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V2X Communication Chipset Market
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V2X Communication Chipset Market

Author: Swarup Sahu - Senior Consultant, Report ID - DS2004062, Published - August 2025

Segmented in Technology Classification (DSRC, Cellular), Application (Automotive, Traffic Management, Fleet & Asset Management, Parking Management, Infotainment, Others), Product Variation, Provider Type and Regions - Global Industry Analysis, Size, Share, Trends, and Forecast 2024 – 2034

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Global V2X Communication Chipset
Market Outlook

The market for V2x Communication Chipset was estimated at $895.9 million in 2024; it is anticipated to increase to $2.4 billion by 2030, with projections indicating growth to around $5.4 billion by 2035. This expansion represents a compound annual growth rate (CAGR) of 17.8% over the forecast period. The growing demand for V2x Communication Chipset is mainly due to key factors such as the continuous advancements in the automotive industry and the increasing communication requirements within vehicular networks along with the rise of Connected and Autonomous Vehicles technology. Furthermore; the embrace of V x technology is also backed by the shift towards smart cities; where these chipsets provide effective communication solutions for Intelligent Transport Systems ITS. Moreover; the strict regulations imposed by governments worldwide to install safety devices in vehicles drive market expansion; highlighting the continued importance of this technology, in security and transportation systems.


The V2V Communication Chipset is a technology that enables cars to interact with various elements that could influence them or be influenced by them such as other vehicles, pedestrians, road infrastructure and networks. When cars are equipped with these chipsets it enhances road safety. Greatly boosts traffic efficiency.


Market Size Forecast & Key Insights

2019
$895M2024
2029
$4.6B2034

Absolute Growth Opportunity = $3.7B

The V2X Communication Chipset market is projected to grow from $895.9 million in 2024 to $4.61 billion in 2034. This represents a CAGR of 17.8%, reflecting rising demand across Autonomous Driving, Fleet Management & Asset Tracking and Traffic Management Systems.

The V2X Communication Chipset market is set to add $3.7 billion between 2024 and 2034, with manufacturer targeting Traffic Management & Fleet & Asset Management Application projected to gain a larger market share.

With Rising advancements in autonomous vehicles, and Increased infrastructure development for intelligent transport systems, V2X Communication Chipset market to expand 415% between 2024 and 2034.

Opportunities in the V2X Communication Chipset Market

Strategic Collaborations Fuelling Expansion

Collaborations among companies in the industry have the potential to significantly boost the V2x Communication Chipset markets growth trajectory. The idea is that through collaboration companies can pool resources and broaden their impact collectively leading to adoption of advanced chipset technologies. Forming alliances is seen as a key approach, to navigating and competing in this market landscape.

Unleashing Potential in Untapped Areas and Technological Innovations Driving Market Growth

The V2X Communication Chipset is becoming increasingly popular in the realm of cutting edge technology applications; however there are still market segments that have yet to be explored fully despite its rising prominence. Leveraging known uses like unmanned traffic management and automated road transport holds great potential for growth in the market and could attract more interest, from consumers if given more emphasis.

The future holds promise in the continuous evolution of technology with advancements such as improved vehicle connectivity and faster data transmission speeds alongside advancements, in chip design to boost the efficiency and adaptability of the chipset itself. The incorporation of these cutting edge technologies is driving the V 22 Communication Chipset sector to heights catalyzely further expansion and progress.

Growth Opportunities in North America and Asia-Pacific

Asia Pacific Outlook

The Asia-Pacific region, particularly countries like China and Japan, are making marked strides in the adoption of the V2X Communication Chipset. Fueled by governmental push for intelligent transportation systems and the flourishing automotive sector, the region is rapidly gaining pace in harnessing the chipsets technology. Companies like Huawei, with its increased focus on LTE-V2X, are poised to entrench their footprint in this burgeoning market providing a robust driving scenario for V2X Communication Chipsets. This region, with its innovative vision, presents abundant opportunities and a competitive landscape for automobile manufacturers and semiconductor companies alike.

