Global V2X Cybersecurity Market

Global V2X Cybersecurity Market Size, Trends & Analysis - Forecasts 2026 By Unit Type (On- Board Unit (OBU), Roadside Unit (RSU)), By Form (In-Vehicle, External Cloud Services), By Communication Type (V2I, V2V, V2G, V2C, V2P), By Connectivity (DSRC (Dedicated Short-Range Communication), C-V2X (Cellular-V2X)), By Security Type (PKI, Embedded), By Vehicle Type (Passenger Car, Commercial Vehicle), By Region (North America, Europe, Asia-Pacific, MEA, CSA), Vendor Landscape, End-User Landscape, Company Market Share Analysis and Competitor Analysis

Category Electronics, Semiconductors and Information & Communication Technology

Format

This report was recently updated on April 17 2024 with the latest and most recent market numbers

V2X Cybersecurity Market Insights

The global V2X cybersecurity market is estimated to witness a significant CAGR during the forecast period (2020-2026). Rising demand for electric vehicles with connected car technologies is one of the significant factors driving the market growth. The V2X communication system utilizes a variety of connectivity options, networks, sensors, and tools that provide a huge volume of data to be examined. V2X communication plays an important role in the success of autonomous cars. However, big data increases complexity, and high capital investment expenses which in turn is likely to hamper the market growth over the coming years.

V2X Cybersecurity Market Size: By Form

Based on form, the market is segmented into in-vehicle and external cloud services. The external cloud services market is expected to grow at a high CAGR during the forecast period. External cloud is used in the SaaS model; allows companies to rent software, helps customers reduce and eliminate their IT assets. The external cloud aligns with current IO strategies of reducing IT capital, consolidation, and reducing IT operational costs leading to business innovation which further propels the segment growth. Furthermore, the In-vehicle segment is expected to hold the largest market share during the forecast period. The In-vehicle industry is powered by increasing vehicle production, technological advancements, remote monitoring, and the demand for luxury vehicles which is driving the market growth.

V2X Cybersecurity Market Size: By Security

Based on security, the market is segmented into PKI and embedded. The PKI (Public key Infrastructure) is expected to hold the largest market share during the forecast period. V2X PKI is a security framework for providing safety of vehicle. They are used to secure the environment by verifying the participant’s permissions with the usage of certificates.

V2X Cybersecurity Market Size: By Unit Type

Based on unit type, the market is segmented into the on-board unit (OBU), and roadside unit (RSU). The OBU segment is projected to hold the largest market share during the forecast period. The vehicle requires an OBU for all types of V2X communications such as V2V, V2I, and V2P. Also, the security of OBUs is essential which is driving the market growth.

V2X Cybersecurity Market Size: By Vehicle Type

Based on the vehicle type, the market is segmented into the passenger car and commercial vehicle. The passenger car segment is projected to hold the largest market share during the forecast period due to rise in demand for connected car technologies. The V2X cybersecurity market for the passenger car segment is designed to secure rising V2 G communications around the globe. Moreover, the number of connected passenger cars is more than commercial vehicles, and the number of passenger cars equipped with V2X technology is expected to propel the market growth.

V2X Cybersecurity Market Size: By Region

Based on region, the market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and Central & South America. North America region is expected to hold the largest market share during the forecast period due to increase in the demand for automobiles, and advent of the connected vehicle ecosystem. Moreover, growing investments in automotive cyber security is one of the significant factors expected to propel the market growth in the region.

V2X Cybersecurity Market Share and Competitor analysis

Some of the key players operating in the V2X cybersecurity market include: ESCRYPT, AutoTalks LTD., Auto Crypt, Continental, Onboard Security (Qualcomm), Harman International, NXP, APTIV, Karamba Security, Trillium Secure Inc., and Infineon Technologies AG, among others.

Please note: This is not an exhaustive list of companies profiled in the report.

In March 2020, AutoCrypt launched an advanced version of its BSM (Basic Safety Message) verification V2X technology, which the company claims to have a minimum of 30% enhanced speed and accuracy
In September 2019, Tech Mahindra announced a collaboration with enterprise technology, Keysight to help mobile operators in deploying 5G enabled devices. 5G device would enable the expansion of Vehicle to Everything (V2X) communication

Check the Press Release on Global V2X Cybersecurity Market Report

V2X Cybersecurity Market: By Unit Type

1. Introduction
  1. V2X Cybersecurity Market, By Unit Type, 2020-2026 (USD Million)
2. On- Board Unit (OBU)
  1. On- Board Unit (OBU): V2X Cybersecurity Market, 2020-2026 (USD Million)
3. Roadside Unit (RSU)
  1. Roadside Unit (RSU): V2X Cybersecurity Market, 2020-2026 (USD Million)

