November 7, 2018—Tractica forecasts that global shipments of autonomous vehicles will grow from 95,000 units in 2017 to 5 million in 2022, according to a report by the Media Post.

Worldwide revenue of autonomous vehicles reached $3 billion last year and is estimated to grow to $103 billion by the end of 2022, according to a new forecast from Tractica.

Demand for consumer autonomous vehicles is being driven by the promise of extra convenience for drivers, safety improvements and vehicle connectivity, according to Tractica.