Popular notions suggest that the self-driving investing theme is centered on only Tesla, Alphabet and Apple.

That isn't the case. Driver-assistance technology specialist Mobileye (MBLY) has launched a self-driving system, available to all automakers in 2019. Mobileye's new system has moneymaking potential and is likely to take a chunk of the $2.6-trillion global shared mobility market, aka self-driving, by 2030.

The company is one of the most exciting growth opportunities you can find in this overvalued broader market. Shares fell more than a percentage point in Friday trading.

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In July, Mobileye announced the end of a relationship to supply Tesla with technology. Tesla comprised about only 1% of Mobileye's revenue-pie. The market overreacted, but the stock has already recovered.

That was a result of a smart move: Mobileye and Delphi Automotive partnered to develop a high-level, automated driving solution.

This is massive for self-driving car makers because the solution will lower time to market and enable Mobileye's customers to implement high-level automation, without having to spend enormous capital themselves. Companies that could tap Mobileye for this solution include Volvo, VW, General Motors and Nissan.

Mobileye has already teamed up with BMW and Intel on plans to mass produce self-driving cars by 2021. BMW will produce the car in cooperation with MBLY. Intel is slated to provide technology for the car.

Mobileye should become a leader in the Advanced Driver Assistance Systems market. The company says that its technology has been selected for implementation in serial production for over 230 car models from 20 OEMs by 2016.

For over 15 years, Mobileye strengthened its R&D and collected data from millions of miles of driving experience. Further, the company's win rates are impressive, given that it secured over 80% of the serial production programs where Mobileye bid.

Analysts expect Mobileye to deliver 48.3% earnings per share (EPS) growth every year for the next half a decade. That's almost three times the industry average of 16.57% and puts Mobileye in the company of tech stocks like Pure Storage and Palo Alto Networks, which also boast strong growth prospects.

Mobileye's core strategy for its role in autonomous driving is simple: Apply cheaper technologies, such as cameras and radars, to steering and braking. Forward-facing cameras and low-cost radars enable the car to see obstacles and avoid them, almost as humans would do.

While competition is emerging from players like Nvidia, Moibileye is a long-term moneymaker. Analysts expect a approximately 20% increase in Mobileye shares if you lock in the trade now.

Remember, self-driving's explosive growth hasn't even started.

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This article is commentary by an independent contributor. At the time of publication, the author held no positions in the stocks mentioned.