V2X Cybersecurity Market

Report Code AT 7702
Published in Feb, 2024, By MarketsandMarkets™
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V2X Cybersecurity Market by Form (In-vehicle and External Cloud Services), Communication Type (V2I, V2V, V2G, and V2P), Security Framework (PKI and Embedded), Security type, Connectivity Type, Propulsion, Vehicle Type and Region - Global Forecast to 2030

Overview

The global V2X cybersecurity market was valued at USD 43 million in 2023 and is expected to reach USD 778 million by 2030 and grow at a CAGR of 51.3% over the forecast period. The growth of the V2X cybersecurity market is driven by a confluence of factors that underscore the increasing connectivity and digitalization in the automotive industry. As vehicles become more integrated with communication technologies, including V2V (Vehicle-to-Vehicle) and V2I (Vehicle-to-Infrastructure), the susceptibility to cyber threats rises, necessitating robust cybersecurity solutions. The escalating adoption of connected and autonomous vehicles and the proliferation of smart infrastructure amplifies the attack surface for malicious actors, and government regulations mandating stringent cybersecurity measures further fuel market demand. Additionally, the growing awareness among automotive manufacturers and stakeholders about the potential risks associated with V2X communication systems propels investments in advanced cybersecurity solutions, fostering the expansion of the V2X cybersecurity market.

Attractive Opportunities in the V2X Cybersecurity Market

ASIA PACIFIC:

The market growth is driven by large amount of data generated by vehicles and increasing cyberattacks.

The European V2x cybersecurity market is projected to reach USD 168 million by 2030, registering a CAGR of 41.7% during the forecast period.

Increasing trend of connected and autonomous vehicle technologies prone to cyberattacks, which fuels the market growth.

The market growth in North America is driven by the presence of established OEMs.

Global V2X Cybersecurity Market Dynamics

Driver: Large amount of data generated by vehicles and increasing cyberattacks

An advanced V2X communication system is integral to developing connected and autonomous vehicles. A V2X communication system uses several connectivity options, networks, sensors, and devices that produce a massive amount of data to be analyzed. The privacy of this data must be ensured to avoid misuse. Upon successfully breaching the system, hackers access comprehensive data encompassing the driver, infrastructure, cloud, and vehicle. Additionally, V2X facilitates the connection of vehicles to smartphones, increasing the risk of potential unauthorized access by hackers to users' private information, which is commonly stored on the cloud. Companies such as ESCRYPT GmbH, Qualcomm Incorporated, HARMAN International, and AUTOCRYPT Co., Ltd. have developed sophisticated V2X cybersecurity and encryption systems to prevent cyberattacks on V2X communications.Cyberattacks in the automotive field have increased over the years. For instance, as per Upstream Security Ltd., the automotive industry is expected to lose a staggering USD 505 billion by 2024 to cyber-attacks. Hackers are now easily able to hack the vehicle remotely; approximately 97% of attacks are executed remotely, with 70% of such remote attacks occurring over long distances. Further, in 2022, there was a 380% increase in automotive API attacks, constituting 12% of the total incidents. This occurred despite OEMs implementing advanced IT cybersecurity protections. Thus, increasing cyberattacks would drive the V2X cybersecurity market.

Restrain: Complex ecosystem with multiple stakeholders

The automotive industry is now becoming the focus area for many non-automotive suppliers. As the value chain is fragmented among all types of industries, revenue distribution has become a tough task for stakeholders. Developing countermeasures in the V2X cybersecurity market is very difficult due to the lack of standardization of cybersecurity solutions. The cybersecurity solutions depend on the specifications given by OEMs. These solutions vary due to different platforms in the same vehicle model and differences in electronic architecture, connectivity, and software. As a result, V2X cybersecurity solution providers face integration risks in dealing with threats and vulnerabilities of a vehicle.The inherited nature of buying all the components of V2X systems from various suppliers and assembling them into one system can make the overall system more vulnerable. Every supplier has its own platform of electronic components, software, platform, and connection modules, making it difficult for cybersecurity solution providers. Hence, regardless of the strength of individual components, poor integration of these components can lead to exposure to cyberattacks. Therefore, it is necessary to release standards for cybersecurity products and services throughout the value chain stakeholders to make vehicles with V2X systems less vulnerable to cyberattacks.

Opportunity: Increasing trend of connected and autonomous vehicle technologies prone to cyberattacks

Connected and autonomous vehicles are considered the future of automobiles, and V2X technology will play an important role in this evolution. Connected and autonomous vehicles rely on advanced V2X technologies and systems to collect and share real-time data. Autonomous vehicles are gaining an unprecedented amount of traction. Companies such as Mercedes Benz, BMW, Continental AG, and BYD invest heavily in their R&D capabilities to revolutionize traditional driving. For instance, in January 2024, BYD was granted a Level 3 Advanced Driver Assistance Systems (ADAS) testing license for China's high-speed roads, making it the first company in China to receive such a license. Continental and Aurora have also unveiled the world's first scalable Level 4 autonomous truck system.Similarly, Google, NVIDIA, Uber, and Tesla are ramping up their investments to bring autonomous vehicles on the road, which would comply with all the statutory rules and regulations and make driving a seamless experience. For instance, in January 2024, Ansys and NVIDIA formed a partnership to enhance the development of autonomous vehicles. The growth of autonomous vehicles offers unparalleled opportunities to cloud providers, OEMs, and other stakeholders to collaborate and partner with automotive companies to leverage this growth. The agreement between Daimler AG, manufacturer of Mercedes-Benz, and Uber Technologies Inc. to develop self-service vehicles is another instance that suggests autonomous vehicles will be a reality soon. The advent of autonomous vehicles will increase cybersecurity threats and drive the V2X cybersecurity market in the automotive industry. Autonomous cars are still developing and are being tested on the roads in Texas, Arizona, California, Pennsylvania, Washington, and Michigan under specific test areas and driving conditions. According to automotive experts, these cars would soon become a mainstream reality. Companies such as NVIDIA, Qualcomm Incorporated, Autotalks, among others have started developing components and systems for autonomous vehicle development. For instance, NVIDIA has developed a software-based platform for the automotive industry, especially for transportation applications, which would help develop autonomous driving technologies on a large scale. These developments would offer several opportunities to cloud and cybersecurity service providers, including V2X cybersecurity solution providers, to partner with automotive companies to advance the driving revolution with robust vehicle security.

Challenges: Need for keeping up with continuous evolution in V2X ecosystem

V2X communication is continuously evolving due to the introduction of advanced technologies. For instance, the key issue with the performance of V2X is low latency and high reliability. IEEE 802.11p-based DSRC uses CSMA/CA (Carrier Sense Multiple Access protocols with Collision Avoidance) mechanisms to avoid collisions. DSRC is expected to offer high reliability, but its performance diminishes in a dense vehicle environment. LTE-V2X has more reliable latency and provides less interference, less than 100 ms. In a dense vehicle environment, a communication delay of less than 100 ms offered by LTE-V2X is insufficient, which could put the driver's life in danger. 5G-V2X is expected to overcome the shortcomings of DSRC and LTE-V2X. The 5G network will delay communication of less than 1 ms with a stability of 99.99%. The 5G-V2X will thus be able to support automated driving-oriented V2X services. Further, 6G brings forth notable enhancements, both in terms of speed and intelligence. With a remarkable speed advantage, being 100 times faster than 5G, it is heralded as the most intelligent and efficient cellular network. V2X cybersecurity solution providers must emphasize continuous R&D of security solutions to cope with these continuously changing technologies.Hackers try to find new ways to breach the system irrespective of the changing V2X communication technologies and V2X security solutions. Thus, cybersecurity companies must track the loopholes and provide quick OTA updates to counter these attacks. Apart from cyberattacks, the security protocols and standards will keep changing, whether due to governments or automotive authorities. Therefore, V2X cybersecurity solution providers must be aware of them and keep updating the systems.

