Cellular Vehicle to Everything C V2x Market Revenue to Attain USD 16.45 Bn by 2033

26 Sep 2025

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Table of Content

1. Cellular Vehicle to Everything C V2x Market Revenue and Trends 2025 to 2033 2. Cellular Vehicle to Everything (C-V2X) Industry Outlook: Key Drivers & Emerging Opportunities 3. Segmental Insights 4. Regional Insights 5. Cellular Vehicle to Everything C V2x Market Coverage 6. Cellular Vehicle-to-Everything (C-V2X) Market Key Players

Cellular Vehicle to Everything C V2x Market Revenue and Trends 2025 to 2033

The global cellular vehicle to everything C V2x market revenue reached USD 1.66 billion in 2025 and is predicted to attain around USD 16.45 billion by 2033 with a CAGR of 33.16%. The growing incidence of traffic accidents is a major driver of the cellular vehicle to everything (C-V2X) business.

Cellular Vehicle to Everything (C-V2X) Industry Outlook: Key Drivers & Emerging Opportunities

The rising incidence of road accidents on highways is highlighting the necessity for C-V2X technology. C-V2X enables communication among the infrastructure, vehicles, and pedestrians, helping to avert collisions and enhancing traffic management. C-V2X technology enables self-driving cars to interact with one another and exchange vital data like their location, speed, and driving intentions. This data is crucial for ensuring safety for every driver and passenger in autonomous vehicles. A key opportunity identified for the expansion of the CV2-X market is financial support from the government. It assists the sector in its growth and prompt upkeep.

Segmental Insights

• By communication type, Vehicle-to-Vehicle (V2V) segment led the market in 2024, due to its direct role in improving road safety through immediate collision avoidance, providing real-time updates on vehicle speed and position for cooperative maneuvers. 
• By offering, hardware segment dominated the market in 2024, because it includes the essential on-board units (OBUs), sensors, and communication modules that are fundamental for C-V2X systems' real-time data capture and transmission. 
• By vehicle type, Passenger Vehicles segment held the largest share of the market in 2024, as there are a significant consumer and regulatory push for enhanced safety in passenger vehicles. 
• By application, Traffic Management segment dominated the market in 2024, because it directly addresses growing challenges like urban congestion, pollution, and safety, offering tangible solutions through real-time traffic monitoring, route optimization, and intelligent traffic control. 
• By technology, LTE-V (PC5 – Direct) segment held the largest share of the market in 2024, due to its direct, low-latency, and reliable short-range communication capabilities, enabling critical safety features like NLOS hazard detection   and cooperative perception for autonomous vehicles. 
• By deployment type, OEM Deployment segment led the market in 2024, because Automotive Original Equipment Manufacturers (OEMs) are integrating C-V2X hardware, such as embedded modules, during vehicle manufacturing. 
• By end user, Automotive OEMs segment held the largest share in 2024, due to their integral role in integrating C-V2X technology into vehicles, driven by increasing demand for autonomous driving, advanced driver-assistance systems (ADAS), and improved road safety features.

Regional Insights

North America holds the largest portion of the global cellular vehicle-to-everything (C-V2X) market because of the increasing use of advanced driver assist systems (ADAS) and the rising disposable income of individuals. The technological progress in the area is enhancing the development of the local market.

Asia pacific expects the significant growth during the forecast period. Main factors consist of rising vehicle sales, urban growth, an emphasis on road safety, and the advancement of smart city infrastructure. Nations such as China and Japan are at the forefront of C-V2X implementation and experimentation, with significant tech firms contributing greatly to its expansion and acceptance.

Cellular Vehicle to Everything C V2x Market Coverage

Cellular Vehicle-to-Everything (C-V2X) Market Key Players

• Qualcomm Technologies Inc.
• Huawei Technologies Co., Ltd.
• Intel Corporation
• NXP Semiconductors N.V.
• Autotalks Ltd.
• Quectel Wireless Solutions Co., Ltd.
• Savari Inc.
• Fibocom Wireless Inc.
• Autotalks
• Bosch
• Continental
• Nokia

Recent Development

• In May 2025, Indra, Audi of America, and Qualcomm Technologies, Inc. initiated a collaborative project to enhance next-generation toll payments through cellular vehicle-to-everything (C-V2X) technology. 
  (Source: https://www.businesswire.com)

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