V2X Cybersecurity Market

V2X Cybersecurity Market worth $3.2 billion by 2028

According to a research report "V2X Cybersecurity Market by Unit Type (OBU and RSU), Form (In-vehicle and External Cloud Services), Communication Type (V2I, V2V, V2G, V2C, and V2P), Security Type (PKI and Embedded), Connectivity Type, Vehicle Type and Region - Global Forecast to 2028" published by MarketsandMarkets, the global V2X cybersecurity market is projected to grow from USD 1.2 billion in 2022 to USD 3.2 billion by 2028, at a CAGR of 18.1%.

Browse 218 market data Tables and 77 Figures spread through 269 Pages and in-depth TOC on "V2X Cybersecurity Market by Unit Type (OBU and RSU), Form (In-vehicle and External Cloud Services), Communication Type (V2I, V2V, V2G, V2C, and V2P), Security Type (PKI and Embedded), Connectivity Type, Vehicle Type and Region - Global Forecast to 2028"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/v2x-cybersecurity-market-194480977.html

Factors such as developments in connected car technology, paired with increasing growth of automotive V2X market are expected to augment revenues for the V2X cybersecurity market. Rising sales of electric vehicles, in conjunction with development in autonomous vehicles will create favorable opportunities for this market.

Embedded segment is estimated to have larger share during the forecast period.

The embedded is expected to larger segment in the V2X cybersecurity market during the forecast period. The embedded segment of the V2X cybersecurity market is expected to dominate due to the wide range of embedded solutions available to secure V2X communications. Companies such as ESCRYPT (Germany), Green Hills Software (US), Infineon Technologies AG (Germany), AUTOCRYPT Co. Ltd. (South Korea), and Autotalks (Israel) have been offering embedded security solutions for V2X communications.

The automotive industry has been using embedded security systems in vehicles for a while now. Embedded security is already integrated into the OBU system as hardware or software. It is an essential part that gives an additional layer of security to V2X communications. With the continuously growing connected car technologies, security solution companies are providing advanced software to OEMs and V2X providers, which can be embedded into the system to protect all V2X communications.

V2V segment is expected to account for significant share in the V2X cybersecurity market during the forecast period

The V2V cybersecurity market is projected to be the second largest during the forecast period. V2V plays a critical role in offering safety, which is a key factor fueling the growth of V2V communications. The presence of a significant number of vehicles equipped with V2V, such as the Cadillac CTS and Mercedes-Benz E-Class, will make way for more automotive manufacturers to deploy V2V in their cars. Thus, increasing penetration of V2V would help drive the V2V cybersecurity market during the forecast period for secured V2V communications.

“Europe is expected to have significant share in the V2X cybersecurity market by 2028.”

Europe is expected to have significant growth in the V2X cybersecurity market during the forecast period. Europe presents a huge growth opportunity for the V2X cybersecurity market owing to the improved road infrastructure in conjunction with and rising trials related to C-V2X.  Many test and trials have been taking place over the years on C-V2X. Several of these are in partnership with the 5GAA- an association of top companies from telecommunication, automotive, and technology industries. In addition, Europe is home to some of the major V2X cybersecurity suppliers namely ESCRYPT (Germany), Infineon Technologies AG (Germany) and Continental AG (Germany). These companies have strong product portfolio as well as strong distribution networks at the global level.

Key Market Players

The V2X cybersecurity market is dominated by major players including ESCRYPT (Germany), Qualcomm Technologies, Inc. (US), Autotalks (Israel), AUTOCRYPT Co., Ltd. (Korea), and Continental AG (Germany). These companies offer V2Xs cybersecurity and have strong distribution networks at the global level.

Don’t miss out on business opportunities in V2X Cybersecurity Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

V2X Cybersecurity Market Size,  Share & Growth Report
Report Code
AT 7702
PR Published ON
10/3/2022
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the V2X Cybersecurity Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2023 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status
...

Digital Virtual Assistant - MarketsandMarkets

Home