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The Impact of COVID-19 is included in Vehicle To Vehicle (V2V) Communication Market. Buy it today to get an advantage.

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The future of the vehicular communication market looks promising with opportunities in the passenger cars, commercial vehicle, and electric vehicles markets. The global vehicular communication market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $60 billion by 2025 with a CAGR of 19% to 21% from 2020 to 2025. The major drivers for this market are growing concern for better traffic management, rising demand for real-time traffic congestion control for passenger safety, and increasing use of artificial intelligence in vehicles.

 

Emerging trends, which have a direct impact on the dynamics of the industry, include integration of predictive vehicle maintenance using real-time monitoring and development of artificial intelligence with vehicular infotainment system. 

 
A total of 118 figures / charts and 92 tables are provided in this 225 -page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of vehicular communication market report download the report brochure.