Passenger Cars Cybersecurity Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Security Type (Application, Network, Endpoint), By Application Type (ADAS & Safety System, Infotainment, Body Electronics, Powertrain, Telematics), By Region, By Competition 2018-2028

  • Industry : Automotive
  • Pages : NA
  • Published Date : NA
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Summary

Report Description

Forecast Period

2024-2028

Market Size (2022)

USD 2.7 billion

CAGR (2023-2028)

6.21%

Fastest Growing Segment

ADAS & Safety System

Largest Market

North America


Market Overview

Global Passenger Cars Cybersecurity Market has valued at USD 2.7 Billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 6.21% through 2028. The Global Passenger Cars Cybersecurity Market is witnessing rapid growth and transformation as the automotive industry becomes increasingly digitalized and connected. With modern vehicles featuring advanced technology, connectivity, and automation, the need for robust cybersecurity measures has never been greater. This market is driven by the critical imperative to protect vehicles and passengers from cyber threats that could compromise safety, data privacy, and the overall driving experience. One of the primary drivers of this market is the rising complexity of vehicle architecture, which includes numerous electronic control units (ECUs), sensors, and software components, creating a larger attack surface. Additionally, the evolving cyber threat landscape presents continuous challenges, as cybercriminals develop innovative tactics to exploit vulnerabilities. Regulatory compliance and harmonization efforts are also influencing this market, with governments and industry organizations worldwide establishing cybersecurity standards and regulations to ensure the safety and security of connected vehicles. Integrating cybersecurity solutions into legacy vehicles poses its own set of challenges, as does the imperative to educate consumers about cybersecurity risks and best practices.

Key Market Drivers

Rapid Advancements in Vehicle Connectivity and Automation

The first and foremost driver of the Global Passenger Cars Cybersecurity Market is the rapid advancement in vehicle connectivity and automation technologies. Modern vehicles are becoming increasingly connected to the internet and other external networks, allowing for features like remote diagnostics, over-the-air updates, and advanced infotainment systems. While these advancements offer numerous benefits, they also create vulnerabilities that cybercriminals can exploit. The proliferation of IoT (Internet of Things) devices in vehicles, such as sensors, cameras, and communication modules, has expanded the attack surface. As vehicles become more automated and capable of autonomous driving, the need for cybersecurity becomes even more critical. Hackers could potentially take control of critical vehicle functions, endangering the lives of passengers and other road users.

Stringent Government Regulations and Industry Standards

Another driving force behind the growth of the Passenger Cars Cybersecurity Market is the imposition of stringent government regulations and industry standards. Governments and regulatory bodies around the world are increasingly recognizing the need for robust cybersecurity measures in vehicles. For instance, the European Union's General Data Protection Regulation (GDPR) and the United States' Cybersecurity and Privacy Regulations for Connected Vehicles require automakers to implement security measures to protect user data and ensure the integrity of vehicle systems. Non-compliance can result in hefty fines and damage to a company's reputation. Furthermore, industry organizations like the Automotive Cybersecurity Standards Committee (Auto-ISAC) and the International Organization for Standardization (ISO) have developed cybersecurity guidelines and standards specific to the automotive sector. These standards provide a framework for automakers and suppliers to follow, ensuring consistent cybersecurity practices across the industry. As a result of these regulations and standards, automakers are compelled to invest in cybersecurity solutions to meet compliance requirements and ensure the safety and privacy of their customers. This has led to a surge in the demand for cybersecurity products and services.

Growing Awareness of Cyber Threats

The increasing awareness of cyber threats among automakers, consumers, and the general public is a significant driver of the Passenger Cars Cybersecurity Market. High-profile incidents of vehicle hacking and cyberattacks have garnered media attention and raised concerns about the safety of connected vehicles. Consumers are becoming more educated about the potential risks associated with vehicle cybersecurity. They expect automakers to take proactive measures to protect their vehicles and data. This heightened awareness is pushing automakers to prioritize cybersecurity as a key selling point and invest in technologies that safeguard their customers' trust. Furthermore, the automotive industry is collaborating with cybersecurity firms to conduct penetration testing and vulnerability assessments. By identifying and addressing vulnerabilities in their systems before cybercriminals can exploit them, automakers are enhancing the overall security of their vehicles.

