Technavio’s latest research report sheds light on the top seven vendors in the commercial drone-enabled services market from 2016-2020. The entire industry is expected to grow at an annual CAGR of 35.47%, despite the increasing prevalence of countrywide crackdowns to ban the devices.
The report says that countries have been denied permission for drone operation due to limited staff for air traffic management, increasing air traffic and citizen safety.
However, the top seven vendors in the market are driving the market’s growth. Technavio says the market is one of the fastest-growing and highly competitive markets.