Intel has announced that its acquire of autonomous driving systems provider, Mobileye for $15.3 billion and aims for market leadership in the connected car space. Intel has been working officially with Mobileye since last year and announced a partnership with BMW early this year. The 3 companies have started to test self-driving fleets equipped technology and aims to put a total of 40 cards on the road by 2017.Apart from this investment, Intel is building its own business ecosystem in the space of cars including investing in Here (Maps); acquiring Itseez and Yogitech (Safety and Navigation); making a commitment of at least $250 million to the Driverless car space.
“The combination is expected to accelerate innovation for the automotive industry and position Intel as a leading technology provider in the fast-growing market for highly and fully autonomous vehicles,” the company continued. “Intel estimates the vehicle systems, data and services market opportunity to be up to $70 billion by 2030.
The increasing number of companies that invested in Driverless Cars from car builders to semiconductor company and companies with Big Data bringing the ideas into realistic work.
Here are the 18 biggest breakthroughs coming by 2030, report by Business Insider Malaysia. It’s not hard to see that there will definitely be more and more companies adding in to this area with more breakthroughs in coming years.
2030 is the number you should look at if you are a believer of Driverless cars. The self-driving cars will rule the roads in 2030 as 80% of the companies that invested in the technology forecast their products launching. I am so ready for this when finally, traffic jam is not in my concern.