V2X Cybersecurity Market

The major purpose of V2X technology is to improve road safety, energy savings, and traffic efficiency on roads.

OREGAON, PORTLAND, UNITED STATES , September 28, 2023 /EINPresswire.com/ -- Allied Market Research recently published a report, titled, "V2X Cybersecurity Market by Unit Type (On-Board Unit, Roadside Unit), by Vehicle Type (Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle), by Propulsion Type (ICE, Electric and Hybrid, Others), by Communication (Vehicle-To-Vehicle, Vehicle-To-Infrastructure, Vehicle-To-Grid, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031". As per the report, the global V2X Cybersecurity industry accounted for $0.72 billion in 2021, and is expected to reach $5.7 billion by 2031, growing at a CAGR of 21.6% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscapes, and competitive scenarios.

➡️ 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 - https://www.alliedmarketresearch.com/request-sample/12654

𝐊𝐄𝐘 𝐅𝐈𝐍𝐃𝐈𝐍𝐆𝐒 𝐎𝐅 𝐓𝐇𝐄 𝐒𝐓𝐔𝐃𝐘

🔹 By unit type, the on-board unit segment is expected to register a significant growth during the forecast period.
🔹 By vehicle type, the light commercial vehicle segment is projected to lead the global V2X cybersecurity market
🔹 By propulsion type, the ICE segment is projected to lead the global V2X cybersecurity market
🔹 By communication, the Vehicle-To-Vehicle segment is projected to lead the global V2X cybersecurity market
🔹 Region-wise, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.

𝐌𝐚𝐣𝐨𝐫 𝐝𝐞𝐭𝐞𝐫𝐦𝐢𝐧𝐚𝐧𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐠𝐫𝐨𝐰𝐭𝐡

Rise in cybersecurity mandates, developments in cellular-V2X technology, and surge in automotive cybersecurity threat have boosted the size, growth of the global V2X cybersecurity market. However, high cost of implementation and challenges in making secure applications hinder the market growth. On the contrary, rise in demand for connected vehicles and improving vehicle security using adaptive security would open new opportunities in the future.

The V2X cybersecurity market is segmented on the basis of unit type, vehicle type, propulsion type, communication, and region. On the basis of unit type, it is divided into on-board unit, and roadside unit. By vehicle type, it is segmented into passenger car, light commercial vehicle, and heavy commercial vehicle. By propulsion type, it is divided into ice, electric & hybrid, and others. By communication, it is divided into Vehicle-To-Vehicle (V2V), Vehicle-To-Infrastructure (V2I), Vehicle-To-Grid (V2G), and Others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

➡️ 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 - https://www.alliedmarketresearch.com/v2x-cybersecurity-market/purchase-options

The on-board unit segment dominated the market growth

𝐁𝐲 𝐮𝐧𝐢𝐭 𝐭𝐲𝐩𝐞, the on-board unit segment held the largest share in 2021, accounting for more than three-fifths of the global V2X cybersecurity market. In addition, the segment is expected to manifest the highest CAGR of 21.9% during the forecast period, due to growing demand for advanced drive assist systems (ADAS) and connected vehicles. The report includes a detailed analysis of the roadside unit segment.

The light commercial vehicle segment to manifest the highest CAGR through 2031

𝐁𝐲 𝐯𝐞𝐡𝐢𝐜𝐥𝐞 𝐭𝐲𝐩𝐞, the light commercial vehicle segment is projected to register the highest CAGR of 22.3% during the forecast period. This is owing to increase in the implementation of V2X technology in light commercial vehicles to enable data exchange between vehicles and objects in the surroundings and between vehicles and the transportation infrastructure. However, the passenger car segment held the largest share in 2021, contributing to nearly two-thirds of the global V2X cybersecurity market, due to growing demand for semi-autonomous cars.

