Waymo, owned by Google/Alphabet, dominated the robo-taxi market in 2023 as competitors like GM’s Cruise and Uber exited. The driverless ride-sharing industry, currently valued at $123 billion, is expected to grow to $430 billion by 2032. While Waymo leads the market, rivals like Amazon’s Zoox and Tesla are developing their own robo-taxis. With increasing mainstream adoption and potential deregulation, 2024 is set to be a pivotal year for driverless technology.
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