Commercial drone shipments to top 2.6 million by 2025

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According to a new report from Tractica, a growing interest in using remotely piloted aircraft (RPA), also known as unmanned aerial vehicles or drones, will drive commercial RPA shipments from 80,000 in 2015 to more than 2.6 million annually by 2025.

The market intelligence firm forecasts that annual revenue from commercial drone hardware sales will reach nearly $4 billion in the same timeframe. However, the more significant revenue opportunity will be in commercial drone-enabled services, which Tractica forecasts will grow to $8.7 billion annually by 2025. [Read more…]