Canada V2x Cybersecurity Market Size & Outlook, 2023-2030

The v2x cybersecurity market in Canada is expected to reach a projected revenue of US$ 522.8 million by 2030. A compound annual growth rate of 19.1% is expected of Canada v2x cybersecurity market from 2024 to 2030.
Revenue, 2023 (US$M)
$154.2
Forecast, 2030 (US$M)
$522.8
CAGR, 2024 - 2030
19.1%
Report Coverage
Canada

Canada v2x cybersecurity market highlights

  • The Canada v2x cybersecurity market generated a revenue of USD 154.2 million in 2023 and is expected to reach USD 522.8 million by 2030.
  • The Canada market is expected to grow at a CAGR of 19.1% from 2024 to 2030.
  • In terms of segment, on-board units (osus) was the largest revenue generating unit type in 2023.
  • On-board Units (OSUs) is the most lucrative unit type segment registering the fastest growth during the forecast period.

V2x cybersecurity market data book summary

Market revenue in 2023USD 154.2 million
Market revenue in 2030USD 522.8 million
Growth rate19.1% (CAGR from 2023 to 2030)
Largest segmentOn-board units (osus)
Fastest growing segmentOn-board Units (OSUs)
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOn-board Units (OSUs), Roadside Units (RSUs)
Key market players worldwideAptiv PLC, Continental AG, Denso Corp, Infineon Technologies AG, Lear Corp, NXP Semiconductors NV, Qualcomm Inc, AUTOCRYPT, ESCRYPT, Green Hills Software, Harman International, ID Quantique, Vector Informatik

Other key industry trends

  • In terms of revenue, Canada accounted for 6.5% of the global v2x cybersecurity market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. v2x cybersecurity market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 522.8 million by 2030.

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V2X Cybersecurity Market Companies

Name Profile # Employees HQ Website

Canada 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 58.82% in 2023. Horizon Databook has segmented the Canada v2x cybersecurity market based on on-board units (osus), roadside units (rsus) covering the revenue growth of each sub-segment from 2018 to 2030.


  • Canada V2X Cybersecurity Unit Type Outlook (Revenue, USD Million, 2018-2030)
    • On-board Units (OSUs)
    • Roadside Units (RSUs)
  • Canada V2X Cybersecurity Connectivity Outlook (Revenue, USD Million, 2018-2030)
    • Dedicated Short Range Communications (DSRC)
    • Cellular
  • Canada 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)
  • Canada V2X Cybersecurity Propulsion Outlook (Revenue, USD Million, 2018-2030)
    • Internal Combustion Engine (ICE)
    • Electric & Hybrid
  • Canada V2X Cybersecurity Vehicle Type Outlook (Revenue, USD Million, 2018-2030)
    • Passenger Cars
    • Commercial Vehicles
  • Canada V2X Cybersecurity Security Type Outlook (Revenue, USD Million, 2018-2030)
    • Endpoint Security
    • Software Security
    • Cloud Security

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Target buyers of Canada 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.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Canada v2x cybersecurity market , including forecasts for subscribers. This country databook contains high-level insights into Canada v2x cybersecurity market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada v2x cybersecurity market size, by unit type, 2018-2030 (US$M)

Canada V2X Cybersecurity Market Outlook Share, 2023 & 2030 (US$M)

Canada v2x cybersecurity market size, by unit type, 2018-2030 (US$M)

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