Key Highlights
• In recent years, electrification has aided in a vehicle's total weight reduction. As a result, the automotive industry has seen a sharp rise in the demand for technological advance electronic devices. Vehicles are now especially vulnerable to cyberattacks due to the greater adoption of device connectivity over network. Cyberattacks can target the electrical parts used in predictive maintenance, infotainment, connection, ADAS mechanisms, among other components. As a result, stakeholders have started investing in cybersecurity technologies to create trustworthy digital infrastructure for vehicles.
• The market size for automobile cybersecurity market was valued in 2022 at USD 3.32 billion, while by 2032, it is anticipated to have grown to USD 28.43 billion, with a CAGR of 17.5%.
• In October'22 in response to the increasing cyber risks posed to automobiles, Denso Corporation along with NTT Communications Corporation announced the establishment of the VSOC (Vehicle Security Operation Centre).
• Due to an increase in cyberattacks on the auto sector, there is an increasing need for automotive cybersecurity solutions, which is driving the growth of the automotive cybersecurity market. There is an increase in cybercrime, and it is predicted that customer understanding of data safety will lead to prosperous business possibilities. The industry is driven by owners and organizations being urged to implement automotive cybersecurity measures. Further market growth is anticipated to be fuelled by the rise of connected vehicles and the enactment of automotive data security laws by regulatory bodies.
Scope of the Industry Profile
Key Players
• Continental AG (Germany)
• Robert Bosch GmbH (Germany)
• Harman International (US)
• DENSO Corporation (Japan)
• Aptiv PLC (Ireland)
• Karamba Security (Israel)
• SafeRide Technologies (Israel)
• Arilou Technologies (Israel)
• GuardKnox Cyber Technologies Ltd. (Israel)
• Upstream Security Ltd. (Israel)
• Green Hills Software
Segmentation
By Component
• Hardware
o Hardware Security Modules (HSMs)
o Secure Vehicle Network Gateways
o Trusted Platform Modules (TPM)
o Others
• Software
o Embedded Firewalls
o Encryption & Cryptography
o Biometrics & Authentication
o Others
• Services
o Professional Services
o Security Consulting & Risk Assessment
o Integration & Deployment
o Support & Maintenance
o Managed Security Services
By Application
• Telematics
• Infotainment Systems
• Powertrain Systems
• ADAS & Safety Systems
• Body Control Systems
• Others
By Form
• In-Vehicle Services
• External Cloud Services
By Vehicle Type
• Passenger Vehicle
• Commercial Vehicle
By Vehicle Propulsion
• ICE
• Electric
• Hybrid
What To Expect from Industry Profile
1. Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the Automotive Cybersecurity market in the world.
2. Use the PORTER’s Five Forces analysis to determine the competitive intensity and therefore market attractiveness of the Global Automotive Cybersecurity market.
3. Leading company profiles reveal details of key Automotive Cybersecurity market players’ global operations, strategies, financial performance & their recent developments.
4. Add weight to presentations and pitches by understanding the future growth prospects of the Global Automotive Cybersecurity market with forecast for decade by both market share (%) & revenue (USD Million).
Recent Development
• Due to the September 2022 release of Argus Cyber Security Ltd. as well as Elektrobit's EB zoneo SwithCore Guard pre-integrated solution, the next gen of automobiles will have strong network control systems.
• commencing in November 2021, Ford Motor Company and NXP Semiconductors will work together to provide improved driving ease as well as services such as over-the-air updates throughout its entire fleet of autos, including the Ford F-150 pickup truck, Mustang Mach-E, along Bronco SUVs.
• In July 2021, ETAS Korea collaborated with Suresoft Tech Co., Ltd for providing car suppliers and manufacturers with solutions for cybersecurity evaluation of in-vehicle systems.
Segment Insights
Vehicle-to-internet interaction, a short-range communication, V2I, additionally V2V systems, which account for a market share of roughly 44% of the hardware segment in the car cyber security market, were developed as a result of developments in automotive communication technology. The market for electric and hybrid vehicles will be driven by expanding sales of luxurious cars and greater customer demand regarding connected car services from 2023 to 2032.
