Press release
Automotive Vehicle-to-Everything (V2X) Market Is Expected To Witness Significant Growth Owing To High Demand For Automobile Safety Features Till 2025: Grand View Research, Inc.
There are numerous benefits for implementation of V2X communication systems, however they are surrounded by challenges. The main challenge for automotive V2X market to grow is significantly is the need for robust legal framework. Another important challenge is built a secure system which ensures privacy, authenticity and security for all types of V2X communication.
Browse full research report on Global Automotive Vehicle-to-Everything Market: (http://www.grandviewresearch.com/industry-analysis/automotive-vehicle-to-everything-v2x-market?utm_source=referral&utm_medium=pressrelease&utm_campaign=Snehali_March)
Further key findings from the report suggest:
• Increasing concerns towards environment and growing electric vehicles market will provide wide growth opportunities for V2H, V2G and V2I communication type market
• With the automotive industry moving towards connected cars and autonomous driving, there will arise concerns about how is data security, anonymity and privacy maintained.
• Synchronized real-time data will be a key factor in determining the growth for the automotive V2X market.
• The automotive V2X market is anticipated to grow at a CAGR of over 25.4% from 2016 to 2024.
• Major players of the automotive V2X market are Continental AG, Qualcomm Inc., Robert Bosch GmbH, NXP Semiconductors N.V., Tomtom N.V., Cisco Systems Inc., and Infineon Technologies AG, among others.
• The automotive industry has numerous technology giants who are investing heavily in the automotive V2X market in order to gain the first movers advantage.
Grand View Research has segmented the market on the basis of communication type, connectivity type, vehicle type, and region:
Automotive V2X Communication Type Outlook (Revenue, USD Million; 2014 - 2025)
• Vehicle-To-Vehicle (V2V)
• Vehicle-To-Infrastructure (V2I)
• Vehicle-To-Pedestrian (V2P)
• Vehicle-To-Home (V2H)
• Vehicle-To-Grid (V2G)
• Vehicle-To-Network (V2N)
Automotive V2X Connectivity Type outlook (Revenue, USD Million; 2014 - 2025)
• DSRC
• Cellular Connectivity & Others
Automotive V2X Vehicle Type outlook (Revenue, USD Million; 2014 - 2025)
• Passenger Cars
• Commercial vehicles
Automotive V2X Regional outlook (Revenue, USD Million; 2014 - 2025)
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
• Asia Pacific
o China
o Japan
• South America
o Brazil
For more information: www.grandviewresearch.com
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Press Contact
Sherry James - Corporate Relations Specialist
28 2nd Street, Suite 3036
San Francisco, CA 94105
United States
Phone: 1-415-349-0058
Email: sales@grandviewresearch.com
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