Driving Change: Trends and Opportunities in the Robotaxi Sector The robotaxi market was estimated at USD 0.97 billion in 2022 and is likely to grow at a CAGR of 66.3% during 2023-2029 to reach USD 34.10 billion in 2029. Robotaxi is a new form of ride-hailing service where autonomous vehicles serve as taxis. Robotaxis provides an affordable, efficient, and convenient transportation option, with no need for human drivers. Passengers use a smartphone app to request a ride, and the robotaxi picks them up and takes them to their destination. The car's onboard sensors and artificial intelligence systems enable it to navigate through traffic, avoid obstacles, and make decisions in real-time to ensure passenger safety. Read More: https://www.stratviewresearch.com/3329/robotaxi-market.html

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