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
Read more
Category: UTM and C-UAS market analysis
“US defense department spent USD900 million on C-UAS in 2019” – IDGA report
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
Read more
Global counter-UAS market “will be worth USD6.6 billion by 2024”
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
Read more
“526,000 commercial drones to be delivered in 2020” – new forecast
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
Read more
2020 counter drone market worth USD20 billion says Market Forecast
A market intelligence study by Market Forecast estimates the counter drone market will be worth USD1.8 billion in 2020, rising to USD5.47 billion in 2028.
Read more
Drone identification market “to grow by USD71.1 billion to 2019” – new report
The drone identification system market worldwide is projected to grow by USD71.1 billion between 2019 and 2025, guided by a compounded growth of 66%, according
Read more
Global civil drone fleet to increase 12.6% a year to 2028 – Teal Group forecast
The Teal Group’s 2019 World Civil UAS Market Profile and Forecast projects that non-military UAS production will total USD88.3 billion over the next decade, soaring from
Read more
FAA predicts commercial UAS fleet will triple over next five years
On 30 April 2019 the Federal Aviation Administration (FAA) published its latest Aerospace Forecast, predicting that the commercial, small non-model UAS fleet will nearly triple
Read more
Global 2019-2023 UTM market grows to USD959.2 million – latest Unmanned Airspace forecast
The global UAS traffic management (UTM) market will be worth USD 959.2 million between 2019 and 2023, according to the latest UTM market survey by
Read more
Commercial UAV market “to overtake consumer segment in 2024” – new Teal forecast
Commercial drone use will surpass the consumer drone market in 2024, becoming the largest segment of the civil market, according to the latest UAV market
Read more