Automotive Cybersecurity Market Size to Grow by USD 1.91 million with 46% of the growth contribution from North America - Exclusive Technavio Reports
NEW YORK, July 14, 2022 /PRNewswire/ -- The "Automotive Cybersecurity Market by Application (passenger vehicles and commercial vehicles) and Geographic (North America, APAC, Europe, South America, and MEA) - Forecast and Analysis 2021-2025" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the automotive cybersecurity market between 2020 and 2025 is USD 1.91 million, as per the latest market analysis report by Technavio. The report predicts the market to witness a CAGR of 16.58% during the forecast period. Technavio categorizes the global automotive cybersecurity market as a part of the global systems software market within the global IT software market. The high-level software integration into vehicle ECUs is one of the key factors influencing market growth. However, the complex vehicle ECUs that can delay the evolution of cybersecurity software will limit the market's growth during the forecast period.
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Key Market Segment Highlights:
The automotive cybersecurity market report is segmented by Application (passenger vehicles and commercial vehicles) and Geographic (North America, APAC, Europe, South America, and MEA).
Revenue-generating Segment Insights: The passenger vehicles application segment held the largest automotive cybersecurity market share in 2020. The segment will continue to account for the highest revenue throughout the forecast period. The growth of this segment can be attributed to the growing adoption of automated passenger cars and vendors' focus on extending their product portfolio.
Regional Opportunities: 46% of the market's growth will originate from North America during the forecast period. The US and Canada are the key markets for the automotive cybersecurity market in North America. Market growth in this region will be faster than the growth of the market in regions. The adoption of automated passenger cars will propel the automotive cybersecurity market growth in North America over the forecast period.
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regional opportunities
Vendor Landscape
- The automotive cybersecurity market is fragmented and the vendors are deploying growth strategies such as organic and inorganic strategies to compete in the market.
- To make the most of the opportunities and recover from the post-pandemic impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
- The automotive cybersecurity market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Top Companies Mentioned with their Offerings
- Aptiv Plc: The company offers Smart Vehicle Architecture which simplifies complexity, unites diverse applications, and empowers the consumers to control the software that defines their vehicles.
- Argus Cyber Security Ltd.: The company offers automotive cybersecurity solutions which help OEMs and tier-1 companies protect private and commercial vehicles against cyber-attacks and comply with cyber security regulations and standards.
- Arilou Information Security Technologies Ltd.: The company offers OEM, Tier-1, and aftermarket cyber security solutions.
- ESCRYPT GmbH: The company offers automotive cybersecurity solutions under the brand, CycurLIB.
- Infineon Technologies AG: The company offers automotive cybersecurity solutions under the brands, AURIX and OPTIGA.
Some more players covered in the report are:
- Karamba Security Ltd.
- Lear Corp.
- RunSafe Security Inc.
- Samsung Electronics Co. Ltd.
- secunet Security Networks AG
- To gain access to more vendor profiles with their key offerings available with Technavio, Click Here
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Automotive Cybersecurity Market Scope | |
Report Coverage | Details |
Page number | 120 |
Base year | 2020 |
Forecast period | 2021-2025 |
Growth momentum & CAGR | Accelerate at a CAGR of almost 16.58% |
Market growth 2021-2025 | USD 1.91 million |
Market structure | Fragmented |
YoY growth (%) | 13.34 |
Regional analysis | North America, APAC, Europe, South America, and MEA |
Performing market contribution | North America at 46% |
Key consumer countries | US, China, Germany, Canada, UK, and Japan |
Competitive landscape | Leading companies, competitive strategies, consumer engagement scope |
Companies profiled | Aptiv Plc, Argus Cyber Security Ltd., Arilou Information Security Technologies Ltd., ESCRYPT GmbH, Infineon Technologies AG, Karamba Security Ltd., Lear Corp., RunSafe Security Inc. , Samsung Electronics Co. Ltd., and secunet Security Networks AG |
Market Dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period. |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Key Topics Covered:
1 Executive Summary
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 01: Parent market
- Exhibit 02: Market characteristics
- 2.2 Value chain analysis
- Exhibit 03: Value chain analysis: System software market
3 Market Sizing
- 3.1 Market definition
- Exhibit 04: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 05: Market segments
- 3.3 Market size 2020
- 3.4 Market outlook: Forecast for 2020 - 2025
- Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
- Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
4 Five Forces Analysis
- 4.1 Five Forces Analysis
- Exhibit 08: Five forces analysis 2020 & 2025
- 4.2 Bargaining power of buyers
