Market Overview: Global Automotive Cybersecurity Market
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Automotive Cybersecurity Market Insights 2022-27
The Global Automotive Cybersecurity Market is projected to grow at a CAGR of around 14.8% during the forecast period, i.e., 2022-27.
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Top Players in the Automotive Cybersecurity Market:
- Infineon Technologies AG
- Continental AG (Argus Cyber Security)
- Robert Bosh GmbH (ESCRYPT GmbH)
- Garrett Motion Inc.
- Intel Corporation,
- Aptiv Plc.
- C2A Security
- Garrett Motion
- Harman International Industries, Inc.
- Denso Corporation
- Lear Corporation
- SBD Automotive & NCC Group
- Arilou Technologies
- Karamba Security
- Vector Informatik GmbH
Segmentation Analysis of Automotive Cybersecurity Market
Automotive Cybersecurity Market exactly assesses and highlights significant trends and influencing factors within each segment. The comprehensive analysis extends its predictions for the period spanning 2022-27, focusing on the national landscape. The market is exactly categorized based on this analysis, providing valuable insights into its various facets.
-By Deployment
- Embedded
- Integrated (Cloud-Based)
Of both, the Embedded deployment of automotive cybersecurity solutions is in more demand than Cloud-based for protecting Electronic Control Units (ECUs) connected using wired or wireless connections in the connected cars. The Embedded deployment acquired a notable share in the Global Automotive Cybersecurity Market during 2017-19. The hardware component runs on Trusted Platform Module, i.e., used for secure key authentication, encryption, & decryption. Since it acts as the gateway, it requires a strong cybersecurity barrier to prevent any intrusion.
On the other hand, the demand for Integrated (Cloud-Based) automotive cybersecurity solutions is anticipated to grow incrementally over the forecast years since it provides real-time data regarding any potential theft or threat to users.
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-By Application
- Body Control and Comfort
- ADAS and Safety Systems
- Telematics System
- Infotainment System
- Other (On-board Diagnostics, Operational Data, Powertrain System, etc.)
-By Vehicle Type
- Passenger Vehicles
- Light Commercial Vehicle (LCV)
- Medium & Heavy Commercial Vehicles (M&HCV)
-By Vehicle Autonomy
- Non-Autonomous Vehicles
- Semi-Autonomous Vehicles
- Autonomous (driverless) Vehicles
-By Security
- Application Security
- Wireless Network Security
- Endpoint Security
- Others (Network Security, etc.)
A Comprehensive Geographical Analysis:
-By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia Pacific
North America observed a significant need for automotive cybersecurity solutions during 2017-21, prominently due to the increasing demand for self-driving vehicles & connected transportation, coupled with massive automotive production in countries like the US, Canada, etc., as well as mounting inclination towards electric vehicles. Hence, owing to the increased demand for automotive cyber security solutions, companies like LG Electronics, Honeywell, Upstream Security Ltd., etc., are establishing joint ventures to bring innovative automotive cybersecurity solutions across North American countries. In the region, the US witnessed substantial sales of electric vehicles during 2017-20, which, in turn, has accelerated the demand for automotive cybersecurity systems & solutions in the country.
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