Global Automotive Cybersecurity

Global Automotive Cybersecurity Market Research Report Forecast 2022-2027

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 (Pas Read more

  • Automotive
  • Mar 2022
  • 243
  • AT33001

Market Definition

The National Highway Traffic Safety Administration (NHTSA) defines Cybersecurity, within the context of road vehicles, as the protection of automotive electronic systems, communication networks, control algorithms, software, users, and underlying data from malicious attacks, damage, unauthorized access, or manipulation. According to the Alliance of Automobile Manufacturers, there are seven critical areas in cybersecurity for connected vehicles:

  • Security by Design
  • Risk Assessment and Management
  • Threat detection and protection
  • Incident response
  • Collaboration and Engagement with Third Parties
  • Governance
  • Awareness and Training

Market Insights

The Global Automotive Cyber Security Market is projected to grow at a CAGR of around 14.8% during the forecast period, i.e., 2022-27. The new cybersecurity compliance, including UNECE WEP.29, Auto Data (China), ISO/SAE 21434, etc., issued by various countries like the US, Europe, & China, has surged the demand for automotive cybersecurity solutions from various OEMs, such as BMW, GM, Ford, Kia, Mahindra, among others.

The rapid escalation in the adoption of technologies like autonomous driving technology, keyless entry, wireless connectivity, etc., coupled with the burgeoning electrification of existing transportation fleets with the deployment of ADAS features, have heightened the demand for automotive security solutions.

Report Coverage Details
Study Period Historical Data: 2017-20
Base Year: 2021
Forecast Period: 2022-27
CAGR 14.8%
Regions Covered North America: The US, Canada, Mexico
South America: Brazil, Argentina, Rest of South America
Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
Asia-Pacific: China. Japan. India. South Korea. Rest of Asia Pacific
Middle East & Africa: Israel, Turkey, South Africa, Rest of Middle East & Africa
Key Companies Profiled 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
Unit Denominations USD Million/Billion

 

In addition, the surging demand for connected vehicles & semi-autonomous vehicles and massive investments by automakers in cybersecurity solutions to enhance customer experiences have further boosted the global market to a greater extent.

  • In 2021, BMW i Ventures invested USD 62 million in Upstream Security to further drive the development of automotive cybersecurity. The two companies claim to harness data analytics and promote connected vehicle cybersecurity and the creation of new cybersecurity tech.
  • In 2020, UL (part of UL LLC) introduced new automotive cybersecurity safety services in Japan.

Moreover, the application of Artificial Intelligence (AI) & 5G to support automated driving systems is growing at a faster pace. Auto OEMs are actively focusing on providing enhanced customer experience by adopting these next-generation solutions and leveraging preventive & predictive maintenance to improve the overall product quality. However, the risk of cyber intrusion increases considerably, and the need for sophisticated automotive cyber security solutions is growing manifold.

