Global Automotive V2X Communication Market 2018-2022
About automotive v2x communication
The V2X communication technology allows vehicles to communicate among themselves and with the moving parts of the traffic system around them.
Technavio’s analysts forecast the global automotive v2x communication market to grow at a CAGR of 29% during the period 2017-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive v2x communication market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of V2X communication technology consisting of antennas, a V2X processor, and a software stack as an important enabler of the complete system.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Automotive V2X Communication Market 2018-2022
Technavio recognizes the following companies as the key players in the global automotive v2x communication: Autotalks, Continental, Delphi*, NXP Semiconductors, Savari, Qualcomm Technologies
Commenting on the report, an analyst from Technavio’s team said: “One trend that is affecting the market is development in the form of V2X device certifications”
According to the report, one driver that is affecting the market is regulations pertaining to V2X communication”
Further, the report states that one challenge that is affecting the market is no defined safety parameters”
Autotalks, Continental, Delphi*, NXP Semiconductors, Savari, Qualcomm Technologies
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