Automotive Cybersecurity Market Size Worth USD 10.42 Bn by 2034

Selbyville, DE. - The global automotive cybersecurity market was estimated at USD 3.52 billion in 2024. The market is expected to grow from USD 3.87 billion in 2025 to USD 10.42 billion by 2034 at a CAGR of 11.6%, according to latest report published by Global Market Insights Inc.  

As vehicles become increasingly connected via V2X (vehicle-to-everything) communications and embedded infotainment systems, the attack surface for hackers grows significantly. This pushes automakers to invest in robust cybersecurity solutions to protect real-time data exchange, vehicle networks, and digital systems.  

Key Insights:

Market Size & Growth:

• 2024 Market Size: USD 3.52 billion
• 2025 Market Size: USD 3.87 billion
• 2034 Forecast Market Size: USD 10.42 billion
• CAGR (2025–2034): 11.6%

Regional Insights:

• Largest Market: North America
• Fastest Growing Market: Asia Pacific
• Emerging Countries: India, Phillipines, Indonesia, Brazil, Saudi Arabia, UAE

Key Growth Drivers:  

1. Increasing automotive cyber threats and incidents: High-profile cyberattacks targeting automotive software, ECUs (electronic control units), and remote keyless systems have raised industry-wide concerns.  
2. Stringent regulatory mandates and industry standards: Regulations such as UNECE WP.29, ISO/SAE 21434, and the U.S. Cybersecurity Executive Order are compelling OEMs and Tier-1 suppliers to incorporate cybersecurity-by-design in vehicles.  
3. Surge in Over-the-Air (OTA) software updates: Modern vehicles frequently receive OTA updates for software enhancements and bug fixes. Without adequate security frameworks, these updates pose a risk of malware injection or unauthorized access.  
4. Proliferation of electric vehicles (EVs) and charging infrastructure: The growth of EVs and smart charging networks introduces new digital interfaces vulnerable to cyber threats. Cybersecurity solutions are increasingly being integrated into EV battery management systems, charging stations, and cloud-based platforms to ensure secure energy transactions and data integrity.  
5. Rise in In-vehicle infotainment and telematics services: With drivers demanding seamless digital experiences, infotainment systems and telematics services are becoming more complex and vulnerable.  

Key Players:

• Harman International led the market with over 6% share in 2024.
• Some of the top players in this market include NXP, Harman International, Blackberry, Denso, Continental, which together held 25% share in 2024.  

Key Challenges:  

1. Increasing complexity of vehicle electronics and software: Modern vehicles feature hundreds of ECUs, millions of lines of code, and multiple communication interfaces.  
2. Lack of standardized security frameworks across OEMs: While regulations like ISO/SAE 21434 are emerging, many automakers and Tier-1 suppliers still lack uniform cybersecurity protocols.  
3. High cost of implementation: Developing and integrating advanced cybersecurity solutions—from intrusion detection systems to secure OTA platforms—requires significant investment.  
4. Real-time protection requirements: Automotive systems operate in real-time, which limits the ability to run traditional cybersecurity defenses that can slow down performance.  
5. Evolving threat landscape: Cyber threats are constantly evolving with new attack vectors as vehicle connectivity increases.  

Browse key industry insights spread across 345 pages with 200 market data tables and figures from the report, “Automotive Cybersecurity Market Size - By Vehicle, By Security, By Form, By Deployment Mode, By Application, Growth Forecast, 2025 - 2034” in detail, along with the table of contents:  

https://www.gminsights.com/industry-analysis/automotive-cybersecurity-market  

Rising demand in Passenger Vehicle

The passenger vehicle segment in the automotive cybersecurity market held sustainable share in 2024, owing to the rapid growth of connected cars, infotainment systems, and autonomous driving technologies. As consumers expect smarter, safer, and more digital driving experiences, automakers are integrating advanced cybersecurity protocols directly into passenger vehicles.  

Growing Adoption of In-Vehicle Cybersecurity

In-vehicle cybersecurity segment held substantial share in 2024 driven by the focus on safeguarding electronic control units (ECUs), infotainment systems, telematics, and vehicle networks from external threats. As vehicles increasingly function like mobile computers, in-vehicle cybersecurity ensures real-time threat detection, secure communication, and data integrity. OEMs are now designing security from the ground up, embedding software firewalls, intrusion detection systems, and encryption directly into vehicle hardware and software stacks.  

Application to Gain Traction

The application segment in automotive cybersecurity market generated notable revenues in 2024 fueled by telematics and infotainment to ADAS (Advanced Driver Assistance Systems) and powertrain control. Every digital touchpoint inside a modern vehicle needs protection. As the complexity of vehicle architecture grows, cybersecurity applications are being tailored to each system, ensuring end-to-end protection.  

North America to Emerge as a Lucrative Market

North America automotive cybersecurity market held robust growth in 2024 driven by strong regulatory backing, tech-savvy consumers, and the presence of leading cybersecurity and automotive innovators. The U.S. sets embedding cyber resilience in mobility solutions. With regulatory frameworks like the U.S. Cybersecurity Executive Order and rising consumer awareness around data privacy, automakers are accelerating investments in robust in-vehicle security systems. Additionally, partnerships between OEMs and major tech firms are fueling new breakthroughs in vehicle security protocols.  

Major players in the automotive cybersecurity market are Karamba Security, Lear, Harman International, Denso, Upstream Security, NXP, Blackberry, Aptiv, Continental, Intertek.  

Companies in the market are focusing on innovation through extensive R&D to develop cutting-edge security solutions that address emerging threats in connected and autonomous vehicles. Strategic partnerships and collaborations with automakers, technology providers, and regulatory bodies are accelerating product integration and compliance. Many players are investing heavily in real-time threat detection systems and AI-driven cybersecurity frameworks to enhance vehicle safety. Expanding their global footprint through acquisitions and joint ventures is another common tactic to capture new markets and customer segments.