

The global 5G V2X Communications market size was valued at US$ 110 million in 2024 and is forecast to a readjusted size of USD 3837 million by 2031 with a CAGR of 65.1% during review period.
5G V2X (Vehicle-to-Everything) communications refer to the advanced communication technology that utilizes the fifth generation of wireless networks to facilitate interactions between vehicles and various entities within their environment. V2X is an umbrella term encompassing several types of communications: Vehicle-to-Vehicle (V2V): Direct communication between vehicles to share information such as speed, location, and heading. This can improve safety by enabling collision avoidance systems.
Vehicle-to-Infrastructure (V2I): Communication between vehicles and road infrastructure, like traffic lights, road signs, and traffic management systems. This can optimize traffic flow and reduce congestion. Vehicle-to-Pedestrian (V2P): Communication between vehicles and pedestrians or cyclists. This helps in enhancing the safety of vulnerable road users through alerts and warnings. Vehicle-to-Network (V2N): Communication between vehicles and the broader cellular network. This includes interactions with cloud services for navigation, infotainment, and other internet-based services. Vehicle-to-Device (V2D): Communication between vehicles and various devices, which could include smartphones, wearables, and other gadgets carried by pedestrians or cyclists.
The global key manufacturers of 5G V2X Communications include Quectel, Harman International and CICTCI, etc, top 3 manufacturers hold a share approximately 44%. Quectel is the world's largest 5G V2X Communications manufacturer, with a market share of more than 19%. Europe is the largest market, and has a share about 64%, followed by North America and Asia-Pacific with share 18% and 14%, separately. In terms of product type, Hardware is the largest market segment with a share of more than 64%. In terms of applications, Intelligent Driving is the largest downstream segment, with a market share of about 71%.
This report is a detailed and comprehensive analysis for global 5G V2X Communications market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global 5G V2X Communications market size and forecasts, in consumption value ($ Million), 2020-2031
Global 5G V2X Communications market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global 5G V2X Communications market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global 5G V2X Communications market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for 5G V2X Communications
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global 5G V2X Communications market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Quectel, Harman International, CICTCI, LG Innotek, ZTE, SimCOM, Commsignia, Cohda Wireless, Neoway Technology, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
5G V2X Communications market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Hardware
Software
Market segment by Application
Intelligent Driving
Intelligent Transportation
Communications and Entertainment
Market segment by players, this report covers
Quectel
Harman International
CICTCI
LG Innotek
ZTE
SimCOM
Commsignia
Cohda Wireless
Neoway Technology
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe 5G V2X Communications product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of 5G V2X Communications, with revenue, gross margin, and global market share of 5G V2X Communications from 2020 to 2025.
Chapter 3, the 5G V2X Communications competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and 5G V2X Communications market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of 5G V2X Communications.
Chapter 13, to describe 5G V2X Communications research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Market Overview
1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Classification of 5G V2X Communications by Type
1.3.1 Overview: Global 5G V2X Communications Market Size by Type: 2020 Versus 2024 Versus 2031