Increasing Integration of AI and Machine Learning

The integration of artificial intelligence (AI) and machine learning (ML) technologies is driving innovation in the Passenger Cars Cybersecurity Market. AI and ML are being employed to develop more sophisticated and adaptive cybersecurity solutions capable of identifying and mitigating emerging threats in real-time. AI-powered intrusion detection systems can monitor network traffic and behavior patterns to detect anomalies indicative of cyberattacks. Machine learning algorithms can analyze vast amounts of data to identify vulnerabilities and predict potential attack vectors. This predictive capability allows automakers to proactively address security weaknesses before they are exploited. Moreover, AI and ML are essential for securing autonomous vehicles. These vehicles rely on complex AI systems for perception, decision-making, and control. Ensuring the integrity of these AI systems is critical to preventing cyberattacks that could lead to accidents or unauthorized vehicle access. The integration of AI and ML into cybersecurity solutions is a key competitive advantage for companies in this market. It enables them to offer more robust and adaptive security measures, addressing the evolving nature of cyber threats.

Growing Partnership between Automakers and Cybersecurity Firms

The final driver of the Passenger Cars Cybersecurity Market is the increasing collaboration and partnerships between automakers and cybersecurity firms. Recognizing the specialized nature of cybersecurity, many automakers are forming strategic alliances with cybersecurity experts to bolster their security measures. These partnerships take various forms, from joint ventures and acquisitions to licensing agreements and consulting services. For example, automakers are acquiring cybersecurity startups to gain access to cutting-edge technologies and expertise. This allows them to integrate cybersecurity features directly into their vehicle designs. Additionally, established cybersecurity companies are offering consulting services to automakers, helping them assess their cybersecurity posture, identify vulnerabilities, and develop comprehensive cybersecurity strategies. This collaborative approach ensures that automakers have access to the latest cybersecurity innovations and best practices. The partnership between automakers and cybersecurity firms is not limited to technology alone. It also includes knowledge sharing and information exchange, which is crucial for staying ahead of emerging threats and vulnerabilities.


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Key Market Challenges

Evolving Cyber Threat Landscape

One of the foremost challenges facing the Passenger Cars Cybersecurity Market is the ever-evolving cyber threat landscape. Cybercriminals are becoming increasingly sophisticated and innovative, constantly developing new attack vectors and techniques to exploit vulnerabilities in vehicle systems. As vehicles become more connected and reliant on digital technologies, they become attractive targets for cyberattacks. Potential threats include remote hacking of vehicle control systems, data breaches, ransomware attacks, and unauthorized access to personal information. The consequences of successful cyberattacks can range from financial losses and damage to a company's reputation to endangering passenger safety and even loss of life. The challenge is compounded by the fact that cyber threats are not limited to vehicles themselves but can also target the broader connected ecosystem, including infrastructure, cloud services, and communication networks. Therefore, a holistic approach to cybersecurity is required to safeguard the entire automotive ecosystem.

Complexity of Vehicle Architecture

The increasing complexity of modern vehicle architecture presents a significant challenge for the Passenger Cars Cybersecurity Market. Vehicles are equipped with numerous electronic control units (ECUs), sensors, communication modules, and software components, all of which must work together seamlessly to ensure safe and reliable operation. However, this complexity also introduces a larger attack surface for potential cyber threats. Each ECU and software component can potentially be exploited by hackers if not adequately protected. Additionally, the interconnectivity of these components increases the risk of lateral movement for cyber threats within a vehicle's network. Despite these efforts, the inherent complexity of vehicle architecture remains a challenge, and the industry must continue to innovate and develop more robust cybersecurity solutions to protect against increasingly sophisticated attacks.

Regulatory Compliance and Harmonization

Regulatory compliance and harmonization represent a significant challenge in the Passenger Cars Cybersecurity Market. As governments and regulatory bodies recognize the importance of cybersecurity in vehicles, they are introducing a myriad of cybersecurity regulations and standards. However, these regulations and standards vary from one region to another, leading to a lack of global consistency in cybersecurity requirements. Automakers and cybersecurity providers must navigate a complex landscape of regulations, each with its own compliance criteria and deadlines. For example, the European Union's General Data Protection Regulation (GDPR) includes provisions related to data privacy and cybersecurity, while the United States has introduced the Cybersecurity and Privacy Regulations for Connected Vehicles. Furthermore, industry organizations like the Automotive Cybersecurity Standards Committee (Auto-ISAC) and the International Organization for Standardization (ISO) have developed their own cybersecurity guidelines and standards. Achieving compliance with these regulations and standards is not only challenging but can also be costly and time-consuming. Additionally, the lack of harmonization between regions can lead to duplication of efforts and increased compliance-related expenses for global automakers.

