To enlighten investors on the impact of the breakthroughs and opportunities they should embark on, ARK Invest began publishing Big Ideas in 2017. The annual research reports seek to highlight the latest development in innovation and offer some of ARK's most provocative research conclusions for the year.

 

As we know, the technological aspects of life are developing at a rapid speed. With this rate of development, we wouldn't know what to expect soon anymore. But, luckily Ark Invest did some hard work for us and piled up all their expectation and prediction of the future on their website; the link can be found at the bottom of this blog.

 

Among its prediction, Ark Invest says that Drones would be a vital aspect for us in the future. Predicting that Drones would dramatically reduce the cost to transport goods and people too. Their prediction includes that Drones would deliver our packages, food, and even people quicker and more conveniently in the not-to-distant future. It would transform the way we shop, our behavior, and our attitude toward shopping, also it would reduce time and save lives. The prediction states that the drone delivery platform would generate roughly $275 billion in delivery revenues, $50 billion in hardware sales, and $12 billion in mapping revenue by 2030.

 

Autonomous Air Travel Has Become Possible And Affordable

 

Battery technology is improving enough so that flight energy reserves can meet regulations, enabling air taxis and air ambulances to take to the skies safely. In addition, machine learning improvements have enabled autonomous flight, reducing costs dramatically.

 

 

 

Drones Enable Cost Savings And Convenience

 

• In the past two years, the Federal Aviation Authority (FAA) has kickstarted the commercial drone industry by allowing companies to operate drones beyond line of sight and, in some cases, to operate drone airlines.

 • Florida is building the first US passenger drone vertiport,1 with plans to operate in 2025.

 

 

Read the complete research HERE