Global Vehicle-To-Everything (V2X) Communication System Market 2024-2028
The vehicle-to-everything (V2X) communication system market is forecasted to grow by USD 23404.6 mn during 2023-2028, accelerating AT a CAGR of 22.79% during the forecast period. The report on the vehicle-to-everything (V2X) communication system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for Smart road infrastructure, increasing popularity of autonomous vehicles, and increasing adoption of technologically advanced mobile devices.
Technavio's vehicle-to-everything (V2X) communication system market is segmented as below:
By Connectivity
By Vehicle Type
By Geography
- Europe
- North America
- APAC
- South America
- Middle East and Africa
This study identifies the advent of Smart cities as one of the prime reasons driving the vehicle-to-everything (V2X) communication system market growth during the next few years. Also, increasing use of autonomous cab and parcel delivery fleets and integration of IoT powered by AI technology in automobiles will lead to sizable demand in the market.
The report on the vehicle-to-everything (V2X) communication system market covers the following areas:
- Vehicle-to-everything (V2X) communication system market sizing
- Vehicle-to-everything (V2X) communication system market forecast
- Vehicle-to-everything (V2X) communication system market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading vehicle-to-everything (V2X) communication system market vendors that include Aptiv PLC, Autotalks Ltd., BMW AG, Capgemini Service SAS, Cisco Systems Inc., Cohda Wireless Pty. Ltd., Continental AG, DENSO Corp., General Motors Co., Huawei Technologies Co. Ltd., Infineon Technologies AG, Kapsch TrafficCom AG, Lear Corp., Neusoft Corp., NXP Semiconductors NV, Qualcomm Inc., Robert Bosch GmbH, Samsung Electronics Co. Ltd., STMicroelectronics International N.V., and Unex Technology Corp.. Also, the vehicle-to-everything (V2X) communication system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. IT presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.