As per Intent Market Research, the Vehicle-To-Vehicle (V2V) Communication Market was valued at USD 1.5 billion in 2024-e and will surpass USD 3.9 billion by 2030; growing at a CAGR of 16.8% during 2025 - 2030.
The Vehicle-To-Vehicle (V2V) communication market is essential for the advancement of connected and autonomous vehicles, facilitating the exchange of information between vehicles and infrastructure. V2V communication enables vehicles to share data on speed, location, road conditions, and other critical information, which is key to improving road safety and traffic management. By providing real-time communication between vehicles and their surroundings, V2V systems help to reduce accidents, alleviate traffic congestion, and support the deployment of autonomous driving technologies. The growing adoption of advanced driver-assistance systems (ADAS) and the integration of connected vehicle technologies are expected to drive the demand for V2V communication solutions.
The market is witnessing rapid technological advancements, with the introduction of new communication protocols, including Dedicated Short Range Communication (DSRC), Cellular V2X (C-V2X), and the emerging 5G V2V solutions. These technologies promise to offer improved reliability, lower latency, and greater coverage, facilitating real-time, high-speed communication. As the automotive industry progresses towards greater automation and intelligent transportation systems, V2V communication technology is becoming an integral part of the ecosystem. Increased government regulations, investments in smart infrastructure, and the need for enhanced road safety are expected to further drive the growth of this market.
5G V2V Expected to Drive Market Growth with Enhanced Communication Capabilities
Among the various communication technologies, 5G V2V is poised to revolutionize the market due to its low latency and high-speed data transfer capabilities. 5G V2V will enable near-instantaneous communication between vehicles, infrastructure, and other road users, which is crucial for supporting autonomous driving applications. This technology offers several advantages over previous communication standards, such as enhanced traffic safety, improved efficiency, and better vehicle-to-infrastructure interactions. As the rollout of 5G networks accelerates, the demand for 5G V2V communication solutions will grow significantly, leading to the expansion of the market.
The main benefits of 5G V2V include real-time data transfer, which will support applications like vehicle-to-vehicle (V2V) communication, vehicle-to-infrastructure (V2I) communication, and vehicle-to-pedestrian (V2P) systems. These capabilities are essential for making autonomous vehicles safer and more efficient, as they allow for seamless coordination between vehicles and their environments. With the potential to improve road safety and traffic flow, 5G V2V is expected to become a key enabler of smart transportation systems, accelerating the adoption of connected vehicles and intelligent road networks.
DSRC Continues to Play a Significant Role in Road Safety Systems
Dedicated Short Range Communication (DSRC) remains a prominent technology in the V2V communication market, particularly in road safety applications. DSRC is a short-range, high-speed communication protocol that allows vehicles to exchange data with each other and with infrastructure such as traffic lights and road signs. It is widely used in applications such as collision avoidance, emergency vehicle communication, and real-time traffic management. Despite the rise of newer technologies like 5G V2V, DSRC continues to play a critical role in enhancing road safety, especially in regions where DSRC infrastructure has already been implemented.
The technology's low latency and reliability make it particularly effective in emergency situations where timely communication can prevent accidents. Many governments and municipalities have already adopted DSRC for traffic management and safety systems, further embedding this technology in existing transportation infrastructures. As such, DSRC will remain a key player in the V2V communication market, complementing newer technologies like C-V2X and 5G V2V in various use cases.
Automotive Manufacturers Drive the Demand for V2V Communication Solutions
Automotive manufacturers are among the largest end-users of V2V communication solutions, driven by the industry's ongoing focus on enhancing vehicle safety and connectivity. V2V communication is an integral part of advanced driver-assistance systems (ADAS) that improve vehicle safety by enabling features such as collision avoidance, lane-keeping assistance, and automatic braking. By incorporating V2V technology, manufacturers can offer vehicles that are better equipped to communicate with other vehicles and infrastructure, ultimately improving the driving experience and reducing the risk of accidents.
Additionally, as the shift towards autonomous vehicles continues, automotive manufacturers are increasingly investing in V2V communication systems to enable seamless interaction between vehicles and the environment. The adoption of connected vehicle technologies will also improve fleet management systems, enabling real-time data exchange and more efficient vehicle tracking. As the automotive industry embraces these advancements, the demand for V2V communication solutions is expected to grow substantially.
Telecom Providers Play a Key Role in Enabling V2V Communication through 5G Networks
Telecommunications providers are also significant contributors to the V2V communication market, particularly with the deployment of 5G networks. 5G networks enable faster data transfer and reduced latency, which are critical for the functionality of V2V communication systems, especially for applications such as autonomous driving. Telecom providers are working closely with automotive manufacturers and government entities to deploy the necessary infrastructure that supports V2V communication technologies.
With the widespread adoption of 5G technology, telecom providers will play a crucial role in ensuring that vehicles, infrastructure, and other road users can communicate seamlessly in real-time. The success of V2V communication will depend on the robust, low-latency, and high-speed connectivity that telecom providers can offer, making them essential partners in the development and deployment of V2V systems.
North America Leads the Market with Strong Government Support and Technological Advancements
North America is expected to hold the largest share of the Vehicle-To-Vehicle (V2V) communication market, driven by the region's technological advancements, the presence of leading automotive manufacturers, and strong government support for connected vehicle initiatives. The United States, in particular, has been at the forefront of developing and implementing V2V communication technologies, with several states and municipalities testing and deploying V2V-enabled infrastructure. Federal initiatives, including funding for smart city projects and vehicle safety programs, have further accelerated the adoption of V2V communication systems in North America.
Additionally, the region's telecommunications industry is well-positioned to support the roll-out of 5G networks, which will enable the next generation of V2V communication. With government incentives and investments in transportation infrastructure, North America is set to maintain its leadership in the global V2V communication market. The region's focus on autonomous driving, connected vehicles, and smart city development further enhances its dominant position in the market.
Leading Companies and Competitive Landscape
The Vehicle-To-Vehicle (V2V) communication market is highly competitive, with key players such as Qualcomm, NXP Semiconductors, Intel Corporation, and Harman International driving innovation in the field. These companies are actively developing and offering advanced communication technologies, including C-V2X and DSRC solutions, which are critical for the development of connected and autonomous vehicles. With significant investments in research and development, these players are at the forefront of enhancing the capabilities of V2V communication systems, ensuring their reliability, safety, and performance.
As the demand for connected vehicles and intelligent transportation systems increases, companies in the V2V communication market are focusing on expanding their product portfolios and forming strategic partnerships with automotive manufacturers, telecom providers, and government agencies. The market is expected to see increased collaboration between automotive, telecommunications, and infrastructure sectors as they work together to deploy V2V solutions at a global scale. With continuous advancements in communication technologies, the competitive landscape of the V2V communication market will remain dynamic and innovative.
Recent Developments:
- In March 2025, Qualcomm Technologies introduced a new V2V communication chipset optimized for 5G, enhancing real-time vehicle communication. This advancement strengthens Qualcomm’s position in next-gen automotive communications.
- In February 2025, NXP Semiconductors unveiled a new DSRC V2V system designed to improve the reliability and security of vehicle communication networks. This system is expected to support the widespread adoption of V2V safety features.
- In January 2025, Intel Corporation announced a partnership with leading automakers to integrate V2V technology in their next-generation electric vehicles. This collaboration highlights Intel’s continued commitment to automotive innovation.
- In December 2024, Continental AG launched a new V2V communication module capable of supporting real-time data exchange in autonomous vehicle fleets. This product aims to improve vehicle coordination on the road.
- In November 2024, Huawei Technologies expanded its portfolio with a comprehensive V2V communication solution tailored for smart city applications. This solution will enable better management of urban traffic and road safety.
List of Leading Companies:
- Qualcomm Technologies
- NXP Semiconductors
- Intel Corporation
- Continental AG
- Robert Bosch GmbH
- Harman International (a Samsung Electronics subsidiary)
- Huawei Technologies Co., Ltd.
