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Vehicle-to-Everything (V2X) Cybersecurity Market Share

Report ID: GMI10702
Published Date: Aug 2024
Report Format: PDF

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Vehicle-to-Everything Cybersecurity Market Share

Herman International and Bosch Mobility dominate the market with around 14% market share in 2023. Herman International offers advanced threat detection systems that utilize artificial intelligence and machine learning to monitor V2X communication networks in real-time. These systems detect anomalies, alert operators to potential security breaches, and enable swift risk mitigation.

Bosch provides comprehensive V2X communication platforms with integrated security features. These platforms ensure secure data exchange between vehicles, infrastructure, and other entities. Bosch's solutions include encryption, secure messaging, and authentication to protect against cyber threats. Additionally, the company offers cybersecurity management solutions with monitoring, detection, and response capabilities. These solutions use advanced technologies to continuously monitor V2X networks, detect potential threats, and respond to incidents to prevent or minimize damage.

Vehicle-to-Everything Cybersecurity Market Companies

Major players operating in the vehicle-to-everything (V2X) cybersecurity industry are:

ETAS
Bosch Mobility
Blackberry Ltd.
Continental AG
Qualcomm
Herman International (Samsung Electronics Company)
Autotalks

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of vehicle-to-everything (V2X) cybersecurity reached USD 1.2 billion in 2023 and is set to register over 12.3% CAGR between 2024 and 2032, led by the increasing adoption of connected vehicles.

The software segment of the vehicle-to-everything cybersecurity industry accounted for a share of over 63% in 2023, as it ensures secure data transmission, safeguarding against potential attacks that could compromise vehicle safety and functionality.

North America market held a revenue share of around 35% in 2023, driven by advancements in technology and increasing demand for efficient automotive solutions.

ETAS, Bosch Mobility, Blackberry Ltd., Continental AG, Qualcomm, Herman International (Samsung Electronics Company), Autotalks among others.