Vehicle-to-everything Market Size, Trends, Analysis, and Outlook by Technology (V2V technology, V2X technology, V2I technology), Type (Hardware, Software), Application (Navigation and Tracking, Infotainment and Connectivity, Driver Assistance, Security and Safety), by Country, Segment, and Companies, 2024-2030
The global Vehicle-to-everything market size is poised to register 44.62% growth from 2024 to 2030, presenting significant growth prospects for companies operating in the industry. The study analyzes the global Vehicle-to-everything market by Technology (V2V technology, V2X technology, V2I technology), Type (Hardware, Software), Application (Navigation and Tracking, Infotainment and Connectivity, Driver Assistance, Security and Safety).
The future of the Vehicle-to-Everything (V2X) market is poised for transformative growth driven by the proliferation of connected vehicles equipped with advanced sensors and communication technologies that will enable seamless interaction with surrounding infrastructure, other vehicles, pedestrians, and the broader environment, enhancing safety and efficiency on the roads. Secondly, the rising adoption of electric vehicles (EVs) and autonomous vehicles (AVs) will further propel the demand for V2X solutions, as these technologies rely heavily on real-time data exchange for navigation, traffic management, and energy optimization. Further, the push toward smart cities and sustainable transportation solutions will fuel the deployment of V2X infrastructure, facilitating smarter traffic management, reduced congestion, and lower carbon emissions. In addition, regulatory initiatives aimed at promoting V2X communication standards and interoperability will play a crucial role in shaping the market landscape, fostering innovation, and ensuring widespread adoption. Accordingly, the V2X market is poised to witness exponential growth, revolutionizing the way we perceive and interact with vehicles and transportation systems by 2030..
Vehicle-to-everything Market Drivers, Trends, Opportunities, and Growth Opportunities
This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The Vehicle-to-everything market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Vehicle-to-everything survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the Vehicle-to-everything industry.
Key market trends defining the global Vehicle-to-everything demand in 2024 and Beyond
The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.
Vehicle-to-everything Market Segmentation- Industry Share, Market Size, and Outlook to 2030
The Vehicle-to-everything industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support Vehicle-to-everything companies scaling up production in these sub-segments with a focus on expanding into emerging countries.
Key strategies adopted by companies within the Vehicle-to-everything industry
Leading Vehicle-to-everything companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 Vehicle-to-everything companies.
Vehicle-to-everything Market Study- Strategic Analysis Review
The Vehicle-to-everything market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-
- Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
- Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
- Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
- Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.
Vehicle-to-everything Market Size Outlook- Historic and Forecast Revenue in Three Cases
The Vehicle-to-everything industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2030 in three case scenarios- low case, reference case, and high case scenarios.
Vehicle-to-everything Country Analysis and Revenue Outlook to 2030
The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2030. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2030.
North America Vehicle-to-everything Market Size Outlook- Companies plan for focused investments in a changing environment
The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong end-user industry demand. Leading companies focus on new product launches in the changing environment. The US economy is expected to grow in 2024 (around 2.2% growth in 2024), potentially driving demand for various Vehicle-to-everything market segments. Similarly, Strong end-user demand is encouraging Canadian Vehicle-to-everything companies to invest in niche segments. Further, as Mexico continues to strengthen its trade relations and invest in technological advancements, the Mexico Vehicle-to-everything market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.
Europe Vehicle-to-everything Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities
The German industry remains the major market for companies in the European Vehicle-to-everything industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of businesses in identifying and leveraging new growth prospects positions the European Vehicle-to-everything market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.
Asia Pacific Vehicle-to-everything Market Size Outlook- an attractive hub for opportunities for both local and global companies
The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for Vehicle-to-everything in Asia Pacific. In particular, China, India, and South East Asian Vehicle-to-everything markets present a compelling outlook for 2030, acting as a magnet for both domestic and multinational manufacturers seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major markets in the region.
Latin America Vehicle-to-everything Market Size Outlook- Continued urbanization and rising income levels
Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.
Middle East and Africa Vehicle-to-everything Market Size Outlook- continues its upward trajectory across segments
Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Vehicle-to-everything market potential. Fueled by increasing consumption expenditure, growing population, and high demand across a few markets drives the demand for Vehicle-to-everything.
Vehicle-to-everything Market Company Profiles
The global Vehicle-to-everything market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Cisco Systems Inc, 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 NV, Unex Technology Corp.
Recent Vehicle-to-everything Market Developments
The global Vehicle-to-everything market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.
Vehicle-to-everything Market Report Scope
Parameters: Revenue, Volume Price
Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2030 (Forecast Period)
Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)
Qualitative Analysis
- Pricing Analysis
- Value Chain Analysis
- SWOT Profile
- Market Dynamics- Trends, Drivers, Challenges
- Porter’s Five Forces Analysis
- Macroeconomic Impact Analysis
- Case Scenarios- Low, Base, High
Market Segmentation:
Technology
V2V technology
V2X technology
V2I technology
Type
Hardware
Software
Application
Navigation and Tracking
Infotainment and Connectivity
Driver Assistance
Security and Safety
Geographical Segmentation:
- North America (3 markets)
- Europe (6 markets)
- Asia Pacific (6 markets)
- Latin America (3 markets)
- Middle East Africa (5 markets)
Companies
Cisco Systems Inc
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 NV
Unex Technology Corp.
Formats Available: Excel, PDF, and PPT