Vehicle-to-Vehicle Communication Market by Component (Hardware, Software), Communication (Vehicle-to-Cloud, Vehicle-to-Device, Vehicle-to-Grid), Technology, Type, Connectivity - Global Forecast 2023-2030

Vehicle-to-Vehicle Communication Market by Component (Hardware, Software), Communication (Vehicle-to-Cloud, Vehicle-to-Device, Vehicle-to-Grid), Technology, Type, Connectivity - Global Forecast 2023-2030


The Vehicle-to-Vehicle Communication Market size was estimated at USD 19.82 billion in 2022 and expected to reach USD 23.40 billion in 2023, at a CAGR 18.52% to reach USD 77.20 billion by 2030.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Vehicle-to-Vehicle Communication Market.
  • Based on Component, market is studied across Hardware and Software. The Hardware is projected to witness significant market share during forecast period.
  • Based on Communication, market is studied across Vehicle-to-Cloud, Vehicle-to-Device, Vehicle-to-Grid, Vehicle-to-Infrastructure, Vehicle-to-Pedestrian, and Vehicle-to-Vehicle. The Vehicle-to-Cloud is projected to witness significant market share during forecast period.
  • Based on Technology, market is studied across Automated Driver Assistance, Backing, Emergency Vehicle Notification, Fleet & Asset Management, Intelligent Traffic Systems, Line of Sight, Non-Line of Sight, Parking Management System, and Passenger Information System. The Emergency Vehicle Notification is projected to witness significant market share during forecast period.
  • Based on Type, market is studied across Commercial Vehicle and Passenger Car. The Commercial Vehicle is projected to witness significant market share during forecast period.
  • Based on Connectivity, market is studied across Cellular and Dedicated Short-Range Communication. The Dedicated Short-Range Communication is projected to witness significant market share during forecast period.
  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas is projected to witness significant market share during forecast period.
Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Vehicle-to-Vehicle Communication Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Vehicle-to-Vehicle Communication Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Vehicle-to-Vehicle Communication Market, highlighting leading vendors and their innovative profiles. These include Autotalks Ltd., BMW AG, Broadcom, Inc., DENSO Corporation, General Motors Company, Harman International Industries, Incorporated, Honda Motor Co., Ltd., Intel Corporation, Lear Corporation, LG Electronics, Mercedes-Benz Group AG, Mobileye Technologies Limited, NXP Semiconductors N.V., Qualcomm Incorporated, Skyworks Solutions, Inc., and TOYOTA MOTOR CORPORATION.

The report offers valuable insights on the following aspects:
  1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
  1. What is the market size and forecast for the Vehicle-to-Vehicle Communication Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Vehicle-to-Vehicle Communication Market?
  3. What is the competitive strategic window for identifying opportunities in the Vehicle-to-Vehicle Communication Market?
  4. What are the latest technology trends and regulatory frameworks in the Vehicle-to-Vehicle Communication Market?
  5. What is the market share of the leading vendors in the Vehicle-to-Vehicle Communication Market?
  6. Which modes and strategic moves are suitable for entering the Vehicle-to-Vehicle Communication Market?


Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Vehicle-to-Vehicle Communication Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising growth of automobile industry and advent of autonomous vehicle technology
5.1.1.2. Growing safety and security concerns among the OEMs, end users, and governments
5.1.1.3. Government support for deploying connected vehicles worldwide
5.1.2. Restraints
5.1.2.1. Lack of resources to deploy and maintain V2I technologies
5.1.3. Opportunities
5.1.3.1. Ongoing R&D and technological advancements of V2V communication
5.1.3.2. Potential use in the developing smart cities worldwide
5.1.4. Challenges
5.1.4.1. Security challenges in V2V communication architectures
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
6. Vehicle-to-Vehicle Communication Market, by Component
6.1. Introduction
6.2. Hardware
6.3. Software
7. Vehicle-to-Vehicle Communication Market, by Communication
7.1. Introduction
7.2. Vehicle-to-Cloud
7.3. Vehicle-to-Device
7.4. Vehicle-to-Grid
7.5. Vehicle-to-Infrastructure
7.6. Vehicle-to-Pedestrian
7.7. Vehicle-to-Vehicle
8. Vehicle-to-Vehicle Communication Market, by Technology
8.1. Introduction
8.2. Automated Driver Assistance
8.3. Backing
8.4. Emergency Vehicle Notification
8.5. Fleet & Asset Management
8.6. Intelligent Traffic Systems
8.7. Line of Sight
8.8. Non-Line of Sight
8.9. Parking Management System
8.10. Passenger Information System
9. Vehicle-to-Vehicle Communication Market, by Type
9.1. Introduction
9.2. Commercial Vehicle
9.3. Passenger Car
10. Vehicle-to-Vehicle Communication Market, by Connectivity
10.1. Introduction
10.2. Cellular
10.3. Dedicated Short-Range Communication
11. Americas Vehicle-to-Vehicle Communication Market
11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States
12. Asia-Pacific Vehicle-to-Vehicle Communication Market
12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam
13. Europe, Middle East & Africa Vehicle-to-Vehicle Communication Market
13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom
14. Competitive Landscape
14.1. FPNV Positioning Matrix
14.2. Market Share Analysis, By Key Player
14.3. Competitive Scenario Analysis, By Key Player
15. Competitive Portfolio
15.1. Key Company Profiles
15.1.1. Autotalks Ltd.
15.1.2. BMW AG
15.1.3. Broadcom, Inc.
15.1.4. DENSO Corporation
15.1.5. General Motors Company
15.1.6. Harman International Industries, Incorporated
15.1.7. Honda Motor Co., Ltd.
15.1.8. Intel Corporation
15.1.9. Lear Corporation
15.1.10. LG Electronics
15.1.11. Mercedes-Benz Group AG
15.1.12. Mobileye Technologies Limited
15.1.13. NXP Semiconductors N.V.
15.1.14. Qualcomm Incorporated
15.1.15. Skyworks Solutions, Inc.
15.1.16. TOYOTA MOTOR CORPORATION
15.2. Key Product Portfolio
16. Appendix
16.1. Discussion Guide
16.2. License & Pricing

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