ARK estimates that drone delivery platforms could bring in nearly $50 billion in annual revenue by 2024 and $274 billion by 2030 across parcel, food delivery and air taxis. Drone Delivery Eyes Billions of Dollars in RevenueĪnd that’s just retail sales. More than that, the market is expected to grow at a 50% annual pace to $115 billion by 2030…that’s a seven-fold increase in annual revenues for companies in the space. That’s the purple section of the bar here showing global ecommerce share of retail. Now drone deliveries are basically nil right now but ARK estimates could account for 13% of retail sales by 2025 for $15 billion in annual revenue. Make sure you join the community so you don’t miss any of those videos because these are going to be the stocks you want to be in over the next decade! I’ll be putting these videos into a special playlist on the channel called Ark Invest Stocks to Buy. So over the next few months, I’m going to dig deep into these 15 disruptive trends, show you that research, help you analyze it and then reveal the top stocks to buy in each! That data is from the Ark Invest Big Ideas report, a 112-page research report from Cathie Wood and the team at Ark Funds on the 15 life-changing trends they’re following. It could deliver pharmaceuticals in under 10 minutes and at a fraction the cost of mail delivery or driving yourself. Sending that same package same-day by bike courier can cost $125.īut drone delivery is about to change both how much you pay and the time it takes to deliver everything from groceries, the chia pet Gremlin you got your mom and even delivering your butt into the city for work.ĭrone delivery has reduced the cost to send a five pound package through Amazon Prime to almost nothing and requiring less time than bike messenger.
It can cost $30 or more to FedEx a five pound package just ten miles and that’s for next-day delivery. Nation, ecommerce jumped 32% last year to more than 21% of total retail sales, cramming years of online shopping growth into one…but as fast as ecommerce is growing, delivery time and costs are still holding it back.ĭelivery costs add between ten- and 20% onto the price of ecommerce purchases with the time to deliver sometimes adding days. Join the Let's Talk Money community on YouTube! Drone Delivery Promises Huge Growth Click over to join us on the channel and start creating the financial future you deserve! We're building a huge community on YouTube to beat your debt, make more money and start making money work for you.