Category: UTM and C-UAS market analysis

Frost & Sullivan’s latest market analysis, Global Commercial UAS Market Outlook, 2020, finds that the industry is transitioning from a nascent to a growth stage. With

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By Jenny Beechener The US Federal Aviation Administration (FAA) released its Aerospace Forecast 2020-2040 at the end of March 2020. The FAA forecasts that the

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A study by Fortune Business Insights expects the small drone market to increase from USD6.46 billion in 2018 to USD22.55 billion in 2026. The company’s

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The Middle East unmanned aerial vehicle market was valued at around USD2.30 billion in 2019 and is expected to reach USD3.95 billion by 2025, exhibiting

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According to DroneDeploy’s latest state of industry survey, drones “are poised for rapid scale and growth in 2020 and the decade ahead”. Drone Deploy surveyed

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A report published by International Data Corporation (IDC) estimates spending on drones will reach USD16.3 billion in 2020 and will experience 33.3% compound annual growth

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In 2019 the US Department of Defense spent roughly USD$900 million on C-UAS solutions ranging from lasers to integrated systems, according to the Institute for

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The global counter-drone market will grow from around USD 1.2 billion in 2019 to USD 6.6 billion in 2024 at 41.1% CAGR, according to a

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In 2020, worldwide shipments of Internet of Things (IoT) enterprise drones will total 526,000 units, an increase of 50% from 2019, according to market forecaster Gartner, Inc. Global shipments

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