The North America Cybersecurity for Autonomous Vehicles Market is expected to witness market growth of 22.1% CAGR during the forecast period (2024-2031).
The US market dominated the North America Cybersecurity for Autonomous Vehicles Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $438.9 million by 2031. The Canada market is experiencing a CAGR of 24.6% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 23.7% during 2024-2031.
The cybersecurity for autonomous vehicles market is rapidly emerging as one of the most critical aspects of the automotive and technology industries, driven by the increasing reliance on digital systems and the proliferation of connected technologies. Autonomous vehicles, or self-driving cars, can navigate and operate without human intervention using sensors, cameras, machine learning, AI, and sophisticated algorithms.
Additionally, as the automotive sector moves towards greater automation, the potential for cyber threats and vulnerabilities grows, necessitating robust cybersecurity solutions to protect AVs from various risks, including hacking, data theft, and unauthorized control.
The growth of the cybersecurity for autonomous vehicles market is significantly influenced by the rising share of autonomous vehicles in the USA and the expansion of the automotive sector in Mexico. These developments require advanced cybersecurity solutions to protect autonomous vehicles from potential cyber threats and vulnerabilities. In the USA, the Insurance Institute for Highway Safety projects that there will be 3.5 million self-driving vehicles on American roads by 2025, increasing to 4.5 million by 2030. This rapid adoption of autonomous vehicles highlights the growing reliance on sophisticated technologies that control vehicle functions, navigation, and communication.
The US market dominated the North America Cybersecurity for Autonomous Vehicles Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $438.9 million by 2031. The Canada market is experiencing a CAGR of 24.6% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 23.7% during 2024-2031.
The cybersecurity for autonomous vehicles market is rapidly emerging as one of the most critical aspects of the automotive and technology industries, driven by the increasing reliance on digital systems and the proliferation of connected technologies. Autonomous vehicles, or self-driving cars, can navigate and operate without human intervention using sensors, cameras, machine learning, AI, and sophisticated algorithms.
Additionally, as the automotive sector moves towards greater automation, the potential for cyber threats and vulnerabilities grows, necessitating robust cybersecurity solutions to protect AVs from various risks, including hacking, data theft, and unauthorized control.
The growth of the cybersecurity for autonomous vehicles market is significantly influenced by the rising share of autonomous vehicles in the USA and the expansion of the automotive sector in Mexico. These developments require advanced cybersecurity solutions to protect autonomous vehicles from potential cyber threats and vulnerabilities. In the USA, the Insurance Institute for Highway Safety projects that there will be 3.5 million self-driving vehicles on American roads by 2025, increasing to 4.5 million by 2030. This rapid adoption of autonomous vehicles highlights the growing reliance on sophisticated technologies that control vehicle functions, navigation, and communication.
List of Key Companies Profiled
- Infineon Technologies AG
- Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- NXP Semiconductors N.V.
- Continental AG
- DENSO CORPORATION
- Harman International Industries, Inc. (Samsung Electronics Co., Ltd.)
- Lear Corporation
- Aptiv PLC
- Robert Bosch GmbH
- Cisco Systems, Inc.
Market Report Segmentation
By Form- In-vehicle cybersecurity
- External cloud cybersecurity
- ADAS & Safety
- Communication Systems
- Telematics
- Infotainment
- Body Control & Comfort
- Powertrain Systems & Other Application
- Network Security
- Application Security
- Endpoint Security
- Passenger
- Commercial
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. North America Cybersecurity for Autonomous Vehicles Market by Form
Chapter 6. North America Cybersecurity for Autonomous Vehicles Market by Application
Chapter 7. North America Cybersecurity for Autonomous Vehicles Market by Security Type
Chapter 8. North America Cybersecurity for Autonomous Vehicles Market by Type
Chapter 9. North America Cybersecurity for Autonomous Vehicles Market by Country
Chapter 10. Company Profiles
Companies Mentioned
- Infineon Technologies AG
- Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- NXP Semiconductors N.V.
- Continental AG
- DENSO CORPORATION
- Harman International Industries, Inc. (Samsung Electronics Co., Ltd.)
- Lear Corporation
- Aptiv PLC
- Robert Bosch GmbH
- Cisco Systems, Inc.
Methodology
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