China completes demo testing of C-V2X in Shanghai

On October 27th, the 2020 C-V2X Application Demonstration Activity for Smart Connected Vehicles was held in Jiading District, Shanghai.

Over 40 domestic and foreign vehicle companies, 40 plus terminal companies, 20+ information security companies, 10 chip module companies, 5 image companies, and 5 location service providers participated in the event.

Vehicle to Everything (V2X) is a new generation of communication technology that connects vehicles with everything.

V stands for vehicle and X stands for any object that interacts with the vehicle.

Currently, it mainly includes vehicles, pedestrians, traffic, roadside infrastructures, and networks.

The C in C-V2X refers to Cellular, which is a wireless communication technology for vehicles based on the evolution of cellular network communication technologies like 3G/4G/5G.

It includes two communication interfaces: the short distance direct communication interface interacts with cars, people, and roads. The other is the communication interface used between the terminal and the base station, which can achieve long-distance, long-range reliable communications.

According to data from CCID Consulting, the scale of the Internet of Vehicles market in 2019 exceeded $28.3 billion USD, and the number of users was nearly 30 million units. It is expected that the market size will exceed 45 million units by 2022.

With the further development of the Internet of Vehicles technology, China Internet of Vehicles The market scale continues to expand, and it is expected to exceed $30.5 billion USD in 2020. It is estimated that the market size will reach 17.1 billion USD by 2021, with a compound annual growth rate of approximately 28.1%.