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V2X Communication Technology Market

Publisher Evolve Business Intelligence
Published Apr 14, 2025
SKU # EVBI19932205

Description

The V2X Communication Technology Market is projected to reach USD 18.74 billion by 2033, growing from USD 0.52 billion in 2023 at a compound annual growth rate (CAGR) of 48.14% between 2023 and 2033. This market involves the development, production, and deployment of Vehicle-to-Everything (V2X) communication systems. V2X technology allows vehicles to communicate with each other (V2V), with infrastructure (V2I), with pedestrians (V2P), and with networks (V2N). By enabling the real-time exchange of information among vehicles, traffic lights, road signs, and other components of the transportation ecosystem, V2X technology aims to improve road safety, traffic efficiency, and the overall driving experience.

The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.

Segments covered

By Offering (Hardware, Software)
By Vehicle Type (Passenger Car, Commercial Vehicle)
By Communication (Vehicle-To-Vehicle (V2v), Vehicle-To-Infrastructure (V2i), Vehicle-To-Pedestrian (V2p), Vehicle-To-Grid (V2g), Vehicle-To-Cloud (V2c), Vehicle-To Device (V2d))
By Technology (Automated Driver Assistance, Intelligent Traffic Systems, Emergency Vehicle Notification, Passenger Information System, Fleet & Asset Management, Parking Management System, Line Of Sight, Non-Line Of Sight, Backing, Others)

Key players

Altran
Autotalks Ltd.
Continental
HARMAN International
Infineon Technologies
NXP Semiconductors
Qualcomm Technologies Inc.
Robert Bosch
Savari Inc.
STMicroelectronics

