Global Automotive Cybersecurity Market By Overview
Automotive cybersecurity is an enhanced and new technology in the field of the automotive industry. It is based on implementation of Internet of Things (IoT) for car security. Automotive cybersecurity gas various applications of security systems which help protect the vehicle from various threats. It supports hardware protection to control engine unit, helps in managing potential risks, offers network monitoring system and navigation system, provides safeguard against infotainment system, among others. Automotive cybersecurity protects all the possible base security needs of car-owners and cars by using Internet connectivity.
Increasing electronic content per vehicle, rising number of connected vehicles, and growth in cyber threat owing to increase in data and connectivity in the vehicles are the major factors driving growth of the global market. According to data published by IEA in 2019, electric mobility is expanding at a rapid pace. In 2018, the global electric car fleet exceeded 5.1 million which was increased by 2 million from the previous year and almost doubling the number of new electric car sales. The world’s largest electric car market is accounted by China, followed by Europe and the United States. Norway is dominating in terms of the electric car market share. Moreover, factors such as increasing application of automotive cloud to store and share data and over-the-air software update, increasing implementation of mobility-as-a-service (MaaS) and vehicle platooning, and rising demand for advance cybersecurity solution with the increase in level of autonomy are expected to create lucrative growth opportunities for the global market. However, highly expensive software applications and weak Internet connection are some of the major factors that may hamper growth of the global market.
The global automotive cybersecurity market is segmented based on service, vehicle type, security, application, and region.
Based on service, the global automotive cybersecurity market is segmented into in-vehicle and external cloud services. In 2018, in-vehicle segment accounted for major revenue share for the global market, owing to rising demand and adoption of end-point applications including radios, mobiles, smart antennas, among others. Based on vehicle type, the target market is classified into passenger car, commercial vehicle, and electric vehicle. The electric vehicle type segment is projected to grow at a significant growth rate over the forecast period. This is mainly attributed due to increasing adoption of EVs globally and growing number of initiatives by government of various developed and developing countries. On the basis of security, the target market is segmented into endpoint security, application security, and wireless network security. Based on application, the global market is classified into telematics system, infotainment system, powertrain system, body control & comfort system, and ADAS & safety system.
Based on region the global automotive cybersecurity market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is projected to register fastest growth rate in the global automotive cybersecurity market over the forecast period. This is mainly attributed due to rising inclination towards high-tech end cars by individuals and increasing sales of electric vehicles in countries in the region. The North America market is anticipated to dominate in the global market due to high adoption of connected cars and self-driving cars in the region. In addition, presence of prominent players for the global market in the countries such as the US and Canada is also boosting growth of this region. The market in Europe is estimated to account for significant share in the target market, owing to high purchasing power and growing adoption of advanced cybersecurity connected car systems in countries in the region.
The key players operating the global automotive cybersecurity market involves Arilou Technologies, Argus Cyber Security Ltd., NXP Semiconductors N.V., HARMAN International, Continental AG, ESCRYPT, Vector Informatik GmbH, Karamba Security, Robert Bosch GmbH, and Symantec Corporation. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. For instance, on January 2019, Arilou Technologies and Green Hills Software have collaborated on vehicle network security for automotive OEMs.
Detailed Segmentation:
Global Automotive Cybersecurity Market, By Service:
- In-Vehicle
- External Cloud Services
Global Automotive Cybersecurity Market, By Vehicle Type:
- Passenger Car
- Commercial Vehicle
- Electric Vehicle
Global Automotive Cybersecurity Market, By Security:
- Endpoint Security
- Application Security
- Wireless Network Security
Global Automotive Cybersecurity Market, By Application:
- Telematics System
- Infotainment System
- Powertrain System
- Body Control & Comfort System
- ADAS & Safety System
Global Automotive Cybersecurity Market, By Region:
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- North America
- North America Automotive Cybersecurity Market, By Service
- North America Automotive Cybersecurity Market, By Vehicle Type
- North America Automotive Cybersecurity Market, By Security
- North America Automotive Cybersecurity Market, By Application
- North America Automotive Cybersecurity Market, By Country
- U.S.
