Vehicle-to-Everything Market Size, Business Trends, Demand, Innovations, Regional Outlook, and Future Forecast 2023 to 2031

Astute Analytica’s Vehicle-to-Everything Market research study offers a thorough industry analysis, including important factors like industry size, market share, and main players.

The Global Vehicle-to-Everything Market is projected to experience a significant surge in revenue, growing from US$ 4.18 billion in 2022 to US$ 55.6 billion by 2031, with a compound annual growth rate of 36.1% during the forecast period 2023-2031.

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The Vehicle-to-Everything Market study thoroughly analyzes significant competitors in the industry. This analysis takes into account a wide range of variables, such as the rivals’ strategies, the target market, the sales unit, the cost of production, the distribution routes, and numerous growth drivers.

Additionally included are the company’s position in the industry, financial situation, size, market share, and product line.

List of Key Players

  • Google
  • IBM
  • Oracle
  • Microsoft
  • Robert Bosch
  • Denso Corporation
  • Delphi Technologies
  • TE Connectivity
  • Nokia
  • AT&T
  • Ericsson
  • Comcast
  • Volkswagen
  • Toyota Motor
  • Other Prominent Players

The analysis contains estimates, benchmarking, business shares, and current market trends. A competitive analysis and a thorough assessment of sustainability initiatives and their effects on market growth and competitiveness are also included in the report. Data triangulation was employed to assess the market from several perspectives. In order to make sure that our market estimates are as precise and trustworthy as possible, we employ a thorough, iterative research methodology.

The research presents how COVID-19 has affected various regional areas and provides information on market segmentation by Component, Communication, Connectivity, Application, Vehicle Type, Vehicle Application, and Region. This study is an excellent tool for learning more about the Market. This research offers insightful information about the market’s current state and prospects until 2033.

Segmentation Outline

By Component Segment of the Global V2X Market is further sub-segmented into:

  • Hardware
    • Onboard Unit (Connectivity control unit)
    • Road-side Unit
  • Software Platform
  • Services

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By Communication Segment of the Global V2X Market is further sub-segmented into:

  • 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 Connectivity Segment of the Global V2X Market is further sub-segmented into:

  • Dedicated short-range communications (DSRC)
  • Cellular
  • Hybrid

By Application Segment of the Global V2X Market is further sub-segmented into:

  • Autonomous Driving (includes Platooning)
  • Automated driver assistance (ADAS)
  • Intelligent traffic systems
  • Emergency vehicle notification
  • Passenger information system
  • Fleet & asset management
  • Parking management system
  • Line and non-line of sight
  • Backing
  • Others

By Vehicle Type Segment of the Global V2X Market is further sub-segmented into:

  • ICE Vehicle
  • Electric Vehicles

By Vehicle Application Segment of the Global V2X Market is further sub-segmented into:

  • Passenger
  • Commercial
  • Off-highway

By Region Segment of the Global V2X Market is further sub-segmented into:

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Western Europe
    • The UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Western Europe
  • Eastern Europe
    • Poland
    • Russia
    • Rest of Eastern Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia & New Zealand
    • ASEAN
    • Rest of Asia Pacific
  • Middle East & Africa (MEA)
    • UAE
    • Saudi Arabia
    • South Africa
    • Rest of MEA
  • South America
    • Brazil
    • Argentina
    • Rest of South America

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About Astute Analytica:
Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.

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