Automotive Cybersecurity Market Forecast and Key Players: Insights and Growth Trends {2029}
The global automotive cybersecurity market is undergoing significant transformation, driven by the rapid integration of advanced technologies in modern vehicles. According to the TechSci Research report, “ Automotive Cybersecurity Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F” , the market stood at USD 6.30 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 5.40% during the forecast period. This growth reflects the increasing demand for robust cybersecurity solutions to address emerging threats in connected and autonomous vehicles. Automotive Cybersecurity Market Overview Market Size and Growth The automotive cybersecurity market's value of USD 6.30 billion in 2023 is projected to expand steadily due to advancements in-vehicle technologies. Factors such as the proliferation of connected car technologies, vehicle-to-everything (V2X) communication, and telematics systems are k...