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Automotive Cybersecurity Market Size, Growth, Demands Outlook and Forecasts to 2032

According to the research report, the global automotive cybersecurity market size is expected to touch USD 16.43 Billion by 2032, from USD 3.1 Billion in 2022, growing with a significant CAGR of 18.15% from 2023 to 2032. 

Automotive Cybersecurity Market Size 2023 To 2032

The automotive cybersecurity report offers a comprehensive study of the current state expected at the major drivers, market strategies, and key vendors’ growth. The report presents energetic visions to conclude and study the market size, market hopes, and competitive surroundings. The research also focuses on the important achievements of the market, research & development, and regional growth of the leading competitors operating in the market. The current trends of the global automotive cybersecurity in conjunction with the geographical landscape of this vertical have also been included in this report.

The report offers intricate dynamics about different aspects of the global automotive cybersecurity market, which aids companies operating in the market in making strategic development decisions. The study also elaborates on significant changes that are highly anticipated to configure growth of the global automotive cybersecurity during the forecast period. It also includes a key indicator assessment that highlights growth prospects of this market and estimates statistics related to growth of the market in terms of value (US$ Mn) and volume (tons).

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 Report Scope of the Automotive Cybersecurity Market

Report CoverageDetails
Market Size in 2023USD 3.66 Billion
Market Size by 2032USD 16.43 Billion
Growth Rate from 2023 to 2032CAGR of 18.15%
Largest MarketAsia Pacific
Second Largest MarketNorth America
Base Year2022
Forecast Period2023 to 2032
Segments CoveredBy Security Type, By Vehicle Type, By Application and By Form
Regions CoveredNorth America, Europe, Asia-Pacific, Latin America and Middle East & Africa

This study covers a detailed segmentation of the global automotive cybersecurity market, along with key information and a competition outlook. The report mentions company profiles of players that are currently dominating the global automotive cybersecurity market, wherein various developments, expansions, and winning strategies practiced and implemented by leading players have been presented in detail.

Key Players

  • Sheelds
  • Vector Informatik GmbH
  • NXP Semiconductors N.V.
  • Harman International
  • Broadcom Inc.
  • Denso Corporation
  • Honeywell International, Inc.
  • Continental AG
  • Guard Knox Cyber-Technologies Ltd.
  • Robert Bosch GmbH

Market Segmentation

 By Security Type 

  • Endpoint Security
  • Application Security
  • Wireless Network Security

By Vehicle Type 

  • Passenger Car
  • Commercial Vehicle
  • Electrical Vehicle

By Application 

  • ADAS & Safety System
  • Infotainment
  • Body Electronics
  • Powertrain 
  • Telematics

By Form 

  • In-Vehicle Services
  • External Cloud Services

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • The Middle East and Africa

Research Methodology

The research methodology adopted by analysts for compiling the global automotive cybersecurity report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the global market.

During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global market.

For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the global automotive cybersecurity market.

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