MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled GCC Vehicle-to-Vehicle (V2V) Communication Market Research Report: Forecast (2023-2028). This report provides a detailed assessment of the GCC Vehicle-to-Vehicle (V2V) Communication Market, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.

Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.

Market Timeline Overview

  • Historical Years: 2018-21
  • Base Years: 2022
  • Forecast year - 2023-2028

This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.

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 2026 to 2032, 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.

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GCC Vehicle-to-Vehicle (V2V) Communication Market Outlook

According to the report, 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.

The report also examines consumer preferences, regulatory impacts, and investment trends that will shape the market’s trajectory over the next decade.

GCC Vehicle-to-Vehicle (V2V) Communication Market Drivers:

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.

View Full Report (All Data, In One Place): https://www.marknteladvisors.com/research-library/gcc-v2v-communication-market.html  (Explore in-depth analyses, technological trends, and investment patterns.)

GCC Vehicle-to-Vehicle (V2V) Communication Market Trends:

Surging Adoption of Connected Cars to Shape the Market

The adoption of connected cars by the government of GCC nations, such as the UAE & Saudi Arabia, is driving the demand for V2V communication in the GCC region as it allows for enhanced road safety, improved traffic management, and reduced congestion. For instance:

  • In 2021, the government of the United Arab Emirates announced the deployment of over 4,000 self-driving vehicles by 2030, which would be manufactured by Cruise, as part of the agreement signed between Dubai's Roads and Transport Authority & Cruise.

GCC Vehicle-to-Vehicle (V2V) Communication Market Segmentation

The study categorizes the GCC Vehicle-to-Vehicle (V2V) Communication Market into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.

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.)

Geographical Analysis

The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:

By Country

  • Saudi Arabia
  • The UAE
  • Qatar
  • Kuwait
  • Bahrain
  • Oman

Talk to Our Industry Analyst: https://www.marknteladvisors.com/query/talk-to-our-consultant/gcc-v2v-communication-market.html  Get personalized insights into company strategies and regional market dynamics.)

Leading Companies in GCC Vehicle-to-Vehicle (V2V) Communication Market Worldwide: Players, Analysis & Future Outlook

Some of the prominent players operating in the market include Etrans Solutions, Qualcomm, Cisco Systems Inc., Delphi Automotive Plc., Autotalks, DENSO Corporation, Kapsh Group, Savari Inc., Infenion Technologies AG and Lear Corporation, and Others are the top companies in the GCC Vehicle-to-Vehicle (V2V) Communication Market.

Key Highlights of the Report

  • Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2023 to 2028.
  • Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.
  • Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
  • Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.

Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences

Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/gcc-v2v-communication-market.html  

Frequently Asked Questions (FAQ)

1. What is the projected growth rate of the GCC Vehicle-to-Vehicle (V2V) Communication Market?
2. What are the major factors driving this market’s growth?
3. Which regions are expected to lead the GCC Vehicle-to-Vehicle (V2V) Communication Market?
4. Who are the prominent players in the GCC Vehicle-to-Vehicle (V2V) Communication Market?
5. How is the competition structured in this market?
6. How can I access the full report?

About Us

MarkNtel Advisors is a leading research and consulting firm providing strategic intelligence across the automotive industry, spanning automobiles, electric vehicles, autonomous driving, and automotive components & electronics. Our research helps OEMs, suppliers, and investors navigate regulatory shifts, evolving mobility patterns, and emerging EV ecosystems. With Custom Market Analysis, we deliver tailored research solutions that address specific business objectives, empowering clients to optimize investments, accelerate innovation, and sustain long-term growth in the global automotive market.

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