The vehicles market, a market research and consulting company, expects the self-driving car industry to balloon into a billion-dollar industry by 2025.
Today, a market research and consulting company released their report on the future of the vehicles market. The report predicts that by 2022, the industry will have ballooned to $1.0 trillion.
The report’s authors found that consumers are increasingly interested in purchasing self-driving cars. In fact, over 50% of respondents indicated that they plan to buy a self-driving vehicle within the next 5 years, while only 10% stated they had no intention of ever owning one.