Automotive V2X Market is expected to witness significant to 2025

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Automotive V2X Market is set to see healthy CAGR
during 2018 to 2024 Global Market Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Regional Analysis of Automotive V2X Market

• The communication mechanisms used for V2X
  communications are Vehicle to Pedestrian (V2P),
  Vehicle to Grid (V2G), Vehicle to Cloud (V2C),
  Vehicle to Vehicle (V2V), Vehicle to
  Infrastructure (V2I), and Vehicle to Device
  (V2D). The V2C communication mechanism helps
  vehicle owners, auto manufacturers, dealers,
  traffic authorities, network operators, and
  repair shops to interact with each other,
  enhancing their overall driving experience, while
  simultaneously improving road safety. The V2I
  mechanism allows wireless and bi-directional
  communication between infrastructure components,
  such as road signs, lane markings, and traffic
  lights, and the automobile. The automakers are
  increasingly investing in V2I technology to
  incorporate smart driving features in cars such
  as cruise control and lane keeping.
• Dedicated Short Range Communication (DSRC)
  technology is being increasingly used in
  autonomous vehicles to enable high data
  transmission speeds and paramount in various
  active safety applications. The regulatory
  authorities in developed nations including the
  U.S. have introduced various guidelines for use
  of the DSRC technology in V2X applications. This
  has further promoted its usage in autonomous
  vehicles to comply with various vehicle-related
  safety and mobility issues.

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• Application Analysis of Automotive V2X Market
• Botnet detection solutions are used in various
  industries including BFSI, IT Telecom, media
  and entertainment, healthcare, government, and
  defense. In the BFSI sector, botnets generally
  target small banks and credit unions. Due to the
  growing popularity of mobile banking and payment
  services, there is a consistent growth in the
  number of attacks on mobile platforms that are
  aided by advancements in bypassing modern
  authentication methodologies such as Transaction
  Authentication Number (TANs) and Two-factor
  Authentication (2FA).
• The growing concerns related to the theft of
  critical financial records of the customers are
  prompting banking institutions to deploy stronger
  botnet detection solutions throughout their
  networks. With rapid technological advancements
  in banking trojans, companies in the Automotive
  V2X Market are engaged in developing robust
  solutions for the BFSI sector.

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Competitive Market Share of Automotive V2X
Market

• Major players in the automotive V2X market are
  continental, Delphi Automotive, Intel, NXP
  Semiconductors, Qualcomm, Intel, Autotalks, Audi,
  TomTom, Robert Bosch, Infineon Technology,
  Daimler, and Harman International. The players
  operating in the space are collaborating with
  automakers to integrate their products into
  vehicles. For instance, in June 2018, Cadillac
  Inc., an automotive company owned by General
  Motors, announced that it is going to launch its
  V2X systems in its high-volume cross over cars by
  2023. Similarly, Audi is presenting its V2I
  (Vehicle to infrastructure) Traffic Light
  Information technology in Europe. Audi stated
  that from July 2019 onwards it will equip its new
  models with traffic lights in Germany. This
  system will allow Audi drivers to see exactly
  what speed they must maintain to reach to the
  next traffic light in green.
• The companies present in the automotive V2X
  market are collaborating with other players
  working on the automotive V2X technology to
  expand their product portfolio and gain a market
  share.

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