Report Detail
Global 5G V2X Communications Supply, Demand and Key Producers, 2026-2032
- RnM4665915 |
- 19 January, 2026 |
- Global |
- 111 Pages |
- GIR |
- Service & Software
The global 5G V2X Communications market size is expected to reach $ 10670 million by 2032, rising at a market growth of 65.1% CAGR during the forecast period (2026-2032).
5G V2X (Vehicle-to-Everything) communications refer to the advanced communication technology that utilizes the fifth generation of wireless networks to facilitate interactions between vehicles and various entities within their environment.
V2X is an umbrella term encompassing several types of communications:
Vehicle-to-Vehicle (V2V): Direct communication between vehicles to share information such as speed, location, and heading. This can improve safety by enabling collision avoidance systems.
Vehicle-to-Infrastructure (V2I): Communication between vehicles and road infrastructure, like traffic lights, road signs, and traffic management systems. This can optimize traffic flow and reduce congestion.
Vehicle-to-Pedestrian (V2P): Communication between vehicles and pedestrians or cyclists. This helps in enhancing the safety of vulnerable road users through alerts and warnings.
Vehicle-to-Network (V2N): Communication between vehicles and the broader cellular network. This includes interactions with cloud services for navigation, infotainment, and other internet-based services.
Vehicle-to-Device (V2D): Communication between vehicles and various devices, which could include smartphones, wearables, and other gadgets carried by pedestrians or cyclists.
The global 5G V2X (Vehicle-to-Everything) communications market is entering a transformative phase, underpinned by the convergence of next-generation wireless technologies and intelligent transportation systems. As automakers and smart city planners prioritize vehicle safety, traffic efficiency, and autonomous mobility, 5G V2X has emerged as a foundational technology enabling ultra-reliable, low-latency communications between vehicles and surrounding infrastructure. The market is currently led by key players such as Quectel, Harman International, and CICTCI, which together account for approximately 44% of the global market share. Quectel, in particular, holds the leading position with over 19% share, driven by its robust module portfolio and partnerships with global OEMs and Tier 1 suppliers.
From a product standpoint, hardware components—including communication modules, onboard units (OBUs), and roadside units (RSUs)—constitute the largest segment, contributing to over 64% of total market value. The complex demands of 5G V2X applications require hardware solutions that meet stringent requirements for latency, speed, and environmental durability. With the maturation of chipsets and edge computing, hardware providers are increasingly focusing on integration and interoperability to facilitate scalable deployment across vehicle platforms and road networks. While software and cloud platforms are critical enablers of V2X ecosystems, their market value remains secondary at this stage due to ongoing standardization efforts.
In terms of application, Intelligent Driving represents the dominant downstream use case, accounting for approximately 71% of global demand. This reflects the pivotal role of 5G V2X in enabling real-time situational awareness, cooperative collision avoidance, and advanced driver-assistance systems (ADAS). As OEMs accelerate the rollout of Level 3 and Level 4 autonomous driving capabilities, V2X will increasingly serve as a critical complement to onboard sensors such as LiDAR and radar.
Looking ahead, market expansion will be driven by improvements in network infrastructure, cross-industry standards development, and broader policy support for connected vehicle ecosystems. However, challenges around cybersecurity, data privacy, and regional regulatory harmonization remain key considerations for long-term scalability.
This report studies the global 5G V2X Communications demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for 5G V2X Communications, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of 5G V2X Communications that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global 5G V2X Communications total market, 2021-2032, (USD Million)
Global 5G V2X Communications total market by region & country, CAGR, 2021-2032, (USD Million)
U.S. VS China: 5G V2X Communications total market, key domestic companies, and share, (USD Million)
Global 5G V2X Communications revenue by player, revenue and market share 2021-2026, (USD Million)
Global 5G V2X Communications total market by Type, CAGR, 2021-2032, (USD Million)
Global 5G V2X Communications total market by Application, CAGR, 2021-2032, (USD Million)
This report profiles major players in the global 5G V2X Communications market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Quectel, Harman International, CICTCI, LG Innotek, ZTE, SimCOM, Commsignia, Cohda Wireless, Neoway Technology, Huawei, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the world 5G V2X Communications market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global 5G V2X Communications Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global 5G V2X Communications Market, Segmentation by Type:
Hardware
Software
Global 5G V2X Communications Market, Segmentation by Application:
Intelligent Driving
Intelligent Transportation
Communications and Entertainment
Companies Profiled:
