Global Cybersecurity For Cars Market Overview

The Global Cybersecurity for Cars market size is estimated to reach $4,210 million by 2026, growing at a CAGR of 12.4% over the forecast period of 2021-2026. Cybersecurity is the protection of sensitive information of critical systems from digital attacks. The rapid increase in the threat of cyber-attacks has propelled the demand and need for cybersecurity in the automotive industry. Car manufacturers worldwide effectively collaborate with software companies and internet service providers to offer cybersecurity solutions to customers.

According to Upstream Auto research, the automotive industry is expected to face a loss of $24 billion over the next few years owing to cyberattacks. Major growth factors of the Cybersecurity for Cars market include the growing adoption of cybersecurity automotive solutions worldwide, the rise in the integration of advanced technologies into cars, and the increase in research and development activities to develop enhanced automotive cybersecurity solutions for the customers.

Report Coverage and Scope

The report "Global Cybersecurity For Cars Market" by Research Informatic covers an in-depth detailed analysis for the following segment covered under the scope.

By Offering

• Software-Based
• Hardware-Based
• Integration
• Professional Service

By Security Type

• Network Security
• Cloud Security
• Application Security

Geography

• North America
• Europe
• APAC
• RoW

Key Takeaways from Global Cybersecurity For Cars Market Report:

• Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at country level – for offerings, security types, and by different industry verticals.
• Understand the different market dynamics – key driving factors, challenges, and hidden opportunities.
• Get in-depth insights on your competitor's performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT, and more.
• Analyze the sales and distribution channels across key geographies to improve top-line revenues.
• Understand the industry supply chain with a deep dive on the value augmentation at each step to optimize value and bring efficiencies in your processes.
• Get a quick outlook on the market entropy – M&As, deals, partnerships, product launches of all key players for the past four years.
• Evaluate the supply-demand gaps, import-export statistics, and regulatory landscape for more than the top 20 countries globally for the market.

By offering, market for software-based to grow at the highest CAGR during the forecast period

During the forecast period, the market for software-based is predicted to develop at the fastest rate of XX%. It also held the largest share in 2020. Hardware-defined cars across the world are transforming into software-defined transportation platforms. As a result, many players in the automotive industry are finding themselves needing automotive software to update and modernize vehicles. Moreover, the latest automotive innovations, such as intuitive infotainment, electrification, and self-driving abilities, depend less on mechanical ingenuity than software execution and integration.

By security type, Global Cybersecurity for Cars market for network security to grow at the highest CAGR during the forecast period.

During the projection period, the Cybersecurity for Cars Industry for network security is predicted to develop at the fastest CAGR. The rise in the demand for a relevant solution in passenger vehicles is driving the need for network security owing to the growing number of attacks in connected cars. Therefore, the key players are focusing on developing end-to-end network security for ensuring the highest possible degree of protection at all times.

North America to account for the largest market share during the forecast period.

North America held the largest share of the Global Cybersecurity for Cars market in 2020 with a global market share of %. The demand for Cybersecurity for Cars in North America is growing owing to the increasing demand for relevant solutions in passenger cars with the advent of connected vehicles, growing awareness about the vehicle safety norms, and the rise in the availability of advanced and luxurious cars in the region.

The Asia Pacific is set to be the fastest-growing over 2021-2026. The major drivers for the rapid growth of the Global Cybersecurity for Cars market in the Asia Pacific are the growing presence of leading original equipment manufacturers (OEMs). The increase in automotive security norms and the rise in research and development activities to develop advanced cybersecurity solutions.

Market Dynamics

Driver:

The Security and Privacy in Your (SPY) Car Act in the United States focus on mandating isolation of that critical software systems in cars and safeguarding the entire vehicle against hacking by using cybersecurity measures. The Security and Privacy in Your (SPY) Car Act specify that data must be secured stored in the car to prevent unauthorized access. In addition, cars should detect the same, respond to hacking attempts in real-time, and alert the drivers.

Growing Reinforcement of mandates by various regulatory bodies for car data protection: The act, developed by the National Highway Traffic Safety Administration (NHTSA), also regulates the information shared, collected, and transmitted by cars by sharing the same with its owners to make sure potential security loopholes do not arise. This act's primary focus is to detail risk analysis for new projects for ensuring secure services that comply with the regulations.

