InterDigital Inc (IDCC)

[FISH21049]

Forecast of $7 Trillion Driverless Car Industry by 2050 WOW!!!!

https://finance.yahoo.com/news/forecast-7-trillion-driverless-car-093106218.html

While it is not possible to predict anything three decades away, Intel Corp. (INTC) has tried to. In a new survey it commissioned, the forecast is that the driverless, sometime called autonomous, car market will hit $7 trillion a year. The study was done with research firm Strategy Analytics.

Intel's measure of the market is broad:

The Passenger Economy will stimulate value creation from the adoption of Mobility-as-a-Service and other new mobility services as well as emerging new applications and services as well as from savings in time and money associated with vehicle use and from the resulting freedom of movement. Our research finds that autonomous driving technology will enable a new Passenger Economy worth US$7 trillion in 2050. It will drive change across a range of industries, displacing vehicle ownership with Mobility-as-a Service, and defining a new landscape of concierge and ride-hailing services, as well as pilotless vehicle options for businesses in industries like package delivery and long-haul transportation.

Could means BILLIONS of dollars for InterDigital on its IoT patents and acquisition of Hillcrest!