Global Market Assessment of 5G Technology in Automotive and Smart Transportation by Solution, Application, Industry, and Region: Forecasts to 2035
Overview:
The global 5G in Automotive and Smart Transportation Market is poised for substantial growth between 2025 and 2035. Initial market valuations in 2025 are estimated at USD 3,465.2 million, and projections indicate a climb to USD 49,229.5 million by 2035. This expansion is fueled by the increasing demand for enhanced connectivity and real-time data processing across the transportation ecosystem.
A compound annual growth rate (CAGR) of 19.2% is anticipated from 2025 to 2035, driven by technological advancements and infrastructure developments that support 5G deployment. The automotive sector is undergoing a transformation with the advent of autonomous vehicles, connected services, and advanced driver-assistance systems (ADAS), all heavily reliant on the capabilities of 5G networks.
Smart transportation initiatives, including intelligent traffic management systems and connected public transport, are also contributing to market growth. These applications require high bandwidth, low latency, and reliable connectivity, which 5G technology can provide.
The regional dynamics of the market show strong growth potential across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Key players such as Qualcomm, Huawei, Ericsson, and Nokia are at the forefront of driving innovation and deployment in this space.
Investments in research and development, strategic collaborations, and supportive regulatory frameworks are accelerating the adoption of 5G in automotive and smart transportation. The market’s progression is also influenced by the increasing focus on sustainable and efficient transportation solutions.
As 5G infrastructure expands and becomes more accessible, its integration into automotive and smart transportation systems will result in more efficient, safer, and connected mobility solutions.
Year On Year Growth Chart
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| Report Attribute | Details |
|---|---|
| Market Size in 2025 | USD 3,465.2 million |
| Revenue Forecast for 2035 | USD 49,229.5 million |
| Growth Rate (CAGR) | 19.2% from 2025 to 2035 |
| Base Year for Estimation | 2024 |
| Historical Data | 2020 – 2024 |
| Forecast Period | 2025 – 2035 |
| Quantitative Units | Revenue in USD million/billion and CAGR from 2025 to 2035 |
| Report Coverage | Revenue forecast, company market share, competitive landscape, growth factors, and trends |
| Covered Segments | Solution, application, industry, and region |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, MEA |
| Country Scope | U.S., Canada, Mexico, U.K., Germany, Italy, Poland, China, India, Japan, Australia, South Korea, Brazil, UAE, KSA, South Africa |
| Key Companies Analyzed | Qualcomm, Huawei, Ericsson, Nokia, Intel, Samsung Electronics, Cisco Systems, ZTE Corporation, NEC Corporation, IBM |
| Customization Options | Free report customization (up to 8 analysts working days) with purchase. Changes to country, regional, and segment scope |
| Pricing and Purchase Options | Customizable purchase options for tailored research needs |
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Key Companies Market Share
Report Coverage & Deliverables
- Market Trends And Dynamics
- Competitve Benchmarking
- Historical data and forecasts
- Value/Volume analysis
- Company revenue shares and key strategies
- Regional opportunities
This is an indicative segmentation. Please request a sample report to see detail segmentation of this market.
Detailed Market Segmentation
- By Solution Type
- Telematics Units
- Roadside Units (RSUs)
- Onboard Units (OBUs)
- Software Solutions
- By Application
- Autonomous Driving
- Connected Vehicle Services
- Traffic Management
- Remote Monitoring
- Emergency Response
- By Industry
- Automotive
- Public Transportation
- Logistics & Supply Chain
- Smart Infrastructure
- By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
Table of Content
- Executive Summary
- Market Overview
- Key Market Trends
- Growth Drivers and Restraints
- Market Segmentation
- By Solution Type
- By Application
- By Industry
- Regional Analysis
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
- Market Size and Forecast, 2025-2035
- By Solution Type
- By Application
- By Industry
- By Region
- Competitive Landscape
- Market Share Analysis
- Key Player Profiles
- Technology Trends
- 5G NR
- Network Slicing
- MEC
- Regulatory Framework
- Investment Analysis
- Use Cases in Automotive
- Use Cases in Smart Transportation
- Future Outlook
- Research Methodology
- Assumptions and Limitations