Abstract: The strong and healthy wireless network of the vehicular communication is needed to enable the detailed system and semiconductor demand analysis. The report presents the automotive wireless communication such as V2V (Vehicle to Vehicle communication), V2X (Vehicle to Everything communication). It explains the formation and working of these automotive wireless protocols and the technology involved in vehicular communication like On-Board, LTE-V and VANETS. Wireless communications will give driver sixth sense what is going around them to help avoid accidents and improve traffic flow. This report also describes the DSRC (Dedicated Short-Range Communication) and also the involvement of 5G in these vehicular communication network. Besides, the road for a successful presentation of vehicular communication we likewise examined the investigation of potential security threats and the structure of a robust security engineering. The analysis carried in this report is to look at and evaluate the most important frameworks, applications, and its market demand that will recognize the future road infrastructures utilized by vehicles. Moreover, we have introduced future research issues of this technology and its scope for the future generation. The principle of this study is to investigate the running project in vehicular communication and make our road and surrounding safer from traffic and accidents. Keywords: Vehicular communication, V2V, V2X, LTE-V, VANETS, Security system, Applications, Market Demand