Automotive Cybersecurity Market - Scope and Research Methodology
The global automotive cyber security market size was valued at USD 3,090.6 million in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of 20.93% from 2023 to 2030. Automotive cyber security is undergoing a fast revolution that is driven by socio-economic and environmental trends due to new manufacturing methods and consumer-challenging technologies.
Recent Development
• Due to the
September 2022 release of Argus Cyber Security Ltd. as well as Elektrobit's EB
zoneo SwithCore Guard pre-integrated solution, the next gen of automobiles will
have strong network control systems.
• commencing
in November 2021, Ford Motor Company and NXP Semiconductors will work together
to provide improved driving ease as well as services such as over-the-air
updates throughout its entire fleet of autos, including the Ford F-150 pickup
truck, Mustang Mach-E, along Bronco SUVs.
• In July
2021, ETAS Korea collaborated with Suresoft Tech Co., Ltd for providing car
suppliers and manufacturers with solutions for cybersecurity evaluation of
in-vehicle systems.
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