Integration of Legacy Systems

The integration of legacy systems poses a significant challenge in the Passenger Cars Cybersecurity Market. Many vehicles on the road today were not originally designed with robust cybersecurity measures in mind. As automakers strive to enhance the security of existing vehicles, they must retrofit older vehicles with cybersecurity solutions. Retrofitting legacy vehicles with modern cybersecurity features can be complex and costly. These vehicles may have outdated hardware and software that lack the necessary security protocols and features. Furthermore, there may be limitations in terms of computational power and memory, making it challenging to implement advanced cybersecurity measures. Additionally, automakers must consider the diverse range of vehicles in their fleets, including those with varying model years and levels of technology integration. This diversity makes it difficult to standardize cybersecurity solutions across all vehicles. However, achieving a high level of cybersecurity in legacy vehicles remains a complex and ongoing process, requiring ongoing support and innovation to adapt to emerging threats.

Consumer Education and Awareness

Consumer education and awareness represent a critical challenge in the Passenger Cars Cybersecurity Market. While cybersecurity is a growing concern, many vehicle owners may not fully understand the potential risks associated with cyber threats to their vehicles. Lack of awareness can lead to complacency, where consumers do not take cybersecurity precautions seriously. For example, they may neglect software updates or fail to recognize phishing attempts related to their vehicle. Moreover, consumers may not be aware of the cybersecurity features available in their vehicles or how to use them effectively. This can result in underutilization of security measures and increased vulnerability to cyberattacks. Additionally, automakers should design user-friendly interfaces and provide clear instructions for updating software and enabling security features. The goal is to empower consumers to take an active role in protecting their vehicles from cyber threats.

Key Market Trends

Increasing Connectivity and Digitalization in Vehicles

One of the most significant trends in the Global Passenger Cars Cybersecurity Market is the increasing connectivity and digitalization of vehicles. Modern cars are equipped with numerous sensors, communication modules, and embedded software systems that enable features like infotainment systems, navigation, remote diagnostics, and over-the-air software updates. While these technologies enhance the driving experience and provide convenience to consumers, they also create an expanded attack surface for cyber threats. Hackers can potentially exploit vulnerabilities in these digital systems to gain unauthorized access to the vehicle, compromising passenger safety and data privacy. To address this trend, automakers are investing heavily in cybersecurity solutions. These solutions include advanced firewalls, intrusion detection systems, and secure communication protocols. Moreover, secure over-the-air update mechanisms are being implemented to ensure that software vulnerabilities can be patched promptly and efficiently. The increasing connectivity trend is not limited to personal vehicles. Commercial and fleet vehicles are also becoming more connected, driven by the need for remote fleet management, telematics, and efficient logistics. Consequently, the demand for cybersecurity solutions in these segments is also on the rise.

Growing Concerns About Data Privacy

Data privacy is emerging as a significant concern in the Global Passenger Cars Cybersecurity Market. As vehicles become more connected, they collect and transmit vast amounts of data, including information about driving habits, location, and even biometric data from in-car sensors. Consumers are increasingly aware of the potential risks associated with their personal data being collected and shared without their consent. This growing concern has led to calls for more stringent data privacy regulations in the automotive industry. In response, automakers are implementing encryption and data anonymization techniques to protect user data. They are also adopting transparent data usage policies, allowing consumers to have more control over how their data is collected and used. Moreover, the General Data Protection Regulation (GDPR) in Europe and similar regulations worldwide are pushing automakers to implement stronger data protection measures. Failure to comply with these regulations can result in substantial fines and damage to a company's reputation.

