Drone Service Provider Insurance Market Set to Soar Amid Expanding Commercial Drone Adoption
In 2024, the global drone service provider insurance market was valued at approximately USD 850 million and is expected to grow at a compound annual growth rate (CAGR) of 17.3% from 2024 to 2032. By 2032, the market is forecast to reach around USD 3.45 billion, fueled by increasing drone deployments, regulatory support, and rising awareness about risk mitigation among drone operators.