Lucintel anticipates that Asia Pacific will be the fastest growing region in the automotive cyber security market

   September 25, 2019
According to a market report by Lucintel, the future of the automotive cyber security market looks promising with opportunities in the passenger car, light commercial vehicles, and electric vehicle markets. The automotive cyber security market is expected to grow with a CAGR of 13% from 2019 to 2024. The major drivers for this market are growing demand for connected cars and electronic content per vehicle, government regulation on vehicle data protection, and increasing use of cloud-based applications in e-mobility.

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Within the automotive cyber security market, telematics, OBD, infotainment, communication channels, powertrain, and safety systems are the major applications. Powertrain is the largest application segment for the automotive cyber security market.

Network security, endpoint security, application security, wireless security, and cloud security are the major security types of the cyber security market.

Asia Pacific will remain the largest region over the forecast period due to increase in vehicle production, changing in-vehicle electronic architecture, increasing in-vehicle services connected to external cloud, and expansion of leading OEMs and automotive component suppliers.

Infineon Technologies, Harman International, Argus Cyber Security, Delphi Automotive, Intel Corporation, Lear Corporation, Trillium, SBD Automotive & Ncc Group, Karamba Security, Escrypt, and Arilou Technologies are among the major players of the automotive cyber security.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the automotive cyber security market by security type, by application, by end use, and by region. Lucintel has prepared a comprehensive research report titled "Automotive Cyber Security Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the automotive cyber security market by security type, by application, by end use, and by region as follows:

By Security Type [$M shipment analysis for 2013 – 2024]

  • Network security

  • Endpoint security

  • Application security

  • Wireless security

  • Cloud security

By Application [$M shipment analysis for 2013 – 2024]  

  • Telematics

  • OBD

  • Infotainment

  • Communication channels

  • Powertrain

  • Safety systems

  • Others

By End Use [$M shipment analysis for 2013 – 2024]

  • Passenger Car

    • Small cars

    • Compact cars

    • Mid-Sized cars

    • Luxury cars

    • SUVs & Crossovers            

  • Light Commercial Vehicle

  • Electric Vehicles

By Region [$M shipment analysis for 2013 – 2024]

  • North America

    • US

    • Canada

    • Mexico

  • Europe

    • Germany

    • Russia

    • France

    • United Kingdom

    • Italy

  • Asia Pacific

    • Japan

    • India

    • South Korea

    • Indonesia

    • China

  • The Rest of the World

    • Brazil

    • Turkey

This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link or

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