DSRC Technology
The Global DSRC Technology Market reached US$ 1.4 billion in 2022 and is expected to reach US$ 16.9 billion by 2030, growing with a CAGR of 36.2 % during the forecast period 2024-2031.
The Dedicated Short-Range Communication market is making significant global strides in shaping the future of Intelligent Transportation Systems . DSRC technology’s reliability, low latency and proven performance are driving its adoption globally, facilitating vehicle-to-vehicle and vehicle-to-infrastructure communications. DSRC is instrumental in enhancing road safety, reducing traffic congestion and enabling advanced driver assistance systems.
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Key Industry Development-
✅ In February 2025, the Federal Communications Commission (FCC) issued public guidance under “DA 25-125,” formally initiating a transition period that requires existing DSRC-based ITS operations to switch to C‐V2X by December 14, 2026, signalling the end for new DSRC licenses and major regulatory support for the technology.
✅ In June 2025, Qualcomm acquired Autotalks Ltd. a key DSRC/V2X chipset vendor consolidating DSRC and 5G-V2X capabilities under its “Digital Chassis” platform, a move expected to push OEMs toward hybrid or next-gen connectivity solutions rather than pure DSRC hardware.
✅ In August 2025, the firm Cohda Wireless launched its new “MK6” V2X platform supporting DSRC, C-V2X, LTE/5G, Wi-Fi/Bluetooth targeting logistics, transit, and multimodal transport networks worldwide, indicating DSRC’s continuing relevance in mixed-technology deployments even as the broader market shifts.
✅ In March 2025, a major international traffic-management & tolling firm Kapsch TrafficCom AG secured a contract to deploy DSRC-based tolling infrastructure for a European city, reinforcing that DSRC remains in active use for tolling/ITS in certain regions despite growing C-V2X adoption globally.
Recent M&A :-
→ In January 2025, Cohda Wireless was acquired by one of its existing shareholders, Cisco, along with another existing shareholder, although the specific details of the transaction were not widely publicized at the time. This move consolidated ownership and allowed Cisco to further integrate Cohda’s DSRC and C-V2X vehicle connectivity technology into its networking and smart city portfolios.
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→ To visualize the global DSRC technology market segmentation based on type, transceiver, electromagnetic spectrum, frequency band, vehicle and region, as well as understand key commercial assets and players.
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Excel data sheet with numerous data points of DSRC technology market-level with all segments.
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Market Segmenatation-
→ By Type – Active DSRC, Passive DSRC
→ By Transceiver – On Board Unit, Roadside Unit
→ By Electromagnetic Spectrum – Microwave, Infrared
→ By Frequency Band – 5.8 GHZ, 5.11 GHZ, Others
→ By Vehicle – Passenger Vehicles, Commercial Vehicles, Aftermarket
Regional insights:-
→ North America – 38%
North America is the largest DSRC market thanks to early ITS/DSRC deployments, strong automotive OEM activity, and significant roadside unit (RSU) installations; however, recent U.S. regulatory moves favoring C-V2X are creating mixed signals for long-term DSRC growth.
→ Asia-Pacific – 29%
Asia-Pacific (China, Japan, South Korea and others) is rapidly expanding DSRC and other V2X pilots as part of smart-city and transport modernization programmes; APAC shows the fastest growth rate among regions in many forecasts.
→ Europe – 20%
Europe holds a stable share driven by ITS-G5/ETSI standards adoption, motorway safety projects, and automaker activity (many EU projects still use DSRC/ITS-G5 alongside trials of C-V2X). Market momentum is steady but mixed with C-V2X trials.
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Market Players:-
→ The major global players in the market include Bodywise Ltd, Corman SpA, Lil-Lets UK Limited, Procter and Gamble Co, Kimberly-Clark Corporation, Edgewell Personal Care Company, Unicharm Corporation, Johnson & Johnson Inc., Cora and First Quality Enterprises Inc.
DSRC Technology Market Drivers
→ The DSRC (Dedicated Short-Range Communications) Technology Market is primarily driven by the rising demand for intelligent transportation systems (ITS), which enable vehicle-to-everything (V2X) communication for enhanced road safety and efficiency. Advancements in connected and autonomous vehicles further accelerate adoption, as DSRC supports real-time data exchange between vehicles and infrastructure to reduce accidents.
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