The concept of the best autonomous driving stocks to buy primarily centers on one attribute: industry projections calling for blistering growth over the next several years. To be sure, the sector faces incredible technical (and down the road legal) challenges. However, the spirit of innovation only has one direction – forward.
Investors considering the autonomy space can rely on compelling market projections. According to Grand View Research, the global autonomous vehicle market size reached a valuation of $42.37 billion in 2022 .
Between 2023 and 2030, the sector could expand at a compound annual growth rate (CAGR) of 21.9%. At the culmination point, the segment may be worth $214.
32 billion. What’s more, this estimate could be an understatement. Per Fortune Business Insights, the sector could actually expand at a CAGR of 32.
3% . Of course, projections represent a nice way of saying opinions. But the point is that autonomy could impact other innovations, such as smart city infrastructure.
With so many downwind relevancies, it’s worth checking this space out. With that, below are the best autonomous driving stocks to buy. Intel (INTC) One of the biggest semiconductor specialists in the world, Intel (NASDAQ: INTC ) admittedly lost much of its shine recently.
Encumbered with missteps and other misfortunes, INTC has lagged behind the competition. Nevertheless, it could make a comeback with its investments in self-driving solutions. In particular, Intel processors undergird .
