Vehicle-to-Everything (V2X) Communication System Market by Vehicle Type and Geography - Global Forecast and Analysis 2019-2023

Vehicle-to-Everything (V2X) Communication System Market by Vehicle Type and Geography - Global Forecast and Analysis 2019-2023

Global Vehicle-to-Everything (V2X) Communication System Market: About this market

V2X communication system is a combination of hardware and software, which enables vehicles to communicate with other entities for real-time information exchange through the Internet. Technavio’s vehicle-to-everything communication system market analysis considers the revenues generated based on types that include passenger vehicle and commercial vehicle. Our analysis also considers the sales of vehicle-to-everything communication system in North America, Europe, APAC, South America, and MEA. In 2018, the passenger vehicle segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the strong demand from emerging countries will play a significant role in the passenger vehicles segment to maintain their market position. Also, our global V2X communication system market report looks at factors such as the smart road infrastructure, increasing popularity of autonomous vehicles, and the increasing adoption of technologically advanced mobile devices. However, the need to maintain strict standards, system reliability and uncertainty in user acceptance, and data privacy and security concerns may hamper the growth of the vehicle-to-everything communication system industry over the forecast period.

Global vehicle-to-everything communication system market: Overview

Increasing popularity of autonomous vehicles

Autonomous vehicles are gaining immense popularity in the global automotive market with companies constantly bringing new technologies to improve their performance. V2X communication systems are expected to become a common feature in autonomous vehicles as they can establish a communication medium between vehicles, networks, homes, and grids. Thus, the growing popularity of autonomous cars will fuel the growth of the V2X communication system market at a CAGR of more than 16% during the forecast period.

Increasing emergence of autonomous cab and parcel delivery fleets

The automotive industry has recently witnessed the emergence of autonomous cabs and parcel delivery fleets, which is gaining immense popularity across the world. These vehicles generate massive data on routes, areas with the highest requirement for services, and others. V2X communication devices along with Big data analytics are integrated into these vehicles to analyze the data. Thus, the emergence of autonomous cabs and parcel delivery fleets will fuel the growth of the market during the forecast period.

For the detailed list of factors that will drive the global vehicle-to-everything communication system market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of several major players, the global vehicle-to-everything communication system market is moderately fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading vehicle-to-everything communication system manufacturers, that include Cisco Systems Inc., Continental AG, Delphi Technologies Plc, Qualcomm Inc., and Robert Bosch GmbH.



Also, the vehicle-to-everything communication system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global information technology (IT) spending market
      • Table Segments of global information technology (IT) spending market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by vehicle type
    • Table Vehicle type - Market share 2018-2023 (%)
    • Comparison by vehicle type
      • Table Comparison by vehicle type
    • Passenger vehicle - Market size and forecast 2018-2023
      • Table Passenger vehicle - Market size and forecast 2018-2023 ($ millions)
      • Table Passenger vehicle - Year-over-year growth 2019-2023 (%)
    • Commercial vehicle - Market size and forecast 2018-2023
      • Table Commercial vehicle - Market size and forecast 2018-2023 ($ millions)
      • Table Commercial vehicle - Year-over-year growth 2019-2023 (%)
    • Market opportunity by vehicle type
      • Table Market opportunity by vehicle type
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Advent of smart cities
    • Increasing emergence of autonomous cab and parcel delivery fleets
    • IoT integration powered by AI technology in automotive
    • Emerging use of satellite imagery
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Cisco Systems Inc.
      • Table Cisco Systems Inc. - Vendor overview
      • Table Cisco Systems Inc. - Business segments
      • Table Cisco Systems Inc. - Organizational developments
      • Table Cisco Systems Inc. - Geographic focus
      • Table Cisco Systems Inc. - Segment focus
      • Table Cisco Systems Inc. - Key offerings
    • Continental AG
      • Table Continental AG - Vendor overview
      • Table Continental AG - Business segments
      • Table Continental AG - Organizational developments
      • Table Continental AG - Geographic focus
      • Table Continental AG - Segment focus
      • Table Continental AG - Key offerings
    • Delphi Technologies Plc
      • Table Delphi Technologies Plc - Vendor overview
      • Table Delphi Technologies Plc - Business segments
      • Table Delphi Technologies Plc - Organizational developments
      • Table Delphi Technologies Plc - Geographic focus
      • Table Delphi Technologies Plc - Segment focus
      • Table Delphi Technologies Plc - Key offerings
    • Qualcomm Inc.
      • Table Qualcomm Inc. - Vendor overview
      • Table Qualcomm Inc. - Business segments
      • Table Qualcomm Inc. - Organizational developments
      • Table Qualcomm Inc. - Geographic focus
      • Table Qualcomm Inc. - Segment focus
      • Table Qualcomm Inc. - Key offerings
    • Robert Bosch GmbH
      • Table Robert Bosch GmbH - Vendor overview
      • Table Robert Bosch GmbH - Business segments
      • Table Robert Bosch GmbH - Organizational developments
      • Table Robert Bosch GmbH - Geographic focus
      • Table Robert Bosch GmbH - Segment focus
      • Table Robert Bosch GmbH - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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