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Growth In Connected Vehicles Driving Expansion Of The V2X Cybersecurity Market: A Key Factor Shaping the Future of the Vehicle-To-Everything (V2X) Cybersecurity Market in 2025
Vehicle-To-Everything (V2X) Cybersecurity
The rise in demand for connected vehicles is expected to significantly boost the growth of the vehicle-to-everything (V2X) cybersecurity market. Connected vehicles, equipped with internet connectivity and onboard sensors, can communicate with other devices, infrastructure, and networks, enhancing safety, convenience, and efficiency on the road. As consumer demand for smart vehicle features grows and technology continues to advance, the number of connected vehicles is increasing. V2X cybersecurity is essential to protect these vehicles and their data exchanges from cyber threats, ensuring secure communication between vehicles and infrastructure. According to Statistics Canada, the number of registered motor vehicles in Canada reached 26.3 million in 2022, a 0.3% increase from the previous year. This surge in connected vehicles will drive the demand for robust V2X cybersecurity solutions to protect these systems from potential cyberattacks.
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What is the future CAGR of the vehicle-to-everything (v2x) cybersecurity market, and how will it impact industry expansion?
The vehicle-to-everything (V2X) cybersecurity market has experienced exponential growth, rising from $1.99 billion in 2024 to $2.46 billion in 2025, with a CAGR of 23.5%. This surge is driven by high-profile cyberattacks, stringent cybersecurity regulations, rapid adoption of connected vehicles, the emergence of V2X communication standards, and the ongoing digital transformation of the automotive industry.
The vehicle-to-everything (V2X) cybersecurity market is expected to witness exponential growth, reaching $5.65 billion by 2029 at a compound annual growth rate (CAGR) of 23.2%. This growth is driven by increasing demand for user authentication, collaboration among the automotive, technology, and cybersecurity industries, exploration of blockchain for secure and tamper-resistant V2X data transmission, integration of IoT devices with V2X systems, and the rise of electric and autonomous vehicles. Key trends in the forecast period include technological advancements in the V2X ecosystem, developments in cryptography, integration of 5G technology, advancement in encryption and authentication methods to secure V2X communications, and the implementation of secure over-the-air (OTA) updates.
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Which key market segments comprise the vehicle-to-everything (v2x) cybersecurity market and drive its revenue growth?
The vehicle-to-everything (V2X) cybersecurity market covered in this report is segmented -
1) By Component: Hardware, Software, Services
2) By Security Type: Network Security, Cloud Security, Application Security, Other Security Types
3) By Unit: On-Board Units, Roadside Units
4) By Communication: Vehicle To Vehicle, Vehicle To Infrastructure, Vehicle To Pedestrian, Vehicle To Grid, Vehicle To Cloud, Other Communications
5) By Vehicle Type: Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle
Subsegments:
1) By Hardware: On-Board Units (OBUs), Roadside Units (RSUs), Communication Modules, Sensors, Security Gateways
2) By Software: Intrusion Detection Systems (IDS), Firewalls, Encryption Software, Authentication And Authorization Software, Security Management Software
3) By Services: Managed Services, Professional Services
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What regions are at the forefront of vehicle-to-everything (v2x) cybersecurity market expansion?
Asia-Pacific was the largest region in the vehicle-to-everything (V2X) cybersecurity market in 2024. The regions covered in the vehicle-to-everything (V2X) cybersecurity market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the vehicle-to-everything (v2x) cybersecurity market?
Major companies operating in the vehicle-to-everything (V2X) cybersecurity market are Robert Bosch GmbH, Qualcomm Technologies Inc., Continental AG, Aptiv PLC, Infineon Technologies AG, NXP Semiconductors, Harman International Industries Inc., Kapsch TrafficCom AG, ETAS, Vector Informatik GmbH, Danlaw Inc., Green Hills Software, Commsignia, Argus Cyber Security Ltd., AUTOCRYPT Co. Ltd., Autotalks, ID Quantique, Karamba Security, Upstream Security Ltd., HAAS Alert, RunSafe Security
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What Is Covered In The Vehicle-To-Everything (V2X) Cybersecurity Global Market Report?
•Market Size Forecast: Examine the vehicle-to-everything (v2x) cybersecurity market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the vehicle-to-everything (v2x) cybersecurity market for a structured understanding.
•Key Players Overview: Analyze major players in the vehicle-to-everything (v2x) cybersecurity market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the vehicle-to-everything (v2x) cybersecurity market.
•Segment Contributions: Evaluate how different segments drive overall growth in the vehicle-to-everything (v2x) cybersecurity market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the vehicle-to-everything (v2x) cybersecurity market.
•Industry Challenges: Identify potential risks and obstacles affecting the vehicle-to-everything (v2x) cybersecurity market.
•Competitive Landscape: Review strategic developments in the vehicle-to-everything (v2x) cybersecurity market, including expansions, agreements, and new product launches.
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