Markntel Advisors, a leading consulting, data analytics, and market research firm, recently published an analytical report description that describes the recent achievements and developments of prominent players including new launching of innovative products, strategic collaborations, or partnerships, that bolster the growth of the GCC Vehicle-to-Vehicle (V2V) Communication market. The research report on the GCC Vehicle-to-Vehicle (V2V) Communication Market presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts.
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The report further comprises, “GCC Vehicle-to-Vehicle (V2V) Communication Market Research Report: Forecast (2023-2028)”,
The market is projected to grow at a CAGR of around 3.58% during the forecast period, i.e., 2023-28.
Download the PDF Sample Copy (Including FULL TOC, Graphs, and Tables) of this Report – https://www.marknteladvisors.com/query/request-sample/gcc-v2v-communication-market.html
Possible Restraint: Potential Threat of Cyberattacks to Restrict the Growth
With the surging integration of various software in autonomous & electric vehicles, the threat of cybersecurity breaches has widely increased, thereby leading to slower adoption of vehicle-to-vehicle communication. The technological systems employ a wide range of software & networking options, including sensors & information technology-based solutions, to generate statistics related to traffic & accidents, etc., to be used by the drivers for efficient & low-risk transportation.
As a result of the likelihood of this software being hacked, as all vehicle-related data is stored in cloud-based services, there has been a surge in data breaches, raising security worries among car makers and individuals preferring to use autonomous services. This has made it difficult for suppliers of this communication technology services to maintain a level of security to promote efficient & effective transportation while also engaging in R&D operations to introduce new technology, thus negatively impacting the market growth.
GCC Vehicle-to-Vehicle (V2V) Communication Market Analysis Based On Segment, Geography
The GCC Vehicle-to-Vehicle (V2V) Communication market is segmented into significant segments based on:
By Connectivity Type
-Dedicated Short-Range Communication (DSRC)
-Cellular-based
-Others (WiFi and Bluetooth, etc.)
By Vehicle Type
-Passenger Cars
-Commercial Vehicles
By Deployment Type
-OEM
-Aftermarket
By Application
-Collision Avoidance
-Traffic Management
-Infotainment
-Others (Emergency Vehicle warning, Intersection Safety, etc.)
By Country
-Saudi Arabia
-The UAE
-Qatar
-Kuwait
-Bahrain
-Oman.
Top Companies Essentially Working in GCC Vehicle-to-Vehicle (V2V) Communication Market
Etrans Solutions, Qualcomm, Cisco Systems Inc., Delphi Automotive Plc., Autotalks, DENSO Corporation, Kapsh Group, Savari Inc., Infenion Technologies AG, Lear Corporation, Others.
Frequently Asked Questions (FAQs)-
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What leading factors would propel and impede the industry across the geography?
- How has the industry been evolving in terms of geography & GCC Vehicle-to-Vehicle (V2V) Communication adoption?
- How has the competition been shaping up across the geography?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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