Drone market size expected to grow by $ 21 billion by 2025

The size of the drone market is expected to grow by $ 21.01 billion at over 14% compound annual growth rate (CAGR) from 2020 to 2025, according to Technavio’s latest research report.
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The Drone Market report covers key trends, major growth drivers, and challenges impacting the overall market growth.
Attractive Opportunities in Drone Market by Application and Geography – Forecast and Analysis 2021-2025
The Drone Market Size Report covers the following areas:
Sizing of the drone market
Drone Market Forecast
Drone Market Analysis
The report identifies the increase in drone applications as one of the major growth factors in the market. Increasing legal acceptance of drone operations for commercial applications will be crucial to fuel market growth during the forecast period. The drone market analysis includes the application segment and the geographic landscape.
This report presents a detailed picture of the drone market through the study, synthesis and summation of data from multiple sources through analysis of key parameters.
Companies mentioned
AéroVvironnement Inc.
BirdsEyeView Aerobotics
DELAIR SAS
Leptron Unmanned Aircraft Systems Inc.
Parrot Drones SAS
PrecisionHawk Inc.
Sky Futures
SZ DJI Technology Co. Ltd.
The Boeing Company
Yuneec International Co. Ltd.