Table of Contents

CHAPTER 1. Executive Summary
CHAPTER 2. Scope of the Study
2.1. Market Definition
2.2. Market Scope & Segmentation
2.2.1. Objective of Report
CHAPTER 3. Evolve BI Methodology
3.1. Data Collection & Validation Approach
3.2. Market Size Estimation and Forecast
CHAPTER 4. Exclusive Analysis
4.1. Market Opportunity Score
4.1.1. Offering Segement – Market Opportunity Score
4.1.2. Vehicle Type Segment – Market Opportunity Score
4.1.3. Communication Segment – Market Opportunity Score
4.1.4. Technology Segment – Market Opportunity Score
4.2. Key Market Influencing Indicators
CHAPTER 5. Market Insights and Trends
5.1. Value Chain Analysis
5.1.1. Raw Material
5.1.2. Manufacturing Process
5.1.3. Distribution Channel
5.1.4. End Users
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining Power of Buyers
5.2.2. Bargaining Power of Suppliers
5.2.3. Threat of New Entrant
5.2.4. Threat of Substitute
5.2.5. Industry Rivalry
5.3. COVID-19 Impact and Post COVID Scenario on V2X Communication Technology Market
5.3.1. Impact of COVID-19
5.3.2. Government Support and Industry Revival Policies
5.3.3. Measures Taken by Companies to Mitigate Negative Impact
5.3.4. Post COVID Trend
CHAPTER 6. MArket Dynamics
6.1. Introduction
6.2. Drivers
6.2.1. Driver 1
6.2.2. Driver 2
6.2.3. Driver 3
6.3. Restraints
6.3.1. Restraint 1
6.3.2. Restraint 2
6.4. Opportunity
6.4.1. Opportunity 1
CHAPTER 7. V2X Communication Technology Market, By Offering
7.1. Introduction
7.1.1. Hardware
7.1.2. Software
CHAPTER 8. V2X Communication Technology Market, By Vehicle Type
8.1. Introduction
8.1.1. Passenger Car
8.1.2. Commercial Vehicle
CHAPTER 9. V2X Communication Technology Market, By Communication
9.1. Introduction
9.1.1. Vehicle-To-Vehicle (V2v)
9.1.2. Vehicle-To-Infrastructure (V2i)
9.1.3 Vehicle-To-Pedestrian (V2p)
9.1.4 Vehicle-To-Grid (V2g)
9.1.5 Vehicle-To-Cloud (V2c)
9.1.6 Vehicle-To Device (V2d)
CHAPTER 10. V2X Communication Technology Market, By Technology
10.1.Introduction
10.1.1. Automated Driver Assistance
10.1.2. Intelligent Traffic Systems
10.1.3. Emergency Vehicle Notification
10.1.4. Passenger Information System
10.1.5. Fleet & Asset Management
10.1.6. Parking Management System
10.1.7. Line Of Sight
10.1.8. Non-Line Of Sight
10.1.9. Backing
10.1.10. Others
CHAPTER 11. V2X Communication Technology Market, By Region
11.1. Introduction
11.2. NORTH AMERICA
11.2.1. North America: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
11.2.2. North America: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million)
11.2.3. North America: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
11.2.4. North America: Market Size and Forecast, By Communication, 2023 – 2033 ($ Million)
11.2.5. North America: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
11.2.6. US
11.2.6.1. US: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million)
11.2.6.2. US: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
11.2.6.3. US: Market Size and Forecast, By Communication, 2023 – 2033 ($ Million)
11.2.6.4. US: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
11.2.7. CANADA
11.2.7.1. Canada: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million)
11.2.7.2. Canada: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
11.2.7.3. Canada: Market Size and Forecast, By Communication, 2023 – 2033 ($ Million)
11.2.7.4. Canada: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
11.2.8. MEXICO
11.2.8.1. Mexico: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million)
11.2.8.2. Mexico: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
11.2.8.3. Mexico: Market Size and Forecast, By Communication, 2023 – 2033 ($ Million)
11.2.8.4. Mexico: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
11.3. Europe
11.3.1. Europe: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
11.3.2. Europe: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million)
11.3.3. Europe: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
11.3.4. Europe: Market Size and Forecast, By Communication, 2023 – 2033 ($ Million)
11.3.5. Europe: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
11.3.6. U.K.
11.3.6.1. U.K.: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million)
11.3.6.2. U.K.: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
11.3.6.3. U.K.: Market Size and Forecast, By Communication, 2023 – 2033 ($ Million)
11.3.6.4. U.K.: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
11.3.7. GERMANY
11.3.7.1. Germany: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million)
11.3.7.2. Germany: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
11.3.7.3. Germany: Market Size and Forecast, By Communication, 2023 – 2033 ($ Million)
11.3.7.4. Germany: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
11.3.8. FRANCE
11.3.8.1. France: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million)
11.3.8.2. France: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
11.3.8.3. France: Market Size and Forecast, By Communication, 2023 – 2033 ($ Million)
11.3.8.4. France: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
11.3.9. ITALY
11.3.9.1. Italy: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million)
11.3.9.2. Italy: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
11.3.9.3. Italy: Market Size and Forecast, By Communication, 2023 – 2033 ($ Million)
11.3.9.4. Italy: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
11.3.10. SPAIN
11.3.10.1. Spain: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million)
11.3.10.2. Spain: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
11.3.10.3. Spain: Market Size and Forecast, By Communication, 2023 – 2033 ($ Million)
11.3.10.4. Spain: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
11.3.11. BENELUX
11.3.11.1. BeNeLux: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million)
11.3.11.2. BeNeLux: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
11.3.11.3. BeNeLux: Market Size and Forecast, By Communication, 2023 – 2033 ($ Million)
11.3.11.4. BeNeLux: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
11.3.12. RUSSIA
11.3.12.1. Russia: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million)
11.3.12.2. Russia: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
11.3.12.3. Russia: Market Size and Forecast, By Communication, 2023 – 2033 ($ Million)
11.3.12.4. Russia: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
11.3.13. REST OF EUROPE
11.3.13.1. Rest of Europe: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million)
11.3.13.2. Rest of Europe: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
11.3.13.3. Rest of Europe: Market Size and Forecast, By Communication, 2023 – 2033 ($ Million)
11.3.13.4. Rest of Europe: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
11.4. Asia Pacific
11.4.1. Asia Pacific: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
11.4.2. Asia Pacific: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million)
11.4.3. Asia Pacific: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
11.4.4. Asia Pacific: Market Size and Forecast, By Communication, 2023 – 2033 ($ Million)
11.4.5. Asia Pacific: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
11.4.6. CHINA
11.4.6.1. China: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million)
11.4.6.2. China: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
11.4.6.3. China: Market Size and Forecast, By Communication, 2023 – 2033 ($ Million)
