$51.85 Billion Unmanned Aerial Vehicle (UAV) Market to 2025

The UAV market is expected to grow US$51.85 billion by 2025 from US$11.45 billion in 2016.

In 2017, the UAV industry marked a significant growth in UAV sales as well as software licenses. This has created aggressive competition in the market, company layoffs, low entry barriers, and reorganizations and consolidations. The commercial application of UAV has increased considerably, which resulted in companies providing better services and enhanced products to the users …


Business Wire | May 1, 2018

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