V2X Cybersecurity Industry - Regional Synopsis
On the basis of geographical analysis, the global market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa region. Asia Pacific industry is set to hold largest revenue share by 2037, due to high sales of V2X equipped vehicles, and growing demand for cybersecurity solutions in the region. Apart from these, strong presence of major market players is also predicted to drive APAC’s market growth in the future. Additionally, the market in North America is also assessed to grab a notable market share during the forecast period ascribing to the rise in sales of connected vehicles, and high emphasis on developing innovative artificial intelligence solutions in the region. In 2017, more than 45 percent of Americans used digital assistants to interact with their smartphones, whereas around 8 percent of them used it on a standalone device.
