced by the increasing complexity of connected and autonomous vehicles. Such software solutions are paramount as they provide security to vehicle networks as well as data and communication systems from cyber threats. Most of these solutions are therefore favored as they can offer continuous updates, protection that can be increased by demand, and advanced threat detection using AI and machine learning. An example is when vehicle connectivity grows, it will demand software-based automotive cyber security to mitigate evolving risks and safeguard vehicles.
Hardware offerings in the global automotive cyber security market are poised to become the fastest-growing segment due to the increasing demand for robust, real-time protection against cyber threats in connected and autonomous vehicles. As more complex advanced vehicle systems, for example Advanced Driver-Assistance Systems (ADAS), or use Vehicle-to-Everything (V2X) communication, hardware solutions like secure electronic control units (ECUs) as well as chips and gateways are major hardware guards against attacks. Due to such hardware-based protection offers high reliability and much more tamper-resistant, proactive defense against attacks and safety of privacy. With major focus shift by vehicle manufacturers to better security, hardware-based cyber security becomes extremely important in protecting the vehicles' networks and data against ever-increasing cyber threats.
Analysis by Security Type
Application segment is playing a crucial role in the global automotive cyber security market, as vehicle manufacturers focus on securing software applications that manage critical vehicle functions. Innovation includes the incorporation of encryption technologies, application protection using secure coding practices, and advanced provisioning methodologies to protect applications from any form of a cyber threat. With more connected vehicles and over-the-air (OTA) updates, application security ensures that an app controlling anything from navigation systems to autonomous driving features is completely and thoroughly secured. It dominates the market due to these applications are highly vulnerable to hacking, and securing them is essential to maintaining vehicle safety, privacy, and regulatory compliance, especially as the automotive industry embraces digital transformation.
Endpoint segment is set to become the fastest-growing segment in the global automotive cyber security market due to the increasing number of connected devices in modern vehicles, such as smartphones, wearables, and IoT sensors. Endpoints are now the hotspots for cyberattacks, and securing these endpoints among other measures prevents unauthorized entry and data breaches. Real-time monitoring, threat detection, and secure communication protocols are crucial for the integrity of vehicle networks when coupled with advanced endpoint security solutions. Thus, endpoint security becomes increasingly important from an overall vehicle safety-privacy-resilience perspective as it ensures protection against the emerging cyber threats with connected and autonomous vehicles.
Global Automotive Cyber Security Market By Offering (%)
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Automotive Cyber Security Market Regional Insights
North America is dominating the global automotive cyber security market due to its strong automotive industry, technological advancements, and robust regulatory framework. The region is also known for being a hub for a large number of automotive manufacturers and technology organizations spurring the development of connected and automated vehicles. Also, the U.S. and Canada have harsh cyber security regulations which urge companies to adopt sophisticated security solutions to meet their safety standards. Such high investment in R&D as well as the rapid proliferation of connected vehicle infrastructure, coupled with an increase in cyber-attacks, add to the demand for solid automotive cyber defense solutions and thus strengthen North American leadership in this arena.
Asia Pacific is the fastest-growing region in the global automotive cyber security market, driven by rapid technological advancements, a booming automotive industry, and increasing adoption of connected vehicles. Countries like China, Japan, and South Korea have risen to be very important indeed in both the manufacture of automobiles and in technical innovations and have invested very deeply into the development of electric and autonomous vehicles. Vehicle connectivity and digitalization are on the rise, with increasing concerns coming to bear on cyber threats, encouraging demand for very strong security solutions. Government initiatives-facilitating and a rapidly growing middle class emerging in such developing markets-are also revving up the need for automotive cyber security to a new level across the region.
Global Automotive Cyber Security Market By Geography
- Largest
- Fastest
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Automotive Cyber Security Market Dynamics
Automotive Cyber Security Market Drivers
Rising Adoption of Connected and Autonomous Vehicles
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Connected and autonomous vehicles are increasingly driving the global automotive cyber security market. Such vehicles are highly complex in the networks and communication systems they have onboard and rely on externally to affect their operations; thus, they are prone to a myriad of cyber threats. Ensuring critical systems of vehicles against attacks while keeping users safe at the same time leads to an increase in demand for advanced cyber security solutions.
Stringent Regulatory Requirements
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Stringent cyber security regulations and standards for automotive safety are driving the global automotive cyber security market growth. Across the world, governments and regulatory bodies are putting mandates on cyber security requirements in order to address vehicular data breaches and cyber-attacks. Competitive regulation encourages car manufacturers to invest in state-of-the-art innovative cyber security technologies, hence promoting the growth of the market overall.
Automotive Cyber Security Market Restraints
Complexity of Cybersecurity Integration
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The introduction of modern cyber security solutions in contemporary vehicles is immensely complicated owing to the interconnected systems and the variety of communication protocols. It requires sophistication in technology and expertise to gray functional seamlessness with performance of the vehicle. Such complexities often slow down the adoption process and the duration taken to deploy in the automotive industry.
