The global Cellular Vehicle-to-Everything (C-V2X) market is projected to increase from USD 1.66 billion in 2025 to USD 21.91 billion by 2034, expanding at a remarkable CAGR of 33.16%. According to Precedence Research, this growth is propelled by rising demand for connected mobility solutions, enhanced road safety, and the widespread rollout of 5G networks.
C-V2X, a communication framework based on 3GPP LTE and 5G standards, enables seamless interaction between vehicles, infrastructure, pedestrians, and networks. It plays a crucial role in supporting the next era of autonomous driving, intelligent traffic management, and smart city infrastructure.
Quick Insights
- Market Size (2024): USD 1.25 billion
- Market Size (2025): USD 1.66 billion
- Forecast (2034): USD 21.91 billion
- CAGR (2025–2034): 33.16%
- Top Region (2024): North America – 33.3% market share
- Fastest Growing Region: Asia Pacific
- Top Communication Type: Vehicle-to-Vehicle (34.2% share in 2024)
- Fastest-Growing Segment: Vehicle-to-Grid (CAGR 15.1%)
- Leading Offering: Hardware (60% share in 2024)
- Top Vehicle Type: Passenger Vehicles (52.8% share in 2024)
- Emerging Growth Vehicle Type: Autonomous Vehicles (CAGR 16.4%)
- Largest Application: Traffic Management (26.5% share in 2024)
- Fastest Application Growth: Autonomous Driving (CAGR 14.8%)
- Top End User: Automotive OEMs (39.7% share in 2024)
- Fastest-Growing End User: Telecom Providers (CAGR 12.7%)
What is driving the adoption of C-V2X?
The evolution of transportation is being reshaped by the ability of vehicles to communicate not only with each other but also with infrastructure, networks, and even pedestrians. This is where C-V2X technology emerges as a critical enabler. Designed under 3GPP LTE and 5G standards, C-V2X offers ultra-low latency, real-time data exchange, and advanced safety features. Governments worldwide are also investing in smart city projects and intelligent traffic management, further strengthening market adoption.
What opportunities are shaping the future?
The C-V2X landscape is opening doors to numerous opportunities. The advent of 5G networks ensures low-latency communication crucial for autonomous vehicles. Smart city initiatives worldwide are integrating connected infrastructure for traffic efficiency and safety. Moreover, the rise of electric and autonomous fleets brings Vehicle-to-Grid (V2G) into focus, creating new opportunities in energy management and sustainability.
Expert Perspective
“C-V2X technology represents the cornerstone of intelligent transportation systems. By combining 5G connectivity with advanced vehicle communication frameworks, we are entering an era where road safety, efficiency, and autonomy converge. Our research indicates that telecom providers and automotive OEMs will form the backbone of this ecosystem, shaping mobility for decades to come,” said Dr. Anika Sharma, Principal Consultant at Precedence Research.
Which regions and countries are shaping the future of C-V2X?
U.S. Cellular Vehicle-to-Everything (C-V2X) Market Size and Growth 2025 to 2034
The U.S. cellular vehicle-to-everything (C-V2X) market size was USD 291.38 million in 2024 and is predicted to surpass around USD 5,153.23 million by 2034, at a CAGR of 33.28% from 2025 to 2034.
North America – A Pioneer in Connected Mobility (33.3% share in 2024)
North America remains the largest regional market, holding 33.3% of global C-V2X revenues in 2024. The United States leads this adoption, fueled by strong autonomous driving pilots in states like California and Michigan, coupled with regulatory initiatives such as the U.S. Department of Transportation’s V2X deployment programs. The country’s 5G infrastructure leadership gives it a critical edge, enabling real-time vehicle communication at scale. Canada is following closely, driven by smart corridor projects in Ontario and Quebec that integrate connected vehicles into urban transportation systems. Together, the U.S. and Canada create a North American ecosystem that is technology-driven, highly regulated, and primed for rapid commercialization.
Asia Pacific – Fastest-Growing Hub of Innovation
Asia Pacific is projected to witness the fastest CAGR through 2034, with China, Japan, and South Korea at the forefront of adoption.
- China: The largest automotive market in the world is also a trailblazer in smart mobility pilots, with C-V2X trials across Shanghai, Beijing, and Shenzhen. The Chinese government’s push for autonomous vehicle commercialization by 2030 and EV integration with V2G systems positions the country as the global testbed for C-V2X at scale.
- Japan: Home to automotive giants such as Toyota and Honda, Japan has invested heavily in road safety and disaster-response systems leveraging C-V2X. Pilots in Tokyo and Osaka highlight Japan’s goal of achieving zero traffic fatalities by 2035, where connected vehicle ecosystems will play a central role.
- South Korea: Known for its world-leading 5G penetration, South Korea has integrated C-V2X into its smart road projects, particularly in Seoul and Busan. Strong government-industry collaboration ensures fast deployment of connected mobility, supported by the country’s advanced telecom infrastructure.
- India and Southeast Asia: Though still in early stages, India is exploring C-V2X in urban congestion management and EV fleet integration, while Singapore and Thailand are piloting smart road networks to align with their smart nation visions.
How is the C-V2X market segmented?