- Canada
- Europe
- Europe Automotive Cybersecurity Market, By Service
- Europe Automotive Cybersecurity Market, By Vehicle Type
- Europe Automotive Cybersecurity Market, By Security
- Europe Automotive Cybersecurity Market, By Application
- Europe Automotive Cybersecurity Market, By Country
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Asia Pacific Automotive Cybersecurity Market, By Service
- Asia Pacific Automotive Cybersecurity Market, By Vehicle Type
- Asia Pacific Automotive Cybersecurity Market, By Security
- Asia Pacific Automotive Cybersecurity Market, By Application
- Asia Pacific Automotive Cybersecurity Market, By Country
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Latin America Automotive Cybersecurity Market, By Service
- Latin America Automotive Cybersecurity Market, By Vehicle Type
- Latin America Automotive Cybersecurity Market, By Security
- Latin America Automotive Cybersecurity Market, By Application
- Latin America Automotive Cybersecurity Market, By Country
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Middle East & Africa Automotive Cybersecurity Market, By Service
- Middle East & Africa Automotive Cybersecurity Market, By Vehicle Type
- Middle East & Africa Automotive Cybersecurity Market, By Security
- Middle East & Africa Automotive Cybersecurity Market, By Application
- Middle East & Africa Automotive Cybersecurity Market, By Country
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- North America
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Company Profile:
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- Arilou Technologies*
- Company Overview
- Arilou Technologies*
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- Chipset Portfolio
- Key Highlights
- Financial Performance
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- Argus Cyber Security Ltd.
- NXP Semiconductors N.V.
- HARMAN International
- Continental AG
- ESCRYPT
- Vector Informatik GmbH
- Karamba Security
- Robert Bosch GmbH
- Symantec Corporation
“*” marked represents similar segmentation in other categories in the respective section
Global Automotive Cybersecurity Market By Table of Contents
Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Service
- Market Snippet, By Vehicle Type
- Market Snippet, By Security
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Automotive Cybersecurity Market, By Service, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- In-Vehicle
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- External Cloud Services
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Automotive Cybersecurity Market, By Vehicle Type, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Passenger Car
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Commercial Vehicle
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Electric Vehicle
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Automotive Cybersecurity Market, By Vehicle Type, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Passenger Car
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Commercial Vehicle
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Electric Vehicle
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Automotive Cybersecurity Market, By Security, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Endpoint Security
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Application Security
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Wireless Network Security
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Automotive Cybersecurity Market, By Region, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By System, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Vehicle Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Security, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By System, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Vehicle Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Security, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Service, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Vehicle Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Security, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Service, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Vehicle Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Security, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Service, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Vehicle Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Security, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
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- Arilou Technologies
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Argus Cyber Security, Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- NXP Semiconductors N.V.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- HARMAN International
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Continental AG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- ESCRYPT
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Vector Informatik GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Karamba Security
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Robert Bosch GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Symantec Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Arilou Technologies
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- Section
- Research Methodology
- About Us
- Contact
FAQs
The global automotive cybersecurity was valued at USD 1290 million in 2019
The global automotive cybersecurity market is expected to grow with a CAGR of 23.16%.
The global automotive cybersecurity market is segmented based on service, vehicle type, security, application, and region.
The major growth drivers for the market are the growing number of connected cars and electronic content per vehicle and reinforcement of mandates by regulatory bodies for vehicle data protection.
Asia Pacific market is estimated to hold the largest market share and is estimated to grow at a significant CAGR during the forecast period. The market growth in the region can be attributed to the increase in vehicle production and rising adoption of connected vehicles.
Leading players operating in the global automotive cybersecurity market are focusing on strategic partnerships as well as the launching of the products in order to gain a competitive edge in the target market. For instance, in January 2019, Arilou Technologies and Green Hills Software have collaborated on vehicle network security for automotive OEMs.