- Denso Corporation
- Panasonic Corporation
- Toyota Infotech
- Ericsson AB
- Verizon Communications
- Cohda Wireless
- Veoneer
- Aptiv PLC
Report Scope:
Report Features |
Description |
Market Size (2024-e) |
USD 1.5 billion |
Forecasted Value (2030) |
USD 3.9 billion |
CAGR (2025 – 2030) |
16.8% |
Base Year for Estimation |
2024-e |
Historic Year |
2023 |
Forecast Period |
2025 – 2030 |
Report Coverage |
Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments |
Segments Covered |
Vehicle-To-Vehicle (V2V) Communication Market By Technology Type (Dedicated Short Range Communication (DSRC), Cellular V2X (C-V2X), 5G V2V), By Communication Mode (Vehicle-to-Vehicle (V2V), Vehicle-to-Infrastructure (V2I), Vehicle-to-Pedestrian (V2P)), By Application (Autonomous Vehicles, Connected Vehicles, Fleet Management Systems, Road Safety Systems), By End-User (Automotive Manufacturers, Telecommunications Providers, Government & Municipalities, Logistics & Transportation) |
Regional Analysis |
North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa) |
Major Companies |
Qualcomm Technologies, NXP Semiconductors, Intel Corporation, Continental AG, Robert Bosch GmbH, Harman International (a Samsung Electronics subsidiary), Huawei Technologies Co., Ltd., Denso Corporation, Panasonic Corporation, Toyota Infotech, Ericsson AB, Verizon Communications, Cohda Wireless, Veoneer, Aptiv PLC |
Customization Scope |
Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements |
1. Introduction |
1.1. Market Definition |
1.2. Scope of the Study |
1.3. Research Assumptions |
1.4. Study Limitations |
2. Research Methodology |
2.1. Research Approach |
2.1.1. Top-Down Method |
2.1.2. Bottom-Up Method |
2.1.3. Factor Impact Analysis |
2.2. Insights & Data Collection Process |
2.2.1. Secondary Research |
2.2.2. Primary Research |
2.3. Data Mining Process |
2.3.1. Data Analysis |
2.3.2. Data Validation and Revalidation |
2.3.3. Data Triangulation |
3. Executive Summary |
3.1. Major Markets & Segments |
3.2. Highest Growing Regions and Respective Countries |
3.3. Impact of Growth Drivers & Inhibitors |
3.4. Regulatory Overview by Country |
4. Vehicle-To-Vehicle (V2V) Communication Market, by Technology Type (Market Size & Forecast: USD Million, 2023 – 2030) |
4.1. Dedicated Short Range Communication (DSRC) |
4.2. Cellular V2X (C-V2X) |
4.3. 5G V2V |
4.4. Others |
5. Vehicle-To-Vehicle (V2V) Communication Market, by Communication Mode (Market Size & Forecast: USD Million, 2023 – 2030) |
5.1. Vehicle-to-Vehicle (V2V) |
5.2. Vehicle-to-Infrastructure (V2I) |
5.3. Vehicle-to-Pedestrian (V2P) |
5.4. Others |
6. Vehicle-To-Vehicle (V2V) Communication Market, by Application (Market Size & Forecast: USD Million, 2023 – 2030) |
6.1. Autonomous Vehicles |
6.2. Connected Vehicles |
6.3. Fleet Management Systems |
6.4. Road Safety Systems |
6.5. Others |
7. Vehicle-To-Vehicle (V2V) Communication Market, by End-User (Market Size & Forecast: USD Million, 2023 – 2030) |
7.1. Automotive Manufacturers |
7.2. Telecommunications Providers |
7.3. Government & Municipalities |
7.4. Logistics & Transportation |
7.5. Others |
8. Regional Analysis (Market Size & Forecast: USD Million, 2023 – 2030) |
8.1. Regional Overview |
8.2. North America |
8.2.1. Regional Trends & Growth Drivers |
8.2.2. Barriers & Challenges |
8.2.3. Opportunities |
8.2.4. Factor Impact Analysis |
8.2.5. Technology Trends |
8.2.6. North America Vehicle-To-Vehicle (V2V) Communication Market, by Technology Type |
8.2.7. North America Vehicle-To-Vehicle (V2V) Communication Market, by Communication Mode |
8.2.8. North America Vehicle-To-Vehicle (V2V) Communication Market, by Application |
8.2.9. North America Vehicle-To-Vehicle (V2V) Communication Market, by End-User |
8.2.10. By Country |
8.2.10.1. US |
8.2.10.1.1. US Vehicle-To-Vehicle (V2V) Communication Market, by Technology Type |
8.2.10.1.2. US Vehicle-To-Vehicle (V2V) Communication Market, by Communication Mode |
8.2.10.1.3. US Vehicle-To-Vehicle (V2V) Communication Market, by Application |
