North America Automotive Vehicle-to-Everything Market Size, Share & Trends Analysis Report By Device (Onboard Unit and Roadside Unit), By Connectivity (Cellular and DSRC), By Vehicle, By Communication, By Country and Growth Forecast, 2024 - 2031

The North America Automotive Vehicle-to-Everything Market is expected to witness market growth of 42.3% CAGR during the forecast period (2024-2031).

The US market dominated the North America Automotive Vehicle-to-Everything Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $5.56 billion by 2031. The Canada market is experiencing a CAGR of 45.2% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 44.2% during 2024-2031.



Automotive Vehicle-to-Everything (V2X) is an advanced communication technology that enables vehicles to interact with their surroundings, including other vehicles, infrastructure, pedestrians, and cloud-based networks. This technology enhances road safety, traffic efficiency, and autonomous vehicle performance by facilitating real-time data exchange. By integrating wireless communication systems, such as 5G, Cellular V2X (C-V2X), and Dedicated Short-Range Communication (DSRC), V2X allows vehicles to communicate seamlessly in a connected transportation ecosystem. The automotive vehicle-to-everything market is at the forefront of revolutionizing the transportation industry by enabling seamless communication between vehicles, infrastructure, pedestrians, and networks.

The foundation of V2X lies in its ability to establish a low-latency, high-speed communication network that connects vehicles with various elements of the traffic ecosystem. This includes vehicle-to-vehicle (V2V), vehicle-to-infrastructure (V2I), vehicle-to-pedestrian (V2P), and vehicle-to-network (V2N) communication, each of which plays a unique role in ensuring smoother and safer mobility. V2V enables vehicles to share real-time information about speed, position, and movement, reducing the likelihood of collisions and improving cooperative driving. V2I communication facilitates the interaction between vehicles and traffic signals, road signage, and intelligent transportation systems, thereby promoting effective traffic management and alleviating congestion.

In Mexico, the rapid expansion of V2X adoption drives the demand for robust vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communication solutions. Mexico's automotive industry, a key contributor to the national economy, is adapting to the growing demand for V2X-enabled vehicles while addressing security concerns. According to the International Trade Administration (ITA), Mexico is the world’s seventh-largest passenger vehicle manufacturer, producing 3.5 million vehicles annually. Hence, as V2X technology becomes a crucial component of next-generation transportation, North America is set to witness continued investment, infrastructure development, and regulatory advancements to ensure the safety, efficiency, and reliability of V2X communication across the region.

List of Key Companies Profiled

• Infineon Technologies AG
• Qualcomm Incorporated (Qualcomm Technologies, Inc.)
• NXP Semiconductors N.V.
• Continental AG
• DENSO CORPORATION
• Harman International Industries, Inc. (Samsung Electronics Co., Ltd.)
• Lear Corporation
• Aptiv PLC
• Robert Bosch GmbH
• TomTom N.V.

Market Report Segmentation

By Device

• Onboard Unit
• Roadside Unit

By Connectivity

• Cellular
• DSRC

By Vehicle

• Passenger Cars
• Commercial Vehicles

By Communication

• Vehicle-to-Vehicle (V2V)
• Vehicle-to-Infrastructure (V2I)
• Vehicle-to-Pedestrian (V2P)
• Vehicle-to-Network (V2N)
• Vehicle-to-Home (V2H)
• Vehicle-to-Grid (V2G)

By Country

• US
• Canada
• Mexico
• Rest of North America