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Impressive growth predicted for anti-drone market
Impressive growth predicted for anti-drone market | #Verdafero #Drones #Security #Integrators | In their latest research, the anti-drone market was valued by Marketsandmarkets at USD 0.6 billion in 2020 and is projected to reach USD 2.4 billion by 2025; it is expected to grow at a CAGR of 32.2% from 2020 to 2025. Major factors cited by the analysts as driving the growth of this market are, increasing use of drones, terrorism and illicit activities worldwide and rising incidences of security breaches by unidentified drones.
The new report on the Anti-Drone Market with COVID-19 Impact to 2025, suggests that the detection and disruption application holds the larger share of the anti-drone market and that it is likely to continue to do so during the forecast period. The growth is attributed to increased number of terrorist groups, which are demonstrating the ability to operate a wide range of drones, including armed systems. Furthermore, detection and disruption systems have major applications in the military & defense and homeland security verticals wherein the entry of any unauthorized drone in the prohibited area of a country is detected, and then, the drone is disrupted on the spot.
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