GCC Vehicle-to-Vehicle (V2V) Communication Market Insight: Industry Size, Growth & Trends From 2023-2028
Markntel Advisors’ report, GCC Vehicle-to-Vehicle (V2V) Communication Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2028, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the GCC Vehicle-to-Vehicle (V2V) Communication presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.
GCC Vehicle-to-Vehicle (V2V) Communication Market Industry Research Report & Market Summary:
The GCC Vehicle-to-Vehicle (V2V) Communication market is projected to grow at a CAGR of around 3.58% during the forecast period, i.e., 2023-28. The growth is attributed to the rising focus of the GCC nations to adopt digitalized & advanced cellular-based technologies in various industrial verticals, including automotive. Regional countries such as the UAE & Saudi Arabia are expected to register higher growth rates & hold a significant market share due to the growing uptake of the national governments & automotive manufacturers to boost the production activities of autonomous vehicles & boost their deployment in the national transportation services.
✅In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.
If you’re interested in the assumptions considered in this study, you can download the PDF brochure- https://www.marknteladvisors.com/query/request-sample/gcc-v2v-communication-market.html
GCC Vehicle-to-Vehicle (V2V) Communication Market Dynamics:
Key Driver-
Increasing Initiatives of the Government to Minimize Road Accidents
GCC governments are encouraging the use of vehicle-to-vehicle communication technologies to improve road safety, reduce traffic congestion, and enhance the overall efficiency of transportation systems. This is because V2V communication permits vehicles to interact with each other in real-time, which can provide drivers with warning of potential accidents or hazards on the road & aids in minimizing the number of mishaps & fatalities on the roadways.
GCC Vehicle-to-Vehicle (V2V) Communication Market Segmentation Analysis:
According to MarkNtel study the market is segmented into the following categories:
By Connectivity Type
- Dedicated Short-Range Communication (DSRC)
- Cellular-based
- Others (WiFi and Bluetooth, etc.)
Here, Dedicated Short Range Communication (DSRC) captured a larger share in the GCC Vehicle-to-Vehicle (V2V) Communication market historically & the same trend is anticipated to continue in the upcoming years as well.
By Vehicle Type
- Passenger Cars
- Commercial Vehicles
Commercial Vehicles are likely to witness higher demand for V2V communication compared to passenger vehicles. This is because commercial vehicles, such as trucks & buses, often travel long distances on highways & frequently encounter various safety & traffic-related issues, such as congestion, accidents, and road closures.
By Deployment Type
- OEM
- Aftermarket
By Application
- Collision Avoidance
- Traffic Management
- Infotainment
- Others (Emergency Vehicle warning, Intersection Safety, etc.)
By Country
- Saudi Arabia
- The UAE
- Qatar
- Kuwait
- Bahrain
Off all the countries across the GCC region, Saudi Arabia is anticipated to hold a substantial share in the GCC Vehicle-to-Vehicle (V2V) Communication market during the forecast period.
As indicated in the latest market research report published by Markntel Advisors, “GCC Vehicle-to-Vehicle (V2V) Communication Research Report: Forecast (2023-2028)”, this report offers a detailed analysis of the industry, featuring insights into the GCC Vehicle-to-Vehicle (V2V) Communication. It encompasses competitor and geographical analyses, as well as recent advancements in the market.
Browse Full Report Along with TOC and Figures – https://www.marknteladvisors.com/research-library/gcc-v2v-communication-market.html
Top Companies Operating in the GCC Vehicle-to-Vehicle (V2V) Communication Market:
- Etrans Solutions
- Qualcomm
- Cisco Systems Inc.
- Delphi Automotive Plc.
- Autotalks
- DENSO Corporation
- Kapsh Group
- Savari Inc.
- Infenion Technologies AG
- Lear Corporation
- Others.
Note – If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
*Reports Delivery Format – Market research studies from MarkNtel Advisors are offered in PDF, Excel, and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address*
Other Report:
- https://pando.life/article/706937
- https://pando.life/article/706936
- https://pando.life/article/706935
- https://pando.life/article/706934
- https://pando.life/article/706933
Key Report Highlights:
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
Frequently Asked Questions (FAQs)-
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What leading factors would propel and impede the industry across the geography?
- How has the industry been evolving in terms of geography & GCC Vehicle-to-Vehicle (V2V) Communication Market adoption?
- How has the competition been shaping up across the geography?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
About Us –
We are a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
Contact Us –
Call + +1 628 895 8081, +91 120 4278433
Email: sales@marknteladvisors.com
Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511
Address Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India
