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Intel Deutschland GmbH

Intel Predicts Autonomous Driving Will Spur New 'Passenger Economy' Worth $7 Trillion

Study Estimates the Value of Goods and Services in the Early Years of the 'Passenger Economy' Will Be More Than Twice the Size of the 'Sharing Economy'

(PresseBox) (Santa Clara, Calif., )
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- Intel predicts a new “Passenger Economy” will emerge to support the idle time when drivers become riders
- The economic opportunity will grow from $800 billion to $7 trillion as autonomous vehicles become mainstream
- Mobility-as-a-Service will disrupt long-held patterns of car ownership, maintenance, operations and usage

Today, Intel Corporation revealed the findings from a new study that explores the yet-to-be-realized economic potential when today’s drivers become idle passengers. Coined the “Passenger Economy” by Intel and prepared by analyst firm Strategy Analytics, the study predicts an explosive economic trajectory growing from $800 billion in 2035 to $7 trillion by 2050.

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