UAV Drones Market Expected to Reach $22.15 Billion by 2022 with CAGR of 20.7%
According to Stratistics MRC, the Global UAV Drones market is estimated at $5.93 billion in 2015 and is expected to reach $22.15 billion by 2022 growing at a CAGR of 20.7% from 2015 to 2022. Increasing demand in military applications to fight against terrorism and rising demand for actionable intelligence are the major factors propelling the market growth. Whereas privacy concerns owing to stringent government regulations and lack of professional pilots are the factors hampering the market growth. Controlling accidents...
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