In addition, increasing sales of electric vehicles, paired with government support for V2X technology will create new opportunities for V2X cybersecurity market. The V2C segment of the V2X cybersecurity market is projected to be the largest segment during the forecast period. Thus, increasing demand for V2X communication will lead to increase the need for secured communication. All these abovementioned factors are likely to bolster the revenue growth of the EV segment of the V2X cybersecurity market during the forecast period. Competitive landscapeThe V2X cybersecurity market is dominated by major players including ESCRYPT (Germany), Qualcomm Incorporated (US), Autotalks (Israel), AUTOCRYPT Co., Ltd. (Korea), and Continental AG (Germany).
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