[Latest] Global Automotive Cyber Security Market Size/Share Worth $4.5 billion by 2028 at a 16.40% CAGR: Markets N Research (Industry Analysis, Outlook, Leaders, Players, Trends, Forecast, Segmentation, Growth Rate, Value)

The automotive cyber security market is projected to grow from USD 1.8 billion in 2021 and is projected to reach USD 4.5 billion by 2028; it is expected to grow at a CAGR of 16.40% from 2022 to 2028. Key players in the automotive cyber security market include Continental (Argus Cyber Security), Guardknox Cyber Technologies Ltd., Vector Informatik GmbH, Karamba Security, Synopsys, Upstream Security, Sectigo Limited, ESCRYPT, RunSafe Security, Inc., Trend Micro, Harman InternationalX Trillium Secure Inc., STMicroelectronics, Infineon Technologies AG, NXP Semiconductors, Bosch Mobility Solutions, Microchip Technology, Aptiv and Irdeto.


Chicago, Nov. 16, 2022 (GLOBE NEWSWIRE) -- The report "Automotive Cyber Security Market by Component (Hardware (Hardware Security Modules (HSMs), Secure Vehicle Network Gateways, Trusted Platform Modules (TPM), Others), Software (Embedded Firewalls, Encryption & Cryptography, Biometrics & Authentication, Others), Services (Professional Services, Security Consulting & Risk Assessment, Integration & Deployment, Support & Maintenance, Managed Security Services)), Application (Telematics, Infotainment Systems, Powertrain Systems, ADAS & Safety Systems, Body Control Systems, Others) Vehicle (Fuel-based Vehicles, Passenger Cars, Commercial Vehicles, Electric Vehicles, Passenger Cars, Commercial Vehicles) – Global Forecast to 2028", states that The automotive cyber security market is projected to grow from USD 1.8 billion in 2021 and is projected to reach USD 4.5 billion by 2028; it is expected to grow at a CAGR of 16.40% from 2022 to 2028. The primary factor driving the rise in demand for an effective and efficient security system is the expanding usage of cutting-edge technology in the automotive industry.

Rising cyber threats in the automotive and transportation sectors will increase demand. The growth and expansion of the automotive cyber security market would be further aided by expanding intercity transportation and logistics services. Additionally, the sector will have more prospects as demand for commercial and passenger automobiles with modern technologies increases and personal income rises. The rise has influenced the adoption of cyber security in the automobile industry in government standards and regulations for connected vehicles.

Download PDF Brochure: https://marketsnresearch.com/sample/1569

List of Key Players in Automotive Cyber Security:

  • Continental (Argus Cyber Security)
  • Guardknox Cyber-Technologies Ltd.
  • Vector Informatik GmbH
  • Karamba Security
  • Synopsys
  • Upstream Security
  • Sectigo Limited
  • ESCRYPT
  • RunSafe Security Inc.
  • Trend Micro
  • Harman InternationalX Trillium Secure Inc.
  • STMicroelectronics
  • Infineon Technologies AG
  • NXP Semiconductors
  • Bosch Mobility Solutions
  • Microchip Technology
  • Aptiv
  • Irdeto

Automotive Cyber Security Market Dynamics: Drivers, Restraints, Opportunities

Drivers: Increased use of electronics per vehicle and a growing number of connected cars
Restraints: Growing complexity in the electronic vehicle system
Opportunities: Introduction of electric vehicle wireless battery management system

Click Here to Access a Free Sample Report of the Global Automotive Cyber Security Market @ https://marketsnresearch.com/sample/1569

Recent Developments

  • In November 2021, to provide improved driving experiences, convenience, and services like over-the-air upgrades across its global fleet of vehicles, including the 2021 Ford F-150 truck, Mustang Mach-E, and Bronco SUVs, NXP Semiconductors cooperated with Ford Motor Company.
  • In October 2021, to create more sophisticated Wi-Fi connectivity capabilities and provide end-to-end connectivity solutions for clients and access points, Renesas Electronic Corporation bought Celeno Communications (Israel).
  • In September 2021, the Renault Mégane E-TECH 100% electric, scheduled to go on sale in 2022, will have a Harman Kardon sound system thanks to a partnership between Harman International and Renault (France).

