GITNUX MARKETDATA REPORT 2024

Cybersecurity In The Electric Car Industry Statistics

As the electric car industry continues to grow, cybersecurity threats are also increasing with a notable rise in data breaches and hacking incidents.

Statistic 1

"By 2030, cybersecurity measures in the electric vehicle (EV) market are expected to generate over $759 million annually."

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Statistic 2

"Electric vehicles account for 2.6% of global car sales and about 1% of global car stock in 2019."

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Statistic 3

"In 2020, there was a 350% increase in cyber attacks in the automotive industry."

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Statistic 4

"A survey found that 64% of automotive manufacturers indicated that they test their products for cyber threats."

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Statistic 5

"Automotive cybersecurity market size is expected to be worth over USD 837 million by 2024."

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Statistic 6

"McKinsey suggested in 2016 that connected car data breaches could expose automakers to damages of up to $1.1 trillion."

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Statistic 7

"48% of companies in the connected cars industry do not have a dedicated cybersecurity program or team."

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Statistic 8

"Approximately 82% of the automotive industry professionals questioned in a survey believe their organization's cybersecurity practices are not keeping pace with evolving cyber threats."

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Statistic 9

"There could be as many as 125 million connected passenger cars with embedded systems on the road by 2022."

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Statistic 10

"Electric vehicle market size valued at over USD 121 billion in 2019."

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Statistic 11

"The global electric vehicle market demand is expected to reach 5.8 million units by 2026."

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Statistic 12

"By 2025, 98% of new sold cars are expected to be connected to the internet, making them a potent target for hackers."

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Statistic 13

"The average cost of a data breach in 2020 was USD 3.86 million."

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Statistic 14

"Only 10% of the automotive companies have cybersecurity systems that are developed beyond the initial phase."

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Statistic 15

"As much as 10% of all cyberattacks in the transportation sector are targeted at the automotive industry."

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Statistic 16

"There was an 605% increase in cyber attacks against the automotive industry from Q1 2019 to Q1 2020."

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Statistic 17

"When vehicles become more connected, it is expected that the cost of automotive cybersecurity will increase by 29.5% between 2020 and 2025."

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Statistic 18

"It's predicted that electric vehicle sales will reach 10 million by 2025, increasing the likelihood of cyber threats."

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Statistic 19

"A 2019 report indicated that 30% of the surveyed automotive companies do not have a set of cybersecurity solutions in place."

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Statistic 20

"Research suggests that by 2035, more than 90% of all passenger vehicles in the US will be electrified, increasing the need for robust cybersecurity measures."

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