Global Automotive Cyber Security Market Size & Outlook
Global automotive cyber security market, 2018-2030 (US$M)
Related Markets
Global automotive cyber security market highlights
- The global automotive cyber security market generated a revenue of USD 3,769.9 million in 2023 and is expected to reach USD 14,258.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 20.9% by 2030.
- In terms of segment, wireless network security accounted for a revenue of USD 1,592.3 million in 2023.
- Application Security is the most lucrative security segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 3,769.9 million |
| Market revenue in 2030 | USD 14,258.5 million |
| Growth rate | 20.9% (CAGR from 2023 to 2030) |
| Largest segment | Wireless network security |
| Fastest growing segment | Application Security |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Endpoint Security, Application Security, Wireless Network Security |
Other key industry trends
- In terms of revenue, the North America accounted for 32.3% of the global automotive cyber security market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, UK is the fastest growing regional market and is projected to reach USD 723.7 million by 2030.
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Automotive Cyber Security Market Scope
Automotive Cyber Security Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global automotive cyber security market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive cyber security market will help companies and investors design strategic landscapes.
Wireless network security was the largest segment with a revenue share of 42.24% in 2023. Horizon Databook has segmented the Global automotive cyber security market based on endpoint security, application security, wireless network security covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Automotive Cyber Security Security Outlook (Revenue, USD Million, 2018-2030)
- Endpoint Security
- Application Security
- Wireless Network Security
- Global Automotive Cyber Security Vehicle Type Outlook (Revenue, USD Million, 2018-2030)
- Passenger Car
- Commercial Vehicle
- Electric Vehicle
- Global Automotive Cyber Security Application Outlook (Revenue, USD Million, 2018-2030)
- ADAS & Safety System
- Infotainment(Communication & Navigation, Entertainment)
- Body Electronics
- Powertrain
- Telematics
- Global Automotive Cyber Security Service Outlook (Revenue, USD Million, 2018-2030)
- In-vehicle Services
- External Cloud Services
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Target buyers of Global automotive cyber security market databook
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Our clientele includes a mix of automotive cyber security market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global automotive cyber security market , including forecasts for subscribers. This global databook contains high-level insights into Global automotive cyber security market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global automotive cyber security market size, by regions, 2018-2030 (US$M)
Top 10 countries: Automotive cyber security market size, 2023 (US$M)
Global automotive cyber security market share, by security, 2023 & 2030 (%, US$M)
Automotive cyber security market: Opportunity assessment by country
Global automotive cyber security market, by region, 2023 (US$M)
| Security | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 468.9 | 565.4 | 683.0 | 826.1 | 1,000.5 | 1,217.6 | 1,484.1 | 1,818.5 | 2,217.6 | 2,674.2 | 3,206.7 | 3,824.3 | 4,531.2 | 20.7% |
| Europe | 379.9 | 458.8 | 554.9 | 672.1 | 815.1 | 993.4 | 1,212.4 | 1,487.6 | 1,816.6 | 2,193.6 | 2,634.0 | 3,145.7 | 3,732.3 | 20.8% |
| Asia Pacific | 518.1 | 629.3 | 765.5 | 932.5 | 1,137.2 | 1,393.5 | 1,710.2 | 2,109.8 | 2,590.3 | 3,144.9 | 3,796.6 | 4,558.5 | 5,437.5 | 21.5% |
| Latin America | 46.2 | 54.9 | 65.3 | 77.8 | 92.8 | 111.3 | 133.6 | 161.2 | 193.6 | 229.9 | 271.3 | 318.4 | 371.1 | 18.8% |
| MEA | 22.0 | 26.2 | 31.3 | 37.5 | 44.9 | 54.1 | 65.3 | 79.2 | 95.5 | 113.9 | 135.1 | 159.3 | 186.5 | 19.3% |
| Overall | 1,435.0 | 1,734.5 | 2,099.9 | 2,546.0 | 3,090.6 | 3,769.9 | 4,605.7 | 5,656.2 | 6,913.6 | 8,356.5 | 10,043.7 | 12,006.2 | 14,258.5 | 20.9% |
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