Rise in Remote Vehicle Services and OTA Updates

The rise of remote vehicle services and over-the-air (OTA) software updates is a notable trend in the Passenger Cars Cybersecurity Market. Automakers are increasingly offering remote services that allow vehicle owners to control various functions of their cars through mobile apps or web portals. These services include locking/unlocking doors, starting the engine, and monitoring vehicle health. While remote services provide convenience and efficiency, they also introduce cybersecurity challenges. Hackers could potentially gain unauthorized access to a vehicle through these remote services, leading to theft or other malicious activities. To address this trend, automakers are implementing robust authentication and encryption protocols for remote services. They are also investing in secure backend infrastructure to protect user data and ensure that only authorized users can access remote vehicle functions. Additionally, the adoption of OTA software updates is becoming more prevalent. OTA updates allow automakers to deliver software patches and updates to vehicles without requiring physical visits to service centers. This enhances cybersecurity by ensuring that vehicles are running the latest, most secure software. However, OTA updates also present cybersecurity risks, as hackers may attempt to intercept or manipulate update packages. As a result, automakers are implementing secure update mechanisms, including code signing and encryption, to protect the integrity of OTA updates.

Shift Toward Autonomous and Semi-Autonomous Vehicles

The shift toward autonomous and semi-autonomous vehicles is another significant trend in the Passenger Cars Cybersecurity Market. Autonomous vehicles rely heavily on complex software systems and sensor arrays to perceive their environment, make driving decisions, and navigate safely. While autonomous vehicles hold the promise of improved road safety and mobility, they also introduce new cybersecurity challenges. A cyberattack on an autonomous vehicle's control systems could have catastrophic consequences, potentially leading to accidents or unauthorized vehicle access. To address this trend, automakers and technology companies are investing heavily in cybersecurity research and development for autonomous vehicles. They are developing advanced intrusion detection systems, secure communication protocols, and redundant control systems to ensure the safety and security of autonomous vehicles. Additionally, regulatory bodies are beginning to recognize the unique cybersecurity challenges posed by autonomous vehicles and are working to establish specific cybersecurity standards and regulations for these vehicles.

Collaboration and Partnerships in the Automotive Ecosystem

Collaboration and partnerships within the automotive ecosystem are becoming increasingly prevalent in the Passenger Cars Cybersecurity Market. Automakers are recognizing that addressing cybersecurity challenges requires expertise beyond their core competencies. As a result, automakers are forming strategic alliances with cybersecurity firms, technology companies, and research institutions. These partnerships take various forms, from joint ventures and acquisitions to licensing agreements and consulting services. Cybersecurity firms bring specialized knowledge and technologies to the table, helping automakers identify vulnerabilities, conduct penetration testing, and develop comprehensive cybersecurity strategies. Technology companies contribute innovations in secure hardware and software solutions, while research institutions provide valuable insights into emerging cyber threats and mitigation strategies. Moreover, collaboration extends to information sharing and threat intelligence sharing among automakers, suppliers, and industry organizations. This collective approach allows the automotive industry to stay ahead of evolving cyber threats and vulnerabilities.

 Segmental Insights

Application Analysis

The Passenger Cars cyber security market is divided into four applications: ADAS & Safety System, Infotainment, Body Electronics, Powertrain, and Telematics. The infotainment sector dominated the market and is predicted to increase at a rapid pace over the forecast period. The entire Passenger Cars industry is working to develop breakthrough technologies to provide better connection options, increase vehicle safety, and improve in-car user experience. The "In-Vehicle Infotainment System" is one of the critical technologies that serves as the focal point of all modern automobile systems and integrates their operations so that they may be managed and monitored from a single central unit. Vehicles using ADAS technology may work in a manner similar to a driver monitoring the weather, spotting objects on the road, and so on.


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Regional Insights

In 2022, the Passenger Cars cybersecurity industry in North America will be the largest. The industry is seeing a one-of-a-kind growth driver as a result of the convergence of stringent autonomous car laws and the need for comprehensive security. As the region accelerates autonomous vehicle testing and deployment, regulatory authorities require stringent cybersecurity protocols to ensure public safety and data protection. This convergence creates a market for specialized cybersecurity solutions that address both compliance and advanced threat mitigation, giving companies that can seamlessly integrate regulatory compliance with cutting-edge security measures a competitive advantage in the dynamic landscape of autonomous mobility. Asia-Pacific has the second-largest market share for Passenger Cars cyber security. This is because of the constantly increasing demand for Passenger Cars vehicles, as well as sophisticated communication technologies in vehicles. Furthermore, China's Passenger Cars cyber security market had the greatest market share, while India's Passenger Cars cyber security industry was the Asia-Pacific region's fastest expanding market.

Due to consumer demand for comfort driving, automated features, and driver and passenger safety, Europe's Passenger Cars cyber security industry accounts for the third-largest market share. The presence of large tier -1 suppliers in the region, as well as increased worries about cyber-attacks on automobiles, are driving market expansion in Europe.

