Automotive 5G Market Size, Share, Trends & Competitive Analysis By Type: Vehicle-to-Vehicle Communication, Vehicle-to-Infrastructure Communication, Vehicle-to-Pedestrian Communication, Vehicle-to-Cloud Communication, Vehicle-to-Network Communication By Application: By Vehicle Type: By End User: By Services: By Regions, and Industry Forecast, Global Report 2024-2032

The global Automotive 5G Market size was valued at USD xx Billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of xx% during the forecast period, reaching a value of USD xx Billion by 2030.

Automotive 5G Market research report by Future Data Stats, offers a comprehensive view of the Market's historical data from 2019 to 2022, capturing trends, growth patterns, and key drivers. It establishes 2023 as the base year, analysing the Market landscape, consumer behaviour, competition, and regulations. Additionally, the report presents a well-researched forecast period from 2024 to 2032, leveraging data analysis techniques to project the Market's growth trajectory, emerging opportunities, and anticipated challenges.


Automotive 5G refers to the integration of fifth-generation (5G) wireless technology in automotive vehicles. It enables vehicles to connect to high-speed, low-latency networks, facilitating various advanced applications and services. Automotive 5G technology allows for faster and more reliable communication between vehicles, infrastructure, and other connected devices, paving the way for enhanced safety features, real-time navigation, and vehicle-to-everything (V2X) communication. With Automotive 5G, vehicles can access a wide range of data-intensive services and applications, providing a seamless and connected driving experience.


The increasing demand for connected and autonomous vehicles, which require high-speed, low-latency connectivity for efficient communication and operation. Additionally, the growing adoption of advanced driver assistance systems (ADAS) and in-vehicle infotainment (IVI) systems is fueling the demand for Automotive 5G technology. Moreover, regulatory initiatives aimed at improving road safety and reducing traffic congestion are further driving the adoption of Automotive 5G solutions.



With the advent of 5G technology, various types of communication have become possible, including Vehicle-to-Vehicle (V2V) communication, Vehicle-to-Infrastructure (V2I) communication, Vehicle-to-Pedestrian (V2P) communication, Vehicle-to-Cloud (V2C) communication, and Vehicle-to-Network (V2N) communication.

V2V communication enables vehicles to communicate with each other, enhancing safety and reducing accidents on the road. V2I communication allows vehicles to communicate with infrastructure such as traffic lights and road signs, providing real-time traffic information and optimizing traffic flow. V2P communication ensures the safety of pedestrians by allowing vehicles to detect their presence and take necessary precautions.

Moreover, V2C and V2N communication enable vehicles to connect to the cloud and network services, providing a wide range of functionalities such as over-the-air updates, predictive maintenance, and enhanced entertainment services.


Connected Cars leverage 5G technology to enable seamless communication between vehicles and the surrounding environment, offering enhanced connectivity and a superior driving experience. Autonomous Vehicles benefit significantly from 5G technology, as it provides the high-speed, low-latency communication necessary for safe and efficient autonomous driving.

Updates Telematics and Infotainment systems in vehicles are also being revolutionized by 5G technology, allowing for faster and more reliable over-the-air updates and delivering a wide range of entertainment and information services to vehicle occupants. Additionally, 5G enables advanced Vehicle Safety and Collision Avoidance systems, helping to reduce accidents and improve road safety.

Furthermore, 5G technology plays a crucial role in Traffic Management and Control by providing real-time data on traffic conditions, enabling more efficient traffic flow and congestion management.


Passenger Cars are at the forefront of adopting 5G technology, as automakers integrate advanced connectivity features to enhance the driving experience. Similarly, Commercial Vehicles are leveraging 5G technology to improve fleet management, logistics, and driver safety. Even Two-Wheelers are embracing 5G technology to offer advanced connectivity features to riders, enhancing safety and convenience on the road.

In addition to vehicle type, the Automotive 5G Market is also influenced by different connectivity solutions such as Dedicated Short-Range Communication (DSRC), Cellular Vehicle-to-Everything (C-V2X), and Hybrid Connectivity (a combination of DSRC and C-V2X). These solutions enable seamless communication between vehicles, infrastructure, pedestrians, and the cloud, leading to safer roads, efficient traffic management, and enhanced driving experiences.


OEMs play a crucial role in driving the adoption of 5G technology in vehicles, integrating advanced connectivity features into new vehicle models. With the increasing demand for connected cars and advanced safety features, OEMs are actively investing in 5G technology to meet consumer expectations and stay competitive in the market.

