{"componentChunkName":"component---src-templates-blog-post-js","path":"/blog/this-industry-will-be-worth-14-trillion-by-2027-says-ark-invest-here-s-the-stock-to-buy-now/","result":{"data":{"site":{"siteMetadata":{"title":"No Frills News"}},"contentfulNfnPost":{"postTitle":"This Industry Will Be Worth $14 Trillion by 2027, Says Ark Invest -- Here's the Stock to Buy Now","slug":"this-industry-will-be-worth-14-trillion-by-2027-says-ark-invest-here-s-the-stock-to-buy-now","createdLocal":"2023-02-15 14:31:05.943020","publishDate":"2023-02-14 00:00:00","feedName":"Autonomous Vehicle News","sourceUrl":{"sourceUrl":"https://www.fool.com/investing/2023/02/14/industry-be-14-trillion-2027-ark-invest-stock-buy/"},"postSummary":{"childMarkdownRemark":{"html":"<p>Ark Invest just released its \"Big Ideas 2023\" report, and it made a blockbuster call on the autonomous ride-hailing industry.\nIt says that by 2027, the sector could amass a $14 trillion enterprise value based on $4 trillion in annual revenue.\nArk is betting that self-driving vehicles will reduce the cost of mobility by a whopping 88% compared to human-driven ride-hailing services.\nConsider Uber Freight, which serves as a digital marketplace for the logistics industry.\nUber Freight has more than 200,000 users on the platform with $17 billion in freight under management, but it has a long runway for growth.</p>"}}}},"pageContext":{"slug":"this-industry-will-be-worth-14-trillion-by-2027-says-ark-invest-here-s-the-stock-to-buy-now"}}}