State of the art: Autonomous driving technology as 2019 comes to a close
The market for global autonomous vehicles is currently at over $54 billion and could reach more than ten times that amount by 2026. Drivers for this technology include regulatory pressure, increasing connectivity by passengers, high cost of vehicle ownership, and disinterest by an increasingly large segment of the population to own a vehicle outright. The principal technology enabler of autonomous vehicles is the interaction between predictive AI and imaging technology. The sensors create a 3D picture around the vehicle, and the AI interprets how the vehicle should respond. Though vehicle manufacturers have made significant progress in this area, the light-off point will come when a company reduces the amount of time between image and response to near-zero.