Vehicle-to-Infrastructure (V2I) Communication Market

Vehicle-to-Infrastructure (V2I) Communication Market Study by Hardware, Software, and Services from 2023 to 2033

Analysis of Vehicle-to-Infrastructure (V2I) Communication Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Vehicle-to-Infrastructure (V2I) Communication Market Outlook (2023 to 2033)

Industrial innovation is propelled by the advent of technologies such as cloud computing, 5G networks, artificial intelligence, fossil fuel energy, and clean energy have forced the automotive industry to research and innovate. The emergence of the intelligent vehicle is likely to remain a mainstay innovation in the coming years where inherent patterns of automotive manufacturers are likely to be broken under big transformation.

On the one hand, traditional automotive companies which use to develop parts independently are now setting up a commercial automatic driving goal in 2023. While on the other side, as a result of the decline in the automotive manufacturing threshold leading tech giants have started to enter into intelligent vehicle arcades and this is likely to take swift uptake in the forecast period 2023-2033.

V2I refers to a communication model that allows users to share the data with the components in support of countries’ roadways. RFID readers, vehicle parking meters, lane markers, and streetlights are a few such components. This bidirectional communication is capable of transmitting data from vehicles to infrastructure and vice versa wirelessly.

As a key part of the vehicle intelligence system, V2I sensors gather infrastructure data and effectively provide advisories to drivers regarding road situations, construction activities, accident-prone areas, and any accidents and the availability of parking facilities. On a similar line, the traffic management supervision system can use vehicle data to set variable speed limits to adjust traffic timings. As a result, all hardware, software, and firmware are key components in the realization of the driverless car experience.

Countries such as China, India, and Brazil are some of the fast-growing economies that are continuously increasing their spending, thereby driving the adoption of connected vehicle technologies that leads to the adoption of V2I technologies. This technology is one of the key factors that is expected to boost the growth of vehicle-to-infrastructure (V2I) communications. V2I communication is an exchange of information regarding critical safety and operational data between vehicles and roadside infrastructure.

Don't Need a Global Report?

save 40%! on Country & Region specific reports

Market Dynamics- Demand Drivers

Growth in intelligent vehicles to spur the demand in the V2I market

The vehicle-to-infrastructure communication offers security applications that are designed to avoid vehicle accidents and crashes. Also, its introduction will help in supporting infrastructure and vehicle deployments. This advanced form of intelligent transportation system provides vehicle-generated traffic data and offers information using wireless technologies. Moreover, V2I allows vehicles to communicate with the static infrastructure modules. This provides information related to the timing of traffic lights, road signs, or collisions.

The V2I sensors that are integrated into intelligent transportation systems (ITS) can also capture infrastructure data and provide drivers with real-time information such as road conditions, traffic congestion, weather conditions, accidents, and parking availability.

Also, Intelligent vehicles can communicate with the roadside infrastructure which is then directed toward a central station that enables numerous vehicles to work on the same bandwidth.

Manufacturers focus on making vehicles more intelligent until they become completely unmanned

This technology helps all the servers to maintain the speed and position of all the vehicles on the streets and roads. The component including hardware and software which is used in communication between vehicles and roadway infrastructure is an essential part of all driverless car technologies.

The rapid rise in demand for smart vehicles is mainly due to innovation in intelligent technologies, the integration of automotive and internet gradually increasing, entries of major manufacturers into autonomous vehicles, and favorable mobility policies by governments. Improving intelligence in vehicles is the work of sensors that track 3D forms of objects and could convey information to the system quickly. this is likely to increase the v2i market share in the forecast period 2023-2033.

Key Players

  • Qualcomm Incorporated
  • Unex Technology Corp.
  • MediaTek, Inc.
  • Quectel Wireless Solutions
  • Savari, Inc.
  • Delphi Automotive PLC
  • Robert Bosch GmbH
  • Infineon Technologies AG
  • Audi AG
  • AT&T Inc.
  • Daimler AG

More Insights, Lesser Cost (-50% off)

Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR

Regional Outlook

North America is expected to dominate the market followed by the Asia Pacific and Western Europe region. The primary growth factor in North America is the introduction of connected technologies by automotive vendors to connect vehicles and infrastructure which is boosting the growth of the market in the U.S.

Also, the demand in the Asia Pacific is anticipated to rise, as there is an increase in the adoption of cellular technologies in the region. Also, the rising demand for vehicle telematics and autonomous driving is creating growth opportunities for the market in the Western Europe region. Latin America and MEA are expected to see a significant growth rate in the market.

Recent Developments

  • 2020- LG electronics has started to experiment on the next generation C V2X platform on the Verizon 5G and AWS to handle the real-time data. this is mainly to adhere to privacy requirements while facilitating more ease in communication and vehicle workflow control.
  • In 2021- Qualcomm collaborated with Cohda wireless to deliver the new C-V2X turnkey solution for auto manufacturers. these snapdragon platforms are enabled with 5G and 4G support radio communication technology.
  • In 2020- Huawei collaborated with 18 Chinese auto companies to fasten the commercially available 5G cars. the V2I technology at Huawei to intends to combine communication through cellular networks for cloud-based services including navigation and other smart infrastructure.