North America Outlook

In the North American market, innovative strategies collectively adopted by top players are shaping the growth of the V2X Communication Chipset industry. With its significant investments in cutting-edge technologies like autonomous driving and smart city infrastructure, this region is emerging as a promising locus for the chipset technologys expansion. Tech giants such as Qualcomm and Intel are instrumental in driving the growth of the V2X Communication Chipset market with their sophisticated advancement in C-V2X modules, enhancing vehicle-to-everything communication by prioritizing safety, connectivity, and traffic efficiency.

North America Outlook

In the North American market, innovative strategies collectively adopted by top players are shaping the growth of the V2X Communication Chipset industry. With its significant investments in cutting-edge technologies like autonomous driving and smart city infrastructure, this region is emerging as a promising locus for the chipset technologys expansion. Tech giants such as Qualcomm and Intel are instrumental in driving the growth of the V2X Communication Chipset market with their sophisticated advancement in C-V2X modules, enhancing vehicle-to-everything communication by prioritizing safety, connectivity, and traffic efficiency.

Asia-Pacific Outlook

The Asia-Pacific region, particularly countries like China and Japan, are making marked strides in the adoption of the V2X Communication Chipset. Fueled by governmental push for intelligent transportation systems and the flourishing automotive sector, the region is rapidly gaining pace in harnessing the chipsets technology. Companies like Huawei, with its increased focus on LTE-V2X, are poised to entrench their footprint in this burgeoning market providing a robust driving scenario for V2X Communication Chipsets. This region, with its innovative vision, presents abundant opportunities and a competitive landscape for automobile manufacturers and semiconductor companies alike.

Growth Opportunities in North America and Asia-Pacific

Established and Emerging Market's Growth Trend 2025–2034

1

Major Markets : U.S., China, Germany, South Korea, Japan are expected to grow at 17.1% to 24.9% CAGR

2

Emerging Markets : India, Brazil, South Africa are expected to grow at 13.4% to 18.5% CAGR

Market Analysis Chart

The V2X Communication Chipset market is poised for robust growth, driven by several key factors. A key driver powering this markets ascend is the advancement in automotive communication technology. Hundreds of millions of vehicles worldwide are becoming more advanced and digitally sophisticated, prompting a surge in demand for V2X chipsets. These chipsets, integral to the deployment of advanced driving assistance systems , enable real-time inter-vehicle and vehicle-to-infrastructure communication.

Recent Developments and Technological Advancement

December 2024

The leading semiconductor company, Intel, announced its advanced V2X Communication Chipset, with improved latency and coverage, designed to revolutionize vehicle-to-infrastructure communication.

October 2024

Qualcomm Technologies expanded its portfolio by launching its brand-new V2X Communication Chipset, set to increase traffic efficiency and significantly reduce on-road accidents.

August 2024

NXP Semiconductors, a dominant player in the field, released a state-of-the-art V2X Communication Chipset that supports rapid transmission and superior vehicle-to-vehicle communication.

The V2X Communication Chipset market is going through an intense period of innovation and rapid expansion. Accelerated by the automotiveindustry'sshift towards Connected Car Systems, key trends like autonomous vehicles and Intelligent Transport Systems are driving adoption. This evolving market landscape marks the dawn of a new era, with V2X Communication Chipset at the forefront.

Impact of Industry Transitions on the V2X Communication Chipset Market

As a core segment of the A&T Technologies industry, the V2X Communication Chipset market develops in line with broader industry shifts. Over recent years, transitions such as Connectivity in Automotive Sector and Emergence of Autonomous Vehicles have redefined priorities across the A&T Technologies sector, influencing how the V2X Communication Chipset market evolves in terms of demand, applications and competitive dynamics. These transitions highlight the structural changes shaping long-term growth opportunities.

1

Connectivity in Automotive Sector:

Driving the demand for V2X Communication Chipset is the ongoing industry transition towards connected vehicles and smart transportation. This innovation has spurred the incorporation of high-quality communication chipsets designed for V2X transmission. The chipset enables real-time information sharing between vehicles and infrastructure, significantly enhancing road safety, driving comfort, and traffic efficiency. As auto manufacturers increasingly embed smart features, the use of V2X chipsets with robust communication capabilities is surging, directly influencing the growth dynamics of the automotive, technology and telecommunication sectors.

