Drones – A 2 Billion Dollar Industry By 2025
Some trends have the capacity of turning into mega trends and bringing about a dramatic shift in the economy as we know it. UAVs have managed to do that in a rather short period of time.
From being considered as mere “toys of the hobbyists”, “flying cameras of the rich,” or the “clandestine military operative machines”, drones have further penetrated vast areas of our economy and are starting to become a major part of our everyday lives. Unimaginable uses of drones are coming to life every single day and their evolution is only going to surge with time.
Business tech buffs globally are trying to get a slice of this rapidly growing trend’s pie. The drone business opportunity market is posed to grow 190% from 2014 to 2024, according to The Drone Co.
For a budding entrepreneur, owning a drone in this day and age is a latent business opportunity just waiting to be explored and exploited. For opportunistic business people, drones have multiple uses and can be explored and utilized in a variety of ways.
Before getting started with a drone-related business, it is fundamental to check local regulations on the commercial use of unmanned aerial vehicles (UAVs). Some countries already have introduced strict regulations that limit the use of drones.
The Drone Company is worth checking out if you are an entrepreneur looking for a solid plan to break into the business of drones.
Original Article by Divya Joshi can be found on Tech Insider along many more resources about business of drones.
