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Market Research Report

Worldwide Autonomous Vehicle Forecast, 2020-2024

Published by IDC Product code 962124
Published Content info 14 Pages
Delivery time: 1-2 business days
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Worldwide Autonomous Vehicle Forecast, 2020-2024
Published: September 24, 2020 Content info: 14 Pages

This IDC study examines the worldwide and U.S. autonomous vehicle market for the 2019-2024 period. A five-year growth forecast for this market is shown for 2020-2024."The pathway to increased vehicle autonomy will be largely built on gradual feature and capability advancements," says Matt Arcaro, research manager, Next-Generation Automotive and Transportation research at IDC. "Although SAE Level 4, full self-driving vehicles will capture media headlines and will deliver tremendous value to society, the impact of SAE Levels 1 and 2 vehicle growth over the forecast period remains too large to be ignored."

Table of Contents
Product Code: US46767820

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Market Forecast

  • Worldwide Autonomous Vehicle Forecast, 2020-2024

Market Context

  • Drivers and Inhibitors
    • Drivers
      • Evolution of Semiconductor Performance and Cost Curves
      • Vision Zero and a Renewed Focus on Vehicle Safety
      • Market Maturity and Consumer Sentiment
    • Inhibitors
      • COVID-19's Impact on Automotive Supply Chain and Consumer Demand
      • Nascent Government Regulation for AVs
      • Costs of Early Generation AV Technology
  • Significant Market Developments
  • Changes from Prior Forecast

Market Definition


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