Japan Vehicle-to-Device (V2D) Communication Market was valued at USD 0.7 Billion in 2022 and is projected to reach USD 2.9 Billion by 2030, growing at a CAGR of 19.9% from 2024 to 2030.
Japan's Vehicle-to-Device (V2D) Communication market is rapidly expanding as industries seek to leverage the power of connected technologies. The V2D communication framework allows vehicles to exchange real-time data with various devices, including smartphones, smart traffic systems, and infrastructure networks. This transformation is part of the broader trend toward smart transportation systems, with the automotive and telecommunication sectors spearheading the integration of V2D technologies.
One of the driving forces behind the adoption of V2D communication in Japan is the need for enhanced safety, traffic management, and convenience. For example, drivers can receive instant alerts regarding road conditions, traffic signals, or upcoming hazards. This fosters a safer driving experience and reduces congestion. According to recent reports, Japan's government is making significant strides in creating a regulatory framework that supports the growth of V2D systems, pushing the market to new heights.
Industries in Japan, particularly those in automotive and telecommunications, are focused on developing technologies that can optimize data flow between vehicles and external devices. The increasing demand for smart mobility solutions is contributing to the adoption of V2D. A critical aspect is the requirement for high-speed data transfer, with businesses preferring solutions that support high-performance connections such as 5G networks and low-latency communication protocols.
The V2D market's growth is also fueled by advancements in infrastructure. With Japan being a leader in innovation, the country is setting up smart city projects where vehicles can seamlessly interact with IoT-enabled systems. Additionally, industries are now prioritizing V2D in autonomous vehicles, where precise, real-time communication is vital for vehicle control and situational awareness.
The telecommunication industry, alongside the automotive sector, is making notable progress toward implementing V2D solutions. With Japan's 100 Gigabit Fiber Optic Transceiver market steadily evolving, industries are keen to adopt fiber-optic technology to ensure robust communication networks that can support V2D. The continuous push for better connectivity in urban environments makes the demand for V2D communication a key focal point for industrial growth.
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Tesla
Alphabet
Amazon
Cohda Wireless
Aptiv
Baidu
Intel
Mobileye
Bosch
Cisco
Continental AG
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Japan Vehicle-to-Device (V2D) Communication Market
Dedicated Short-Range Communication (DSRC)
Cellular Vehicle-to-Everything (C-V2X)
Wi-Fi and Bluetooth Technologies
Hybrid Communication Systems
Traffic Management Systems
In-Vehicle Infotainment Systems
Emergency Services and Safety Protocols
Navigation and Route Optimization
Passenger Cars
Commercial Vehicles
Public Transport Vehicles
Two-wheelers
Smartphones and Tablets
Wearable Devices
Smart Home Devices
Industrial Equipment
Individual Consumers
Fleet Operators
Public Transportation Authorities
Logistics and Delivery Services
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the Japan Vehicle-to-Device (V2D) Communication Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Japan Vehicle-to-Device (V2D) Communication Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan Vehicle-to-Device (V2D) Communication Market, By Type
6. Japan Vehicle-to-Device (V2D) Communication Market, By Application
7. Japan Vehicle-to-Device (V2D) Communication Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. Japan Vehicle-to-Device (V2D) Communication Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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