Automotive Vehicle to Everything (V2X) Communications Market Research Report By V2X Communication ( Vehicle-to-vehicle (V2V), Vehicle-to-infrastructure (V2I), Vehicle-to-pedestrian (V2P), Vehicle-to-network (V2N), Vehicle-to-device (V2D), Vehicle-to-grid/ Vehicle-to-home), By V2X Architecture ( Vehicular OBUs, Non-vehicular Devices, Roadside Units, V2X Application Software, V2X Application Servers, V2X Control Function & Cellular Network Elements, V2X Security Subsystems), and by Region- Global Forecast to 2034
June-2025 Formats | PDF | Category: Automotive | Delivery: 24 to 72 Hours
“The Automotive Vehicle to Everything (V2X) Communications Market industry is expected to expand from 1.6 Billion in 2025 to $ 12.4 Billion in 2034, with a compound annual growth rate of 27.5% “
Automotive Vehicle to Everything (V2X) Communications Market: Overview and Growth in the Upcoming Year
Technology is developing so quickly, the automotive industry is adapting to the needs of the contemporary world. One of the most intriguing developments in recent years has been the rise of Automotive Vehicle to Everything (V2X) communications. Vehicles and infrastructure, such as traffic signals and road signs, can communicate thanks to this state-of-the-art technology. This article will address the current state of the V2X communications market as well as its potential for growth in the coming year.
Vehicle-to-vehicle (V2X) communications are the exchange of information between automobiles and other objects that vehicles can affect or be affected by. Road signs, traffic signals, cyclists, pedestrians, and other vehicles on the road can all be involved. By enabling this communication, V2X technology aims to improve driving, reduce traffic, and increase road safety.
As more automakers and IT companies invest in V2X communications, the market is expected to grow significantly over the course of the next year. As autonomous vehicles and smart cities proliferate, the demand for V2X solutions will only increase. Companies in the automotive and electronics industries now have a unique opportunity to capitalise on this growing market.
Despite the great potential of V2X communications, a number of problems need to be fixed. One of the main obstacles is the need for standardised protocols to ensure seamless communication between different vehicles and infrastructure. Resolving cybersecurity and data privacy concerns is also necessary to win over stakeholders and customers.
For Insights Consultancy’s latest market intelligence study, “Global Automotive Vehicle to Everything (V2X) Communications Market 2025, Growth Opportunities, and Forecast,” provides a comprehensive analysis of the Food industry. The report includes demand analysis, industry insights, competition intelligence, and a customer database. It also offers strategic insights into future trends, growth determinants, supplier landscape, demand landscape, CAGR, and pricing analysis. The study also includes Porter’s Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps’ Analysis, Market Attractiveness Analysis, BPS Analysis, and Ecosystem Analysis.
*Note: Sample of the report provides details on the scope and coverage, table of contents, research methodology, and Sample Framework of the report. Actual report of 110+ is available for purchase to all the interested stakeholders.
Automotive Vehicle to Everything (V2X) Communications Market Key Takeaways
Regional Contribution to Market in 2024:
Globally, the automotive vehicle-to-everything (V2X) communications market is expanding significantly in a number of locations. Due to strict laws supporting road safety and the growing use of linked cars, North America is anticipated to dominate the market in 2024. Thanks to developments in smart city infrastructure and the presence of major automakers, Europe is also well-positioned to contribute significantly to the industry.
Fastest Growing Region:
Even though North America and Europe are predicted to dominate the automotive V2X communications market in 2024, the Asia Pacific region is currently growing at the fastest rate. The rapid urbanisation, expanding automotive industry, and government initiatives to promote smart mobility solutions are driving the development of V2X communications technology in countries like China, Japan, and South Korea.
Market Breakdown by Type:
The automotive V2X communications market is separated into two main segments: vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I). By enabling vehicles to exchange information such as position, speed, and direction, vehicle-to-vehicle (V2V) communication enhances traffic flow management and collision avoidance. However, by allowing cars to communicate with roadside infrastructure, traffic lights, and parking systems, V2I communication improves overall road safety and efficiency.
Fastest Growing Sub-Segment:
The V2X communications ecosystem’s Vehicle-to-Cloud (V2C) subsegment is growing rapidly. Cars can connect to cloud-based services via vehicle-to-vehicle (V2C) communication, which offers real-time weather, traffic, and navigation information. In the coming years, as automakers put more of an emphasis on building connected cars, the demand for V2C communication technology is expected to increase.
Key Applications (2024 Market Share):
The automotive V2X communications market includes applications such as traffic management, smart parking, autonomous driving, and vehicle safety. Among these, automotive safety applications are expected to hold the largest market share in 2024. V2X communication technology plays a crucial role in enhancing road safety by offering cooperative collision avoidance systems, emergency brake interventions, and early warnings about potential hazards.
Fastest Growing Application (Forecast Period 2025 to2034)
Applications for autonomous driving are anticipated to grow at the fastest rate in the automotive V2X communications market between 2025 and 2034. As automakers continue to develop self-driving cars that rely on real-time data sharing for navigation and decision-making, the demand for V2X communication solutions will rise sharply.
