Global drone market estimated to reach $14 billion over next decade: study

WASHINGTON - The worldwide non-military drone market, dominated by manufacturers in China, will triple in size to $14.3 billion in sales over the next decade, a study released on Wednesday said, even as U.S. officials warn of national security risks.

The report comes amid increased security concerns from the United States and private U.S. companies that Beijing could access sensitive data and footage collected by Chinese-made drones. In May the Department of Homeland Security warned U.S. firms of the risks to company data from Chinese-made drones, according to a notice reviewed by Reuters.

DJI customers have"full and complete" control of their data, said spokesman Michael Oldenburg in a phone interview.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Global drone market estimated to reach US$14 billion over next decade - studyThe worldwide non-military drone market, dominated by manufacturers in China, will triple in size to US$14.3 billion in sales over the next ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Global drone market estimated to reach US$14 billion over next decade - studyThe worldwide non-military drone market, dominated by manufacturers in China, will triple in size to US$14.3 billion in sales over the next ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

United tops profit estimates as MAX woes prompt higher fares in robust travel marketREUTERS: United Airlines Holdings Inc on Tuesday reported a bigger-than-expected increase in second-quarter profit, driven by strong air travel ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »