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

By Communication;

Vehicle-to-Infrastructure (V2I), Vehicle-to-Person (V2P), Vehicle-to-Network (V2N) and Vehicle-to-Vehicle (V2V)

By Component;

Hardware [On-Board Units (OBUs), Roadside Units (RSUs), Antennas and Communication Modules] and Software [Traffic Management Software and Fleet Management Systems]

By Vehicle;

Passenger Vehicles [Hatchback, Sedan and SUV] and Commercial Vehicles [Light Commercial Vehicles (LCV), Medium Commercial Vehicles (MCV) and Heavy Commercial Vehicles (HCV)]

By Application;

Autonomous Driving, Fleet Management, Collision Avoidance, Intelligent Traffic Systems, Parking Management Systems and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn453209906 Published Date: September, 2025 Updated Date: October, 2025

Cellular Vehicle-to-Everything (C-V2X) Market Overview

Cellular Vehicle-to-Everything (C-V2X) Market (USD Million)

Cellular Vehicle-to-Everything (C-V2X) Market was valued at USD 1,306.29 million in the year 2024. The size of this market is expected to increase to USD 8,065.30 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 29.7%.


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

*Market size in USD million

CAGR 29.7 %


Study Period2025 - 2031
Base Year2024
CAGR (%)29.7 %
Market Size (2024)USD 1,306.29 Million
Market Size (2031)USD 8,065.30 Million
Market ConcentrationLow
Report Pages368
1,306.29
2024
8,065.30
2031

Major Players

  • Autotalks Ltd.
  • Commsignia Ltd
  • Continental AG
  • Huawei Technologies Co. Ltd
  • NTT Docomo Inc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

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

Fragmented - Highly competitive market without dominant players


The Cellular Vehicle-to-Everything (C-V2X) Market is expanding rapidly as automakers and mobility providers embrace connected solutions. Nearly 57% of vehicle platforms in development now include C-V2X capabilities, while about 45% of smart mobility pilots are powered by this communication technology.

Improving Road Safety and Traffic Flow
C-V2X is becoming a critical tool for enhancing safety and efficiency in transportation. Around 52% of traffic management agencies are implementing it for collision avoidance, lane coordination, and pedestrian protection. Nearly 41% of smart infrastructure projects integrate C-V2X to ease congestion and improve traffic movement.

Innovation Driving Market Growth
Technology advancements are fueling adoption, with over 46% of C-V2X systems featuring 5G support, edge computing, and AI-powered analytics. Approximately 39% of telecom firms and automakers are forming partnerships to ensure faster, more reliable, and interoperable communication for connected ecosystems.

Applications Across the Transportation Network
C-V2X use cases are expanding beyond cars, with more than 53% of projects incorporating vehicle-to-infrastructure communication and nearly 42% emphasizing vehicle-to-pedestrian safety. These applications underline the importance of C-V2X in creating fully connected and intelligent transportation systems.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Communication
    2. Market Snapshot, By Component
    3. Market Snapshot, By Vehicle
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Cellular Vehicle-to-Everything (C-V2X) Market Forces
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Expansion of 5G Networks and Advanced Connectivity

        2. Growing Adoption of Smart Transportation and Infrastructure

        3. Rising Demand for Road Safety and Traffic Efficiency

      2. Restraints
        1. High Deployment Costs and Infrastructure Challenges

        2. Regulatory and Standardization Uncertainties

        3. Cybersecurity Risks and Data Privacy Concerns

      3. Opportunities
        1. Integration with Autonomous Vehicles and AI-driven Mobility

        2. Expansion in Emerging Markets and Smart City Initiatives

        3. Collaborations Between Automakers, Telecom Providers, and Governments

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Cellular Vehicle-to-Everything (C-V2X) Market, By Communication, 2021 - 2031 (USD Million)
      1. Vehicle-to-Infrastructure (V2I)
      2. Vehicle-to-Person (V2P)
      3. Vehicle-to-Network (V2N)
      4. Vehicle-to-Vehicle (V2V)
    2. Cellular Vehicle-to-Everything (C-V2X) Market, By Component, 2021 - 2031 (USD Million)
      1. Hardware
        1. On-Board Units (OBUs)
        2. Roadside Units (RSUs)
        3. Antennas
        4. Communication Modules
      2. Software
        1. Traffic Management Software
        2. Fleet Management Systems
    3. Cellular Vehicle-to-Everything (C-V2X) Market, By Vehicle, 2021 - 2031 (USD Million)
      1. Passenger Vehicles
        1. Hatchback
        2. Sedan
        3. SUV
      2. Commercial Vehicles
        1. Light Commercial Vehicles (LCV)
        2. Medium Commercial Vehicles (MCV)
        3. Heavy Commercial Vehicles (HCV)
    4. Cellular Vehicle-to-Everything (C-V2X) Market, By Application, 2021 - 2031 (USD Million)
      1. Autonomous Driving
      2. Fleet Management
      3. Collision Avoidance
      4. Intelligent Traffic Systems
      5. Parking Management Systems
      6. Others
    5. Cellular Vehicle-to-Everything (C-V2X) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landsca
    1. Company Profiles
      1. Qualcomm
      2. Huawei Technologies
      3. Continental AG
      4. HARMAN International
      5. Robert Bosch GmbH
      6. NXP Semiconductors
      7. ZTE Corporation
      8. Nokia Corporation
      9. Intel Corporation
      10. Infineon Technologies
      11. Denso Corporation
      12. Aptiv
      13. Quectel Wireless Solutions
      14. Fibocom Wireless
      15. Cohda Wireless
  7. Analyst Views
  8. Future Outlook of the Market