IMARC Group has recently released a new research study titled “Automotive Cybersecurity Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
How big is the automotive cybersecurity market?
The global automotive cybersecurity market size reached US$ 2.61 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.11 Billion by 2028, exhibiting a growth rate (CAGR) of 20.25% during 2023-2028.
What is automotive cybersecurity?
Automotive cybersecurity is an essential aspect of the modern automotive industry, centered around the safeguarding of automotive systems from potential cyber threats. It comprises the application of technological measures and practices to protect vehicles equipped with connected features from cyber-attacks. These systems, ranging from infotainment modules and advanced driver-assistance systems (ADAS) to telematics, navigation, and various in-car connectivity systems, enhance the vehicle’s functionality. Automotive cybersecurity strategies aim to protect these in-vehicle electronic systems, the data they produce and process, and the external connections they rely upon from unauthorized access, manipulation, or disruption. The escalating need to secure the integrity and functionality of automotive systems and safeguard the privacy of personal data is underpinning the mounting global significance of the automotive cybersecurity market.
Request to Get the Sample Report: https://www.imarcgroup.com/automotive-cybersecurity-market/requestsample
What are the trends in the automotive cybersecurity industry?
The rapid proliferation of connected cars on the roads is driving the global market. Moreover, with the growing integration of advanced features and IoT devices, the number of potential entry points for cyber threats, in a vehicle has exponentially increased, necessitating robust cybersecurity solutions. The advent of transformative technologies such as 5G and AI assists to amplify the connectivity and functionality of vehicles, thereby stimulating the market. In response to these growing threats, regulatory bodies across the globe are enacting stringent regulations mandating automotive cybersecurity, propelling the market. Besides, the increasing consumer awareness about data security and privacy is influencing purchasing decisions and underscoring the commercial importance of automotive cybersecurity.
The market is further driven by the introduction of cybersecurity solutions boasting next-generation technologies designed to anticipate, withstand, and swiftly respond to cyber threats.
Who are the key players operating in the industry?
Automotive Cybersecurity Key Companies:
- Aptiv PLC
- Capgemini SE
- Continental AG
- DENSO Corporation
- GuardKnox
- HARMAN International (Samsung Electronics Co. Ltd.)
- Karamba Security Ltd.
- NXP Semiconductors N.V.
- Upstream Security Ltd.
- Vector Informatik GmbH
Automotive Cybersecurity Market Segmentation:
The report has segmented the market into the following categories:
Breakup by Security Type:
- Application Security
- Wireless Network Security
- Endpoint Security
Breakup by Form:
- In-Vehicle
- External Cloud Services
Breakup by Vehicle Type:
- Passenger Car
- Commercial Vehicle
- Electric Vehicle
Breakup by Application:
- ADAS and Safety
- Body Control and Comfort
- Infotainment
- Telematics
- Powertrain Systems
- Others
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Email: sales@imarcgroup.com
LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/
