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The Case for Autonomous Private Vehicles and the Software Market

IDTechEx, along with many other industry experts, are expecting robotaxis to become a common sight in major cities over the next twenty years. The business case for robotaxis, although not without its obstacles, is compelling. However, in the meantime, there will still be billions of privately owned vehicles on the roads. This article considers the case for autonomous private vehicles and the software market: from adaptive cruise control to true autonomy, everywhere.

Motional

Motional, originally nuTonomy, is a company developing autonomous vehicle technology. It was originally a joint venture between Hyundai and Aptiv.

The Robotaxi Race is Heating Up Globally in 2025

2025 has yielded massive jumps in autonomous vehicle technology, both in hardware and software. IDTechEx's report, Autonomous Driving Software and AI in Automotive 2026-2046: Technologies, Markets, Players, forecasts a more than 1,000 times increase in software-related revenue for autonomous vehicles from 2026 to 2046.

Quantum Computing and AI: Synergy or Deep Tech Rivalry?

In this article, IDTechEx explores the fascinating relationship between quantum computing and AI: two supposed tech revolutions that frequently grab the spotlight. Underneath the hype, there exist both technical synergies and competing market forces.

China's L2+ ADAS Market Surges as Full-Stack Solutions Dominate

China's L2+ ADAS market is accelerating, led by cost-effective full-stack solutions and domestic innovation. IDTechEx projects the market to reach US$20 billion by the 2040's as local players outpace global rivals.

Graphcore

Graphcore is a UK-based semiconductor chip designer that develops accelerators and data center systems for AI and machine learning. Its main innovation is a novel processor called the IPU (Intelligence Processing Unit), an architecture designed from the ground up to specifically tackle machine learning workloads. As of 2024, it is a subsidiary of Softbank.

Demand for HBM to Grow 15-fold by 2035 for HPC and AI, says IDTechEx

Parallel computer architectures, such as those deployed for modern high-performance computing (HPC) and artificial intelligence (AI) workloads, frequently encounter memory bottlenecks that limit performance, known as the 'memory wall'. IDTechEx assesses the key developments and trends in memory and storage technologies, including high-bandwidth memory (HBM), DDR, NAND, and many more.

The Story of Cruise and How Its Loss Impacts the Robotaxi Industry

IDTechEx predicts that 2024 and the coming couple of years will be seen as the hockey-stick moment for robotaxis. Companies across the US and China are preparing for a mass roll-out of services. Cruise was one of the early leaders in robotaxi development, getting off to a good start and attracting the attention of General Motors who acquired the company in 2016. However, in December 2024 it appears that GM and Cruise's robotaxi endeavour is coming to a premature end.