Global 5G V2X Communications Market Growth (Status and Outlook) 2025-2031

Publication ID:

LPI04253684

Publication Date:

April 28, 2025

Pages:

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

IT Services [2]

Software [3]

Computing & Electronics [4]

Description:

The global 5G V2X Communications market size is predicted to grow from US$ 288 million in 2025 to US$ 6752 million in 2031; it is expected to grow at a CAGR of 69.2% from 2025 to 2031.
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%.
The 鈥�5G V2X Communications Industry Forecast鈥� looks at past sales and reviews total world 5G V2X Communications sales in 2024, providing a comprehensive analysis by region and market sector of projected 5G V2X Communications sales for 2025 through 2031. With 5G V2X Communications sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world 5G V2X Communications industry.
This Insight Report provides a comprehensive analysis of the global 5G V2X Communications landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on 5G V2X Communications portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global 5G V2X Communications market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 5G V2X Communications and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global 5G V2X Communications.
This report presents a comprehensive overview, market shares, and growth opportunities of 5G V2X Communications market by product type, application, key players and key regions and countries.
Segmentation by Type:
Hardware
Software
Segmentation by Application:
Intelligent Driving
Intelligent Transportation
Communications and Entertainment
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Quectel
Harman International
CICTCI
LG Innotek
ZTE
SimCOM
Commsignia
Cohda Wireless
Neoway Technology