2

Emergence of Autonomous Vehicles:

Another significant transition impacting the V2X Communication Chipset market is the swift evolution of autonomous vehicles. Fully autonomous cars rely heavily on seamless V2X communication for safe operation, augmenting the demand for advanced communication chipsets. As industries gear up for the autonomous revolution, chipset manufacturers are aligning their products to meet this rising market demand, thus, stimulating a paradigm shift not only in the chipset manufacturing industry, but also in the broader spheres of automotive technology and future mobility solutions.

Global Events Shaping Future Growth

The chart below highlights how external events including emerging market developments, regulatory changes, and technological disruptions, have added another layer of complexity to the A&T Technologies industry. These events have disrupted supply networks, changed consumption behavior, and reshaped growth patterns. Together with structural industry transitions, they demonstrate how changes within the A&T Technologies industry cascade into the V2X Communication Chipset market, setting the stage for its future growth trajectory.

Market Dynamics and Supply Chain

Driver: Rising Advancements in Autonomous Vehicles, and Emergence of Connected Car Ecosystem

Studies indicate that the Vehicular to Everything Communication Chipset is also crucial for the advancement and development of vehicles or self driving cars by enabling seamless data exchange between vehicles and various entities such as infrastructure and pedestrians. This technology enhances safety measures on roads while also boosting traffic flow efficiency and overall driving experience. As the popularity of vehicles rises in response to consumer interest and technological progressions it is also expected that the demand for Vehicular, to Everything (V.
The V2X Communication Chipset is also integral to the connected car ecosystem. The advent of new advancements in incar connectivity, vehicle telematics, and an increased focus on vehicle safety has also led to the development of a connected car ecosystem.
The Vehicular to everything Communication Chipset sector is also anticipated to experience growth due to the advancement of Intelligent Transportation Systems . This innovative technology plays a role in enhancing traffic control strategies and safety on roads while also contributing to the reduction of environmental impact from transportation activities. As governments and private entities globally continue their investments in and advancements of infrastructure for ITS applications the demand for V​ ̣²​ ​ X​ ̣ Communication Chipset is also expected to escalate. paving the way, for significant market expansion.

Restraint: High Costs of Implementation

The V2X Communication Chipset is considered technology and integrating it into automotive and transportation systems comes with substantial costs attached to it; consequently driving up the overall pricing of vehicles and transportation infrastructure which may potentially deter customers and affect market demand negatively in the process. Manufacturers are confronted with a dilemma; whether to bear these expenses themselves leading to an impact their profit margins or transfer them to buyers which might result in reduced consumer interest and sales figures.

Challenge: Regulatory and Standardization Challenges

The V2X Communication Chipset industry faces numerous challenges related to regulatory standards and compliance. Governments and regulatory bodies worldwide have yet to establish a uniform standard for V2X communication systems. This lack of standardization creates uncertainty for chipset manufacturers as they navigate the logistics of producing and implementing this technology across varying regional laws and guidelines. This ultimately can slow the market adoption rate and inhibit the growth potential of the V2X Communication Chipset market.

Supply Chain Landscape

Raw Materials Acquisition

Intel Corporation

Qualcomm Inc

Component Manufacturing

NXP Semiconductors

Infineon Technologies AG

Chipset Assembly
Autotalks Ltd. / STMicroelectronics
End User Industry Integration
Automotive / Smart Cities / Traffic Management Systems
Raw Materials Acquisition

Intel Corporation

Qualcomm Inc

Component Manufacturing

NXP Semiconductors

Infineon Technologies AG

Chipset Assembly

Autotalks Ltd.