Global V2X Cybersecurity Market Ecosystem Analysis

Internal Combustion Engine (ICE) vehicle segment is estimated to hold a significant share of V2X cybersecurity market during the forecast period Internal Combustion Engine (ICE) is currently the dominant technology in the global vehicle market. An ICE consists of a cylinder and piston mechanism that converts the chemical energy of gasoline fuel into mechanical energy to drive the vehicle. As far as ICE vehicles are concerned, the key functions of the V2X are the V2V and V2I. V2V helps increase vehicle safety, while V2I helps optimize traffic, which helps improve vehicle fuel economy. The steady demand for ICE vehicles is likely to increase the demand for automotive technology, systems, and components. This, in turn, will also increase the need for cybersecurity to secure these advanced technologies.

Software Security segment expected to be larger segment during the forecast period

Software security is crucial for V2X cybersecurity as it protects the integrity, confidentiality, and availability of communication between vehicles and their surroundings. Robust security measures prevent unauthorized access, data tampering, and malicious attacks, ensuring the safety and reliability of V2X systems in the rapidly evolving landscape of connected and autonomous vehicles. The increasing penetration of V2V and V2I technology is likely to support the revenue growth of the software security segment of the V2X cybersecurity market. V2V feature helps in enhancing the safety warning capabilities such as forward collision warning (FCW), blind spot warning (BSW), lane changing warning (LCW), and do-not-pass warning (DNPW). Some key safety applications that can be achieved only through V2V are intersection movement assist (IMA), left turn assist (LTA), and emergency electronic brake light. On the other hand, in V2I technology, the exchange of data takes place wirelessly between the road infrastructure and vehicles V2I is used in ITS (Intelligent Transport System) to capture traffic data generated by the vehicles and offer information from the infrastructure to the vehicles. The technologies used under V2I include intelligent traffic systems (ITS), emergency vehicle notification, passenger information systems, fleet and asset management, and parking management systems. Vehicle-to-infrastructure (V2I) is also important for parking management in smart cities. In this V2I technology, vehicles and parking lots are connected so that the vehicle owner/driver gets information on which/where parking spaces are available. This solution makes parking occupancy tracking easier for parking lot owners and operators. Hence, for having secured V2V and V2I communication, software security plays a vital role.

ASIA PACIFIC Region Holds the Largest Share of the V2X Cybersecurity Market.

The Asia Pacific region is poised to become the largest market for V2X cybersecurity by 2030, driven by substantial sales of V2X-equipped vehicles that set a precedent for other automotive OEMs to integrate this technology. This surge in adoption is expected to elevate the demand for cybersecurity solutions. Notably, Asia Pacific hosts key players in the V2X cybersecurity market, including Autotalks and AUTOCRYPT Co. Ltd. The region's increasing penetration of electric vehicles and connected car features is poised to boost the demand for V2X cybersecurity further. Countries such as China, Japan, and South Korea in Asia Pacific are anticipated to lead in 5G adoption, with the advancements in 5G enabling cellular connectivity and subsequently driving the adoption of V2X technology. This heightened adoption underscores the imperative need for cybersecurity to secure V2X communication, thereby fueling the growth of the Asia Pacific V2X cybersecurity market throughout the forecast period.

Recent Developments of V2X Cybersecurity Market industry

  • In January 2024, AUTOCRYPT and Cohda Wireless have formalized a Memorandum of Understanding (MOU) during CES 2024, outlining their collaborative efforts to develop a security-integrated Vehicle-to-Everything (V2X) solution. In June 2023, Autotalks and Infineon Technologies AG have formed a collaborative partnership to develop advanced Vehicle-to-Everything (V2X) solutions. In this collaboration, Infineon will contribute its automotive-grade HyperRam 3.0 memory to be integrated into Autotalks' V2X reference designs, namely Tekton3 and Secton3.
  • In May 2023, Qualcomm Incorporated declared that its subsidiary, Qualcomm Technologies, Inc., had entered into a definitive agreement to acquire Autotalks. In January 2022, AUTOCRYPT Co., Ltd. launched AutoCrypt SCMS Version 5.0, a Security Credential Management Security (SCMS) for Vehicle-to-Everything (V2X) communications and a crucial component of its AutoCrypt V2X security solution. The SCMS would be important for autonomous driving as it would sign and verify the messages transmitted through V2X communication to ensure safety and security.

Key Market Players

KEY PLAYERS IN THE V2X Cybersecurity Market INCLUDE

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Scope of the Report

Report Attribute Details
Market size available for years 2019–2030
Base year considered 2022
Forecast period 2023-2030
Forecast units Value (USD Million/Billion)
Segments covered Connectivity, Communication, Vehicle Type, Security Framework, Form, Propulsion, Security Type and Region.
Geographies covered Asia Pacific, Europe, North America, and RoW
Companies Covered ESCRYPT GmbH (Germany), Qualcomm Incorporated (US), Autotalks (Israel), AUTOCRYPT Co., Ltd. (Korea), and Continental AG (Germany). Total 21 major players across four regions covered

Key Questions Addressed by the Report

What is the current size of the global V2X cybersecurity market?
The global V2X cybersecurity market is projected to grow from USD 43 million in 2023 to USD 778 million by 2030, at a CAGR of 51.3%.
Who are the winners in the global V2X cybersecurity market?
The V2X cybersecurity market is dominated by major players including ESCRYPT GmbH (Germany), Qualcomm Technologies, Inc. (US), Autotalks (Israel), AUTOCRYPT Co., Ltd. (Korea), and Continental AG (Germany).
Which region will have the largest market for V2X cybersecurity?
The Asia Pacific region will have the largest market for V2X cybersecurity due to commercialization of 5G technology and increasing trials pertaining to Cellular-V2X technology in the region.
Which country will have the significant demand for V2X cybersecurity in the APAC region?
China will be the significant market for V2X cybersecurity due to strong government support towards Cellular-V2X technology.
What are the key market trends impacting the growth of the V2X cybersecurity market?
Virtual Security Operations Centre (VSOC), C-V2X, LTE-V2X, and 5G-V2X are the key market trends or technologies which will have major impact on the V2X cybersecurity market in the future.

