Global V2x Cybersecurity Market Size & Outlook, 2023-2030

The v2x cybersecurity industry worldwide is expected to reach a projected revenue of US$ 7,970.3 million by 2030. A compound annual growth rate of 18.9% is expected of the worldwide v2x cybersecurity industry from 2024 to 2030.
Revenue, 2023 (US$M)
$2,375.3
Forecast, 2030 (US$M)
$7,970.3
CAGR, 2024 - 2030
18.9%
Report Coverage
Worldwide

Global v2x cybersecurity market highlights

  • The global v2x cybersecurity market generated a revenue of USD 2,375.3 million in 2023 and is expected to reach USD 7,970.3 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 18.9% by 2030.
  • In terms of segment, on-board units (osus) accounted for a revenue of USD 1,392.7 million in 2023.
  • On-board Units (OSUs) is the most lucrative unit type segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 2,375.3 million
Market revenue in 2030USD 7,970.3 million
Growth rate18.9% (CAGR from 2023 to 2030)
Largest segmentOn-board units (osus)
Fastest growing segmentOn-board Units (OSUs)
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOn-board Units (OSUs), Roadside Units (RSUs)

Other key industry trends

  • In terms of revenue, the North America accounted for 31.6% of the global v2x cybersecurity market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 59.4 million by 2030.

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V2X Cybersecurity Market Companies

Name Profile # Employees HQ Website

Global v2x cybersecurity market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to v2x cybersecurity market will help companies and investors design strategic landscapes.


On-board units (osus) was the largest segment with a revenue share of 58.63% in 2023. Horizon Databook has segmented the Global v2x cybersecurity market based on on-board units (osus), roadside units (rsus) covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global V2X Cybersecurity Unit Type Outlook (Revenue, USD Million, 2018-2030)
    • On-board Units (OSUs)
    • Roadside Units (RSUs)
  • Global V2X Cybersecurity Connectivity Outlook (Revenue, USD Million, 2018-2030)
    • Dedicated Short Range Communications (DSRC)
    • Cellular
  • Global V2X Cybersecurity Communication Outlook (Revenue, USD Million, 2018-2030)
    • Vehicle-to-Vehicle (V2V)
    • Vehicle-to-Infrastructure (V2I)
    • Vehicle-to-Grid (V2G)
    • Vehicle-to-Pedestrian (V2P)
    • Vehicle-to-Cloud (V2C)
  • Global V2X Cybersecurity Propulsion Outlook (Revenue, USD Million, 2018-2030)
    • Internal Combustion Engine (ICE)
    • Electric & Hybrid
  • Global V2X Cybersecurity Vehicle Type Outlook (Revenue, USD Million, 2018-2030)
    • Passenger Cars
    • Commercial Vehicles
  • Global V2X Cybersecurity Security Type Outlook (Revenue, USD Million, 2018-2030)
    • Endpoint Security
    • Software Security
    • Cloud Security

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Target buyers of Global v2x cybersecurity market databook

  • Our clientele includes a mix of v2x cybersecurity market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global v2x cybersecurity market , including forecasts for subscribers. This global databook contains high-level insights into Global v2x cybersecurity market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global v2x cybersecurity market size, by regions, 2018-2030 (US$M)

Top 10 countries: V2x cybersecurity market size, 2023 (US$M)

Global v2x cybersecurity market share, by unit type, 2023 & 2030 (%, US$M)

V2x cybersecurity market: Opportunity assessment by country

Global v2x cybersecurity market, by region, 2023 (US$M)

Global v2x cybersecurity market size, by regions, 2018-2030 (US$M)

Unit Type 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 CAGR
North America 380.1 440.7 485.3 552.9 641.6 750.0 880.4 1,037.7 1,225.7 1,451.0 1,719.8 2,040.9 2,424.9 18.3%
Europe 358.3 418.6 464.5 533.3 623.5 734.5 868.8 1,031.8 1,228.0 1,464.9 1,749.6 2,092.1 2,504.7 19.2%
Asia Pacific 277.0 326.2 364.8 422.0 497.3 590.4 703.7 842.3 1,010.2 1,214.5 1,461.8 1,761.5 2,125.3 20.1%
Latin America 74.6 89.3 101.4 119.3 142.8 172.3 208.7 253.9 309.4 378.0 462.4 566.2 694.3 22.0%
MEA 82.1 91.5 96.5 105.0 115.8 128.1 141.4 155.8 170.6 185.5 199.6 212.0 221.2 8.1%
Overall 1,172.1 1,366.2 1,512.6 1,732.5 2,021.0 2,375.3 2,803.1 3,321.4 3,943.9 4,693.8 5,593.1 6,672.7 7,970.3 18.9%

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