5G in Automotive and Smart Transportation Market Size, Share, and Trends 2024 to 2034

The global 5G in automotive and smart transportation market size is accounted at USD 3.31 billion in 2025 and is forecasted to hit around USD 31.18 billion by 2034, representing a double-digit CAGR of 28.32% from 2025 to 2034. The Asia Pacific market size was estimated at USD 830 million in 2024 and is expanding at a CAGR of 28.43% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : December 2024
  • Report Code : 5397
  • Category : ICT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on 5G in Automotive and Smart Transportation Market 

5.1. COVID-19 Landscape: 5G in Automotive and Smart Transportation Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global 5G in Automotive and Smart Transportation Market, By Solution

8.1. 5G in Automotive and Smart Transportation Market, by Solution, 2025-2034

8.1.1 Hardware Components

8.1.1.1. Market Revenue and Forecast (2022-2034)

8.1.2. Software Solutions

8.1.2.1. Market Revenue and Forecast (2022-2034)

8.1.3. Services

8.1.3.1. Market Revenue and Forecast (2022-2034)

Chapter 9. Global 5G in Automotive and Smart Transportation Market, By Application

9.1. 5G in Automotive and Smart Transportation Market, by Application, 2025-2034

9.1.1. Vehicle-to-everything (v2x)

9.1.1.1. Market Revenue and Forecast (2022-2034)

9.1.2. Infotainment and Telematics

9.1.2.1. Market Revenue and Forecast (2022-2034)

9.1.3. Fleet Management

9.1.3.1. Market Revenue and Forecast (2022-2034)

Chapter 10. Global 5G in Automotive and Smart Transportation Market, By End-user

10.1. 5G in Automotive and Smart Transportation Market, by End-user, 2025-2034

10.1.1. Automotive

10.1.1.1. Market Revenue and Forecast (2022-2034)

10.1.2. Defense

10.1.2.1. Market Revenue and Forecast (2022-2034)

10.1.3. Transportation Infrastructure

10.1.3.1. Market Revenue and Forecast (2022-2034)

10.1.4. Warehousing and Logistics

10.1.4.1. Market Revenue and Forecast (2022-2034)

10.1.5. Public Safety

10.1.5.1. Market Revenue and Forecast (2022-2034)

10.1.6. Others

10.1.6.1. Market Revenue and Forecast (2022-2034)

Chapter 11. Global 5G in Automotive and Smart Transportation Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Solution (2022-2034)

11.1.2. Market Revenue and Forecast, by Application (2022-2034)

11.1.3. Market Revenue and Forecast, by End-user (2022-2034)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Solution (2022-2034)

11.1.4.2. Market Revenue and Forecast, by Application (2022-2034)

11.1.4.3. Market Revenue and Forecast, by End-user (2022-2034)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Solution (2022-2034)

11.1.5.2. Market Revenue and Forecast, by Application (2022-2034)

11.1.5.3. Market Revenue and Forecast, by End-user (2022-2034)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Solution (2022-2034)

11.2.2. Market Revenue and Forecast, by Application (2022-2034)

11.2.3. Market Revenue and Forecast, by End-user (2022-2034)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Solution (2022-2034)

11.2.4.2. Market Revenue and Forecast, by Application (2022-2034)

11.2.4.3. Market Revenue and Forecast, by End-user (2022-2034)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Solution (2022-2034)

11.2.5.2. Market Revenue and Forecast, by Application (2022-2034)

11.2.5.3. Market Revenue and Forecast, by End-user (2022-2034)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Solution (2022-2034)

11.2.6.2. Market Revenue and Forecast, by Application (2022-2034)

11.2.6.3. Market Revenue and Forecast, by End-user (2022-2034)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Solution (2022-2034)

11.2.7.2. Market Revenue and Forecast, by Application (2022-2034)

11.2.7.3. Market Revenue and Forecast, by End-user (2022-2034)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Solution (2022-2034)

11.3.2. Market Revenue and Forecast, by Application (2022-2034)

11.3.3. Market Revenue and Forecast, by End-user (2022-2034)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Solution (2022-2034)

11.3.4.2. Market Revenue and Forecast, by Application (2022-2034)

11.3.4.3. Market Revenue and Forecast, by End-user (2022-2034)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Solution (2022-2034)

11.3.5.2. Market Revenue and Forecast, by Application (2022-2034)

11.3.5.3. Market Revenue and Forecast, by End-user (2022-2034)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Solution (2022-2034)

11.3.6.2. Market Revenue and Forecast, by Application (2022-2034)

11.3.6.3. Market Revenue and Forecast, by End-user (2022-2034)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Solution (2022-2034)

11.3.7.2. Market Revenue and Forecast, by Application (2022-2034)

11.3.7.3. Market Revenue and Forecast, by End-user (2022-2034)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Solution (2022-2034)

11.4.2. Market Revenue and Forecast, by Application (2022-2034)

11.4.3. Market Revenue and Forecast, by End-user (2022-2034)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Solution (2022-2034)

11.4.4.2. Market Revenue and Forecast, by Application (2022-2034)

11.4.4.3. Market Revenue and Forecast, by End-user (2022-2034)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Solution (2022-2034)

11.4.5.2. Market Revenue and Forecast, by Application (2022-2034)

11.4.5.3. Market Revenue and Forecast, by End-user (2022-2034)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Solution (2022-2034)

11.4.6.2. Market Revenue and Forecast, by Application (2022-2034)

11.4.6.3. Market Revenue and Forecast, by End-user (2022-2034)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Solution (2022-2034)

11.4.7.2. Market Revenue and Forecast, by Application (2022-2034)

11.4.7.3. Market Revenue and Forecast, by End-user (2022-2034)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Solution (2022-2034)

11.5.2. Market Revenue and Forecast, by Application (2022-2034)

11.5.3. Market Revenue and Forecast, by End-user (2022-2034)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Solution (2022-2034)

11.5.4.2. Market Revenue and Forecast, by Application (2022-2034)

11.5.4.3. Market Revenue and Forecast, by End-user (2022-2034)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Solution (2022-2034)

11.5.5.2. Market Revenue and Forecast, by Application (2022-2034)

11.5.5.3. Market Revenue and Forecast, by End-user (2022-2034)

Chapter 12. Company Profiles

12.1. Audi Group

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. BMW Group

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Qualcomm Technologies Inc.

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Vodafone Limited

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Daimler AG

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Volkswagen

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Telefonica S.A.

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Verizon

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Mercedes-Benz

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Huawei Device Co. Ltd.

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Frequently Asked Questions

The global 5G in automotive and smart transportation market size is expected to grow from USD 2.58 billion in 2024 to USD 31.18 billion by 2034.

The 5G in automotive and smart transportation market is anticipated to grow at a CAGR of 28.32% between 2025 and 2034.

The major players operating in the 5G in automotive and smart transportation market are Audi Group, BMW Group, Qualcomm Technologies Inc., Vodafone Limited, Daimler AG, Volkswagen, Telefónica S.A., Verizon, Mercedes-Benz, Huawei Device Co. Ltd., Robert Bosch GmbH, Deutsche Telekom AG, Telefonaktiebolaget LM Ericsson, Nokia, and Others.

The driving factors of the 5G in automotive and smart transportation market are the increasing demand for connected vehicles.

Asia Pacific region will lead the global 5G in automotive and smart transportation market during the forecast period 2025 to 2034.

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