STMicroelectronics

End User Industry Integration

Automotive

Smart Cities

Traffic Management Systems

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Leading Providers and Their Strategies

Application AreaIndustryLeading Providers / ConsumersProvider Strategies
Automobile Connectivity
Automotive
Intel
Inclusion of latest V2X Communication in their chipset for seamless vehicle-to-vehicle communication, enhancing safety and traffic efficiency
Smart City Infrastructure
Internet of things (IoT) and Government
Qualcomm
Promotion of Smart City projects utilizing V2X chips for real-time, reliable data transfer and efficient urban planning
Public Safety & Emergency Services
Public Sector/ Government & IT
NXP Semiconductors
Focus on accelerated deployment of V2X chipset in public safety vehicles for real-time traffic information and speedy response time
Advanced Traffic Management Systems
Transportation & Logistics
Autotalks
Development of Dedicated Short Range Communications (DSRC) products with advanced V2X capabilities for efficient traffic management

Elevate your strategic vision with in-depth analysis of key applications, leading market players, and their strategies. The report analyzes industry leaders' views and statements on the V2X Communication Chipset market's present and future growth.

Our research is created following strict editorial standards. See our Editorial Policy

Applications of V2X Communication Chipset in Fleet Management & Asset Tracking, Traffic Management Systems and Autonomous Driving

Fleet Management & Asset Tracking

The application of V2X Communication Chipsets in Fleet Management and Asset Tracking is advancing rapidly, with Cellular-V2X being predominantly used. It facilitates enhanced vehicle tracking, route optimization, and asset management, providing substantial economic benefits for logistics and transportation businesses. Top players in this field, such as Autotalks Ltd and Savari Inc.

Traffic Management Systems

Traffic Management Systems heavily rely on V2X Communication Chipsets, particularly the DSRC and Cellular-V2X for efficient control and management of traffic. These chipsets enable real-time data sharing about the traffic situation among different components of the traffic management system, helping reduce congestion and improve overall traffic flow. Companies like Continental AG and Qualcomm Technologies are significant contributors to this application with their innovative V2X solutions

Autonomous Driving

The V2X communication chipset plays a pivotal role in autonomous driving, where Vehicle-to-Network and Vehicle-to-Vehicle communication are integral. The primary chipset used here is Dedicated Short-Range Communications for its high-speed and immediate vehicle to vehicle communication capabilities. It accelerates information sharing on road conditions, traffic, and safety warnings, offering a real-time decision enhancement system for self-driven vehicles. Key players in this segment include NXP Semiconductors and Infineon Technologies AG, known for their advanced technologies and strong market presence

V2x Communication Chipset vs. Substitutes:
Performance and Positioning Analysis

The V2X Communication Chipset excels in facilitating efficient vehicle-to-everything interoperability, a proficiency its alternatives lack. Its unique market positioning lies in its immense potential for growth, given the escalating demand for smart vehicles worldwide

V2X Communication Chipset
  • DSRC Communication Modules /
  • Cellular V2X Technology
    High-speed data transmission, Increased road safety, Enhanced traffic management
    High implementation cost, Requires strong network infrastructure
    High data transmission speed, Improved communication reliability
    Limited range, Susceptibility to interference

V2x Communication Chipset vs. Substitutes:
Performance and Positioning Analysis

V2X Communication Chipset

  • High-speed data transmission, Increased road safety, Enhanced traffic management
  • High implementation cost, Requires strong network infrastructure

DSRC Communication Modules / Cellular V2X Technology / pWLAN Connectivity Solutions

  • High data transmission speed, Improved communication reliability
  • Limited range, Susceptibility to interference

The V2X Communication Chipset excels in facilitating efficient vehicle-to-everything interoperability, a proficiency its alternatives lack. Its unique market positioning lies in its immense potential for growth, given the escalating demand for smart vehicles worldwide

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Research Methodology

This market research methodology defines the V2X Communication Chipset market scope, gathers reliable data, and validates findings using integrated primary and secondary research. Our systematic framework ensures precise market sizing, growth trend analysis, and competitive benchmarking.


