Skip to main content

Unnamed Aerial Vehicle (UAV) or Drones Sales across the world




The utility of the Unnamed Aerial Vehicle (UAV) is steadily well-appropriated across the world. Many countries are increasingly adopting the technology for the stakes related to security, exploration, analytics, intelligence and more. 

A new study by IHS reveals that, US demand and growing global expansion will drive the market for defense and security applications to achieve a compound annual growth rate of 6.4 percent, rising from $6 billion today to more than $11 billion per year by 2025. 

The same study reveals that, the US continues to drive the market through significant research and development and production sales, but there are growing opportunities from Asia/Oceania, Europe and the Middle East. 

Then, overall, sales in Asia/Oceania can almost double from $8 billion in total sales between 2016 and 2020 to more than $15 billion in sales between 2021 and 2025. 

IHS Jane’s expects sales to more than double in China between now and 2025 to more than $9 billion due to growing investment and overall demand. 

Strong growth is also expected in India, due to its significant border requirements. India is increasing its UAV budget to more than $3.5 billion over the next 10 years. 

In Europe, sales are also increasing. Europe will spend $6.9 billion on UAVs sales between 2016 and 2020.

Popular posts from this blog

Integrated Email in our mobile-driven world.

Email remains our faithful companion, when it comes to interact with others anywhere and anytime. With the increasing adoption of social platforms, the flexibility and the productivity brought by the emerging technologies, the traditional inbox becomes an intelligent and intuitive tool that makes you more effective from anywhere.
It can automatically surface your important email; help you, work across all your accounts; help you focus on what matters; schedule what you want at any time you want; share available times, schedule meetings; View and attach files from your Dropbox, Google Drive, Microsoft OneDrive and email accounts with just a few taps. Integrated email also helps you find your important emails, people and files; Discover the people with whom you communicate most; Access all related emails, meetings and files to manage relationships better than ever.
Acompli, paves its way within this vertical. 
It supports Microsoft Exchange, Office 365, Google Apps, Gmail, iCloud, Yahoo, Ou…

Understand the exciting growth of the Global Social Media Analytics Market

It is now clear that, the growing consumer space in social media is the primary fuel for the immense of the growth of the social media analytics market. The prominence of the social media analytics industry is attributed to the development of advanced analytics techniques, upsurge in the number of consumers in the internet and social media space.
Increasing smart-phone penetration, growing analytics industry, cheap internet availability are the driving factors for the growth.
According to Research and Markets the global social media analytics market was USD 2.28 billion in 2016 and is forecasted to reach USD 11.76 billion by 2022 at a CAGR of 31.42% for the period.
The firm also reveals that, the social media analytics market is primarily dominated by North America, and is predicted to continue its dominance. Europe follows America in terms of market share in social media analytics. However, the Asia-Pacific (APAC) region is predicted to grow at the highest CAGR.

4D Geographic Information System (GIS) data

It is interesting to observe that, vendors are focusing on the development of 4D GIS software. 4D GIS data includes 2D data, 3Ddata, and data regarding time change. An integrated database with real-time monitoring is required to generate 4D data. 
4DMapper is an Australia-based company that puts multi-source and multi-format geospatial data, including 3D and 4D GIS, on the cloud and streams it to browsers after rasterization and vectoring.