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Drone spending earmarked to smash £12 billion this year

January 13, 2020

Spending on drones will total $16.3 billion (£12.6 billion) in 2020 and is forecast to grow at a 33.3% CAGR, one of the world’s most prominent analyst firms has declared.

According to IDC, spending on drones will continue to be dominated by hardware purchases with more than 90% of the category total going toward consumer drones, after-market sensors, and service drones in 2020.

Drone software spending will primarily go to command and control applications and drone-specific applications while services spending will be led by education and training.

Click HERE to read the full article by ‘Commercial Drone PROFESSIONAL

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