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
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)
Drone Analytics, Application Outlook (Revenue - USD Billion, 2018 - 2030)
Drone Analytics, Type Outlook (Revenue - USD Billion, 2018 - 2030)
Drone Analytics, Solution Outlook (Revenue - USD Billion, 2018 - 2030)
Drone Analytics, Regional Outlook (Revenue - USD Billion, 2018 - 2030)