Automotive Vehicle to Everything (V2X) Communications Market Report 2026

The automotive vehicle to everything (v2x) communications market size has grown exponentially in recent years. It will grow from $4.43 billion in 2025 to $5.48 billion in 2026 at a compound annual growth rate (CAGR) of 23.6%. The growth in the historic period can be attributed to vehicle connectivity growth, telematics adoption, traffic safety initiatives, early adas deployment, mobile network expansion.

The automotive vehicle to everything (v2x) communications market size is expected to see exponential growth in the next few years. It will grow to $11.4 billion in 2030 at a compound annual growth rate (CAGR) of 20.1%. The growth in the forecast period can be attributed to autonomous vehicle development, 5g rollout, smart city investments, regulatory mandates for safety, vehicle-to-infrastructure integration. Major trends in the forecast period include deployment of connected vehicle platforms, growth of adas and safety applications, integration with smart infrastructure, adoption of low-latency communication, expansion of cooperative driving systems.

The growing demand for connected vehicles is expected to drive the expansion of the automotive vehicle-to-everything (V2X) communications market in the future. Connected vehicles are equipped with internet connectivity and onboard sensors or devices that enable them to communicate with other vehicles, infrastructure, and external systems. This demand is rising due to factors such as 5G connectivity, heightened safety focus, and consumer preference for enhanced connectivity features. Automotive V2X communications enable connected vehicles to interact with each other and their surroundings, leading to safer, more efficient, and environmentally friendly transportation systems. For instance, in April 2024, the International Energy Agency (IEA), a France-based autonomous intergovernmental organization, reported nearly 14 million new electric car registrations globally in 2023, a 35% year-on-year increase, with sales rising by 3.5 million units compared to 2022. Thus, the increasing demand for connected vehicles is boosting the automotive V2X communications market.

Key companies in the automotive V2X communications market are focusing on technological innovations, such as integrated 5G/Cellular V2X (C-V2X) modules and smart roadside or vehicle-mounted units, to meet rising demand for connected mobility, road safety, traffic efficiency, and smart infrastructure deployment. C-V2X modules combine cellular network connectivity (4G/5G) with direct vehicle-to-vehicle (V2V), vehicle-to-infrastructure (V2I), or vehicle-to-pedestrian (V2P) links, enabling low-latency, high-reliability data exchange beyond traditional wireless protocols like WLAN-based DSRC. For example, in April 2024, DENSO Corporation, a Japan-based mobility company, launched MobiQ, an aftermarket V2X product line that includes both a roadside unit (RSU) and an on-board unit (OBU). MobiQ uses C-V2X modems (embedded cellular plus 5.9 GHz) to enable real-time communication between vehicles and infrastructure, supporting traffic-signal coordination, hazard warnings, improved traffic flow, and enhanced safety for vehicles and vulnerable road users. The RSU integrates with existing traffic infrastructure, while the OBU allows older vehicles to participate in V2X networks via retrofitting, reflecting the industry’s move toward interoperable, scalable, and connectivity-rich mobility ecosystems.

In March 2024, Qualcomm Inc., a US-based technology company, acquired Autotalks Ltd. for an undisclosed sum. The goal of this acquisition is to enhance road safety and mobility by integrating V2X communication solutions into Qualcomm's product portfolio. Autotalks Ltd., an Israel-based company, specializes in V2X (vehicle-to-everything) communication technologies that improve automotive safety systems.

Major companies operating in the automotive vehicle to everything (v2x) communications market report include Volkswagen Group, Toyota Motor Corporation, The Mercedes-Benz Group AG, Ford Motor Company, General Motors Company, Bayerische Motoren Werke AG, AT&T Inc, Honda Motor Co. Ltd, Hyundai Motor Company, Robert Bosch GmbH, Tesla Inc, Nissan Motor Corporation, Panasonic Holdings Corporation, Cisco Systems Inc, Denso Corporation, Qualcomm Technologies Inc, Continental AG, Volvo Car Corporation, Aptiv PLC, NXP Semiconductors N.V, Visteon Corporation, Harman International Industries Inc, Mobileye.

Europe was the largest region in the automotive vehicle to everything (V2X) communications market in 2025. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive vehicle to everything (v2x) communications market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the automotive vehicle to everything (v2x) communications market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The automotive vehicle to everything (V2X) communications market consists of revenues earned by entities by providing services such as vehicle-to-grid (V2G) communication, vehicle-to-cloud (V2C) communication, vehicle-to-device (V2D) communication, traffic management and optimization, and road condition monitoring. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The automotive vehicle to everything (V2X) communications market also includes sales of on-board units (OBUs), roadside units (RSUs), V2X antennas, V2X testing and certification tools, and V2X sensors. 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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