Drone taxis might soon be flying in cities around the world: report By Jim Magill Drone taxis might soon be introduced in a city near you, according to a recent Markets and Markets report. The global market for drone taxis is expected to grow from an estimated $74 million in 2025 to reach $860 million by 2030, a compound annual growth rate (CAGR) of 63%, according the … [Read more...] about Drone Taxis are Big Business: The New Ride Share
Drone Market
Drone Tech Market to Grow to $54 B in the Next 4 Years: These Sectors are Leading the Way
The drone tech market is growing fast, and recent innovations and regulatory shifts are only speeding growth. By DRONELIFE Staff Writer Ian M. Crosby A report by Andrew McWilliams from BCC Research projects over 80% growth in revenue for the global drone technology market between 2020 and 2025. Sitting at $30 billion in 2020, McWilliams expects this figure to rise to … [Read more...] about Drone Tech Market to Grow to $54 B in the Next 4 Years: These Sectors are Leading the Way
Has the U.S. China-Trade War Changed DJI’s Drone Market Share? The Latest from Drone Industry Insights
Has the conflict had any noticeable effect upon DJI's drone market share? The latest report from Drone Industry Insights (DRONEII) answers the question, as the U.S.-China trade war continues, and with it the U.S. government's focus on Chinese-manufactured drone tech. As U.S. proposals like the American Drone Security Act and the publication of the U.S. Department of Defense … [Read more...] about Has the U.S. China-Trade War Changed DJI’s Drone Market Share? The Latest from Drone Industry Insights
Terra Drone Funding: Leading Drone Solution Provider Scores $14.4 Million in Series A
Global investment in the drone industry continues, as leading drone services provider Terra Drone funding increases by a $14.4 million Series A round. Terra Drone Corporation has had a steep rise since starting in Japan in 2016, to be named a top Drone Services Provider Drone Industry Insights last year. Today, the company announced that they have close a JPY 1.5 billion … [Read more...] about Terra Drone Funding: Leading Drone Solution Provider Scores $14.4 Million in Series A
Study: COVID-19 May Have Bumped Consumer Drone Market
Despite a slowdown in the consumer drone market over the past few years, new research shows the COVID-19 pandemic may fuel modest interest. Earlier this month, drone research and consulting firm DroneAnalyst released two reports delving into the rise, fall and stagnation of the UAV consumer market DroneAnalyst research head and study author David Benowitz suggests … [Read more...] about Study: COVID-19 May Have Bumped Consumer Drone Market
