The CTA (Consumer Technology Association) has released their projections for the US and worldwide Drone market for the years 2016-2020. Droneflyers.com was proud to provide essential data and consulting to the CTA (produces of the CES Show in Las Vegas) in order to help them provide the most accurate projections possible.
After studying their new report we conclude that they did a fine job in comparison to their earlier models. Here are some of the highlights and some editorial on their projections and the market in general.
Highlights – and some of our opinions!
The US represents approx. 25% of all Consumer Drone revenue worldwide. This figure is probably lower than the former 30% as the ROW (Rest of World), especially China and Europe, increase in sales and importance.