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global 5G V2X Communications Market Size (2020-2031)
2.1.2 5G V2X Communications Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for 5G V2X Communications by Country/Region (2020, 2024 & 2031)
2.2 5G V2X Communications Segment by Type
2.2.1 Hardware
2.2.2 Software
2.3 5G V2X Communications Market Size by Type
2.3.1 5G V2X Communications Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global 5G V2X Communications Market Size Market Share by Type (2020-2025)
2.4 5G V2X Communications Segment by Application
2.4.1 Intelligent Driving
2.4.2 Intelligent Transportation
2.4.3 Communications and Entertainment
2.5 5G V2X Communications Market Size by Application
2.5.1 5G V2X Communications Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global 5G V2X Communications Market Size Market Share by Application (2020-2025)
3 5G V2X Communications Market Size by Player
3.1 5G V2X Communications Market Size Market Share by Player
3.1.1 Global 5G V2X Communications Revenue by Player (2020-2025)
3.1.2 Global 5G V2X Communications Revenue Market Share by Player (2020-2025)
3.2 Global 5G V2X Communications Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 5G V2X Communications by Region
4.1 5G V2X Communications Market Size by Region (2020-2025)
4.2 Global 5G V2X Communications Annual Revenue by Country/Region (2020-2025)
4.3 Americas 5G V2X Communications Market Size Growth (2020-2025)
4.4 APAC 5G V2X Communications Market Size Growth (2020-2025)
4.5 Europe 5G V2X Communications Market Size Growth (2020-2025)
4.6 Middle East & Africa 5G V2X Communications Market Size Growth (2020-2025)
5 Americas
5.1 Americas 5G V2X Communications Market Size by Country (2020-2025)
5.2 Americas 5G V2X Communications Market Size by Type (2020-2025)
5.3 Americas 5G V2X Communications Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC 5G V2X Communications Market Size by Region (2020-2025)
6.2 APAC 5G V2X Communications Market Size by Type (2020-2025)
6.3 APAC 5G V2X Communications Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe 5G V2X Communications Market Size by Country (2020-2025)
7.2 Europe 5G V2X Communications Market Size by Type (2020-2025)
7.3 Europe 5G V2X Communications Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa 5G V2X Communications by Region (2020-2025)
8.2 Middle East & Africa 5G V2X Communications Market Size by Type (2020-2025)
8.3 Middle East & Africa 5G V2X Communications Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global 5G V2X Communications Market Forecast
10.1 Global 5G V2X Communications Forecast by Region (2026-2031)
10.1.1 Global 5G V2X Communications Forecast by Region (2026-2031)
10.1.2 Americas 5G V2X Communications Forecast
10.1.3 APAC 5G V2X Communications Forecast
10.1.4 Europe 5G V2X Communications Forecast
10.1.5 Middle East & Africa 5G V2X Communications Forecast
10.2 Americas 5G V2X Communications Forecast by Country (2026-2031)
10.2.1 United States Market 5G V2X Communications Forecast
10.2.2 Canada Market 5G V2X Communications Forecast
10.2.3 Mexico Market 5G V2X Communications Forecast
10.2.4 Brazil Market 5G V2X Communications Forecast
10.3 APAC 5G V2X Communications Forecast by Region (2026-2031)
10.3.1 China 5G V2X Communications Market Forecast
10.3.2 Japan Market 5G V2X Communications Forecast
10.3.3 Korea Market 5G V2X Communications Forecast
10.3.4 Southeast Asia Market 5G V2X Communications Forecast
10.3.5 India Market 5G V2X Communications Forecast
10.3.6 Australia Market 5G V2X Communications Forecast
10.4 Europe 5G V2X Communications Forecast by Country (2026-2031)
10.4.1 Germany Market 5G V2X Communications Forecast
10.4.2 France Market 5G V2X Communications Forecast
10.4.3 UK Market 5G V2X Communications Forecast
10.4.4 Italy Market 5G V2X Communications Forecast
10.4.5 Russia Market 5G V2X Communications Forecast
10.5 Middle East & Africa 5G V2X Communications Forecast by Region (2026-2031)
10.5.1 Egypt Market 5G V2X Communications Forecast
10.5.2 South Africa Market 5G V2X Communications Forecast
10.5.3 Israel Market 5G V2X Communications Forecast
10.5.4 Turkey Market 5G V2X Communications Forecast
10.6 Global 5G V2X Communications Forecast by Type (2026-2031)
10.7 Global 5G V2X Communications Forecast by Application (2026-2031)
10.7.1 GCC Countries Market 5G V2X Communications Forecast
11 Key Players Analysis
11.1 Quectel
11.1.1 Quectel Company Information
11.1.2 Quectel 5G V2X Communications Product Offered
11.1.3 Quectel 5G V2X Communications Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 Quectel Main Business Overview
11.1.5 Quectel Latest Developments
11.2 Harman International
11.2.1 Harman International Company Information
11.2.2 Harman International 5G V2X Communications Product Offered
11.2.3 Harman International 5G V2X Communications Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 Harman International Main Business Overview
11.2.5 Harman International Latest Developments
11.3 CICTCI
11.3.1 CICTCI Company Information
11.3.2 CICTCI 5G V2X Communications Product Offered
11.3.3 CICTCI 5G V2X Communications Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 CICTCI Main Business Overview
11.3.5 CICTCI Latest Developments
11.4 LG Innotek
11.4.1 LG Innotek Company Information
11.4.2 LG Innotek 5G V2X Communications Product Offered
11.4.3 LG Innotek 5G V2X Communications Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 LG Innotek Main Business Overview
11.4.5 LG Innotek Latest Developments
11.5 ZTE
11.5.1 ZTE Company Information
11.5.2 ZTE 5G V2X Communications Product Offered
11.5.3 ZTE 5G V2X Communications Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 ZTE Main Business Overview
11.5.5 ZTE Latest Developments
11.6 SimCOM
11.6.1 SimCOM Company Information
11.6.2 SimCOM 5G V2X Communications Product Offered
11.6.3 SimCOM 5G V2X Communications Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 SimCOM Main Business Overview
11.6.5 SimCOM Latest Developments
11.7 Commsignia
11.7.1 Commsignia Company Information
11.7.2 Commsignia 5G V2X Communications Product Offered
11.7.3 Commsignia 5G V2X Communications Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 Commsignia Main Business Overview
11.7.5 Commsignia Latest Developments
11.8 Cohda Wireless
11.8.1 Cohda Wireless Company Information
11.8.2 Cohda Wireless 5G V2X Communications Product Offered
11.8.3 Cohda Wireless 5G V2X Communications Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 Cohda Wireless Main Business Overview
11.8.5 Cohda Wireless Latest Developments
11.9 Neoway Technology
11.9.1 Neoway Technology Company Information
11.9.2 Neoway Technology 5G V2X Communications Product Offered
11.9.3 Neoway Technology 5G V2X Communications Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 Neoway Technology Main Business Overview
11.9.5 Neoway Technology Latest Developments
12 Research Findings and Conclusion

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