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21 12 2018 02

A new report from Juniper Research has revealed that more than 62 million vehicles will be capable of V2V (Vehicle-to-Vehicle) communication by 2023; rising from just over 1.1 million in 2019. This represents an average annual growth rate of 173 percent over these four years. V2V solutions enable low-latency communications between vehicles, notably for the purpose of driver safety.

The new study, “Consumer Connected Cars: Telematics, In-Vehicle Apps & Connected Car Commerce 2018-2023,” found that rollouts of 5G networks, anticipated to launch next year, will be the key accelerant behind the expansion of V2V communications. It predicted that automotive OEMs will gravitate toward 5G for V2V communication over other technologies; owing to its lower latency and high range.

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