Commercial Drones Market Size is Projected to Reach USD 20.39 Billion by 2024

The new commercial drones market research from Technavio indicates Negative growth in the short term as the business impact of COVID-19 spreads.

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Technavio has announced its latest market research report titled Global Commercial Drones Market 2020-2024 (Graphic: Business Wire)

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“One of the primary growth drivers for this market is the Rise in Application of Drones,” says a senior analyst for the Industrials industry at Technavio.

The use of drones is highly preferred as they effectively deliver goods in a shorter time than road transport. Moreover, the use of drones for delivery helps in overcoming the limitations caused by the increasing traffic congestion. Furthermore, drones are also intensively being deployed in disaster management applications and are used to deliver food,

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