Global Market Size, Forecast, and Trend Highlights Over 2025-2037
V2X Cybersecurity Market size was valued at USD 66.57 million in 2024 and is set to exceed USD 13.64 billion by 2037, registering over 50.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of V2X cybersecurity is evaluated at USD 95.2 million.
The growth of the market can be attributed to the increasing amount of data generated by vehicles, and rise in the number of cyberattacks around the world. The total number of malware infections rose up to 812.6 million in 2018, up from 702 million and 580.4 million since 2017 and 2016 respectively. Along with these, growing dependency on internet, and rapid development of autonomous vehicles by prominent automobile manufacturers are also crucial factors expected to boost market growth in the forthcoming years. Furthermore, connected and autonomous vehicles rely on sophisticated V2X technologies and systems for collecting and sharing real-time data. As these vehicles are gaining momentum since the last few years, OEMs and other stakeholders are collaborating for revolutionizing the traditional way of driving, which in turn is projected to offer profitable opportunities to the market in the near future.
