세계의 5G V2X 통신 시장 : 시장 점유율과 순위, 전체 판매 및 수요 예측(2025-2031년)

The global market for 5G V2X Communications was estimated to be worth US$ 184 million in 2024 and is forecast to a readjusted size of US$ 6862 million by 2031 with a CAGR of 66.7% during the forecast period 2025-2031.

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 5G V2X (Vehicle-to-Everything) communications market is entering a transformative phase, underpinned by the convergence of next-generation wireless technologies and intelligent transportation systems. As automakers and smart city planners prioritize vehicle safety, traffic efficiency, and autonomous mobility, 5G V2X has emerged as a foundational technology enabling ultra-reliable, low-latency communications between vehicles and surrounding infrastructure. The market is currently led by key players such as Quectel, Harman International, and CICTCI, which together account for approximately 44% of the global market share. Quectel, in particular, holds the leading position with over 19% share, driven by its robust module portfolio and partnerships with global OEMs and Tier 1 suppliers.

From a product standpoint, hardware components-including communication modules, onboard units (OBUs), and roadside units (RSUs)-constitute the largest segment, contributing to over 64% of total market value. The complex demands of 5G V2X applications require hardware solutions that meet stringent requirements for latency, speed, and environmental durability. With the maturation of chipsets and edge computing, hardware providers are increasingly focusing on integration and interoperability to facilitate scalable deployment across vehicle platforms and road networks. While software and cloud platforms are critical enablers of V2X ecosystems, their market value remains secondary at this stage due to ongoing standardization efforts.

In terms of application, Intelligent Driving represents the dominant downstream use case, accounting for approximately 71% of global demand. This reflects the pivotal role of 5G V2X in enabling real-time situational awareness, cooperative collision avoidance, and advanced driver-assistance systems (ADAS). As OEMs accelerate the rollout of Level 3 and Level 4 autonomous driving capabilities, V2X will increasingly serve as a critical complement to onboard sensors such as LiDAR and radar.

Looking ahead, market expansion will be driven by improvements in network infrastructure, cross-industry standards development, and broader policy support for connected vehicle ecosystems. However, challenges around cybersecurity, data privacy, and regional regulatory harmonization remain key considerations for long-term scalability.

This report aims to provide a comprehensive presentation of the global market for 5G V2X Communications, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of 5G V2X Communications by region & country, by Type, and by Application.

The 5G V2X Communications market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding 5G V2X Communications.

Market Segmentation

By Company

• Quectel
• Harman International
• CICTCI
• LG Innotek
• ZTE
• SimCOM
• Commsignia
• Cohda Wireless
• Neoway Technology
• Huawei
• Askey
• Robert Bosch

Segment by Type

• Hardware
• Software

Segment by Application

• Intelligent Driving
• Intelligent Transportation
• Communications and Entertainment

By Region

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Australia
  • Rest of Asia-Pacific
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Netherlands
  • Nordic Countries
  • Rest of Europe
• Latin America
  • Mexico
  • Brazil
  • Rest of Latin America
• Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
  • Rest of MEA

Chapter Outline

Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 2: Detailed analysis of 5G V2X Communications company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 5: Revenue of 5G V2X Communications in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 6: Revenue of 5G V2X Communications in country level. It provides sigmate data by Type, and by Application for each country/region.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.

Table of Contents

1 Market Overview

• 1.1 5G V2X Communications Product Introduction
• 1.2 Global 5G V2X Communications Market Size Forecast (2020-2031)
• 1.3 5G V2X Communications Market Trends & Drivers
  • 1.3.1 5G V2X Communications Industry Trends
  • 1.3.2 5G V2X Communications Market Drivers & Opportunity
  • 1.3.3 5G V2X Communications Market Challenges
  • 1.3.4 5G V2X Communications Market Restraints
• 1.4 Assumptions and Limitations
• 1.5 Study Objectives
• 1.6 Years Considered

