Global V2X Cybersecurity Market Size, Trends & Growth Opportunity, By Unit (On-Board Unit, and Roadside Unit), By Connectivity (DSRC, and Cellular), By Communication (V2V, V2I, V2G, V2C, and V2P), and By Security (PKI, and Embedded), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Report ID : IR100773 | Industries : Automotive and Transportation | Published On :March 2024 | Page Count : 15
Global V2X Cybersecurity Market Size, Trends & Growth Opportunity, By Unit (On-Board Unit, and Roadside Unit), By Connectivity (DSRC, and Cellular), By Communication (V2V, V2I, V2G, V2C, and V2P), and By Security (PKI, and Embedded), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Global V2X Cybersecurity Market
Global V2X Cybersecurity Market was valued at USD 1.15 billion in 2021 and is expected to reach USD 3.75 billion by 2027, at a CAGR 19.31% from 2022-2027.
V2X Cybersecurity is also referred to as Vehicle to Everything. This technology is based on various communications such as Vehicle to Infrastructure (V2I), Vehicle to Vehicle (V2V), and digital wireless communication which is collectively called as V2X and provides safety and privacy solutions.
The automotive cybersecurity industry consists of companies (organizations, sole proprietors, and partnerships) which sell products & services for the security of vehicles from cyberattacks and accidents.
Market Drivers
Large amounts of data generated by vehicles and increasing cyberattacks are considered as key driving factors which are expected to boost the global market growth. Furthermore, increasing technological advancements & innovations will have a positive impact on market growth. Moreover, rising demand for electric vehicles will positively influence the market growth during this forecast period.
Market Restraints
However, a complex ecosystem with multiple stakeholders is the major restraining factor which is expected to hinder the market growth. Also, lack of infrastructure for the operation of V2X communication is one of the factors hampering the revenue growth of the industry.
Market Segmentation
The Global V2X Cybersecurity Market is segmented into Unit such as On-Board Unit, and Roadside Unit, by connectivity such as DSRC, and Cellular, by communication such as V2V, V2I, V2G, V2C, and V2P.
Further, market is segmented into security such as PKI, and Embedded, and by vehicle type such as Passenger car, and Commercial Vehicle.
Regional Analysis
The Global V2X Cybersecurity Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The Asia Pacific region is estimated to hold the largest market share and witness noteworthy growth over the forecast period on the back of the high sales of V2X equipped vehicles, and increasing demand for cybersecurity solutions in the region.
Market Key Players
Various key players are discussed into the Global V2X Cybersecurity Market Report including: Infineon Technologies AG, AUTOCRYPT, Autotalks Ltd., ESCRYPT, HARMAN International, ID Quantique, IDnomic, Karamba Security, NXP Semiconductors, Vector Informatik GmbH, and Others.
For instance, in June 2019, HARMAN launched its new Dual Mode V2X system for enhancement of automotive safety and privacy. Dual Mode V2X system features both software & hardware into DSRC and cellular (5G) Vehicle-to-Everything networks removing the guesswork for numerous safety systems.
Market Taxonomy
By Unit
• On-Board Unit
• Roadside Unit
By Connectivity
• DSRC
• Cellular
By Communication
• V2V
• V2I
• V2G
• V2C
• V2P
By Security
• PKI
• Embedded
By Vehicle Type
• Passenger car
• Commercial Vehicle
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global V2X Cybersecurity Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global V2X Cybersecurity Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global V2X Cybersecurity Market, By Unit
5.1 Y-o-Y Growth Comparison, By Unit
5.2 Global V2X Cybersecurity Market Share Analysis, By Unit
5.3 Global V2X Cybersecurity Market Size and Forecast, By Unit
5.3.1 On-Board Unit
5.3.2 Road Side Unit
6 Global V2X Cybersecurity Market, By Connectivity
6.1 Y-o-Y Growth Comparison, By Connectivity
6.2 Global V2X Cybersecurity Market Share Analysis, By Connectivity
6.3 Global V2X Cybersecurity Market Size and Forecast, By Connectivity
6.3.1 DSRC
6.3.2 6 Cellular
7 Global V2X Cybersecurity Market, By Communication
7.1 Y-o-Y Growth Comparison, By Communication
7.2 Global V2X Cybersecurity Market Share Analysis, By Communication
7.3 Global V2X Cybersecurity Market Size and Forecast, By Communication
7.3.1 V2V
7.3.2 V2I
7.3.3 V2G
7.3.4 V2C
7.3.5 V2P
8 Global V2X Cybersecurity Market, By Security
8.1 Y-o-Y Growth Comparison, By Security
8.2 Global V2X Cybersecurity Market Share Analysis, By Security
8.3 Global V2X Cybersecurity Market Size and Forecast, By Security
8.3.1 PKI
8.3.2 Embedded
9 Global V2X Cybersecurity Market, By Vehicle Type
9.1 Y-o-Y Growth Comparison, By Vehicle Type
9.2 Global V2X Cybersecurity Market Share Analysis, By Vehicle Type
9.3 Global V2X Cybersecurity Market Size and Forecast, By Vehicle Type
9.3.1 Passenger Car
9.3.2 Commercial Vehicle
10 Global V2X Cybersecurity Market, By Region
10.1 Global V2X Cybersecurity Market Share Analysis, By Region
10.2 Global V2X Cybersecurity Market Share Analysis, By Region
10.3 Global V2X Cybersecurity Market Size and Forecast, By Region
11 North America V2X Cybersecurity Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 North America V2X Cybersecurity Market Share Analysis, By Unit