Quectel
Harman International
CICTCI
LG Innotek
ZTE
SimCOM
Commsignia
Cohda Wireless
Neoway Technology
Huawei
Askey
Robert Bosch
Key Questions Answered
1. How big is the global 5G V2X Communications market?
2. What is the demand of the global 5G V2X Communications market?
3. What is the year over year growth of the global 5G V2X Communications market?
4. What is the total value of the global 5G V2X Communications market?
5. Who are the Major Players in the global 5G V2X Communications market?
6. What are the growth factors driving the market demand?
1 Supply Summary
- 1.1 5G V2X Communications Introduction
- 1.2 World 5G V2X Communications Market Size & Forecast (2021 & 2025 & 2032)
- 1.3 World 5G V2X Communications Total Market by Region (by Headquarter Location)
- 1.3.1 World 5G V2X Communications Market Size by Region (2021-2032), (by Headquarter Location)
- 1.3.2 United States Based Company 5G V2X Communications Revenue (2021-2032)
- 1.3.3 China Based Company 5G V2X Communications Revenue (2021-2032)
- 1.3.4 Europe Based Company 5G V2X Communications Revenue (2021-2032)
- 1.3.5 Japan Based Company 5G V2X Communications Revenue (2021-2032)
- 1.3.6 South Korea Based Company 5G V2X Communications Revenue (2021-2032)
- 1.3.7 ASEAN Based Company 5G V2X Communications Revenue (2021-2032)
- 1.3.8 India Based Company 5G V2X Communications Revenue (2021-2032)
- 1.4 Market Drivers, Restraints and Trends
- 1.4.1 5G V2X Communications Market Drivers
- 1.4.2 Factors Affecting Demand
- 1.4.3 Major Market Trends
2 Demand Summary
- 2.1 World 5G V2X Communications Consumption Value (2021-2032)
- 2.2 World 5G V2X Communications Consumption Value by Region
- 2.2.1 World 5G V2X Communications Consumption Value by Region (2021-2026)
- 2.2.2 World 5G V2X Communications Consumption Value Forecast by Region (2027-2032)
- 2.3 United States 5G V2X Communications Consumption Value (2021-2032)
- 2.4 China 5G V2X Communications Consumption Value (2021-2032)
- 2.5 Europe 5G V2X Communications Consumption Value (2021-2032)
- 2.6 Japan 5G V2X Communications Consumption Value (2021-2032)
- 2.7 South Korea 5G V2X Communications Consumption Value (2021-2032)
- 2.8 ASEAN 5G V2X Communications Consumption Value (2021-2032)
- 2.9 India 5G V2X Communications Consumption Value (2021-2032)
3 World 5G V2X Communications Companies Competitive Analysis
- 3.1 World 5G V2X Communications Revenue by Player (2021-2026)
- 3.2 Industry Rank and Concentration Rate (CR)
- 3.2.1 Global 5G V2X Communications Industry Rank of Major Players
- 3.2.2 Global Concentration Ratios (CR4) for 5G V2X Communications in 2025
- 3.2.3 Global Concentration Ratios (CR8) for 5G V2X Communications in 2025
- 3.3 5G V2X Communications Company Evaluation Quadrant
- 3.4 5G V2X Communications Market: Overall Company Footprint Analysis
- 3.4.1 5G V2X Communications Market: Region Footprint
- 3.4.2 5G V2X Communications Market: Company Product Type Footprint
- 3.4.3 5G V2X Communications Market: Company Product Application Footprint
- 3.5 Competitive Environment
- 3.5.1 Historical Structure of the Industry
- 3.5.2 Barriers of Market Entry
- 3.5.3 Factors of Competition
- 3.6 Mergers & Acquisitions Activity
4 United States VS China VS Rest of World (by Headquarter Location)
- 4.1 United States VS China: 5G V2X Communications Revenue Comparison (by Headquarter Location)
- 4.1.1 United States VS China: 5G V2X Communications Revenue Comparison (2021 & 2025 & 2032) (by Headquarter Location)