1.3.2 Global 5G V2X Communications Consumption Value Market Share by Type in 2024
1.3.3 Hardware
1.3.4 Software
1.4 Global 5G V2X Communications Market by Application
1.4.1 Overview: Global 5G V2X Communications Market Size by Application: 2020 Versus 2024 Versus 2031
1.4.2 Intelligent Driving
1.4.3 Intelligent Transportation
1.4.4 Communications and Entertainment
1.5 Global 5G V2X Communications Market Size & Forecast
1.6 Global 5G V2X Communications Market Size and Forecast by Region
1.6.1 Global 5G V2X Communications Market Size by Region: 2020 VS 2024 VS 2031
1.6.2 Global 5G V2X Communications Market Size by Region, (2020-2031)
1.6.3 North America 5G V2X Communications Market Size and Prospect (2020-2031)
1.6.4 Europe 5G V2X Communications Market Size and Prospect (2020-2031)
1.6.5 Asia-Pacific 5G V2X Communications Market Size and Prospect (2020-2031)
1.6.6 South America 5G V2X Communications Market Size and Prospect (2020-2031)
1.6.7 Middle East & Africa 5G V2X Communications Market Size and Prospect (2020-2031)
2 Company Profiles
2.1 Quectel
2.1.1 Quectel Details
2.1.2 Quectel Major Business
2.1.3 Quectel 5G V2X Communications Product and Solutions
2.1.4 Quectel 5G V2X Communications Revenue, Gross Margin and Market Share (2020-2025)
2.1.5 Quectel Recent Developments and Future Plans
2.2 Harman International
2.2.1 Harman International Details
2.2.2 Harman International Major Business
2.2.3 Harman International 5G V2X Communications Product and Solutions
2.2.4 Harman International 5G V2X Communications Revenue, Gross Margin and Market Share (2020-2025)
2.2.5 Harman International Recent Developments and Future Plans
2.3 CICTCI
2.3.1 CICTCI Details
2.3.2 CICTCI Major Business
2.3.3 CICTCI 5G V2X Communications Product and Solutions
2.3.4 CICTCI 5G V2X Communications Revenue, Gross Margin and Market Share (2020-2025)
2.3.5 CICTCI Recent Developments and Future Plans
2.4 LG Innotek
2.4.1 LG Innotek Details
2.4.2 LG Innotek Major Business
2.4.3 LG Innotek 5G V2X Communications Product and Solutions
2.4.4 LG Innotek 5G V2X Communications Revenue, Gross Margin and Market Share (2020-2025)
2.4.5 LG Innotek Recent Developments and Future Plans
2.5 ZTE
2.5.1 ZTE Details
2.5.2 ZTE Major Business
2.5.3 ZTE 5G V2X Communications Product and Solutions
2.5.4 ZTE 5G V2X Communications Revenue, Gross Margin and Market Share (2020-2025)
2.5.5 ZTE Recent Developments and Future Plans
2.6 SimCOM
2.6.1 SimCOM Details
2.6.2 SimCOM Major Business
2.6.3 SimCOM 5G V2X Communications Product and Solutions
2.6.4 SimCOM 5G V2X Communications Revenue, Gross Margin and Market Share (2020-2025)
2.6.5 SimCOM Recent Developments and Future Plans
2.7 Commsignia
2.7.1 Commsignia Details
2.7.2 Commsignia Major Business
2.7.3 Commsignia 5G V2X Communications Product and Solutions
2.7.4 Commsignia 5G V2X Communications Revenue, Gross Margin and Market Share (2020-2025)
2.7.5 Commsignia Recent Developments and Future Plans
2.8 Cohda Wireless
2.8.1 Cohda Wireless Details
2.8.2 Cohda Wireless Major Business
2.8.3 Cohda Wireless 5G V2X Communications Product and Solutions
2.8.4 Cohda Wireless 5G V2X Communications Revenue, Gross Margin and Market Share (2020-2025)
2.8.5 Cohda Wireless Recent Developments and Future Plans
2.9 Neoway Technology
2.9.1 Neoway Technology Details
2.9.2 Neoway Technology Major Business
2.9.3 Neoway Technology 5G V2X Communications Product and Solutions
2.9.4 Neoway Technology 5G V2X Communications Revenue, Gross Margin and Market Share (2020-2025)
2.9.5 Neoway Technology Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global 5G V2X Communications Revenue and Share by Players (2020-2025)
3.2 Market Share Analysis (2024)
3.2.1 Market Share of 5G V2X Communications by Company Revenue
3.2.2 Top 3 5G V2X Communications Players Market Share in 2024
3.2.3 Top 6 5G V2X Communications Players Market Share in 2024
3.3 5G V2X Communications Market: Overall Company Footprint Analysis
3.3.1 5G V2X Communications Market: Region Footprint
3.3.2 5G V2X Communications Market: Company Product Type Footprint
