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Vehicle-To-Infrastructure (V2I) Communication Market Revenue Outlook: What CAGR Is Expected Through 2030?
The vehicle-to-infrastructure (V2I) communication market has experienced remarkable growth in recent years, with its scale expanding from $0.71 billion in 2025 to $0.95 billion in 2026, reflecting a compound annual growth rate (CAGR) of 34.1%. This historic period expansion was driven by the broadening of intelligent transportation systems, higher levels of urban traffic congestion, the initial implementation of connected vehicle pilot programs, greater government funding allocated to smart road initiatives, and the establishment of roadside communication networks.
The vehicle-to-infrastructure (V2I) communication market is poised for rapid expansion in the coming years. By 2030, its value is projected to reach $2.58 billion, reflecting a compound annual growth rate (CAGR) of 28.6%. This forecasted rise is driven by factors such as the accelerated deployment of autonomous vehicle infrastructure, increased investments in smart city transportation systems, the expansion of 5G-enabled V2I networks, heightened demand for real-time traffic optimization, and greater integration with electric vehicle ecosystems. Key developments expected during this period encompass the widespread installation of smart traffic signal systems, a growing reliance on real-time traffic data exchange, the increased implementation of edge-based roadside units, the extension of connected intersection technologies, and a stronger emphasis on improving traffic safety measures.
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Vehicle-To-Infrastructure (V2I) Communication Market Industry Drivers: What Is Driving Revenue Growth?
The rising incidence of car theft is anticipated to drive expansion in the vehicle-to-infrastructure (V2I) communication market in the coming years. Car theft refers to the unauthorized removal or stealing of motor vehicles without the owner’s permission or awareness. This increase in thefts is often driven by opportunistic factors, such as leaving keys in the ignition when the vehicle is unattended or parking in dimly lit areas. Vehicle-to-infrastructure (V2I) communication helps reduce car theft by offering real-time tracking, remote immobilization, improved security features, deterrence of theft attempts, and support for the swift recovery of stolen vehicles. For example, in February 2024, a report from the Equite Association, a national organization based in Canada, showed that car theft in Canada rose from 70,082 to 70,475, marking a 7.1% increase between 2022 and 2023. Consequently, the global rise in car theft is fueling growth in the vehicle-to-infrastructure (V2I) communication market.
Vehicle-To-Infrastructure (V2I) Communication Market Segments: Where Are The Largest Growth Opportunities?
The vehicle-to-infrastructure (v2i) communication market covered in this report is segmented –
1) By Component: Hardware, Software, Services
2) By Technology: Big Data Analytics, Smart Sensors
3) By Application: Dedicated Short Range Communication (DSRC), Cellular, Wi-Fi, WiMax, Bluetooth
Subsegments:
1) By Hardware: Onboard Units (Obus), Roadside Units (Rsus), Communication Modules, Sensors And Cameras
2) By Software: Communication Software, Data Analytics Software, Cloud Computing Software, Security Software
3) By Services: Installation And Maintenance Services, Consulting Services, Integration Services, Managed Services
#Vehicle-To-Infrastructure (V2I) Communication Market Growth Trends: What Is Influencing The Future Outlook?
Leading players in the vehicle-to-infrastructure (V2I) communication market are advancing road safety through innovative solutions that leverage cloud-based V2N data, delivering real-time warnings during critical traffic conditions via direct V2X while expanding connectivity through mobile networks. Cloud-based V2N data facilitates the gathering, processing, and cloud-based utilization of vehicle-to-network information to enable real-time communication, analytics, and informed decision-making. For instance, in September 2024, Commsignia, a US-based company specializing in vehicle-to-everything (V2X) and intelligent transportation systems, introduced its Hybrid Suite to unify V2N and V2X communications by integrating direct V2X with cloud-based V2N data. This platform offers real-time traffic notifications, enhances connectivity via mobile networks, and provides a single SDK for deployment on both existing and new infrastructure. By harmonizing data streams and protocols, it assists automotive manufacturers in achieving higher safety ratings, enables infrastructure operators to simplify integration, and allows mobile network operators to capitalize on 5G capabilities, establishing a scalable and interoperable ecosystem that improves traffic safety and efficiency on a global scale.
#Vehicle-To-Infrastructure (V2I) Communication Market Industry Leaders: Which Organizations Are Driving Competition?
Major companies operating in the vehicle-to-infrastructure (v2i) communication market are Toyota Motor Corp., Hitachi Ltd., Bosch Mobility Solutions, Cisco Systems Inc., DENSO Corporation, Qualcomm Technologies Inc., Continental AG, Magna International Inc., Nokia Corporation, Telefonaktiebolaget LM Ericsson, Aptiv PLC, NXP Semiconductors, Visteon Corporation, TransCore LP, SWARCO AG, Kapsch TrafficCom, Iteris Inc., Mitsubishi Electric Corporation, Econolite Group Inc., Autotalks Ltd., Commsignia Ltd., Cohda Wireless
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Vehicle-To-Infrastructure (V2I) Communication Market Regional Outlook: Where Are The Largest Opportunities Located?
North America was the largest region in the vehicle-to-infrastructure (V2I) communication market in 2025. The regions covered in the vehicle-to-infrastructure (v2i) communication market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.