All market forecast figures have been updated in September 2025.

Demand for Electric Vehicles (EVs) continues to grow every year, and will account for more than 50% of vehicle sales volume by the end of the decade. Governments worldwide and several U.S. states have set bans on Internal Combustion Engine (ICE)/diesel vehicle sales, causing a spike in EV production.

However, a lack of charging infrastructure is the elephant in the room. For example, a recent survey from AAA reports that 56% of U.S. consumers say a lack of charging stations is a primary barrier to purchasing an EV.

Significant investment in installing public EV charging points is essential if consumer demand for EVs and government mandates can be met. Home chargers alone will not be adequate for the sustained mass use of EVs, especially in developing markets lacking access to home charging equipment.

All too often, vehicular accidents result from a distracted driver, claiming 3,522 lives in the United States in 2021. Whether the driver is looking down to text, experiencing extreme levels of fatigue after a long day at work, or exhibiting some other unsafe behavior, these sometimes tragic cases could be avoidable if the driver were concentrating more closely. Over the last 10 years or so, the automotive industry has focused on integrating active safety systems that detect hazardous situations outside the vehicle. However, this concept has extended to detecting hazardous situations from within the vehicle through camera-based Driver Monitoring Systems (DMSs). As will be explained later in this post, these technologies will also include broader Occupant Monitoring System (OMS) applications, so that automakers can provide a transformative driving experience for all passengers.

Drivers today—and even more so in the future—demand connected driving experiences tailored to their personal tastes. This concept, already applied to many digital experiences, requires car Original Equipment Manufacturers (OEMs) and their suppliers to focus on Software-Defined Vehicle (SDV) architecture. While SDVs are essential to enabling future vehicle services—and new revenue streams for automakers—there are several ways the software-defined car will change the way the automotive industry approaches vehicle development.

After years of prototyping and concept exploration, autonomous vehicle applications are closer to being ready for the real world on a global scale. While car manufacturers have historically juggled multiple partners simultaneously, this approach has proven unfeasible for the shift to deploying self-driving cars. As you will read in this blog post, the top autonomous vehicle companies are consolidating their driverless applications to create value in an ever-growing market. 

More than 50,000 technology innovators and decision makers rely on ABI Research for deep insight and analysis of transformational technologies and key markets. In addition, we also provide an impartial and expert perspective on the companies that are shaping these technologies and industries.

For an update, refer to ABI Research's 2024 automotive industry outlook.

Dear Colleagues,

In the technology space, it’s vital that your organization stay on top of prevailing trends in your respective industry. This extends to keeping tabs on the competition or, if you’re seeking a solution provider, weighing your options. That’s why ABI Research released its 40 Technology Companies To Watch In 2023 whitepaper to better understand which tech firms are winning in terms of innovation and implementation of their technology products/software.  

More than 50,000 technology innovators and decision makers rely on ABI Research for deep insight and analysis of transformational technologies and key markets. In addition, we also provide an impartial and expert perspective on the companies that are shaping these technologies and industries.

If every consumer vehicle on the planet were electric last year, the total energy consumption worldwide would have been 13% higher than the previous year. As Electric Vehicles (EVs) drastically increase energy drawn from the electric grid and contradict sustainability efforts, the importance of Vehicle-to-Grid (V2G) charging solutions cannot be understated. Because it's still a relatively new technology, this resource will explain how V2G works.