Press release
The Vehicle To Infrastructure Communication Market to witness ecstatic elevation in the next 10 years
Continuously increasing volume of data to be analyzed in advanced ways is expected to increase the need for more telematics service providers in the foreseeable future. The global vehicle-to-infrastructure communication market, valued at US$ 900 Mn in 2018, will expand at a stupendous CAGR between 2019 and 2029.Consumers with high disposable income are adopting intelligent vehicles. With advancements in vehicle-to-everything (V2E) technology, automation systems are capable of generating more data. Predictive analysis can be facilitated in the automotive industry with incorporation of automated real-time telematics. Also, implementation of Intelligent Transport System (ITS) technology is boosting telematics growth.
However, lack of infrastructural development in yet to develop economies and high expenditures required for replacing the existing infrastructure with its smarter variants are key factors restricting the growth of the global vehicle-to-infrastructure communication market.
Order the sample copy of report:https://www.persistencemarketresearch.com/samples/24016
Key Takeaways – V2I Communication Market Study
Driverless or autonomous vehicles are estimated to create lucrative opportunities for players in global vehicle-to-everything (V2E) space.
While the U.K. is soon to be the hub for vehicle-to-infrastructure communication, driven by auto giants’ efforts, industry behemoths such as Ford, Jaguar, Land Rover, and Arup Group are investing to develop and improve driverless car technologies.
Importance of remote vehicle diagnostics has been slowly increasing and it identifies mechanical or electrical problems in vehicles. Identified problems are then automatically transmitted to manufacturer service organizations.
Previously, dealers of OEMs used to take care of customer relationship management. They have implemented connected customer relationship services, because of which they are able to connect directly with customers.
Customers are opting for ecologically sustainable products such as smart electric automobiles. With evolution in consumer sentiments and the subsequent transformations in technology, automakers are zooming in their focus on customization and aestheticism. This will motivate manufacturers to expand their portfolio and deploy target consumer-specific solutions from the V2I communication space.
For comprehensive insights on keyword adoption, ask an analyst here@https://www.persistencemarketresearch.com/ask-an-expert/24016
Who Are Spearheading the Game of Technological Innovation?
Key participants in the global vehicle-to-infrastructure communication market are Qualcomm Technologies, Inc.; Intel Corporation; NXP Semiconductors; Broadcom; AT&T, Inc.; Verizon; MediaTek Inc.; Delphi Technologies; Infineon Technologies AG; Savari, Inc.; Quectel Wireless Solutions Co., Ltd.; Unex Technology Corp.; 3M; and Telefonaktiebolaget LM Ericsson, among others.
These market participants captured 60% of the global vehicle-to-infrastructure communication market in 2018. Companies are focusing on R&D of new technologies to integrate into their vehicular connectivity solutions, in order to ascertain their leadership in the vehicle-to-infrastructure communication market during the forecast period.
Earlier in 2019, Qualcomm launched the third generation Snapdragon Automotive Cockpit platform. This is a multi-tiered platform aimed at getting the company’s technology integrated in all vehicle classes.
For In-Depth Competitive Analysis, Buy Now @https://www.persistencemarketresearch.com/checkout/24016
Know More About What the Report Covers
PMR offers an unbiased analysis and forecast of the global vehicle-to-infrastructure communication market, analyzing historical demand from 2014-2018 and offering forecast statistics for the period 2019-2029. The research unravels growth projections of the vehicle-to-infrastructure communication market on the basis of technology (DSRC, cellular, Wi-Fi, WiMAX, and Bluetooth), and component (hardware, software, and services), across seven major regional markets. The vehicle-to-infrastructure communication hardware sub-segment is further segregated into telematics unit, roadside unit, and on-board unit.
Read More Trending "PMR Exclusive Article"-
https://www.persistencemarketresearch.com/market-research/cinema-point-of-sale-solutions-market.asp
https://www.persistencemarketresearch.com/market-research/public-safety-lte-and-mobile-broadband-market.asp
https://www.persistencemarketresearch.com/market-research/cellular-iot-market.asp
305 Broadway, 7th Floor
New York City, NY 10007 United States
Ph.no. +1-646-568-7751
E-mail id- sales@persistencemarketresearch.com
Website: https://www.persistencemarketresearch.com
Persistence Market Research is always way ahead of its time. In other words, it tables market solutions by stepping into the companies’/clients’ shoes much before they themselves have a sneak pick into the market. The pro-active approach followed by experts at Persistence Market Research helps companies/clients lay their hands on techno-commercial insights beforehand, so that the subsequent course of action could be simplified on their part.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release The Vehicle To Infrastructure Communication Market to witness ecstatic elevation in the next 10 years here
News-ID: 2423249 • Views: …
More Releases from Persistence Market Research

North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market
The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and…

Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts.
Forged automotive components are critical to…

Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the…

Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring…
More Releases for Communication
Communication Officer
Petromindo announced that is has launched its latest product called Indonesian Hydrogen Report which dissects hydrogen future in Indonesia, its latest status, project plan, and future hydrogen facility. The report elaborates the current hydrogen production and supply in Indonesia as well explaining the producers of hydrogen. The report also describes the plans that has been laid and announced to produce green hydrogen and also map out the sweet spots for…
Global Oilfield Communications Market Derived by Communication Network - VSAT Co …
“The increasing investments and enhancing network infrastructure, rising technological advancements for communication across oilfields, and increasing demand from oil and gas operators to scale the production of mature oilfields, are expected to act as growth drivers for the oilfield communications market.”
The global oilfield communications market size grew from USD 3.4 billion in 2020 to USD 4.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 5.5% during the…
CRISIS COMMUNICATION – COMMUNICATION IN CRISES
FIT EUROPE CONFERENCE TRANSLATION AND INTERPRETING IN CRISIS SETTINGS
Friday, 21 June 2019, in the Kosmas Psychopaidis Auditorium, National Centre for Public Administration and Local Government (EKKDA), 211 Pireos Street, Tavros, Athens 177 78
The event is an EU/DGT Translating Europe Workshop organised in partnership with FIT Europe and is being held with the support of…
Next Generation Communication Technologies Market Report 2018: Segmentation by W …
Global Next Generation Communication Technologies market research report provides company profile for Nokia, Qualcomm, Ericsson, NTT DoCoMo, AT&T, Verizon, SK TelecomG and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides…
Global Military Communications Market Report forecast to 2025 by Applications - …
Military Communications Market Status and Forecast 2025
This Write up presents in detail analysis of Military Communications Market especially market drivers, challenges, vital trends, standardization, deployment models, opportunities, future roadmap, manufacturer’s case studies, value chain, organization profiles, Sales Price and Sales Revenue, Sales Market Comparison and strategies.
The Military Communications market Report provides a detailed analysis of the Military Communications industry. It provides an analysis of the past 5 years and a future forecast till the year…
Global B2B Telecommunication Market Size, Status and Forecast 2022 : VoIP Commun …
This report studies the global B2B Telecommunication market, analyzes and researches the B2B Telecommunication development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like
China Mobile Limited
Telstra Corporation Limited
Verizon Communications
Telefonica SA
Deutsche Telekom AG
Sprint Corporation (Soft Bank Group Corporation)
AT&T
Vodafone Group PLC
NTT Communications Corporation
Orange SA
Market segment by Regions/Countries, this report covers
United States
EU
Japan
China
India
Southeast Asia
Market segment by Type, B2B Telecommunication…