GCC Vehicle-to-Vehicle (V2V) Communication Market In-Depth Outlook Size, Share & Major Stakeholders

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How Big is the GCC Vehicle-to-Vehicle (V2V) Communication Market? 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. Market Statistics
  • Market Growth Rate (CAGR): 3.58% from 2023-2028
If you’re interested in the assumptions considered in this study, you can download the PDF brochure- GCC Vehicle-to-Vehicle (V2V) Communication Market Insight: 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. The region is experiencing rapid urbanization, which is leading to increased traffic congestion & accidents. This technology can help to reduce these mishappenings by providing real-time traffic updates & rerouting suggestions. Additionally, the environmental benefits associated with this technology which include reducing the time that vehicles spend on the road & improving the efficiency of the transportation system, are further encouraging the government to promote the deployment of this communication technology in vehicles across the region.  GCC Vehicle-to-Vehicle (V2V) Communication Market Segmentation: The report has segmented the market into the following categories: By Connectivity Type
  • Dedicated Short-Range Communication (DSRC)
  • Cellular-based
  • Others (WiFi and Bluetooth, etc.)
By Vehicle Type
  • Passenger Cars
  • Commercial Vehicles
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
  • Oman.
Browse Full Report Along with TOC and Figures – https://www.marknteladvisors.com/research-library/gcc-v2v-communication-market.html Competitive Landscape:
  • Etrans Solutions
  • Qualcomm
  • Cisco Systems Inc.
  • Delphi Automotive Plc.
  • Autotalks
  • DENSO Corporation
  • Kapsh Group
  • Savari Inc.
  • Infenion Technologies AG
  • Lear Corporation
  • Others.
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant. *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* Key Highlights of the Report:
  • Market Performance (2023-2028)
  • Strategic Recommendations
  • Current, Historical and Future Market Trends
  • Market Drivers and Leading Competitor
  • SWOT Analysis
  • Structure of the Market
  • Comprehensive Mapping and Recent Advancement
Other Report:

·        Automotive Multifunction Display Market | CAGR of 5.57% By 2028

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