Projected To Grow Over 25 Percent, Reaching $17 Billion Valuation By 2024
The commercial drone market is forecast to rise over 25 percent by 2024, according to a new report from Global Market Insights. The growth during the forecast period is due to the increasing application across sectors like agriculture, delivery, media and real estate. Since its inception, commercial UAVs have been used for capturing photographs and videos for various user purposes. However, the product's capabilities have led to increasing application across various industries in the past couple of years.