Consumer Drone Market Size Is Anticipated To Reach USD 11.56 Billion By 2030
San Francisco, 5 May 2023: The Report Consumer Drone Market Size, Share & Trends Analysis Report by By Product (Multi-Rotor, Nano, Others), By Application (Prosumer, Toy/Hobbyist, Photogrammetry), By Region, And Segment Forecasts, 2023 - 2030 The global consumer drone market size is projected to be valued at USD 11.56 billion by 2030, with an estimated CAGR of 13.3% from 2023 to 2030, according to the latest report by Grand View Research, Inc. The market is expected to expand significantly due to its widespread commercial and leisure applications. Companies are using drone-acquired data to speed up service delivery in their business operations. Evolution in in-flight controls and technology, as well as advancements in portable video and camera technology, have increased demand for consumer drones such as tiltrotors, multi-copters, and helicopters. The development of cutting-edge technology that makes drones safer, such as geo-fencing and collision avoidance, has led to a rise