Market research firm Gartner is projecting that almost 3 million drones are expected will be shipped this year with overall revenue expected to be ~$6 billion, an increase of 34%. They estimate the market in 2020 could be over $11.2 billion by 2020, Gartner said. "While the civil markets (personal and commercial) have been wading through regulation by various … [Read more...] about Gartner Predicts ~3 million drones to be shipped in 2017
Drone Market
The $84 Billion Market: Drone Powered Business Solutions
It seems that there is a new research report estimating the size of the drone market out every month - and the numbers just keep getting bigger. This new report from Grand View Research, Inc. is certainly ambitious in its scope. The report attempts to estimate not a market in drones themselves, but the quickly expanding market in drone software and services: drone powered … [Read more...] about The $84 Billion Market: Drone Powered Business Solutions
Parrot Lays Off Drone Workers, Reorganizes
In a press statement released yesterday, French drone manufacturer Parrot announced that it would lay off more than a third of its drone division employees and reorganize the business, after missing fourth quarter revenue targets. The maker of the consumer Bebop drone announced that 2016 Q4 revenues had come in at around 85 million euros, widely missing the 100 million … [Read more...] about Parrot Lays Off Drone Workers, Reorganizes
How Many Drones Will Santa Bring This Year?
Last year, the FAA rushed to implement the recreational drone registration system, saying that holiday drone sales could reach 1 million units in 2015. Reports of actual holiday sales vary - with some analysts sticking to the 1 million number and others estimating that sales were closer to 700,000 or as low as 400,000. But this year, it seems that the number will increase - a … [Read more...] about How Many Drones Will Santa Bring This Year?
Drone Market 14.9 Billion in 4 Years: Small Drones a Driving Force
A new report says that the drone market is expected to reach 14.9 billion by 2020 - just 3-4 short years away. The report also says that small drones will be a driving market force. "Unmanned Aerial Vehicles Market by Class... - Global Forecast to 2020" by Research and Markets is a comprehensive study of drones in the defense, commercial, and homeland security sectors, and … [Read more...] about Drone Market 14.9 Billion in 4 Years: Small Drones a Driving Force
