WASHINGTON—The urban air mobility (UAM) market is forecast to expand at a compound annual growth rate (CAGR) of 11.33% through 2030, according to a new report released by consultants at MarketsandMarkets. The report estimates the UAM market to be worth $5.3 billion in 2018 and projects it to reach $15.2 billion by 2030, driven both by consumer demand for alternative transportation, as well as advances in unmanned aviation and other technologies. The platform segment is projected to ...

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