UAV Drone Market is witnessing a growth of $49.37Bn by 2025

Alexander Petrex · Jan 15, 2019

Hey! Anybody Out there...

Can you guess the forecast of the drone market industry???

While searching on internet about drone I found some interesting stats.

According to Verified Market Research, the global UAV Drones market was valued at USD 13.93 billion in 2017 and is projected to reach USD 49.37 billion by 2025, growing at a CAGR of 17.22% from 2018 to 2025.

What do you think of his forecast?

Please let me know.

Andre Levite · Jan 15, 2019

It says almost all of the growth in the drone market will be in the commercial and industry sector. Selling big expensive drones to wealthy companies to do a job too dangerous or costly for humans.

Consumer drones have much lower average selling price and a niche market. Hobbyists also subject to ever increasing government regulation and public scrutiny.

There's big money in big drones in big business.