TIME Magazine just released their list of ‘Genius Companies 2018‘ and DJI is one of the featured companies. TIME even goes as far as calling DJI the Drone Dominator. A title that is not entirely misplaced as DJI is estimated to have a 72% market share in the global market share in the consumer and professional drone market. Founder and CEO Frank Wang started the business with about 20 people in 2006. They have indeed come a long way since then!
TIME Magazine calls DJI the Drone Dominator
Alex Fitzpatrick for TIME Magazine writes:
“China is often characterized as a source of cheap components and labor, not the home of market-dominating consumer tech companies with pioneering innovations. But that’s exactly the story of DJI, a Shenzhen-based firm that towers over the consumer and professional drone industry. Selling everything from the hulking $4,999 Hollywood-calibur Matrice 600 Pro to the palm-sized $399 selfie-snapping Spark, DJI is the nearly undisputed king of the quadcopters, with an estimated 72% market share globally. Its newest drones, the Mavic 2 Pro and Zoom, capture remarkable photos and high-resolution video, stay airborne for up to 31 minutes, and fold up for easy carrying. Drone fans eagerly await DJI’s product announcements, because with each new generation of hardware, it unveils features that set standards for the industry. DJI’s drones are reinventing family vacation photos (you can gesture to your drone to take a selfie) even as they are helping companies in fields like energy, telecommunications, and construction get new perspectives on their work. “From this simple platform of flight stabilization, people have found a new creative storytelling medium, started multi-million dollar businesses and even saved lives,” says DJI Founder and CEO Frank Wang.”
We're honored to be named one of @TIME's 50 Genius Companies of 2018. @DJIProOfficial and @DJIGlobal will continue to innovate and create groundbreaking products, inspired by our global community and fellow visionary companies.
Read more here: https://t.co/rEZWVMZ192
— DJI Pro (@DJIProOfficial) October 4, 2018
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Illustration: Kike Calvo – Redux