How big is the Cybersecurity For Cars Market?

The Cybersecurity For Cars Market size is expected to reach USD 3.06 billion in 2024 and grow at a CAGR of 16.66% to reach USD 6.60 billion by 2029. Read More

What is the current Cybersecurity For Cars Market size?

In 2024, the Cybersecurity For Cars Market size is expected to reach USD 3.06 billion. Read More

Who are the key players in Cybersecurity For Cars Market?

Cisco Systems, Inc., Infineon Technologies AG, NXP Semiconductors NV, Harman International Industries Inc. (Samsung) and Arilou Technologies are the major companies operating in the Cybersecurity For Cars Market. Read More

Which is the fastest growing region in Cybersecurity For Cars Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Cybersecurity For Cars Market?

In 2024, the North America accounts for the largest market share in Cybersecurity For Cars Market. Read More

What years does this Cybersecurity For Cars Market cover, and what was the market size in 2023?

In 2023, the Cybersecurity For Cars Market size was estimated at USD 2.55 billion. The report covers the Cybersecurity For Cars Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Cybersecurity For Cars Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Cybersecurity For Cars Market - Trends, Size & Share

Cybersecurity For Cars Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Cybersecurity for Cars Market is Segmented by Type of Solution (software-Based, Hardware-Based, Professional Services, Integration, and Other Types of Solution), Type of Security (network Security, Application Security, Cloud Security, and Other Types of Security), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.

Cybersecurity For Cars Industry Overview

The cybersecurity market for cars is highly competitive due to the presence of many small and large players operating in domestic and international markets. The market appears to be moderately concentrated, with the key players adopting strategies like product and service innovation to overcome the latest threats faced by automobiles continually. Some of the significant players in the market are Cisco Systems, Inc., Infineon Technologies, NXP Semiconductors NV, and Harman International Industries Inc., among others.

In January 2022, Visteon, a technology company servicing the mobility industry, announced the AllGo App Store as one of the latest solutions in its growing range of connected car technologies for the mobility sector at CES® 2022. The AllGo App Store was created to fulfill the expanding global demand for secure and convenient access to app-based content in an innovative, connected cockpit.

In April 2022, Cisco and General Motors are collaborating to modernize and automate the development process for vehicle development data for performance testing, reducing time-to-market for commercially ready automobiles. Using Cisco's wireless network architecture for real-time, pre-production performance testing at GM Milford Proving Ground enables multiple GM test engineers to actively monitor several hundred data channels concurrently during a test run, observe vehicle operation parameters, and modify the test being run to optimize results.