11.3 North America V2X Cybersecurity Market Size and Forecast, By Connectivity
11.4 North America V2X Cybersecurity Market Size and Forecast, By Communication
11.5 North America V2X Cybersecurity Market Size and Forecast, By Security
11.6 North America V2X Cybersecurity Market Size and Forecast, By Vehicle Type
11.7 North America V2X Cybersecurity Market Size and Forecast, By Country
11.7.1 U.S.
11.7.2 Canada
11.7.3 Mexico
12 Europe V2X Cybersecurity Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Europe V2X Cybersecurity Market Share Analysis, By Unit
12.3 Europe V2X Cybersecurity Market Size and Forecast, By Connectivity
12.4 Europe V2X Cybersecurity Market Size and Forecast, By Communication
12.5 Europe V2X Cybersecurity Market Size and Forecast, By Security
12.6 Europe V2X Cybersecurity Market Size and Forecast, By Vehicle Type
12.7 Europe V2X Cybersecurity Market Size and Forecast, By Country
12.7.1 Germany
12.7.2 France
12.7.3 UK
12.7.4 Rest of Europe
13 Asia Pacific V2X Cybersecurity Market Analysis and Forecast (2022 – 2027)
13.1 Introduction
13.2 Asia Pacific V2X Cybersecurity Market Share Analysis, By Unit
13.3 Asia Pacific V2X Cybersecurity Market Size and Forecast, By Connectivity
13.4 Asia Pacific V2X Cybersecurity Market Size and Forecast, By Communication
13.5 Asia Pacific V2X Cybersecurity Market Size and Forecast, By Security
13.6 Asia Pacific V2X Cybersecurity Market Size and Forecast, By Vehicle Type
13.7 Asia Pacific V2X Cybersecurity Market Size and Forecast, By Country
13.7.1 China
13.7.2 Japan
13.7.3 India
13.7.4 Rest of Asia Pacific
14 Latin America V2X Cybersecurity Market Analysis and Forecast (2022 – 2027)
14.1 Introduction
14.2 Latin America V2X Cybersecurity Market Share Analysis, By Unit
14.3 Latin America V2X Cybersecurity Market Size and Forecast, By Connectivity
14.4 Latin America V2X Cybersecurity Market Size and Forecast, By Communication
14.5 Latin America V2X Cybersecurity Market Size and Forecast, By Security
14.6 Latin America V2X Cybersecurity Market Size and Forecast, By Vehicle Type
14.7 Latin America V2X Cybersecurity Market Size and Forecast, By Country
14.7.1 Brazil
14.7.2 Rest of Latin America
15 Middle East V2X Cybersecurity Market Analysis and Forecast (2022 – 2027)
15.1 Introduction
15.2 Middle East V2X Cybersecurity Market Share Analysis, By Unit
15.3 Middle East V2X Cybersecurity Market Size and Forecast, By Connectivity
15.4 Middle East V2X Cybersecurity Market Size and Forecast, By Communication
15.5 Middle East V2X Cybersecurity Market Size and Forecast, By Security
15.6 Middle East V2X Cybersecurity Market Size and Forecast, By Vehicle Type
15.7 Middle East V2X Cybersecurity Market Size and Forecast, By Country
15.7.1 Saudi Arabia
15.7.2 UAE
15.7.3 Egypt
15.7.4 Kuwait
15.7.5 South Africa
16 Competitive Analysis
16.1 Competition Dashboard
16.2 Market share Analysis of Top Vendors
16.3 Key Development Strategies
17 Company Profiles
17.1 Infineon Technologies AG
17.1.1 Overview
17.1.2 Offerings
17.1.3 Key Financials
17.1.4 Business Segment & Geographic Overview
17.1.5 Key Market Developments
17.1.6 Key Strategies
17.2 AUTOCRYPT
17.2.1 Overview
17.2.2 Offerings
17.2.3 Key Financials
17.2.4 Business Segment & Geographic Overview
17.2.5 Key Market Developments
17.2.6 Key Strategies
17.3 Autotalks Ltd
17.3.1 Overview
17.3.2 Offerings
17.3.3 Key Financials
17.3.4 Business Segment & Geographic Overview
17.3.5 Key Market Developments
17.3.6 Key Strategies
17.4 ESCRYPT
17.4.1 Overview
17.4.2 Offerings
17.4.3 Key Financials
17.4.4 Business Segment & Geographic Overview
17.4.5 Key Market Developments
17.4.6 Key Strategies
17.5 HARMAN International
17.5.1 Overview
17.5.2 Offerings
17.5.3 Key Financials
17.5.4 Business Segment & Geographic Overview
17.5.5 Key Market Developments
17.5.6 Key Strategies
17.6 ID Quantique
17.6.1 Overview
17.6.2 Offerings
17.6.3 Key Financials
17.6.4 Business Segment & Geographic Overview
17.6.5 Key Market Developments
17.6.6 Key Strategies
17.7 IDnomic
17.7.1 Overview
17.7.2 Offerings
17.7.3 Key Financials
17.7.4 Business Segment & Geographic Overview
17.7.5 Key Market Developments
17.7.6 Key Strategies
17.8 Karamba Security
17.8.1 Overview
17.8.2 Offerings
17.8.3 Key Financials
17.8.4 Business Segment & Geographic Overview
17.8.5 Key Market Developments
17.8.6 Key Strategies
17.9 NXP Semiconductors
17.9.1 Overview
17.9.2 Offerings
17.9.3 Key Financials
17.9.4 Business Segment & Geographic Overview
17.9.5 Key Market Developments
17.9.6 Key Strategies
17.10 Vector Informatik GmbH
17.10.1 Overview
17.10.2 Offerings
17.10.3 Key Financials
17.10.4 Business Segment & Geographic Overview
17.10.5 Key Market Developments
17.10.6 Key Strategies