Every major automotive company has announced plans for a car with self-driving capabilities. Few among them will have a significant technology advantage.
“At the end of the day,” according to Lux Research, “the company with the best business plan will win the race toward autonomy; and winners will need to capitalize on novel business models from car sharing and ride sharing to monetizing their own data.”
“The era of the autonomous vehicle is here,” reports Accenture. “According to industry estimates, by 2020, the autonomous vehicle market will be worth $87 billion. Furthermore, by 2040, it is predicted that four out of every 10 vehicles on the road will be autonomous.”
From Detroit to Silicon Valley, from car manufacturers to tech companies, and in a host of innovative labs and manufacturing facilities worldwide, autonomous vehicles have the green light to roll out as soon as possible.
In addition to autonomous driving technology, insurance and regulatory issues abound and are growing ever more prominent.
We analyze the self-driving vehicle market to see how the self-driving vehicle industry will look in the next five years. We’ll look at the economic impact that self-driving vehicles can have and look at the current barriers to success facing the industry.
From semi-autonomous to fully autonomous vehicles to the state of the industry, please join us for an in-depth look at where it’s all at today and where it’s all going.
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