The Hi everyone. Welcome to scouting for growth. Today I will be sharing with

you some timely insights I have just received from the team at IBM.

One of my findings relates to one of IBM's strategic themes for 2023,

as well as IBM's new partner program. Don't forget to subscribe rates and leave a

comment if you like what you hear. Our goal is to bring you the latest and the greatest on how to scale tech businesses with partners, investors and corporations.

So let's get into it.

Let's start with some background settings. Did you know that the autonomy's driving market is a massive market that is evolving fast?

According to Statista, autonomous driving or autonomous vehicles are expecting to count for about 12% of car restriction by 2030.

And global car cells of autonomous vehicles are expecting to reach some 101 million units that same year.

Looking into my tech startup database, I can see that autonomous vehicles or companies that are working on self-driving

technologies including perception, mapping and localizationization solutions.

They also are including, you know, cybersecurity prevention, testing and

fit management solution as well.

I mean, those companies are doing very well.

It is important to remember that the autonomous vehicle market

received over 51 billion US dollars

across 500 plus companies over the past few years.

And this is not actually an insignificant number,

as this means that on average, each companies receive 102 million US dollar and funding.

The top business models within autonomous driving include first perception enabling sensor technology.

Think about companies developing what we call LIDAR-based sensors for autonomous driving. Lidar stands for light detection and ranging or a remote

sensing method that uses light as a pulse later to measure viable distances to the Earth and this is being

...