Increasing Demand for Human-Drone Collaboration and the Maturity of 5G to Spur Growth in the Drone Market, With Shipments to Reach 3 Million by 2025

Increasing Demand for Human-Drone Collaboration and the Maturity of 5G to Spur Growth in the Drone Market, With Shipments to Reach 3 Million by 2025

Jun 28, 2022 by PR Newswire

Key Facts

  • , /PRNewswire/ --The market of small unmanned aerial systems (sUAS), commonly known as drones, continues to grow, and global technology intelligence firm ABI Research predicts total worldwide shipments of sUAS ecosystems to reach 3 million by 2025, increasing at a 25% compound annual growth rate (CAGR).
  • At the same time, the maturity of drone hardware and complementary technology such as 5G allows more countries to relax their drone regulations and build up their domestic drone supply chain due to heightened techno-geopolitics disputes.
  • "In recent years, the emergence of drone service providers aims to provide dedicated solutions for specific applications, helping end users to learn, adopt, and deploy drones in their daily workflow seamlessly," says Lobina.
  • While DJI will continue to dominate the commercial sUAS market and remain the largest manufacturer globally, advanced economies are increasingly concerned with the dominance of Chinese vendors in their technology supply chains.

Click To Read Full Article

PERSON
LOCATION
PRODUCT
GROUP
GEOGRAPHY
ORGANIZATION
PERCENT
CRYPTOCURRENCY
MISCELLANEOUS

This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2021 Kwhen Inc.

Was this content valuable for you?