Germany Automotive Cyber Security Market Size & Outlook
Germany automotive cyber security market, 2018-2030 (US$M)
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Germany automotive cyber security market highlights
- The Germany automotive cyber security market generated a revenue of USD 185.5 million in 2023 and is expected to reach USD 737.0 million by 2030.
- The Germany market is expected to grow at a CAGR of 21.8% 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.
Automotive cyber security market data book summary
| Market revenue in 2023 | USD 185.5 million |
| Market revenue in 2030 | USD 737.0 million |
| Growth rate | 21.8% (CAGR from 2023 to 2030) |
| Largest segment | Wireless network security |
| Fastest growing segment | Application Security |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Germany accounted for 4.9% of the global automotive cyber security market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, France automotive cyber security market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 107.3 million by 2030.
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Automotive Cyber Security Market Scope
Automotive Cyber Security Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 45.28% in 2023. Horizon Databook has segmented the Germany 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.
In September 2022, the Federal Office for Information Security (BSI) of Germany released the second edition of an industry-specific report on automotive cyber security, both in terms of manufacturing and the vehicles themselves. The study focuses on cyber risks and threats, automation, digitization, and artificial intelligence, as well as standards and regulations in the automotive industry.
In September 2021, Vector Informatik GmbH announced a partnership with Rohde & Schwarz, an electronics company, to work on closed-loop scenario testing automotive radar sensors for autonomous driving and ADAS.
The combination of Vector's DYNA4 virtual driving simulation platform and the newest Rohde & Schwarz radar motion stimulation system allows for robust testing of safety sensitive ADAS functions. These include emergency braking in a connected Hardware-in-the-Loop (HiL) system. Such initiatives are accelerating the market growth in the country.
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Target buyers of Germany 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 country-level data and insights on the Germany automotive cyber security market , including forecasts for subscribers. This country databook contains high-level insights into Germany automotive cyber security market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany automotive cyber security market size, by security, 2018-2030 (US$M)
Germany Automotive Cyber Security Market Outlook Share, 2023 & 2030 (US$M)
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