Key Trends Shaping the Future Vehicle-To-Infrastructure (V2I) Communication Market From 2025-2034: Focus On Intelligent Speed Assist Solutions To Drive The Revenues

"What market dynamics are playing a key role in accelerating the growth of the vehicle-to-infrastructure (v2i) communication market?
Anticipating its rise due to higher rates of automobile theft, the vehicle-to-infrastructure (V2I) communication market is projected to experience significant growth. Unauthorized appropriation of motor vehicles without the awareness or consent of the owner is growing. Factors such as leaving keys in the ignition while unattended or parking in insufficiently illuminated areas contribute to these thefts. The application of V2I communication helps reduce auto theft by implementing real-time tracking, remote immobilization, increased security, and theft deterrence. Additionally, it can expedite the recovery of stolen vehicles. Reportedly, the Equite Association of Canada noted an increase in automobile theft from 70,082 to 70,475 in February 2024, marking a 7.1% rise from 2022 to 2023. Consequently, the global growth in auto theft is fueling the expansion of the V2I communication market.

Get Your Vehicle-To-Infrastructure (V2I) Communication Market Report Here:
https://www.thebusinessresearchcompany.com/report/vehicle-to-infrastructure-v2i-communication-global-market-report

How will the growth rate of the vehicle-to-infrastructure (v2i) communication market shape industry trends by 2034?
Recent years have seen the size of the vehicle-to-infrastructure (V2I) communication market rapidly expand. Predicted to move from a market value of $0.53 billion in 2024 to $0.71 billion in 2025, it demonstrates a compound annual growth rate (CAGR) of 34.4%. The significant growth witnessed in the historic period is a result of escalated investment in modernising infrastructure, the growing demand for improved road safety measures, increasing urbanisation and congestion challenges, government initiatives advancing smart transportation, and the surged adoption rates of connected and autonomous vehicles.

The market size for vehicle-to-infrastructure (V2I) communication is predicted to enjoy significant growth in the coming years, with estimations placing it at $2.31 billion in 2029, growing at a compound annual growth rate (CAGR) of 34.3%. The projected expansion during this period is linked to factors such as the rise in global motor vehicle theft, advancements in the automobile sector, heightened focus on cybersecurity pertaining to V2I communication, the emergence of mobility-as-a-service (MaaS) platforms, and the need for predictive maintenance solutions for V2I infrastructure. Key trends for the forecast period encompass the incorporation of artificial intelligence and machine learning into V2I systems, progress in 5G technology, the pivot towards green mobility alternatives, the fusion of V2I communication into smart city initiatives, and partnerships between automotive Original Equipment Manufacturers (OEMs) and technology providers.

Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15019&type=smp

What trends are poised to drive the future success of the vehicle-to-infrastructure (v2i) communication market?
Key players in the vehicle-to-infrastructure (V2I) communication market are rolling out innovative solutions like the Savari MECWAVE to boost and streamline communication between vehicles and infrastructures, thereby improving traffic management and safety measures. These Savari MECWAVE platforms introduce distributed computing abilities at the network's edge, ensuring swift processing for apps and services. They offer users faster reaction times, better performance, and improved security by bringing computational resources nearer to the final users or devices. MEC platforms are instrumental in launching latency-sensitive applications, such as augmented reality, autonomous vehicles, and IoT devices. For example, in February 2022, Harman International, an electronics firm based in the US, unveiled Savari MECWAVE, an innovative multi-access edge computing (MEC) software platform. The MECWAVE platform equips car manufacturers and mobile network operators with the means to roll out vehicle-to-everything (V2X) communications with minimal latency, thereby boosting safety and connectivity for drivers, passengers, and pedestrians. Further, it enhances V2X capabilities for non-V2X-capable vehicles and devices.

Which primary segments of the vehicle-to-infrastructure (v2i) communication market are driving growth and industry transformations?
The vehicle-to-infrastructure (V2I) communication market covered in this report is segmented -

1) By Component: Hardware, Software, Services
2) By Technology: Big Data Analytics, Smart Sensors
3) By Application: Dedicated Short Range Communication (DSRC), Cellular, Wi-Fi, WiMax, Bluetooth

Subsegments:
1) By Hardware: Onboard Units (Obus), Roadside Units (Rsus), Communication Modules, Sensors And Cameras
2) By Software: Communication Software, Data Analytics Software, Cloud Computing Software, Security Software
3) By Services: Installation And Maintenance Services, Consulting Services, Integration Services, Managed Services

Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15019

North America was the largest region in the vehicle-to-infrastructure (V2I) communication market in 2024. The regions covered in the vehicle-to-infrastructure (V2I) communication market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the influential players reshaping the vehicle-to-infrastructure (v2i) communication market landscape?
Major companies operating in the vehicle-to-infrastructure (V2I) communication market are Toyota Motor Corp., Hitachi Ltd., Bosch Mobility Solutions, Cisco Systems Inc., DENSO Corporation, Qualcomm Technologies Inc., Continental AG, Magna International Inc., Nokia Corporation, Telefonaktiebolaget LM Ericsson, Aptiv PLC, NXP Semiconductors, AECOM Technology Corporation, WSP Global, Visteon Corporation, TransCore LP, HNTB Corporation, SWARCO AG, Kapsch TrafficCom, Iteris Inc., Mitsubishi Electric Corporation, Econolite Group Inc., Autotalks Ltd., Commsignia Ltd., Cohda Wireless

Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=15019&type=smp

What Is Covered In The Vehicle-To-Infrastructure (V2I) Communication Global Market Report?

•Market Size Forecast: Examine the vehicle-to-infrastructure (v2i) communication market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the vehicle-to-infrastructure (v2i) communication market for a structured understanding.
•Key Players Overview: Analyze major players in the vehicle-to-infrastructure (v2i) communication market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the vehicle-to-infrastructure (v2i) communication market.
•Segment Contributions: Evaluate how different segments drive overall growth in the vehicle-to-infrastructure (v2i) communication market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the vehicle-to-infrastructure (v2i) communication market.
•Industry Challenges: Identify potential risks and obstacles affecting the vehicle-to-infrastructure (v2i) communication market.
•Competitive Landscape: Review strategic developments in the vehicle-to-infrastructure (v2i) communication market, including expansions, agreements, and new product launches.

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.