Regional Insights
In 2022, Asia Pacific held the biggest market share for automotive cybersecurity. The main drivers of the automotive cybersecurity market in Asia Pacific are rising sales of mid-size and luxury vehicles as well as rising consumer knowledge of both active and passive security features. The high volume of passenger vehicle production, along with the growing adoption of connected vehicles and other cutting-edge technologies, is a major driver boosting market expansion in this area. Moreover, China and India are experiencing a rise in demand for navigation and entertainment offerings.
1 INTRODUCTION
1.1 Study Objectives
1.2 Market Definitions
1.2.1 Inclusions & Exclusions
1.2.2 Region: Inclusions & Exclusions
1.2.3 Study Scope
1.2.3.1 Markets Covered
1.2.3.2 Regional Scope
1.2.3.3 Years Considered
1.2.4 Currency Considered
1.2.5 Limitations
1.2.6 Summary Of Report (Chapter Wise Summary)
2 RESEARCH METHODOLOGY
2.1 Research Data
2.1.1 Secondary & Primary Research
2.1.2 Secondary Data
2.1.2.1 Secondary Sources
2.1.3 Primary Data
2.1.3.1 Primary Sources
2.2 Market Breakdown & Data Triangulation
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Research Assumptions & Limitations
2.4.1 Assumptions
2.4.2 Limitations
3 EXECUTIVE SUMMARY
4 ACROSS THE GLOBE
4.1 Upcoming Attractive Market Opportunities
4.2 Country Wise Market Growth
4.3 Segment Wise Market Growth
5 MARKET OVERVIEW
5.1 Market Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.2 Restraints
5.2.3 Opportunities
5.2.4 Challenges
5.3 PORTOR’S Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
5.4 Market Premium insights (Enterprise license)
5.4.1 Case Study Analysis
5.4.2 Country Wise Import & Export Data (If
Applicable)
5.4.3 Regulatory Bodies & Authorization
Across the Globe
5.4.4 Key Conferences & Events: 2022 &
2023
5.4.5 Top Patents for The Market: 2022
6 AUTOMOTIVE CYBERSECURITY MARKET
OVERVIEW, BY COMPONENT
6.1 Global Market Revenue & Share Analysis, By Component
6.1.1 Hardware
6.1.2 Software
6.1.3 Service
6.2 Global Market Revenue & Share Analysis, 2018 – 2022
6.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
6.4 Key Takeaways
7 AUTOMOTIVE CYBERSECURITY MARKET
OVERVIEW, BY APPLICATION
7.1 Global Market Revenue & Share Analysis, By Application
7.1.1 Telematics
7.1.2 Infotainment Systems
7.1.3 Powertrain Systems
7.1.4 ADAS & Safety Systems
7.1.5 Body Control Systems
7.1.6 Others
7.2 Global Market Revenue & Share Analysis, 2018 – 2022
7.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
7.4 Key Takeaways
8 AUTOMOTIVE CYBERSECURITY MARKET
OVERVIEW, BY VEHICLE PROPULSION
8.1 Global Market Revenue & Share Analysis, By Vehicle
Propulsion
8.1.1 ICE
8.1.2 Electric
8.1.3 Hybrid
8.2 Global Market Revenue & Share Analysis, 2018 – 2022
8.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
8.4 Key Takeaways
9 AUTOMOTIVE CYBERSECURITY MARKET
OVERVIEW, BY VEHICLE TYPE
9.1 Global Market Revenue & Share Analysis, By Vehicle Type
9.1.1 Passenger Vehicle
9.1.2 Commercial Vehicle
9.2 Global Market Revenue & Share Analysis, 2018 – 2022
9.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
9.4 Key Takeaways
10 AUTOMOTIVE CYBERSECURITY MARKET
OVERVIEW, BY FORM
10.1 Global Market Revenue & Share Analysis, By Form
10.1.1 In-Vehicle Services
10.1.2 External Cloud Services
10.2 Global Market Revenue & Share Analysis, 2018 – 2022
10.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
10.4 Key Takeaways
11 AUTOMOTIVE CYBERSECURITY MARKET
OVERVIEW, BY REGION
11.1 Global Market Revenue & Share Analysis, By Region