  • In 2021, LG acquired an Israeli-based automotive cybersecurity risk assessment startup for a USD 140 million exchange to enhance its cybersecurity capabilities.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Market Segmentation
    4. Assumptions
  2. Executive Summary
  3. Global Automotive Cybersecurity Market Start-up Ecosystem, 2017-2022
    1. Entrepreneurial Activity
    2. Year on Year Funding Received
    3. Funding Received by Top Companies
    4. Key Investors Active in the Market
    5. Series Wise Funding Received
      1. Seed Funding
      2. Angel Investing
      3. Venture Capitalists (VC) Funding
      4. Others
  4. Impact of COVID-19 on Global Automotive Cybersecurity Market
  5. Global Automotive Cybersecurity Market Trends & Insights
  6. Global Automotive Cybersecurity Market Dynamics
    1. Drivers
    2. Challenges
  7. Global Automotive Cybersecurity Market Regulations & Policies
  8. Global Automotive Cybersecurity Market Hotspots & Opportunities
  9. Global Automotive Cybersecurity Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Application
        1. Body Control and Comfort
        2. ADAS and Safety Systems
        3. Telematics System
        4. Infotainment System
        5. Other (On-board Diagnostics, Operational Data, Powertrain System, etc.)
      2. By Vehicle Type
        1. Passenger Vehicles
        2. Light Commercial Vehicle (LCV)
        3. Medium & Heavy Commercial Vehicles (M&HCV)
      3. By Vehicle Autonomy
        1. Non-Autonomous Vehicles
        2. Semi-Autonomous Vehicles
        3. Autonomous (driverless) Vehicles
      4. By Deployment Type
        1. Embedded
        2. Integrated (Cloud Based)
      5. By Security
        1. Application Security
        2. Wireless Network Security
        3. Endpoint Security
        4. Others (Network Security, etc.)
      6. By Region
        1. North America
        2. South America
        3. Europe
        4. Middle East & Africa
        5. Asia Pacific
      7. By Company
        1. Competition Characteristics
        2. Market Share of Leading Companies, By Revenues
  10. North America Automotive Cybersecurity Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Application
      2. By Vehicle Type
      3. By Vehicle Autonomy
      4. By Deployment Type
      5. By Security
      6. By Country
        1. The US
        2. Canada
        3. Mexico
    3. The US Automotive Cybersecurity Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
        2. By Vehicle Type
    4. Canada Automotive Cybersecurity Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
        2. By Vehicle Type
    5. Mexico Automotive Cybersecurity Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
        2. By Vehicle Type
  11. South America Automotive Cybersecurity Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Application
      2. By Vehicle Type
      3. By Vehicle Autonomy
      4. By Deployment Type
      5. By Security
      6. By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
    3. Brazil Automotive Cybersecurity Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
        2. By Vehicle Type
    4. Argentina Automotive Cybersecurity Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
        2. By Vehicle Type
  12. Europe Automotive Cybersecurity Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Application
      2. By Vehicle Type
      3. By Vehicle Autonomy
      4. By Deployment Type
      5. By Security
      6. By Country
        1. Germany
        2. The UK
        3. France
        4. Spain
        5. Italy
        6. Rest of Europe
    3. Germany Automotive Cybersecurity Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
        2. By Vehicle Type
    4. The UK Automotive Cybersecurity Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
        2. By Vehicle Type
    5. France Automotive Cybersecurity Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
        2. By Vehicle Type
    6. Spain Automotive Cybersecurity Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
        2. By Vehicle Type
    7. Italy Automotive Cybersecurity Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
        2. By Vehicle Type
  13. Middle East & Africa Automotive Cybersecurity Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Application
      2. By Vehicle Type
      3. By Vehicle Autonomy
      4. By Deployment Type
      5. By Security
      6. By Country
        1. Israel
        2. Turkey
        3. South Africa
        4. Rest of Middle East & Africa
    3. Israel Automotive Cybersecurity Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
        2. By Vehicle Type
    4. Turkey Automotive Cybersecurity Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
        2. By Vehicle Type
    5. South Africa Automotive Cybersecurity Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
        2. By Vehicle Type
  14. Asia Pacific Automotive Cybersecurity Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Application
      2. By Vehicle Type
      3. By Vehicle Autonomy
      4. By Deployment Type
      5. By Security
      6. By Country
        1. China
        2. Japan
        3. India
        4. South Korea
        5. Rest of Asia Pacific        
    3. China Automotive Cybersecurity Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
        2. By Vehicle Type
    4. Japan Automotive Cybersecurity Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
        2. By Vehicle Type
    5. India Automotive Cybersecurity Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
        2. By Vehicle Type
    6. South Korea Automotive Cybersecurity Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
        2. By Vehicle Type
  15. Global Automotive Cybersecurity Market Key Strategic Imperatives for Growth & Success
  16. Competition Outlook
    1. Competition Matrix
      1. Brand Specialization
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
    2. Company Profiles
      1. Infineon Technologies AG
      2. Continental AG (Argus Cyber Security)
      3. Robert Bosh GmbH (ESCRYPT GmbH)
      4. Garrett Motion Inc.
      5. Intel Corporation,
      6. Aptiv Plc.
      7. C2A Security
      8. Garrett Motion
      9. Harman International Industries, Inc.
      10. Denso Corporation
      11. Lear Corporation
      12. SBD Automotive & NCC Group
      13. Arilou Technologies
      14. Karamba Security
      15. Vector Informatik GmbH
  17. Disclaimer
Automotive Cybersecurity Market segmentation
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