 

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Table Of Contents

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TITLE
PAGE NO
INTRODUCTION
23
RESEARCH METHODOLOGY
32
EXECUTIVE SUMMARY
47
PREMIUM INSIGHTS
51
MARKET OVERVIEW
56
  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    DRIVERS
    - Rising cyberattacks in automotive sector
    - Booming global automotive V2X market
    - Advancements in autonomous vehicle technologies
    - Reinforcement of mandates by regulatory bodies for vehicle data protection
    RESTRAINTS
    - Complex integration of V2X system components
    - Lack of dedicated infrastructure for V2X communication in emerging economies
    - Underdeveloped regulatory frameworks for V2X cybersecurity
    OPPORTUNITIES
    - Growing trend of connected and autonomous vehicle technologies
    - Rapid adoption of electric vehicles
    - Availability of specialized cyber insurance policies
    CHALLENGES
    - Rapidly evolving V2X ecosystem
    - Prevalence of legacy systems in existing vehicles
    IMPACT OF MARKET DYNAMICS
  • 5.3 SUPPLY CHAIN ANALYSIS
  • 5.4 KEY STAKEHOLDERS AND BUYING CRITERIA
    KEY STAKEHOLDERS IN BUYING PROCESS
    BUYING CRITERIA
  • 5.5 V2X CYBERSECURITY THREATS AND SOLUTIONS
    STANDARDS
    SERVICES
    RECENT DEVELOPMENTS
    EUROPEAN TELECOMMUNICATIONS STANDARDS INSTITUTE (ETSI)
  • 5.6 TECHNOLOGY ANALYSIS
    INTRODUCTION
    INTELLIGENT TRANSPORT SYSTEM
    COOPERATIVE INTELLIGENT TRANSPORT SYSTEM
    CELLULAR VEHICLE-TO-EVERYTHING
    LTE-V2X
    5G-V2X
    BLOCKCHAIN TECHNOLOGY
    EDGE COMPUTING
    6G-V2X
    VEHICLE SECURITY OPERATION CENTER
  • 5.7 ECOSYSTEM MAPPING
    OEMS
    TIER 1 INTEGRATORS
    TECHNOLOGY PROVIDERS
    SOFTWARE PROVIDERS
    SECURITY SOLUTION PROVIDERS
  • 5.8 INVESTMENT SCENARIO
  • 5.9 DEVELOPMENTS IN AUTOMOTIVE V2X MARKET, BY OEM
    MERCEDES-BENZ
    BMW
    FORD MOTOR COMPANY
    BYD
    GENERAL MOTORS
    HONDA MOTOR COMPANY
    GEELY
    HYUNDAI
    MITSUBISHI MOTORS CORPORATION
    NIO
    NISSAN MOTOR CO. LTD.
    SAIC MOTOR
    VOLVO CARS
    TOYOTA MOTOR CORPORATION
  • 5.10 KEY CHARACTERISTICS OF V2X ATTACKS
  • 5.11 SECURITY ASSESSMENT AND VIRTUALIZATION PLATFORMS FOR V2X COMMUNICATION
  • 5.12 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
  • 5.13 PATENT ANALYSIS
    INTRODUCTION
    TOP PATENT APPLICANTS, 2014–2023
  • 5.14 CASE STUDIES
    V2X CYBERSECURITY IN CHINA'S C-ITS INITIATIVE
    SAVARI'S SUCCESS WITH INFINEON'S ESE INTEGRATION
    V2X COMMUNICATION IN THAILAND’S SMART TRANSPORT
    PILOT PROJECT ON SAN DIEGO ROADWAYS
    MARVELL’S 802.11AX SOLUTION FOR SECURITY OF CONNECTED VEHICLES
    RECTIFICATION OF SOFTWARE BUGS IN FIAT CHRYSLER'S VEHICLE RECALL
    DEMONSTRATION ON POTENTIAL CYBER THREATS BY GUARDKNOX
    DETECTION OF CYBER THREATS WITH ARCRAN'S ISECV SOLUTION
  • 5.15 REGULATORY LANDSCAPE
  • 5.16 KEY CONFERENCE AND EVENTS, 2024–2025
AUTOMOTIVE V2X MARKET, BY CONNECTIVITY
125
  • 6.1 INTRODUCTION
    OPERATIONAL DATA
  • 6.2 DEDICATED SHORT-RANGE COMMUNICATION (DSRC)
    VULNERABILITY TO CYBERATTACKS TO DRIVE MARKET
  • 6.3 CELLULAR VEHICLE-TO-EVERYTHING (C-V2X)
    SUPERIOR EFFICIENCY AND SAFETY TO DRIVE MARKET
  • 6.4 KEY PRIMARY INSIGHTS
V2X CYBERSECURITY MARKET, BY COMMUNICATION
134
  • 7.1 INTRODUCTION
    OPERATIONAL DATA
  • 7.2 VEHICLE-TO-VEHICLE (V2V)
    IMPROVEMENTS IN SAFETY WARNING CAPABILITIES TO DRIVE MARKET
  • 7.3 VEHICLE-TO-INFRASTRUCTURE (V2I)
    FOCUS ON SMART INFRASTRUCTURE TO DRIVE MARKET
  • 7.4 VEHICLE-TO-PEDESTRIAN (V2P)
    RISE IN PEDESTRIAN SAFETY CONCERNS TO DRIVE MARKET
  • 7.5 VEHICLE-TO-GRID (V2G)
    OPERATIONAL BENEFITS OF TWO-WAY ENERGY EXCHANGE TO DRIVE MARKET
  • 7.6 KEY PRIMARY INSIGHTS
V2X CYBERSECURITY MARKET, BY VEHICLE TYPE
143
  • 8.1 INTRODUCTION
    OPERATIONAL DATA
  • 8.2 PASSENGER CARS
    GROWING CUSTOMER DEMAND FOR CONNECTED CARS TO DRIVE MARKET
  • 8.3 COMMERCIAL VEHICLES
    V2X DEPLOYMENT IN COMMERCIAL FLEET VEHICLES TO DRIVE MARKET
  • 8.4 KEY PRIMARY INSIGHTS
V2X CYBERSECURITY MARKET, BY SECURITY FRAMEWORK
150
  • 9.1 INTRODUCTION
    OPERATIONAL DATA
  • 9.2 PUBLIC KEY INFRASTRUCTURE (PKI)
    EMPHASIS ON CONNECTED VEHICLE TECHNOLOGY TO DRIVE MARKET
  • 9.3 EMBEDDED
    SAFETY ASSURANCE IN CONNECTED ENVIRONMENTS TO DRIVE MARKET
  • 9.4 KEY PRIMARY INSIGHTS
V2X CYBERSECURITY MARKET, BY FORM
156
  • 10.1 INTRODUCTION
    OPERATIONAL DATA
  • 10.2 IN-VEHICLE
    RAPID DEVELOPMENT OF V2X-ENABLED VEHICLES TO DRIVE MARKET
  • 10.3 EXTERNAL CLOUD SERVICE
    INTEGRATION OF 5G NETWORK IN CONNECTED VEHICLES TO DRIVE MARKET
  • 10.4 KEY PRIMARY INSIGHTS
V2X CYBERSECURITY MARKET, BY PROPULSION
162
  • 11.1 INTRODUCTION
    OPERATIONAL DATA
  • 11.2 INTERNAL COMBUSTION ENGINE (ICE)
