- Published on September 7, 2020
- In AI Features
AI & ML Can Open Up Space For Drones To Demonstrate Full Potential: Karthik Shankaran, CIO, DEP
Image by AI & ML Can Open Up Space For Drones To Demonstrate Full Potential: Karthik Shankaran, CIO, DEP
- By Sejuti Das
The demand for drones in the market has seen an incredible upsurge lately. As a matter of fact, the convenience of remote monitoring and its flexibility in harsh terrains has considerably increased the popularity of drone technology across segments like eCommerce, agriculture, warfare, to name a few, which was unthinkable a decade ago.
According to data, the current global market size of drone technology is about $14 billion and is expected to grow to $43 billion by the year 2024. The major chunk of this growth can be attributed to its significant usage in commercial deliveries. Currently, there are several drones start-up companies in India, which focus on the development, manufacturing, providing analytics platform for drone solutions. Some prominent names include Bangalore-base
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Sejuti Das
Sejuti currently works as Associate Editor at Analytics India Magazine (AIM). Reach out at sejuti.das@analyticsindiamag.com
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