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Global Drone Market is Expected to Grow to $1.2B by 2020
April 7, 2016 | PRNewswireEstimated reading time: Less than a minute
Research and Markets has announced the addition of the "Drone Technology and Global Markets" report to their offering.
The global drone market is expected to grow from $639.9 million in 2014 to $725.5 million in 2015. This market is further expected to grow to $1.2 billion by 2020 with a CAGR of 11.4% for the forecast period, 2015-2020.
The global drone market in defense should reach $574.1 by 2020, while the global drone market in field operations should total $187.4 million during the same forecast period.
This report is an impact analysis of the drone market and includes factors currently driving and hindering the growth of the market, as well as factors impacting the future of the industry.
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