    NEED FOR CYBERSECURITY IN ADVANCED AUTOMOTIVE TECHNOLOGIES TO DRIVE MARKET
  • 11.3 ELECTRIC
    EASE OF V2X ADOPTION IN EV ARCHITECTURE TO DRIVE MARKET
  • 11.4 KEY PRIMARY INSIGHTS
V2X CYBERSECURITY MARKET, BY SECURITY TYPE
168
  • 12.1 INTRODUCTION
    OPERATIONAL DATA
  • 12.2 ENDPOINT SECURITY
    GROWING V2V DEPLOYMENT BY OEMS FOR ENHANCED SAFETY TO DRIVE MARKET
  • 12.3 SOFTWARE SECURITY
    RISING PENETRATION OF V2V AND V2I TECHNOLOGIES TO DRIVE MARKET
  • 12.4 CLOUD SECURITY
    OVER-RELIANCE ON CLOUD-BASED SERVICES TO DRIVE MARKET
  • 12.5 KEY INDUSTRY INSIGHTS
V2X CYBERSECURITY MARKET, BY REGION
175
  • 13.1 INTRODUCTION
  • 13.2 ASIA PACIFIC
    RECESSION IMPACT ANALYSIS
    CHINA
    - Government support and OEMs shifting to C-V2X to drive market
    JAPAN
    - Rising adoption of V2X technologies to drive market
    SOUTH KOREA
    - Technological advancements to drive market
    INDIA
    - Plans to equip V2X technology in new-generation vehicles to drive market
  • 13.3 EUROPE
    RECESSION IMPACT ANALYSIS
    GERMANY
    - Increase in C-V2X trials and tests to drive market
    FRANCE
    - Government-funded projects for V2X development to drive market
    UK
    - Government initiatives for implementing V2X to drive market
    ITALY
    - Testing of V2X technology for platooning to drive market
    SPAIN
    - Focus on 5G infrastructure development to drive market
  • 13.4 NORTH AMERICA
    RECESSION IMPACT ANALYSIS
    US
    - Increasing V2X adoption by leading OEMs to drive market
    CANADA
    - Presence of innovative V2X start-ups to drive market
    MEXICO
    - Flourishing automotive sector to drive market
  • 13.5 REST OF THE WORLD
    RECESSION IMPACT ANALYSIS
    BRAZIL
    - Government initiatives for vehicle safety to drive market
    ARGENTINA
    - Presence of start-ups offering V2X technology to drive market
COMPETITIVE LANDSCAPE
197
  • 14.1 OVERVIEW
  • 14.2 STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2023
  • 14.3 RANKING ANALYSIS, 2023
  • 14.4 REVENUE ANALYSIS, 2018–2022
  • 14.5 COMPANY VALUATION AND FINANCIAL METRICS
  • 14.6 BRAND/PRODUCT COMPARISON
  • 14.7 COMPANY EVALUATION MATRIX, 2023
    STARS
    EMERGING LEADERS
    PERVASIVE PLAYERS
    PARTICIPANTS
    COMPANY FOOTPRINT
  • 14.8 START-UP/SME EVALUATION MATRIX, 2023
    PROGRESSIVE COMPANIES
    RESPONSIVE COMPANIES
    DYNAMIC COMPANIES
    STARTING BLOCKS
    COMPETITIVE BENCHMARKING
  • 14.9 COMPETITIVE SCENARIO
    PRODUCT LAUNCHES/DEVELOPMENTS
    DEALS
    EXPANSIONS
COMPANY PROFILES
210
  • 15.1 KEY PLAYERS
    ESCRYPT GMBH
    - Business overview
    - Products offered
    - Recent developments
    - MnM view
    QUALCOMM INCORPORATED
    - Business overview
    - Products offered
    - Recent developments
    - MnM view
    AUTOTALKS
    - Business overview
    - Products offered
    - Recent developments
    - MnM view
    AUTOCRYPT CO., LTD.
    - Business overview
    - Products offered
    - Recent developments
    - MnM view
    CONTINENTAL AG
    - Business overview
    - Products offered
    - Recent developments
    - MnM view
    GREEN HILLS SOFTWARE
    - Business overview
    - Products offered
    - Recent developments
    KARAMBA SECURITY
    - Business overview
    - Products offered
    - Recent developments
    ID QUANTIQUE
    - Business overview
    - Products offered
    - Recent developments
    NXP SEMICONDUCTORS N.V.
    - Business overview
    - Products offered
    - Recent developments
    INFINEON TECHNOLOGIES AG
    - Business overview
    - Products offered
    - Recent developments
    HARMAN INTERNATIONAL
    - Business overview
    - Products offered
    - Recent developments
    APTIV PLC
    - Business overview
    - Products offered
    - Recent developments
  • 15.2 OTHER KEY PLAYERS
    ATOS SE
    SECUNET SECURITY NETWORKS AG
    CAPGEMINI ENGINEERING
    VECTOR INFORMATIK GMBH
    STMICROELECTRONICS
    LEAR CORPORATION
    CERTICOM CORP
    DENSO CORPORATION
    SAFERIDE TECHNOLOGIES LTD.
RECOMMENDATIONS BY MARKETSANDMARKETS
259
  • 16.1 ASIA PACIFIC TO BE LARGEST MARKET FOR V2X CYBERSECURITY
  • 16.2 C-V2X TECHNOLOGY TO DRIVE FUTURE OF INTELLIGENT TRANSPORTATION
  • 16.3 V2G COMMUNICATION TO EMERGE AS PROMISING TECHNOLOGY
  • 16.4 CONCLUSION
APPENDIX
261
  • 17.1 KEY INSIGHTS FROM INDUSTRY EXPERTS
  • 17.2 DISCUSSION GUIDE
  • 17.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
  • 17.4 CUSTOMIZATION OPTIONS
    V2X CYBERSECURITY MARKET, BY CONNECTIVITY TYPE, AT COUNTRY LEVEL (FOR COUNTRIES COVERED IN REPORT)
    COMPANY INFORMATION
    - Profiling of additional market players (Up to Five)
    - Additional countries for region (Up to Three)
  • 17.5 RELATED REPORTS
  • 17.6 AUTHOR DETAILS
LIST OF TABLES
 
