Vehicle-to-Everything (V2X) Communication System Market Outlook - Forecast Trends, Market Size, Share and Growth Analysis Report (2025-2034)

The global vehicle-to-everything (V2X) communication system market is estimated to grow at a CAGR of almost 15.60% in the forecast period of 2025-2034.

The global vehicle-to-everything (V2X) communication system industry is being driven by the growing demand for autonomous cab and parcel delivery fleets, coupled with the growing market for autonomous vehicles.

Market Segmentation

The global vehicle-to-everything (V2X) communication system market can be divided based on segments like vehicle types and regions.

Breakup by Vehicle Type

• Passenger Vehicle
• Commercial Vehicle

Breakup by Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

Market Analysis

With the growing popularity of self-driven cars, the vehicle-to-everything (V2X) communication system is emerging as a common feature in such vehicles. In autonomous vehicles, the V2X communication system is used as it can form a communication medium between vehicles and other vehicles, homes, networks, and grids, further enhancing the safety and driving experience for the consumer. With the advancement in technology and development in the field of vehicle-to-everything (V2X) communication system, the industry is witnessing an increased growth. Further, autonomous vehicles, being used as cabs and parcel delivery services, gathers massive data while on its route, which is analysed using V2X communication devices incorporated into these vehicles. Thus, the use of the V2X communication system is expected to increase in such devices over the forecast period to improve business efficiency and reduce labour cost.

The passenger vehicle segment, among other vehicle types, dominated the global vehicle-to-everything (V2X) communication system industry in 2020. Region-wise, North America accounted for the largest share in the industry in 2020 owing to the growing production of autonomous vehicles in the region.

Competitive Landscape

The report presents a detailed analysis of the following key players in the global vehicle-to-everything (V2X) communication system market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• NXP Semiconductors N.V.
• Continental AG
• Autotalks Ltd.
• Qualcomm Inc.
• Robert Bosch GmbH
• Others

The report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.