Drone Data Services Market: Global Size, Share, Trends, Growth and Forecast, 2022-2032
Drone Data Services Market Overview and Definition
The global drone data services market size was valued at around USD 12.2 billion in 2022 and is projected to grow at a compound annual rate of growth (CAGR) of around 31.7% from 2022 to 2032.The market size is projected to succeed in USD 192.4 billion by 2032.
Drone data services refer to the collection, processing, and analysis of data acquired by drones or unmanned aerial vehicles (UAVs). Drones are equipped with sensors, cameras, and other data acquisition devices that can capture images, video, and other data from a variety of sources. Drone data services involve the use of advanced analytics and machine learning technologies to extract actionable insights from this data.
The drone data services market has emerged as a result of the growing popularity of drones in a range of industries, including agriculture, construction, mining, and energy. Drones are increasingly being used to collect data that can be used to monitor crop health, map construction sites, and survey mining sites, among other applications.
Drone data services can be used to collect a range of data, including aerial imagery, 3D mapping, thermal imaging, and LiDAR data. The data can be used to create digital elevation models, topographical maps, and 3D models of structures and landscapes. It can also be used to monitor environmental conditions, such as air and water quality.
Drone data services can be segmented into two categories: data acquisition and data analysis. Data acquisition services involve the collection and processing of data from drones, while data analysis services involve the interpretation and analysis of the data to extract insights and generate reports.
The market can also be segmented by end-user, which includes agriculture, construction, mining, energy, and other industries. The key players in the drone data services market include AeroVironment, Inc., PrecisionHawk, DroneDeploy, Airware, and 3DR, among others.
Rise of the Drones
Recent years have been very exciting for the world drone industry, as the popularity of the drones have evolved remarkably in every aspect whether it is personal or business application. Drones in their initial days were commonly used for entertainment and other trivial applications such as photography and videography. With the time drones have molded into one very valuable technology which holds striking potentials. Today, drones are being used across most of the industries including construction, agriculture, mining, surveying, and real estate. Drones have emerged as a game-changing technology and are widely used in applications such as data collection and analysis, public safety, disaster response, and emergency services. Drone-related services are also gaining traction across the globe as the data generated through drones are real-time data and more accurate. Construction, agriculture, and mining industries are the major industries which are benefiting from the drone’s services.
Drone as a Service Trend
‘Drones as a service’ is an emerging market trend across all regions of the world. The number of drone-based service providers is growing as drone technology is becoming something with infinite potentials. A range of business applications for drones across various industries such as defense, mining, agriculture, construction, transportation, insurance, and others. Today most of the companies are relying on drones to obtain data as this technology can capture and deliver reliable and more accurate data. As purchase prices for drones have plummeted, drone-related services have become affordable enough to use for a wide variety of industrial applications. Thanks to advances in technology, the use of drones for data analysis is rising and is expected to thrive the growth of drone data services market in upcoming years.
Laws and Government Initiatives
In the early days, many governments across the globe were against drone technology as they believed these technologies were a threat to the public’s privacy and security. However, over the year drones have reflected their worth and forced everyone to rethink about them as a potential technology. Governments across the globe are accepting commercial use of drones and are implementing laws and regulations towards their use. Governments are also using drone’s data services for different purposes such as risk management, public safety, and others. The use of drones in the public sector is expanding rapidly. Rapid advancements in the safety, intelligence, and user-friendliness of modern-day drones, governments are adopting drone technology into their operations more than ever ranging from search and rescue operations to on-site infrastructure monitoring.
Advancements in Drones
Drones have gone through great advancements since its earliest uses in Australian battlefields in 1849. Advances in technological developments have made it possible for a huge variety of drones to be produced in different sizes, weights and capable of holding different payloads and sensors. Today drones are a very viable technological tool for several industries and are being accepted for critical data collection and analysis applications. With the development of new technologies and software, it is expected that the drones will play in important roles in data collection and analysis services.
Big data analytics is a growing trend across the globe. The companies are seeking large and varied sets of data and examining the data for identifying customer trends and preferences, data patterns, relations for the companies to make better business decisions. This trend is enabling growth opportunities for Drone-enabled big data analysis. Since, drones are proved to be a reliable analysis solution for areas such as weather, traffic flow, and even disaster forecasting, it is expected that the growing big data analytics market will foster the growth of global drone data services market in upcoming years.
Barriers in Market
Although drones are witnessing great demand across every region, hence there are some barriers to the growth of drones and related services market. Strict regulations regarding the use of drones are yet the biggest challenge in the growth of drone data services market. Drones carry great range capabilities, but they can also be used for criminal uses.
For instance, Drug cartels are using drones to smuggle drugs in the U.S. and goods over the border. Such incidents have made governments rethink about the personal and commercial uses of drones. This has resulted in the implementation of strict laws and regulations regarding drones to limit the uses of drones in different applications. Concerns among the public about privacy, security, and safety is another factor that is leaving an adverse effect on the market growth of drones and related services.
A major part of the population is against letting private and commercial drones flying freely around them owing to privacy and safety concerns. Drones have gone through many advancements over the years, yet they lack few expectations in terms of technology such as not enough payload capacity, connectivity issues, and others. For example, the drone does not have Wi-Fi or cellular connections, so it must have a lot of onboard processing and they may have to fly to an area where they have a signal and can send the data. There are other potential problems such as high repair cost, lack of controlling standardization which are restricting the growth of the market.
Other challenges such as lack of qualified contract piolet, different laws regarding the usage of drones by country, high employee training cost are also hampering the growth of the global drone data service market.
