A major new tech trend has been taking shape recently...
And in the years to come, it’s expected to become massive.
You see, not only is this market soon projected to be worth over $7 trillion...
But each year, it could help save over 1.2 million lives.
What trend am I referring to?
Autonomous vehicles — in other words, self-driving cars.
Demand Could go BOOM!
At first blush, the idea of a self-driving car might seem like science fiction.
Or maybe it seems like an unnecessary luxury.
But here’s the thing:
In the coming years, I believe self-driving cars will become the standard for all automotive transportation across the country — and potentially across the world.
Billions of dollars are flowing into this sector already. And they’re flowing from everyone — from big automakers like GM and Toyota, to tech giants like Google and Amazon.
And when you think about it, it makes sense:
Not only could self-driving cars save consumers time…
But they could help save millions of lives…
Save 1.2 Million Lives Each Year
You see, according to the CDC, over 1,350,000 people die each year in car-related accidents.
That’s nearly 3,700 deaths every day.
Currently, it’s the eighth-leading cause of death in the world. Even more deadly than HIV/AIDS.
And the saddest fact about all this?
94% of these deaths are caused by human error.
Meaning, 1,269,000 people die each year because of their OWN mistakes!
So if you take humans out of the equation and simply let cars drive themselves...
That’s 1.2 million lives that could be saved!
Billions of Dollars at Stake
So it’s no wonder that capital is pouring into this market right now.
For example, venture funding into autonomous vehicle startups went from virtually nothing a decade ago...
To over $10 billion in recent years:
And as mentioned earlier, everyone from the largest auto makers to the largest tech companies are trying to get in on the action.
For example, CNBC recently reported that Google’s self-driving car initiative, Waymo, raised over $2.5 billion from investors including Fidelity, T. Rowe Price, and Tiger Global.
And last year, Amazon announced it would acquire self-driving car startup Zoox in a deal valued at $1.2 billion.
On top of that, all the “big boys” of the car world are pouring billions into this space, too:
For instance, Toyota recently acquired Lyft’s self-driving technology for roughly $600 million...
And Forbes reports that GM will invest $35 billion over the next four years into self-driving car development.
These companies understand that self-driving cars are the future — and they’re expecting this sector to deliver big demand, and big profits.
But there’s just one problem…
Self-Driving Cars’ “Achilles' Heel”
Given how much money is being invested, you might wonder why you don’t see self-driving cars all over the roads right now.
The reason is simple…
Self-driving cars still have a big problem: they can’t “see”!
Let me explain…
Currently, self-driving cars navigate their surroundings based on images from low-quality cameras, or based on a technology known as LiDAR.
And their “vision” is limited to something that looks like this:
Well, you can barely tell that’s a road at all!
And that’s one of the main reasons this technology hasn’t taken hold yet:
Simply put, people don’t feel safe!
And because of that, a market that’s potentially worth $7 trillion is being put at risk.
Which is why I’m writing about this topic today:
We believe we’ve identified a company that could help solve this problem…
Silicon-Valley Startup Could Unlock $7 Trillion Wave of Wealth
You see, we recently identified a tiny Silicon-Valley startup that’s pioneering a groundbreaking new device…
And this device could help self-driving cars go from seeing something like this:
To something like this:
Basically, this device could give a self-driving car a crystal-clear view of everything around them.
We believe this technology could be the industry’s “holy grail”…
And in the very near future, we believe the pre-IPO company behind this technology could become one of the most valuable players in this market.
In fact, we’re predicting it could potentially command a valuation of anywhere from $1 billion to as much as $30 billion.
That could hand early investors a profit of 4,616% — and possibly far more than that.
Which is why my partner, Matt Milner, recently compiled an in-depth research report on this company…
And if you click here, you can read it in full right now »
Best Regards,
Founder
Crowdability.com
