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Automotive V2X Market Valued at $9.5 billion by 2030
Jul 15th, 2024 · Comments Off on Automotive V2X Market Valued at $9.5 billion by 2030
The global automotive V2X market is projected to grow from USD 0.5 billion in 2023 to USD 9.5 billion by 2030, at a CAGR of 51.9%. The market growth is primarly driver by the increasing adoption of connected vehicles, advancements in communication technologies like 5G, and a heightened focus on road safety and traffic management. The demand for V2X solutions is propelled by the escalating need for...
Automotive V2X Market Size, Share, Trends & Global Forecast by 2030
Feb 1st, 2024 · Comments Off on Automotive V2X Market Size, Share, Trends & Global Forecast by 2030
The global automotive V2X market is projected to grow from USD 0.5 billion in 2023 to USD 9.5 billion by 2030, at a CAGR of 51.9%.
Factors such as advancements in connected car technology, coupled with a heightened emphasis on traffic safety, supportive government initiatives, and regulatory frameworks, are anticipated to contribute significantly to the revenue growth of the automotive Vehicle-to-Everything...