The Latin America, Middle East and Africa Cybersecurity for Autonomous Vehicles Market is expected to witness market growth of 25.4% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA 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 $36 million by 2031. The Argentina market is showcasing a CAGR of 26.1% during 2024-2031. Additionally, the UAE market would register a CAGR of 24.2% during 2024-2031.
As the development of autonomous vehicles progresses, adopting cybersecurity solutions tailored to these vehicles has become imperative. The automotive industry has recognized the growing risks associated with autonomous driving and has taken proactive steps to integrate cybersecurity measures into vehicle design and operations. Major automakers, such as Tesla, Waymo, General Motors, and BMW, as well as technology companies like Google and Apple, are investing heavily in cybersecurity for autonomous vehicles.
Moreover, these companies are integrating advanced encryption, authentication protocols, and AI-powered cybersecurity systems into their AV technologies. As the competition in the autonomous driving space intensifies, ensuring the security of AVs has become a top priority for industry leaders.
The UAE's initiatives in autonomous transportation are significantly impacting the growth of the cybersecurity for autonomous vehicles market. Dubai's Autonomous Transportation Strategy aims for 25% of transportation to be autonomous by 2030, including 4,000 autonomous taxis. This widespread use of advanced technologies in public transport increases the potential for cyber-attacks, necessitating robust cybersecurity measures. These measures include secure communication protocols, real-time threat detection, and advanced encryption to ensure passenger safety and maintain public trust.
The Brazil market dominated the LAMEA 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 $36 million by 2031. The Argentina market is showcasing a CAGR of 26.1% during 2024-2031. Additionally, the UAE market would register a CAGR of 24.2% during 2024-2031.
As the development of autonomous vehicles progresses, adopting cybersecurity solutions tailored to these vehicles has become imperative. The automotive industry has recognized the growing risks associated with autonomous driving and has taken proactive steps to integrate cybersecurity measures into vehicle design and operations. Major automakers, such as Tesla, Waymo, General Motors, and BMW, as well as technology companies like Google and Apple, are investing heavily in cybersecurity for autonomous vehicles.
Moreover, these companies are integrating advanced encryption, authentication protocols, and AI-powered cybersecurity systems into their AV technologies. As the competition in the autonomous driving space intensifies, ensuring the security of AVs has become a top priority for industry leaders.
The UAE's initiatives in autonomous transportation are significantly impacting the growth of the cybersecurity for autonomous vehicles market. Dubai's Autonomous Transportation Strategy aims for 25% of transportation to be autonomous by 2030, including 4,000 autonomous taxis. This widespread use of advanced technologies in public transport increases the potential for cyber-attacks, necessitating robust cybersecurity measures. These measures include secure communication protocols, real-time threat detection, and advanced encryption to ensure passenger safety and maintain public trust.
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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. LAMEA Cybersecurity for Autonomous Vehicles Market by Form
Chapter 6. LAMEA Cybersecurity for Autonomous Vehicles Market by Application
Chapter 7. LAMEA Cybersecurity for Autonomous Vehicles Market by Security Type
Chapter 8. LAMEA Cybersecurity for Autonomous Vehicles Market by Type
Chapter 9. LAMEA 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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