North America, Europe and China Lead Vehicle-to-Everything Adoption as OEMs Partner with Mobile Network Operators

Frost & Sullivan's recent analysis, Strategic Analysis of the Global Vehicle-to-Everything (V2X) Market, Forecast to 2025, finds that V2X sales across the globe are projected to rise. In North America, sales are estimated to reach US$1.12 billion by 2025, while Europe and China are forecasted to reach US$3.29 billion and US$6.27 billion, respectively. Most regions prefer cellular vehicle-to-everything (C-V2X) over dedicated short-range communication (DSRC) because the technology will see a commercial launch in 2021 with cellular LTE-based network access as 5G is not yet fully implemented. Gurumurthy added: "V2X adoption in North America is largely driven by original equipment manufacturers (OEMs), mobile network operators (MNOs), and the 5G Automotive Association (5GAA).