8.2.10.1.4. US Vehicle-To-Vehicle (V2V) Communication Market, by End-User |
8.2.10.2. Canada |
8.2.10.3. Mexico |
*Similar segmentation will be provided for each region and country |
8.3. Europe |
8.4. Asia-Pacific |
8.5. Latin America |
8.6. Middle East & Africa |
9. Competitive Landscape |
9.1. Overview of the Key Players |
9.2. Competitive Ecosystem |
9.2.1. Level of Fragmentation |
9.2.2. Market Consolidation |
9.2.3. Product Innovation |
9.3. Company Share Analysis |
9.4. Company Benchmarking Matrix |
9.4.1. Strategic Overview |
9.4.2. Product Innovations |
9.5. Start-up Ecosystem |
9.6. Strategic Competitive Insights/ Customer Imperatives |
9.7. ESG Matrix/ Sustainability Matrix |
9.8. Manufacturing Network |
9.8.1. Locations |
9.8.2. Supply Chain and Logistics |
9.8.3. Product Flexibility/Customization |
9.8.4. Digital Transformation and Connectivity |
9.8.5. Environmental and Regulatory Compliance |
9.9. Technology Readiness Level Matrix |
9.10. Technology Maturity Curve |
9.11. Buying Criteria |
10. Company Profiles |
10.1. Qualcomm Technologies |
10.1.1. Company Overview |
10.1.2. Company Financials |
10.1.3. Product/Service Portfolio |
10.1.4. Recent Developments |
10.1.5. IMR Analysis |
*Similar information will be provided for other companies |
10.2. NXP Semiconductors |
10.3. Intel Corporation |
10.4. Continental AG |
10.5. Robert Bosch GmbH |
10.6. Harman International (a Samsung Electronics subsidiary) |
10.7. Huawei Technologies Co., Ltd. |
10.8. Denso Corporation |
10.9. Panasonic Corporation |
10.10. Toyota Infotech |
10.11. Ericsson AB |
10.12. Verizon Communications |
10.13. Cohda Wireless |
10.14. Veoneer |
10.15. Aptiv PLC |
11. Appendix |
A comprehensive market research approach was employed to gather and analyze data on the Vehicle-To-Vehicle (V2V) Communication Market. In the process, the analysis was also done to analyze the parent market and relevant adjacencies to measure the impact of them on the Vehicle-To-Vehicle (V2V) Communication Market. The research methodology encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.
Secondary Research
Secondary research involved a thorough review of pertinent industry reports, journals, articles, and publications. Additionally, annual reports, press releases, and investor presentations of industry players were scrutinized to gain insights into their market positioning and strategies.
Primary Research
Primary research involved conducting in-depth interviews with industry experts, stakeholders, and market participants across the E-Waste Management ecosystem. The primary research objectives included:
- Validating findings and assumptions derived from secondary research
- Gathering qualitative and quantitative data on market trends, drivers, and challenges
- Understanding the demand-side dynamics, encompassing end-users, component manufacturers, facility providers, and service providers
- Assessing the supply-side landscape, including technological advancements and recent developments
Market Size Assessment
A combination of top-down and bottom-up approaches was utilized to analyze the overall size of the Vehicle-To-Vehicle (V2V) Communication Market. These methods were also employed to assess the size of various subsegments within the market. The market size assessment methodology encompassed the following steps:
- Identification of key industry players and relevant revenues through extensive secondary research
- Determination of the industry's supply chain and market size, in terms of value, through primary and secondary research processes
- Calculation of percentage shares, splits, and breakdowns using secondary sources and verification through primary sources
Data Triangulation
To ensure the accuracy and reliability of the market size, data triangulation was implemented. This involved cross-referencing data from various sources, including demand and supply side factors, market trends, and expert opinions. Additionally, top-down and bottom-up approaches were employed to validate the market size assessment.
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