Frequently Asked Questions:
The V2Xs market is expected to grow from US$ 1,044.5 million in 2020 to US$ 13,404.1 million by 2027, with a CAGR of 44% from 2020 to 2027.
The market’s key opportunities are government support for V2X technology increased, 5G technology advances.
Rising demand for fully autonomous driving and safe vehicles, as well as growing concerns about vehicle-related pollution, are some of the market’s driving forces.
Throughout the forecast period, North America is expected to have the largest market share.
The V2V communication sector is expected to account for the majority of the V2X market.