Challenge:

Time lag and delay in the delivery of cybersecurity updates.

Time lag and delay in the delivery of cybersecurity updates is one of the significant challenges of the cybersecurity for cars market. Most car manufacturers worldwide do not have the required capabilities for software development. These manufacturers are responsible only for integrating cybersecurity solutions with cars' hardware, and the rest of the responsibilities belong to the cybersecurity provider.

Moreover, the absence of robust capabilities and power within the car manufacturing service centers and plants increases the time lag in identifying and rectifying the vulnerabilities. In addition, the process of getting and delivering updates to the market is delayed for the time taking process of security code update development due to back-end system records. However, during the projected period, the impact of this difficulty is predicted to be moderate.

Key Market Players

Global Cybersecurity for Cars Market Key Players consist

• Harman International Industries Inc. (US)
• Arilou Technologies Ltd (Israel)
• Visteon Corporation (US)
• Encrypt GmbH (Germany)
• Infineon Technologies AG (Germany)
• Cisco Systems Inc (US)
• Argus Cybersecurity Ltd (Israel)
• Denso Corporation (Japan)
• Karamba Security Ltd (Israel)
• Aptiv (Ireland)

Recent Developments:

• In March 2020, Argus Cybersecurity Ltd launched integrated solutions for car manufacturers to protect Ethernet communications based on the vehicle processor. This integrated solution includes intrusion detection systems to detect malicious network activities and keep the drivers protected and connected.
• In July 2019, Karamba Security Ltd entered into a production agreement with its runtime integrity software of Carwell alpine infotainment systems for providing self-protection of ECU against remote code executions to protect the cars other vehicles from cyberattacks.

Chapter 1 Cybersecurity For Cars Market Overview

1.1 Product Overview and Scope of Cybersecurity For Cars

1.2 Cybersecurity For Cars Market Segmentation By Offering

1.2.1 Software-Based

1.2.2 Hardware-Based

1.2.3 Integration

1.2.4 Professional Service

1.2.5 Others

1.3 Cybersecurity For Cars Market Segmentation By Security Type

1.3.1 Network Security

1.3.2 Cloud Security

1.3.3 Application Security

1.3.4 Others

1.4 Cybersecurity For Cars Market Segmentation by Regions

1.4.1 North America

1.4.2 China

1.4.3 Europe

1.4.4 Southeast Asia

1.4.5 Japan

1.4.6 India

1.5 Global Market Size (Value) of Cybersecurity For Cars (2015-2027)

Chapter 2 Global Economic Impact on Cybersecurity For Cars Industry

2.1 Global Macroeconomic Environment Analysis

2.1.1 Global Macroeconomic Analysis

2.1.2 Global Macroeconomic Environment Development Trend

2.2 Global Macroeconomic Environment Analysis by Regions

Chapter 3 Global Cybersecurity For Cars Market Competition by Manufacturers

3.1 Global Cybersecurity For Cars Production and Share by Manufacturers (2021 and 2021)

3.2 Global Cybersecurity For Cars Revenue and Share by Manufacturers (2021 and 2021)

3.3 Global Cybersecurity For Cars Average Price by Manufacturers (2021 and 2021)

3.4 Manufacturers Cybersecurity For Cars Manufacturing Base Distribution, Production Area and Product Type

3.5 Cybersecurity For Cars Market Competitive Situation and Trends

3.5.1 Cybersecurity For Cars Market Concentration Rate

3.5.2 Cybersecurity For Cars Market Share of Top 3 and Top 5 Manufacturers

3.5.3 Mergers & Acquisitions, Expansion

Chapter 4 Global Cybersecurity For Cars Production, Revenue (Value) by Region (2015-2021)

