Growing Collaboration with Private and Public Organizations to Propel the Market Growth

Published: Mar 2024

The global V2X Cybersecurity market is anticipated to grow at a CAGR of 20.3% during the forecast period (2024-2031). With the growing cybersecurity concerns from consumers and government organizations globally, automakers and cybersecurity companies are collaborating for product development and business growth. For instance,

Browse the full report description of “V2X (Vehicle-To-Everything) Cybersecurity Market Size, Share & Trends Analysis Report by Unit Type (On-Board Unit and Roadside Unit), and by Vehicle Type (Passenger Car and Commercial Vehicle), by Communication (Vehicle-To-Vehicle (V2V), Vehicle-To-Infrastructure (V2I), Vehicle-To-Grid (V2G), and Others) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/v2x-cybersecurity-market

  • In September 2023, VicOne, an automotive cybersecurity company, announced that Askey, a network communications and electronics manufacturer, adopted VicOne xZETA, a tool for scanning for vulnerabilities and managing SBOMs, in the development of its connected vehicle devices. These devices combine onboard units (OBUs), roadside units (RSUs), and cloud-based advanced technologies for smart transportation.
  • In June 2023, Kapsch TrafficCom, a transportation technology company, partnered with a Canadian research organization to improve safety at intersections and railway crossings using Kapsch V2X roadside and on-board units. These units are secured using BlackBerry Certicom's public key infrastructure (PKI) and security credential management system (SCMS). This solution helps protect V2X communications from cyberattacks and enables secure deployments of connected mobility solutions for municipalities.
  • In September 2023, Jaguar Land Rover (JLR) extended a partnership with Qualcomm to bring 5G connectivity to its next-generation Range Rover, Defender, Discovery, and Jaguar vehicles. This will allow the vehicles to communicate with each other and with infrastructure at low latency, which is essential for V2X applications such as real-time traffic updates and collision avoidance systems. 5G connectivity will also enable new connected car services and higher levels of autonomy. 
  • In January 2023, INTEGRITY Security Services (ISS) and SaeSol Tech (SST) partnered to provide automotive manufacturers with security technology for connected and autonomous vehicles. The partnership combines ISS's automotive security platforms for device lifecycle management (DLM) and V2X connectivity with SST's expertise in V2X infrastructure and client software. Through the partnership, SST gains access to ISS's platforms and intellectual property, while ISS and SST customers in Asian markets gain access to design, integration, deployment, and support.

Market Coverage

The market number available for – 2023-2031

Base year- 2023

Forecast period- 2024-2031

Segment Covered- 

o By Unit Type

o By Vehicle Type

o By Communication

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- includes Capgemini Services SAS, Qualcomm Technologies Inc., and Continental AG, among others.

Key questions addressed by the report.

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • Who is the leader in the market?
  • How are players addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global V2X (Vehicle-to-Everything) Cybersecurity Market Report Segment

By Unit Type

  • On-Board Unit
  • Roadside Unit

By Vehicle Type

  • Passenger Car
  • Commercial Vehicle

By Communication

  • Vehicle-To-Vehicle (V2V)
  • Vehicle-To-Infrastructure (V2I)
  • Vehicle-To-Grid (V2G)
  • Others (Vehicle to Cloud (V2C), Vehicle-to-Pedestrian (V2P))

Global V2X (Vehicle-to-Everything) Cybersecurity Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

The Middle East & Africa

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