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| ![]() Vehicle-to-Infrastructure (V2I) Communication Market Size Reach USD 2,036.0 Million in 2032The Vehicle-to-Infrastructure (V2I) Communication market was valued at USD 412.7 million in 2024 and is expected to register a revenue CAGR of 22.4%.
However, data privacy and security remain pressing challenges for the Vehicle-to-Infrastructure (V2I) communication market. The very connectivity that powers V2I systems also makes them vulnerable to cyber threats and data breaches. Recognizing these risks, regulatory bodies are taking proactive measures. In September 2024, the U.S. Department of Commerce announced new regulations to prohibit hardware and software integration from China and Russia in connected vehicles. Segments Market Overview and Growth Insights: Based on technology, the Vehicle-to-Infrastructure (V2I) communication market is segmented into Dedicated Short-Range Communication (DSRC), Cellular-based Communication (C-V2X), Wi-Fi, WiMAX and Others. The Dedicated Short-Range Communication (DSRC) segment accounted for the largest market share in 2024, driven by growing government mandates and smart city initiatives focused on enhancing traffic safety and operational efficiency. DSRC technology has seen widespread deployment, particularly at intersections, along highways, and in densely populated urban areas. In July 2024, Toll4Europe GmbH and NORBIT ASA unveiled a next-generation Hybrid On-Board Unit (OBU) that integrates both Global Navigation Satellite System (GNSS) and Dedicated Short-Range Communication (DSRC) technologies. Regional Market Overview and Growth Insights: Europe emerged as a major contributor to revenue in the Vehicle-to-Infrastructure (V2I) communication market in 2024, supported by robust government backing for smart mobility initiatives, strict road safety regulations, and growing investments in connected vehicle infrastructure. In September 2023, the 5G Automotive Association (5GAA) launched a transformative initiative to fast-track the deployment of 5G-V2X technology for connected vehicles throughout Europe. Competitive Landscape and Key Competitors List of major players included in the market report are: Ford Motor Company, Volvo Cars, Hyundai Motor Company, BMW AG, Volkswagen Group, Robert Bosch GmbH, Continental AG, Qualcomm Incorporated, and Others Get a preview of the complete research study: https://navistratanalytics.com/ End
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