  • TABLE 1 MARKET DEFINITION, BY COMMUNICATION
  • TABLE 2 MARKET DEFINITION, BY VEHICLE TYPE
  • TABLE 3 MARKET DEFINITION, BY CONNECTIVITY
  • TABLE 4 MARKET DEFINITION, BY PROPULSION
  • TABLE 5 MARKET DEFINITION, BY SECURITY FRAMEWORK
  • TABLE 6 MARKET DEFINITION, BY SECURITY FORM
  • TABLE 7 MARKET DEFINITION, BY SECURITY TYPE
  • TABLE 8 INCLUSIONS AND EXCLUSIONS
  • TABLE 9 CURRENCY EXCHANGE RATES
  • TABLE 10 C-V2X-EQUIPPED VEHICLES
  • TABLE 11 SAFETY FACTS CONCERNING V2X COMMUNICATION
  • TABLE 12 BASE STANDARDS FOR SECURITY AND PRIVACY IN ETSI’S INTELLIGENT TRANSPORT SYSTEMS
  • TABLE 13 PROJECTS UNDERTAKEN BY VARIOUS COMPANIES FOR V2G AND VPP
  • TABLE 14 VEHICULAR COMMUNICATION TECHNOLOGIES
  • TABLE 15 IMPACT OF MARKET DYNAMICS
  • TABLE 16 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF V2X CYBERSECURITY (%)
  • TABLE 17 KEY BUYING CRITERIA FOR V2X CYBERSECURITY
  • TABLE 18 AUTOMOTIVE CYBERSECURITY THREATS AND SOLUTIONS
  • TABLE 19 C-ITS STANDARDS
  • TABLE 20 C-ITS SERVICES
  • TABLE 21 RECENT DEVELOPMENTS, 2017–2023
  • TABLE 22 ETSI STANDARDS
  • TABLE 23 TRAFFIC SIMULATORS FOR V2X COMMUNICATION
  • TABLE 24 CUMULATIVE GAIN WHILE USING 5G NR (NEW RADIO) C-V2X
  • TABLE 25 COMPARISON OF IEEE802.11P AND LTE-V2X
  • TABLE 26 ADVANCEMENTS IN 5G NR OVER 4G LTE
  • TABLE 27 5G-V2X USE CASE PERFORMANCES
  • TABLE 28 COMPARISON BETWEEN 6G AND OTHER CELLULAR TECHNOLOGIES
  • TABLE 29 ROLE OF COMPANIES IN ECOSYSTEM
  • TABLE 30 PATENT ANALYSIS
  • TABLE 31 V2X COMMUNICATION REGULATIONS
  • TABLE 32 US AND EU SPECIFICATION STANDARDS
  • TABLE 33 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 34 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 35 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 36 KEY CONFERENCES AND EVENTS, 2024–2025
  • TABLE 37 DSRC VS. C-V2X
  • TABLE 38 DIFFERENCE BETWEEN DSRC AND C-V2X
  • TABLE 39 AUTOMOTIVE V2X MARKET, BY CONNECTIVITY, 2019–2022 (THOUSAND UNITS)
  • TABLE 40 AUTOMOTIVE V2X MARKET, BY CONNECTIVITY, 2023–2030 (THOUSAND UNITS)
  • TABLE 41 COMPANIES OFFERING V2X SOLUTIONS, BY CONNECTIVITY
  • TABLE 42 USE CASES AND QUALITY OF SERVICE REQUIREMENTS OF V2X APPLICATIONS
  • TABLE 43 DSRC V2X MARKET, BY REGION, 2019–2022 (THOUSAND UNITS)
  • TABLE 44 DSRC V2X MARKET, BY REGION, 2023–2030 (THOUSAND UNITS)
  • TABLE 45 PERFORMANCE OF DSRC VS. C-V2X
  • TABLE 46 V2X STANDARDS FOR VARIOUS COMMUNICATION RANGES
  • TABLE 47 C-V2X MARKET, BY REGION, 2019–2022 (THOUSAND UNITS)
  • TABLE 48 C-V2X MARKET, BY REGION, 2023–2030 (THOUSAND UNITS)
  • TABLE 49 V2X CYBERSECURITY MARKET, BY COMMUNICATION, 2019–2022 (USD MILLION)
  • TABLE 50 V2X CYBERSECURITY MARKET, BY COMMUNICATION, 2023–2030 (USD MILLION)
  • TABLE 51 V2X OFFERINGS, BY COMMUNICATION
  • TABLE 52 V2X TECHNOLOGIES, BY COMMUNICATION
  • TABLE 53 V2V CYBERSECURITY MARKET, BY REGION, 2019–2022 (USD MILLION)
  • TABLE 54 V2V CYBERSECURITY MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 55 V2I CYBERSECURITY MARKET, BY REGION, 2019–2022 (USD MILLION)
  • TABLE 56 V2I CYBERSECURITY MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 57 V2P CYBERSECURITY MARKET, BY REGION, 2019–2022 (USD MILLION)
  • TABLE 58 V2P CYBERSECURITY MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 59 V2G CYBERSECURITY MARKET, BY REGION, 2019–2022 (USD MILLION)
  • TABLE 60 V2G CYBERSECURITY MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 61 V2X CYBERSECURITY MARKET, BY VEHICLE TYPE, 2019–2022 (USD MILLION)
  • TABLE 62 V2X CYBERSECURITY MARKET, BY VEHICLE TYPE, 2023–2030 (USD MILLION)
  • TABLE 63 V2X-EQUIPPED PASSENGER CAR OFFERINGS
  • TABLE 64 PASSENGER CARS: V2X CYBERSECURITY MARKET, BY REGION, 2019–2022 (USD MILLION)
  • TABLE 65 PASSENGER CARS: V2X CYBERSECURITY MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 66 COMMERCIAL VEHICLES: V2X CYBERSECURITY MARKET, BY REGION, 2019–2022 (USD MILLION)
  • TABLE 67 COMMERCIAL VEHICLES: V2X CYBERSECURITY MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 68 V2X CYBERSECURITY MARKET, BY SECURITY FRAMEWORK, 2019–2022 (USD MILLION)
  • TABLE 69 V2X CYBERSECURITY MARKET, BY SECURITY FRAMEWORK, 2023–2030 (USD MILLION)
  • TABLE 70 V2X OFFERINGS FOR EMBEDDED SECURITY
  • TABLE 71 PKI: V2X CYBERSECURITY MARKET, BY REGION, 2019–2022 (USD MILLION)
  • TABLE 72 PKI: V2X CYBERSECURITY MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 73 EMBEDDED: V2X CYBERSECURITY MARKET, BY REGION, 2019–2022 (USD MILLION)
  • TABLE 74 EMBEDDED: V2X CYBERSECURITY MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 75 V2X CYBERSECURITY MARKET, BY FORM, 2019–2022 (USD MILLION)
  • TABLE 76 V2X CYBERSECURITY MARKET, BY FORM, 2023–2030 (USD MILLION)
  • TABLE 77 COMPANIES OFFERING V2X SOLUTIONS, BY FORM
  • TABLE 78 IN-VEHICLE: V2X CYBERSECURITY MARKET, BY REGION, 2019–2022 (USD MILLION)
  • TABLE 79 IN-VEHICLE: V2X CYBERSECURITY MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 80 EXTERNAL CLOUD SERVICE: V2X CYBERSECURITY MARKET, BY REGION, 2019–2022 (USD MILLION)
  • TABLE 81 EXTERNAL CLOUD SERVICE: V2X CYBERSECURITY MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 82 V2X CYBERSECURITY MARKET, BY PROPULSION, 2019–2022 (USD MILLION)
  • TABLE 83 V2X CYBERSECURITY MARKET, BY PROPULSION, 2023–2030 (USD MILLION)
  • TABLE 84 V2X OFFERINGS, BY PROPULSION
  • TABLE 85 ICE: V2X CYBERSECURITY MARKET, BY REGION, 2019–2022 (USD MILLION)
