Astute Analytica’s recently published report on the Global Vehicle-to-Everything Market offers the latest data and determines growth prospects and challenges. A tool for evaluating the potential for new goods and services is the constraints and opportunity analysis. This aids businesses in locating and forecasting market opportunities.
The study also contains a compilation of qualitative and quantitative evaluations made by subject-matter experts in their fields as well as representatives from various industries found all along the supply chain.
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The Global Vehicle-to-everything (V2X) 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. The paper discusses further findings that researchers made based on the comprehensive data and also offered information on the state of the market.
The article discusses kinds and applications based on various nations and essential locations. The market’s most active companies are described in detail with attributes like corporate portfolio, business strategy, financial overview, recent developments, and industry share.
Leading Companies
- IBM
- Oracle
- Microsoft
- Robert Bosch
- Denso Corporation
- Delphi Technologies
- TE Connectivity
- Nokia
- AT&T
- Ericsson
- Comcast
- Volkswagen
- Toyota Motor
- Daimler
- Ford Motor
- Cisco
- Adode
- BMW Group
- Vmware
- SAP
- Continental AG
- Qualcomm Technologies, Inc.
- Hyundai Motor
- Other Prominent Players
We continuously monitor the direct impact COVID-19 (Update Omicron mutations study) has on the market, in addition to the indirect influence of related industries. The report will contain the observations.
This analysis divides geographical regions into several major categories for production, consumption, revenue (in US dollars), and market share. We’ll discuss the predicted growth of the market in this region between 2021 and 2031.
Segmentation Overview
Following are the different segments of the Global V2X Market:
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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