Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Cellular Vehicle-To-Everything (C-V2X) Market to hit $6 bn by 2030, Says Global Market Insights Inc.


News provided by

Global Market Insights Inc.

07 Sep, 2022, 11:22 GMT

Share this article

Share toX

Share this article

Share toX

Major cellular vehicle-to-everything market participants include AT&T Inc., Commsignia Ltd., Autotalks Ltd., Ficosa Internacional SA, Continental AG, Huawei Technologies Co., Ltd., GENVICT, Intel Corporation, Infineon Technologies AG, Keysight Technologies, NTT Docomo, Inc., Nokia Corporation, Qualcomm Technologies Inc., Robert Bosch GmbH, Quectel Wireless Solutions Co., Ltd., Savari, Inc., and Rohde & Schwarz.

SELBYVILLE, Del., Sept. 7, 2022 /PRNewswire/ -- The cellular vehicle-to-everything (C-V2X) market is estimated to cross valuation of USD 6 billion by 2030, as reported in a research study by Global Market Insights Inc. Strong involvement of governments in the improvement of transportation systems will enhance the cellular vehicle-to-everything (C-V2X) industry trends. Furthermore, advancements in cellular technologies, along with rising cases of road accidents will increase the demand for C-V2X.

Continue Reading
This image opens in the lightbox
Cellular Vehicle-to-Everything (C-V2X) Market
This image opens in the lightbox
GMI

As per the Global Status Report on Road Safety by the World Health Organization, approximately 1.3 million people die each year as a result of road traffic crashes. In 2021, these accidents cost most nations 3% of their gross domestic product. Operative error in autonomous driving systems may emerge as a vital restraining factor for cellular vehicle-to-everything market growth. Nevertheless, the commercialization of 5G networks across the world may aid players in eventually fixing the glitches in autonomous systems in vehicles.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/3383

Increasing demand for C-V2X platforms to push the software segment growth

The software segment is set to witness appreciable growth through 2030 driven by the proliferating trend of connected vehicles. Cellular V2X is designed to directly connect vehicles with each other in addition to the infrastructure. C-V2X communication enables the exchange of critical, time-sensitive information pertaining to safety even in regions with inadequate mobile network coverage.

Vehicle-to-network segment to depict an appreciable growth

The vehicle-to-network (V2N) segment held over 16% of the cellular vehicle-to-everything market share in 2021 and is poised to observe significant growth in the coming years. The segment growth is credited to efficient potential pertaining to long-range communications in self-driving cars for warning indications for obstacles or traffic congestion far ahead, a centralized positioning system, remote controlling of vehicles, sending & downloading detailed sensor data (dynamic maps), and vehicle health reports, among other applications. The requirement for cellular networks to resolve these issues will boost the use of C-V2X for V2N communication.

Smart infrastructure for effective transportation system to propel intelligent traffic systems application segment growth

The intelligent traffic systems application segment captured approximately 16% of cellular vehicle-to-everything market revenue share by 2030. Strong government efforts to integrate smart infrastructure across cities with the aim to improve the overall transportation system will fuel industry progress. The C-V2X technology connects with roadside infrastructures, including traffic signals and security cameras, and provides information regarding road and traffic conditions, which helps drivers oversee road situations.

Increasing demand for safety in passenger vehicles to augment the industry growth

The passenger vehicle segment to register appreciable growth until 2030. This can be attributed to the fact that the increasing number of passenger vehicle sales has been causing major disruption in road transportation, given the high record of accidents. The 'Global status report on road safety 2018' by WHO in 2018 states that the number of road traffic deaths annually reached 1.35 million. With road traffic injuries emerging as a leading killer of people, adoption of C-V2X communication technology in PVs has become more significant than ever.

Latin America to emerge as a prominent regional ground

The Latin America cellular vehicle-to-everything (C-V2X) market to reach USD 585 million in by 2030. Government agencies are actively working to revive the automotive sector after a significant slowdown in vehicle sales in the region. Moreover, the overall market growth is supported by the key global automakers who are making inroads in the region, especially in Mexico, which will foster the LATAM C-V2X industry outlook.

Government institutions are closely working with automotive industry leaders & researchers to develop effective frameworks for rapid adoption of C-V2X technology in North America, which will favor the regional industry scenario. As per the report, the North America cellular vehicle-to-everything industry size is likely to cross a valuation of USD 150 million by 2030.

Request for customization of this research report at https://www.gminsights.com/roc/3383

Product development to remain a pivotal growth strategy

The competitive landscape of the cellular vehicle-to-everything market is inclusive of AT&T Inc., Commsignia Ltd., Autotalks Ltd., Ficosa Internacional SA, Continental AG, Huawei Technologies Co., Ltd., GENVICT, Intel Corporation, Infineon Technologies AG, Keysight Technologies, NTT Docomo, Inc., Nokia Corporation, Qualcomm Technologies Inc., Robert Bosch GmbH, Quectel Wireless Solutions Co., Ltd., Savari, Inc., and Rohde & Schwarz. These companies engage mainly in product innovation, collaborations with public firms, and improving product efficiency to maintain their market position in the long run.

For instance, in February 2022, Qualcomm Technologies, a semiconductor manufacturing company, improved its connected vehicle platforms under the Snapdragon Digital Chassis, by launching a feature for Snapdragon Car-to-Cloud Services i.e., Connectivity-as-a-Service, which enables new technology collaborations to safeguard integrated analytics, out-of-the-box connectivity, and a cloud & device developer environment focused on introducing modern content, technology features, and services globally.

Partial chapters of report table of contents (TOC):

Chapter 2 Executive Summary

2.1  C-V2X industry 360º synopsis, 2018 - 2030

2.2  Business trends

2.2.1  Total Adressable Market (TAM), 2022-2030

2.3  Regional trends

2.4  Communication type trends

2.5  Component trends

2.6  Application trends

2.7  Vehicle type trends

Chapter 3 C-V2X Industry Insights

3.1  Introduction

3.2  Impact of COVID-19 outbreak

3.3  Russia Ukraine war impact

3.4  C-V2X ecosystem analysis

3.5  C-V2X architecture

3.6  C-V2X technology evolution

3.7  Technology & innovation landscape

3.8  Use cases

3.9  Investment portfolio

3.10  Patent landscape

3.11  Regulatory landscape

3.12  Industry impact forces

3.12.1  Growth drivers

3.12.2  Industry pitfalls & challenges

3.13  Growth potential analysis

3.14  Porter's analysis

3.15  PESTEL analysis

About Global Market Insights

Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Aashit Tiwari
Corporate Sales, USA
Global Market Insights Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

Photo: https://mma.prnewswire.com/media/1893292/Cellular_Vehicle_to_Everything.jpg
Logo: https://mma.prnewswire.com/media/661916/GMI.jpg

Modal title

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.