  • TABLE 86 ICE: V2X CYBERSECURITY MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 87 ELECTRIC: V2X CYBERSECURITY MARKET, BY REGION, 2019–2022 (USD MILLION)
  • TABLE 88 ELECTRIC: V2X CYBERSECURITY MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 89 V2X CYBERSECURITY MARKET, BY SECURITY TYPE, 2019–2022 (USD MILLION)
  • TABLE 90 V2X CYBERSECURITY MARKET, BY SECURITY TYPE, 2023–2030 (USD MILLION)
  • TABLE 91 ATTACK VECTORS AND SECURITY TYPE REQUIREMENT
  • TABLE 92 ENDPOINT SECURITY MARKET, BY REGION, 2019–2022 (USD MILLION)
  • TABLE 93 ENDPOINT SECURITY MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 94 SOFTWARE SECURITY MARKET, BY REGION, 2019–2022 (USD MILLION)
  • TABLE 95 SOFTWARE SECURITY MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 96 ATTACK FEASIBILITY RATING BASED ON INTERFACE
  • TABLE 97 CLOUD SECURITY MARKET, BY REGION, 2019–2022 (USD MILLION)
  • TABLE 98 CLOUD SECURITY MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 99 V2X SHORT-RANGE ENVIRONMENT
  • TABLE 100 V2X CYBERSECURITY MARKET, BY REGION, 2019–2022 (USD MILLION)
  • TABLE 101 V2X CYBERSECURITY MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 102 ASIA PACIFIC: V2X CYBERSECURITY MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
  • TABLE 103 ASIA PACIFIC: V2X CYBERSECURITY MARKET, BY COUNTRY, 2023–2030 (USD MILLION)
  • TABLE 104 EUROPE: V2X CYBERSECURITY MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
  • TABLE 105 EUROPE: V2X CYBERSECURITY MARKET, BY COUNTRY, 2023–2030 (USD MILLION)
  • TABLE 106 NORTH AMERICA: V2X CYBERSECURITY MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
  • TABLE 107 NORTH AMERICA: V2X CYBERSECURITY MARKET, BY COUNTRY, 2023–2030 (USD MILLION)
  • TABLE 108 REST OF THE WORLD: V2X CYBERSECURITY MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
  • TABLE 109 REST OF THE WORLD: V2X CYBERSECURITY MARKET, BY COUNTRY, 2023–2030 (USD MILLION)
  • TABLE 110 STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2023
  • TABLE 111 BRAND COMPARISON FOR V2X CYBERSECURITY
  • TABLE 112 COMPANY FOOTPRINT, 2023
  • TABLE 113 SECURITY FRAMEWORK FOOTPRINT, 2023
  • TABLE 114 REGION FOOTPRINT, 2023
  • TABLE 115 KEY START-UPS/SMES
  • TABLE 116 COMPETITIVE BENCHMARKING OF KEY START-UP/SMES
  • TABLE 117 V2X CYBERSECURITY MARKET: PRODUCT LAUNCHES/DEVELOPMENTS, JANUARY 2021–JULY 2022
  • TABLE 118 V2X CYBERSECURITY MARKET: DEALS, DECEMBER 2022–JANURARY 2024
  • TABLE 119 V2X CYBERSECURITY MARKET: EXPANSIONS, JUNE 2021–FEBRUARY 2022
  • TABLE 120 ESCRYPT GMBH: COMPANY OVERVIEW
  • TABLE 121 ESCRYPT GMBH: PRODUCTS OFFERED
  • TABLE 122 ESCRYPT GMBH: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 123 ESCRYPT GMBH: DEALS
  • TABLE 124 QUALCOMM INCORPORATED: COMPANY OVERVIEW
  • TABLE 125 QUALCOMM INCORPORATED: PRODUCTS OFFERED
  • TABLE 126 QUALCOMM INCORPORATED: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 127 QUALCOMM INCORPORATED: DEALS
  • TABLE 128 AUTOTALKS: COMPANY OVERVIEW
  • TABLE 129 AUTOTALKS: PRODUCTS OFFERED
  • TABLE 130 AUTOTALKS: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 131 AUTOTALKS: DEALS
  • TABLE 132 AUTOCRYPT CO., LTD.: COMPANY OVERVIEW
  • TABLE 133 AUTOCRYPT CO., LTD.: PRODUCTS OFFERED
  • TABLE 134 AUTOCRYPT CO., LTD.: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 135 AUTOCRYPT CO., LTD.: DEALS
  • TABLE 136 AUTOCRYPT CO., LTD.: EXPANSIONS
  • TABLE 137 CONTINENTAL AG: COMPANY OVERVIEW
  • TABLE 138 CONTINENTAL AG: PRODUCTS OFFERED
  • TABLE 139 CONTINENTAL AG: KEY CUSTOMERS
  • TABLE 140 CONTINENTAL AG: DEALS
  • TABLE 141 GREEN HILLS SOFTWARE: COMPANY OVERVIEW
  • TABLE 142 GREEN HILLS SOFTWARE: PRODUCTS OFFERED
  • TABLE 143 GREEN HILLS SOFTWARE: THIRD-PARTY PARTNERS
  • TABLE 144 GREEN HILLS SOFTWARE: DEALS
  • TABLE 145 KARAMBA SECURITY: COMPANY OVERVIEW
  • TABLE 146 KARAMBA SECURITY: PRODUCTS OFFERED
  • TABLE 147 KARAMBA SECURITY: DEALS
  • TABLE 148 ID QUANTIQUE: COMPANY OVERVIEW
  • TABLE 149 ID QUANTIQUE: PRODUCTS OFFERED
  • TABLE 150 ID QUANTIQUE: DEALS
  • TABLE 151 ID QUANTIQUE: EXPANSIONS
  • TABLE 152 NXP SEMICONDUCTORS N.V.: COMPANY OVERVIEW
  • TABLE 153 NXP SEMICONDUCTORS N.V.: PRODUCTS OFFERED
  • TABLE 154 NXP SEMICONDUCTORS N.V.: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 155 NXP SEMICONDUCTORS N.V.: DEALS
  • TABLE 156 INFINEON TECHNOLOGIES AG: COMPANY OVERVIEW
  • TABLE 157 INFINEON TECHNOLOGIES AG: PRODUCTS OFFERED
  • TABLE 158 INFINEON TECHNOLOGIES AG: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 159 INFINEON TECHNOLOGIES AG: DEALS
  • TABLE 160 HARMAN INTERNATIONAL: COMPANY OVERVIEW
  • TABLE 161 HARMAN INTERNATIONAL: PRODUCTS OFFERED
  • TABLE 162 HARMAN INTERNATIONAL: EXPANSIONS
  • TABLE 163 APTIV PLC: COMPANY OVERVIEW
  • TABLE 164 APTIV PLC: PRODUCTS OFFERED
  • TABLE 165 APTIV PLC: KEY CUSTOMERS
  • TABLE 166 APTIV PLC: EXPANSIONS
  • TABLE 167 ATOS SE: COMPANY OVERVIEW
  • TABLE 168 SECUNET SECURITY NETWORKS AG: COMPANY OVERVIEW
  • TABLE 169 CAPGEMINI ENGINEERING: COMPANY OVERVIEW
  • TABLE 170 VECTOR INFORMATIK GMBH: COMPANY OVERVIEW
  • TABLE 171 STMICROELECTRONICS: COMPANY OVERVIEW
  • TABLE 172 LEAR CORPORATION: COMPANY OVERVIEW
  • TABLE 173 CERTICOM CORP: COMPANY OVERVIEW
  • TABLE 174 DENSO CORPORATION: COMPANY OVERVIEW
  • TABLE 175 SAFERIDE TECHNOLOGIES LTD.: COMPANY OVERVIEW
LIST OF FIGURES
 