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

Segmentation

  • By Component :

    • Hardware
    • Software
    • Services

  • By Communication Technology :

    • Dedicated Short Range Communication (DSRC)
    • Cellular
    • Wi-Fi
    • WiMAX

  • By Regions :

    • North America
      • U.S. & Canada
    • Latin America
      • Brazil, Argentina & Others
    • Eastern Europe
      • Poland
      • Russia
      • Rest of Eastern Europe
    • Western Europe
      • Germany
      • Italy
      • France
      • UK
      • Spain
      • Nordic
      • BENELUX
      • Rest of Western Europe
    • Asia Pacific
      • Australia and New Zealand (ANZ)
      • Greater China
      • India
      • ASEAN
      • Rest of Asia Pacific
    • Japan
    • Middle East and Africa
      • GCC Countries
      • Other Middle East
      • North Africa
      • South Africa
      • Other Africa

Table of Content

1. Executive Summary

2. Industry Introduction, including Taxonomy and Market Definition

3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments

4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections

5. Pricing Analysis

6. Global Market Analysis and Forecast

    6.1. Component

    6.2. Communication Technology

7. Global Market Analysis and Forecast, By Component

    7.1. Hardware

    7.2. Software

    7.3. Services

8. Global Market Analysis and Forecast, By Communication Technology

    8.1. Dedicated Short Range Communication (DSRC)

    8.2. Cellular

    8.3. Wi-Fi

    8.4. WiMAX

9. Global Market Analysis and Forecast, By Region

    9.1. North America

    9.2. Latin America

    9.3. Western Europe

    9.4. Eastern Europe

    9.5. East Asia

    9.6. South Asia & Pacific

    9.7. MEA

10. North America Sales Analysis and Forecast, by Key Segments and Countries

11. Latin America Sales Analysis and Forecast, by Key Segments and Countries

12. Western Europe Sales Analysis and Forecast, by Key Segments and Countries

13. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries

14. East Asia Sales Analysis and Forecast, by Key Segments and Countries

15. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries

16. MEA Sales Analysis and Forecast, by Key Segments and Countries

17. Sales Forecast by Component and Communication Technology for 30 Countries

18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard

19. Company Profile

    19.1. Qualcomm Incorporated

    19.2. Unex Technology Corp.

    19.3. MediaTek, Inc.

    19.4. Quectel Wireless Solutions

    19.5. Savari, Inc.

    19.6. Delphi Automotive PLC

    19.7. Robert Bosch GmbH

    19.8. Infineon Technologies AG

    19.9. Audi AG

    19.10. AT&T Inc.

    19.11. Daimler AG

Don't Need a Global Report?

save 40%! on Country & Region specific reports

List Of Table

Table 01: Global Market US$ Mn Forecast by Region

Table 02: Global Market US$ Mn Forecast by Component

Table 03: Global Market US$ Mn Forecast by Communication Technology

Table 04: North America Market US$ Mn Forecast by Country

Table 05: North America Market US$ Mn Forecast by Component

Table 06: North America Market US$ Mn Forecast by Communication Technology

Table 07: Latin America Market US$ Mn Forecast by Country

Table 08: Latin America Market US$ Mn Forecast by Component

Table 09: Latin America Market US$ Mn Forecast by Communication Technology

Table 10: Western Europe Market US$ Mn Forecast by Country

Table 11: Western Europe Market US$ Mn Forecast by Component

Table 12: Western Europe Market US$ Mn Forecast by Communication Technology

Table 13: Eastern Europe Market US$ Mn Forecast by Country

Table 14: Eastern Europe Market US$ Mn Forecast by Component

Table 15: Eastern Europe Market US$ Mn Forecast by Communication Technology

Table 16: East Asia Market US$ Mn Forecast by Country

Table 17: East Asia Market US$ Mn Forecast by Component

Table 18: East Asia Market US$ Mn Forecast by Communication Technology

Table 19: South Asia & Pacific Market US$ Mn Forecast by Country

Table 20: South Asia & Pacific Market US$ Mn Forecast by Component

Table 21: South Asia & Pacific Market US$ Mn Forecast by Communication Technology

Table 22: MEA Market US$ Mn Forecast by Country

Table 23: MEA Market US$ Mn Forecast by Component

Table 24: MEA Market US$ Mn Forecast by Communication Technology

More Insights, Lesser Cost (-50% off)

Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR

List Of Figures

Figure 01: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Component

Figure 02: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Communication Technology

Figure 03: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region

Figure 04: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Component

Figure 05: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Communication Technology

Figure 06: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Figure 07: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Component

Figure 08: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Communication Technology

Figure 09: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Figure 10: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Component

Figure 11: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Communication Technology

Figure 12: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Figure 13: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Component

Figure 14: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Communication Technology

Figure 15: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Figure 16: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Component

Figure 17: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Communication Technology

Figure 18: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Figure 19: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Component

Figure 20: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Communication Technology

Figure 21: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Figure 22: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Component

Figure 23: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Communication Technology

Figure 24: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

Where will manufacturers likely to positive market outlook?

The North American region is likely to hold major market growth owing to the presence of major players and rising interconnectivity.

What are the drivers of demand in the industry?

Increasing innovation in fuel-efficient vehicles, the rise in the shift to electric vehicles, and technological advancements are key drivers of this industry in the forecast period 2023- 2033.

Which segments are covered under this report?

This research covers insights on basis of components, communication technology, and Regions.

Vehicle-to-Infrastructure (V2I) Communication Market

Schedule a Call

Copyright © Fact.MR All Rights Reserved

An initiative of Eminent Research and Advisory Services