Robo taxis opportunities and strategies to 2034: market to grow by almost $250 billion - gm and bosch lead strategic acquisitions to enhance autonomous ride-hailing innovations

The global robo taxis market is set to soar from $1.18b in 2024 to $17.18b in 2029, driven by rising automation, ride-hailing demand, and traffic congestion. north america leads, with rapid growth in the middle east and asia-pacific. key players include waymo and baidu. l4 robo-taxis and electric vehicles dominate, while cybersecurity and infrastructure remain challenges. the global robo taxis market is set to soar from $1.18b in 2024 to $17.18b in 2029, driven by rising automation, ride-hailing demand, and traffic congestion. north america leads, with rapid growth in the middle east and asia-pacific. key players include waymo and baidu. l4 robo-taxis and electric vehicles dominate, while cybersecurity and infrastructure remain challenges.
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