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Editorial Rating

8

Qualities

  • Innovative

Recommendation

In the not-so-distant future, your car will navigate the roads, drop you at your destination and then park itself. Many people will even forgo private ownership in favor of “mobility-on-demand” services. Unproductive commutes, pollution and accidents should all decrease dramatically. However, while “autonomous driving” offers a wealth of money-making opportunities, the automotive industry needs to plan strategically in order to capitalize on the opportunities in the coming years. This is the advice of the consultants at Roland Berger, a German global consultancy firm. getAbstract recommends their report to auto industry players, technology enthusiasts and daily drivers who want to know what’s ahead.

Summary

By 2030, the “autonomous driving” industry will be worth between $40 billion and $60 billion. Existing automotive manufacturers and suppliers are in a good position to dominate the hardware portion of the market, which will be worth $30 billion to $40 billion of the predicted revenue. Technology companies, however, are poised to take the lead in providing the vital software-based components, such as “high-accuracy mapping” and “prediction and decision-making algorithms.” Software provision might ...

About the Authors

Founded in Germany in 1967, Roland Berger Strategy Consultants now has 50 offices worldwide, with 2,400 employees in 36 countries.