The Aftermarket segment also plays a significant role in the Automotive 5G Market, as it offers opportunities for retrofitting existing vehicles with 5G connectivity solutions. Aftermarket suppliers provide a range of products and services, including 5G-enabled telematics systems, infotainment systems, and safety enhancements. This allows vehicle owners to upgrade their vehicles with the latest 5G technology, improving connectivity, safety, and overall driving experience.


Vehicle Management services leverage 5G technology to provide real-time monitoring and control of vehicle systems, optimizing performance and efficiency. Safety and Security services utilize 5G connectivity to enhance vehicle safety features, including collision avoidance systems, emergency response systems, and vehicle tracking.

Infotainment and Communication services are revolutionized by 5G technology, offering high-speed internet connectivity, streaming services, and seamless integration with smartphones and other devices. Remote Monitoring and Diagnostics services enable proactive maintenance and troubleshooting, allowing vehicle owners and service providers to monitor vehicle health remotely.

Furthermore, Over-the-Air (OTA) updates are made possible by 5G technology, enabling manufacturers to remotely update vehicle software and firmware, improving functionality and addressing security vulnerabilities without requiring a physical visit to a service center.


North America and Europe are currently leading the market due to their advanced automotive infrastructure and high adoption rates of 5G technology. The presence of key automotive manufacturers and significant investments in research and development further contribute to the growth of the Automotive 5G Market in these regions.

Asia Pacific is also emerging as a prominent market for Automotive 5G, driven by the rapid expansion of the automotive industry in countries like China, Japan, and South Korea. The increasing demand for connected cars, autonomous vehicles, and advanced safety features is fueling the adoption of 5G technology in the region.


  • Qualcomm Technologies, Inc.
  • Intel Corporation
  • Ericsson
  • Nokia Corporation
  • Huawei Technologies Co., Ltd.
  • Samsung Electronics Co., Ltd.
  • Infineon Technologies AG
  • Verizon Communications Inc.
  • AT&T Inc.
  • NXP Semiconductors N.V.
  • Broadcom Inc.
  • Telefonaktiebolaget LM Ericsson
  • Cisco Systems, Inc.
  • Mitsubishi Electric Corporation
  • Analog Devices, Inc.
  • Texas Instruments Incorporated
  • Vodafone Group Plc
  • Ford Motor Company
  • BMW AG
  • Daimler AG
  • General Motors Company
  • Toyota Motor Corporation
  • Honda Motor Co., Ltd.
  • Volkswagen AG
  • Volvo Group

Table of Contents
Executive Summary
Market Overview
Market Dynamics
4.1. Drivers
4.2. Restraints
4.3. Opportunities
Automotive 5G Market, by Type
5.1. Vehicle-to-Vehicle (V2V) Communication
5.2. Vehicle-to-Infrastructure (V2I) Communication
5.3. Vehicle-to-Pedestrian (V2P) Communication
5.4. Vehicle-to-Cloud (V2C) Communication
5.5. Vehicle-to-Network (V2N) Communication
Automotive 5G Market, by Application
6.1. Connected Cars
6.2. Autonomous Vehicles
6.3. Telematics and Infotainment
6.4. Vehicle Safety and Collision Avoidance
6.5. Traffic Management and Control
Automotive 5G Market, by Vehicle Type
7.1. Passenger Cars
7.2. Commercial Vehicles
7.3. Two-Wheelers
Automotive 5G Market, by Region
8.1. North America
8.2. Europe
8.3. Asia-Pacific
8.4. Latin America
8.5. Middle East and Africa
Automotive 5G Market, by Connectivity Solution
9.1. Dedicated Short-Range Communication (DSRC)
9.2. Cellular Vehicle-to-Everything (C-V2X)
9.3. Hybrid Connectivity
Automotive 5G Market, by End User
10.1. Original Equipment Manufacturers (OEMs)
10.2. Aftermarket
Automotive 5G Market, by Services
11.1. Vehicle Management
11.2. Safety and Security
11.3. Infotainment and Communication
11.4. Remote Monitoring and Diagnostics
11.5. Over-the-Air (OTA) Updates
Competitive Landscape
Company Profiles

Automotive 5G Market Segmentation:

By Type:

  • Vehicle-to-Vehicle (V2V) Communication
  • Vehicle-to-Infrastructure (V2I) Communication
  • Vehicle-to-Pedestrian (V2P) Communication
  • Vehicle-to-Cloud (V2C) Communication
  • Vehicle-to-Network (V2N) Communication

