Global V2X Cybersecurity Market Size, Share, Forecast Report, 2020-2027

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The report provides rational insights along with historical and forecast data to aid in better understanding of the Global V2X Cybersecurity Market. The report provides a comprehensive analysis of key factors that are expected to drive the growth of the V2X Cybersecurity market. This study also provides a detailed overview of the opportunities along with the current trends observed in the target market.

The global V2X cybersecurity market size is projected to grow from USD 935 million in 2020 to USD 3,065 million by 2025, at a CAGR of 26.8%. The increasing trend of vehicles with V2X technologies and increasing cyber-attacks in the automotive industry will drive the market for V2X cybersecurity.

The COVID-19 pandemic has led to the suspension of vehicle production and supply disruptions, which have brought the automotive industry to a halt. Lower vehicle sales will be a major concern for automotive OEMs for the next few quarters. According to experts, there is a slim chance of vehicle sale recovery in 2020. The V2X cybersecurity market, however, is expected to witness a significant boost in the upcoming years owing to the increasing demand for vehicles with connected car technologies. Before that, lower vehicle sales and abrupt stoppage in the development of new V2X technologies will result in the sluggish growth of the V2X cybersecurity market in 2021.

The report covers major players operating in the market along with the key strategies implemented to achieve a competitive edge against a majority of the vendors which provides a competitive outlook of the industry. The competitive landscape further includes details about different players and their position on a global and a local level is also explained in detail in this compiled study. These insights were prepared through mapping business strategies and products that offer high revenue generation capacities. Key players of the global V2X Cybersecurity market are included as given below:

The global V2X cybersecurity market is dominated by major players such as ESCRYPT (Germany), OnBoard Security (US), Autotalks (Israel), AutoCrypt (Korea), and Continental (Germany). These companies have secure distribution networks at a global level and offer advanced security solutions for V2X technologies. The key strategies adopted by these companies to sustain their market position are new product developments, collaborations, and contracts & agreements.

The global V2X Cybersecurity market has been segmented as below:

Based on the unit type:

� OBU

� RSU

Based on the connectivity:

� DSRC

� Cellular

Based on the communication:

� V2V

� V2I

� V2G

� V2C

� V2P

Based on the security:

� PKI

� Embedded

Based on the vehicle type:

� Passenger Car

� Commercial Vehicle

Based on the form:

� In-vehicle

� External Cloud Services

Based on the region:

� Asia Pacific

o China

o India

o Japan

o South Korea

� North America

o US

o Canada

o Mexico

� Europe

o France

o Germany

o Italy

o Spain

o United Kingdom

� Rest of the World

o Argentina

o Brazil

Reasons to Purchase this Report:

Estimates V2X Cybersecurity development trends with SWOT analysis

� Detailed business profiles including product offerings, recent developments, key financial information, and strategies employed by main market players

� Analysis of various regions and countries that includes the demand and supply based actions, which consequently have a major influence on the market's expansion

� Market dynamics scenario, along with growth opportunities for players in the years to come

� Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the mentioned forecast period

� Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects