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Drone Market Could Reach $127 Billion By 2020, PwC Believes

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The commercial drones market is still nascent, and valued at roughly $2 billion at this time. However, this figure could skyrocket to up to $127 billion over the next four years, consulting firm PricewaterhouseCoopers LLP said in a report issued Monday.

According to the analysts, drones will soon be detecting underproductive agricultural areas, spraying...