Driverless Vehicle Technology Market Outlook
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 03 2026
0mins
Source: Fool
- Market Growth Forecast: Goldman Sachs predicts that the robotaxi fleet will grow from approximately 7,000 vehicles to 1 million by 2030 and reach 6 million by 2035, indicating significant potential in the driverless market, which is expected to exceed $40 trillion by 2034.
- Nvidia's Market Leadership: As a leading developer of graphics processing units, Nvidia's AI GPUs and CUDA software platform are widely utilized in the automotive industry, ensuring its core position in the driverless and AI sectors, and it will continue to maintain a competitive edge through partnerships with automotive giants like Toyota, Mercedes-Benz, and BYD.
- Mobileye's Diversification Strategy: Mobileye's dominance in the ADAS market positions it favorably in the development of full autonomous driving technology, with its EyeQ chips used by over 50 automakers globally across approximately 800 vehicle models, indicating room for further market share expansion.
- Qualcomm's Growth Potential: Qualcomm's Snapdragon digital chassis, which integrates ADAS and vehicle communication technologies, propelled its automotive division to achieve a 38% revenue increase in Q2 of fiscal 2026, and it is expected to sustain strong growth through a $45 billion design-win pipeline.
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Analyst Views on NVDA
Wall Street analysts forecast NVDA stock price to rise
41 Analyst Rating
39 Buy
1 Hold
1 Sell
Strong Buy
Current: 204.650
Low
200.00
Averages
264.97
High
352.00
Current: 204.650
Low
200.00
Averages
264.97
High
352.00
About NVDA
NVIDIA Corporation is an artificial intelligence (AI) infrastructure company. The Company is engaged in accelerated computing to help solve the challenging computational problems. Its segments include Compute & Networking and Graphics. The Compute & Networking segment includes its Data Center accelerated computing and networking platforms and AI solutions and software, and automotive platforms and autonomous and electric vehicle solutions, including software. The Graphics segment includes GeForce GPUs for gaming and personal computers (PCs), and Quadro/NVIDIA RTX GPUs for enterprise workstation graphics. Its technology stack includes the foundational NVIDIA CUDA development platform that runs on all NVIDIA GPUs, as well as hundreds of domain-specific software libraries, frameworks, algorithms, software development kits (SDKs), and application programming interfaces (APIs). Its platforms address four markets, which include Data Center, Gaming, Professional Visualization, and Automotive.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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