Global Commercial Drone Market Predicted to Surge to $583.51 Billion by 2030, Driven by Increased Applications and Advanced Technologies - ResearchAndMarkets.com
The global commercial drone market is expected to reach USD 583.51 billion by 2030, and register a CAGR of 38.6% from 2023 to 2030.
- The global commercial drone market is expected to reach USD 583.51 billion by 2030, and register a CAGR of 38.6% from 2023 to 2030.
- The growing application base across various end-use verticals, including agricultural, media and entertainment, and real estate, can be attributed to the rise in demand for commercial drones.
- Most end-use verticals that include a significant proportion of operational activities are likely to benefit significantly from drone utilization due to the automation of business operations.
- The advent of the 5G delivery model and the integration of cloud computing technologies into the drone production process pose substantial growth opportunities for the market.