Secondary Research Approach


We begin secondary research by defining the targeted market at macro and micro levels. As part of the A&T Technologies ecosystem, we analyze V2X Communication Chipset across Automotive, Traffic Management, and Fleet & Asset Management Applications. Our team gathers data systematically from country level ministerial sources, industry associations & federations, trade databases, company annual & quarterly reports and other credential sources, enabling us to map global and regional market size, pricing trends, regulatory standards, and technology advancements.



Key Sources Referenced:


We benchmark competitors such as Qualcomm Incorporated, Autotalks Ltd., and On Semiconductor by reviewing company financial statements, and regulatory filings. Our secondary insights identify key market drivers and constraints, forming the analytical foundation for primary research.


Primary Research Methods


We conduct structured interviews and surveys with industry stakeholders, including Raw Materials Acquisition, Component Manufacturing, and Chipset Assembly. Our geographic coverage spans Americas (40%), Europe (30%), Asia-Pacific (25%) and Middle East & Africa (5%). Our online surveys generally achieve a response rate of above 65%, and telephone interviews yield 60%, resulting in above 92% confidence level with a ±7% margin of error.


Through targeted questionnaires and in-depth interviews, we capture purchase intent, adoption barriers, brand perception across Segment Type. We use interview guides to ensure consistency and anonymous survey options to mitigate response bias. These primary insights validate secondary findings and align market sizing with real-world conditions.


Market Engineering & Data Analysis Framework


Our data analysis framework integrates Top-Down, Bottom-Up, and Company Market Share approaches to estimate and project market size with precision.


Top-down & Bottom-Up Process


In Top-down approach, we disaggregate global A&T Technologies revenues to estimate the V2X Communication Chipset segment, using historical growth patterns to set baseline trends. Simultaneously, in Bottom-up approach, we aggregate Country-Level Demand Data to derive regional and global forecasts, which provide granular consumption insights. By reconciling both approaches, we ensure statistical precision and cross-validation accuracy.


We evaluate the supply chain, spanning Raw Materials Acquisition (Intel Corporation, Qualcomm Inc), Component Manufacturing (NXP Semiconductors, Infineon Technologies AG), and Chipset Assembly. Our parallel substitute analysis examines DSRC Communication Modules, Cellular V2X Technology, and pWLAN Connectivity Solutions, highlighting diversification opportunities and competitive risks.


Company Market Share & Benchmarking


We benchmark leading companies such as Qualcomm Incorporated, Autotalks Ltd., and On Semiconductor, analyzing their capabilities in pricing, product features, technology adoption, and distribution reach. By assessing company-level revenues and product portfolios, we derive market share comparisons, clarifying competitive positioning and growth trajectories across the ecosystem.


Our integration of data triangulation, supply chain evaluation, and company benchmarking, supported by our proprietary Directional Superposition methodology enables us to deliver precise forecasts and actionable strategic insights into the V2X Communication Chipset market.


Quality Assurance and Compliance


We cross-reference secondary data with primary inputs and external expert reviews to confirm consistency. Further, we use stratified sampling, anonymous surveys, third-party interviews, and time-based sampling to reduce bias and strengthen our results.


Our methodology is developed in alignment with ISO 20252 standards and ICC/ESOMAR guidelines for research ethics. The study methodology follows globally recognized frameworks such as ISO 20252 and ICC codes of practice.

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V2X Communication Chipset Market Data: Size, Segmentation & Growth Forecast

Report AttributeDetails
Market Value in 2025USD 1.06 billion
Revenue Forecast in 2034USD 4.61 billion
Growth RateCAGR of 17.8% from 2025 to 2034
Base Year for Estimation2024
Industry Revenue 2024895 million
Growth OpportunityUSD 3.7 billion
Historical Data2019 - 2023
Growth Projection / Forecast Period2025 - 2034
Market Size UnitsMarket Revenue in USD million and Industry Statistics
Market Size 2024895 million USD
Market Size 20271.46 billion USD
Market Size 20292.03 billion USD
Market Size 20302.39 billion USD
Market Size 20344.61 billion USD
Market Size 20355.43 billion USD
Report CoverageMarket revenue for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends
Segments CoveredTechnology Classification, Application, Product Variation, Provider Type
Regional scopeNorth America, Europe, Asia Pacific, Latin America and Middle East & Africa
Country scopeU.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa
Companies ProfiledQualcomm Incorporated, Autotalks Ltd., On Semiconductor, Continental AG, Savari Inc., Infineon Technologies AG, STMicroelectronics, NXP Semiconductors, Robert Bosch GmbH, Intel Corporation, Renesas Electronics Corporation and Texas Instruments Incorporated.
CustomizationFree customization at segment, region or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement which is almost equivalent to 10% of report value

