Automotive Vehicle-to-Everything (V2X) Market Growth Driven by Connected Mobility and Intelligent Transportation Systems
According to Persistence Market Research , the global automotive vehicle-to-everything (V2X) market is projected to grow from US$ 4.8 billion in 2026 to US$ 19.3 billion by 2033 , expanding at a remarkable CAGR of 21.8% during the forecast period from 2026 to 2033 . The market is witnessing significant momentum as governments, automotive manufacturers, and technology providers invest heavily in connected mobility, intelligent transportation systems, and autonomous driving technologies. Vehicle-to-Everything (V2X) communication enables vehicles to exchange real-time information with surrounding vehicles, road infrastructure, pedestrians, cyclists, cloud platforms, and communication networks. This constant data exchange enhances road safety, minimizes traffic congestion, supports efficient route planning, and lays the technological foundation for autonomous transportation. In 2025, GSMA Intelligence evaluated 15 global markets for connected vehicle readiness and reported an ave...