Frost & Sullivan Podcasts

Topic Discussed : Future of Global Shared Driverless Vehicles Market, Forecast to 2031Speakers : Guruguhan NatarajKey Takeaways :1)     Shared Driverless vehicle (SDV) market revenue is estimated to reach $10.40 billion globally by 2031. Growth is expected at a CAGR of 60.7% between 2017 and 20312)     The legal framework is being formulated in Europe and the United States. Government support of SDV systems is expected to be a significant factor in the proliferation of automated buses by the year 2025. Many regional governments such as England, Finland, Netherlands, Japan, Singapore and some US states are pushing autonomous driving technologies3)     Automated bus transit systems are expected to have significant growth post 2021. This is because of the launch of commercial operations and entry of new market participants. Key automotive OEM’s are expected to form strategic partnerships with autonomous technology solution providers to bu