Thanks to the Internet of Things, drone disruption continues to accelerate. It is revolutionizing a host of industries ranging from agriculture to sporting events to construction. According to a new study conducted by PwC on the commercial applications of drone technology, the emerging global market for business services that utilize drones is already at the $127 billion mark. It appears we are just scratching the surface.
Drones are starting to fly the open sky in droves, as manufacturers, governments and businesses discover new ways to put drones to work. This broad range of opportunities is reflected in rapid market growth. The FAA estimates that by 2020 7 million drones could be whizzing around the United States. That’s a whole lot of new activity in the air.