The concept of self-driving vehicles has captured the media’s attention. Rolls-Royce recently unveiled its first driverless car designed for “the most discerning and powerful patrons in the world,” complete with a silk “throne” and a virtual assistant named Eleanor.
Rolls-Royce is clearly playing up the luxury appeal of its newest model, but many other companies are also developing their own unique spin on self-driving technology, including Google, Tesla, Nissan, Toyota, Audi, Uber, and Volvo, to name a few.
While the potential of autonomous vehicles should not be underestimated, it would be a mistake to ignore other fast-growing technologies in the transportation industry. Before self-driving cars become the norm, a host of other innovations will change how people move. Read on to learn about four global transportation markets that are poised to achieve exponential growth by 2020.