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Latest Innovative report on Multi-Standard Radio Base Stations Market with top key players like Telefonaktiebolaget LM Ericsson, Nokia, MaxLinear, Inc, Huawei, ZTE – KSU

Latest Innovative report on Cryptocurrency Lending Platforms Market with top key players like CoinLoan, YouHodler, SALT Lending, Nuo Network – KSU

Global Commercial Drone Market Report 2021: Market is Anticipated to Register a CAGR of 57 5% to 2028

Share this article Share this article ResearchAndMarkets.com s offering. The USD 501.4 billion global commercial drone market is anticipated to register a CAGR of 57.5% from 2021 to 2028. The rising demand for commercial drones can be attributed to the growing application base across a wide range of end-use verticals, including real estate and construction, media and entertainment, and agriculture. Majority of the end-use verticals that involve a high proportion of operational processes are expected to experience substantial productivity gains from drone usage owing to the automation of business operations. UAVs or drones are reinventing old businesses and even creating new prospects. In 2016, the Federal Aviation Administration (FAA) released regulations related to the usage of commercial drones that clarified the legal landscape for businesses and workers. Since then, the industrial applications of commercial drones have significantly increased. Drones are expected to emerge

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