- Exhibit 09: Bargaining power of buyers
- 4.3 Bargaining power of suppliers
- Exhibit 10: Bargaining power of suppliers
- 4.4 Threat of new entrants
- Exhibit 11: Threat of new entrants
- 4.5 Threat of substitutes
- Exhibit 12: Threat of substitutes
- 4.6 Threat of rivalry
- Exhibit 13: Threat of rivalry
- 4.7 Market condition
- Exhibit 14: Market condition - Five forces 2020
5 Market Segmentation by Application
- 5.1 Market segments
- Exhibit 15: Application - Market share 2020-2025 (%)
- 5.2 Comparison by Application
- Exhibit 16: Comparison by Application
- 5.3 Passenger vehicles - Market size and forecast 2020-2025
- Exhibit 17: Passenger vehicles - Market size and forecast 2020-2025 ($ million)
- Exhibit 18: Passenger vehicles - Year-over-year growth 2020-2025 (%)
- 5.4 Commercial vehicles - Market size and forecast 2020-2025
- Exhibit 19: Commercial vehicles - Market size and forecast 2020-2025 ($ million)
- Exhibit 20: Commercial vehicles - Year-over-year growth 2020-2025 (%)
- 5.5 Market opportunity by Application
- Exhibit 21: Market opportunity by Application
6 Customer landscape
- 6.1 Customer Landscape
- Exhibit 22: Customer landscape
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 23: Market share by geography 2020-2025 (%)
- 7.2 Geographic comparison
- Exhibit 24: Geographic comparison
- 7.3 North America - Market size and forecast 2020-2025
- Exhibit 25: North America - Market size and forecast 2020-2025 ($ million)
- Exhibit 26: North America - Year-over-year growth 2020-2025 (%)
- 7.4 APAC - Market size and forecast 2020-2025
- Exhibit 27: APAC - Market size and forecast 2020-2025 ($ million)
- Exhibit 28: APAC - Year-over-year growth 2020-2025 (%)
- 7.5 Europe - Market size and forecast 2020-2025
- Exhibit 29: Europe - Market size and forecast 2020-2025 ($ million)
- Exhibit 30: Europe - Year-over-year growth 2020-2025 (%)
- 7.6 South America - Market size and forecast 2020-2025
- Exhibit 31: South America - Market size and forecast 2020-2025 ($ million)
- Exhibit 32: South America - Year-over-year growth 2020-2025 (%)
- 7.7 MEA - Market size and forecast 2020-2025
- Exhibit 33: MEA - Market size and forecast 2020-2025 ($ million)
- Exhibit 34: MEA - Year-over-year growth 2020-2025 (%)
- 7.8 Key leading countries
- Exhibit 35: Key leading countries
- 7.9 Market opportunity by geography
- Exhibit 36: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- Exhibit 37: Impact of drivers and challenges
- 8.3 Market trends
9 Vendor Landscape
- 9.1 Vendor Landscape
- Exhibit 38: Vendor landscape
- 9.2 Competitive Landscape
- 9.3 Landscape disruption
- Exhibit 39: Landscape disruption
- Exhibit 40: Industry risks
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 41: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 42: Market positioning of vendors
- 10.3 Aptiv Plc
- 10.4 Argus Cyber Security Ltd.
- Exhibit 48: Argus Cyber Security Ltd. - Overview
- Exhibit 49: Argus Cyber Security Ltd. - Product and service
- Exhibit 50: Argus Cyber Security Ltd. - Key offerings
- 10.5 Arilou Information Security Technologies Ltd.
- Exhibit 51: Arilou Information Security Technologies Ltd. - Overview
- Exhibit 52: Arilou Information Security Technologies Ltd. - Product and service
- Exhibit 53: Arilou Information Security Technologies Ltd. - Key offerings
- 10.6 ESCRYPT GmbH
- Exhibit 54: ESCRYPT GmbH - Overview
- Exhibit 55: ESCRYPT GmbH - Product and service
- Exhibit 56: ESCRYPT GmbH - Key news
- Exhibit 57: ESCRYPT GmbH - Key offerings
- 10.7 Infineon Technologies AG
- Exhibit 58: Infineon Technologies AG - Overview
- Exhibit 59: Infineon Technologies AG - Business segments
- Exhibit 60: Infineon Technologies AG - Key news
- Exhibit 61: Infineon Technologies AG - Key offerings
- Exhibit 62: Infineon Technologies AG - Segment focus
- 10.8 Karamba Security Ltd.
- Exhibit 63: Karamba Security Ltd. - Overview
- Exhibit 64: Karamba Security Ltd. - Product and service
- Exhibit 65: Karamba Security Ltd. - Key news
- Exhibit 66: Karamba Security Ltd. - Key offerings
- 10.9 Lear Corp.
- Exhibit 67: Lear Corp. - Overview
- Exhibit 68: Lear Corp. - Business segments
- Exhibit 69: Lear Corp. - Key news
- Exhibit 70: Lear Corp. - Key offerings
- Exhibit 71: Lear Corp. - Segment focus
- 10.10 RunSafe Security Inc.
- Exhibit 72: RunSafe Security Inc. - Overview
- Exhibit 73: RunSafe Security Inc. - Product and service
- Exhibit 74: RunSafe Security Inc. - Key offerings
- 10.11 Samsung Electronics Co. Ltd.
- Exhibit 75: Samsung Electronics Co. Ltd. - Overview
- Exhibit 76: Samsung Electronics Co. Ltd. - Business segments
- Exhibit 77: Samsung Electronics Co. Ltd. - Key news
- Exhibit 78: Samsung Electronics Co. Ltd. - Key offerings
- Exhibit 79: Samsung Electronics Co. Ltd. - Segment focus
- 10.12 secunet Security Networks AG
- Exhibit 80: secunet Security Networks AG - Overview
- Exhibit 81: secunet Security Networks AG - Business segments
- Exhibit 82: secunet Security Networks AG - Key offerings
- Exhibit 83: secunet Security Networks AG - Segment focus
11 Appendix
- 11.1 Scope of the report
- 11.2 Currency conversion rates for US$
- Exhibit 84: Currency conversion rates for US$
- 11.3 Research methodology
- Exhibit 85: Research Methodology
- Exhibit 86: Validation techniques employed for market sizing
- Exhibit 87: Information sources
- 11.4 List of abbreviations
- Exhibit 88: List of abbreviations
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