Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Automotive Vehicle To Everything (V2X) Communications Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Projected Market Size of the Automotive Vehicle To Everything (V2X) Communications Industry in 2024 and 2025?
The market size of the Automotive Vehicle To Everything (V2X) Communications sector has witnessed exponential growth in recent years. The market value, which was $3.6 billion in 2024, is predicted to rise to $4.43 billion in 2025, indicating a compound annual growth rate (CAGR) of 23.3%.
What Is the Projected Market Size of the Automotive Vehicle To Everything (V2X) Communications Market in 2029?
By the year 2029, the Automotive Vehicle To Everything (V2X) Communications market size is projected to grow to $9.77 billion. This market will grow at a compound annual growth rate (CAGR) of 21.9%.
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What Are the Key Drivers of Automotive Vehicle To Everything (V2X) Communications Market Growth?
The key drivers in the automotive vehicle to everything (v2x) communications market are:
• Rising demand for connected vehicles
• Increased industrialization and urbanization worldwide
• Growing need for advanced technology in automotive sector
• Increased focus on the development and implementation of smart city infrastructures.
What Are the Primary Segmentation Categories in the Automotive Vehicle To Everything (V2X) Communications Market?
The automotive vehicle to everything (v2x) communications market covered in this report is segmented –
1) By Type: Vehicle-To-Vehicle, Vehicle-To-Infrastructure, Vehicle-To-Pedestrian
2) By Technology: Automated Driver Assistance, Intelligent Traffic Systems, Emergency Vehicle Notification, Passenger Information System, Fleet And Asset Management, Parking Management System, Line Of Sight, Non-line Of Sight, Backing, Other Technologies
3) By Application: Road Safety Services, Automatic Parking Systems, Emergency Vehicles, Auto Car Services
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What Are the Major Trends Shaping the Automotive Vehicle To Everything (V2X) Communications Market in 2025 and Beyond?
The key trends in the automotive vehicle to everything (v2x) communications market are:
• The market is being shaped by ongoing technological advancements in V2X communications.
• Accelerated deployment of 5G networks is another major trend in the market.
• The integration of V2X communications with connected and autonomous vehicles is a significant development.
• The expansion of cellular V2X (C-V2X) technology and the advent of smart city infrastructure are notable emerging trends.
Who Are the Emerging Players in the Automotive Vehicle To Everything (V2X) Communications Market?
Major players in the automotive vehicle to everything (v2x) communications market are:
• Volkswagen Group
• Toyota Motor Corporation
• The Mercedes-Benz Group AG
• Ford Motor Company
• General Motors Company
• Bayerische Motoren Werke AG
• AT&T Inc.
• Honda Motor Co. Ltd.
• Hyundai Motor Company
• Robert Bosch GmbH
• Tesla Inc.
• Nissan Motor Corporation
• Panasonic Holdings Corporation
• Cisco Systems Inc.
• Denso Corporation
• Qualcomm Technologies Inc.
• Continental AG
• Volvo Car Corporation
• Aptiv PLC
• NXP Semiconductors N.V.
• BorgWarner Inc.
• Visteon Corporation
• Harman International Industries Inc.
• Mobileye
Which Regions Are Leading the Growth in the Global Automotive Vehicle To Everything (V2X) Communications Market?
Europe was the largest region in the automotive vehicle to everything (V2X) communications market in 2024
