Automotive vehicle-to-everything (V2X) market is expected to reach USD 26.72 billion by 2025


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Latest Report, "Global Automotive vehicle-to-everything (V2X) Market Analysis, Size And Segment Forecasts To 2025" is available at Grand View Research database


The global automotive vehicle-to-everything (V2X) market is expected to reach USD 26.72 billion by 2025 according to a new report by Grand View Research, Inc. The automotive industry is undergoing a series of transition, the industry moving towards digitalization and connected mobility. There has been a significant rise in the use of electronics in the vehicles. The vehicles today have shifted from being a conventional vehicle to intelligent vehicles and are equipped with communication systems that alert or assist the driver from a potential accident. Moreover, the rising consumer demand for convenience features has enforced various OEMs to incorporate V2X communication systems. The implementation of the of V2X communication will not only increase the safety aspect but will also provide enhanced driving experience.

There are numerous benefits for implementation of V2X communication systems, however they are surrounded by challenges. The main challenge for automotive V2X market to grow is significantly is the need for robust legal framework. Another important challenge is built a secure system which ensures privacy, authenticity and security for all types of V2X communication.

To request a sample copy or view summary of this report: 
http://www.grandviewresearch.com/industry-analysis/automotive-vehicle-to-everything-v2x-market

Further key findings from the report suggest:

Grand View Research has segmented the market on the basis of communication type, connectivity type, vehicle type, and region:

Automotive V2X Communication Type Outlook (Revenue, USD Million; 2014 - 2025)

Automotive V2X Connectivity Type outlook (Revenue, USD Million; 2014 - 2025)

Automotive V2X Vehicle Type outlook (Revenue, USD Million; 2014 - 2025)

Automotive V2X Regional outlook (Revenue, USD Million; 2014 - 2025)

Access press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-automotive-vehicle-to-everything-v2x-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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