V2X Cybersecurity Market: By Form

1. Introduction
  1. V2X Cybersecurity Market, By Form, 2020-2026 (USD Million)
2. In-Vehicle
  1. In-Vehicle: V2X Cybersecurity Market, 2020-2026 (USD Million)
3. External Cloud Services
  1. External Cloud Services: V2X Cybersecurity Market, 2020-2026 (USD Million)

V2X Cybersecurity Market: By Communication Type

1. Introduction
  1. V2X Cybersecurity Market, By Communication Type, 2020-2026 (USD Million)
2. V2I
  1. V2I: V2X Cybersecurity Market, 2020-2026 (USD Million)
3. V2V
  1. V2V: V2X Cybersecurity Market, 2020-2026 (USD Million)
4. V2G
  1. V2G: V2X Cybersecurity Market, 2020-2026 (USD Million)
5. V2C
  1. V2C: V2X Cybersecurity Market, 2020-2026 (USD Million)
6. V2P
  1. V2P: V2X Cybersecurity Market, 2020-2026 (USD Million)

V2X Cybersecurity Market: By Connectivity

1. Introduction
  1. V2X Cybersecurity Market, By Connectivity, 2020-2026 (USD Million)
2. DSRC (Dedicated Short-Range Communication)
  1. DSRC (Dedicated Short-Range Communication): V2X Cybersecurity Market, 2020-2026 (USD Million)
3. C-V2X (Cellular-V2X)
  1. C-V2X (Cellular-V2X): V2X Cybersecurity Market, 2020-2026 (USD Million)

V2X Cybersecurity Market: By Security Type

1. Introduction
  1. V2X Cybersecurity Market, By Security Type, 2020-2026 (USD Million)
2. PKI
  1. PKI: V2X Cybersecurity Market, 2020-2026 (USD Million)
3. Embedded
  1. Embedded: V2X Cybersecurity Market, 2020-2026 (USD Million)

V2X Cybersecurity Market: By Vehicle Type

1. Introduction
  1. V2X Cybersecurity Market, By Vehicle Type, 2020-2026 (USD Million)
2. Passenger Car
  1. Passenger Car: V2X Cybersecurity Market, 2020-2026 (USD Million)
3. Commercial Vehicle
  1. Commercial Vehicle: V2X Cybersecurity Market, 2020-2026 (USD Million)

V2X Cybersecurity Market: By Region

Introduction
1. Global V2X Cybersecurity Market, Regional Analysis, 2020-2026 (USD Million)
North America
1. North America V2X Cybersecurity Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Unit Type
    1. North America V2X Cybersecurity Market, By Unit Type, 2020-2026 (USD Million)
  2. By Form
    1. North America V2X Cybersecurity Market, By Form, 2020-2026 (USD Million)
  3. By Communication Type
    1. North America V2X Cybersecurity Market, By Communication Type, 2020-2026 (USD Million)
  4. By Connectivity
    1. North America V2X Cybersecurity Market, By Connectivity, 2020-2026 (USD Million)
  5. By Security Type
    1. North America V2X Cybersecurity Market, By Security Type, 2020-2026 (USD Million)
  6. By Vehicle Type
    1. North America V2X Cybersecurity Market, By Vehicle Type, 2020-2026 (USD Million)
2. By Country
  1. U.S
    1. By Unit Type
      1. U.S V2X Cybersecurity Market, By Unit Type, 2020-2026 (USD Million)
    2. By Form
      1. U.S V2X Cybersecurity Market, By Form, 2020-2026 (USD Million)
    3. By Communication Type
      1. U.S V2X Cybersecurity Market, By Communication Type, 2020-2026 (USD Million)
    4. By Connectivity
      1. U.S V2X Cybersecurity Market, By Connectivity, 2020-2026 (USD Million)
    5. By Security Type
      1. U.S V2X Cybersecurity Market, By Security Type, 2020-2026 (USD Million)
    6. By Vehicle Type
      1. U.S V2X Cybersecurity Market, By Vehicle Type, 2020-2026 (USD Million)
  2. Canada.
    1. By Unit Type
      1. Canada V2X Cybersecurity Market, By Unit Type, 2020-2026 (USD Million)
    2. By Form
      1. Canada V2X Cybersecurity Market, By Form, 2020-2026 (USD Million)
    3. By Communication Type
      1. Canada V2X Cybersecurity Market, By Communication Type, 2020-2026 (USD Million)
    4. By Connectivity
      1. Canada V2X Cybersecurity Market, By Connectivity, 2020-2026 (USD Million)
    5. By Security Type
      1. Canada V2X Cybersecurity Market, By Security Type, 2020-2026 (USD Million)
    6. By Vehicle Type
      1. Canada V2X Cybersecurity Market, By Vehicle Type, 2020-2026 (USD Million)
  3. Mexico
    1. By Unit Type
      1. Mexico V2X Cybersecurity Market, By Unit Type, 2020-2026 (USD Million)
    2. By Form
      1. Mexico V2X Cybersecurity Market, By Form, 2020-2026 (USD Million)
    3. By Communication Type
      1. Mexico V2X Cybersecurity Market, By Communication Type, 2020-2026 (USD Million)
    4. By Connectivity
      1. Mexico V2X Cybersecurity Market, By Connectivity, 2020-2026 (USD Million)
    5. By Security Type
      1. Mexico V2X Cybersecurity Market, By Security Type, 2020-2026 (USD Million)
    6. By Vehicle Type
      1. Mexico V2X Cybersecurity Market, By Vehicle Type, 2020-2026 (USD Million)
  4. Europe
    1. Europe V2X Cybersecurity Market, Regional Analysis, 2020-2026 (USD Million)
      1. By Unit Type
        