2 Competitive Analysis by Company

• 2.1 Global 5G V2X Communications Players Revenue Ranking (2024)
• 2.2 Global 5G V2X Communications Revenue by Company (2020-2025)
• 2.3 Key Companies 5G V2X Communications Manufacturing Base Distribution and Headquarters
• 2.4 Key Companies 5G V2X Communications Product Offered
• 2.5 Key Companies Time to Begin Mass Production of 5G V2X Communications
• 2.6 5G V2X Communications Market Competitive Analysis
  • 2.6.1 5G V2X Communications Market Concentration Rate (2020-2025)
  • 2.6.2 Global 5 and 10 Largest Companies by 5G V2X Communications Revenue in 2024
  • 2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in 5G V2X Communications as of 2024)
• 2.7 Mergers & Acquisitions, Expansion

3 Segmentation by Type

• 3.1 Introduction by Type
  • 3.1.1 Hardware
  • 3.1.2 Software
• 3.2 Global 5G V2X Communications Sales Value by Type
  • 3.2.1 Global 5G V2X Communications Sales Value by Type (2020 VS 2024 VS 2031)
  • 3.2.2 Global 5G V2X Communications Sales Value, by Type (2020-2031)
  • 3.2.3 Global 5G V2X Communications Sales Value, by Type (%) (2020-2031)

4 Segmentation by Application

• 4.1 Introduction by Application
  • 4.1.1 Intelligent Driving
  • 4.1.2 Intelligent Transportation
  • 4.1.3 Communications and Entertainment
• 4.2 Global 5G V2X Communications Sales Value by Application
  • 4.2.1 Global 5G V2X Communications Sales Value by Application (2020 VS 2024 VS 2031)
  • 4.2.2 Global 5G V2X Communications Sales Value, by Application (2020-2031)
  • 4.2.3 Global 5G V2X Communications Sales Value, by Application (%) (2020-2031)

5 Segmentation by Region

• 5.1 Global 5G V2X Communications Sales Value by Region
  • 5.1.1 Global 5G V2X Communications Sales Value by Region: 2020 VS 2024 VS 2031
  • 5.1.2 Global 5G V2X Communications Sales Value by Region (2020-2025)
  • 5.1.3 Global 5G V2X Communications Sales Value by Region (2026-2031)
  • 5.1.4 Global 5G V2X Communications Sales Value by Region (%), (2020-2031)
• 5.2 North America
  • 5.2.1 North America 5G V2X Communications Sales Value, 2020-2031
  • 5.2.2 North America 5G V2X Communications Sales Value by Country (%), 2024 VS 2031
• 5.3 Europe
  • 5.3.1 Europe 5G V2X Communications Sales Value, 2020-2031
  • 5.3.2 Europe 5G V2X Communications Sales Value by Country (%), 2024 VS 2031
• 5.4 Asia Pacific
  • 5.4.1 Asia Pacific 5G V2X Communications Sales Value, 2020-2031
  • 5.4.2 Asia Pacific 5G V2X Communications Sales Value by Region (%), 2024 VS 2031
• 5.5 South America
  • 5.5.1 South America 5G V2X Communications Sales Value, 2020-2031
  • 5.5.2 South America 5G V2X Communications Sales Value by Country (%), 2024 VS 2031
• 5.6 Middle East & Africa
  • 5.6.1 Middle East & Africa 5G V2X Communications Sales Value, 2020-2031
  • 5.6.2 Middle East & Africa 5G V2X Communications Sales Value by Country (%), 2024 VS 2031

