Automotive Cyber Security Market - By Security Type: Network Security, Application Security, Endpoint Security. By Application: Infotainment, ADAS, Powertrain, Telematics, Others. By Offering: Hardware, Software, Services. By Vehicle Type: Passenger Cars, Commercial Vehicles, Electric Vehicles. By Region: North America, Europe, Asia-Pacific, Latin America, Middle East & Africa.
The global Automotive Cyber Security Market was valued at USD 3.2 billion in 2023 and is projected to reach USD 9.8 billion by 2031, growing at a CAGR of 14.9%. Increasing vehicle connectivity, regulatory mandates, and rising incidents of cyberattacks on automobiles fuel this explosive growth.
2024 Market Breakthroughs
Market Drivers
1. Connectivity Boom
2. Attack Surface Expansion
3. Insurance & Liability Pressures
Competitive Landscape
|
Company |
Market Share |
Flagship Solution |
Strategic Edge |
|
Harman (Samsung) |
28% |
5G Shield™ Intrusion Prevention |
OEM-embedded solutions |
|
Argus Cyber Security |
XX% |
ECU Firewall with ML |
Fleet-scale protection |
|
Karamba Security |
XX% |
Runtime Application Control |
Zero-trust architecture |
Emerging Disruptors:
Market Segmentation
Recent Developments (2024)
Global Automotive Cyber Security Market Report
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