11.1.1 North America
11.1.2 Europe
11.1.3 Asia Pacific
11.1.4 Middle East & Africa
11.1.5 South America
11.2 Global Market Revenue & Share Analysis, 2018 – 2022
11.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
11.4 Key Takeaways
12 NORTH AMERICA MARKET ANALYSIS
12.1 North America Market Revenue & Share Analysis, By
Component
12.2 North America Market Revenue & Share Analysis, By
Application
12.3 North America Market Revenue & Share Analysis, By Vehicle
Propulsion
12.4 North America Market Revenue & Share Analysis, By Vehicle
Type
12.5 North America Market Revenue & Share Analysis, By Form
12.6 North America Market Revenue & Share Analysis, By Country
12.6.1 US
12.6.2 Canada
12.6.3 Mexico
12.7 Key Takeaways
13 EUROPE MARKET ANALYSIS
13.1 Europe Market Revenue & Share Analysis, By Component
13.2 Europe Market Revenue & Share Analysis, By Application
13.3 Europe Market Revenue & Share Analysis, By Vehicle
Propulsion
13.4 Europe Market Revenue & Share Analysis, By Vehicle Type
13.5 Europe Market Revenue & Share Analysis, By Form
13.6 Europe Market Revenue & Share Analysis, By Country
13.6.1 UK
13.6.2 Italy
13.6.3 Spain
13.6.4 Germany
13.6.5 France
13.6.6 Rest of Europe
13.7 Key Takeaways
14 ASIA PACIFIC MARKET ANALYSIS
14.1 APAC Market Revenue & Share Analysis, By Component
14.2 APAC Market Revenue & Share Analysis, By Application
14.3 APAC Market Revenue & Share Analysis, By Vehicle
Propulsion
14.4 APAC Market Revenue & Share Analysis, By Vehicle Type
14.5 APAC Market Revenue & Share Analysis, By Form
14.6 APAC Market Revenue & Share Analysis, By Country
14.6.1 China
14.6.2 Japan
14.6.3 India
14.6.4 South Korea
14.6.5 Rest of APAC
14.7 Key Takeaways
15 MIDDLE EAST & AFRICA MARKET
ANALYSIS
15.1 MEA Market Revenue & Share Analysis, By Component
15.2 MEA Market Revenue & Share Analysis, By Application
15.3 MEA Market Revenue & Share Analysis, By Vehicle Propulsion
15.4 MEA Market Revenue & Share Analysis, By Vehicle Type
15.5 MEA Market Revenue & Share Analysis, By Form
15.6 MEA Market Revenue & Share Analysis, By Country
15.6.1 GCC
15.6.2 South Africa
15.6.3 Rest of MEA
15.7 Key Takeaways
16 SOUTH AMERICA MARKET ANALYSIS
16.1 SA Market Revenue & Share Analysis, By Component
16.2 SA Market Revenue & Share Analysis, By Application
16.3 SA Market Revenue & Share Analysis, By Vehicle Propulsion
16.4 SA Market Revenue & Share Analysis, By Vehicle Type
16.5 SA Market Revenue & Share Analysis, By Form
16.6 SA Market Revenue & Share Analysis, By Country
16.6.1 Brazil
16.6.2 Argentina
16.6.3 Rest of SA
16.7 Key Takeaways
17 COMPETITIVE SCENARIO
17.1 Overview
17.2 Key Players Market Share Analysis
17.3 Recent Developments & Product Launches
17.4 Mergers & Acquisitions
17.5 Partnerships, Agreements & Collaborations
18 COMPANY PROFILES
18.1 Overview
18.2 Key players
18.2.1 Continental AG (Germany)
18.2.1.1 Business Overview
18.2.1.2 Products Offered
18.2.1.3 Financial Insights
18.2.1.4 Strategic Developments
18.2.1.4.1 New Product Launches
18.2.1.4.2 Agreements & Collaborations
18.2.1.5 Business Aspects (NOISE Analysis)
18.2.1.5.1 Key Strengths
18.2.1.5.2 Opportunities
18.2.1.5.3 Weaknesses & Competitive Threats
18.2.1.5.4 Needs & Improvements
18.2.2 Robert Bosch GmbH (Germany)
18.2.3 Harman International (US).
18.2.4 DENSO Corporation (Japan)
18.2.5 Aptiv PLC (Ireland)
18.2.6 Karamba Security (Israel).
18.2.7 SafeRide Technologies (Israel)
18.2.8 Arilou Technologies (Israel)
18.2.9 GuardKnox Cyber Technologies Ltd. (Israel)
18.2.10 Upstream Security Ltd. (Israel)
19 DISCLAIMER
20 APPENDIX
