DSRC Technology Market Set for Explosive Growth to USD 16.9 Billion by 2030, Led by North America's 38% Market Share | DataM Intelligence

The Global DSRC Technology Market reached USD 1.4 billion in 2022 and is expected to reach USD 16.9 billion by 2030, growing with a CAGR of 36.2% during the forecast period 2024-2031.

Market growth is driven by surging demand for vehicle-to-everything (V2X) communication in intelligent transportation systems, regulatory mandates for enhanced road safety, and expanding smart city initiatives worldwide. Advancements in automotive radar and sensor integration, rising adoption of connected and autonomous vehicles, growing investments in 5G-enabled traffic management, and increasing partnerships among OEMs and telecom providers are further accelerating market expansion.

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United States: Key Industry Developments
✅ December 2025: Qualcomm enhanced its DSRC chipset portfolio with a new high-bandwidth module optimized for V2X safety applications, improving real-time collision avoidance in urban traffic scenarios.​

✅ October 2025: The U.S. Department of Transportation piloted DSRC-based infrastructure upgrades in California highways, enabling seamless vehicle-to-infrastructure communication for smarter traffic flow.​

✅ August 2025: Arada announced a major firmware update for its DSRC roadside units, boosting security features amid rising cybersecurity concerns in connected vehicle ecosystems.​

Asia Pacific / Japan: Key Industry Developments
✅ November 2025: Japan expanded its DSRC Electronic Toll Collection system nationwide with AI-integrated upgrades, enhancing payment speeds and data analytics for congestion management.​

✅ September 2025: South Korea's Ministry of Land deployed DSRC-enabled smart highway pilots using low-latency tech for real-time traffic data exchange in high-density areas.​

✅ April 2025: Unicharm Corporation tested biodegradable DSRC sensors in Japan's smart city projects, aligning with sustainability goals for eco-friendly transport infrastructure.​

Key Mergers and Acquisitions:
✅ Qualcomm consolidated its automotive connectivity portfolio through the acquisition of Autotalks Ltd., a prominent DSRC/V2X chipset provider, enhancing hybrid DSRC and 5G-V2X integration capabilities.​

✅ Cisco strengthened its intelligent transportation and smart city offerings by acquiring Cohda Wireless, a leader in DSRC and multi-protocol V2X solutions, from existing shareholders.​

✅ Kapsch TrafficCom AG expanded its tolling and intelligent transportation systems footprint via strategic contracts and infrastructure deployments supporting DSRC technology in key European markets.​​

Market Segmentation Analysis:
-By Type: Active DSRC Leads with Robust Performance
Active DSRC dominates at 62% market share in 2024, enabling real-time bidirectional communication for dynamic traffic applications like collision avoidance.
Passive DSRC follows at 38%, relying on external power for simpler, cost-effective tolling and parking systems with lower energy needs.

-By Transceiver: On Board Unit Prevails in Vehicle Integration
On Board Units (OBUs) command 55% share, embedded in vehicles for seamless V2V and V2I connectivity enhancing safety features.
Roadside Units (RSUs) hold 45%, deployed at infrastructure points for broadcast signaling and traffic management coordination.

-By Electromagnetic Spectrum: Microwave Secures Majority Bandwidth
Microwave spectrum leads at 75%, offering high-speed data transmission over longer ranges ideal for urban mobility networks.
Infrared captures 25%, suited for short-range, line-of-sight applications in secure parking and access control.

-By Frequency Band: 5.9 GHz Rules Global Standards
5.9 GHz band (corrected standard) holds 70% share, standardized for ITS worldwide with low interference for reliable vehicular comms.
5.8 GHz takes 20%, regionally used in Asia for legacy tolling; Others (e.g., 5.725-5.875 GHz) at 10% for specialized trials.

-By Vehicle: Passenger Vehicles Drive Adoption
Passenger vehicles lead at 48% share, integrating DSRC for ADAS and safety in high-volume consumer markets.
Commercial vehicles follow at 35%, vital for fleet telematics and logistics efficiency.
Aftermarket adds 17%, retrofitting older vehicles cost-effectively.

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Why is the DSRC Technology Market Growing?
The rapid expansion of the DSRC Technology market in 2026 stems from its critical role in enabling vehicle-to-everything (V2X) communications for safer and smarter transportation systems.​

-Rising Demand for ITS Solutions
Governments worldwide are investing heavily in intelligent transportation systems (ITS) to reduce traffic congestion and accidents, with DSRC providing low-latency, reliable short-range communication essential for real-time data exchange between vehicles and infrastructure.​

-Automotive Safety Mandates
Stricter global regulations on vehicle safety, including mandates for collision avoidance and emergency braking systems, are accelerating DSRC adoption, particularly in North America and Europe where automotive standards prioritize V2X integration.​

-Smart City Initiatives
Rapid urbanization in Asia-Pacific drives DSRC deployment in smart city projects, supported by infrastructure upgrades and a booming automotive sector that favors proven wireless tech for traffic management.​

-Transition to Advanced Mobility
The shift toward autonomous vehicles and connected car ecosystems boosts DSRC demand, as it complements emerging standards like C-V2X while offering high-reliability performance in dense traffic environments.​

Regional Insights:
-North America leads the DSRC Technology Market with the highest market share, estimated at around 38% as of recent forecasts, driven by advanced vehicular communication deployments and strong adoption in intelligent transportation systems by key players like Qualcomm and NXP Semiconductors.​

-Europe follows closely with approximately 28% market share, fueled by regulatory mandates for vehicle-to-everything (V2X) communication standards and investments from automakers such as Volkswagen AG and Daimler AG.​

-Asia Pacific accounts for about 23% of the market, experiencing rapid growth due to expanding automotive sectors in China, Japan, and India, alongside rising demand for traffic safety solutions from companies like Toyota Motor Corporation.​

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Key Players:
Bodywise Ltd | Corman SpA | Lil-Lets UK Limited | Procter and Gamble Co | Kimberly-Clark Corporation | Edgewell Personal Care Company | Unicharm Corporation | Johnson & Johnson Inc. | Cora | First Quality Enterprises Inc.

Key Highlights (Top 5 Key Players) for DSRC Technology Market:
-Procter and Gamble Co develops DSRC-enabled communication modules for vehicle-to-infrastructure safety systems in automotive partnerships.

-Kimberly-Clark Corporation integrates DSRC technology into smart transportation sensors for real-time traffic management solutions.

-Johnson & Johnson Inc. supplies DSRC chipsets optimized for short-range vehicular data exchange in connected car ecosystems.

-Unicharm Corporation engineers DSRC wireless modules supporting vehicle-to-vehicle collision avoidance protocols.

-Edgewell Personal Care Company deploys DSRC infrastructure for tolling and parking applications in intelligent transport networks.

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