Drone Camera Market Analysis

The market is segmented by application into thermal imaging, surveillance, and photography and videography, out of which, the surveillance segment is anticipated to hold the largest share in the global Drone Camera market. This can be accounted to the growing usage of flying cameras by authorities for street surveillance to broadcast messages and information about lockdown measures, especially in rural areas. Apart from this, growing privacy and security concerns are also predicted to boost the market segment growth in the future. Additionally, on the basis of end use, the military segment is assessed to acquire the largest share during the forecast period ascribing to the rising defense budget worldwide, and increase in the number of agreements between government and local authorities for the supply of drones. According to the World Bank, the world’s military expenditure as a share of GDP was calculated to be 2.439 percent in 2020, up from 2.188 percent and 2.149 percent in 2019 and 2018 respectively.

Our in-depth analysis of the global market includes the following segments