Autonomous shared mobility technology, after years of development and testing in the real world, is on the verge of reaching commercial viability on a large scale. In 2021, the global market opportunity from autonomous mobility was approximately $27 million. This is expected to reach $92 billion in 2035, accounting for the market changes brought on by the COVID-19 pandemic.
Governments across the world are looking to discourage private vehicle travel and to shift intra-city commuting toward greener public transport systems. In the context of this study, autonomous shared mobility is defined as transportation solutions that do not require the presence of a human driver and are represented as self-driven taxis called robotaxis and self-driven shuttles called autonomous shuttles. The importance of these forms of autonomous mobility is rooted in their ability to reduce the costs of on-demand transportation per kilometer, reduce accidents and road fatalities, and contribute to achieving emission norms and climate goals.
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