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Cellular Vehicle-to-Everything (C-V2X) Market Share

Report ID: GMI3383
Published Date: Jan 2024
Report Format: PDF

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Cellular Vehicle-to-Everything Market Share

Major players operating in the Cellular Vehicle-to-Everything industry are:

Continental AG
Huawei Technologies Co., Ltd.
Infineon Technologies AG
Intel Corporation
Keysight Technologies
Nokia Corporation
NTT DOCOMO, Inc.
Qualcomm Technologies, Inc.
Quectel Wireless Solutions Co., Ltd.
Robert Bosch GmbH
Rohde & Schwarz GmbH & Co. KG
Savari, Inc.
Shenzhen Genvict Technologies Co., Ltd.
ZTE Corporation

Qualcomm Technologies, Inc. and Continental AG hold a significant market share of over 15% in the C-V2X industry. Qualcomm is at the forefront of developing cutting-edge technologies for communication and connectivity, including C-V2X. Their emphasis on innovation and technological leadership helps them stay competitive in the rapidly evolving automotive and communication sectors.

Continental offers end-to-end solutions for C-V2X, encompassing both hardware and software components. By providing a comprehensive suite of products, Continental aims to position itself as a one-stop solution provider for connected vehicle technologies.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of cellular vehicle-to-everything was worth USD 936.8 million in 2023 and is estimated to register over 30% CAGR between 2024 and 2032, owing to the increasing frequency of road accidents on highways.

The passenger vehicle segment accounted for a market share of around 65% in 2023 and is projected to grow by 2032, attributed to the integration of C-V2X with Advanced Driver Assistance Systems (ADAS) in these vehicles, enhancing the capabilities of both technologies.

Europe region dominated 40% share of the cellular vehicle-to-everything market in 2023 and will grow significantly through 2032, due to smart city initiatives across the region.

Continental AG, Huawei Technologies Co., Ltd., Infineon Technologies AG, Intel Corporation, Keysight Technologies, Nokia Corporation, NTT DOCOMO, Inc., Qualcomm Technologies, Inc., Quectel Wireless Solutions Co., Ltd., Robert Bosch GmbH, Rohde & Schwarz GmbH & Co. KG, Savari, Inc., Shenzhen Genvict Technologies Co., Ltd., and ZTE Corporation.