Why 2017 Will Be The Year Of Drones
2016 taught us a lot about drones and their potential to deliver benefits for consumers, communities, and businesses alike. Google and Chipotle tested burrito delivery on the campus of Virginia Tech, while cities nationwide turned to drones to help first responders, inspect bridges and roads, and monitor construction sites. We witnessed the launch of innovative products from Intel, Yuneec, DJI, Sensefly, and others — not to mention GoPro’s first drone. Through it all, we experienced changes in FAA regulations and the advent of Part 107, which has opened the skies for drone commerce, making once experimental drone operations completely routine.
And we’ve only scratched the surface. In 2017, we’re going to see drones come to the forefront of business, tech, and our daily lives. Let’s talk about what drones have in store for us next year.
Follow the money … away from venture capital
We’ll see VC investment in drones decline in 2017, but that doesn’t mean total investment will slow. Expect large enterprises like telecom companies and large consumer electronics brands to begin investing more seriously in the drone space — along with increased M&A activity and more strategic partnerships. More drone companies will prove they can generate revenue and will attract partners who can help them accelerate.