Report Attributes
Metric | Details |
Market Size in 2025 | USD 1.6 Billion |
Projected Market Size in 2034 | USD 12.4 Billion |
CAGR (2025 – 2034) | 27.5% |
Leading Region | North America and Europe – North America and Europe is anticipated to be the fastest-growing region in the Automotive Vehicle to Everything (V2X) Communications Market. |
Market Segmentation | By V2X Communication, by V2X Architecture, by Technology, by Transmission Mode, and By Region |
Top Key Players | Beijing Automotive Co., Ltd., Alcraft Motor Company Ltd, BMW AG, BYD Company Ltd., CANOO, Chery, Continental AG, Daimler Truck AG., dSPACE GmbH, Faraday&Future Inc., Fisker, Inc., Ford Motor Company, Geely, General Motors, Honda, Huawei Technologies Co., Ltd., Hyundai Motor Company, LG Innotek, Marvell, NATIONAL INSTRUMENTS CORP., Nokia, NXP Semiconductors, Qualcomm Technologies, Inc., Telit Cinterion, Quectel, STMicroelectronics, WISTRON CORPORATION, ZTE Corporation |
Customization Scope | Report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
Top Companies Covered In This Report:
The Automotive Vehicle to Everything (V2X) Communications Market’s competitive environment provides a thorough examination of the major participants. Company summaries, financial results, revenue generation, market potential, R&D expenditures, new market strategies, regional presence, strengths and weaknesses, product launches, product range, and application leadership are some of the data it contains. These statistics particularly relate to the businesses’ operations and areas of concentration in the Automotive Vehicle to Everything (V2X) Communications market.
- Beijing Automotive Co. Ltd.
- Alcraft Motor Company Ltd
- BMW AG
- BYD Company Ltd.
- CANOO
- Chery
- Continental AG
- Daimler Truck AG.
- dSPACE GmbH
- Faraday&Future Inc.
- Fisker Inc.
- Ford Motor Company
- Geely
- General Motors
- Honda
- Huawei Technologies Co. Ltd.
- Hyundai Motor Company
- LG Innotek
- Marvell
- NATIONAL INSTRUMENTS CORP.
- Nokia
- NXP Semiconductors
- Qualcomm Technologies Inc.
- Telit Cinterion
- Quectel
- STMicroelectronics
- WISTRON CORPORATION
- ZTE Corporation
Industry News
China，15/April/2025 BMW Launched All New BMW 5 Series with V2X Technology in China, Cooperating with JOYNEXT to Build Smart Cities
Starting from January 2025, BMW has released its All-New BMW 5 Series equipped with JOYNEXT’s industry-leading Vehicle-to-Everything (V2X) technology in China, marking BMW’s first model to feature integrated V2X capabilities. This cooperation not only accelerates the promotion of smart connectivity technology but also demonstrates BMW’s firm commitment to more profound local cooperation in China, and the drive for ecological development and innovation within the industry.
Jun 5, 2025 Qualcomm Acquires Autotalks to Boost V2X Deployments, Enhance Road Safety, and Improve Automated Driving and Traffic Efficiency
Qualcomm Incorporated announced today that its subsidiary, Qualcomm Technologies, Inc., has completed the acquisition of Autotalks, an industry leader in direct vehicle-to-everything (V2X) communication solutions. V2X technologies, which enable communication between vehicles and their surroundings, have become increasingly critical for enhancing road safety and transportation efficiency.
Detailed Segmentation and Classification of the report (Market Size and Forecast – 2034, Y-o-Y growth rate, and CAGR):
Segment By V2X Communication
- Vehicle-to-vehicle (V2V)
- Vehicle-to-infrastructure (V2I)
- Vehicle-to-pedestrian (V2P)
- Vehicle-to-network (V2N)
- Vehicle-to-device (V2D)
- Vehicle-to-grid/ Vehicle-to-home
Segment ByArchitecture
- Vehicular OBUs
- Non-vehicular Devices
- Roadside Units
- V2X Application Software
- V2X Application Servers
- V2X Control Function & Cellular Network Elements
- V2X Security Subsystems
Segment ByV2X Architecture
- Vehicular OBUs
- Non-vehicular Devices
- Roadside Units
- V2X Application Software
- V2X Application Servers
- V2X Control Function & Cellular Network Elements
- V2X Security Subsystems
Segment By Technology
- Dedicated Short Range Communication (DSRC)
- Cellular V2X
Segment ByBusiness Model
- B2C (Business to Customer)
- B2B (Business to Business)
- B2B2X (Business to Business to Business/Customer)
Regional Deep-dive Analysis:
The report provides in-depth qualitative and quantitative data on the Automotive Vehicle to Everything (V2X) Communications Market for all of the regions and countries listed below:
North America
United States
The US is setting the standard for V2X communications adoption, with major automakers investing heavily in R&D to increase road safety and efficiency. The country’s state-of-the-art infrastructure and supportive regulatory environment are driving the growth of the V2X communications market.
