A self-driving car is a combination of
cameras, artificial intelligence, GPS system and cameras. Moreover, a
self-driving car is also known as an autonomous car, or robotic car or the
driverless car. Furthermore, the combination of above things are proved to be
beneficial for travelling one place to another without the need of any human
drivers. The UAE is very much enlightened in technology. The country is very
enthusiastic about embracing self-driving cars the populace of UAE are
enthusiastic to welcome self-driven cars. The key players of this market in
Africa is playing an important role by dominating the handsome amount of share
in the short span of time whereas, with the adoption of effective market
strategies and policies which become beneficial for leading the highest market
growth in the near future.
According to the report analysis, ‘Middle
East and Africa Self-driving Car Market (2018-2024)’ states that some
of the major key players which are presently functioning in this market more
actively for attaining the huge market share by doing more developments in the
technology of self-driving car includes Apple, Microsoft, Toyota, IBM, Volvo
and several others. It is predictable
that the self-driving car would decrease the car crash by 90%. The self-driving
car market in Middle East and Africa is estimated to enlarge at a CAGR of
46.6%, foremost to global revenue of USD 18.94 Billion by 2024. Moreover, the
report also cover the relevant information which includes market scope, market
overview, market driver, market trends, market challenges, applications of
self-driving car, value chain and several others. Furthermore, the Middle East
and Africa are playing an important role in the field of the autonomous
vehicle. In Dubai, Future Foundation in collaboration with Dubai Roads and
Transport Authority (RTA) propelled Dubai Autonomous Transportation Strategy to
standardize autonomous driving policies.
Based on the regions, the self-driving market
is split into UAE, Saudi Arabia and the rest of MEA. Countries such as UAE,
Saudi Arabia, are expected to grow in self-driving car owing to their
improvements in connective devices and artificial intelligence (AI).
Furthermore, The Middle East and Africa self-driving market are further split
differently on the basis of applications, automation and technological
components. The segment of application are also categorized into personal use
and commercial use. Originally, self-driving cars will be owned personally. UAE
is very advanced in technology. The country is very enthusiastic about
assumption of self-driving cars as the citizens of UAE are motivated to welcome
the self-driven cars.
The constituency faces technological
challenges even though UAE is succeeding with its autonomous cars. There have
been numerous public crashes in self-driving cars because of the software
glitch. This depresses the confidant of attaining a self-driving car. Whereas,
Dubai Autonomous Transportation Strategy has also encompassed the metro
stations in Dubai. It objects to construct a self-driving system to transmit
millions of passenger every year. Hence, in the coming years it is expected
that the market of self-driving car in Africa will grow more actively over the
recent few years with the effective investment in the research and development
programs by the focused key players.
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