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The Big Business of Consumer Drones

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Big Business of Consumer Drones

The Big Business of Consumer Drones

 
Add consumer drones to the ever-growing list of technological revolutions set to make big bucks.

Due to the various new applications of drones in a wide range of industries, sales are flying sky high. As the infographic states, the drone market will be worth a whopping $140 billion by the end of the decade.

However, with this rapid expansion of drones, there is also controversy that follows. Just this past week, a Downtown Vancouver high-rise resident complained of a video equipped drone spying on him and other apartments. The man recorded the incident and reported it to the police, who according to him were not overly concerned. Drones have been becoming an issue for lawmakers lately as their prevalence is growing. New laws and regulations must be implemented quickly, as there are little or no laws that govern these machines.

Now, let’s move to the fun part, how you can make money off of drones. Here are the three best stock picks for the drone revolution, according to Market Watch. These companies are not just assembling drones, they’re heavily investing in the commercial application of drone technology.

 

Original infographic from: Jabil

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Mapped: Internet Download Speeds by Region

North America and East Asia have the speediest internet.

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Map illustrating median download speeds in each global region.

Mapped: Internet Download Speeds by Region

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

In today’s fast-paced world, internet speed isn’t just a convenience—it’s the driving force behind how we work, play, and connect.

In this map, we illustrate median download speeds in each global region, based on data from the World Bank’s Digital Progress and Trends Report 2023.

North America and East Asia Have the Speediest Internet

According to the World Bank, download speeds in high-income countries increased significantly between 2019 and 2023, while speeds in lower-income countries stagnated.

As of 2022, North America and East Asia have the speediest internet.

RegionMedian mobile download speed (Mb/sec)Median fixed broadband download speed (Mb/sec)
East Asia & Pacific90171
Europe & Central Asia4485
Latin America & the Caribbean2674
Middle East & North Africa3636
North America83193
South Asia2743
Sub-Saharan Africa1615

This difference in broadband speeds can mainly be attributed to investment.

In 2020, nearly 90% of global telecommunication investment came from East Asia and the Pacific, Europe and Central Asia, and North America. These regions not only concentrate the highest-income population but also the top technology hubs.

Meanwhile, low- and middle-income regions such as Latin America and the Caribbean, South Asia, and Sub-Saharan Africa accounted for less than 10% of total investment.

Most of the investment is directed towards fiber optic and 5G mobile networks. According to the mobile industry association GSMA, mobile operators alone are projected to invest more than $600 billion between 2022 and 2025, with 85% of the total allocated for 5G.

In 2023, broadband speeds in high-income countries were 10x faster for fixed connections, and 5x faster for mobile connections compared to those in low-income countries.

Fixed broadband connections, which provide high-speed internet to residences or businesses, reached 38% of the population in high-income countries. In comparison, fixed broadband penetration was only 4% of the population in lower-middle-income countries and almost zero in low-income countries.

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