Spain Automotive Cyber Security Market Size & Outlook
Spain automotive cyber security market, 2018-2030 (US$M)
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Spain automotive cyber security market highlights
- The Spain automotive cyber security market generated a revenue of USD 118.0 million in 2023 and is expected to reach USD 469.9 million by 2030.
- The Spain 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 118.0 million |
| Market revenue in 2030 | USD 469.9 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, Spain accounted for 3.1% 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 |
|---|
Spain 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 44.41% in 2023. Horizon Databook has segmented the Spain 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 Spain, several businesses are collaborating to improve data handling and storage abilities in order to reinforce the infrastructure while also assuring strong data security. This is expected to drive market growth in the country.
In September 2022, Innovery, a cybersecurity solutions provider, announced the acquisition of Open3S, a Spanishbased cybersecurity specialist. Innovery emphasized the Spanish company's innovative approach and high technical competence, describing it as capable of transforming organizational data into value.
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Target buyers of Spain 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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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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Horizon Databook provides a detailed overview of country-level data and insights on the Spain automotive cyber security market , including forecasts for subscribers. This country databook contains high-level insights into Spain automotive cyber security market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain automotive cyber security market size, by security, 2018-2030 (US$M)
Spain Automotive Cyber Security Market Outlook Share, 2023 & 2030 (US$M)
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