Press release
Automotive Cyber Security Market Expected to Triple to USD 9.8 Bn by 2031 as Connected Cars Encounter Increasing Threats
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2024 Security Milestones:
1. Quantum Defense Race
o BMW-IBM partnership prototypes post-quantum secured vehicles for 2027.
o NXP's new chipsets protect V2X comms against future attacks.
2. AI Arms Race
o Upstream's AutoThreat® detects 99.2% of novel attacks.
o GuardKnox's CAN bus protection achieves 100% success in penetration tests.
3. Regulatory Tipping Point
o UN R155 now mandates cybersecurity for all new EU cars.
o NHTSA's new guidelines reference quantum-resistant standards.
Regional Hotspots:
• North America (40%): Leads in insurance/liability frameworks.
• Europe (XX%): UN regulations driving OEM compliance.
• Asia-Pacific (XX%): Chinese EV makers investing heavily.
Executive Insights:
"Today's cars have more code than fighter jets - we're building digital armor for them."
- Yoni Heilbronn, CMO, Argus Cyber Security
Roadmap to 2031:
• 2025: 50% of new cars to feature runtime intrusion prevention.
• 2027: Post-quantum encryption standard in premium EVs.
• 2030: Self-healing vehicle networks expected in autonomous fleets.
For more insights, visit https://clearviewmarketinsights.com/report-store
Media contact:
Bhavani K
Marketing and Sales Head
ClearView Market Insights
Mail: sales@clearviewmarketinsights.com
Phone: +1 917-993-7369
About ClearView Market Insights
ClearView Market Insights tracks 200+ mobility tech markets, from cybersecurity to V2X.
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