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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Category: UTM and C-UAS market analysis
DroneDeploy predicts rapid growth in latest state of the industry report
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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Counter drone market to experience 29.6% CAGR according to latest forecast from Data Bridge Market Research
The global counter drone market will experience 29.6% compound annual growth rate over the next five years according to a new report Data Bridge Market
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Spending on drones will total USD16.3 billion in 2020 says IDC report
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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“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
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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
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“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
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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.
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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
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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
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