Automotive Cybersecurity Market Analysis and Forecast to 2031: By Security (Hardware Security, Software Security, Network Security, Cloud Security), Type (Passenger Vehicle, Commercial Vehicle), Application (On-board Diagnostic (OBD), Communication, Safety Systems, Infotainment, Telematics), and Region
Automotive cybersecurity is the protection of a vehicle against unauthorized access or theft of data. It includes the prevention of unauthorized access to the vehicle’s electronic systems, such as the engine control unit, the infotainment system, and the onboard diagnostics system.
Automotive cybersecurity threats can come from a variety of sources, including hackers, malicious insiders, and even criminals who physically tamper with a vehicle. These threats can result in a loss of data, damage to the vehicle, or even theft.
To protect against these threats, automotive manufacturers and suppliers must design and implement comprehensive cybersecurity programs. These programs should include measures to prevent, detect, and respond to cybersecurity incidents. They should also include plans for how to recover from an incident, should one occur.
Key Trends
The automotive industry is under pressure to improve cybersecurity in the face of increased threats. The key trends in automotive cybersecurity technology are:
Increased focus on data security: The automotive industry is collecting more data than ever before, from vehicle sensors and infotainment systems. This data is a valuable target for hackers, who could use it to gain insights into a vehicle’s weaknesses or to impersonate the owner. To protect this data, automakers are increasingly turning to data encryption and other security technologies.
Improved authentication: In the past, it has been relatively easy for hackers to gain access to a vehicle’s systems using stolen credentials. To improve authentication, automakers are now using biometric technologies such as fingerprint scanners and iris scanners.
Improved software security: The majority of automotive cybersecurity breaches are caused by vulnerabilities in software. To improve software security, automakers are adopting security-focused development processes and tools, such as static code analysis.
Key Drivers
There are a few key drivers of automotive cybersecurity. The first is the need to protect vehicles from external threats. This includes threats from hackers who may try to gain access to vehicle systems in order to control them or steal data.
The second driver is the need to protect vehicles from internal threats. This includes threats from employees who may have malicious intent or from errors that could lead to vehicle malfunctions.
The third driver is the need to meet regulatory requirements. Many countries are now requiring that automakers take steps to protect vehicles from cyberattacks. This is driving automakers to invest in cybersecurity technologies and to create policies and procedures to protect vehicles.
Restraints & Challenges
The key restraints and challenges in Automotive Cybersecurity market are as follows:
Lack of awareness about automotive cybersecurity among consumers and manufacturers: There is a lack of awareness about automotive cybersecurity among consumers and manufacturers. This is a major challenge for the automotive cybersecurity market as it hinders the adoption of cybersecurity solutions and services.
High costs associated with automotive cybersecurity solutions and services: The high costs associated with automotive cybersecurity solutions and services is a major challenge for the automotive cybersecurity market.
Market Segments
By Security
- Hardware Security
- Software Security
- Network Security
- Cloud Security
By Type
- Passenger Vehicle
- Commercial Vehicle
By Application
- On-board Diagnostic (OBD)
- Communication
- Safety Systems
- Infotainment
- Telematics
Key Players
- Audi
- Argus Cyber Security Ltd.
- Arilou Technologies Ltd.
- BMW
- BT Security
- Cisco Systems, Inc.
- Continental AG
- Karamba Security
- Symantec Corporation
- Daimler Trucks
Key Players
- Audi
- Argus Cyber Security Ltd.
- Arilou Technologies Ltd.
- BMW
- BT Security
- Cisco Systems, Inc.
- Continental AG
- Karamba Security
- Symantec Corporation
- Daimler Trucks
Market Segments
By Security
- Hardware Security
- Software Security
- Network Security
- Cloud Security
By Type
- Passenger Vehicle
- Commercial Vehicle
By Application
- On-board Diagnostic (OBD)
- Communication
- Safety Systems
- Infotainment
- Telematics
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- Middle East
- Africa