The global market for autonomous cars was valued at $1.35 billion in 2021 and is projected to reach $15.55 billion by 2030, growing at a compound annual growth rate of 31.19 percent from 2023 to 2030.
The increasing demand for connected cars employing the internet of things and the growing development of smart cities in the countries is driving the Autonomous Cars Market growth.
This is according to a new report by Verified Market Research, which says the increasing demand for connected cars employing the internet of things is the key force driving the autonomous car market. [Read more…] about Global autonomous cars market size to reach $16 billion by 2030