MarkNtel Advisors Releases Comprehensive Study on the Automotive Cybersecurity Market, Forecasting Strong Growth from 2024 to 2030
MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled “Automotive Cybersecurity Market Analysis, 2024–2030.”
This report provides a detailed assessment of the Automotive Cybersecurity Market, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.
Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.
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Automotive Cybersecurity Market Timeline Overview
-Historical Years: 2019-22
-Base Years: 2023
-Forecast year - 2024-2030
This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.
Automotive Cybersecurity Market Outlook
According to the report, The Global Automotive Cybersecurity Market size was valued at USD 3.4 billion in 2023 and is projected to reach USD 12.24 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 19.5% during the forecast period, i.e., 2024-30.
The report also examines consumer preferences, regulatory impacts, and investment trends that will shape the market’s trajectory over the next decade.
Automotive Cybersecurity Market Drivers:
Ride-sharing Companies Expanding Worldwide – With the increasing populace, which is becoming more urbanized, the workforce is also growing. Hence, in the past few years, the usage of ride-sharing has been amplified. Therefore, ride-sharing companies have been receiving government support in various countries, to fulfill the growing demand for their services worldwide.
Automotive Cybersecurity Market Trends:
Improving Adoption of Autonomous Vehicles Worldwide – Recently, the adoption across the globe regarding autonomous vehicles, especially in North American & European countries, has emerged as a market trend. This has been mainly driven by the introduction of Advanced Driver-Assistance Systems (ADAS), which has been further smoothening the experience of autonomous driving for consumers. Hence, as the adoption of autonomous vehicles amplified the demand for cybersecurity solutions in these vehicles increased. Further, as autonomous vehicles are installed with technologies like IoT, sensors, GPS, Lasers, adaptive cruise control software, etc., the need for protection of generated data amplifies, as all the software solutions generate their specific data.
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Automotive Cybersecurity Market Segmentation
The study categorizes the Automotive Cybersecurity Market into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.
By Offering
- Hardware
- Software
By Vehicle Type
- Passenger Vehicles
- Light Commercial Vehicle (LCV)
- Medium & Heavy Commercial Vehicles (MHCV)
By Propulsion
- ICE Vehicles
- Electric Vehicles
By Vehicle Autonomy
- Non-autonomous Vehicles
- Semi-autonomous Vehicles
- Autonomous (Driverless) Vehicles
By Deployment Type
- Embedded
- Integrated (Cloud-based)
By Application
- Body Control & Comfort
- ADAS & Safety Systems
- Telematics System
- Infotainment System
- Powertrain System
- Other (On-board Diagnostics, Operational Data, etc.)
By Security
- Application Security
- Wireless Network Security
- Endpoint Security
- Others (Network Security, Cloud Security, etc.)
Geographical Analysis
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
The report presents detailed insights into the Automotive Cybersecurity Market’s geographical expansion, highlighting key trends and opportunities across the following geographies:
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Leading Companies in Automotive Cybersecurity Market Worldwide: Players, Analysis & Future Outlook
Infineon Technologies AG, Continental AG (Argus Cyber Security), Robert Bosch GmbH (ESCRYPT GmbH), Garrett Motion Inc., Intel Corporation, Aptiv Plc., C2A Security, Harman International Industries, Inc., Denso Corporation, Honeywell International Inc., SBD Automotive, NNG Software Developing and Commercial Llc, Karamba Security, Vector Informatik GmbH, and others, are the top companies in the Automotive Cybersecurity Market.
Key Highlights of the Report
- Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024 to 2030.
- Growth Drivers & Challenges: Clear insights into factors fueling or restraining market expansion.
- Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
- Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.
Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences
Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/automotive-cybersecurity-market.html
Frequently Asked Questions (FAQ)
- What is the projected growth rate of the Automotive Cybersecurity Market?
2. What are the major factors driving this market’s growth?
3. Which regions are expected to lead the Automotive Cybersecurity Market?
4. Who are the prominent players in the Automotive Cybersecurity Market?
5. How is the competition structured in this market?
6. How can I access the full report?
About us:
MarkNtel Advisors is a leading research and consulting organization offering data-driven insights across the environmental sector, including environmental services, waste management, and water treatment solutions. Our studies evaluate technological advancements, regulatory frameworks, and infrastructure innovations shaping the sustainability agenda. Through Competitive Intelligence, we support clients in benchmarking performance, identifying eco-efficient opportunities, and achieving operational excellence aligned with global environmental standards and climate objectives.
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