Global 5G V2X Communications Market 2025 by Company, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global 5G V2X Communications market size was valued at US$ 110 million in 2024 and is forecast to a readjusted size of USD 3837 million by 2031 with a CAGR of 65.1% during review period.

5G V2X (Vehicle-to-Everything) communications refer to the advanced communication technology that utilizes the fifth generation of wireless networks to facilitate interactions between vehicles and various entities within their environment. V2X is an umbrella term encompassing several types of communications: Vehicle-to-Vehicle (V2V): Direct communication between vehicles to share information such as speed, location, and heading. This can improve safety by enabling collision avoidance systems.

Vehicle-to-Infrastructure (V2I): Communication between vehicles and road infrastructure, like traffic lights, road signs, and traffic management systems. This can optimize traffic flow and reduce congestion. Vehicle-to-Pedestrian (V2P): Communication between vehicles and pedestrians or cyclists. This helps in enhancing the safety of vulnerable road users through alerts and warnings. Vehicle-to-Network (V2N): Communication between vehicles and the broader cellular network. This includes interactions with cloud services for navigation, infotainment, and other internet-based services. Vehicle-to-Device (V2D): Communication between vehicles and various devices, which could include smartphones, wearables, and other gadgets carried by pedestrians or cyclists.

The global key manufacturers of 5G V2X Communications include Quectel, Harman International and CICTCI, etc, top 3 manufacturers hold a share approximately 44%. Quectel is the world's largest 5G V2X Communications manufacturer, with a market share of more than 19%. Europe is the largest market, and has a share about 64%, followed by North America and Asia-Pacific with share 18% and 14%, separately. In terms of product type, Hardware is the largest market segment with a share of more than 64%. In terms of applications, Intelligent Driving is the largest downstream segment, with a market share of about 71%.

This report is a detailed and comprehensive analysis for global 5G V2X Communications market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global 5G V2X Communications market size and forecasts, in consumption value ($ Million), 2020-2031

Global 5G V2X Communications market size and forecasts by region and country, in consumption value ($ Million), 2020-2031

Global 5G V2X Communications market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031

Global 5G V2X Communications market shares of main players, in revenue ($ Million), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for 5G V2X Communications

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global 5G V2X Communications market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Quectel, Harman International, CICTCI, LG Innotek, ZTE, SimCOM, Commsignia, Cohda Wireless, Neoway Technology, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

5G V2X Communications market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Hardware
Software

Market segment by Application
Intelligent Driving
Intelligent Transportation
Communications and Entertainment

Market segment by players, this report covers
Quectel
Harman International
CICTCI
LG Innotek
ZTE
SimCOM
Commsignia
Cohda Wireless
Neoway Technology

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe 5G V2X Communications product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of 5G V2X Communications, with revenue, gross margin, and global market share of 5G V2X Communications from 2020 to 2025.

Chapter 3, the 5G V2X Communications competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and 5G V2X Communications market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of 5G V2X Communications.

Chapter 13, to describe 5G V2X Communications research findings and conclusion.