Automotive cybersecurity market tracker - 2023 update

This market tracker gives an overview of the volume and revenue generated by Cybersecurity software clients including both in-vehicle and off-board/cloud solutions, broken down by region and cybersecurity solution type. The prediction period spans 2022 through 2029. Additionally, this tracker report offers a summary with key Cybersecurity supplier companies and OEM security intelligence data, solution details, collaboration and partnership, sample of served customers, supported standards, etc.

Key takeaways from this market tracker report

The information provided in this tracker reflects the typical amount of money spent on cybersecurity software solutions for each vehicle (cumulative summary). In-vehicle solutions such as Connected Gateway continue to show a slow adoption rate towards  Firewall deployment options, while IDS and IDPS options are growing at a rate of 24.2% CAGR 2022-2029 (IDS) and 43% CAGR 2022-2029 (IDPS) (in terms of unit volumes). Cloud/SOC solutions show healthy growth, with a total number of subscribers expected to pass 300 million units by 2029, with a CAGR 2022-2029 of 46.3%.

The key cost drivers pushing the continuous adoption of Cybersecurity solutions in Automotive are the mandatory regulations together with the new digital connected services that make the vehicle more frequently exposed to cyber risks and attacks. The average license fee and cost of the implemented solutions are going upward due to market factors such as EE architecture changes and the Software-Defined Vehicle implementation. All of these are leading to an increased level of software complexity.

What are the key features of this tracker?

A new summary dashboard has been developed for user ease of use and high-level understanding, including actionable filters to create market scenarios.

The Cybersecurity companies – Services and Solutions – section features additional companies that have been added to the existing list, which has been updated as well.

OEM Cybersecurity strategy research is now available in a comprehensive database, including specifications such as cloud service supplier, featured security services, and security standard compliance.

This report is useful for:

• Automotive OEMs
• Automotive tier-1 suppliers
• Automotive Semiconductor suppliers
• Cybersecurity solution suppliers (Automotive and non-Automotive)
• Automotive software and technology providers
• Financial and investment communities

Key benefits:

This study can be used by strategists, buyers, marketers, and planners to:

• Understanding the market requires evaluating potential growth paths for software development costs and spending, goal cost settings, and product customization.
• Develop strategies by analyzing, communicating to internal decision-makers prospective regional and international commercial prospects, and assessing the purchasing practices of automotive manufacturers for software.
• Understanding the amount, growth, and penetration of software and technology.

Chapter 1: Introduction

• Definitions of attributes and terminologies
• Research process
• Change notes
• Light Vehicle sales overview
• Light Vehicle production overview

Chapter 2: Cybersecurity market in depth

• Summary Data Dashboard
• Cybersecurity Market Summary
• Connected Gateway forecast
• Bus Network forecast
• ECU cybersecurity software
• Security Operation Center (SOC) cybersecurity software

Chapter 3: Cybersecurity Company & OEM intelligence

• Cybersecurity companies intelligence
• Cybersecurity companies services and solutions
• OEM companies - Cybersecurity strategy summary
• Cybersecurity companies supported standards summary