Commercial UAV Market Analysis 2020: Size, Growth & Forecast

Commercial UAV Market Analysis 2020: Size, Growth & Forecast

This is a preview of Drones for the Enterprise research report from Business Insider Intelligence.

• Consumer Drone shipments will hit 29 million, a CAGR of 31.3% by 2021.

• Enterprise Drones (also known as Commercial Drones) shipments will reach 805,000 in 2021, a CAGR of 51%.

• Government Drones: The Department of Defense allocated a budget of $2.9 billion in 2016 for more than 50 new drones for combat and surveillance, according to the Bard Center for the Study of Drones. 

DJI (Dajiang) Innovations

Their Phantom series is popular worldwide amongst professionals and hobbyists for its wireless technology and services such as GPS First Person viewing.

Ambarella

Ambarella is best known as the manufacturer of the chips in GoPro’s action cameras, but the company also produces video-processing chips for other drone-makers. It brought HD and UHD video to drones for the first time, powering many of DJI’s and Parrot’s best-selling products.

Boeing

Although most of its drone are targeted towards the military market, Boeing has also ventured into the ocean drone space with its acquisition of Liquid Robotics.

Business Insider

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