        Europe V2X Cybersecurity Market, By Unit Type, 2020-2026 (USD Million)
      2. By Form
        
        Europe V2X Cybersecurity Market, By Form, 2020-2026 (USD Million)
      3. By Communication Type
        
        Europe V2X Cybersecurity Market, By Communication Type, 2020-2026 (USD Million)
      4. By Connectivity
        
        Europe V2X Cybersecurity Market, By Connectivity, 2020-2026 (USD Million)
      5. By Security Type
        
        Europe V2X Cybersecurity Market, By Security Type, 2020-2026 (USD Million)
      6. By Vehicle Type
        
        Europe V2X Cybersecurity Market, By Vehicle Type, 2020-2026 (USD Million)
      7. By Country
        
        Germany
        
        By Unit Type
        
        Germany V2X Cybersecurity Market, By Unit Type, 2020-2026 (USD Million)
        
        By Form
        
        Germany V2X Cybersecurity Market, By Form, 2020-2026 (USD Million)
        
        By Communication Type
        
        Germany V2X Cybersecurity Market, By Communication Type, 2020-2026 (USD Million)
        
        By Connectivity
        
        Germany V2X Cybersecurity Market, By Connectivity, 2020-2026 (USD Million)
        
        By Security Type
        
        Germany V2X Cybersecurity Market, By Security Type, 2020-2026 (USD Million)
        
        By Vehicle Type
        
        Germany V2X Cybersecurity Market, By Vehicle Type, 2020-2026 (USD Million)
        
        UK
        
        By Unit Type
        
        UK V2X Cybersecurity Market, By Unit Type, 2020-2026 (USD Million)
        
        By Form
        
        UK V2X Cybersecurity Market, By Form, 2020-2026 (USD Million)
        
        By Communication Type
        
        UK V2X Cybersecurity Market, By Communication Type, 2020-2026 (USD Million)
        
        By Connectivity
        
        UK V2X Cybersecurity Market, By Connectivity, 2020-2026 (USD Million)
        
        By Security Type
        
        UK V2X Cybersecurity Market, By Security Type, 2020-2026 (USD Million)
        
        By Vehicle Type
        
        UK V2X Cybersecurity Market, By Vehicle Type, 2020-2026 (USD Million)
        
        France
        
        By Unit Type
        
        France V2X Cybersecurity Market, By Unit Type, 2020-2026 (USD Million)
        
        By Form
        
        France V2X Cybersecurity Market, By Form, 2020-2026 (USD Million)
        
        By Communication Type
        
        France V2X Cybersecurity Market, By Communication Type, 2020-2026 (USD Million)
        
        By Connectivity
        
        France V2X Cybersecurity Market, By Connectivity, 2020-2026 (USD Million)
        
        By Security Type
        
        France V2X Cybersecurity Market, By Security Type, 2020-2026 (USD Million)
        
        By Vehicle Type
        
        France V2X Cybersecurity Market, By Vehicle Type, 2020-2026 (USD Million)
        
        Italy
        
        By Unit Type
        
        Italy V2X Cybersecurity Market, By Unit Type, 2020-2026 (USD Million)
        
