Emerging Trends to Reshape the Vehicle-To-Infrastructure (V2I) Communication Market: Advancements In 5G And Multi-Access Edge Computing For V2I Communication as a Key Influencer

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Vehicle-To-Infrastructure (V2I) Communication Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of vehicle-to-infrastructure (V2I) communication has experienced substantial growth in the recent past. The market value will exhibit an impressive leap from $0.53 billion in 2024 to $0.71 billion in 2025, marking a compound annual growth rate (CAGR) of 34.4%. Factors driving this growth during the historic period encompass surging investments in upgrading infrastructure, growing needs for superior road safety measures, increased urbanization and issues relating to congestion, government policies encouraging the use of intelligent transportation, and a rise in the uptake of connected and autonomous vehicles.

Vehicle-To-Infrastructure (V2I) Communication Market Size Forecast: What's the Projected Valuation by 2029?
The anticipated expansion in the vehicle-to-infrastructure (V2I) communication market is expected to be phenomenal in the upcoming years, with a prediction to reach $2.31 billion in 2029, growing at a compound annual growth rate (CAGR) of 34.3%. The surge in growth during this period can be accredited to factors such as a global escalation in car thefts, advancements in the car industry, heightened focus on cybersecurity for V2I communication, the emergence of mobility-as-a-service (MaaS) platforms, and the increasing demand for predictive maintenance solutions for V2I infrastructure. Upcoming trends in the forecast period encompass the incorporation of artificial intelligence and machine learning in V2I systems, developments in 5G technology, a move towards eco-friendly mobility solutions, the integration of V2I communication in smart city initiatives, and cooperations between car manufacturers and technology firms.

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What Are the Drivers Transforming the Vehicle-To-Infrastructure (V2I) Communication Market?
The rising number of car thefts is predicted to fuel the expansion of the vehicle-to-infrastructure (V2I) communication market. Car thefts refer to the unlawful seizing or stealing of vehicles without the permission or awareness of the owner. The uptick in car thefts can be attributed to opportunistic circumstances, such as leaving the car unattended with the keys in the ignition or parking in dark areas. The use of V2I communication can help minimize car thefts by enabling features such as real-time tracking, remote immobilization, augmented security measures, theft deterrence, and aiding in the swift retrieval of stolen cars. For example, a report by the Canada-based Equite Association in February 2024 stated how car theft in Canada saw an increment from 70,082 to 70,475, marking a 7.1% rise from 2022 to 2023. Thus, the global surge in car theft is spurring the growth of the V2I communication market.

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What Long-Term Trends Will Define the Future of the Vehicle-To-Infrastructure (V2I) Communication Market?
Big players in the vehicle-to-infrastructure (V2I) communication market are developing cutting-edge solutions like Savari MECWAVE to refine vehicle-to-infrastructure communication for superior traffic control and safety levels. Savari MECWAVE's systems bring distributed computing functionalities to the network periphery to allow low-latency processing for various applications and services. This move provides users with faster response times and heightened security by placing computing resources closer to the end-user or the devices. MEC platforms also assist in the deployment of latency-sensitive applications like augmented reality, self-driving vehicles, and IoT devices. For example, Harman International, an electronics company from US, introduced Savari MECWAVE, a ground-breaking multi-access edge computing (MEC) software platform, in February 2022. MECWAVE is a platform that empowers automakers and mobile network providers to efficiently deploy vehicle-to-everything (V2X) communication ensuring ultra-low latency, thus increasing safety and connectivity for all road users, drivers, passengers and pedestrians. It also broadens V2X capabilities to vehicles and devices that are not V2X-capable.

Which Segments in the Vehicle-To-Infrastructure (V2I) Communication Market Offer the Most Profit Potential?
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

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Which Firms Dominate the Vehicle-To-Infrastructure (V2I) Communication Market by Market Share and Revenue in 2025?
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

Which Regions Offer the Highest Growth Potential in the Vehicle-To-Infrastructure (V2I) Communication Market?
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.

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