Automotive Cyber Security Market by Offering, Security, Application, Vehicle

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[191 Pages Report] The Automotive Cyber Security Market size was estimated at USD 3.15 billion in 2023 and expected to reach USD 3.67 billion in 2024, at a CAGR 17.17% to reach USD 9.56 billion by 2030.

Automotive cyber security refers to the measures and practices implemented to protect vehicles from cyber threats and unauthorized access to their electronic systems. As modern vehicles become increasingly connected and reliant on digital technologies, the need for comprehensive security solutions to safeguard against hacking, data breaches, and other forms of cyber attacks has become crucial. Increasing adoption of advanced telematics and cellular systems in automotive vehicles driving the growth of the market. Additionally, the greater adoption of connected and autonomous vehicles increases vulnerability to cyber threats, which simultaneously increases the deployment of automotive cyber security solutions. However, the high costs associated with the development and implementation of advanced security solutions limit the adoption of automotive cybersecurity solutions. Furthermore, the integration of new technologies based on artificial intelligence and machine learning to enhance automotive cybersecurity creates potential opportunities for market growth.

KEY MARKET STATISTICS
Base Year [2023]	USD 3.15 billion
Estimated Year [2024]	USD 3.67 billion
Forecast Year [2030]	USD 9.56 billion
CAGR (%)	17.17%

Offering: Development in software suites with enhanced capabilities to detect and respond to threats for commercial vehicles

Hardware solutions form a critical aspect of automotive cyber security, which includes physical devices designed to protect vehicular systems against unauthorized access and malicious activities. These hardware include firewalls, gateways, and Hardware Security Modules (HSMs). The preference for hardware solutions often arises from the need for real-time protection and defense against physical tampering and remote cyber-attacks. Automotive manufacturers prioritize hardware when they require a robust and tamper-proof security solution that is less susceptible to software vulnerabilities. Software solutions are instrumental in safeguarding vehicles against cyber threats, complementing hardware measures. They include security platforms, encryption software, and detection systems designed to protect the data and integrity of vehicle systems. The demand for software offerings in automotive cyber security stems from the necessity for updatable and scalable solutions. It is suitable for remote diagnostics, threat monitoring, and continuous updates against new vulnerabilities and is often chosen by manufacturers and fleet operators who value adaptability and ongoing threat response.

Security: Increasing preference for robust application security solutions due to the potential impact of a breach

Application security in the automotive sector involves safeguarding software applications from threats throughout the entire application lifecycle. In vehicles, this pertains to onboard systems, including infotainment, telematics, vehicle management software, and associated mobile and web applications. The need for application security arises from the increased connectivity features in modern cars, which present numerous attack surfaces for potential cyber threats. Endpoint security pertains to protecting the network endpoints in vehicles, such as ECUs (Electronic Control Units), onboard diagnostics ports, and sensor modules. Given the vital role these components play in vehicle safety and performance, securing them from unauthorized access and manipulation is essential. Endpoint security technologies include firewall protection, intrusion detection and prevention systems (IDPS), and secure boot solutions. Wireless network security in the automotive context involves the protection of wireless communication channels such as Wi-Fi, Bluetooth, and V2X (Vehicle-to-Everything) technologies from cyber threats. As wireless technologies facilitate critical data exchange for both vehicle functionality and passenger entertainment, their security is paramount.

Application: Rising adoption of cybersecurity in ADAS and safety systems to protect vehicular control systems from malicious attacks

Advanced Driver-Assistance Systems (ADAS) and safety systems are critical for modern vehicle operations, enhancing safety and providing driving assistance. Cybersecurity in this area is paramount as these systems directly impact vehicle control and driver safety. Body control & comfort system segment encompasses systems that manage the vehicle's interior environment and access control, such as air conditioning, lighting, and lock mechanisms. Security preference for body control and comfort systems is moderate yet essential for personal privacy and preventing unauthorized vehicle access. Vehicle communication systems facilitate both intra-vehicle and inter-vehicle communication. This includes Vehicle-to-Vehicle (V2V) and Vehicle-to-Infrastructure (V2I) technologies. Infotainment systems offer entertainment and information content through interfaces such as touchscreens and voice commands in vehicles. Cybersecurity for infotainment is essential to protect user data and prevent distractions that could arise from system malfunctions while driving. The powertrain system includes all components that generate power and deliver it to the road surface. This encompasses the engine, transmission, driveshafts, differentials, and final drive. Telematics systems combine telecommunications and vehicular technologies for functions such as GPS navigation and vehicle diagnostics and to enable emergency services.

Vehicle: Expanding application of cybersecurity in commercial vehicles with higher focus on operational integrity and fleet data security

The commercial vehicle segment includes a broad range of vehicles such as trucks, buses, vans, and fleets used for business purposes. The need-based preferences in this sector typically prioritize robustness and resilience against external cyber threats due to the critical nature of goods and services transport and the extensive operational time compared to passenger cars. The passenger car segment puts a strong emphasis on consumer privacy, infotainment system security, and vehicular communication systems protection. As these vehicles are more personal, cybersecurity in this segment tends to focus on personal data protection, ensuring the safety and security of the passengers' information as connected cars become more prevalent.

