Automotive V2X Market to grow at a CAGR of 38.2 percent to reach USD 25.02 Bn by 2029

Industrialization and urbanization have risen as a result of the fast economic growth in various developed countries around the world.

(EMAILWIRE.COM, April 06, 2023 ) As per Maximize Market research, the total global market for “Automotive V2X Market” was USD 1.88 Bn in 2021 and is expected to grow at a CAGR of 38.2 percent over the forecast period to reach USD 25.02 Bn by 2029.

Automotive V2X Market Report Scope and Research Methodology

The report includes an in-depth region-wise and segment-wise analysis of the Automotive V2X Market size and share. The data for the report is gathered by using both the research methodologies that are primary and secondary and the data collected through research was combined for accurate inference.

Request For Free Sample Report: https://www.maximizemarketresearch.com/request-sample/9764

Automotive V2X Market Dynamics

The Automotive V2X Market is driven by increasing collaboration and innovations in connected vehicle technology, rapid urbanization and industrialization and increasing advancements in cellular V2x technology combined with 5G and AI technology. The market growth is hampered by the lack of Infrastructure.

Automotive V2X Market Regional Insights

During the forecast period, Asia Pacific is expected to dominate the market with the largest market share. The regional market growth is driven by the growth in the automotive industry, the increasing purchasing power of people and growing environmental concerns.

Get a Sample Copy of the Report: https://www.maximizemarketresearch.com/request-sample/9764

Automotive V2X Market Segmentation

By vehicle type
Commercial
Passenger

By application
Predictive Maintenance
Remote Monitoring and Diagnostics
Parking Management System
Fleet and Asset Management
Passenger Information System
Emergency Vehicle Notification
Intelligent Traffic System
Automated Driver Assistance

By communication type
Vehicle-to-Vehicle
Vehicle-to-Network
Vehicle-to-Home
Vehicle-to-Grid
Vehicle-to-Pedestrian
Vehicle-to-Infrastructure

By offering
Hardware
Software

By connectivity type
Cellular
DSRC

Automotive V2X Market Key Competitors include:

Intel Corporation (US)
Qualcomm Technologies Inc.(US)
Nvidia Corporation(US)
Autotalks ltd. (Israel)
Cohda Wireless (Australia)
Continental AG(Germany)
Daimler AG(Germany)
Audi AG(Germany)
Robert Bosch GmBH (Germany)

Get the Sample PDF of Report: https://www.maximizemarketresearch.com/request-sample/9764

Maximize Market Research is leading Automotive and Transportation research firm, has also published the following reports:

V2X Cybersecurity Market- The market size is expected to reach USD 4.60 Bn by 2029 at a CAGR of 18.3 percent during the forecast period.

Automotive LiDAR Sensor Market- The Market size is expected to reach USD 2.09 Bn by 2029 at a CAGR of 24.55 percent during the forecast period.

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

Read other news from MAXIMIZE MARKET RESEARCH PVT. LTD.

Retail Cash Management Market to Reach USD 9.5 Bn by 2029 at a CAGR 14.6 percent

Retail Cash Management Market size was valued at USD 3.6Bn. in 2022 and the total Retail Cash Management Market revenue is expected to grow by 14.6 % from 2023 to 2029, reaching nearly USD 9.5 ...Read more

Gaming Software Market expected to reach USD 230.92 Billion by 2029 at a CAGR of 6.8 percent

Global Gaming Software Market size was valued at USD 145.7 Bn in 2022 and is expected to reach USD 230.92 Bn by 2029, at a CAGR of 6.8%. ...Read more

Semiconductor Components Market expected to Reach USD 1331.35 Billion by 2029 at a CAGR of 12.28 percent

Global Semiconductor Components Market size was valued at USD 591.8 Bn in 2022 and is expected to reach USD 1331.35 Bn by 2029, at a CAGR of 12.28% over the forecast period. ...Read more