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Consumer drone market to generate $4.6 billion in revenue

Staff writer |
The consumer drone market continues to exhibit dramatic growth as users look to use them to enrich their pastimes and activities.

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Toy/hobbyist drone shipments accounted for 30% of consumer UAV revenue in 2014.
ABI Research predicts more than 90 million consumer UAVs will ship during 2025, up from 4.9 million in 2014 with a CAGR of 30.4% over the same period. Consumer drone revenues in 2025 are forecast to reach $4.6 billion.

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.

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