Automotive Cyber Security Market Expected to Triple to USD 9.8 Bn by 2031 as Connected Cars Encounter Increasing Threats

Elevate your understanding of the Automotive Cyber Security Market with our comprehensive research report. Gain insights into industry trends, market dynamics, key players.

[Hyderabad, April 18th, 2025] – The Automotive Cyber Security Market, valued at USD 3.2 billion in 2023, is projected to grow at a rate of 14.9% to reach USD 9.8 billion by 2031 as vehicles become "computers on wheels," according to ClearView Market Insights.

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2024 Security Milestones

  1. Quantum Defense Race
    • BMW-IBM partnership prototypes post-quantum secured vehicles for 2027.
    • NXP's new chipsets protect V2X comms against future attacks.
  2. AI Arms Race
    • Upstream's AutoThreat® detects 99.2% of novel attacks.
    • GuardKnox's CAN bus protection achieves 100% success in penetration tests.
  3. Regulatory Tipping Point
    • UN R155 now mandates cybersecurity for all new EU cars.
    • NHTSA's new guidelines reference quantum-resistant standards.

Regional Hotspots

  • North America (40%): Leads in insurance/liability frameworks.
  • Europe (XX%): UN regulations driving OEM compliance.
  • Asia-Pacific (XX%): Chinese EV makers investing heavily.

Executive Insights
"Today's cars have more code than fighter jets – we're building digital armor for them."
– Yoni Heilbronn, CMO, Argus Cyber Security

Roadmap to 2031

  • 2025: 50% of new cars to feature runtime intrusion prevention.
  • 2027: Post-quantum encryption standard in premium EVs.
  • 2030: Self-healing vehicle networks expected in autonomous fleets.

For more insights, visit https://clearviewmarketinsights.com/report-store  

About ClearView Market Insights
ClearView Market Insights tracks 200+ mobility tech markets, from cybersecurity to V2X.

 

Media contact:

Bhavani K
Marketing and Sales Head
ClearView Market Insights
Mail: sales@clearviewmarketinsights.com
Phone: +1 917-993-7369


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