5G Will Shift C-V2X into High Gear

image
By 2035, 83 million 5G connected cars will be on the road, making them safer and greener
12 Mar 2020

While the commercial rollout of 5G for consumers is in full swing, the new generation of cellular connectivity will also have a transformative effect on roadways worldwide. Soon, in 2023, cars will start to communicate with each other to increase overall road safety and traffic. According to recent figures published by global tech advisory firm ABI Research, a total of 41 million 5G connected cars will already be on roads by 2030. That number will rise to 83 million 5G connected cars by 2035. By then, 5G connected cars will make up more than 75% of the total C-V2X equipped cars.

“These numbers underline the huge momentum for cellular connectivity, and particularly 5G, in the automotive sector,” says Leo Gergs, Research Analyst for 5G Markets at ABI Research. “As a consequence, we will see a rising number of automotive OEMs start developing C-V2X modules for their cars during 2020. We can then expect the first 5G connected cars on the roads in 2022.”

While leading car manufacturer Ford already announced new car models equipped with C-V2X for 2021, other automotive heavyweights like Audi, BMW, and Volkswagen have all partnered up with the likes of Ericsson, Huawei, and Nokia to commence large-scale trial projects to test the capabilities of cellular technology for connected car use cases. The results of these proof-of-concept projects are auspicious and show that, through enhancing traffic efficiency, 5G can reduce fuel consumption by up to one third. “More importantly, however, the sharing of sensor data will make overtaking much safer and will be critical to protecting vulnerable road users (such as pedestrians or cyclists). Therefore, bringing 5G-based cellular connectivity into cars will be critical in making the vision of zero road traffic deaths a reality,” Gergs emphasizes.

In total, ABI Research has quantified the contribution of 5G to global GDP to reach US$17 trillion by 2035. A large part of that global GDP will be through increasing the safety of road traffic, which will reduce health care expenditure drastically and take pressure off doctors and hospitals.

“To unlock all these benefits, public authorities and transportation infrastructure owners need to realize their responsibility to fund the installation of cellular networks and enable the widespread deployment of C-V2X to make road traffic safer and greener,” Gergs concludes. “Recent developments around the FCC’s decision to open up the 5.9 GHz frequency for C-V2X technology is a first step in the right direction. Now, other regulators need to follow. Furthermore, both infrastructure vendors and network operators need to wake up and work closely with automotive manufacturers to make 5G a success for connected cars.”

These findings are from ABI Research’s 5G in Automotive and Smart Transportation application analysis report. This report is part of the company’s 5G Markets research service, which includes research, data, and analyst insights. Based on extensive primary interviews, Application Analysis reports present in-depth analysis on key market trends and factors for a specific technology.

About ABI Research

ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.

ABI Research 是一家全球性的技术情报公司,拥有得天独厚的优势,充当终端市场公司和技术解决方案提供商之间的桥梁,通过提供独家研究和专业性指导,推动成功的技术实施和提供经证明可吸引和留住客户的战略,无缝连接这两大主体。

For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.

Contact ABI Research

Media Contacts

Americas: +1.516.624.2542
Europe: +44.(0).203.326.0142
Asia: +65 6950.5670

Related Research

Related Service