4.1 Global Cybersecurity For Cars Production by Region (2015-2021)

4.2 Global Cybersecurity For Cars Production Market Share by Region (2015-2021)

4.3 Global Cybersecurity For Cars Revenue (Value) and Market Share by Region (2015-2021)

4.4 Global Cybersecurity For Cars Production, Revenue, Price and Gross Margin (2015-2021)

4.5 North America Cybersecurity For Cars Production, Revenue, Price and Gross Margin (2015-2021)

4.6 Europe Cybersecurity For Cars Production, Revenue, Price and Gross Margin (2015-2021)

4.7 China Cybersecurity For Cars Production, Revenue, Price and Gross Margin (2015-2021)

4.8 Japan Cybersecurity For Cars Production, Revenue, Price and Gross Margin (2015-2021)

4.9 Southeast Asia Cybersecurity For Cars Production, Revenue, Price and Gross Margin (2015-2021)

4.10 India Cybersecurity For Cars Production, Revenue, Price and Gross Margin (2015-2021)

Chapter 5 Global Cybersecurity For Cars Supply (Production), Consumption, Export, Import by Regions (2015-2021)

5.1 Global Cybersecurity For Cars Consumption by Regions (2015-2021)

5.2 North America Cybersecurity For Cars Production, Consumption, Export, Import by Regions (2015-2021)

5.3 Europe Cybersecurity For Cars Production, Consumption, Export, Import by Regions (2015-2021)

5.4 China Cybersecurity For Cars Production, Consumption, Export, Import by Regions (2015-2021)

5.5 Japan Cybersecurity For Cars Production, Consumption, Export, Import by Regions (2015-2021)

5.6 Southeast Asia Cybersecurity For Cars Production, Consumption, Export, Import by Regions (2015-2021)

5.7 India Cybersecurity For Cars Production, Consumption, Export, Import by Regions (2015-2021)

Chapter 6 Global Cybersecurity For Cars Production, Revenue (Value), Price Trend by Type

6.1 Global Cybersecurity For Cars Production and Market Share by Type (2015-2021)

6.2 Global Cybersecurity For Cars Revenue and Market Share by Type (2015-2021)

6.3 Global Cybersecurity For Cars Price by Type (2015-2021)

6.4 Global Cybersecurity For Cars Production Growth by Type (2015-2021)

Chapter 7 Global Cybersecurity For Cars Market Analysis by Application

7.1 Global Cybersecurity For Cars Consumption and Market Share by Application (2015-2021)

7.2 Global Cybersecurity For Cars Consumption Growth Rate by Application (2015-2021)

7.3 Market Drivers and Opportunities

7.3.1 Potential Applications

7.3.2 Emerging Markets/Countries

Chapter 8 Cybersecurity For Cars Manufacturing Cost Analysis

8.1 Cybersecurity For Cars Key Raw Materials Analysis

8.1.1 Key Raw Materials

8.1.2 Price Trend of Key Raw Materials

8.1.3 Key Suppliers of Raw Materials

8.1.4 Market Concentration Rate of Raw Materials

8.2 Proportion of Manufacturing Cost Structure

8.2.1 Raw Materials

8.2.2 Labour Cost

8.2.3 Manufacturing Expenses

8.3 Manufacturing Process Analysis of Cybersecurity For Cars

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

9.1 Cybersecurity For Cars Industrial Chain Analysis

9.2 Upstream Raw Materials Sourcing

9.3 Raw Materials Sources of Cybersecurity For Cars Major Manufacturers in 2021

9.4 Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

10.1 Marketing Channel

10.1.1 Direct Marketing

10.1.2 Indirect Marketing

10.1.3 Marketing Channel Development Trend

10.2 Market Positioning

10.2.1 Pricing Strategy

10.2.2 Brand Strategy

10.2.3 Target Client

10.3 Distributors/Traders List

Chapter 11 Market Effect Factors Analysis

11.1 Technology Progress/Risk

11.1.1 Substitutes Threat

11.1.2 Technology Progress in Related Industry

11.2 Consumer Needs/Customer Preference Change

11.3 Economic/Political Environmental Change

Chapter 12 Global Cybersecurity For Cars Market Forecast (2021-2027)

12.1 Global Cybersecurity For Cars Production, Revenue Forecast (2021-2027)

12.2 Global Cybersecurity For Cars Production, Consumption Forecast by Regions (2021-2027)

12.3 Global Cybersecurity For Cars Production Forecast by Type (2021-2027)

12.4 Global Cybersecurity For Cars Consumption Forecast by Application (2021-2027)

12.5 Cybersecurity For Cars Price Forecast (2021-2027)

Chapter 13 Appendix