Recent Developments

  • BlackBerry Limited teamed with Passenger Cars cybersecurity platform Upstream Security in June 2023 to assist automakers in improving the security posture of their vehicles. By merging Upstream's V- XDR platform with BlackBerry IVY, OEMs may use and pre-process data at the vehicle's edge, offering a wide range of relevant insights in real-time, ensuring cybersecurity compliance, and lowering cloud connectivity costs.
  • LG Electronics acquired Cybellum in September 2021 to improve its cybersecurity capabilities. The company's Cyber Digital Twins technology can access source code to create a comprehensive picture of a vehicle's software components and rapidly identify any vulnerabilities that could be exploited. Using a real-time threat intelligence feed, the software scans for vulnerabilities and then gives a detailed assessment of those vulnerabilities as well as remedies.
  • ETAS (a subsidiary of Robert Bosch GmbH) introduced ESCRYPT C_ycurRISK, a software solution for threat analysis and risk assessment, in February 2023. It enables Passenger Cars OEMs and suppliers to uncover security flaws throughout vehicle development and systematically mitigate cyber threats.
  • HL Mando Corporation joined forces with Argus Cyber Security in January 2023. Beginning in January 2023, the Argus CAN Intrusion Detection Systems (IDS) solution was deployed to HL Mandbo's electrification system products, such as brakes and steering, as part of this agreement.
  • NTT Communications Corporation and DENSO Corporation (DENSO) were supposed to create vehicle security operation center technology (VSOC1) in October 2022 in response to the threat of more sophisticated cyber-attacks on automobiles.

Key Market Players

  • Intel Corporation
  • Escrypt Embedded Systems
  • Arilou Passenger Cars Cybersecurity
  • DENSO CORPORATION
  • Continental AG,
  • HARMAN International
  • Robert Bosch GmbH
  • Cisco Systems Inc.
  • Argus Cyber Security
  • Karamba Security

By Security Type

By Application Type

By Region
  • Application
  • Network
  • Endpoint
  • ADAS & Safety System
  • Infotainment
  • Body Electronics
  • Powertrain
  • Telematics
  • North America
  • Europe & CIS
  • Asia Pacific
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Passenger Cars Cybersecurity Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Passenger Cars Cybersecurity Market, By Security Type:

o   Application

o   Network

o   Endpoint

  • Passenger Cars Cybersecurity Market, By Application Type:

o   ADAS & Safety System

o   Infotainment

o   Body Electronics

o   Powertrain

o   Telematics

  • Passenger Cars Cybersecurity Market, By Region:

o   Asia-Pacific

§  China

§  India

§  Japan

§  Indonesia

§  Thailand

§  South Korea

§  Australia

o   Europe & CIS

§  Germany

§  Spain

§  France

§  Russia

§  Italy

§  United Kingdom

§  Belgium

o   North America

§  United States

§  Canada

§  Mexico

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Turkey

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Passenger Cars Cybersecurity Market.

Available Customizations:

Global Passenger Cars Cybersecurity market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Passenger Cars Cybersecurity Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Impact of COVID-19 on Global Passenger Cars Cybersecurity Market

5.    Global Passenger Cars Cybersecurity Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Security Type Market Share Analysis (Application, Network, Endpoint)

5.2.2.    By Application Type Market Share Analysis (ADAS & Safety System, Infotainment, Body Electronics, Powertrain, Telematics)