        By Form
        
        Italy V2X Cybersecurity Market, By Form, 2020-2026 (USD Million)
        
        By Communication Type
        
        Italy V2X Cybersecurity Market, By Communication Type, 2020-2026 (USD Million)
        
        By Connectivity
        
        Italy V2X Cybersecurity Market, By Connectivity, 2020-2026 (USD Million)
        
        By Security Type
        
        Italy V2X Cybersecurity Market, By Security Type, 2020-2026 (USD Million)
        
        By Vehicle Type
        
        Italy V2X Cybersecurity Market, By Vehicle Type, 2020-2026 (USD Million)
        
        Rest Of Europe
        
        By Unit Type
        
        Rest Of Europe V2X Cybersecurity Market, By Unit Type, 2020-2026 (USD Million)
        
        By Form
        
        Rest Of Europe V2X Cybersecurity Market, By Form, 2020-2026 (USD Million)
        
        By Communication Type
        
        Rest Of Europe V2X Cybersecurity Market, By Communication Type, 2020-2026 (USD Million)
        
        By Connectivity
        
        Rest Of Europe V2X Cybersecurity Market, By Connectivity, 2020-2026 (USD Million)
        
        By Security Type
        
        Rest Of Europe V2X Cybersecurity Market, By Security Type, 2020-2026 (USD Million)
        
        By Vehicle Type
        
        Rest Of Europe V2X Cybersecurity Market, By Vehicle Type, 2020-2026 (USD Million)
  5. Asia Pacific
    1. Asia Pacific V2X Cybersecurity Market, Regional Analysis, 2020-2026 (USD Million)
      1. By Unit Type
        
        Asia Pacific V2X Cybersecurity Market, By Unit Type, 2020-2026 (USD Million)
      2. By Form
        
        Asia Pacific V2X Cybersecurity Market, By Form, 2020-2026 (USD Million)
      3. By Communication Type
        
        Asia Pacific V2X Cybersecurity Market, By Communication Type, 2020-2026 (USD Million)
      4. By Connectivity
        
        Europe V2X Cybersecurity Market, By Connectivity, 2020-2026 (USD Million)
      5. By Security Type
        
        Asia Pacific V2X Cybersecurity Market, By Security Type, 2020-2026 (USD Million)
      6. By Vehicle Type
        
        Asia Pacific V2X Cybersecurity Market, By Vehicle Type, 2020-2026 (USD Million)
      7. By Country
        
        China
        
        By Unit Type
        
        China V2X Cybersecurity Market, By Unit Type, 2020-2026 (USD Million)
        
        By Form
        
        China V2X Cybersecurity Market, By Form, 2020-2026 (USD Million)
        
        By Communication Type
        
        China V2X Cybersecurity Market, By Communication Type, 2020-2026 (USD Million)
        
        By Connectivity
        
        China V2X Cybersecurity Market, By Connectivity, 2020-2026 (USD Million)
        
        By Security Type
        
        China V2X Cybersecurity Market, By Security Type, 2020-2026 (USD Million)
        
        By Vehicle Type
        
        China V2X Cybersecurity Market, By Vehicle Type, 2020-2026 (USD Million)
        
        Japan
        
        By Unit Type
        
        Japan V2X Cybersecurity Market, By Unit Type, 2020-2026 (USD Million)
        
        By Form
        
        Japan V2X Cybersecurity Market, By Form, 2020-2026 (USD Million)
        
        By Communication Type
        
        Japan V2X Cybersecurity Market, By Communication Type, 2020-2026 (USD Million)
        
        By Connectivity
        
        Japan V2X Cybersecurity Market, By Connectivity, 2020-2026 (USD Million)
        
        By Security Type
        
        Japan V2X Cybersecurity Market, By Security Type, 2020-2026 (USD Million)
        
        By Vehicle Type
        
        Japan V2X Cybersecurity Market, By Vehicle Type, 2020-2026 (USD Million)
        
        India
        
        By Unit Type
        
        India V2X Cybersecurity Market, By Unit Type, 2020-2026 (USD Million)
        
        By Form
        
        India V2X Cybersecurity Market, By Form, 2020-2026 (USD Million)
        
        By Communication Type
        
        India V2X Cybersecurity Market, By Communication Type, 2020-2026 (USD Million)
        
        By Connectivity
        
        India V2X Cybersecurity Market, By Connectivity, 2020-2026 (USD Million)
        
        By Security Type
        
        India V2X Cybersecurity Market, By Security Type, 2020-2026 (USD Million)
        
