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Key Strategic Developments and Emerging Changes Shaping the 5G in Automotive and Smart Transportation Market Environment

02-09-2026 05:10 AM CET | Logistics & Transport

Press release from: The Business Research Company

5G In Automotive And Smart Transportation Market

5G In Automotive And Smart Transportation Market

The integration of 5G technology within the automotive and smart transportation sectors is set to revolutionize how vehicles and infrastructure communicate and operate. As these industries embrace advanced connectivity, the market for 5G in automotive and smart transportation is anticipated to experience remarkable growth. Let's explore the market's size, key players, driving trends, and the segments contributing to its expansion through 2029.

Market Size and Expected Growth Trajectory in 5G Automotive and Smart Transportation
The market for 5G in automotive and smart transportation is projected to expand significantly, reaching a value of $9.58 billion by 2030. This represents a robust compound annual growth rate (CAGR) of 25.5%. Several factors contribute to this rapid development, such as the acceleration of autonomous vehicle technologies, ongoing expansion of 5G infrastructure, increasing demand for real-time traffic intelligence, growth in connected logistics, and rising investments in smart transportation solutions. Key trends anticipated during this period include widespread deployment of vehicle-to-everything (V2X) connectivity, enhanced smart traffic management systems, incorporation of 5G technology into autonomous driving, expansion of connected fleet management solutions, and a growing need for low-latency, high-performance automotive networks.

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Leading Corporations Influencing the 5G in Automotive and Smart Transportation Market
This market is shaped by numerous influential companies, including Volkswagen AG, Samsung Electronics Co. Ltd., Ford Motor Company, General Motors Corporation, BMW Group, Mercedes-Benz Group AG, Verizon Communications Inc., Hyundai Motor Company, Deutsche Telekom AG, Huawei Technologies Co. Ltd., Nissan Motor Co. Ltd., LG Electronics India Limited, Aktiebolaget Volvo, DENSO CORPORATION, Continental AG, Qualcomm Incorporated, Telefonaktiebolaget LM Ericsson, Nokia Corporation, Autotalks Ltd., Commsignia Ltd., and Cohda Wireless Pty Ltd.
A notable development occurred in June 2025 when Qualcomm Inc., a US-based tech leader, acquired Autotalks Ltd., a semiconductor firm based in Israel specializing in 5G automotive technologies. This acquisition aims to accelerate the rollout of advanced vehicle-to-everything (V2X) solutions worldwide, enhancing road safety, boosting automated driving capabilities, and optimizing traffic flow.

Emerging Trends Highlighting Growth Opportunities in the 5G Automotive Sector
Industry players are focusing on developing sophisticated systems, particularly vehicle-to-everything (V2X) platforms, which enable seamless, real-time communication between vehicles, infrastructure, pedestrians, and networks. These platforms are designed to enhance road safety, improve traffic management, and support autonomous driving technology by facilitating instant data exchange.
For example, Verizon Communications Inc., a US telecommunications company, launched an edge transportation exchange in June 2025. This cutting-edge 5G-enabled system allows real-time vehicle data sharing with ultra-low latency, high throughput, and support for massive device connections. The platform significantly improves traffic efficiency and road safety by enabling smarter vehicle communication and precise traffic control.

View the full 5g in automotive and smart transportation market report:
https://www.thebusinessresearchcompany.com/report/5g-in-automotive-and-smart-transportation-global-market-report

Market Segmentation and Dominant Share Analysis of 5G in Automotive and Smart Transportation
The 5G in automotive and smart transportation market is categorized based on several criteria:
1) Component: Hardware, Software, Services
2) Vehicle Type: Passenger Cars, Commercial Vehicles
3) Deployment Model: On-Premises, Cloud
4) Application: Vehicle-To-Everything (V2X), Telematics, Infotainment, Fleet Management, Other Applications
5) End User: Automotive, Defense, Transportation Infrastructure, Warehousing and Logistics, Public Safety, Other End Users
Further subsegments include:
- Hardware: Roadside units, communication modules, sensors, and cameras
- Software: Traffic management software, V2X platforms, autonomous driving software
- Services: Network deployment and maintenance, consulting and system integration, data analytics and cloud services

This comprehensive segmentation highlights how various components and applications contribute to the overall expansion and adoption of 5G in the automotive and smart transportation market.

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With over 17500+ 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.

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