Drone Analytics Market (By Type: On-Demand, and On-Premises; By Solution: Point Solutions, and End to End Solutions; By Application: Geolocation Tagging, Thermal Detection, Aerial Monitoring, Ground Exploration, 3D Modelling, Volumetric Calculations, and Other Applications; By Industry: Construction, Agriculture & Forestry, Insurance, Utility, Mining & Quarrying, Telecommunication, Oil & Gas, Scientific Research, Transportation, and Other Industries; By Geography: North America, Europe, Asia-Pacific and RoW) Global Scenario, Market Size, Outlook, Trend and Forecast, 2016 – 2025
Global Drone Analytics Market is estimated to reach $15.61 billion by 2025; growing at a CAGR of 34.1% from 2017 to 2025. Drone Analytics is the process which involve the analysis of data that is received from various kinds of drone to give meaningful patterns, that can guide business decisions. The growing use of drone analytics in industries, like construction, agriculture, mining & quarrying, as well as insurance is likely to boost the growth of the drone analytics market. Various applications of data analytics used in many industries include geolocation tagging, aerial monitoring, thermal detection, ground exploration, 3D modelling, volumetric calculations, and other applications.
High demand of drone analytics for usage in commercial applications is driving the growth of the drone analytics market. Other factors impacting the growth of the market includes growing capital investments for the development of innovative & advanced drone software, and growth in the demand for sophisticated industry-specific analytical solutions. The factor like huge costs for gathering precise data might act as a roadblock for the drone analytics market growth. Furthermore, growth of advanced and complex drone software would provide many opportunities for players in this market.
The drone analytics market has been categorized on the basis of type, solution, application, and industry and geography. Type includes on-demand, and on-premises. By solution, market is categorized into point solutions, and end to end solutions. Application includes geolocation tagging, thermal detection, aerial monitoring, ground exploration, 3D modelling, volumetric calculations, and other applications. By industry, the market is further bifurcated into construction, agriculture & forestry, insurance, utility, mining & quarrying, telecommunication, oil & gas, scientific research, transportation, and other industries.
By geography, global drone analytics market has been bifurcated into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated into U.S., Canada, and Mexico whereas Europe segment consist of UK, Russia, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.
The key players operating in the market are DroneDeploy, Airware, Delta Drone, PrecisionHawk, AeroVironment, Pix4D, VIATechnik, Esri, and Kespry Inc., among others.
The key takeaways from the report
- The report will provide detailed analysis of Global Drone Analytics Market with respect to major segments such as type, solution, application, and industry
- The report will include the qualitative and quantitative analysis with market estimation over 2016 – 2025 and compound annual growth rate (CAGR) between 2017 and 2025
- Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
- An exhaustive regional analysis of Global Drone Analytics Market has been included in the report
- Profile of the key players in the Global Drone Analytics Market will be provided, which include key financials, product & Synthetic Platelets, new developments and business strategies
Scope of the Global Drone Analytics Market
- Point Solutions
- End to End Solutions
- Geolocation tagging
- Thermal Detection
- Aerial monitoring
- Ground exploration
- 3D Modelling
- Volumetric calculations
- Other Applications
- Agriculture & Forestry
- Mining & Quarrying
- Oil & Gas
- Scientific Research
- Other Industries
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- South America
- Middle East