Big growth ahead for self-driving vehicles

Worldwide markets for self-driving cars and light trucks are poised to achieve significant growth, according to a new report from Wintergreen Research. Forecasts predict a rise to $3.6 trillion by 2023.

The “Self-Driving Cars and Light Vehicles Market Shares, Strategies, and Forecasts 2017-2023” report points to fleet vehicles from Uber, Google and similar users as early adopter groups.

Tesla, Mercedes and Audi are among the leading vendors in the personal luxury vehicle self-driving car market. And Apple, IBM and Google are, as would be expected, among the among the significant software vendors.

The 1,005-page 2017 report is available for sale from researchmarkets.com.

About Todd Phillips

Todd Phillips is the editorial director of Universus Media Group Inc. and the editor of Canadian auto dealer magazine. Todd can be reached at tphillips@universusmedia.com.

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