3.3.3 5G V2X Communications Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
4.1 Global 5G V2X Communications Consumption Value and Market Share by Type (2020-2025)
4.2 Global 5G V2X Communications Market Forecast by Type (2026-2031)
5 Market Size Segment by Application
5.1 Global 5G V2X Communications Consumption Value Market Share by Application (2020-2025)
5.2 Global 5G V2X Communications Market Forecast by Application (2026-2031)
6 North America
6.1 North America 5G V2X Communications Consumption Value by Type (2020-2031)
6.2 North America 5G V2X Communications Market Size by Application (2020-2031)
6.3 North America 5G V2X Communications Market Size by Country
6.3.1 North America 5G V2X Communications Consumption Value by Country (2020-2031)
6.3.2 United States 5G V2X Communications Market Size and Forecast (2020-2031)
6.3.3 Canada 5G V2X Communications Market Size and Forecast (2020-2031)
6.3.4 Mexico 5G V2X Communications Market Size and Forecast (2020-2031)
7 Europe
7.1 Europe 5G V2X Communications Consumption Value by Type (2020-2031)
7.2 Europe 5G V2X Communications Consumption Value by Application (2020-2031)
7.3 Europe 5G V2X Communications Market Size by Country
7.3.1 Europe 5G V2X Communications Consumption Value by Country (2020-2031)
7.3.2 Germany 5G V2X Communications Market Size and Forecast (2020-2031)
7.3.3 France 5G V2X Communications Market Size and Forecast (2020-2031)
7.3.4 United Kingdom 5G V2X Communications Market Size and Forecast (2020-2031)
7.3.5 Russia 5G V2X Communications Market Size and Forecast (2020-2031)
7.3.6 Italy 5G V2X Communications Market Size and Forecast (2020-2031)
8 Asia-Pacific
8.1 Asia-Pacific 5G V2X Communications Consumption Value by Type (2020-2031)
8.2 Asia-Pacific 5G V2X Communications Consumption Value by Application (2020-2031)
8.3 Asia-Pacific 5G V2X Communications Market Size by Region
8.3.1 Asia-Pacific 5G V2X Communications Consumption Value by Region (2020-2031)
8.3.2 China 5G V2X Communications Market Size and Forecast (2020-2031)
8.3.3 Japan 5G V2X Communications Market Size and Forecast (2020-2031)
8.3.4 South Korea 5G V2X Communications Market Size and Forecast (2020-2031)
8.3.5 India 5G V2X Communications Market Size and Forecast (2020-2031)
8.3.6 Southeast Asia 5G V2X Communications Market Size and Forecast (2020-2031)
8.3.7 Australia 5G V2X Communications Market Size and Forecast (2020-2031)
9 South America
9.1 South America 5G V2X Communications Consumption Value by Type (2020-2031)
9.2 South America 5G V2X Communications Consumption Value by Application (2020-2031)
9.3 South America 5G V2X Communications Market Size by Country
9.3.1 South America 5G V2X Communications Consumption Value by Country (2020-2031)
9.3.2 Brazil 5G V2X Communications Market Size and Forecast (2020-2031)
9.3.3 Argentina 5G V2X Communications Market Size and Forecast (2020-2031)
10 Middle East & Africa
10.1 Middle East & Africa 5G V2X Communications Consumption Value by Type (2020-2031)
10.2 Middle East & Africa 5G V2X Communications Consumption Value by Application (2020-2031)
10.3 Middle East & Africa 5G V2X Communications Market Size by Country
10.3.1 Middle East & Africa 5G V2X Communications Consumption Value by Country (2020-2031)
10.3.2 Turkey 5G V2X Communications Market Size and Forecast (2020-2031)
10.3.3 Saudi Arabia 5G V2X Communications Market Size and Forecast (2020-2031)
10.3.4 UAE 5G V2X Communications Market Size and Forecast (2020-2031)
11 Market Dynamics
11.1 5G V2X Communications Market Drivers
11.2 5G V2X Communications Market Restraints
11.3 5G V2X Communications Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
12 Industry Chain Analysis
12.1 5G V2X Communications Industry Chain
12.2 5G V2X Communications Upstream Analysis
12.3 5G V2X Communications Midstream Analysis
12.4 5G V2X Communications Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
Quectel
Harman International
CICTCI
LG Innotek
ZTE
SimCOM
Commsignia
Cohda Wireless
Neoway Technology
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*If Applicable.