GoPro, the well-known American company known for its highly acclaimed Hero series of action cameras, has announced that it is winding down its drone business, citing stiff competition in the segment and "hostile regulatory policies" in some markets. In its official press release, the company has announced that it will exit the drone market after selling the remaining inventory of its Karma drone, but GoPro will continue to support its latest drone offering for an unannounced period of time.

The news may come as a shock to GoPro Karma customers, especially considering that the Karma was received quite well and was considered a potent rival to DJI's Phantom drone. Well, now that the Karma drone is living in its twilight era, it's time to look at the alternatives to GoPro's offering.

To save you the trouble of scouring the internet for a good alternative, we've compiled a list of the 8 best GoPro Karma alternatives that will offer maximum value for your money and won't let you down on any front. Let's take a look at the best GoPro Karma alternatives on the market right now:

When it comes to drones, there's hardly any other brand as acclaimed and with the same domain expertise as DJI, so it comes as no surprise that a list of the best drones on the market will include some names from DJI's lineup. The DJI Mavic Pro certainly lives up to the Chinese company's reputation, but being one of the smallest drones in DJI's line-up doesn't mean the Mavic Pro lacks features, instead it offers excellent value for money in its price bracket.