Europe Automotive Cybersecurity Market Introduction and Overview
According to SPER Market Research, the Europe Automotive Cybersecurity Market is estimated to reach USD 8558.85 million by 2033 with a CAGR of 24.37%.
The report includes an in-depth analysis of the Europe Automotive Cybersecurity Market, including market size and trends, product mix, distribution channels, and supplier analysis. The market for technologies, services, and solutions aimed at defending automobiles, automotive systems, and connected car platforms against cyberattacks, illegal access, data breaches, and hostile activity is known as the automotive cybersecurity market. It entails putting security measures in place to protect the availability, integrity, and confidentiality of data communications, in-car networks, and automotive electronic systems.
- The HARMAN Ignite Marketplace, a vast network of cloud-based services and apps accessible on the HARMAN Ignite Cloud Platform, was introduced by HARMAN in January 2020. With the built-in Over-the-Air (OTA) functionality of the HARMAN Ignite platform, automakers are equipped with a safe and effective way to deliver and update a robust service ecosystem on a regular basis while still mitigating risk. Potential risks such as network issues, file tampering, and cybersecurity attacks are reduced.
Market Opportunities and Challenges
Opportunities: Automotive Systems' Increasing Complexity Complex electronic systems included in modern cars, such as entertainment systems, autonomous driving capabilities, and vehicle-to-vehicle (V2V) communication, increase the attack surface and need the use of strong cybersecurity defenses. Collaboration and Partnership Working together, technology companies, cybersecurity companies, and automakers may promote creativity and the creation of all-encompassing cybersecurity solutions that are customized to meet the specific needs of the car sector.
Challenges: The European Automotive Cybersecurity Market has a number of significant challenges. Firstly of all, the risk of cyberattacks is rising as cars become more digitally integrated and networked. Hackers may attempt to breach an automobile's systems with the intention of doing harm, such as obtaining personal information or seizing control of the vehicle. For automakers, who must make sure their vehicles are safe from these dangers, this is a major concern. The intricacy of automobile systems is another difficulty. Modern cars are packed with technological parts and software that have to function flawlessly together. But it also means that hackers have more possible avenues of access to take advantage of. It takes a lot of work to keep all these systems safe and updated with the newest cybersecurity safeguards.
Market Competitive Landscape
The level of competition in the European automotive cybersecurity market is moderate. The primary growth tactics used by the enterprises in the region to withstand the fierce competition include partnerships and acquisitions, large expenditures on research and development, and the introduction of new products.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Application, By Vehicle Type, By Security, By Form
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| Regions covered | Germany, United Kingdom, France, Spain, Rest of Europe
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| Companies Covered | Argus Cybersecurity, Arilou Technologies, Cisco Systems Inc, Continental AG, Delphi Automotive PLC, Escrypt GmbH, Infineon Technologies AG, NXP Semiconductors NV, Secunet AG, Visteon Corporation, Others |
COVID-19 Impact on Europe Automotive Cybersecurity Market
The Europe Automotive Cybersecurity Market has been impacted by the COVID-19 epidemic in a number of ways. On the one hand, as remote work and digital communication proliferated, the pandemic has expedited the automotive industry's use of digital technologies. Since more connected cars are vulnerable to security breaches, the attack surface for cyber threats has grown as a result of the rising digitalization. As a result, both automakers and consumers are becoming more conscious of the significance of cybersecurity in automobiles. On the other hand, the pandemic has also presented difficulties for the car industry as a whole, affecting investments in cybersecurity measures due to supply chain interruptions, production delays, and uncertain economic conditions.
Key Target Audience:
- Automotive Manufacturers
- Cybersecurity Companies
- Regulatory Bodies
- Investors
- Automotive Industry Associations
- Government Agencies
- Consumers
- Research Institutions
- Technology Providers
- Supply Chain Partners
Our in-depth analysis of the Europe Automotive Cybersecurity Market includes the following segments:
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By Application:
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Communication
Advanced Driver Assistance System (ADAS) and Safety System
On-Board Diagnostic (OBD)
Infotainment
Telematics
EV Charging Station
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By Vehicle Type:
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Passenger Vehicle
Commercial Vehicle
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By Security Type:
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Network Security
Software Security
Cloud Security
Hardware Security
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By FormL:
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In-Vehicle
External Cloud Services
