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Global drone spending is expected to surpass $100 billion in the next five years, according to a report from Goldman Sachs. The firm sees spending from military at $70.1 billion, commercial at $20.6 billion, consumer at $14.5 billion and civil at $2.7 billion. “Commercial drones offer greater autonomy, range, and support systems than Consumer versions, and we see applications in industries from construction and agriculture to journalism and real estate.

“Commercial drones offer greater autonomy, range, and support systems than Consumer versions, and we see applications in industries from construction and agriculture to journalism and real estate. Increased Commercial use is also likely to spawn offshoot markets in areas such as drone insurance. The Commercial market is emerging and opaque, with many privately held manufacturers like PrecisionHawk, Aeryon Labs and DJI,” according to the note.

This seems to be a credible forecast with the bulk of the money in the military sector where you would expect it. Not sure how civil differs from commercial.

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