GITNUX MARKETDATA REPORT 2024

Cybersecurity In The Ev Industry Statistics

Cybersecurity is a growing concern in the electric vehicle industry, with a projected increase in cyber attacks as the industry continues to expand.

Statistic 1

"An estimated 64% of people worldwide are concerned about the potential for automotive hacking."

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Statistic 2

"Research predicts the automotive cybersecurity market will experience a CAGR of 21.3% from 2021 till 2026."

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Statistic 3

"By 2025, 2/3 of new cars globally will have connected capabilities, increasing the need for cyber security in the EV industry."

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Statistic 4

"As of 2020, there were more than 150 separate cyber-threats and vulnerabilities specifically related to connected cars."

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Statistic 5

"An approximation of $24 billion will be spent on automotive cybersecurity by 2030."

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Statistic 6

"In 2021, 84% of automotive professionals in the United States were concerned about vehicle technology cyber risks."

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Statistic 7

"Around 1.39 million new cars in the US were connected cars in 2020."

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Statistic 8

"The number of vulnerabilities in automotive systems has grown nearly seven-fold since 2014."

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Statistic 9

"Over 29 million vehicles worldwide will come standard with both embedded connectivity and Verizon Connect integrated solutions by 2021."

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Statistic 10

"The average vehicle today includes more than 100 million lines of software code."

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Statistic 11

"Nearly 69% of all network attacks in 2019 were on applications, significant for the rise of software-driven vehicles."

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Statistic 12

"In 2015, researchers successfully hacked and took control of a Jeep Cherokee, emphasizing the dangers in the auto industry."

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Statistic 13

"Automotive industry is expected to invest $82 billion in cybersecurity by 2026."

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Statistic 14

"Nearly 50% of consumers said they wouldn't purchase a connected vehicle if it had previously suffered a cyber attack."

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Statistic 15

"Between 2016 and 2019, the number of cybersecurity companies focusing on automotive has grown 577%."

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Statistic 16

"McKinsey estimates attack surfaces per vehicle may increase from approximately 50 to 200 by 2025 due to increased digital features in EV."

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