- 4.1.2 United States VS China: 5G V2X Communications Revenue Market Share Comparison (2021 & 2025 & 2032)
- 4.2 United States Based Companies VS China Based Companies: 5G V2X Communications Consumption Value Comparison
- 4.2.1 United States VS China: 5G V2X Communications Consumption Value Comparison (2021 & 2025 & 2032)
- 4.2.2 United States VS China: 5G V2X Communications Consumption Value Market Share Comparison (2021 & 2025 & 2032)
- 4.3 United States Based 5G V2X Communications Companies and Market Share, 2021-2026
- 4.3.1 United States Based 5G V2X Communications Companies, Headquarters (States, Country)
- 4.3.2 United States Based Companies 5G V2X Communications Revenue, (2021-2026)
- 4.4 China Based Companies 5G V2X Communications Revenue and Market Share, 2021-2026
- 4.4.1 China Based 5G V2X Communications Companies, Company Headquarters (Province, Country)
- 4.4.2 China Based Companies 5G V2X Communications Revenue, (2021-2026)
- 4.5 Rest of World Based 5G V2X Communications Companies and Market Share, 2021-2026
- 4.5.1 Rest of World Based 5G V2X Communications Companies, Headquarters (Province, Country)
- 4.5.2 Rest of World Based Companies 5G V2X Communications Revenue (2021-2026)
5 Market Analysis by Type
- 5.1 World 5G V2X Communications Market Size Overview by Type: 2021 VS 2025 VS 2032
- 5.2 Segment Introduction by Type
- 5.2.1 Hardware
- 5.2.2 Software
- 5.3 Market Segment by Type
- 5.3.1 World 5G V2X Communications Market Size by Type (2021-2026)
- 5.3.2 World 5G V2X Communications Market Size by Type (2027-2032)
- 5.3.3 World 5G V2X Communications Market Size Market Share by Type (2027-2032)
6 Market Analysis by Application
- 6.1 World 5G V2X Communications Market Size Overview by Application: 2021 VS 2025 VS 2032
- 6.2 Segment Introduction by Application
- 6.2.1 Intelligent Driving
- 6.2.2 Intelligent Transportation
- 6.2.3 Communications and Entertainment
- 6.3 Market Segment by Application
- 6.3.1 World 5G V2X Communications Market Size by Application (2021-2026)
- 6.3.2 World 5G V2X Communications Market Size by Application (2027-2032)
- 6.3.3 World 5G V2X Communications Market Size Market Share by Application (2021-2032)
7 Company Profiles
- 7.1 Quectel
- 7.1.1 Quectel Details
- 7.1.2 Quectel Major Business
- 7.1.3 Quectel 5G V2X Communications Product and Services
- 7.1.4 Quectel 5G V2X Communications Revenue, Gross Margin and Market Share (2021-2026)
- 7.1.5 Quectel Recent Developments/Updates
- 7.1.6 Quectel Competitive Strengths & Weaknesses
- 7.2 Harman International
- 7.2.1 Harman International Details
- 7.2.2 Harman International Major Business
- 7.2.3 Harman International 5G V2X Communications Product and Services
- 7.2.4 Harman International 5G V2X Communications Revenue, Gross Margin and Market Share (2021-2026)
- 7.2.5 Harman International Recent Developments/Updates
- 7.2.6 Harman International Competitive Strengths & Weaknesses
- 7.3 CICTCI
- 7.3.1 CICTCI Details
- 7.3.2 CICTCI Major Business
- 7.3.3 CICTCI 5G V2X Communications Product and Services
- 7.3.4 CICTCI 5G V2X Communications Revenue, Gross Margin and Market Share (2021-2026)
- 7.3.5 CICTCI Recent Developments/Updates
- 7.3.6 CICTCI Competitive Strengths & Weaknesses
- 7.4 LG Innotek
- 7.4.1 LG Innotek Details
- 7.4.2 LG Innotek Major Business
- 7.4.3 LG Innotek 5G V2X Communications Product and Services
- 7.4.4 LG Innotek 5G V2X Communications Revenue, Gross Margin and Market Share (2021-2026)
