The North America Cybersecurity for Autonomous Vehicles Market would 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 would 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 would 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.
Free Valuable Insights: The Cybersecurity for Autonomous Vehicles Market is Predict to reach USD 1.67 Billion by 2031, at a CAGR of 22.7%
Based on Form, the market is segmented into In-vehicle cybersecurity and External cloud cybersecurity. Based on Application, the market is segmented into ADAS & Safety, Communication Systems, Telematics, Infotainment, Body Control & Comfort, and Powertrain Systems & Other Application. Based on Security Type, the market is segmented into Network Security, Application Security, and Endpoint Security. Based on Type, the market is segmented into Passenger and Commercial. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By Form
By Application
By Security Type
By Type
By Country
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
Unique Offerings 