Autonomous vehicles market size to grow by USD 319.41 billion between 2022 and 2027;Historic market size valued at USD 17.22 bn from 2017 to 2021- Technavio


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Autonomous Vehicles Market 2023-2027: SegmentationThe autonomous vehicles market is segmented as below:ApplicationVehicle TypeGeographyBy application, the market growth will be significant in the transportation and logistics segment during the forecast period. Manufacturers, autonomous technology developers, and system integrators worldwide are evaluating the commercial viability of autonomous vehicles for transportation and logistics. The increasing popularity of semi-autonomous vehicles is notably driving the market growth, although factors such as concerns related to cybersecurity may impede the market growth. Developments in intelligent transport systems are notably driving the market growth, although factors such as the low receptiveness among users due to system reliability and uncertainty issues may impede the market growth. ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: media@technavio.comWebsite: www.technavio.com/Global Autonomous Vehicles Market 2023-2027CisionView original content to download multimedia:https://www.prnewswire.com/news-releases/autonomous-vehicles-market-size-to-grow-by-usd-319-41-billion-between-2022-and-2027historic-market-size-valued-at-usd-17-22-bn-from-2017-to-2021--technavio-301757464.htmlSOURCE Technavio