Asia Pacific Automotive Cyber Security Market Size & Outlook
Asia Pacific automotive cyber security market, 2018-2030 (US$M)
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Asia Pacific automotive cyber security market highlights
- The Asia Pacific automotive cyber security market generated a revenue of USD 1,393.5 million in 2023.
- The market is expected to grow at a CAGR of 21.5% from 2024 to 2030.
- In terms of segment, wireless network security was the largest revenue generating security in 2023.
- Application Security is the most lucrative security segment registering the fastest growth during the forecast period.
- Country-wise, Thailand is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 1,393.5 million |
| Market revenue in 2030 | USD 5,437.5 million |
| Growth rate | 21.5% (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 |
| Key market players worldwide | Vector Informatik, NXP Semiconductors NV, Harman International, Broadcom Inc, Denso Corp, Honeywell International Inc, SheeldS, GuardKnox |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 37.0% of the global automotive cyber security market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,437.5 million by 2030.
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Automotive Cyber Security Market Scope
Automotive Cyber Security Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific 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 42.25% in 2023. Horizon Databook has segmented the Asia Pacific 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.
The automotive cyber security market growth in the Asia Pacific region can be attributed to the growing in-vehicle services connected to the external cloud, rising vehicle production, expansion of leading automotive component suppliers and OEMs, and changing in-vehicle architecture.
China is the world’s largest manufacturing hub and also has a large consumer base. Chinese automotive cyber security solution providers can leverage such favorable circumstances to take the lead and dominate the country’s automotive cyber security market.
Additionally, the Indian government has initiated several schemes such as the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) to promote electric mobility. These are the key factors that will be responsible for the exponential growth of the country’s automotive cyber security market.
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Target buyers of Asia Pacific 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 continent-level data and insights on the Asia Pacific automotive cyber security market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific automotive cyber security market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific automotive cyber security market size, by country, 2018-2030 (US$M)
Asia Pacific Automotive Cyber Security Market Outlook Share, 2023 & 2030 (US$M)
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