V2X Cybersecurity Market Size Worth $13.10 Billion By 2032 | CAGR: 18.2%

The global V2X cybersecurity market size is expected to reach USD 13.10 billion by 2032, according to a new study by Polaris Market Research. The report “V2X Cybersecurity Market Share, Size, Trends, Industry Analysis Report: By Connectivity (DSRC and Cellular), By Unit Type, By Communication, By Vehicle Type, and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2024–2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The V2X (Vehicle-to-Everything) cybersecurity market is growing rapidly as the automotive industry embraces advanced connectivity technologies to enhance vehicle safety and efficiency. Factors such as the growing adoption of connected vehicles, increasing incidents of cyber threats, and stringent regulations mandating robust security measures for automotive systems boost the market growth. Opportunities are emerging from the rise of autonomous vehicles and smart transportation infrastructure, which necessitate advanced cybersecurity solutions to protect against potential breaches and ensure system integrity.

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Rising focus on AI-driven threat detection, secure communication protocols, and end-to-end encryption is expected to emerge as future trend in the market. The market is witnessing significant growth as stakeholders invest in innovative solutions to address evolving security challenges, reflecting a broader commitment to safeguarding the future of connected mobility.

V2X Cybersecurity Market Report Highlights:

• Dedicated Short-Range Communications (DSRC) has traditionally been the dominant protocol for short-range vehicle communication due to its low latency and high reliability, which are essential for real-time applications and ensuring vehicle safety.
• The roadside unit (RSU) segment is growing rapidly due to its deployment at key locations like traffic lights and road signs, enhancing traffic management and safety. This growth is driven by smart city projects and increased investment in connected vehicle infrastructure.
• The vehicle-to-vehicle (V2V) segment, by communication, dominates the market as it is essential for collision avoidance and cooperative driving systems. However, the vehicle-to-cloud (V2C) segment is experiencing the fastest growth, driven by the increasing need for real-time data exchange.
• By vehicle type, the passenger car segment leads the market, supported by the increasing adoption of connected car technologies, whereas the commercial vehicle segment is expected to grow rapidly due to the rise of autonomous and fleet management systems.
• North America is the dominant region in the global V2X cybersecurity market, largely due to early V2X technology adoption and strong regulatory support. On the other side, Asia Pacific is the fastest-growing region, driven by rapid urbanization and increasing investments in smart infrastructure.

Polaris Market Research has segmented the V2X Cybersecurity market report on the basis of connectivity, unit type, communication, vehicle type, and region:

V2X Cybersecurity Market, Connectivity Outlook (Revenue – USD Billion, 2019–2032)

• DSRC
• Cellular

V2X Cybersecurity Market, Unit Type Outlook (Revenue – USD Billion, 2019–2032)

• On-board Unit (OBU)
• Roadside Unit (RSU)

V2X Cybersecurity Market, Communication Outlook (Revenue – USD Billion, 2019–2032)

• Vehicle-to-Vehicle (V2V)
• Vehicle-to-Infrastructure (V2I)
• Vehicle-to-Pedestrian (V2P)
• Vehicle-to-Cloud (V2C)

V2X Cybersecurity Market, Vehicle Type Outlook (Revenue – USD Billion, 2019–2032)

• Commercial Vehicle
• Passenger Car

V2X Cybersecurity Market, Regional Outlook (Revenue – USD Billion, 2019–2032)

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Netherlands
  • Russia
  • Rest of Europe
• Asia Pacific
  • China 
  • Japan 
  • India 
  • Malaysia 
  • South Korea
  • Indonesia
  • Australia
  • Vietnam
  • Rest of Asia Pacific
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Israel
  • South Africa
  • Rest of Middle East & Africa
• Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America

V2X Cybersecurity Report Scope