Drone Industry Insights has just released its 2020 report, which features a five-year outlook. The drone market is set to be worth $42.8 billion by 2025. The latest report also outlines the biggest drone adopters, drone uses, and the impact the COVID-19 pandemic has had on the industry.
Drone Market Stories June 24, 2020
Drone Market Stories January 28, 2019
In a research report titled ‘Drones Reporting For Work‘, Goldman Sachs forecasts the global drone industry to reach $100 billion by 2020. The investment bank calls it an opportunity “too large to ignore”. It shouldn’t come as a surprise that the biggest part of the global drone business is taken up by the military. The Defense drone market will be good for $70B. The consumer drone market comes in at a second place, with a market size of $17B by 2020.
This report was published some time ago, but it makes sense to share it here in light of the recent developments in drone regulation.