$4.483 Bn V2X Cybersecurity Market - Global Forecasts from 2024 to 2029: Increased Prevalence of Connected Cars Driving Growth and Innovation [Yahoo! Finance]
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NXP Semiconductors N.V. (NXPI)
Last nxp semiconductors n.v. earnings: 4/27 05:00 pm
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Source: Yahoo! Finance
The V2X cybersecurity market was estimated at US$1.433 billion in 2022, growing at a CAGR of 17.70%, reaching a market size of US$4.483 billion by 2029. The V2X (Vehicle-to-Everything) cybersecurity market is projected to show steady growth during the forecast period. V2X cybersecurity is required to protect self-driving cars from cyber-attacks. The increased prevalence of connected cars and connectivity with the internet, like self-driving cars, are prone to being trapped by hackers. V2X cybersecurity plays an important role in securing communication channels among vehicles, roadside systems, and other connected devices. Hence securing the data from breach and avoiding the possible threat that could impact the vehicle control systems or disturb the traffic protocols. V2X technology provides accessible options where one can share their location, speed, and acceleration criteria which helps to prevent crashes on the road and provides the best option for driving. Vehicles use rad
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NXPI
Earnings
- 4/29/24 - Beat
NXPI
Sec Filings
- 6/11/24 - Form 4
- 6/10/24 - Form 144
- 6/5/24 - Form 8-K
- NXPI's page on the SEC website