- 7.4.5 LG Innotek Recent Developments/Updates
- 7.4.6 LG Innotek Competitive Strengths & Weaknesses
- 7.5 ZTE
- 7.5.1 ZTE Details
- 7.5.2 ZTE Major Business
- 7.5.3 ZTE 5G V2X Communications Product and Services
- 7.5.4 ZTE 5G V2X Communications Revenue, Gross Margin and Market Share (2021-2026)
- 7.5.5 ZTE Recent Developments/Updates
- 7.5.6 ZTE Competitive Strengths & Weaknesses
- 7.6 SimCOM
- 7.6.1 SimCOM Details
- 7.6.2 SimCOM Major Business
- 7.6.3 SimCOM 5G V2X Communications Product and Services
- 7.6.4 SimCOM 5G V2X Communications Revenue, Gross Margin and Market Share (2021-2026)
- 7.6.5 SimCOM Recent Developments/Updates
- 7.6.6 SimCOM Competitive Strengths & Weaknesses
- 7.7 Commsignia
- 7.7.1 Commsignia Details
- 7.7.2 Commsignia Major Business
- 7.7.3 Commsignia 5G V2X Communications Product and Services
- 7.7.4 Commsignia 5G V2X Communications Revenue, Gross Margin and Market Share (2021-2026)
- 7.7.5 Commsignia Recent Developments/Updates
- 7.7.6 Commsignia Competitive Strengths & Weaknesses
- 7.8 Cohda Wireless
- 7.8.1 Cohda Wireless Details
- 7.8.2 Cohda Wireless Major Business
- 7.8.3 Cohda Wireless 5G V2X Communications Product and Services
- 7.8.4 Cohda Wireless 5G V2X Communications Revenue, Gross Margin and Market Share (2021-2026)
- 7.8.5 Cohda Wireless Recent Developments/Updates
- 7.8.6 Cohda Wireless Competitive Strengths & Weaknesses
- 7.9 Neoway Technology
- 7.9.1 Neoway Technology Details
- 7.9.2 Neoway Technology Major Business
- 7.9.3 Neoway Technology 5G V2X Communications Product and Services
- 7.9.4 Neoway Technology 5G V2X Communications Revenue, Gross Margin and Market Share (2021-2026)
- 7.9.5 Neoway Technology Recent Developments/Updates
- 7.9.6 Neoway Technology Competitive Strengths & Weaknesses
- 7.10 Huawei
- 7.10.1 Huawei Details
- 7.10.2 Huawei Major Business
- 7.10.3 Huawei 5G V2X Communications Product and Services
- 7.10.4 Huawei 5G V2X Communications Revenue, Gross Margin and Market Share (2021-2026)
- 7.10.5 Huawei Recent Developments/Updates
- 7.10.6 Huawei Competitive Strengths & Weaknesses
- 7.11 Askey
- 7.11.1 Askey Details
- 7.11.2 Askey Major Business
- 7.11.3 Askey 5G V2X Communications Product and Services
- 7.11.4 Askey 5G V2X Communications Revenue, Gross Margin and Market Share (2021-2026)
- 7.11.5 Askey Recent Developments/Updates
- 7.11.6 Askey Competitive Strengths & Weaknesses
- 7.12 Robert Bosch
- 7.12.1 Robert Bosch Details
- 7.12.2 Robert Bosch Major Business
- 7.12.3 Robert Bosch 5G V2X Communications Product and Services
- 7.12.4 Robert Bosch 5G V2X Communications Revenue, Gross Margin and Market Share (2021-2026)
- 7.12.5 Robert Bosch Recent Developments/Updates
- 7.12.6 Robert Bosch Competitive Strengths & Weaknesses
8 Industry Chain Analysis
- 8.1 5G V2X Communications Industry Chain
- 8.2 5G V2X Communications Upstream Analysis
- 8.3 5G V2X Communications Midstream Analysis
- 8.4 5G V2X Communications Downstream Analysis
9 Research Findings and Conclusion
10 Appendix
- 10.1 Methodology
- 10.2 Research Process and Data Source
Summary:
Get latest Market Research Reports on 5G V2X Communications. Industry analysis & Market Report on 5G V2X Communications is a syndicated market report, published as Global 5G V2X Communications Supply, Demand and Key Producers, 2026-2032. It is complete Research Study and Industry Analysis of 5G V2X Communications market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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