IMARC Group's report titled "Automotive V2X Market Report 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)), Connectivity (Dedicated Short-Range Communication (DSRC), Cellular-V2X (C-V2X) Communication), Vehicle Type (Passenger Cars, Commercial Vehicles), and Region 2025-2033", offers a comprehensive analysis of the industry, which comprises insights on the global automotive V2X market share. The global market size reached USD 6.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 96.8 Billion by 2033, exhibiting a growth rate (CAGR) of 33.92% during 2025-2033.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/automotive-v2x-market/requestsample

Factors Affecting the Growth of the Automotive V2X Industry:

• Rising Demand for Connected Vehicles:

One of the most significant enabling technologies to come up with advanced safety features is that of connected vehicles combined with V2X technology. These safety features enhance the safety of drivers and occupants by offering systems such as collision avoidance, blind-spot detection, intersection safety alerts, and notifications of emergency vehicles. Such safety features are mainly what car now pays for, meaning that the consumer's priority of buying a car is high in the consumption of connected vehicles with V2X capabilities. These cars are not limited in connectivity services they offer including remote diagnostics, over-the-air software updates, and vehicle-to-cloud communication. V2X-enabled vehicles also can link up through cloud platforms and services, exchanging data about diagnostics, maintenance alerts, and personalized services to the vehicle.

• Technological Advancements:

Communication technologies are endlessly innovating, for example, cellular networks and dedicated short-range communications (DSRC), becoming larger than before in terms of what V2X systems can do. These allow vehicles to transmit and receive safety and traffic information in real-time among one another and vital infrastructure faster, more reliably, and securely. New sensor technologies like radar, lidar, and cameras will further augment comprehension skills of V2X-mounted objects. Such sensors allow these vehicles to better detect and track objects, pedestrians, and other vehicles.

• Increasing Safety and Efficiency Concerns:

With increasing apprehensions about safety and efficiency, demand for automotive V2X technology, which permits communication among vehicles and infrastructure elements (for instance, traffic lights or road signs), is on the rise. Such communication facilitates a real-time exchange of information on road conditions, hazards, or the location of nearby vehicles. By providing early warnings and alerts, V2X systems enable drivers to anticipate and evade avoidable accidents, therefore reducing collision risk and enhancing road safety. Furthermore, V2X technology also allows vehicles to recognize and react to potential collision scenarios before the driver is even aware of them.

Leading Companies Operating in the Global Automotive V2X Industry:

• Autotalks Ltd
• Capgemini SE
• Continental AG
• HARMAN International (Samsung Electronics Co. Ltd.)
• Infineon Technologies AG
• NXP Semiconductors
• Qualcomm Technologies Inc
• Robert Bosch GmbH
• STMicroelectronics.

Automotive V2X Market Report Segmentation:

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)

Vehicle-to-vehicle (V2V) represents the largest segment due to its pivotal role in enhancing road safety and efficiency.

By Connectivity:

• Dedicated Short-Range Communication (DSRC)
• Cellular-V2X (C-V2X) Communication

Cellular-V2X (C-V2X) communication accounts for the majority of the market share owing to its scalability and flexibility, enabling support for diverse use cases beyond safety applications, such as traffic efficiency, navigation, and infotainment services.

By Vehicle Type:

• Passenger Cars
• Commercial Vehicles

Passenger cars hold the biggest market share as they are the most used type of vehicle on the roads.

Regional Insights:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Asia Pacific enjoys the leading position in the automotive V2X market on account of the rapid

Global Automotive V2X Market Trends:

The automotive V2X market is witnessing the emergence of comprehensive V2X ecosystems that encompass vehicle original equipment manufacturers (OMEs), telecommunications providers, infrastructure operators, and software developers. These ecosystems enable seamless integration and interoperability of V2X solutions across different vehicles and infrastructure elements, thereby supporting the growth of the market.

Additionally, the rollout of 5G networks is enhancing the capabilities of V2X systems by providing higher bandwidth, lower latency, and improved reliability. This enables faster and more reliable communication between vehicles and their surroundings.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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