PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1807104
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1807104
Automotive Vehicle-to-Everything Market Introduction and Overview
According to SPER Market Research, 'Global Automotive Vehicle-to-Everything Market Size- By Device, By Communication, By Connectivity, By Vehicle - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Automotive Vehicle-to-Everything Market is predicted to reach 692.23 billion by 2034 with a CAGR of 42.45%.
The communication technology known as Automotive Vehicle-to-Everything (V2X) allows automobiles to communicate with their environment, including networks (V2N), pedestrians (V2P), infrastructure (V2I), and other vehicles (V2V). Because it enables real-time data sharing regarding road conditions, traffic signals, possible hazards, and more, it improves driving safety, traffic management, and autonomous vehicle performance.
Restraints: Given its bright potential, the V2X business is subject to a number of important limitations. High upfront deployment costs are a significant deterrent to broad adoption, particularly for emerging infrastructure. Implementation is made more difficult by problems with interoperability between various communication protocols and vehicle models. Consumers and government agencies are also gravely concerned about cybersecurity dangers, such as data breaches and possible car hacking. The absence of uniformity in international marketplaces also makes integration more difficult.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Device, By Communication, By Connectivity, By Vehicle
Regions covered North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered
Aptiv, Continental AG, DENSO CORPORATION, HARMAN International, Infineon Technologies AG, Mobileye, NXP Semiconductors, Qualcomm Technologies, Inc, Robert Bosch GmbH, TomTom International BV.
Global Automotive Vehicle-to-Everything Market Segmentation:
By Device: Based on the Device, Global Automotive Vehicle-to-Everything Market is segmented as; Roadside Unit, Onboard Unit.
By Communication: Based on the Communication, Global Automotive Vehicle-to-Everything Market is segmented as; Vehicle-to-Vehicle (V2V), Vehicle-to-Infrastructure (V2I), Vehicle-to-Pedestrian (V2P), Vehicle-to-Home (V2H), Vehicle-to-Grid (V2G), Vehicle-to-Network (V2N).
By Connectivity: Based on the Connectivity, Global Automotive Vehicle-to-Everything Market is segmented as; DSRC, Cellular.
By Vehicle: Based on the Vehicle, Global Automotive Vehicle-to-Everything Market is segmented as; Passenger Cars, Commercial Vehicles.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.