The electric and hybrid segment held the lion's share

𝐁𝐲 𝐩𝐫𝐨𝐩𝐮𝐥𝐬𝐢𝐨𝐧 𝐭𝐲𝐩𝐞, the electric and hybrid segment held the largest share in 2021, accounting for more than half of the global V2X cybersecurity market, due to increase in demand for fuel-efficient, high-performance, and low-emission vehicles along with stringent government rules & regulations toward vehicle emission. However, the ICE segment is expected to showcase the highest CAGR of 23.6% during the forecast period, owing to adoption of large number of V2X, ADAS, and other connected features equipped with ICE vehicles.

➡️ 𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 - https://www.alliedmarketresearch.com/purchase-enquiry/12654

𝐕𝟐𝐗 𝐂𝐲𝐛𝐞𝐫𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐲 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬:

𝐀𝐥𝐭𝐫𝐚𝐧
𝐀𝐏𝐓𝐈𝐕
𝐀𝐔𝐓𝐎𝐂𝐑𝐘𝐏𝐓 𝐂𝐨., 𝐋𝐭𝐝.
𝐀𝐮𝐭𝐨𝐭𝐚𝐥𝐤𝐬 𝐋𝐭𝐝.
𝐂𝐨𝐧𝐭𝐢𝐧𝐞𝐧𝐭𝐚𝐥 𝐀𝐆
𝐄𝐒𝐂𝐑𝐘𝐏𝐓
𝐆𝐫𝐞𝐞𝐧 𝐇𝐢𝐥𝐥𝐬 𝐒𝐨𝐟𝐭𝐰𝐚𝐫𝐞 𝐋𝐋𝐂.
𝐇𝐀𝐑𝐌𝐀𝐍 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥
𝐈𝐃 𝐐𝐮𝐚𝐧𝐭𝐢𝐪𝐮𝐞 𝐒𝐀
𝐈𝐧𝐟𝐢𝐧𝐞𝐨𝐧 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐞𝐬 𝐀𝐆
𝐊𝐚𝐫𝐚𝐦𝐛𝐚 𝐒𝐞𝐜𝐮𝐫𝐢𝐭𝐲
𝐍𝐗𝐏 𝐒𝐞𝐦𝐢𝐜𝐨𝐧𝐝𝐮𝐜𝐭𝐨𝐫𝐬
𝐐𝐮𝐚𝐥𝐜𝐨𝐦𝐦 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐞𝐬, 𝐈𝐧𝐜.
𝐒𝐚𝐟𝐞𝐑𝐢𝐝𝐞 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐞𝐬
𝐕𝐞𝐜𝐭𝐨𝐫 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐤 𝐆𝐦𝐛𝐇

𝐒𝐢𝐦𝐢𝐥𝐚𝐫 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐖𝐞 𝐇𝐚𝐯𝐞 𝐨𝐧 𝐂𝐲𝐛𝐞𝐫𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐲 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:

https://www.alliedmarketresearch.com/automotive-cyber-security-market-A08901 - Automotive Cybersecurity Market by Offering (Software and Hardware), Security Type (Application Security, Network Security, and Endpoint Security), Application (ADAS & Safety, Body Control & Comfort, Infotainment, Telematics, Powertrain Systems, and Communication Systems) and Form (In-Vehicle and External Cloud Services): Global Opportunity Analysis and Industry Forecast, 2021-2030

https://www.alliedmarketresearch.com/railway-cybersecurity-market-A12189 - Railway Cybersecurity Market by Offering (Solutions and Services), Type (Infrastructural and On-board), and Security Type (Application Security, Network Security, Data Protection, End Point Security, and System Administration): Global Opportunity Analysis and Industry Forecast, 2021-2030

https://www.alliedmarketresearch.com/military-sensors-cybersecurity-solutions-market-A10355 - Military Sensors Cybersecurity Solutions Market by Platform (Space, Munition, Land, Naval, Airborne) and by Application (Combat Operations, Target Recognition, Electronic Warfare, Communication Navigation, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032

David Correa
Allied Market Research
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