Cellular Vehicle-to-Everything (C-V2X) Market Industry Development Scenario and Forecast 2027
Cellular Vehicle-to-Everything (C-V2X) Market : Introduction V2X (Vehicle-to-everything) is a technology that enables vehicles to communicate with each other and with other road users and infrastructure, in order to enhance road safety and mobility. The technology utilizes wireless signals to communicate with compatible systems, thus enabling vehicles to improve their awareness about their surrounding objects. The key objective of a V2X system is safety. In manned vehicles, V2X systems transmit important information to the driver in the form of alerts and notifications. In connected autonomous vehicles, V2X comprises sensors that enable vehicles to take more informed and coordinated decisions and take actions when needed. Key Drivers of Cellular Vehicle-to-Everything (C-V2X) Market Increase in demand for smart cities, vehicles and surge in research in technology, including advance drive assist system (ADAS) and connected vehicles is projected to boost the C-V2X market. Increase i...