Benefits of commercial drones and upcoming major trends
In many ways, 2020 would be another big year for commercial drones. The market has witnessed slow and steady growth over the years, and according to Allied Market Research, the global commercial drone market is expected to reach $10.73 by 2022, growing at a CAGR of 26.2% from 2016 to 2022. This exponential growth is due to the high demand for cost-effective, energy-saving and eco-friendly OLED lighting coupled with growth in display and large screen backlit market. On the other hand, the outbreak of COVID-19 has reshaped every other industry and business function in the world and the commercial drone industry is no exception.