By Application:

  • Connected Cars
  • Autonomous Vehicles
  • Updates Telematics and Infotainment
  • Vehicle Safety and Collision Avoidance
  • Traffic Management and Control

By Vehicle Type:

  • Passenger Cars
  • Commercial Vehicles
  • Two-Wheelers
  • By Connectivity Solution:
  • Dedicated Short-Range Communication (DSRC)
  • Cellular Vehicle-to-Everything (C-V2X)
  • Hybrid Connectivity (combination of DSRC and C-V2X)

By End User:

  • Original Equipment Manufacturers (OEMs)
  • Aftermarket

By Services:

  • Vehicle Management
  • Safety and Security
  • Infotainment and Communication
  • Remote Monitoring and Diagnostics
  • Over-the-Air (OTA)

By Geography:

  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

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Primary Research


Desk Research


Company Analysis


•       Identify key opinion leaders

•       Questionnaire design

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•       Paid Databases

•       Financial Reports


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•       Mapping as per Value Chain

•       Key focus segment


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Secondary Research:

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  • Regional government and statistical databases for macro analysis
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•       Top executives of end-use industries

•       C-level executives of the leading Parenteral Nutrition companies

•       Sales manager and regional sales manager of the Parenteral Nutrition companies

•       Industry Consultants

•       Distributors/Suppliers


•       Annual Reports

•       Presentations

•       Company Websites

•       Press Releases

•       News Articles

•       Government Agencies’ Publications

•       Industry Publications

•       Paid Databases


Analyst Tools and Models:



·         Arriving at
Global Market Size

·         Arriving at
Market Size

·         Market Share
of Key Players

·         Key Market Players

·         Key Market Players

·         Market Share
of Key Players

·         Arriving at
Market Size

·         Arriving at
Global Market Size


Automotive 5G Market Dynamic Factors


  • Increasing demand for connected cars and advanced safety features.
  • Growing adoption of autonomous vehicles.
  • Rising need for high-speed, low-latency communication in vehicles.
  • Advancements in 5G technology enabling enhanced vehicle-to-everything (V2X) communication.
  • Expansion of automotive infrastructure supporting 5G technology.


  • High initial costs associated with implementing 5G technology in vehicles.
  • Concerns regarding data security and privacy.
  • Limited availability of 5G network coverage in certain regions.
  • Compatibility issues with existing automotive systems and infrastructure.
  • Regulatory challenges related to spectrum allocation and licensing.


  • Development of innovative 5G-enabled automotive applications and services.
  • Increasing partnerships and collaborations between automotive manufacturers and telecommunications companies.
  • Growth of the aftermarket segment for retrofitting existing vehicles with 5G connectivity solutions.
  • Expansion of 5G network coverage and infrastructure.
  • Integration of 5G technology with emerging trends such as electric vehicles and smart cities.


  • Ensuring interoperability and compatibility with existing automotive systems.
  • Addressing concerns related to cybersecurity and data privacy.
  • Overcoming regulatory hurdles and spectrum allocation issues.
  • Educating consumers and industry stakeholders about the benefits of 5G technology in vehicles.
  • Managing the complexity of integrating 5G technology into vehicles while ensuring reliability and safety.

Frequently Asked Questions

The global Automotive 5G Market size was valued at USD xx Billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of xx% during the forecast period, reaching a value of USD xx Billion by 2030.

The key factors driving the growth of the Automotive 5G Market include increasing demand for connected cars, rising adoption of autonomous vehicles, advancements in 5G technology enabling enhanced vehicle-to-everything (V2X) communication, and expansion of automotive infrastructure supporting 5G technology.

Current trends and advancements in the Automotive 5G Market include the development of innovative 5G-enabled automotive applications and services, partnerships between automotive manufacturers and telecommunications companies, growth of the aftermarket segment for retrofitting existing vehicles with 5G connectivity solutions, expansion of 5G network coverage and infrastructure, and integration of 5G technology with emerging trends such as electric vehicles and smart cities.

North America and Europe are expected to dominate the Automotive 5G Market, followed by Asia Pacific. These regions have advanced automotive infrastructure, high adoption rates of 5G technology, and significant investments in research and development.

Major challenges in the Automotive 5G Market include high initial costs associated with implementing 5G technology in vehicles, concerns regarding data security and privacy, limited availability of 5G network coverage in certain regions, compatibility issues with existing automotive systems and infrastructure, and regulatory hurdles related to spectrum allocation and licensing.
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