Automotive V2X Market Outlook:
Automotive V2X Market size was over USD 3.2 billion in 2025 and is anticipated to cross USD 105.17 billion by 2035, witnessing more than 41.8% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of automotive V2X is assessed at USD 4.4 billion.
The cellular vehicle-to-everything (C-V2X) technology is rapidly gaining popularity as it offers wider coverage networks, improved scalability, and natural 5G network integration. Major authorities and automobile manufacturers are actively choosing C-V2X technology for upcoming deployments. Through its C-V2X function, vehicles establish direct connections with infrastructure components, pedestrians, and other vehicles to improve safety conditions and reduce traffic congestion. The abilities of C-V2X make it better suited for future deployments on a global scale.
Various companies focus on improving C-V2X adoption through their work on creating standardized licensing frameworks together with expanded connectivity solutions, advancing the implementation of vehicle communication systems. For instance, in August 2023, Avanci announced a connected vehicles 5G licensing program where customers have access to key patented technologies needed for connecting their vehicles to 5G, 4G, 3G, and 2G networks. This program provides the required technologies that make C-V2X connectivity possible so vehicles can establish communication with smart vehicles and transportation systems.