Automotive Cyber Security Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to automotive cyber security market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Automotive Cyber Security Market News

  • In January 2025, Italian tech startup Exein secured an agreement with Taiwan's MediaTek to provide cybersecurity systems for MediaTek's Genio platform. This partnership will enhance the security of billions of chips used globally across various industries, including automotive.  
  • In March 2024, Synopsys, a leader in semiconductor design software, acquired Intrinsic ID, a company specializing in digital authentication for Internet of Things (IoT) devices. This acquisition aims to bolster Synopsys's capabilities in securing automotive applications, particularly in the realm of chip and firmware security.  
  • In July 2024, Bureau Veritas, a France-based provider of laboratory testing, inspection, and certification services, acquired Security Innovation Inc., a U.S.-based provider of automotive cybersecurity solutions. This acquisition aims to accelerate growth in the cybersecurity sector and create synergies for customers by enhancing Bureau Veritas's capabilities in automotive cybersecurity.

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Automotive Cyber Security Market size was valued at USD 4.3 billion in 2023 and is poised to grow from USD 5.25 billion in 2024 to USD 25.75 billion by 2032, growing at a CAGR of 22.0% during the forecast period (2025-2032).

Key vendors in  Automotive Cyber Security Market are: '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) ' 

Rising Adoption of Connected and Autonomous Vehicles : 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.

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. 

As peregional forecast, North America continues to dominate the automotive cybersecurity market to its highly developed automotive sector and rapid adoption of connected and autonomous vehicle technologies. The region benefits from strong investments in innovation by leading OEMs and technology providers, along with stringent regulations promoting vehicle safety and cybersecurity standards.

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Global Automotive Cyber Security Market
Automotive Cyber Security Market

Report ID: SQMIG45K2099

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