Connected Car
Precedence ResearchThe global automotive cybersecurity market size is expected to be worth around USD 16.43 billion by 2032, and it is registering at a CAGR of 18.15% from 2023 to 2032. Ottawa, March 11, 2023 (GLOBE NEWSWIRE) -- As per Precedence Research, the global automotive cybersecurity market size was valued at USD 3.1 billion in 2022. The market for automotive cybersecurity is expanding as a result of rising demand for automotive cybersecurity solutions brought on by a rise in cyberattacks on the car industry. As a result, owners and organisations are urged to put automotive cybersecurity safeguards in place, which is what propels the sector. Hence, it is anticipated that an increase in adaptive security in the automotive industry will fuel growth of the global automotive cybersecurity market during the forecast period.