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  • New Business Approaches Drive Growth in the Global Vehicle-to-Everything (V2X) Industry
    V2N communications and neutral servers most ideal for quick revenue generation and scalable industry-wide V2X deployment

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    The vehicle-to-everything (V2X) industry, although mature in terms of technology, is nascent when it comes to implementation. The technology has been known to provide benefits such as reduced accidents, improved road safety, traffic management, and better co-ordination for autonomous vehicles. However, the automotive industry is yet to see a breakthrough in V2X adoption, in contrast to the rapid growth of electric vehicles in the global market.

    This is partly because of the different approaches that automakers have taken to implement V2X. The choice of communication types preferred by automakers includes dedicated short-range communication (DSRC) and cellular V2X (C-V2X). The study covers the preferences of automakers and their roadmap for the next five years to implement V2X technologies. Based on this, forecasts are made while into account taking other factors such as regulations, infrastructure, technology development, and cost.

    The regulatory environment is the biggest influencer to the adoption of V2X technology. Regulatory laws remain unclear because the governments and departments of transport in North America and Europe are struggling to bring clarity to the industry in terms of V2X and its scope and limitations. This study presents an overview of the type of regulatory framework that is being adopted in different countries and how each region plans to implement V2X.

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