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Drone Taxi Market Trends, Revenue, Major Players, Share Analysis & Forecast by 2027

The report’s authors have offered necessary details on the latest Drone Taxi market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Drone Taxi market entails useful insights into the estimated Drone Taxi market size, revenue share, and sales & distribution networks. Such helpful market insights are bound to help readers outline this industry’s key outcomes in the near future.

The global drone taxi market size was USD 10.8 million in 2021 and is expected to register a revenue CAGR of 63.0% during the forecast period, according to latest ****ysis by Emergen Research. Technological advancements in manufacturing solutions and increasing research & development for more efficient batteries used in drones and increasing demand for alternative modes of transport focusing on urban mobility due to increased road congestion are major factors driving market revenue growth. Several companies in various industries, such as hospitals, ride-sharing companies, scheduled operators, and private operators, are rapidly adopting drone taxis in urban areas owing to various advantages such as reduction in traffic congestion, sustainability, increased transportation efficiency, faster traveling option, and noise reduction. In addition, government entities are adopting drone taxis owing to variouspotential benefits including use of p****enger drones for emergency services such as search and rescue missions and delivery of life-saving goods. Moreover, rising innovations and collaborations between key companies are driving market revenue growth over the forecast period. For instance, on 10 January 2020, Hyundai collaborated with Uber to make drone taxi facilities available for normal citizens and make urban air mobility a reality.

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Drone Taxi Market Trend, Forecast [2021-2030] | Industry Statistical Analysis
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Drone Taxi Market Trend, Forecast [2021-2030] | Industry Statistical Analysis

The global Drone Taxi market size reached USD 10.8 Million in 2021 and is expected to reach USD 869.9 Million in 2030 registering a CAGR of 63.0%. Drone Taxis industry report classifies global market by share, trend, growth and based on propulsion ty