Canada
In Canada, where public and private sector organisations are collaborating to improve transportation networks, V2X communication technology adoption is also booming. The country’s focus on developing smart cities and sustainable mobility solutions is driving the need for V2X communication systems.
Mexico
As a result of initiatives to modernise the nation’s transportation infrastructure and address road safety concerns, the market for V2X communications is growing in Mexico. Government initiatives to promote the use of intelligent transportation systems and connected cars are driving growth in the country’s V2X communications market.
Asia-Pacific
China
One of the largest car marketplaces in the world is located in China, where the V2X communications industry is expanding rapidly. The government’s focus on promoting the use of connected cars and smart transportation networks is increasing the demand for V2X communications technology. Major players in the market are investing heavily in R&D to meet the growing demands of the Chinese auto industry.
Japan
Japan is at the forefront of developing V2X communications technology. The country’s auto industry wants to increase vehicle safety, traffic efficiency, and driving enjoyment by utilising V2X communications. Japanese automakers are collaborating with tech companies to integrate V2X systems into their vehicles in an effort to make them more connected and intelligent.
South Korea
South Korea is emerging as a significant player in the V2X communications market with an emphasis on developing connected car technologies. Government support for automotive research and development has led to the adoption of V2X communications by domestic manufacturers. South Korean companies are actively creating innovative V2X solutions to meet the demands of the global auto industry.
India
There is a lot of potential for growth even though the V2X communications industry in India is still relatively new. Given the increased focus on digital infrastructure and smart cities, it is projected that the use of V2X communications technology will rise in the years to come. Indian automakers are investigating methods to integrate traffic control and road safety measures.
Europe
Germany
Germany is at the forefront of automotive technology, with well-known brands like Daimler, Volkswagen, and BMW leading the charge for connected car solutions. The country’s excellent infrastructure and robust government support have created a favourable environment for the growth of the V2X communications sector. Germany is establishing the benchmark for better communication between vehicles, other road users, and infrastructure through initiatives like the Intelligent Transport Systems (ITS) policy.
France
France is a significant market for automotive V2X communications, with a focus on improving road safety and efficiency. The French government’s emphasis on smart mobility solutions has led to the use of V2X technologies in cities like Paris and Lyon. Collaborations between automakers, government agencies, and communication providers are driving industry innovation, with a focus on reducing emissions and traffic congestion.
United Kingdom
The UK is witnessing remarkable advancements in V2X communications, with projects such as the UK Autodrive consortium showcasing the potential of connected and autonomous vehicles. Through its Future of Mobility policy, the government intends to promote the development of V2X technology by establishing the UK as a world leader in intelligent transport systems. With an emphasis on data security and privacy, the UK is working to establish a strong regulatory framework for V2X communication.
Middle East and Africa
Saudi Arabia
Saudi Arabia is a significant Middle Eastern market with high goals for the creation of smart cities and smart transportation systems. Given that Saudi Arabia has the biggest economy in the region, there are numerous opportunities for V2X communications companies to work with regional government agencies and other stakeholders to deploy connected vehicle solutions. With a focus on enhancing road safety and reducing traffic congestion, it is projected that the demand for V2X communications will rise in the years to come.
UAE
The United Arab Emirates (UAE), a key market for V2X communications, is setting the standard for the automotive sector’s adoption of advanced technologies. Because of initiatives like Smart Dubai and investments in smart infrastructure, the UAE provides V2X technology vendors with an excellent opportunity to showcase their goods. The nation’s need for V2X communications is further fueled by the government’s emphasis on sustainable transportation and smart cities.
South Africa
South Africa is emerging as a significant V2X communications market due to the need for efficient and safe transportation systems. Urbanisation and traffic congestion in major cities like Johannesburg and Cape Town are increasing the need for connected car technologies to improve traffic management and reduce accident rates. The government’s focus on intelligent mobility solutions fosters an atmosphere that helps V2X communications firms expand their market share in Africa.
The research provides answers to the following key questions:
- What is the expected growth rate of the Automotive Vehicle to Everything (V2X) Communications Market from 2025-2034?
- What are the key driving forces shaping the market during the forecast period?
- Who are the major market vendors and what winning strategies have helped them occupy a strong foothold in the Automotive Vehicle to Everything (V2X) Communications Market?
- What are the prominent market trends influencing the market’s development?
Key insights provided by the report that could help you take critical strategic decisions?
- Regional reports analyse product/service consumption and market factors in each region.
- Reports highlight possibilities and dangers for suppliers in the Automotive Vehicle to Everything (V2X) Communications Market business globally.
- The report identifies regions and sectors with the highest growth potential.
- It provides a competitive market ranking of major companies, as well as information on new product launches, partnerships, business expansions, and acquisitions.
- The report includes a comprehensive corporate profile with company overviews, insights, product benchmarks, and SWOT analysis for key market participants.
Customization: We can provide following things
1) On request more company profiles (competitors)
2) Data about particular country or region
3) We will incorporate the same with no additional cost (Post conducting feasibility).
Any Requirement Contact us: https://www.forinsightsconsultancy.com/contact-us/
Table of Contents
For TOC Contact us: https://www.forinsightsconsultancy.com/contact-us/
