V2I Communication Market Analysis

The market is segmented by end user into cellular, WiFi, DSRC, WiMax, and Bluetooth, out of which, the cellular segment is anticipated to hold the largest share in the vehicle-to-infrastructure (V2I) communication market on account of the ability of cellular applications to manage large number of messages in heavily congested environments and perform better in terms of cybersecurity. Along with this, low costs associated with hardware components is also projected to drive growth to the vehicle-to-infrastructure (V2I) communication market segment in the near future. Additionally, on the basis of component, the segment for hardware is assessed to occupy the largest share, which can be credited to the growing requirement for advanced road markings and smart signs for the implementation of V2I technologies.

Our in-depth analysis of the global vehicle-to-infrastructure (V2I) communication market includes the following segments