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Key Topics Covered in the Report:
- Europe Automotive Cybersecurity Market Size (FY’2024-FY’2033)
- Overview of Europe Automotive Cybersecurity Market
- Segmentation of Europe Automotive Cybersecurity Market By Application (Communication, Advanced Driver Assistance System (ADAS) and Safety System, On-Board Diagnostic (OBD), Infotainment, Telematics, EV Charging Station)
- Segmentation of Europe Automotive Cybersecurity Market By Vehicle Type (Passenger Vehicle, Commercial Vehicle)
- Segmentation of Europe Automotive Cybersecurity Market By Security Type (Network Security, Software Security, Cloud Security, Hardware Security)
- Segmentation of Europe Automotive Cybersecurity Market By Form (Vehicle, External Cloud Services)
- Expansion Analysis of Europe Automotive Cybersecurity Market
- Problems and Obstacles in Europe Automotive Cybersecurity Market
- Competitive Landscape in the Europe Automotive Cybersecurity Market
- Impact of COVID-19 and Demonetization on Europe Automotive Cybersecurity Market
- Details on Current Investment in Europe Automotive Cybersecurity Market
- Competitive Analysis of Europe Automotive Cybersecurity Market
- Prominent Players in the Europe Automotive Cybersecurity Market
- SWOT Analysis of Europe Automotive Cybersecurity Market
- Europe Automotive Cybersecurity Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Europe Automotive Cybersecurity Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Automotive Cybersecurity Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Automotive Cybersecurity Market
7. Europe Automotive Cybersecurity Market, By Application (USD Million)
7.1. Europe Automotive Cybersecurity Market Value Share and Forecast, By Application, 2024-2033
7.2. Communication
7.3. Advanced Driver Assistance System (ADAS) and Safety System
7.4. On-Board Diagnostic (OBD)
7.5. Infotainment
7.6. Telematics
7.7. EV Charging Station
7.8. Others
8. Europe Automotive Cybersecurity Market, By Vehicle Type (USD Million)
8.1. Europe Automotive Cybersecurity Market Value Share and Forecast, By Vehicle Type, 2024-2033
8.2. Passenger Vehicle
8.3. Commercial Vehicle
9. Europe Automotive Cybersecurity Market, By Security Type (USD Million)
9.1. Europe Automotive Cybersecurity Market Value Share and Forecast, By Security Type, 2024-2033
9.2. Network Security
9.3. Software Security
9.4. Cloud Security
9.5. Hardware Security
10. Europe Automotive Cybersecurity Market, By Form (USD Million)
10.1. Europe Automotive Cybersecurity Market Value Share and Forecast, By Form, 2024-2033
10.2. In-Vehicle
10.3. External Cloud Services
11. Europe Automotive Cybersecurity Market Forecast, 2020-2033 (USD Million)
11.1. Europe Automotive Cybersecurity Market Size and Market Share
12. Europe Automotive Cybersecurity Market, By Application, 2020-2033 (USD Million)
12.1. Europe Automotive Cybersecurity Market Size and Market Share By Application (2020-2026)
12.2. Europe Automotive Cybersecurity Market Size and Market Share By Application (2027-2033)
13. Europe Automotive Cybersecurity Market, By Vehicle Type, 2020-2033 (USD Million)
13.1. Europe Automotive Cybersecurity Market Size and Market Share By Vehicle Type (2020-2026)
13.2. Europe Automotive Cybersecurity Market Size and Market Share By Vehicle Type (2027-2033)
14. Europe Automotive Cybersecurity Market, By Security Type, 2020-2033 (USD Million)
14.1. Europe Automotive Cybersecurity Market Size and Market Share By Security Type (2020-2026)
14.2. Europe Automotive Cybersecurity Market Size and Market Share By Security Type (2027-2033)
15. Europe Automotive Cybersecurity Market, By Form, 2020-2033 (USD Million)
15.1. Europe Automotive Cybersecurity Market Size and Market Share By Form (2020-2026)
15.2. Europe Automotive Cybersecurity Market Size and Market Share By Form (2027-2033)
16. Europe Automotive Cybersecurity Market, By Region, 2020-2033 (USD Million)
16.1. Europe Automotive Cybersecurity Market Size and Market Share By Region (2020-2026)
16.2. Europe Automotive Cybersecurity Market Size and Market Share By Region (2027-2033)
16.3. Germany
16.4. United Kingdom
16.5. France
16.6. Spain
16.7. Rest of Europe
17. Company Profile
17.1. Argus Cybersecurity
17.1.1. Company details
17.1.2. Financial outlook
17.1.3. Product summary
17.1.4. Recent developments
17.2. Arilou Technologies
17.2.1. Company details
17.2.2. Financial outlook
17.2.3. Product summary
17.2.4. Recent developments
17.3. Cisco Systems Inc
17.3.1. Company details
17.3.2. Financial outlook
17.3.3. Product summary
17.3.4. Recent developments
17.4. Continental AG
17.4.1. Company details
17.4.2. Financial outlook
17.4.3. Product summary
17.4.4. Recent developments
17.5. Delphi Automotive PLC
17.5.1. Company details
17.5.2. Financial outlook
17.5.3. Product summary
17.5.4. Recent developments
17.6. Escrypt GmbH
17.6.1. Company details
17.6.2. Financial outlook
17.6.3. Product summary
17.6.4. Recent developments
17.7. Infineon Technologies AG
17.7.1. Company details
17.7.2. Financial outlook
17.7.3. Product summary
17.7.4. Recent developments
17.8. NXP Semiconductors NV
17.8.1. Company details
17.8.2. Financial outlook
17.8.3. Product summary
17.8.4. Recent developments
17.9. Secunet AG
17.9.1. Company details
17.9.2. Financial outlook
17.9.3. Product summary
17.9.4. Recent developments
17.10. Visteon Corporation
17.10.1. Company details
17.10.2. Financial outlook
17.10.3. Product summary
17.10.4. Recent developments
17.11. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope