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Automotive Cybersecurity Market (2025-2032)

The Automotive Cybersecurity Market is projected to reach $13.9 billion by 2032, at a CAGR of 19.9% from 2025 to 2032.

Published
Jan 2025
Pages
230
Format
PDF + Excel
Report ID
MRICT - 104796
Base year
2024
Market size · USD billion · 2024–2032Forecast 2025–2032 · 19.9% CAGR
2032 · FORECAST
$13.90B
2032
$13.90B
CAGR 2025–2032
19.9%
$20B$15B$10B$5B0
2024
2025
'26
'27
'28
'29
'30
'31
'32

2024 baseline · 2025–2032 forecast at 19.9% CAGR · hover a bar for the value

Key highlights

01

The Automotive Cybersecurity Market is projected to reach $13.9 billion by 2032, at a CAGR of 19.9% from 2025 to 2032.

02

Software Segment is Expected to Account Largest Share of the Market

03

The network security segment is projected to register the highest CAGR during the forecast period.

04

The external cloud services segment is projected to register the highest CAGR during the forecast period.

05

In 2025, Asia-Pacific is expected to account for the largest share of the automotive cybersecurity market, followed by North America, Europe, Latin America, and the Middle East & Africa.

Report summary

ParticularsDetails
Base Year2024
Estimated Year2025
Forecast Period2025–2032
Market Size (2032)USD 13.90 billion
CAGR (2025–2032)19.9%
FormatPDF, Excel & Cloud Portal · 230 pages
Segments CoveredBy Security Type: Network Security, Application Security, Endpoint Security · By Deployment Mode: In-vehicle, External Cloud Services · By Application: ADAS & safety, Body Control & Comfort, Infotainment, Telematics, Powertrain Systems, Communication Systems, Other Applications · By Offering: Hardware, Software, Services
Countries CoveredNorth America (Canada), Europe (Germany, U.K., France, Italy, Spain, Rest of Europe), Asia-Pacific (Japan, China, India, South Korea, Rest of Asia-Pacific), Latin America (Brazil)
Key CompaniesNXP Semiconductors N.V., UL LLC, Renesas Electronics Corporation, STMicroelectronics N.V., Garrett Motion Inc., Argus Cyber Security Ltd, Vector Informatik GmbH, Karamba Security Ltd., Synopsys, Inc., DENSO Corporation, Guardknox Cyber-Technologies Ltd., Infineon Technologies AG

Report overview

Scope note

Segments covered: security type, deployment mode, application, offering. Regions: North America, Europe, Asia-Pacific, Latin America.

The growth of this market is driven by the growing number of connected cars, the growing adoption of telematics and cellular network in the automotive sector, rising incidents of cyberattacks and data breaches, and increasing government mandates for vehicle data protection. However, the high cost of automotive cybersecurity solutions restrains the growth of the automotive cybersecurity market.

Furthermore, the growing cloud-based applications in the automotive industry and the emergence of electric vehicle wireless battery management systems are expected to offer significant growth opportunities for the market’s growth. However, misconceptions and lack of knowledge regarding automotive cybersecurity solutions and the growing complexity of vehicle electronics systems are major challenges for the players operating in this market.

Report infographic

Automotive Cybersecurity Market
Automotive Cybersecurity Market · Report infographic

Market dynamics

2 factors across 1 force
01

In October 2021,

Fujitsu Limited (Japan) collaborated with Trend Micro (Japan) to strengthen connected car security measures.

02

In February 2021,

eSOL Co., Ltd. (Japan) and Karamba Security Ltd. (Israel) combined eSOL’s eMCOS and Karamba’s XGuard solutions to offer advanced cyber-protection for connected cars.

Table of contents

12 chapters · 109 sections · 230 pages · click to expand
Review the full research scope before you buy. Chapters can also be purchased individually.

1.1Market Definition
1.2Global Automotive Cybersecurity Market Ecosystem
1.3Currency & Limitation
1.3.1Currency
1.3.2Limitations
1.4Key Stakeholders

Segmental analysis

SegmentLargest share (2025)Fastest growth (2025–2032)
By OfferingSoftwareSoftware
By Security Type—Network security
By Deployment Mode—External cloud services
01

By Offering

  • Software Segment is Expected to Account Largest Share of the Market
  • The software segment is expected to account for the largest share of the automotive cybersecurity market.
  • The large market share of this segment is attributed to the increase in cyber-attacks, increasing focus on software-centric security capabilities, and the rising vulnerabilities on IoT devices.
  • In addition, the benefits offered by cybersecurity, such as high performance, reliability, comprehensive vulnerability coverage, efficiency, and security of real-time applications, further augment the growth of this segment.
  • Several providers are investing in R&D to improve the software and make them more affordable for small and medium-scale enterprises.
  • The software segment is also projected to register the highest CAGR during the forecast period.
CoversHardwareSoftwareServices
02

By Security Type

  • The network security segment is projected to register the highest CAGR during the forecast period.
  • The growth of this segment is attributed to the rising need to ensure network security via restricted device management in-vehicle terminals, the increasing need to protect connected network infrastructure, the increase in data and security breaches, and the growing demand for filtering and monitoring network traffic.
CoversNetwork SecurityApplication SecurityEndpoint Security
03

By Deployment Mode

  • The external cloud services segment is projected to register the highest CAGR during the forecast period.
  • The growing adoption of connected cars, the rise in data breaches and security concerns, and the growing number of cloud-connected devices are expected to support this segment's growth.
CoversIn-vehicleExternal Cloud Services

Geographic analysis

01

Asia-Pacific

Largest share
Japan, China, India, South Korea, Rest of Asia-Pacific

In 2025, Asia-Pacific is expected to account for the largest share of the automotive cybersecurity market, followed by North America, Europe, Latin America, and the Middle East & Africa. Furthermore, Asia-Pacific is slated to register the fastest growth rate during the forecast period. The growth of this regional market is attributed to the increasing cybersecurity guidelines for vehicles in Asian countries, increasing demand for infotainment and navigation services, growing cybercrimes, and rising demand for connected features in passenger cars, particularly in China, Japan, South Korea, and India.

Competitive landscape

Companies profiled (12)
  • NXP Semiconductors N.V.
  • UL LLC
  • Renesas Electronics Corporation
  • STMicroelectronics N.V.
  • Garrett Motion Inc.
  • Argus Cyber Security Ltd
  • Vector Informatik GmbH
  • Karamba Security Ltd.
  • Synopsys, Inc.
  • DENSO Corporation
  • Guardknox Cyber-Technologies Ltd.
  • Infineon Technologies AG

Frequently asked questions

The Automotive Cybersecurity Market focuses on protecting vehicles and connected automotive systems from cyber threats. This market encompasses software, hardware, and services aimed at securing connected vehicles against breaches and attacks.

Cite this report

Meticulous Research. (2025). Automotive Cybersecurity Market - Global Opportunity Analysis and Industry Forecast (2025-2032) (Report No. MRICT - 104796). Meticulous Market Research Pvt. Ltd. https://www.meticulousresearch.com/product/automotive-cybersecurity-market-5480

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