Automotive Cyber Security Market Expected to Triple to USD 9.8 Bn by 2031 as Connected Cars Encounter Increasing Threats

[Hyderabad, April 18th, 2025] – The Automotive Cyber Security Market, valued at USD 3.2 billion in 2023, is projected to grow at a rate of 14.9% to reach USD 9.8 billion by 2031 as vehicles become "computers on wheels," according to ClearView Market Insights.

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2024 Security Milestones

1. Quantum Defense Race
• BMW-IBM partnership prototypes post-quantum secured vehicles for 2027.
• NXP's new chipsets protect V2X comms against future attacks.
2. AI Arms Race
• Upstream's AutoThreat® detects 99.2% of novel attacks.
• GuardKnox's CAN bus protection achieves 100% success in penetration tests.
3. Regulatory Tipping Point
• UN R155 now mandates cybersecurity for all new EU cars.
• NHTSA's new guidelines reference quantum-resistant standards.

Regional Hotspots

• North America (40%): Leads in insurance/liability frameworks.
• Europe (XX%): UN regulations driving OEM compliance.
• Asia-Pacific (XX%): Chinese EV makers investing heavily.

Executive Insights
"Today's cars have more code than fighter jets – we're building digital armor for them."
– Yoni Heilbronn, CMO, Argus Cyber Security

Roadmap to 2031

• 2025: 50% of new cars to feature runtime intrusion prevention.
• 2027: Post-quantum encryption standard in premium EVs.
• 2030: Self-healing vehicle networks expected in autonomous fleets.

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About ClearView Market Insights
ClearView Market Insights tracks 200+ mobility tech markets, from cybersecurity to V2X.

Media contact:

Bhavani K
Marketing and Sales Head
ClearView Market Insights
Mail: sales@clearviewmarketinsights.com
Phone: +1 917-993-736