Mexico Automotive Cyber Security Market Size & Outlook
Mexico automotive cyber security market, 2018-2030 (US$M)
Related Markets
Mexico automotive cyber security market highlights
- The Mexico automotive cyber security market generated a revenue of USD 363.3 million in 2023 and is expected to reach USD 1,374.5 million by 2030.
- The Mexico market is expected to grow at a CAGR of 20.9% 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 363.3 million |
| Market revenue in 2030 | USD 1,374.5 million |
| Growth rate | 20.9% (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, Mexico accounted for 9.6% 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 North America, U.S. automotive cyber security market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 931.2 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Automotive Cyber Security Market Scope
Automotive Cyber Security Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico 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 42.31% in 2023. Horizon Databook has segmented the Mexico 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 August 2022, the U.S. and Mexico initiated the first dialogue with respect to the U.S.-Mexico Bicentennial Framework for Security. Both countries met in August 2022 to advance their cybersecurity collaboration and commitment to an open, interconnected, secure, and reliable internet as well as a stable cyberspace.
According to the International Telecommunications Union (ITU), Mexico places 52 out of 182 nations in terms of cyberattack vulnerability. Furthermore, the entire country has been the victim of several attacks. Crypto jacking is one of the country's businesses' most serious security issues.
Mexico's cybersecurity needs to be more mature due to a lack of investment in cybercrime security. This offers lucrative opportunities for automotive cyber security service providers to grow in the country.
Reasons to subscribe to Mexico automotive cyber security market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Mexico automotive cyber security market databook
-
Our clientele includes a mix of automotive cyber security market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 Mexico automotive cyber security market , including forecasts for subscribers. This country databook contains high-level insights into Mexico automotive cyber security market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico automotive cyber security market size, by security, 2018-2030 (US$M)
Mexico Automotive Cyber Security Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
