Juniper Research: Commercial drone sales to rise by more than 80% this year

Juniper Research predicts that annual revenues from commercial drones sales are expected to reach $481 million (€441 million) this year, up by 84 per cent on last year's figure of $261 million. The company found that a low price point had significantly reduced the barrier to entry in many sectors, with high performance models now available for less than $3,000. It claimed that the reduction in drone price points had in turn resulted in their commercial application within an array of new fields including mapping, inspection and monitoring. Juniper Research also believes that the strongest growth will occur within the agricultural sector, which it expects to account for 48 per cent of all commercial drone sales this year. Report