October 10, 2018 - ROGM - Research On Global Markets, a global market research firm, published a report on the global self-driving car market, today. The report, prepared by Netscribes, shows that the market is expected to have a significant compounded annual growth rate (CAGR) of 50.9% and be worth USD 155.69 Bn by 2024.

Technological advancements like artificial intelligence and machine learning are deemed to be the primary growth drivers for the proliferation of self-driving cars around the world. Car manufacturers are investing heavily in artificial intelligence to be a step ahead in the era of self-driving cars. Increasing concerns regarding road safety and the need for efficient transportation systems are further driving the rapid adoption of self-driving cars.

Despite the positive forecasts for the adoption of self-driving cars around the world, testing self-driving cars in real traffic situation remains a significant challenge as any fault or glitch in the software may prove to be fatal.
Key highlights of this report:

• Market drivers and challenges in the global self-driving car market
• Trends in the global self-driving car market
• Historical, current and forecasted market size data for the global self-driving car market
• Analysis of the competitive landscape and profiles of major players operating in the market
• Key recent developments in the global self-driving car market

This report has been formulated and designed with the purpose of giving businesses a concise understanding of the demand for self-driving cars across the world to determine the viability of the market, develop strategies based on the drivers, and help brands identify competition and respond accordingly.

For more information, download the Global Self-driving Car Market report
https://www.researchonglobalmarkets.com/global-self-driving-car-market-2018-2024.html

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