Quantitative Analysis

3DR - Quantitative Analysis

Here’s a scatter plot graph that illustrates an estimate of the drone industry’s total funding from 2008 to 2019 (Boedecker, 2019). More specifically, the graph depicts three variables being compared in order to show correlation over time. For instance, from 2012 to 2017, 3DR received total combined funding estimated at $152.2M (USD). In comparison, the correlation between the variables on this graph show that and where 3DR—as a single entity among all other competitors—contributed to roughly 57% of total industry funding that equated to roughly $4.42B.   

Reference

Boedecker, H. (2019). Money Talks: Drone Investment Trends Update. Drone Industry Insights. 

https://www.droneii.com/drone-investment-trends-update  

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