Commercial Vehicles Cybersecurity Market to Grow with a CAGR of 6.25% through to 2029

Increasing adoption of connected vehicle technologies, stringent regulatory requirements, and rising cybersecurity threats are the factors driving the market in the forecast period 2025-2029.

According to TechSci Research report, “ Commercial Vehicles Cybersecurity Market –Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F”, Global Commercial Vehicles Cybersecurity Market valued at USD 3.49 billion in 2023 and is expected to reach USD 5.02 billion with a CAGR of 6.25% through 2029.

The global commercial vehicles cybersecurity market is propelled by the increasing integration of connected vehicle technologies, stringent regulatory mandates, and escalating cybersecurity threats. As commercial fleets adopt advanced telematics, IoT devices, and autonomous features, the demand for robust cybersecurity solutions rises to protect against potential vulnerabilities and cyber-attacks. However, the market faces challenges such as the complexity of securing diverse vehicle systems and the associated costs of implementing comprehensive cybersecurity measures, which can be prohibitive for smaller operators. Key trends include the application of AI and machine learning for enhanced threat detection, the utilization of blockchain for secure data management, and the shift towards cloud-based cybersecurity solutions for scalable protection across fleets. Opportunities abound in the form of increased R&D investments, specialized cybersecurity services tailored to commercial vehicles, and the expansion of electric and autonomous vehicle segments. Looking forward, the market is forecasted to grow significantly as automotive digitalization continues to advance, driving the adoption of more sophisticated cybersecurity technologies and strategies to safeguard the future of commercial vehicle operations amidst a rapidly evolving threat landscape.

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The commercial vehicles cybersecurity market is segmented by security type into application security, network security, and endpoint security, each playing a crucial role in protecting against cyber threats across vehicle fleets. Application security focuses on safeguarding software applications and systems within commercial vehicles, ensuring they are resistant to unauthorized access and malicious attacks. This includes securing onboard systems like telematics, infotainment, and driver assistance features, which are increasingly interconnected and vulnerable to cyber breaches.

Network security is vital for protecting the communication channels and data flows within commercial vehicle networks. It involves implementing firewalls, intrusion detection systems (IDS), and encryption protocols to defend against unauthorized access, data interception, and network breaches. With the rise of connected vehicles and IoT integration, robust network security measures are essential to maintaining the integrity and confidentiality of vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communications.

Endpoint security focuses on securing individual devices and endpoints within commercial vehicles, such as electronic control units (ECUs), onboard computers, and connected sensors. This involves deploying antivirus software, endpoint detection and response (EDR) systems, and access control mechanisms to prevent cyber threats from compromising vehicle operations. Endpoint security is critical as it protects against vulnerabilities that could be exploited through physical or remote access to vehicle components.

Major companies operating in Global Commercial Vehicles Cybersecurity Market are:

• Intel Corporation
• ETAS GmbH
• NNG Software Developing and Commercial Llc.
• Denso Corporation
• Continental AG
• Harman International Industries, Inc.
• Robert Bosch GmbH
• Cisco Systems Inc.
• Karamba Security Ltd.
• ZF Friedrichshafen AG

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“The global commercial vehicle cybersecurity market is experiencing rapid growth due to the increasing connectivity and digitization of commercial vehicles. With the integration of advanced technologies, such as telematics, IoT devices, and autonomous features, commercial vehicles have become vulnerable to cyber threats. The escalating cyber threat landscape, stringent regulatory requirements, and the adoption of electric and autonomous vehicles are driving the demand for robust cybersecurity solutions. Fleet operators and manufacturers are prioritizing cybersecurity to protect against data breaches, operational disruptions, and safety hazards. This market's growth is further fueled by heightened awareness and investments in cybersecurity measures. As the commercial vehicle industry evolves, the need for comprehensive cybersecurity solutions remains paramount to ensure the integrity and security of commercial vehicle systems and data.,” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Commercial Vehicles Cybersecurity Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Security Type (Application, Network, Endpoint), By Application Type (ADAS & Safety System, Infotainment, Body Electronics, Powertrain, Telematics), By Region & Competition 2019-2029F”, has evaluated the future growth potential of Global Commercial Vehicles Cybersecurity Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Commercial Vehicles Cybersecurity Market.

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