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Table of Contents

Industry Insights Report - Table Of Contents

Chapter 1

Executive Summary

Major Markets & Their Performance - Statistical Snapshots

Chapter 2

Research Methodology

2.1Axioms & Postulates
2.2Market Introduction & Research MethodologyEstimation & Forecast Parameters / Major Databases & Sources
Chapter 3

Market Dynamics

3.1Market OverviewDrivers / Restraints / Opportunities / M4 Factors
3.2Market Trends
3.2.1Introduction & Narratives
3.2.2Market Trends - Impact Analysis(Short, Medium & Long Term Impacts)
3.3Supply Chain Analysis
3.4Porter's Five ForcesSuppliers & Buyers' Bargaining Power, Threat of Substitution & New Market Entrants, Competitive Rivalry
Chapter 4

V2X Communication Chipset Market Size, Opportunities & Strategic Insights, by Technology Classification

4.1DSRC
4.2Cellular
Chapter 5

V2X Communication Chipset Market Size, Opportunities & Strategic Insights, by Application

5.1Automotive
5.2Traffic Management
5.3Fleet & Asset Management
5.4Parking Management
5.5Infotainment
5.6Others
Chapter 6

V2X Communication Chipset Market Size, Opportunities & Strategic Insights, by Product Variation

6.1Integrated Chips
6.2Standalone Chips
Chapter 7

V2X Communication Chipset Market Size, Opportunities & Strategic Insights, by Provider Type

7.1OEM
7.2Aftermarket
Chapter 8

V2X Communication Chipset Market, by Region

8.1North America V2X Communication Chipset Market Size, Opportunities, Key Trends & Strategic Insights
8.1.1U.S.
8.1.2Canada
8.2Europe V2X Communication Chipset Market Size, Opportunities, Key Trends & Strategic Insights
8.2.1Germany
8.2.2France
8.2.3UK
8.2.4Italy
8.2.5The Netherlands
8.2.6Rest of EU
8.3Asia Pacific V2X Communication Chipset Market Size, Opportunities, Key Trends & Strategic Insights
8.3.1China
8.3.2Japan
8.3.3South Korea
8.3.4India
8.3.5Australia
8.3.6Thailand
8.3.7Rest of APAC
8.4Middle East & Africa V2X Communication Chipset Market Size, Opportunities, Key Trends & Strategic Insights
8.4.1Saudi Arabia
8.4.2United Arab Emirates
8.4.3South Africa
8.4.4Rest of MEA
8.5Latin America V2X Communication Chipset Market Size, Opportunities, Key Trends & Strategic Insights
8.5.1Brazil
8.5.2Mexico
8.5.3Rest of LA
8.6CIS V2X Communication Chipset Market Size, Opportunities, Key Trends & Strategic Insights
8.6.1Russia
8.6.2Rest of CIS
Chapter 9

Competitive Landscape

9.1Competitive Dashboard & Market Share Analysis
9.2Company Profiles (Overview, Financials, Developments, SWOT)
9.2.1Qualcomm Incorporated
9.2.2Autotalks Ltd.
9.2.3On Semiconductor
9.2.4Continental AG
9.2.5Savari Inc.
9.2.6Infineon Technologies AG
9.2.7STMicroelectronics
9.2.8NXP Semiconductors
9.2.9Robert Bosch GmbH
9.2.10Intel Corporation
9.2.11Renesas Electronics Corporation
9.2.12Texas Instruments Incorporated.