        By Vehicle Type
        
        India V2X Cybersecurity Market, By Vehicle Type, 2020-2026 (USD Million)
  6. Central & South America
    1. Central & South America V2X Cybersecurity Market, Regional Analysis, 2020-2026 (USD Million)
      1. By Unit Type
        
        Central & South America V2X Cybersecurity Market, By Unit Type, 2020-2026 (USD Million)
      2. By Form
        
        Central & South America V2X Cybersecurity Market, By Form, 2020-2026 (USD Million)
      3. By Communication Type
        
        Central & South America V2X Cybersecurity Market, By Communication Type, 2020-2026 (USD Million)
      4. By Connectivity
        
        Central & South America V2X Cybersecurity Market, By Connectivity, 2020-2026 (USD Million)
      5. By Security Type
        
        Central & South America V2X Cybersecurity Market, By Security Type, 2020-2026 (USD Million)
      6. By Vehicle Type
        
        Central & South America V2X Cybersecurity Market, By Vehicle Type, 2020-2026 (USD Million)
      7. By Country
        
        Brazil
        
        By Unit Type
        
        Brazil V2X Cybersecurity Market, By Unit Type, 2020-2026 (USD Million)
        
        By Form
        
        Brazil V2X Cybersecurity Market, By Form, 2020-2026 (USD Million)
        
        By Communication Type
        
        Brazil V2X Cybersecurity Market, By Communication Type, 2020-2026 (USD Million)
        
        By Connectivity
        
        Brazil V2X Cybersecurity Market, By Connectivity, 2020-2026 (USD Million)
        
        By Security Type
        
        Brazil V2X Cybersecurity Market, By Security Type, 2020-2026 (USD Million)
        
        By Vehicle Type
        
        Brazil V2X Cybersecurity Market, By Vehicle Type, 2020-2026 (USD Million)
  7. Middle East & Africa
    1. Middle East & Africa V2X Cybersecurity Market, Regional Analysis, 2020-2026 (USD Million)
      1. By Unit Type
        
        Middle East & Africa V2X Cybersecurity Market, By Unit Type, 2020-2026 (USD Million)
      2. By Form
        
        Middle East & Africa V2X Cybersecurity Market, By Form, 2020-2026 (USD Million)
      3. By Communication Type
        
        Middle East & Africa V2X Cybersecurity Market, By Communication Type, 2020-2026 (USD Million)
      4. By Connectivity
        
        Middle East & Africa V2X Cybersecurity Market, By Connectivity, 2020-2026 (USD Million)
      5. By Security Type
        
        Middle East & Africa V2X Cybersecurity Market, By Security Type, 2020-2026 (USD Million)
      6. By Vehicle Type
        
        Middle East & Africa V2X Cybersecurity Market, By Vehicle Type, 2020-2026 (USD Million)
      7. By Country
        
        Saudi Arabia
        
        By Unit Type
        
        Saudi Arabia V2X Cybersecurity Market, By Unit Type, 2020-2026 (USD Million)
        
        By Form
        
        Saudi Arabia V2X Cybersecurity Market, By Form, 2020-2026 (USD Million)
        
        By Communication Type
        
        Saudi Arabia V2X Cybersecurity Market, By Communication Type, 2020-2026 (USD Million)
        
        By Connectivity
        
        Saudi Arabia V2X Cybersecurity Market, By Connectivity, 2020-2026 (USD Million)
        
        By Security Type
        
        Saudi Arabia V2X Cybersecurity Market, By Security Type, 2020-2026 (USD Million)
        
        By Vehicle Type
        
        Saudi Arabia V2X Cybersecurity Market, By Vehicle Type, 2020-2026 (USD Million)
        
        UAE
        
        By Unit Type
        
        UAE V2X Cybersecurity Market, By Unit Type, 2020-2026 (USD Million)
        
        By Form
        
        UAE V2X Cybersecurity Market, By Form, 2020-2026 (USD Million)
        
        By Communication Type
        
        UAE V2X Cybersecurity Market, By Communication Type, 2020-2026 (USD Million)
        
        By Connectivity
        
        UAE V2X Cybersecurity Market, By Connectivity, 2020-2026 (USD Million)
        
        By Security Type
        
        UAE V2X Cybersecurity Market, By Security Type, 2020-2026 (USD Million)
        
        By Vehicle Type
        
        UAE V2X Cybersecurity Market, By Vehicle Type, 2020-2026 (USD Million)

The global V2X Cybersecurity Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the V2X Cybersecurity Market.

V2X Cybersecurity Market

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

V2X Cybersecurity Market

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.

V2X Cybersecurity Market