Inquire Before Buying This Research Report: https://marketsnresearch.com/buying-request/1569

Automotive Cyber Security Market Scope:

Report AttributeDetails
Base Year2021
Historical Year2018 – 2020
Forecast Year2022 – 2028
Segments CoveredBy Component, By Application, By Vehicle
Forecast UnitsValue (USD Billion), and Volume (Units)
Quantitative UnitsRevenue in USD million/billion and CAGR from 2022 to 2029
Regions CoveredNorth America, Europe, Asia Pacific, Middle East & Africa, Latin America and Rest of World

Automotive Cyber Security Market Segmentation:

Global Automotive Cyber Security Market – By Component

  • Hardware
    • Hardware Security Modules (HSMs)
    • Secure Vehicle Network Gateways
    • Trusted Platform Modules (TPM)
    • Others
  • Software
    • Embedded Firewalls
    • Encryption & Cryptography
    • Biometrics & Authentication
    • Others
  • Services
    • Professional Services
    • Security Consulting & Risk Assessment
    • Integration & Deployment
    • Support & Maintenance
    • Managed Security Services

 Global Automotive Cyber Security Market – By Application

  • Telematics
  • Infotainment Systems
  • Powertrain Systems
  • ADAS & Safety Systems
  • Body Control Systems
  • Others

Global Automotive Cyber Security Market – By Vehicle

  • Fuel-based Vehicles
  • Passenger Cars
  • Commercial Vehicles
  • Electric Vehicles
  • Passenger Cars
  • Commercial Vehicles

Browse the full “Global Automotive Cyber Security Market by Component (Hardware (Hardware Security Modules (HSMs), Secure Vehicle Network Gateways, Trusted Platform Modules (TPM), Others), Software (Embedded Firewalls, Encryption & Cryptography, Biometrics & Authentication, Others), Services (Professional Services, Security Consulting & Risk Assessment, Integration & Deployment, Support & Maintenance, Managed Security Services)), Application (Telematics, Infotainment Systems, Powertrain Systems, ADAS & Safety Systems, Body Control Systems, Others) Vehicle (Fuel-based Vehicles, Passenger Cars, Commercial Vehicles, Electric Vehicles, Passenger Cars, Commercial Vehicles)and Region - Global Forecast to 2028” Report @ https://marketsnresearch.com/report/1569/global-automotive-cyber-security-market

The service category in the automotive cyber security market is expected to be the fastest-growing segment during the forecast period

The service segment is projected to grow the fastest during the forecast period. As endpoint applications like radio, mobile, and smart antennae are used more frequently in automobiles, there is a rising demand for in-vehicle services. The market segment that is increasing at the fastest rate is external cloud services, thanks to improvements in cloud infrastructure and framework. Because autonomous vehicles generate a lot of data, cloud services offer a very dependable technology. Additionally, cloud technology will promote faster information sharing as more vehicles and devices become cloud-connected.

Passenger cars category of the automotive cyber security market to record the highest CAGR from 2022 to 2028

Passenger cars are expected to account for the highest CAGR of the automotive cyber security market from 2022 to 2028 due to the rising sales of mid-luxury and luxury automobiles and the need for connected vehicle services. Compared to LCVs and HCVs, passenger cars' electrical/electronic (E/E) architecture is more intricate and crucial. Compared to the other two types of cars, passenger vehicles have many ECUs and are more vulnerable to cyberattacks. Due to increased worries about traffic, safety, and pollution levels, V2X technologies are being adopted more frequently, which is the main reason for boosting the passenger cars market.

Still, Looking for More Information? OR Want Data for Inclusion in Magazines, Case Studies, Research Papers or Media?

