- In February 2023, ETAS, a subsidiary of Robert Bosch GmbH, introduced ESCRYPT C_ycurRISK, a software tool designed for threat analysis and risk assessment. This tool helps automotive OEMs and suppliers identify security vulnerabilities during vehicle development, systematically mitigating cyber risks
- In January 2023, HL Mando Corporation partnered with Argus Cyber Security to implement the Argus CAN Intrusion Detection System (IDS) solution in HL Mando's electrification products, such as brakes and steering systems, starting in January 2023
- In October 2022, NTT Communications Corporation, in collaboration with DENSO Corporation, began developing Vehicle Security Operation Center (VSOC1) technology to counter the growing threat of sophisticated cyber-attacks targeting vehicles
- In November 2022, Garrett Motion Inc. launched multi-layered intrusion detection systems (IDS) for both on-and-off-board vehicle security, designed to identify cyber threats and assist OEMs in strengthening vehicle protection
- In November 2021, NXP Semiconductors joined forces with Ford Motor Company to enhance the driver experience, convenience, and services, including the ability to perform over-the-air updates across its global fleet, covering vehicles such as the 2021 Ford F-150 pickup, Mustang Mach-E, and Bronco SUVs
Frequently Asked Questions
The market is segmented based on Segmentation, By Security (Endpoint, Application, and Wireless Network), Form (In-Vehicle and External Cloud Services), Application (ADAS and Safety, Body Control and Comfort, Infotainment, Telematics, Powertrain Systems, and Communication Systems), Vehicle Type (Passenger Vehicles, Light Commercial Vehicles, and Heavy Commercial Vehicles), Offering (Software and Hardware), Electric Vehicle Type (Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV), and Plug-In Hybrid Electric Vehicle (PHEV)) – Industry Trends and Forecast to 2032
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The Global Automotive Cyber Security Market size was valued at USD 3.07 USD Billion in 2024.
The Global Automotive Cyber Security Market is projected to grow at a CAGR of 20.73% during the forecast period of 2025 to 2032.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.