Automotive Cybersecurity Market Research – Statistics 2021-2025
The automotive cybersecurity market share is expected to increase by USD 1.91 mn from 2021 to 2025, and the market's growth momentum will accelerate at a CAGR of 16.58%. Automotive Cybersecurity Market research report provides vital information about the vendor landscape. The market is expected to remain competitive during the forecast period.
The key vendors Aptiv Plc, Argus Cyber Security Ltd., and Arilou Information Security Technologies Ltd. will dominate the market. The growing competition and similar product offerings will affect the automotive cybersecurity market size and growth.
Based on our research output, there has been an impact on the market growth during and post COVID-19 era. The need for cybersecurity in connected cars is notably driving the automotive cybersecurity market growth, although factors such as price sensitivity and low consumer acceptance in emerging markets may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the automotive cybersecurity industry.
