The Vehicle-to-Vehicle (V2V) Communication Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Vehicle-to-Vehicle (V2V) Communication Market?
The historical trend in the Vehicle-to-Vehicle (V2V) Communication Global Market Report 2024 indicates that the market size has experienced swift growth. It is projected to increase from $24.28 billion in 2024 to $27.1 billion in 2025, with a compound annual growth rate (CAGR) of 11.6%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Vehicle-to-Vehicle (V2V) Communication Industry?
The Vehicle-to-Vehicle (V2V) Communication Global Market Report 2024 predicts that by 2029, the market size will increase to $46.37 billion, growing at a compound annual growth rate (CAGR) of 14.4%.
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What are the Key Growth Drivers Fueling the Vehicle-to-Vehicle (V2V) Communication Market?
The key drivers in the vehicle-to-vehicle (v2v) communication market are:
• Rising consumer awareness and acceptance of V2V communication
• Advancements in dynamic spectrum sharing in vehicle communication
• Integrated data privacy solutions in V2V technology
• Emergence of user-centric mobility services in the vehicle industry
Global Market Segmentation: Identifying Major Vehicle-to-Vehicle (V2V) Communication Industry Segments
The vehicle-to-vehicle (V2V) communication market covered in this report is segmented –
1) By Vehicle Type: Passenger Cars, Commercial Vehicles
2) By Connectivity: Dedicated Short-Range Communication (DSRC), Cellular
3) By Deployment Type: Original Equipment Manufacturer (OEM) Devices, After market Devices
4) By Application: Traffic Safety, Traffic Efficiency, Infotainment, Payments, Other Applications
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What are the Emerging Trends Shaping the Future of the Vehicle-to-Vehicle (V2V) Communication Market?
The key trends in the plastic recycling market are:
• Smart contracts for autonomous driving represent a key emerging trend.
• Integration with traffic management systems is increasingly becoming essential.
• Cross-industry collaborations are shaping the V2V communication market's future.
• Adoption of blockchain for autonomous vehicle fleet management is an upcoming trend.
Who Are the Top Competitors & Leading Players in the Vehicle-to-Vehicle (V2V) Communication Market?
Major companies in the vehicle-to-vehicle (v2v) communication market are:
• General Motors Company
• Toyota Motor Corporation
• Volkswagen Group
• Harman International Industries
• Mobileye Global Inc.
• Ford Motor Company
• Bayerische Motoren Werke AG
• Audi AG
• QualComm Inc.
• Cisco Systems Inc.
• Autotalks Ltd.
• DENSO Corporation
• Arada Systems Inc.
• Nissan Motor Co. Ltd.
• Honda Motor Company Ltd.
• Lear Corporation
• Huawei Technologies Co. Ltd.
• Hyundai Motor Company
• Samsung Group
• Kapsch TrafficCom AG
• Delphi Automotive PLC
• Zhejiang Geely Holding Group Co. Ltd.
• Tata Communications Ltd.
• Visteon Corporation
• Continental AG
• Cohda Wireless Pty. Ltd.
• Ficosa S. A.
• Panasonic Corporation
• Iteris Inc.
Regional Dominance: Which Area Leads the Global Vehicle-to-Vehicle (V2V) Communication Market?
North America was the largest region in the vehicle-to-vehicle (V2V) communication market in 2024
