Cellular V2X Components Market to Grow Rapidly as OEMs Build Connectivity into New Vehicle Models, According to Tractica
Summary
BOULDER, Colo.--(BUSINESS WIRE)--Driving authorities around the world are encouraging – or mandating – the deployment and use of vehicle-to-everything (V2X) for safety and traffic management, according to a new report from Tractica. “The introduction of V2X will bring a range of benefits, including reduced numbers of road traffic accidents and injuries, and consequent savings to society in the form of fewer personal injury payments and lower costs associated with the repair of vehicles,” says contributing analyst Simon Sherrington. It provides historical and technical context for today’s technology and market war between networks based on the 802.11p and 3GPP C-V2X standards and explains the position of various industry stakeholders. Finally, it provides 2019-2030 forecasts of the C-V2X and 802.11p vehicle technology component, network and roadside infrastructure, and service aspects of the V2X market. Tractica’s global market research and consulting services combine qualitative and quantitative research methodologies to provide a comprehensive view of the emerging market opportunities surrounding Artificial Intelligence, Robotics, User Interface Technologies, Advanced Computing and Connected & Autonomous Vehicles.