The creation of many technological advancements we have today are often a result of society creating a demand for more efficiency in everyday tasks. This growing demand leaves room for tech engineers alike to rise and attempt to meet this demand with new technologies and AI systems. Simply put, companies that rise to fulfill this call of high technological needs, investments and maximize usage of AI systems alike are expected to perform the best. This is easily observed when considering the 1903 invention of the fixed-wing aircraft, or drone; which later in 1913 contributed to the creation of the first noted drone being used as a weapon by the US during World War I. Drones not only play a significant role in underlying basic societal needs but also act as a strategic tool for military intelligence and national security/safety. Overall, this article will further contribute knowledge and statistical insight regarding the role of Drone usage for society, and small companies alike.

Domestic & International Usage

Drones are a system that is used by most countries today, for both commercial and federal means. Considering both allies and competitors, drones are a great tool nationally, often assisting law enforcement, and capturing motion films or difficult pictures; and internationally, often being used for national security and as militant weaponry.

Figure 1: Countries with Armed Drones (Accessible in PDF Version) 

As more countries take steps towards acquiring drones and greater technological means to improve safety, competing countries are adopting. In 2013, China innovated a system called the Sharp Sword, the world’s first non-NATO stealthy unmanned combat vehicle that can carry individual strikes to enemies without being detected by radar. This innovation created both competition and discomfort amongst NATO and many other countries seeking to “out-perform” or: keep-up” with China. The relationship is directly proportional and whoever can advance with these developments will advance with their company or country rather. The longevity of drone usage is expected to not just remain consistent but grow as needs and technology continues to revolutionize. Economist and innovators alike agree that the development of the drones is a fast growing and promising market to be further educated and potentially invest in.

Application of Drones in Surveying:

• Surveying or land surveying
• Shipping and delivery
• Geographic Mapping
• Disaster Management
• Precision Agriculture
• Search and Rescue
• Weather Forecast
• Wildlife Monitoring
• Law Enforcement
• Entertainment
• Aerial Photography

Financial Analysis of Drones

The implementation of drone usage yields high returns for both international / foreign markets as well as small business owners. This promise for increased return is attributed to a continual upward trend in Drone stock growth despite time, changing markets, and economic recessions / downfalls. In a related article Facebook states, “Drone stocks are massive opportunities for companies and investors.” Fortunately, there is authentic data to support this claim. BusinessInsider.com states that, “The commercial drone market is expected to skyrocket to $23 billion annually by 2022, up from just $6 billion right now.” With the usage of drones continuing to grow, experts agree that considering an investment opportunity is highly favorable. Revisiting the 3 main drone types: commercial, civilian, and defense, a drone investment in any avenue can contribute towards a profitable return.

Consider DJI (Dajiang) Innovations which is currently the leading name in manufacturing civilian drones. This company captures approximately 70% of the global consumer and enterprise drone market and would work as a great investment opportunity for those hoping to obtain international investments from a societal / business perspective. Another great company which greatly impacts society is Ambarella (NASDAQ:AMBA). Ambarella are best known as the manufacturer of the chip for the GoPro’s action camera. Finally, from a military perspective the Boeing (NYSE:BA) Insitu is another great investment opportunity. Boeing plays a great role in the medium-sized drone space industry. This drone company dominates the military market and has become known as the face of venturing into ocean drone space using its system of Liquid Robotics.

2016-2020 Assessment of Drone Stock

From this visual the reader can conceptualize specific significant leaders in the drone industry’s stock growth over the last 4 years, as well as create generalizations about the market’s growth. Despite the many economic change over the year’s drones continue to provide investors with promising growth and upward trends, as well as the promise of increasing investments in the coming future as previously mentioned early.

Figure 2: Stock Evaluation (Accessible in PDF Version) 

Potential Stock Growth: Drone Market Size and Forecast 2018-2024

There is no doubt that technology continues to revolutionize the way world views national safety, commercial practices and civil communication. Drones have provided the world with a unique opportunity to competitively grow their means of national safety and defense unlike any other industrial or military market has before. Overall, drones facilitate for a market of high growth and longevity, while also making positive strides towards revolutionizing societal means such as the film industry, business, and military defense. With such a high reward for investment opportunities due to international and domestic involvements, drones continue to be a great option for investors and individuals seeking to understand the future of global technology.

Conclusion

Drones as data service is in current use and would be in the near future. The drone market would rise as the applications like Infrastructure inspection, transportation, precision farming are on the rise and drones would provide proper business solutions at a cost effective rate.