Global V2X Cybersecurity Market

V2X Cybersecurity is also referred as Vehicle to Everything. This technology is based on various communications such as Vehicle to Vehicle (V2V), Vehicle to Infrastructure (V2I), and digital wireless communication which collectively called as V2X and provides safety and privacy solutions.

Market Drivers

Large amount of data generated by vehicles and increase in cyberattacks is considered as key driving factors which are expected to boost the global market growth. Furthermore, increase in technological advancements and innovations will have the positive impact on market growth. For instance, in June 2019, HARMAN had launched its new Dual Mode V2X system for enhancement of automotive safety and privacy. HARMAN International is wholly owned subsidiary of Samsung Electronics focused on connected technologies for automotive, enterprise, and consumer markets. Dual Mode V2X system features both software and hardware into DSRC and cellular (5G) Vehicle-to-Everything networks removing the guesswork for numerous safety systems. Moreover, increase in demand for electric vehicles will positively influence the market growth during this forecast period.

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Market Restraints

However, complex ecosystem with multiple stakeholders is the major restraining factor which is expected to hinder the market growth.

Market Segmentation

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.

Also, Global V2X Cybersecurity Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Market Key Players

Various key players are discussed in this report such as Infineon Technologies AG, AUTOCRYPT, Autotalks Ltd., ESCRYPT, HARMAN International, ID Quantique, IDnomic, Karamba Security, NXP Semiconductors, and Vector Informatik GmbH

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

Key Questions Addressed by the Report

• What are the Key Opportunities in Global V2X Cybersecurity Market?
• What will be the growth rate from 2019 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
• What are the strategies adopted by key players?

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