Communication Type Analysis
The C-V2X market includes various communication modes essential for connected mobility. Vehicle-to-Vehicle (V2V) enhances safety by allowing real-time data exchange to reduce collisions. Vehicle-to-Infrastructure (V2I) optimizes traffic signals for better road management, while Vehicle-to-Network (V2N) integrates with cloud and telecom systems for comprehensive data use. Vehicle-to-Pedestrian (V2P) increases safety for pedestrians through smartphone alerts, and Vehicle-to-Grid (V2G) supports renewable energy by enabling energy transfer between electric vehicles and power grids. Lastly, Vehicle-to-Device (V2D) links vehicles with IoT devices, broadening the digital ecosystem of mobility.
Offering Analysis
The C-V2X market consists of hardware, software, and services, with hardware, such as on-board units (OBUs) and roadside units (RSUs), currently leading. Software solutions enable secure connectivity for autonomous fleets, while services are increasingly important for automakers and telecom providers. This combination of robust hardware and flexible software is driving the commercialization of C-V2X solutions.
Vehicle Type Analysis
The vehicle segmentation indicates a varied adoption trajectory, with passenger vehicles dominating due to increased consumer demand for connected features and safety technologies. Commercial vehicles, including LCVs and HCVs, are integrating C-V2X for improved logistics and fleet management. Electric vehicles (EVs) offer growth potential through V2G technology, functioning as distributed energy storage. Autonomous vehicles pose the greatest disruption, necessitating reliable low-latency communications, thus serving as a key long-term driver for the C-V2X ecosystem.
Application Analysis
C-V2X applications enhance vehicle interactions in mobility networks, with traffic management as the primary use case, reducing congestion via smart signaling and real-time rerouting. They improve emergency response times through vehicle notifications, assist fleet management with logistics and maintenance, and support autonomous driving strategies. Additional applications include parking management, remote monitoring, collision avoidance, and infotainment, demonstrating C-V2X’s dual role in safety and convenience in contemporary mobility systems.
Technology Analysis
Current market dominance is held by LTE-V2X, essential for initial deployments. LTE-V (PC5) allows direct vehicle-to-vehicle and vehicle-to-infrastructure communication without network coverage, crucial for safety and collision avoidance. Meanwhile, LTE-V (Uu) utilizes cellular networks for broader connectivity and data integration. These technologies are foundational for the evolution toward 5G-V2X, which aims to provide ultra-low latency and high bandwidth necessary for fully autonomous driving.
End User Analysis
The C-V2X market involves various stakeholders crucial for its adoption. Automotive OEMs lead in integrating C-V2X modules into vehicles for mass deployment. Government and transportation authorities enhance adoption through funding, safety standards, and smart city initiatives. Fleet operators utilize C-V2X for cost reduction and safety improvements. Telecom providers, rapidly growing, develop the necessary 5G infrastructure, while infrastructure providers ensure alignment with global standards, forming a comprehensive ecosystem for mobility solutions.
How Are Companies Reshaping the Market?
The Cellular Vehicle-to-Everything (C-V2X) market is being reshaped by collaborations between automotive OEMs, telecom providers, and semiconductor innovators. Leading companies are pushing technological boundaries, building integrated ecosystems, and piloting large-scale deployments that accelerate adoption.
- Qualcomm Technologies Inc. has expanded its C-V2X chipset portfolio, delivering ultra-reliable modules that enable high-capacity V2V and V2I communication across next-generation vehicles.
- Huawei Technologies Co., Ltd. is spearheading smart road initiatives in Asia, embedding AI monitoring systems into C-V2X pilots for advanced traffic efficiency and safety.
- NXP Semiconductors N.V. maintains a leading position in secure V2X chipsets, critical for protecting vehicles against cybersecurity threats.
- Intel Corporation is leveraging its expertise in edge computing and AI to enhance real-time decision-making within autonomous fleets powered by C-V2X.
- Bosch and Continental AG are deploying integrated communication modules in both passenger and commercial fleets, focusing on collision avoidance and emergency assistance features.
- Nokia is enabling end-to-end network infrastructure for 5G-V2X, providing telecom-grade reliability for large-scale smart mobility deployments.
- Autotalks Ltd., a pioneer in V2X chipsets, continues to collaborate with OEMs on dual-mode (DSRC + C-V2X) solutions, ensuring interoperability across global markets.
- Savari Inc. is focusing on software-defined V2X platforms, delivering middleware and applications for traffic management and pedestrian safety.
- Quectel Wireless Solutions Co., Ltd. and Fibocom Wireless Inc. are strengthening the hardware ecosystem, producing modules that allow global automakers to scale connectivity seamlessly.
- Ericsson is driving 5G-V2X pilots across Europe and North America, collaborating with governments and telecom providers to enable network-based vehicle communication.
- Samsung Electronics is integrating C-V2X into autonomous vehicle testbeds in South Korea, leveraging its 5G expertise and hardware dominance.
- ZTE Corporation is advancing C-V2X trials in China, complementing Huawei in building smart road infrastructure.
- Hitachi Automotive Systems is focusing on V2X-enabled ADAS (advanced driver assistance systems), enhancing safety features for passenger and commercial vehicles.
- HARMAN International (a Samsung company) is embedding infotainment and telematics-driven C-V2X solutions, making connectivity a cornerstone of the in-car experience.
 market is projected to increase from USD 1.66 billion in 2025 to USD 21.91 billion by 2034.){kind=link}