Technology and Media Industry

4-july-19 The global commercial drone market registering a CAGR of 56.5% over the forecast period, according to a new report by Grand View Research, Inc. The market is characterized by the growing application scope spanning a wide range of sectors such as construction, photography, real estate, and agriculture. With their capability to reach places that humans and other machines cannot, and their onboard computer controlled cameras, commercial Unmanned Aerial Vehicles (UAVs) hold enormous potential to help farmers to monitor crops, law enforcement authorities to sharpen surveillance activities, and to support insurance agents in accessing damaged assets. Drone hardware has also become more affordable to produce and purchase over the years. There has been a notable improvement in battery life along with the progress in the degree of autonomy for UAVs. As a result of all these developments, contemporary drones possess the ability to be used across a broad range of applications in t...