Email Directly Here with Detail Information: sales@marketsnresearch.com

Regional Insights-

The Asia Pacific is anticipated to grow at a significant rate in automotive cyber security market share from 2022 to 2028

The Asia Pacific is the fastest-growing region in the automotive cybersecurity market. The main drivers of the automotive cybersecurity market in the Asia Pacific include rising sales of mid-sized and luxury automobiles and rising consumer awareness of active and passive safety features. The high volume of passenger vehicle production, along with the growing adoption of connected vehicles and other cutting-edge technology, is a major factor boosting market growth in this area. For the automotive sector, manufacturing hubs include China and India. The Organisation Internationale des Constructeurs d'Automobiles (OICA) estimates that China and India together produce 30 million cars annually. The demand for automotive electronics is anticipated to rise as vehicle production rises. This is thus anticipated to fuel the market's expansion in the area.

Ask For Customization @ https://marketsnresearch.com/customization-request/1569

About Markets N research

When it comes to investing and money matters, you need the leading market research consultancy firm to help you make the right decisions during the toughest business questions and decisions. Markets N Research is the leading research company offering both tactical and strategic support to all our customers. Customer satisfaction is our goal and that is why, we have a team of skilled and experienced specialist with the ability to do data mining, information management, and revenue enhancement solutions to ensure that our clients make informed decisions when coming to investing in the market.

Markets N Research team is comprised of well skilled and equipped personnel ready to concur any upcoming challenges in the market sector for both individual people and organization around the world. We know time is money, and therefore we ensure we solve your problem within the shortest time possible to prevent delays or missing any opportunities. We use globally accepted techniques with a little innovation from our staff in solving all your market research related challenges.

Contact Us:
Markets N Research
US: +1-773-649-1529
Email:- sales@marketsnresearch.com
Website: https://marketsnresearch.com/
Follow on Linkedin: https://www.linkedin.com/company/markets-n-research
Follow on Twitter: https://twitter.com/marketsnr
Like us on Facebook: https://www.facebook.com/Markets-N-Research-108839598639025

Browse More Automotive Industry Reports @ https://marketsnresearch.com/category/automotive-and-transportation/automotive/4

Air Transport MRO Market by Type (Engine, Line, Airframes, Other Components), Service (Heavy Maintenance Inspection, Engine Service Check, Component Maintenance, Line Maintenance, Avionic Standardization, Aircraft Conversions), Application (Civil Air Transport M.R.O., Military Air Transport M.R.O.), Aircraft Type (Narrow Body, Wide Body, Regional Jet, Turbo Prop, Others (piston fixed wing, helicopters, etc.)) and Region - Global Forecast to 2028

Global Electric Vehicle (EV) Market by Components (Battery Cells & Packs, On-Board Charge, Motor, Reducer, Fuel Stack, Power Control Unit, Battery Management System, Fuel Processor, Power Conditioner, Air Compressor, Humidifier), Vehicle Type (Passenger Cars, Commercial Vehicles), Vehicle Class (Low-priced, Mid-priced, Luxury), Top Speed (<125 MPH, >125 MPH), Vehicle Drive Type (Front Wheel Drive, Rear Wheel Drive, All Wheel Drive), Point Type (Normal Charging, Super Charging), Vehicle Connectivity (V2B or V2H, V2G, V2V, V2X), Propulsion (BEV, PHEV, FCEV), End Use (Private, Commercial Fleets), and Region - Global Forecast to 2028

Global Electric Vehicle Charging Stations Market - By (Level of Charging: Level 1, Level 2, Level 3(DCFC)), By Connector Type (Type 1 (J-plug), CCS, CHAdeMO, GB/T, and Tesla) Market - Growth, Future Prospects, Post COVID-19 Scenario 2021 - 2028

Global Automotive Fuel Cell Market, By Type: (Polymer Electronic Membrane Fuel Cell, Direct Methanol Fuel Cell, Alkaline Fuel Cell, and Phosphoric Acid Fuel Cell), By Vehicle Type (Passenger Cars and Commercial Vehicles) By Power Output (Below 100 KW, 100 to 200 KW, and Above 200 KW) Market - Growth, Future Prospects, Post COVID-19 Scenario 2020 - 2028

Global Truck Telematics Market, By Solution (Fleet Tracking and Monitoring, Driver Management, Insurance Telematics, and Others); By Provider Type (OEM and Aftermarket) Market - Growth, Future Prospects, Post COVID-19 Scenario 2020 - 2028



Contact Data