Regional Insights

In the American region, the automotive cybersecurity market is driven by stringent government regulations and high consumer awareness about data privacy. Customers in the American region show a preference for brands that prioritize security features. Investment in research and development by major automotive and tech companies is robust, leading to a regular influx of new patents aimed at securing connected vehicles against cyber threats. The European Union has been proactive in addressing automotive cyber security, with regulations such as the General Data Protection Regulation (GDPR) impacting how vehicle data is handled. European government initiatives focus on enhancing cybersecurity across all sectors, including automotive. In the EU, customer purchasing behavior is heavily influenced by the reputation of a brand's security measures, with many consumers placing a premium on vehicles that offer advanced safety and security technologies. The Middle East is witnessing a dynamic change in the automotive cybersecurity market. With substantial investments in smart city initiatives, there is a corresponding increase in awareness and the need for robust vehicle cyber security solutions. The region is seeing a growth in luxury and connected vehicles, which are prime targets for cyber threats, thus propelling consumer demand for effective protection measures. The APAC region is advancing in the automotive cyber security domain. The APAC region government has taken steps to implement cyber security standards specific to the automotive industry. Customers across the region are increasingly aware of cyber security, which influences their purchasing decisions. Major investments in smart vehicles and connectivity infrastructure are indicative of the growing emphasis on automotive cyber security.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Automotive Cyber Security Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Automotive Cyber Security Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Automotive Cyber Security Market, highlighting leading vendors and their innovative profiles. These include Aptiv PLC, Argus Cyber Security Ltd. by Continental AG, AT&T Inc., BlackBerry Limited, Broadcom Inc., C2A Security, Capgemini SE, Cisco Systems, Inc, Cybellum Ltd., Dellfer, Inc., Denso Corporation, ETAS GmbH by Robert Bosch GmbH, GuardKnox Cyber Technologies Limited., Harman International by Samsung Electronics Co., Ltd., Horiba, Ltd., Intertrust Technologies Corporation., Karamba Security Ltd., NVIDIA Corporation, NXP Semiconductors, RunSafe Security, Sheelds Cyber Ltd., Thales Group, Upstream Security Ltd., and Vector Informatik GmbH.

Market Segmentation & Coverage

This research report categorizes the Automotive Cyber Security Market to forecast the revenues and analyze trends in each of the following sub-markets:

Offering
- Hardware
- Software

Security
- Application Security
- Endpoint Security
- Wireless Network Security

Application
- ADAS & Safety System
- Body Control & Comfort System
- Communication System
- Infotainment System
- Powertrain System
- Telematics System

Vehicle
- Commercial Vehicle
- Passenger Car

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Automotive Cyber Security Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Automotive Cyber Security Market?

3. What are the technology trends and regulatory frameworks in the Automotive Cyber Security Market?

4. What is the market share of the leading vendors in the Automotive Cyber Security Market?

5. Which modes and strategic moves are suitable for entering the Automotive Cyber Security Market?

Product Code: MRR-43750BE22663

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Adoption of advanced telematics and cellular systems in automotive vehicles
  - 5.1.1.2. Government awareness programs and initiatives promoting vehicle cybersecurity
  - 5.1.1.3. Rising adoption of keyless entry systems in automobiles
- 5.1.2. Restraints
  - 5.1.2.1. Technical complications of maintaining the security of automotive vehicles
- 5.1.3. Opportunities
  - 5.1.3.1. Integration of new technologies based on AI and ML to enhance automotive cybersecurity
  - 5.1.3.2. Emerging utilization of connected cars and self-driving vehicles
- 5.1.4. Challenges
  - 5.1.4.1. Integration issues of cybersecurity solutions with certain vehicle infrastructure
5.2. Market Segmentation Analysis
- 5.2.1. Offering: Development in software suites with enhanced capabilities to detect and respond to threats for commercial vehicles
- 5.2.2. Security: Increasing preference for robust application security solutions due to the potential impact of a breach
- 5.2.3. Application: Rising adoption of cybersecurity in ADAS and safety systems to protect vehicular control systems from malicious attacks
- 5.2.4. Vehicle: Expanding application of cybersecurity in commercial vehicles with higher focus on operational integrity and fleet data security
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Automotive Cyber Security Market, by Offering

6.1. Introduction
6.2. Hardware
6.3. Software

7. Automotive Cyber Security Market, by Security

7.1. Introduction
7.2. Application Security
7.3. Endpoint Security
7.4. Wireless Network Security

8. Automotive Cyber Security Market, by Application

8.1. Introduction
8.2. ADAS & Safety System
8.3. Body Control & Comfort System
8.4. Communication System
8.5. Infotainment System
8.6. Powertrain System
8.7. Telematics System

9. Automotive Cyber Security Market, by Vehicle

9.1. Introduction
9.2. Commercial Vehicle
9.3. Passenger Car

10. Americas Automotive Cyber Security Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Automotive Cyber Security Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Automotive Cyber Security Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
- 13.3.1. dSPACE and Argus Cyber Security Join Forces to Introduce New Cyber Security Test Automation Capabilities, Shaping the Next Generation of Automotive Software Development
- 13.3.2. Tata Elxsi to develop automotive cyber security solution with IISc
- 13.3.3. VicOne and VinCSS Partner on Automotive Cybersecurity Services to Improve Efficiencies in Protecting Open-Source ECUs in Smart Vehicles
13.4. Strategy Analysis & Recommendation

14. Competitive Portfolio

14.1. Key Company Profiles
14.2. Key Product Portfolio