The global automotive Software Bill of Materials (SBOM) market is projected to grow from $440 million in 2026 to $1.8 billion by 2034, according to a new Fortune Business Insights report.
The market is projected to grow at a 19.3% CAGR from 2026 through 2034, driven by software-defined vehicles, cybersecurity regulations, complex software supply chains and lifecycle vulnerability management.
Electric vehicles are projected to be the fastest-growing propulsion segment at a 22.4% CAGR, while buses and coaches are projected to be the fastest-growing vehicle segment at 23.7%. Tier 2 and lower-tier suppliers are projected to grow at 22.0%, while professional and managed SBOM services and vulnerability correlation, VEX and remediation-management solutions are each projected to grow at 20.4%.
The U.S. market is estimated at $80 million in 2026, representing approximately 19% of global revenue, while China is estimated at $110 million, or approximately 24.8%. The report also points to manufacturers increasingly moving from periodic SBOMs toward continuously generated SBOMs integrated into development and DevSecOps workflows.
Matt Wyckhouse, Founder & CEO, Finite State:
“The interesting thing about the growth of the SBOM market is that the SBOM itself is becoming table stakes. The hard problem isn’t producing a list of components; it’s continuously determining what’s actually inside increasingly complex vehicle software, whether a newly disclosed vulnerability creates real risk, and how quickly manufacturers and suppliers can respond. In automotive, that requires going well beyond traditional SCA and analyzing the firmware and binaries that actually ship in the vehicle.”
SBOM is one of the best ways to ensure that you don’t get pwned. Everybody should insist of seeing one before engaging a service or buying a product. Cars are a good example seeing as third party products are inside cars these days. If that happens, companies will get on board quickly.
Related
This entry was posted on October 2, 2026 at 8:59 am and is filed under Commentary with tags SBOM. You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
Automotive SBOM market projected to quadruple as security demands expand
The global automotive Software Bill of Materials (SBOM) market is projected to grow from $440 million in 2026 to $1.8 billion by 2034, according to a new Fortune Business Insights report.
The market is projected to grow at a 19.3% CAGR from 2026 through 2034, driven by software-defined vehicles, cybersecurity regulations, complex software supply chains and lifecycle vulnerability management.
Electric vehicles are projected to be the fastest-growing propulsion segment at a 22.4% CAGR, while buses and coaches are projected to be the fastest-growing vehicle segment at 23.7%. Tier 2 and lower-tier suppliers are projected to grow at 22.0%, while professional and managed SBOM services and vulnerability correlation, VEX and remediation-management solutions are each projected to grow at 20.4%.
The U.S. market is estimated at $80 million in 2026, representing approximately 19% of global revenue, while China is estimated at $110 million, or approximately 24.8%. The report also points to manufacturers increasingly moving from periodic SBOMs toward continuously generated SBOMs integrated into development and DevSecOps workflows.
Matt Wyckhouse, Founder & CEO, Finite State:
“The interesting thing about the growth of the SBOM market is that the SBOM itself is becoming table stakes. The hard problem isn’t producing a list of components; it’s continuously determining what’s actually inside increasingly complex vehicle software, whether a newly disclosed vulnerability creates real risk, and how quickly manufacturers and suppliers can respond. In automotive, that requires going well beyond traditional SCA and analyzing the firmware and binaries that actually ship in the vehicle.”
SBOM is one of the best ways to ensure that you don’t get pwned. Everybody should insist of seeing one before engaging a service or buying a product. Cars are a good example seeing as third party products are inside cars these days. If that happens, companies will get on board quickly.
Share this:
Like this:
Related
This entry was posted on October 2, 2026 at 8:59 am and is filed under Commentary with tags SBOM. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.