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Cellular Vehicle-To-Everything (C-V2X) Roadside Unit Market Revenue Outlook: What CAGR Lies Ahead Through 2030?
The cellular vehicle-to-everything (c-v2x) roadside unit market size has grown exponentially in recent years. It will grow from $1.29 billion in 2025 to $1.57 billion in 2026 at a compound annual growth rate (CAGR) of 22.2%. The growth in the historic period can be attributed to intelligent transport initiatives, traffic safety programs, pilot connected vehicle projects, urban congestion management, telecom infrastructure development.
The cellular vehicle-to-everything (c-v2x) roadside unit market size is expected to see exponential growth in the next few years. It will grow to $3.47 billion in 2030 at a compound annual growth rate (CAGR) of 21.9%. The growth in the forecast period can be attributed to smart city investments, autonomous vehicle rollout, 5g network expansion, demand for real-time traffic intelligence, government mandates for connected roads. Major trends in the forecast period include deployment of smart road infrastructure, expansion of connected traffic systems, integration with autonomous vehicles, growth of real-time traffic analytics, adoption of edge computing in rsus.
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Cellular Vehicle-To-Everything (C-V2X) Roadside Unit Market Growth Catalysts And Demand Drivers
The rising automotive traffic volumes are expected to propel the growth of the cellular vehicle-to-everything (C-V2X) roadside unit market going forward. Automotive traffic refers to the movement of motor vehicles on roads and highways, including their volume, speed, and flow patterns. Automotive traffic volumes are steadily increasing as many people are forced to rely on personal vehicles for their daily commutes and errands, owing to the limited availability, inefficiency, and inconvenience of existing public transportation systems. Cellular vehicle-to-everything (C-V2X) roadside units help manage automotive traffic by enabling real-time communication between vehicles and infrastructure, improving traffic flow, safety, and congestion control. For instance, in June 2025, according to the Department for Transport, a UK-based government department, compared with 2024, car traffic rose by 1.9% from 2023 to 256.1 billion vehicle miles, bus and coach traffic grew by 1.7% to 2.0 billion vehicle miles, and motorcycle traffic increased by 3.5% to 3.0 billion vehicle miles. Therefore, rising automotive traffic volumes are driving the growth of the cellular vehicle-to-everything (C-V2X) roadside unit market.
Cellular Vehicle-To-Everything (C-V2X) Roadside Unit Market Segmentation: How Does The Market Break Down By Category?
The cellular vehicle-to-everything (c-v2x) roadside unit market covered in this report is segmented –
1) By Component: Hardware, Software, Services
2) By Vehicle Type: Passenger Vehicles, Commercial Vehicles, Heavy Duty Vehicles
3) By Technology: Cellular-Based Cellular Vehicle-To-Everything (C-V2X), Direct Communication Cellular Vehicle-To-Everything (C-V2X)
4) By Application: Traffic Management, Safety Services, Autonomous Driving, Fleet Management, Other Applications
5) By End-User: Transportation, Automotive, Smart Cities, Other End-Users
Subsegments:
1) By Hardware: Antenna Systems, Communication Modules, Processing Units, Power Supply Units, Sensor Devices
2) By Software: Traffic Management Software, Network Security Software, Data Analytics Software, Vehicle Communication Software, Monitoring And Control Software
3) By Services: Installation Services, Maintenance Services, Consulting Services, Training Services, Technical Support Services
Cellular Vehicle-To-Everything (C-V2X) Roadside Unit Market Trends Shaping Long-Term Demand
Major companies operating in the cellular vehicle-to-everything (C-V2X) roadside unit market are focusing on acquiring certificates to maintain streets and highways. Certificates are formal documents that verify an individual’s completion, qualification, or compliance with a particular standard or requirement. For instance, in July 2024, Applied Information, a US-based technology company, received FCC certification for its Glance C-V2X Roadside Unit. The Glance system is preloaded with safety and convenience applications, removing the need for costly setup and customization. When linked to traffic signals, it supports functions such as emergency vehicle preemption, transit signal priority, red-light violation alerts, and Get Ready for Green notifications. The system features a distinctive near-ground installation design and offers over-the-air software updates along with cloud-based infrastructure monitoring via the Glance platform.
Cellular Vehicle-To-Everything (C-V2X) Roadside Unit Market Competitive Overview And Top Companies
Major companies operating in the cellular vehicle-to-everything (c-v2x) roadside unit market report include DENSO Corporation, Qualcomm Incorporated, NEC Corporation, ZTE Corporation, Harman International Industries Inc., Keysight Technologies Inc., Quectel Wireless Solutions Co. Ltd., Neusoft Corporation, U-blox AG, Kapsch TrafficCom AG, Q-Free ASA, Danlaw Inc., iWave Global Pvt. Ltd., Swarco AG, Commsignia Ltd., Marben Products Inc., Gosuncn Technology Group Co. Ltd., Applied Information Inc., Unex Technology Corporation, Ettifos Inc., Nebulalink Inc., Yunex Traffic GmbH
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Cellular Vehicle-To-Everything (C-V2X) Roadside Unit Market Global Footprint: Which Region Leads The Market?
North America was the largest region in the cellular vehicle-to-everything (C-V2X) roadside unit market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cellular vehicle-to-everything (c-v2x) roadside unit market report include 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.