6 Segmentation by Key Countries/Regions

• 6.1 Key Countries/Regions 5G V2X Communications Sales Value Growth Trends, 2020 VS 2024 VS 2031
• 6.2 Key Countries/Regions 5G V2X Communications Sales Value, 2020-2031
• 6.3 United States
  • 6.3.1 United States 5G V2X Communications Sales Value, 2020-2031
  • 6.3.2 United States 5G V2X Communications Sales Value by Type (%), 2024 VS 2031
  • 6.3.3 United States 5G V2X Communications Sales Value by Application, 2024 VS 2031
• 6.4 Europe
  • 6.4.1 Europe 5G V2X Communications Sales Value, 2020-2031
  • 6.4.2 Europe 5G V2X Communications Sales Value by Type (%), 2024 VS 2031
  • 6.4.3 Europe 5G V2X Communications Sales Value by Application, 2024 VS 2031
• 6.5 China
  • 6.5.1 China 5G V2X Communications Sales Value, 2020-2031
  • 6.5.2 China 5G V2X Communications Sales Value by Type (%), 2024 VS 2031
  • 6.5.3 China 5G V2X Communications Sales Value by Application, 2024 VS 2031
• 6.6 Japan
  • 6.6.1 Japan 5G V2X Communications Sales Value, 2020-2031
  • 6.6.2 Japan 5G V2X Communications Sales Value by Type (%), 2024 VS 2031
  • 6.6.3 Japan 5G V2X Communications Sales Value by Application, 2024 VS 2031
• 6.7 South Korea
  • 6.7.1 South Korea 5G V2X Communications Sales Value, 2020-2031
  • 6.7.2 South Korea 5G V2X Communications Sales Value by Type (%), 2024 VS 2031
  • 6.7.3 South Korea 5G V2X Communications Sales Value by Application, 2024 VS 2031
• 6.8 Southeast Asia
  • 6.8.1 Southeast Asia 5G V2X Communications Sales Value, 2020-2031
  • 6.8.2 Southeast Asia 5G V2X Communications Sales Value by Type (%), 2024 VS 2031
  • 6.8.3 Southeast Asia 5G V2X Communications Sales Value by Application, 2024 VS 2031
• 6.9 India
  • 6.9.1 India 5G V2X Communications Sales Value, 2020-2031
  • 6.9.2 India 5G V2X Communications Sales Value by Type (%), 2024 VS 2031
  • 6.9.3 India 5G V2X Communications Sales Value by Application, 2024 VS 2031