  • FIGURE 1 V2X CYBERSECURITY MARKET SEGMENTATION
  • FIGURE 2 RESEARCH DESIGN
  • FIGURE 3 RESEARCH DESIGN MODEL
  • FIGURE 4 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING
  • FIGURE 5 BOTTOM-UP APPROACH
  • FIGURE 6 TOP-DOWN APPROACH
  • FIGURE 7 MARKET SIZE ESTIMATION NOTES
  • FIGURE 8 RESEARCH DESIGN AND METHODOLOGY (DEMAND-SIDE)
  • FIGURE 9 DATA TRIANGULATION
  • FIGURE 10 FACTORS IMPACTING V2X CYBERSECURITY MARKET
  • FIGURE 11 V2X CYBERSECURITY MARKET OVERVIEW
  • FIGURE 12 V2X CYBERSECURITY MARKET, BY REGION, 2023–2030
  • FIGURE 13 KEY PLAYERS IN V2X CYBERSECURITY MARKET
  • FIGURE 14 V2X CYBERSECURITY MARKET, BY SECURITY TYPE, 2023–2030
  • FIGURE 15 INCREASING INCLINATION TOWARD AUTONOMOUS MOBILITY AND CONNECTED CAR TECHNOLOGY
  • FIGURE 16 ASIA PACIFIC TO BE LARGEST MARKET FOR V2X CYBERSECURITY DURING FORECAST PERIOD
  • FIGURE 17 V2V SEGMENT TO HOLD MAXIMUM MARKET SHARE IN 2030
  • FIGURE 18 C-V2X TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD
  • FIGURE 19 ELECTRIC TO BE LARGEST SEGMENT DURING FORECAST PERIOD
  • FIGURE 20 EMBEDDED SEGMENT TO SECURE LEADING MARKET POSITION DURING FORECAST PERIOD
  • FIGURE 21 SOFTWARE SECURITY TO SURPASS OTHER SEGMENTS DURING FORECAST PERIOD
  • FIGURE 22 PASSENGER CARS TO ACQUIRE LARGEST MARKET SHARE IN 2030
  • FIGURE 23 IN-VEHICLE SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
  • FIGURE 24 PRIVACY CONCERNS IN V2X COMMUNICATION
  • FIGURE 25 ATTACK VECTORS AGAINST V2X ENVIRONMENT
  • FIGURE 26 V2X CYBERSECURITY MARKET DYNAMICS
  • FIGURE 27 DATA FROM AUTONOMOUS VEHICLES
  • FIGURE 28 KEY ELEMENTS OF V2X
  • FIGURE 29 CLASSIFICATION OF V2X CYBERSECURITY THREATS
  • FIGURE 30 VEHICULAR NETWORK ARCHITECTURE
  • FIGURE 31 ROAD TRAFFIC INJURIES
  • FIGURE 32 CYBER VULNERABILITIES IN VEHICULAR ECOSYSTEM
  • FIGURE 33 IMPACT OF CYBERATTACKS ON VARIOUS STAKEHOLDERS
  • FIGURE 34 POPULATION COVERAGE, BY MOBILE NETWORK AND AREA, 2023
  • FIGURE 35 EVOLUTION OF V2X USE CASES TOWARD CONNECTED COOPERATIVE DRIVING
  • FIGURE 36 CYBERATTACK VECTORS COMMUNICATION FRAMEWORK
  • FIGURE 37 STRUCTURE OF V2X AS CYBER-PHYSICAL-SOCIAL SYSTEM
  • FIGURE 38 SUPPLY CHAIN ANALYSIS
  • FIGURE 39 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF V2X CYBERSECURITY
  • FIGURE 40 KEY BUYING CRITERIA FOR V2X CYBERSECURITY
  • FIGURE 41 SUB-BANDS OF ORIGINAL EUROPEAN VARIANT ITS-G5
  • FIGURE 42 KEY ELEMENTS OF C-ITS
  • FIGURE 43 C-V2X NETWORK ARCHITECTURE
  • FIGURE 44 C-V2X TIMELINE WITH FEATURES
  • FIGURE 45 VEHICLE COMMUNICATION MODES
  • FIGURE 46 EVOLUTION OF C-V2X TOWARD 5G NR V2X
  • FIGURE 47 HIGH-SPEED DATA AND PERFORMANCE LEVEL
  • FIGURE 48 IMPLEMENTATION OF BLOCKCHAIN TECHNOLOGY INTO NETWORKING STACK
  • FIGURE 49 SERVICES PROVIDED BY BLOCKCHAIN TO V2X APPLICATIONS
  • FIGURE 50 IMPLEMENTATION OF EDGE COMPUTING INTO V2V COMMUNICATION
  • FIGURE 51 CRITICAL ASPECTS OF 6G-V2X
  • FIGURE 52 BENEFITS AND THREATS INTRODUCED BY AI/ML IN V2X SECURITY
  • FIGURE 53 VSOC SERVICE
  • FIGURE 54 ECOSYSTEM MAPPING
  • FIGURE 55 INVESTMENT SCENARIO, 2020–2023
  • FIGURE 56 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
  • FIGURE 57 PUBLICATION TRENDS, 2014–2023
  • FIGURE 58 TOP PATENT APPLICANTS, 2014–2023
  • FIGURE 59 AUTOMOTIVE V2X MARKET, BY CONNECTIVITY, 2023 VS. 2030 (THOUSAND UNITS)
  • FIGURE 60 C-V2X ARCHITECTURE
  • FIGURE 61 C-V2X MARKET SEGMENTATION
  • FIGURE 62 C-V2X SOLUTIONS FOR CHALLENGES ASSOCIATED WITH CONNECTED VEHICLES
  • FIGURE 63 V2V CYBERSECURITY MARKET, BY COMMUNICATION, 2023 VS. 2030 (USD MILLION)
  • FIGURE 64 SECURITY CHALLENGES IN ROAD TRANSPORTATION NETWORKS
  • FIGURE 65 V2X CYBERSECURITY MARKET, BY VEHICLE TYPE, 2023 VS. 2030 (USD MILLION)
  • FIGURE 66 VEHICLE PLATOONING ATTACKS
  • FIGURE 67 V2X CYBERSECURITY MARKET, BY SECURITY FRAMEWORK, 2023 VS. 2030 (USD MILLION)
  • FIGURE 68 PKI FRAMEWORK FOR V2X
  • FIGURE 69 PKI-BASED V2X SECURITY SOLUTIONS
  • FIGURE 70 V2X CYBERSECURITY MARKET, BY FORM, 2023 VS. 2030 (USD MILLION)
  • FIGURE 71 CLOUD-BASED SOLUTIONS
  • FIGURE 72 V2X CYBERSECURITY MARKET, BY PROPULSION, 2023 VS. 2030 (USD MILLION)
  • FIGURE 73 V2X CYBERSECURITY MARKET, BY SECURITY TYPE, 2023 VS. 2030 (USD MILLION)
  • FIGURE 74 V2X CYBERSECURITY MARKET, BY REGION, 2023 VS. 2030 (USD MILLION)
  • FIGURE 75 ASIA PACIFIC: V2X CYBERSECURITY MARKET SNAPSHOT
  • FIGURE 76 CHINA: C-V2X TIMELINES AND MILESTONES, 2019–2025
  • FIGURE 77 EUROPE: V2X CYBERSECURITY MARKET, 2023 VS. 2030 (USD MILLION)
  • FIGURE 78 NORTH AMERICA: V2X CYBERSECURITY MARKET SNAPSHOT
  • FIGURE 79 REST OF THE WORLD: V2X CYBERSECURITY MARKET, 2023 VS. 2030 (USD MILLION)
  • FIGURE 80 MARKET RANKING OF KEY PLAYERS, 2023
  • FIGURE 81 REVENUE ANALYSIS OF KEY PLAYERS, 2018–2022
  • FIGURE 82 COMPANY VALUATION OF TOP FIVE PLAYERS
  • FIGURE 83 FINANCIAL METRICS OF TOP FIVE PLAYERS
  • FIGURE 84 COMPANY EVALUATION MATRIX, 2023
  • FIGURE 85 START-UP/SME EVALUATION MATRIX, 2023
  • FIGURE 86 ESCRYPT GMBH: CREDENTIAL MANAGEMENT SYSTEM
  • FIGURE 87 ESCRYPT GMBH: HARMONIZED V2X PKI
  • FIGURE 88 ESCRYPT GMBH: MISBEHAVIOR DETECTION
  • FIGURE 89 QUALCOMM INCORPORATED: COMPANY SNAPSHOT
  • FIGURE 90 AUTOTALKS: V2X COMMUNICATION SECURITY
  • FIGURE 91 AUTOCRYPT CO., LTD.: V2X VERIFICATION PROCESS
  • FIGURE 92 AUTOCRYPT CO., LTD.: V2X SECURITY
  • FIGURE 93 AUTOCRYPT CO., LTD.: MISBEHAVIOR DETECTION AND REPORTING
  • FIGURE 94 AUTOCRYPT CO., LTD.: SECURE PLUG AND CHARGE
  • FIGURE 95 CONTINENTAL AG: COMPANY SNAPSHOT
  • FIGURE 96 ID QUANTIQUE: QUANTUM HARDWARE SECURITY MODULE
  • FIGURE 97 NXP SEMICONDUCTORS N.V.: COMPANY SNAPSHOT
  • FIGURE 98 INFINEON TECHNOLOGIES AG: COMPANY SNAPSHOT
  • FIGURE 99 INFINEON TECHNOLOGIES AG: CUSTOMERS IN CONNECTED SECURE SYSTEMS
  • FIGURE 100 INFINEON TECHNOLOGIES AG: V2X DEVICE INTERACTIONS
  • FIGURE 101 HARMAN INTERNATIONAL: V2X EDGE COMPUTE SOFTWARE PLATFORM
  • FIGURE 102 APTIV PLC: COMPANY SNAPSHOT

