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Global Automotive Cybersecurity Market is Projected to Surpass USD 18 Billion By the End of 2027 with a Growing CAGR of 16% | Infinium Global Research
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Market Insight
Automotive cybersecurity is pivotal software designed to protect vehicle data from potential hacking threats. This system, a blend of methods to recognize, protect, and enhance security and privacy, ensures a vehicle's smooth functioning while preventing unauthorized access. With innovative advancements, vehicles equipped with cybersecurity features extend protection beyond engine control units, incorporating cloud-based security and network monitoring systems. This advancement has significantly reduced cyber-attacks and enhanced vehicle security.
Factors Driving Market Growth
The automotive sector's increasing adoption of advanced technologies fuels the demand for efficient security systems, driven by rising cyber threats within transportation. Additionally, substantial research and development investments in automotive cybersecurity, coupled with increased transportation and logistics facilities at the country level, are boosting market growth. The demand for technologically advanced commercial and passenger vehicles, driven by rising incomes, presents further growth opportunities. However, the high costs associated with establishing cybersecurity systems and modern vehicles equipped with pre-installed systems pose significant growth restraints. The pandemic's impact on the automotive sector and the lack of technological advancements in underdeveloped countries also hinder market growth.
Regional Outlook and Market Segmentation
The global automotive cybersecurity market is segmented into North America, Asia Pacific, Europe, Middle East, and Africa. North America is expected to lead the market due to increased automotive and information technology advancements. Europe follows closely, driven by supportive government regulations and increased investments. The Asia Pacific region, particularly India and China, is poised for significant growth owing to the rising use of advanced connected cars and increased utilization of vehicle-connected infotainment and wireless network systems.
Market Segments
The report segments the market based on security (hardware, software, network, cloud), type (passenger/consumer vehicle, commercial vehicle), and application (on-board diagnostic, communication, safety systems, infotainment, telematics).
Key Market Players
Key market players profiled in the report include Harman International Industries Inc., Argus Cyber Security, Karamba Security, Intel Corporation, NNG Software Developing and Commercial LLC, NXP Semiconductors N.V., Secunet AG, Escrypt Embedded Systems, Robert Bosch GmbH, and GuardKnox Cyber Technologies Ltd.
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Table of Content
Chapter 1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
Chapter 2. Executive Summary
2.1. Automotive Cybersecurity Market Highlights
2.2. Automotive Cybersecurity Market Projection
2.3. Automotive Cybersecurity Market Regional Highlights
Chapter 3. Global Automotive Cybersecurity Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Analysis of COVID-19 impact on the Automotive Cybersecurity Market
3.4. Porter's Five Forces Analysis
3.5. IGR-Growth Matrix Analysis
3.5.1. IGR-Growth Matrix Analysis by Security
3.5.2. IGR-Growth Matrix Analysis by Type
3.5.3. IGR-Growth Matrix Analysis by Application
3.5.4. IGR-Growth Matrix Analysis by Region
3.6. Value Chain Analysis of Automotive Cybersecurity Market
Chapter 4. Automotive Cybersecurity Market Macro Indicator Analysis
Chapter 5. Global Automotive Cybersecurity Market by Security
5.1. Hardware Security
5.2. Software Security
5.3. Network Security
5.4. Cloud Security
Chapter 6. Global Automotive Cybersecurity Market by Type
6.1. Passenger/Consumer Vehicle
6.2. Commercial Vehicle
Chapter 7. Global Automotive Cybersecurity Market by Application
7.1. On-board Diagnostic (OBD)
7.2. Communication
7.3. Safety Systems
7.4. Infotainment
7.5. Telematics
Chapter 8. Global Automotive Cybersecurity Market by Region 2021-2027
8.1. North America
8.1.1. North America Automotive Cybersecurity Market by Security
8.1.2. North America Automotive Cybersecurity Market by Type
8.1.3. North America Automotive Cybersecurity Market by Application
8.1.4. North America Automotive Cybersecurity Market by Country
8.2. Europe
8.2.1. Europe Automotive Cybersecurity Market by Security
8.2.2. Europe Automotive Cybersecurity Market by Type
8.2.3. Europe Automotive Cybersecurity Market by Application
8.2.4. Europe Automotive Cybersecurity Market by Country
8.3. Asia-Pacific
8.3.1. Asia-Pacific Automotive Cybersecurity Market by Security
8.3.2. Asia-Pacific Automotive Cybersecurity Market by Type
8.3.3. Asia-Pacific Automotive Cybersecurity Market by Application
8.3.4. Asia-Pacific Automotive Cybersecurity Market by Country
8.4. RoW
8.4.1. RoW Automotive Cybersecurity Market by Security
8.4.2. RoW Automotive Cybersecurity Market by Type
8.4.3. RoW Automotive Cybersecurity Market by Application
8.4.4. RoW Automotive Cybersecurity Market by Sub-region
Chapter 9. Company Profiles and Competitive Landscape
9.1. Competitive Landscape in the Global Automotive Cybersecurity Market
9.2. Companies Profiles
9.2.1. Harman International Industries Inc.
9.2.2. Argus Cyber Security
9.2.3. Karamba Security
9.2.4. Intel Corporation
9.2.5. NNG Software Developing and Commercial LLC
9.2.6. NXP Semiconductors N.V.
9.2.7. Secunet AG
9.2.8. Escrypt Embedded Systems
9.2.9. Robert Bosch GmbH
9.2.10. GuardKnox Cyber Technologies Ltd.
More Insights on this report, Speak to Our Analyst: https://www.infiniumglobalresearch.com/reports/enquiry/35993
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of automotive cybersecurity.
=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2027.
=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.
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About Infinium Global Research:
Infinium Global Research is a business consulting and market research firm; a group of experts that caters to fulfilling business and market research needs of leading companies in various industry verticals and business segments. The company also serves government bodies, institutes, and non-profit/non-government organizations to meet their knowledge and information needs.
Through our information services and solutions, we assist our clients to improve their performance and assess the market conditions to achieve their organizational goals. Our team of experts and analysts are engaged in continuously monitoring and assessing the market conditions to provide knowledge support to our clients. To help our clients and to stay updated with the advances and inventions in technology, business processes, regulations, and the environment, Infinium often conducts regular meets with industry experts and opinion leaders. Our key opinion leaders are involved in monitoring and assessing the progress in the business environment, so as to offer the best opinion to our clients.
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