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Market Overview:

Drone Data Analytics Industry Size is expected to reach USD 14.2 Billion by 2030, registering a CAGR of 28.30% during 2022-2030.

The growth of the global Drone Data Analytics Industrycan be attributed to the increasing adoption of 3D printing for manufacturing drone parts and rising use of advanced drone cameras in the oil & gas, agriculture and forestry, construction industries. However, stringent government regulations regarding drone use and the limited flight range may hinder market growth. For example, in the US, a commercial remote pilot certificate from the Federal Aviation Administration (FAA) is required to fly drones for commercial purposes.

The global Drone Data Analytics Industry has been segmented based on type, solution, application, industry, and region.

On the basis of type, the global Drone Data Analytics Industry has been divided into on-premise and on-demand. The on-demand segment is expected to account for the larger market share and register the higher CAGR during the forecast period of 2020 to 2030. On-demand services offer flexibility, low cost, and customization, which is driving the growth of the segment.

Based on solution, the global Drone Data Analytics Industry has been classified as end-to-end solutions and point solutions. The end-to-end solutions segment dominated the market in 2018 and is expected to register a higher CAGR during the forecast period. End-to-end solutions offer benefits such as enhanced operational efficiency, reduced costs, inter-department communication, and no third-party involvement.

By application, the global Drone Data Analytics Industry has been categorized as geolocation tagging, thermal detection, aerial monitoring, volumetric calculations, ground exploration, 3D modeling, and others. The 3D modeling segment dominated the market in 2018 and is expected to be the fastest-growing during the forecast period. Drones offer capabilities such as real-time color or infrared imagery and external first-person view (FPV) cameras and displays that enable users to receive real-time 3D models and videos of enhanced quality. Additionally, they are compatible with smartphones, which enable users to receive and view 3D models and images on their phones

Key Players:

Airware in the US, Aerovironment Inc in the US, Eagle aerial system inc in the US, Dronedeploy in the US,Delta drone in France, Esri in the US, PrecisionHawk inc in the US, Viatechnik LLC in the US, Pix 4D SA in France, Kespry in the US, Options in the US, HUVRdata in the US, DJI in china, 3D robotics in the US, Sentera inc in the US

Market Segmentation:

On the basis of industry, the global Drone Data Analytics Industry has been divided into construction, mining and quarrying, agriculture and forestry, insurance, utility, oil & gas, transportation, telecommunications, scientific research, and others. The agriculture and forestry segment dominated the market in 2018. However, the construction segment is expected to exhibit the highest CAGR during the forecast period. Data analytics solutions provided by companies such as Airware enable construction companies to view elevation maps, survey designs through drone mapping, and collaborate with teams on different sites, which is driving the growth of the segment.


Regional Analysis:

Based on region, the global Drone Data Analytics Industry has been segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America accounted for the largest market share in 2018. However, the market in Asia-Pacific is expected to register the highest CAGR during the forecast period. The presence of various drone manufacturers such as DJI in China is propelling market growth in the region. Additionally, the rising number of drone analytics startups in developing nations such as India is boosting market growth. For example, in 2018, SenseHawk, a drone analytics startup, raised USD 2 million in a funding round led by SAIF Partners.


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Bharat Book Bureau Provides the Trending Market Research Report onDrone Analytics Market by Industry (Agriculture, Engineering & Infrastructure, Insurance, Energy & Power, Defense & Security, Telecommunication, Public Safety, Transportation & Logistics), Application, Type, Solution and Region - Global Forecast to 2027underDefence Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence and Market reports.
The Drone Analytics Market is estimated to be valued at USD 2.1 billion in 2022 and is projected to reach USD 6.5 billion by 2027, at a CAGR of 25.5%. This growth can be attributed to the rising demand for drones used for monitoring and inspection by industries as part of their maintenance practices. A visual inspection is essential to ensure the appropriate maintenance of a company’s resources. Drones are used for pipeline and infrastructure inspection, wildlife population & activity monitoring and inspection, remote infrastructure and aircraft monitoring, agricultural yield inspection, oil & gas sector inspection, and utility inspection, among various other applications.
The drone analytics market includes major players such are ESRI (US), AgEagle (US), AeroVironment (US), Skydio (US), and Pix4D (Switzerland) are some of the leading companies in this market, among others. These players have spread their business across various countries includes North America, Europe, Asia Pacific, Middle East, and Rest of the World. COVID-19 has affected the drone analytics market growth to some extent, and this varies from country to country.

“Thermal Detection: The dominating segment of the drone analytics market, by the application.“
Based on application, the drone analytics market has been segmented into thermal detection, 3D modeling, volumetric calculations, aerial monitoring, geolocation tagging, and ground exploration. The thermal detection segment is projected to dominate the market during the forecast period.
“SaaS: The fastest-growing segment of the drone analytics market, by type“
The SaaS segment is projected to grow at the highest CAGR. The demand for cloud-based computing is expected to rise in the future, owing to its cost-effectiveness.
“Agriculture: The leading segment of the drone analytics market, by industry. “
Based on industry, the drone analytics market has been segmented into agriculture, engineering and infrastructure, insurance, energy & power, telecommunication, transportation & logistics, maritime, public safety, retail and e-commerce, environmental & weather, and others. The others segment includes industries such as media, logistics, and wildlife.
“North America: The largest contributing region in the drone analytics market.”
The drone analytics market in the North American region has been studied for the US and Canada. North American countries are awarding a number of contracts to major players of the drone analytics market for the provide analytics i.e. inspection, monitoring, exploration, geolocation tagging, and etc, thus driving the growth of the drone analytics market in the region.
Breakdown of primaries
•By Company Type: Tier 1–50%; Tier 2–30%; and Tier 3–20%
•By Designation: C Level–35%; Directors–25%; and Others–40%
•By Region: North America – 30%, Asia Pacific – 25%, Europe – 20%, Middle East – 10%, Rest of the World – 15%
Major companies profiled in the report are ESRI (US), AgEagle (US), AeroVironment (US), Skydio (US), and Pix4D (Switzerland), among others. (25 Companies)
Research Coverage:
This research report categorizes Drone Analytics Market by Industry, Application, Type, Solution, and Region – Forecast to 2027 in these segments have been mapped across major regions, namely, North America, Europe, Asia Pacific, Middle East and Rest of the World. The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the drone analytics market. A detailed analysis of the key industry players has been done to provide insights into their business overviews; solutions and services; key strategies; new product launches; mergers; and partnerships, agreements, associated with the drone analytics market.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall drone analytics market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
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