The study involved four major activities in estimating the current size of the V2X cybersecurity market. Exhaustive secondary research was done to collect information on the market, the peer market, and the child markets. The next step was to validate these findings, assumptions, and sizing with the industry experts across value chains through primary research. The top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation processes were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources such as company annual reports/presentations, press releases, industry association publications [for example, 5G Automotive Association, International Organization of Motor Vehicle Manufacturers (OICA), National Highway Traffic Safety Administration (NHTSA), International Energy Association (IEA)], articles, directories, technical handbooks, trade websites, technical articles, and databases (for example, Marklines, and Factiva) have been used to identify and collect information useful for an extensive commercial study of the global V2X cybersecurity market.

Primary Research

Extensive primary research was conducted after acquiring an understanding of the V2X cybersecurity market scenario through secondary research. Several primary interviews were conducted with market experts from both the demand (automotive OEMs) and supply (V2X cybersecurity providers, V2X providers, and technology providers) sides across major regions, namely, North America, Europe, and Asia Pacific. Approximately 30% and 70% of primary interviews were conducted from the demand and supply sides, respectively. Primary data was collected through questionnaires, emails, and telephonic interviews.

In the canvassing of primaries, various departments within organizations, such as sales, operations, and marketing, were covered to provide a holistic viewpoint in the report. After interacting with industry experts, brief sessions were also conducted with highly experienced independent consultants to reinforce the findings from primaries. This, along with the in-house subject matter experts’ opinions, led to the findings described in the remainder of this report.

V2X Cybersecurity Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

The bottom-up approach was used to estimate and validate the size of the V2X cybersecurity market. This method was also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and markets have been identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of volume, have been determined through primary and secondary research processes.

All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

V2X Cybersecurity Market Bottom Up Approach

To know about the assumptions considered for the study, Request for Free Sample Report

Market Size Validation

The top-down approach was used to determine the size of the V2X cybersecurity market for the communication, propulsion, connectivity, security type, security framework, form and vehicle type. The total market size in value (USD million) was derived using the top-down approach.

For instance, the V2X cybersecurity market for the communication segment was derived using the top-down approach to estimate the hardware and software subsegments. Mapping was carried out at the regional level to understand the contribution by type of communication. The market size was derived at the regional level in terms of value. The total value of the market was multiplied by the cost penetration percentage of each segment at the regional level.

V2X Cybersecurity Market Top Down Approach

Data Triangulation

After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.

Market Definition

The term "V2X" refers to "Vehicle-to-Everything" communication, encompassing various types of communication within the transportation ecosystem. This includes communication between vehicles (V2V), vehicles and infrastructure (V2I), and vehicles and pedestrians (V2P), V2C (Vehicle-to-Cloud), and V2G (Vehicle-to-Grid). V2X technology is a crucial component of intelligent transportation systems, facilitating the exchange of information to enhance road safety, traffic efficiency, and overall transportation effectiveness. The V2X cybersecurity market specifically addresses the need for cybersecurity solutions tailored for V2X communication. As vehicles and infrastructure become increasingly connected, ensuring the security of these communication networks becomes paramount. The V2X cybersecurity market focuses on developing and implementing security measures to protect against cyber threats that could compromise the integrity and safety of the V2X ecosystem. Key components of the V2X cybersecurity market include security software and solutions, hardware security, risk assessment and management, regulatory compliance, training and consulting, and incident response and recovery.

List of Key Stakeholders

  • Automotive Original Equipment Manufacturers (OEMs)
  • Distributors and Retailers
  • Manufacturers and Suppliers of V2X Technology Components
  • Navigation Devices and GPS Manufacturers
  • ODM and OEM Technology Solution Providers
  • Operating System (OS) Vendors
  • Organizations, Forums, Alliances, and Associations
  • Regulatory and Transportation Authorities
  • Software Providers
  • State & National Regulatory Authorities
  • V2X Solutions Providers
  • V2X Cybersecurity Providers

Report Objectives

  • To segment and forecast the V2X cybersecurity market in terms of value (USD million).
  • To analyze and forecast the market based on form, communication, propulsion, connectivity, vehicle type, security type, security framework, and region.
    • To segment the V2X cybersecurity market and forecast the market size, by value (USD million), based on communication (V2V, V2I, V2P, and V2G)
    • To segment the V2X cybersecurity market and forecast the market size, by value (USD million), based on security (PKI and embedded)
    • To segment the V2X cybersecurity market and forecast the market size, by value (USD million), based on form (in-vehicle and external cloud services)
    • To segment the automotive V2X market and forecast the market size, by value (USD million), based on connectivity (DSRC and cellular)
    • To segment the V2X cybersecurity market and forecast the market size, by value (USD million), based on vehicle type (passenger car and commercial vehicle)
    • To segment the V2X cybersecurity market and forecast the market size, by value (USD million), based on propulsion (ICE vehicles and electric vehicles)
    • To segment the V2X cybersecurity market and forecast the market size, by value (USD million), based on security type (endpoint security, software security, and cloud security)
    • To segment the V2X cybersecurity market and forecast its size, by value, based on region (Asia Pacific, Europe, North America, and the Rest of the world (RoW))
  • To analyze the technological developments impacting the market
  • To analyze the opportunities for stakeholders and the competitive landscape for market leaders
  • To provide detailed information regarding the major factors influencing the market growth (drivers, challenges, restraints, and opportunities)
  • To strategically analyze the market with respect to individual growth trends, prospects, and contributions to the total market
  • To study the following with respect to the market
    • Supply Chain Analysis
    • Ecosystem Analysis
    • Technology Analysis
    • Case Study Analysis
    • Patent Analysis
    • Buying Criteria
  • To strategically profile the key players and comprehensively analyze their market rankings and core competencies
  • To track and analyze the competitive developments such as joint ventures, mergers & acquisitions, new product launches, expansions, and other activities carried out by key industry participants

Available Customizations

With the given market data, MarketsandMarkets offers customizations in line with the company’s specific needs.

  • V2X cybersecurity market, by communication type, at the country level (for countries covered in the report)
    • Company Information
      • Profiling of additional market players (up to five)
        • Additional Countries for Region (Up to 3)

Previous Versions of this 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

Report Code AT 7702
Published in Sep, 2022, By MarketsandMarkets™

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

Report Code AT 7702
Published in Jul, 2020, By MarketsandMarkets™

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