Evolving Cyber Threat Landscape
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The global automotive cyber security markets are facing challenges due to evolving natures of threats. Hackers keep modifying or completely layering their methods into newer attacks that need to upgrade and adapt. Their ongoing threat is a good cause for the strain on resources used and disincentive for investment, especially for smaller companies.
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Automotive Cyber Security Market Competitive Landscape
The global automotive cyber security market is thriving in competition with its various key players competing for innovation, partnership, or acquisition among themselves so as to strengthen their hold in the market. Major companies like Harman International, Argus Cyber Security, Continental AG, Bosch, Denso Corporation and Karamba Security continue to roll out advancements in vehicle protection technology. These companies provide integrated solutions, be it software, hardware, or both, capable of addressing the growing threats posed by cyberspace on connected and autonomous vehicles. The market is being made even more competitive due to partnerships between these automakers and their cyber-security providers.
Top Players in Automotive Cyber Security Market
- Continental AG (Germany)
- Aptiv PLC (Ireland)
- GuardKnox Cyber Technologies Ltd. (Israel)
- Karamba Security (Israel)
- Upstream Security Ltd. (Israel)
- Intel Corporation (United States)
- BlackBerry Limited (Canada)
- Cisco Systems, Inc. (United States)
- NXP Semiconductors N.V. (Netherlands)
- Trillium Secure, Inc. (United States)
- Fortinet, Inc. (United States)
- Trend Micro Incorporated (Japan)
- Saferide Technologies Ltd. (Israel)
- Vector Informatik GmbH (Germany)
- C2A Security Ltd. (Israel)
- Lear Corporation (United States)
- Bosch Limited (Germany)
- Tata Elxsi (India)
- Denso Corporation (Japan)
- SafeRide Technologies (Israel)
- Irdeto (Netherlands)
- Secunet Security Networks AG (Germany)
- Infineon Technologies AG (Germany)
- Panasonic Corporation (Japan)
Automotive Cyber Security Market Recent Developments
- In November 2024, with the new automotive cyber security platform, Continental has upgraded it with real-time risk assessment tools for connected vehicles. It concerns autonomous and electrified value chains for threat detection and mitigation. The platform aims at helping automakers comply with cyber security regulations such as UNECE WP.29 and offer better security for further connected infrastructure.
- In December 2024, Upstream released its Global Automotive Cyber security Report for the year 2024; it deals with the analysis of more than 1500 incidents, including 295. The report underscores the need to secure the amended threat and that of vehicle security operations centers-like the vSOC. It also indicated the increasing significance of generative AI as concerned with detection and mitigation of threats, an important development for the industry.
- In October 2024, Bosch introduced an innovative suite of cybersecurity services targeting software-defined vehicles. The platform, launched in October, focuses on secure over-the-air updates and intrusion detection systems. Bosch designs their solutions on the growing industry demand for robust embedded cyber security in highly digitized automotive systems, especially electric vehicles and connected fleets.
Automotive Cyber Security Key Market Trends
- Surging Integration of Advanced AI in ACS: Surging integration of advanced AI and machine learning have taken the automobile cyber security landscape and made it promising for the future. By having advanced algorithms, real-time threat detection is done, as well as anomaly identification and predictive analysis guarantee that any vehicle can be protected. As connected and autonomous vehicles bring more features, these demand for AI-driven solutions to address the numerous complicated cyber security challenges, thereby benefiting the growth of the market.
- Rapid Adoption of Cybersecurity Regulations Driving Innovation: Strong international regulations such as UNECE WP.29 R155 are ultimately forcing automakers to install very strict cybersecurity measures. These regulations demand secure updates of software, intrusion detection systems, and risk assessments in connected vehicles. This wave of compliance not only increases vehicle security but also initiates innovative activity within the global automotive cyber security market trends.
Automotive Cyber Security Market SkyQuest Analysis
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, in conclusion, the global automotive cyber security industry is booming globally, due to technology, regulation, software, and hardware innovations. Cyber security integration takes place within the whole vehicle life cycle, from design to operation. The sector is really forward-thinking and strives to reduce cyber threats. Current trends include the application of artificial intelligence in detecting and identifying threats and the secure delivery of over-the-air (OTA) updates to the vehicle.
The segmented analysis reveals that while the use of hardware has increased in defense mechanisms, software dominates the market for their adaptability. In terms of regional dynamics, North America takes the lead with stringent regulations, while Asia-Pacific is expected to show a considerable growth rate owing to the increased accessibility to government initiatives into the adoption of connected and autonomous vehicles.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 3.52 Billion |
| Market size value in 2032 | USD 19.86 Billion |
| Growth Rate | 21.2% |
| Base year | 2024 |
| Forecast period | 2025-2032 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Automotive Cyber Security Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Automotive Cyber Security Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Automotive Cyber Security Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Automotive Cyber Security Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Automotive Cyber Security Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Automotive Cyber Security Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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