Self-driving Cars: Worldwide Market to Grow at a CAGR of 36.2% to Reach $173 Billion by 2023 - Rising Acceptance by Governments & Rapid Technological Advancements - ResearchAndMarkets.com
Aug. 22, 2018
DUBLIN--(BUSINESS WIRE)--Aug 22, 2018--The "Global Self-driving Car Market (2018-2023)" report has been added to ResearchAndMarkets.com's offering.
The global self-driving car market is expected to expand at a CAGR of 36.2%, leading to global revenue of USD 173.15 billion by 2023.
Rising acceptance of autonomous vehicles by various governments is expected to boost the growth of industrial applications of autonomous cars and trucks over the forecast period. Technological advancements, increasing number of road accidents, and growing demand for automation are the key factors driving the growth of the market.
The rise of the mobility as a service (MaaS) sector is anticipated to provide an impetus to the market for autonomous cars. Automation in the automotive industry will boost the growth of the global self-driving car market.
Although the self-driving car market is expected to experience positive growth globally, apprehension regarding privacy and security risk and lack of proper infrastructure that is needed to support autonomous cars may pose several challenges for manufacturers. There can be security threats to the wide-ranging networks that will connect with autonomous vehicles.
Companies FeaturedMicrosoft IBM Apple Cisco Google Toyota General Motors Tesla Volvo Nissan Motor Company
Key Topics Covered
Chapter 1. Executive Summary
Chapter 2. Global Self-Driving Car Market - Market Overview
Chapter 3. North America Self-Driving Car Market - Market Overview
Chapter 4. Europe Self-Driving Car Market - Market Overview
Chapter 5. Asia-Pacific Self-Driving Car Market - Market Overview
Chapter 6. Latin America Self-Driving Car Market - Market Overview
Chapter 7. The Middle East and Africa Self-Driving Car Market - Market Overview
Chapter 8. Competitive Landscape
Chapter 9. Conclusion
For more information about this report visit https://www.researchandmarkets.com/research/dvzwps/selfdriving?w=4
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SOURCE: Research and Markets
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PUB: 08/22/2018 06:40 AM/DISC: 08/22/2018 06:40 AM