11.4.6.4. China: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
11.4.7. JAPAN
11.4.7.1. Japan: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million)
11.4.7.2. Japan: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
11.4.7.3. Japan: Market Size and Forecast, By Communication, 2023 – 2033 ($ Million)
11.4.7.4. Japan: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
11.4.8. INDIA
11.4.8.1. India: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million)
11.4.8.2. India: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
11.4.8.3. India: Market Size and Forecast, By Communication, 2023 – 2033 ($ Million)
11.4.8.4. India: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
11.4.9. SOUTH KOREA
11.4.9.1. South Korea: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million)
11.4.9.2. South Korea: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
11.4.9.3. South Korea: Market Size and Forecast, By Communication, 2023 – 2033 ($ Million)
11.4.9.4. South Korea: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
11.4.10. THAILAND
11.4.10.1. Thailand: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million)
11.4.10.2. Thailand: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
11.4.10.3. Thailand: Market Size and Forecast, By Communication, 2023 – 2033 ($ Million)
11.4.10.4. Thailand: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
11.4.11. INDONESIA
11.4.11.1. Indonesia: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million)
11.4.11.2. Indonesia: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
11.4.11.3. Indonesia: Market Size and Forecast, By Communication, 2023 – 2033 ($ Million)
11.4.11.4. Indonesia: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
11.4.12. MALAYSIA
11.4.12.1. Malaysia: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million)
11.4.12.2. Malaysia: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
11.4.12.3. Malaysia: Market Size and Forecast, By Communication, 2023 – 2033 ($ Million)
11.4.12.4. Malaysia: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
11.4.13. AUSTRALIA
11.4.13.1. Australia: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million)
11.4.13.2. Australia: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
11.4.13.3. Australia: Market Size and Forecast, By Communication, 2023 – 2033 ($ Million)
11.4.13.4. Australia: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
11.4.14. REST FO ASIA PACIFIC
11.4.14.1. Rest fo Asia Pacific: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million)
11.4.14.2. Rest fo Asia Pacific: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
11.4.14.3. Rest fo Asia Pacific: Market Size and Forecast, By Communication, 2023 – 2033 ($ Million)
11.4.14.4. Rest fo Asia Pacific: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
11.5. South America
11.5.1. South America: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
11.5.2. South America: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million)
11.5.3. South America: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
11.5.4. South America: Market Size and Forecast, By Communication, 2023 – 2033 ($ Million)
11.5.5. South America: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
11.5.6. BRAZIL
11.5.6.1. Brazil: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million)
11.5.6.2. Brazil: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
11.5.6.3. Brazil: Market Size and Forecast, By Communication, 2023 – 2033 ($ Million)
11.5.6.4. Brazil: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
11.5.7. ARGENTINA
11.5.7.1. Argentina: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million)
11.5.7.2. Argentina: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
11.5.7.3. Argentina: Market Size and Forecast, By Communication, 2023 – 2033 ($ Million)
11.5.7.4. Argentina: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
11.5.8. REST OF SOUTH AMERICA
11.5.8.1. Rest of South America: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million)
11.5.8.2. Rest of South America: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
11.5.8.3. Rest of South America: Market Size and Forecast, By Communication, 2023 – 2033 ($ Million)
11.5.8.4. Rest of South America: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
11.6. Middle East & Africa
11.6.1. Middle East & Africa: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
11.6.2. Middle East & Africa: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million)
11.6.3. Middle East & Africa: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
11.6.4. Middle East & Africa: Market Size and Forecast, By Communication, 2023 – 2033 ($ Million)
11.6.5. Middle East & Africa: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
11.6.6. SAUDI ARABIA
11.6.6.1. Saudi Arabia: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million)
11.6.6.2. Saudi Arabia: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
11.6.6.3. Saudi Arabia: Market Size and Forecast, By Communication, 2023 – 2033 ($ Million)
11.6.6.4. Saudi Arabia: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
11.6.7. UAE
11.6.7.1. UAE: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million)
11.6.7.2. UAE: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
11.6.7.3. UAE: Market Size and Forecast, By Communication, 2023 – 2033 ($ Million)
11.6.7.4. UAE: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
11.6.8. EGYPT
11.6.8.1. Egypt: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million)
11.6.8.2. Egypt: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
11.6.8.3. Egypt: Market Size and Forecast, By Communication, 2023 – 2033 ($ Million)
11.6.8.4. Egypt: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
11.6.9. SOUTH AFRICA
11.6.9.1. South Africa: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million)
11.6.9.2. South Africa: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
11.6.9.3. South Africa: Market Size and Forecast, By Communication, 2023 – 2033 ($ Million)
11.6.9.4. South Africa: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
11.6.10. REST OF MIDDLE EAST & AFRICA
11.6.10.1. Rest of Middle East & Africa: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million)
11.6.10.2. Rest of Middle East & Africa: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
11.6.10.3. Rest of Middle East & Africa: Market Size and Forecast, By Communication, 2023 – 2033 ($ Million)
11.6.10.4. Rest of Middle East & Africa: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
CHAPTER 12. Competitive Landscape
12.1. Competitior Benchmarking 2023
12.2. Market Share Analysis
12.3. Key Developments Analysis By Top 5 Companies
12.4. Market Share Acquisition Strategies: Analysis of Key Approaches Employed by Top Players
CHAPTER 13. Company Profiles
13.1. Altran
13.1.1. Business Overview
13.1.2. Financial Analysis
13.1.2.1. Business Segment Revenue, 2018, 2019, 2020, $ Million
13.1.2.2. Geographic Revenue Mix, 2020 (% Share)
13.1.3. Product Portfolio
13.1.4. Recent Development and Strategies Adopted
13.1.5. SWOT Analysis
13.2. Autotalks Ltd.
13.3. Continental
13.4. HARMAN International
13.5. Infineon Technologies
13.6. NXP Semiconductors
13.7. Qualcomm Technologies Inc.
13.8. Robert Bosch
13.9. Savari Inc.
13.10. STMicroelectronics

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