5.2.3.    By Regional Market Share Analysis

5.2.3.1.        Asia-Pacific Market Share Analysis

5.2.3.2.        Europe & CIS Market Share Analysis

5.2.3.3.        North America Market Share Analysis

5.2.3.4.        South America Market Share Analysis

5.2.3.5.        Middle East & Africa Market Share Analysis

5.2.4.    By Company Market Share Analysis (Top 5 Companies, Others - By Value & Volume, 2022)

5.3.  Global Passenger Cars Cybersecurity Market Mapping & Opportunity Assessment

5.3.1.    By Security Type Market Mapping & Opportunity Assessment

5.3.2.    By Application Type Market Mapping & Opportunity Assessment

5.3.3.    By Regional Market Mapping & Opportunity Assessment

6.    Asia-Pacific Passenger Cars Cybersecurity Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value  

6.2.  Market Share & Forecast

6.2.1.    By Security Type Market Share Analysis

6.2.2.    By Application Type Market Share Analysis

6.2.3.    By Country Market Share Analysis

6.2.3.1.        China Market Share Analysis

6.2.3.2.        India Market Share Analysis

6.2.3.3.        Japan Market Share Analysis

6.2.3.4.        Indonesia Market Share Analysis

6.2.3.5.        Thailand Market Share Analysis

6.2.3.6.        South Korea Market Share Analysis

6.2.3.7.        Australia Market Share Analysis

6.2.3.8.        Rest of Asia-Pacific Market Share Analysis

6.3.  Asia-Pacific: Country Analysis

6.3.1.    China Passenger Cars Cybersecurity Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value  

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Security Type Market Share Analysis

6.3.1.2.2.           By Application Type Market Share Analysis

6.3.2.    India Passenger Cars Cybersecurity Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value  

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Security Type Market Share Analysis

6.3.2.2.2.           By Application Type Market Share Analysis

6.3.3.    Japan Passenger Cars Cybersecurity Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value  

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Security Type Market Share Analysis

6.3.3.2.2.           By Application Type Market Share Analysis

6.3.4.    Indonesia Passenger Cars Cybersecurity Market Outlook

6.3.4.1.        Market Size & Forecast

6.3.4.1.1.           By Value  

6.3.4.2.        Market Share & Forecast

6.3.4.2.1.           By Security Type Market Share Analysis

6.3.4.2.2.           By Application Type Market Share Analysis

6.3.5.    Thailand Passenger Cars Cybersecurity Market Outlook

6.3.5.1.        Market Size & Forecast

6.3.5.1.1.           By Value  

6.3.5.2.        Market Share & Forecast

6.3.5.2.1.           By Security Type Market Share Analysis

6.3.5.2.2.           By Application Type Market Share Analysis

6.3.6.    South Korea Passenger Cars Cybersecurity Market Outlook

6.3.6.1.        Market Size & Forecast

6.3.6.1.1.           By Value  

6.3.6.2.        Market Share & Forecast

6.3.6.2.1.           By Security Type Market Share Analysis

6.3.6.2.2.           By Application Type Market Share Analysis

6.3.7.    Australia Passenger Cars Cybersecurity Market Outlook

6.3.7.1.        Market Size & Forecast

6.3.7.1.1.           By Value  

6.3.7.2.        Market Share & Forecast

6.3.7.2.1.           By Security Type Market Share Analysis

6.3.7.2.2.           By Application Type Market Share Analysis

7.    Europe & CIS Passenger Cars Cybersecurity Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value  

7.2.  Market Share & Forecast

7.2.1.    By Security Type Market Share Analysis

7.2.2.    By Application Type Market Share Analysis

7.2.3.    By Country Market Share Analysis

7.2.3.1.        Germany Market Share Analysis

7.2.3.2.        Spain Market Share Analysis

7.2.3.3.        France Market Share Analysis

7.2.3.4.        Russia Market Share Analysis

7.2.3.5.        Italy Market Share Analysis

7.2.3.6.        United Kingdom Market Share Analysis

7.2.3.7.        Belgium Market Share Analysis

7.2.3.8.        Rest of Europe & CIS Market Share Analysis

7.3.  Europe & CIS: Country Analysis

7.3.1.    Germany Passenger Cars Cybersecurity Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value  

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Security Type Market Share Analysis

7.3.1.2.2.           By Application Type Market Share Analysis

7.3.2.    Spain Passenger Cars Cybersecurity Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value  

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Security Type Market Share Analysis

7.3.2.2.2.           By Application Type Market Share Analysis

7.3.3.    France Passenger Cars Cybersecurity Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value  

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Security Type Market Share Analysis

7.3.3.2.2.           By Application Type Market Share Analysis

7.3.4.    Russia Passenger Cars Cybersecurity Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value  

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Security Type Market Share Analysis

7.3.4.2.2.           By Application Type Market Share Analysis

7.3.5.    Italy Passenger Cars Cybersecurity Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value  

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Security Type Market Share Analysis

