Cellular Vehicle-to-Everything Market Report 2026

The cellular vehicle-to-everything market size has grown exponentially in recent years. It will grow from $1.25 billion in 2025 to $1.61 billion in 2026 at a compound annual growth rate (CAGR) of 28.7%. The growth in the historic period can be attributed to growing demand for road safety solutions, early adoption of connected vehicle technologies, increasing traffic congestion in urban areas, development of advanced sensor and communication modules, rising investment in smart mobility infrastructure.

The cellular vehicle-to-everything market size is expected to see exponential growth in the next few years. It will grow to $4.31 billion in 2030 at a compound annual growth rate (CAGR) of 28%. The growth in the forecast period can be attributed to expansion of autonomous vehicle deployment, integration with smart city initiatives, adoption of 5g and c-v2x networks, rising demand for fleet management solutions, growth in commercial vehicle connectivity applications. Major trends in the forecast period include real-time traffic data sharing, vehicle-to-everything security enhancements, fleet connectivity optimization, predictive collision avoidance, smart parking management integration.

The increasing number of road accidents worldwide is expected to drive the growth of the cellular vehicle-to-everything market in the coming years. A road accident occurs when a vehicle collides with another vehicle, pedestrian, animal, or stationary object on public or privately accessible roads. Several factors, including human error, poor road conditions, and vehicle malfunctions, contribute to the rising incidence of road accidents. Cellular vehicle-to-everything (C-V2X) technology helps reduce accidents by enabling real-time communication between vehicles and surrounding infrastructure, allowing for rapid responses to potential hazards. With its seamless connectivity, C-V2X is designed to improve road safety by proactively addressing collision risks and enhancing traffic management. For instance, in April 2025, the National Highway Traffic Safety Administration, a U.S.-based government agency, reported that U.S. motor vehicle traffic deaths in 2023 fell by 1,820, a 4.3% decrease from 42,721 in 2022 to 40,901. This highlights how the global rise in road accidents is fueling the demand for cellular vehicle-to-everything solutions.

Key players in the cellular vehicle-to-everything (C-V2X) market are concentrating on developing advanced technologies, such as next-generation C-V2X modules, to improve road safety and optimize traffic flow. These modules enable vehicles to communicate efficiently with other vehicles, infrastructure, and pedestrians, creating safer and more efficient traffic systems. For example, in February 2023, Quectel Wireless Solutions, a China-based software company, introduced the AG59x series, a 5G New Radio (NR) module supporting PC5 direct communications for V2V, V2I, and V2P connectivity. The AG59x modules provide multi-gigabit cellular connectivity, high-performance multicore processors, enhanced location services, and improved security, offering reliable performance for demanding automotive applications.

In January 2024, Danlaw, Inc., a US-based company known for its connected vehicle solutions and automotive electronics, acquired Cohda Wireless for an undisclosed sum. This acquisition is part of Danlaw’s strategy to accelerate its global growth, with a focus on improving connected vehicle safety and smart city solutions. Cohda Wireless, an Australian technology firm, specializes in advanced Vehicle-to-Everything (V2X) technologies that facilitate communication between vehicles, infrastructure, and pedestrians.

Major companies operating in the cellular vehicle-to-everything market are AT&T Inc.; Robert Bosch GmbH; Huawei Technologies Co. Ltd.; Audi AG; Intel Corporation; Daimler Truck AG; Qualcomm Technologies Inc.; NTT DOCOMO Inc.; Continental AG; Nvidia Corporation; Nokia Corporation; ZTE Corporation; Aptiv PLC; Infineon Technologies AG; NXP Semiconductors; Keysight Technologies; Harman International Industries Inc.; Rohde & Schwarz GmbH & Co. KG; Quectel Wireless Solutions Co. Ltd.; TomTom International BV; Autotalks Ltd.; Commsignia Ltd.; Savari Inc.; Ficosa International SA; Cohda Wireless Pty Ltd.; Shenzhen Genvict Technologies Co. Ltd.; Unex Technology Corp.; MediaTek Inc.; Reliance Jio Infocomm Ltd.

North America was the largest region in the cellular vehicle-to-everything market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cellular vehicle-to-everything market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the cellular vehicle-to-everything market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Tariffs have impacted the cellular vehicle-to-everything market by increasing the cost of importing critical hardware components, such as sensors, antennas, transceivers, and communication modules, as well as software solutions for V2X communications. Segments like passenger vehicles and commercial vehicles are most affected, particularly in regions like North America and Asia-Pacific where manufacturing heavily relies on imported components. While tariffs raise costs and may slow adoption in the short term, they also encourage local production, stimulate domestic innovation in V2X hardware and software, and can lead to more resilient supply chains over time.

The cellular vehicle-to-everything market research report is one of a series of new reports that provides cellular vehicle-to-everything market statistics, including cellular vehicle-to-everything industry global market size, regional shares, competitors with a cellular vehicle-to-everything market share, detailed cellular vehicle-to-everything market segments, market trends and opportunities, and any further data you may need to thrive in the cellular vehicle-to-everything industry. This cellular vehicle-to-everything market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Cellular vehicle-to-everything (C-V2X) denotes a communication technology facilitating vehicles to establish connections with pedestrians, infrastructure, other vehicles, and networks. This system enables real-time exchange of information regarding surrounding conditions, including traffic status, road hazards, and pedestrian movements, thereby enhancing road safety, traffic efficiency, and the overall driving experience.

The primary components of cellular vehicle-to-everything comprise hardware and software. Hardware encompasses the physical components of a computer system responsible for storing and executing instructions provided by software. These components find application across various vehicle types, encompassing passenger and commercial vehicles. The communication types include vehicle-to-person (V2P), vehicle-to-infrastructure (V2I), vehicle-to-network (V2N), and vehicle-to-vehicle (V2V), employed in diverse applications such as fleet management, autonomous driving, collision avoidance, intelligent traffic systems, and parking management systems.

The cellular vehicle-to-everything market consists of revenues earned by entities by providing services, such as vehicle-to-grid (V2G) communication, emergency vehicle warning, blind spot warning (BSW), and traffic signal priority (TSP). The market value includes the value of related goods sold by the service provider or included within the service offering. The cellular vehicle-to-everything market also includes sales of sensors, cameras, smartphones, global navigation satellite system (GNSS) receivers, cellular modems, and others. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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