Using automated vehicles for ride-hailing services can reduce operating costs, traffic congestion, and vehicle ownership

BOULDER, Colo.–(BUSINESS WIRE)–#AutomatedVehicles–A new report from Guidehouse Insights examines the market for robotaxi services, with a focus on key business and social drivers, technology issues, regulatory factors, and the competitive landscape.

Robotaxi services are expected to be the next stage of ride-hailing’s evolution, bringing driverless taxi fleets that provide low-cost, on-demand mobility services to the masses. While ride-hailing has often brought ride-hailing operators into conflict with city authorities, robotaxis can appeal to cities that are actively seeking to reduce vehicle ownership and use of private transportation. Click to tweet: According to a new report from @WeAreGHInsights, China, North America, and Europe are expected to be key markets for adoption, representing more than 90% of passenger miles traveled for robotaxis during the 2020-2030 timeframe.

“These markets have established ride-hailing services and show strong demand and growing adoption of shared mobility, and they are also developing the infrastructure to support robotaxi fleets,” said Sagie Evbenata, senior research analyst with Guidehouse Insights. “Few commercial deployments are likely to be seen until 2028-2029, but this is likely to be followed by a period of extreme growth where robotaxis mainly replace human-driven ride-hailing services.”

Removing drivers from ride-hailing operations is widely seen as an opportunity for the industry to reduce operating costs and ensure profitability. According to the report, major players including Waymo, DiDi, Cruise, and Uber have placed multibillion-dollar bets on developing automated driving AD technology and piloting robotaxi services.

The report, Robotaxi Services Overview, offers a strategic examination of the market, with a focus on key business and social drivers, technology issues, regulatory factors, and the competitive landscape. The report explores the potential robotaxi market; builds on Guidehouse Insights’ existing forecasts, including those for ride-hailing and automated driving; and evaluates how the market for these services are expected to evolve. This report features an examination of the key drivers for future demand, the challenges that the market will likely face, business and operating models, and an overview of leading pilots currently in operation. All major global regions are included, and the forecast period extends through 2030. An executive summary of the report is available for free download on the Guidehouse Insights website.

About Guidehouse Insights

Guidehouse Insights, the dedicated market intelligence arm of Guidehouse, provides research, data, and benchmarking services for today’s rapidly changing and highly regulated industries. Our insights are built on in-depth analysis of global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research, and demand assessment, paired with a deep examination of technology trends, to provide a comprehensive view of emerging resilient infrastructure systems. Additional information about Guidehouse Insights can be found at www.guidehouseinsights.com.

About Guidehouse

Guidehouse is a leading global provider of consulting services to the public and commercial markets with broad capabilities in management, technology, and risk consulting. We help clients address their toughest challenges and navigate significant regulatory pressures with a focus on transformational change, business resiliency, and technology-driven innovation. Across a range of advisory, consulting, outsourcing, and digital services, we create scalable, innovative solutions that prepare our clients for future growth and success. The company has more than 8,000 professionals in over 50 locations globally. Guidehouse is a Veritas Capital portfolio company, led by seasoned professionals with proven and diverse expertise in traditional and emerging technologies, markets, and agenda-setting issues driving national and global economies. For more information, please visit: www.guidehouse.com.

* The information contained in this press release concerning the report, Robotaxi Services Overview, is a summary and reflects the current expectations of Guidehouse Insights based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Guidehouse Insights nor Guidehouse undertakes any obligation to update any of the information contained in this press release or the report.

Contacts

Lindsay Funicello-Paul

+1.781.270.8456

lindsay.funicello.paul@guidehouse.com