7 Company Profiles

• 7.1 Quectel
  • 7.1.1 Quectel Profile
  • 7.1.2 Quectel Main Business
  • 7.1.3 Quectel 5G V2X Communications Products, Services and Solutions
  • 7.1.4 Quectel 5G V2X Communications Revenue (US$ Million) & (2020-2025)
  • 7.1.5 Quectel Recent Developments
• 7.2 Harman International
  • 7.2.1 Harman International Profile
  • 7.2.2 Harman International Main Business
  • 7.2.3 Harman International 5G V2X Communications Products, Services and Solutions
  • 7.2.4 Harman International 5G V2X Communications Revenue (US$ Million) & (2020-2025)
  • 7.2.5 Harman International Recent Developments
• 7.3 CICTCI
  • 7.3.1 CICTCI Profile
  • 7.3.2 CICTCI Main Business
  • 7.3.3 CICTCI 5G V2X Communications Products, Services and Solutions
  • 7.3.4 CICTCI 5G V2X Communications Revenue (US$ Million) & (2020-2025)
  • 7.3.5 CICTCI Recent Developments
• 7.4 LG Innotek
  • 7.4.1 LG Innotek Profile
  • 7.4.2 LG Innotek Main Business
  • 7.4.3 LG Innotek 5G V2X Communications Products, Services and Solutions
  • 7.4.4 LG Innotek 5G V2X Communications Revenue (US$ Million) & (2020-2025)
  • 7.4.5 LG Innotek Recent Developments
• 7.5 ZTE
  • 7.5.1 ZTE Profile
  • 7.5.2 ZTE Main Business
  • 7.5.3 ZTE 5G V2X Communications Products, Services and Solutions
  • 7.5.4 ZTE 5G V2X Communications Revenue (US$ Million) & (2020-2025)
  • 7.5.5 ZTE Recent Developments
• 7.6 SimCOM
  • 7.6.1 SimCOM Profile
  • 7.6.2 SimCOM Main Business
  • 7.6.3 SimCOM 5G V2X Communications Products, Services and Solutions
  • 7.6.4 SimCOM 5G V2X Communications Revenue (US$ Million) & (2020-2025)
  • 7.6.5 SimCOM Recent Developments
• 7.7 Commsignia
  • 7.7.1 Commsignia Profile
  • 7.7.2 Commsignia Main Business
  • 7.7.3 Commsignia 5G V2X Communications Products, Services and Solutions
  • 7.7.4 Commsignia 5G V2X Communications Revenue (US$ Million) & (2020-2025)
  • 7.7.5 Commsignia Recent Developments
• 7.8 Cohda Wireless
  • 7.8.1 Cohda Wireless Profile
  • 7.8.2 Cohda Wireless Main Business
  • 7.8.3 Cohda Wireless 5G V2X Communications Products, Services and Solutions
  • 7.8.4 Cohda Wireless 5G V2X Communications Revenue (US$ Million) & (2020-2025)
  • 7.8.5 Cohda Wireless Recent Developments
• 7.9 Neoway Technology
  • 7.9.1 Neoway Technology Profile
  • 7.9.2 Neoway Technology Main Business
  • 7.9.3 Neoway Technology 5G V2X Communications Products, Services and Solutions
  • 7.9.4 Neoway Technology 5G V2X Communications Revenue (US$ Million) & (2020-2025)
  • 7.9.5 Neoway Technology Recent Developments
• 7.10 Huawei
  • 7.10.1 Huawei Profile
  • 7.10.2 Huawei Main Business
  • 7.10.3 Huawei 5G V2X Communications Products, Services and Solutions
  • 7.10.4 Huawei 5G V2X Communications Revenue (US$ Million) & (2020-2025)
  • 7.10.5 Huawei Recent Developments
• 7.11 Askey
  • 7.11.1 Askey Profile
  • 7.11.2 Askey Main Business
  • 7.11.3 Askey 5G V2X Communications Products, Services and Solutions
  • 7.11.4 Askey 5G V2X Communications Revenue (US$ Million) & (2020-2025)
  • 7.11.5 Askey Recent Developments
• 7.12 Robert Bosch
  • 7.12.1 Robert Bosch Profile
  • 7.12.2 Robert Bosch Main Business
  • 7.12.3 Robert Bosch 5G V2X Communications Products, Services and Solutions
  • 7.12.4 Robert Bosch 5G V2X Communications Revenue (US$ Million) & (2020-2025)
  • 7.12.5 Robert Bosch Recent Developments

8 Industry Chain Analysis

• 8.1 5G V2X Communications Industrial Chain
• 8.2 5G V2X Communications Upstream Analysis
  • 8.2.1 Key Raw Materials
  • 8.2.2 Raw Materials Key Suppliers
  • 8.2.3 Manufacturing Cost Structure
• 8.3 Midstream Analysis
• 8.4 Downstream Analysis (Customers Analysis)
• 8.5 Sales Model and Sales Channels
  • 8.5.1 5G V2X Communications Sales Model
  • 8.5.2 Sales Channel
  • 8.5.3 5G V2X Communications Distributors

9 Research Findings and Conclusion

10 Appendix

• 10.1 Research Methodology
  • 10.1.1 Methodology/Research Approach
    • 10.1.1.1 Research Programs/Design
    • 10.1.1.2 Market Size Estimation
    • 10.1.1.3 Market Breakdown and Data Triangulation
  • 10.1.2 Data Source
    • 10.1.2.1 Secondary Sources
    • 10.1.2.2 Primary Sources
• 10.2 Author Details
• 10.3 Disclaimer