Home Press Releases Drone Analytics Market Size Worth $12.79 Billion by 2030 | CAGR: 25.2%

Drone Analytics Market Size Worth $12.79 Billion by 2030 | CAGR: 25.2%

The global drone analytics market size is expected to reach USD 12.79 billion by 2030 according to a new study by Polaris Market Research. The report Drone Analytics Market Share, Size, Trends, Industry Analysis Report, By Industry; By Application; By Type (Service, Software As A Service); By Solution (End-to-End, Point); By Region; Segment Forecast, 2022 – 2030 gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The increasing need for intelligent photogrammetry software solutions across numerous sectors is projected to offer immense growth opportunities for market participants. Leading players are concentrating on integrating advanced technologies in their resolutions for improved performance to capitalize on lucrative growth opportunities.

 

Further growing demand for drone analytics in commercial applications boosts the market demand over the forecast timeline. Drones are viable options for many commercial functions. They gathered localized visual information quickly and cheaply.

 

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Specialized drone analytics solutions play an important role in data collection compared to traditional data collection tools. Drones produce real-time data, the analysis of which provides decision-makers practical knowledge. An effective framework for handling and storing the enormous volumes of data produced by drones is provided by cloud computing. It increases computing power and helps automate end-to-end system functions for drones.

 

By utilizing advanced technology like AI and machine learning, drone analytics solutions enable users to separate processed data into valuable assets for information extraction.

 

These solutions are being embraced by the infrastructure and construction sectors more quickly. Top industry companies are creating solutions that include technologies like big data analytics, computer vision, and machine learning to reduce the time required by the employees in the field.

 

Additionally, businesses are investing significantly in developing solutions to expedite the building process and sharply cut the time necessary for infrastructure inspections.

 

Drone Analytics Market Report Highlights

  • The agriculture industry is supposed to grow fastest over the forecast period as drones can map large areas of the farmyard and provide relevant data to offer actionable insights to increase crop yields and save money.
  • Aerial monitoring holds the largest market share due to the rising use of drone analytics for real-time aerial inspection, which helps measure construction sites and quickly tackle issues.
  • Software as a service is expected to grow the fastest due to the growing emphasis on leveraging advanced software tools.
  • End-to-end solutions are anticipated to experience significant expansion as market participants offer processing, analysis, and management capabilities in a single solution.
  • North America is anticipated for the largest market share due to the growing demand for improved drone-based surveillance and inspection.
  • Major players operating in the industry include Aerovironment, Agribotix, AgEagle, Delta Drone, Dronedeploy, Draganfly, Dronifi, ESRi, GE Digital, HuvrdatA, Kespry, Neurala Inc., Optelos, Pix4d, Precisionhawk, Scale AI Inc., Sentera, Skydio, Skycatch Inc., and Viatechnik.

 

Polaris Market Research has segmented the drone analytics market report based on industry, application, type, solution, and region:

 

Drone Analytics, Industry Outlook (Revenue – USD Billion, 2018 – 2030)

  • Agriculture
  • Engineering & Infrastructure
  • Insurance
  • Energy & Power
  • Telecommunication
  • Transportation & Logistics
  • Defence & Security
  • Maritime
  • Public Safety
  • Retail & Ecommerce
  • Environmental & Weather
  • Others

Drone Analytics, Application Outlook (Revenue – USD Billion, 2018 – 2030)

  • Thermal Detection
  • Geolocation Tagging
  • Aerial Monitoring
  • Ground Exploration
  • Volumetric Calculations
  • 3D Modelling
  • Others

Drone Analytics, Type Outlook (Revenue – USD Billion, 2018 – 2030)

  • Service
  • Software as a service

Drone Analytics, Solution Outlook (Revenue – USD Billion, 2018 – 2030)

  • End-to-End Solution
  • Point Solution

Drone Analytics, Regional Outlook (Revenue – USD Billion, 2018 – 2030)

  • North America
    • U.S
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
  • Latin America
    • Argentina
    • Brazil
    • Mexico
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

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