Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Drone Camera Market size was over USD 17.48 billion in 2024 and is poised to exceed USD 508.64 billion by 2037, witnessing over 29.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of drone camera is evaluated at USD 21.88 billion.
The growth of the market can be attributed to the growing adoption of drone-based applications across the globe, and rise in government spending capacity over public facilities and spaces. In 2019, the total shipments of internet of things (IoT) enterprise drones were more than 350,000, which rose up to about 520,000 by the end of the year 2020. The value is calculated to increase up to 1.2 million by 2023.
Along with these, increasing acceptance of infrared illumination for improved vision in a variety of consumer applications, especially in the retail sector, and availability of high-resolution satellite imagery are also expected to drive the market growth in the forthcoming years. Furthermore, expansion of the application areas of drone cameras such as LiDAR, GPS, and mapping services are projected to offer ample growth opportunities to the market in the near future.
