Consumer drone market to generate $4.6 billion in revenue
Toy/hobbyist drone shipments accounted for 30% of consumer UAV revenue in 2014.
According to research findings, toy/hobbyist drone shipments accounted for 30% of consumer UAV revenue in 2014, while the prosumer segment captured 69%. ABI Research anticipates that toy/hobbyist UAV revenue will surpass prosumer UAV revenue beginning in 2017, and will account for more than two-thirds of the $4.6 billion consumer drone market in 2025.
Additionally, the report finds that as the complexity of technology in the toy/hobbyist segment continues to increase, consumer UAVs with at least one camera can expect higher shipments than those without any cameras from 2019 onward.
These cameras will not be limited to taking pictures and video, but will also be utilized for machine-vision applications, such as motion tracking, obstacle avoidance and other advanced functionalities. ■