• C-V2X technology is emerging as the next frontier in automotive communication, building on existing connected car capabilities.
• The transition from 4G to 5G is accelerating, providing the foundation for advanced C-V2X applications.
• C-V2X technology is poised to enhance safety, improve traffic efficiency, and pave the way for the future of mobility.

Connected vehicles on the road are rapidly increasing and are forecast to account for more than 95% of new passenger car sales worldwide by 2030, according to Counterpoint’s Global Connected Car Forecast. The automotive industry is rapidly evolving towards a greener and safer future with the help of connected, autonomous, electric, and software-defined vehicles. These connected vehicles, equipped with internet connectivity and many sensors, have already started reshaping our driving experience, offering enhanced safety features, improved navigation, and personalized infotainment. However, the true potential of connected cars extends far beyond these initial capabilities.

As vehicles become increasingly interconnected, not just with the internet but with each other and their surrounding infrastructure, a new paradigm in automotive technology is emerging – Cellular Vehicle-to-Everything (C-V2X) communication. C-V2X technology is a transformative force in the automotive industry, promising to enhance vehicle communication, improve road safety, and facilitate the development of autonomous vehicles while reducing pollution and saving energy.

Our latest connected car research highlights the rapid growth in global connected car sales, with 4G technology currently dominating the market. However, the transition to 5G is accelerating, driven by its superior capabilities in supporting advanced connected features. This shift aligns perfectly with the emergence of C-V2X, which leverages these high-speed, low-latency networks to enable unprecedented levels of communication between vehicles (V2V), infrastructure (V2I), pedestrians (V2P), and networks (V2N).

While the potential of C-V2X is significant, adoption rates may vary due to challenges such as high infrastructure deployment costs, cybersecurity concerns, and interoperability issues. As we navigate this transformative period in transportation, C-V2X technology stands poised to enhance safety, improve traffic efficiency, and pave the way for the future of mobility.

Access full 4-pager report here.

If you are not a client, reach out to us at info@counterpointresearch.com