Drone makers giving up on consumer sales, putting hopes on commercial uses

By November 15, 2016Uncategorized
This post was originally published on this site

SILICON VALLEY — The drone industry is shifting its focus to business applications as consumer demand for the aerial devices appears to wane.

Drone investors and entrepreneurs are seeing lucrative opportunities for drones in industries such as insurance, construction, agriculture and environment, according to Reuters. By 2020, $127 billion worth of labor and business services could be replaced by drones, according to a May report from consulting firm PricewaterhouseCoopers. Moreover, “In the…