7.3.5.2.2.           By Application Type Market Share Analysis

7.3.6.    United Kingdom Passenger Cars Cybersecurity Market Outlook

7.3.6.1.        Market Size & Forecast

7.3.6.1.1.           By Value  

7.3.6.2.        Market Share & Forecast

7.3.6.2.1.           By Security Type Market Share Analysis

7.3.6.2.2.           By Application Type Market Share Analysis

7.3.7.    Belgium Passenger Cars Cybersecurity Market Outlook

7.3.7.1.        Market Size & Forecast

7.3.7.1.1.           By Value  

7.3.7.2.        Market Share & Forecast

7.3.7.2.1.           By Security Type Market Share Analysis

7.3.7.2.2.           By Application Type Market Share Analysis

8.    North America Passenger Cars Cybersecurity Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value  

8.2.  Market Share & Forecast

8.2.1.    By Security Type Market Share Analysis

8.2.2.    By Application Type Market Share Analysis

8.2.3.    By Country Market Share Analysis

8.2.3.1.        United States Market Share Analysis

8.2.3.2.        Mexico Market Share Analysis

8.2.3.3.        Canada Market Share Analysis

8.3.  North America: Country Analysis

8.3.1.    United States Passenger Cars Cybersecurity Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value  

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Security Type Market Share Analysis

8.3.1.2.2.           By Application Type Market Share Analysis

8.3.2.    Mexico Passenger Cars Cybersecurity Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value  

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Security Type Market Share Analysis

8.3.2.2.2.           By Application Type Market Share Analysis

8.3.3.    Canada Passenger Cars Cybersecurity Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value  

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Security Type Market Share Analysis

8.3.3.2.2.           By Application Type Market Share Analysis

9.    South America Passenger Cars Cybersecurity Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value  

9.2.  Market Share & Forecast

9.2.1.    By Security Type Market Share Analysis

9.2.2.    By Application Type Market Share Analysis

9.2.3.    By Country Market Share Analysis

9.2.3.1.        Brazil Market Share Analysis

9.2.3.2.        Argentina Market Share Analysis

9.2.3.3.        Colombia Market Share Analysis

9.2.3.4.        Rest of South America Market Share Analysis

9.3.  South America: Country Analysis

9.3.1.    Brazil Passenger Cars Cybersecurity Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value  

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Security Type Market Share Analysis

9.3.1.2.2.           By Application Type Market Share Analysis

9.3.2.    Colombia Passenger Cars Cybersecurity Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value  

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Security Type Market Share Analysis

9.3.2.2.2.           By Application Type Market Share Analysis

9.3.3.    Argentina Passenger Cars Cybersecurity Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value  

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Security Type Market Share Analysis

9.3.3.2.2.           By Application Type Market Share Analysis

10. Middle East & Africa Passenger Cars Cybersecurity Market Outlook

10.1.            Market Size & Forecast

10.1.1. By Value   

10.2.            Market Share & Forecast

10.2.1. By Security Type Market Share Analysis

10.2.2. By Application Type Market Share Analysis

10.2.3. By Country Market Share Analysis

10.2.3.1.     South Africa Market Share Analysis

10.2.3.2.     Turkey Market Share Analysis

10.2.3.3.     Saudi Arabia Market Share Analysis

10.2.3.4.     UAE Market Share Analysis

10.2.3.5.     Rest of Middle East & Africa Market Share Africa

10.3.            Middle East & Africa: Country Analysis

10.3.1. South Africa Passenger Cars Cybersecurity Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value  

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Security Type Market Share Analysis

10.3.1.2.2.         By Application Type Market Share Analysis

10.3.2. Turkey Passenger Cars Cybersecurity Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value  

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Security Type Market Share Analysis

10.3.2.2.2.         By Application Type Market Share Analysis

10.3.3. Saudi Arabia Passenger Cars Cybersecurity Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value  

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Security Type Market Share Analysis

10.3.3.2.2.         By Application Type Market Share Analysis

10.3.4. UAE Passenger Cars Cybersecurity Market Outlook

10.3.4.1.     Market Size & Forecast

10.3.4.1.1.         By Value  

10.3.4.2.     Market Share & Forecast

10.3.4.2.1.         By Security Type Market Share Analysis

10.3.4.2.2.         By Application Type Market Share Analysis

11. SWOT Analysis

11.1.            Strength

11.2.            Weakness

11.3.            Opportunities

11.4.            Threats

12. Market Dynamics

12.1.            Market Drivers

12.2.            Market Challenges

13. Market Trends and Developments

14. Competitive Landscape

14.1.            Company Profiles (Up to 10 Major Companies)

14.1.1. Intel Corporation

14.1.1.1.     Company Details

14.1.1.2.     Key Product Offered

14.1.1.3.     Financials (As Per Availability)

14.1.1.4.     Recent Developments

14.1.1.5.     Key Management Personnel

14.1.2. Escrypt Embedded Systems

14.1.2.1.     Company Details

14.1.2.2.     Key Product Offered

14.1.2.3.     Financials (As Per Availability)

14.1.2.4.     Recent Developments

14.1.2.5.     Key Management Personnel

14.1.3. Arilou Passenger Cars Cybersecurity

14.1.3.1.     Company Details

14.1.3.2.     Key Product Offered

14.1.3.3.     Financials (As Per Availability)

14.1.3.4.     Recent Developments

14.1.3.5.     Key Management Personnel

14.1.4. Cisco Systems Inc.

14.1.4.1.     Company Details

14.1.4.2.     Key Product Offered

14.1.4.3.     Financials (As Per Availability)

14.1.4.4.     Recent Developments

14.1.4.5.     Key Management Personnel

14.1.5. Harman Intemational Industries Inc.

14.1.5.1.     Company Details

14.1.5.2.     Key Product Offered

14.1.5.3.     Financials (As Per Availability)

14.1.5.4.     Recent Developments

14.1.5.5.     Key Management Personnel

14.1.6. Denso Corporation.

14.1.6.1.     Company Details

14.1.6.2.     Key Product Offered

14.1.6.3.     Financials (As Per Availability)

14.1.6.4.     Recent Developments

14.1.6.5.     Key Management Personnel

14.1.7. Argus Cyber Security

14.1.7.1.     Company Details

14.1.7.2.     Key Product Offered

14.1.7.3.     Financials (As Per Availability)

14.1.7.4.     Recent Developments

14.1.7.5.     Key Management Personnel

14.1.8. Continental AG

14.1.8.1.     Company Details

14.1.8.2.     Key Product Offered

14.1.8.3.     Financials (As Per Availability)

14.1.8.4.     Recent Developments

14.1.8.5.     Key Management Personnel

14.1.9. Robert Bosch GmbH

14.1.9.1.     Company Details

14.1.9.2.     Key Product Offered

14.1.9.3.     Financials (As Per Availability)

14.1.9.4.     Recent Developments

14.1.9.5.     Key Management Personnel

14.1.10.              Karamba Security

14.1.10.1.  Company Details

14.1.10.2.  Key Product Offered

14.1.10.3.  Financials (As Per Availability)

14.1.10.4.  Recent Developments

14.1.10.5.  Key Management Personnel

15. Strategic Recommendations

15.1.            Key Focus Areas

15.1.1. Target Regions

15.1.2. Target Vehicle Type

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Passenger Cars Cybersecurity Market was estimated to be USD 2.7 billion in 2022.

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The Passenger Cars cyber security market is divided into four applications: ADAS & Safety System, Infotainment, Body Electronics, Powertrain, and Telematics. The infotainment sector dominated the market and is predicted to increase at a rapid pace over the forecast period. The entire Passenger Cars industry is working to develop breakthrough technologies to provide better connection options, increase vehicle safety, and improve in-car user experience. The "In-Vehicle Infotainment System" is one of the critical technologies that serves as the focal point of all modern automobile systems and integrates their operations so that they may be managed and monitored from a single central unit.

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In 2022, the Passenger Cars cybersecurity industry in North America will be the largest. The industry is seeing a one-of-a-kind growth driver because of the convergence of stringent autonomous car laws and the need for comprehensive security. As the region accelerates autonomous vehicle testing and deployment, regulatory authorities require stringent cybersecurity protocols to ensure public safety and data protection. This convergence creates a market for specialized cybersecurity solutions that address both compliance and advanced threat mitigation, giving companies that can seamlessly integrate regulatory compliance with cutting-edge security measures a competitive advantage in the dynamic landscape of autonomous mobility.

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Rapid Advancements in Vehicle Connectivity and Automation, Stringent Government Regulations and Industry Standards, Increasing Integration of AI and Machine Learning are the major drivers for the Global Passenger Cars Cybersecurity Market.

Related Reports

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Srishti Verma

Business Consultant
Press Release

Passenger Cars Cybersecurity Market to Grow with a CAGR of 6.21% Globally through to 2028

Nov, 2023

Rapid Advancements in Vehicle Connectivity and Automation, Stringent Government Regulations and Industry Standards, Increasing Integration of AI and Machine Learning are factors driving the Global Pa

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