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Military drone market to hit $10 billion by 2024 – Al Arabiya News

Military drone market to hit $10 billion by 2024 – Al Arabiya News

The market for military drones is expected to almost double by 2024 to beyond $10 billion (8.9 billion euros), according to a report published Friday by specialist defense publication IHS Jane’s Intelligence Review.

“The global defense and security market for Unmanned Aerial Vehicles (UAVs) will expand at 5.5 percent per year over this decade…

Source: Military drone market to hit $10 billion by 2024 – Al Arabiya News