Automotive Cybersecurity Market Outlook 2030: Leading Companies & Share Insights

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Automotive Cybersecurity Market Outlook 2030: Leading Companies & Share Insights

Future Automotive Cybersecurity Market: Key Dynamics, Size & Share Analysis

The Global Automotive Cybersecurity Market size was valued at USD 3.4 billion in 2023 and is projected to reach USD 12.24 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 19.5% during the forecast period, i.e., 2024-30. In recent years, the expansion in the number of connected cars on the road has been amplifying the demand for automotive cybersecurity solutions. This is primarily because connected cars require extensive software solutions to facilitate smooth connectivity, which results in generating a large volume of datasets as well.

Top Market Driver Impacting the Automotive Cybersecurity Market Growth

Ride-sharing Companies Expanding Worldwide – With the increasing populace, which is becoming more urbanized, the workforce is also growing. Hence, in the past few years, the usage of ride-sharing has been amplified. Therefore, ride-sharing companies have been receiving government support in various countries, to fulfill the growing demand for their services worldwide.

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Understanding the Core Segments in the Automotive Cybersecurity Market

Automotive Cybersecurity Market Size, Share & Industry Trends Analysis- By Vehicle Type (Passenger Vehicles, Light Commercial Vehicle [LCV], Medium & Heavy Commercial Vehicles [MHCV]), By Propulsion (ICE Vehicles, Electric Vehicles), By Vehicle Autonomy (Non-autonomous Vehicles, Semi-autonomous Vehicles, Autonomous [Driverless] Vehicles), By Deployment Type (Embedded, Integrated [Cloud-based]), By Application (Body Control & Comfort, ADAS & Safety Systems, Telematics System, Infotainment System, Powertrain System, Other), By Security Application Security, Wireless Network Security, Endpoint Security) and Others.

Geographical Analysis of the Automotive Cybersecurity Market

By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific.

Who Dominates the Automotive Cybersecurity Market Insights on Key Industry Players?

Companies are strengthening their presence in the Automotive Cybersecurity market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.

  • Infineon Technologies AG
  • Continental AG (Argus Cyber Security)
  • Robert Bosch GmbH (ESCRYPT GmbH)
  • Garrett Motion Inc.
  • Intel Corporation
  • Aptiv Plc.
  • C2A Security
  • Harman International Industries, Inc.
  • Denso Corporation
  • Honeywell International Inc.
  • SBD Automotive
  • NNG Software Developing and Commercial Llc.
  • Karamba Security
  • Vector Informatik GmbH
  •  

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