Research Methodology
Market Definition and List of Abbreviations
1. Executive Summary
2. Growth Drivers & Barriers in Global Drone Data Services Market
3. Global Drone Data Services Market Trends
4. Opportunities in Global Drone Data Services Market
5. Recent Industry Activities, 2019
6. Porter's Five Forces Analysis
7. Global Drone Data Services Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
8. Global Drone Data Services Market Segmentation Analysis, By Service Type
8.1. Introduction
8.2. Market Attractiveness, By Service Type
8.3. BPS Analysis, By Service Type
8.4. Mapping & Surveying Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
8.5. Photogrammetry Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
8.6. 3D Modeling & Digital Elevation Model (DEM) Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
8.7. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
9. Global Drone Data Services Market Segmentation Analysis, By Deployment Type
9.1. Introduction
9.2. Market Attractiveness, By Deployment Type
9.3. BPS Analysis, By Deployment Type
9.4. Cloud Based Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
9.5. On-Premise Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
10. Global Drone Data Services Market Segmentation Analysis, By End User
10.1. Introduction
10.2. Market Attractiveness, By End User
10.3. BPS Analysis, By End User
10.4. Mining Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.5. Energy Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.6. Transportation Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.7. Agriculture Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.8. Real Estate & Construction Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.9. Oil & Gas Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.10. BFSI Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.11. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11. Geographical Analysis
11.1. Introduction
11.2. North America Drone Data Services Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.2.1. By Service Type
11.2.1.1. Introduction
11.2.1.2. Market Attractiveness, By Service Type
11.2.1.3. BPS Analysis, By Service Type
11.2.1.4. Mapping & Surveying Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.2.1.5. Photogrammetry Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.2.1.6. 3D Modeling & Digital Elevation Model (DEM) Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.2.1.7. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.2.2. By Deployment Type
11.2.2.1. Introduction
11.2.2.2. Market Attractiveness, By Deployment Type
11.2.2.3. BPS Analysis, By Deployment Type
11.2.2.4. Cloud Based Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.2.2.5. On-Premise Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.2.3. By End User
11.2.3.1. Introduction
11.2.3.2. Market Attractiveness, By End User
11.2.3.3. BPS Analysis, By End User
11.2.3.4. Mining Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.2.3.5. Energy Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.2.3.6. Transportation Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.2.3.7. Agriculture Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.2.3.8. Real Estate & Construction Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.2.3.9. Oil & Gas Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.2.3.10. BFSI Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.2.3.11. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.2.4. By Country
11.2.4.1. Introduction
11.2.4.2. Market Attractiveness, By Country
11.2.4.3. BPS Analysis, By Country
11.2.4.4. U.S. Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.2.4.5. Canada Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3. Europe Drone Data Services Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.1. By Service Type
11.3.1.1. Introduction
11.3.1.2. Market Attractiveness, By Service Type
11.3.1.3. BPS Analysis, By Service Type
11.3.1.4. Mapping & Surveying Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.1.5. Photogrammetry Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.1.6. 3D Modeling & Digital Elevation Model (DEM) Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.1.7. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.2. By Deployment Type
11.3.2.1. Introduction
11.3.2.2. Market Attractiveness, By Deployment Type
11.3.2.3. BPS Analysis, By Deployment Type
11.3.2.4. Cloud Based Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.2.5. On-Premise Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.3. By End User
11.3.3.1. Introduction
11.3.3.2. Market Attractiveness, By End User
11.3.3.3. BPS Analysis, By End User
11.3.3.4. Mining Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.3.5. Energy Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.3.6. Transportation Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.3.7. Agriculture Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.3.8. Real Estate & Construction Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.3.9. Oil & Gas Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.3.10. BFSI Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.3.11. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.4. By Country
11.3.4.1. Introduction
11.3.4.2. Market Attractiveness, By Country
11.3.4.3. BPS Analysis, By Country
11.3.4.4. Germany Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.4.5. United Kingdom Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.4.6. France Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.4.7. Italy Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.4.8. Spain Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.4.9. Russia Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.4.10. Rest of Europe Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4. Asia Pacific Drone Data Services Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.1. By Service Type
11.4.1.1. Introduction
11.4.1.2. Market Attractiveness, By Service Type
11.4.1.3. BPS Analysis, By Service Type
11.4.1.4. Mapping & Surveying Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.1.5. Photogrammetry Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.1.6. 3D Modeling & Digital Elevation Model (DEM) Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.1.7. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.2. By Deployment Type
11.4.2.1. Introduction
11.4.2.2. Market Attractiveness, By Deployment Type
11.4.2.3. BPS Analysis, By Deployment Type
11.4.2.4. Cloud Based Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.2.5. On-Premise Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.3. By End User
11.4.3.1. Introduction
11.4.3.2. Market Attractiveness, By End User
11.4.3.3. BPS Analysis, By End User
11.4.3.4. Mining Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.3.5. Energy Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.3.6. Transportation Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.3.7. Agriculture Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.3.8. Real Estate & Construction Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.3.9. Oil & Gas Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.3.10. BFSI Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.3.11. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.4. By Country
11.4.4.1. Introduction
11.4.4.2. Market Attractiveness, By Country
11.4.4.3. BPS Analysis, By Country
11.4.4.4. China Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.4.5. India Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.4.6. Japan Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.4.7. South Korea Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.4.8. Indonesia Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.4.9. Taiwan Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.4.10. Australia Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.4.11. New Zealand Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.4.12. Rest of Asia Pacific Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.5. Latin America Drone Data Services Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.5.1. By Service Type
11.5.1.1. Introduction
11.5.1.2. Market Attractiveness, By Service Type
11.5.1.3. BPS Analysis, By Service Type
11.5.1.4. Mapping & Surveying Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.5.1.5. Photogrammetry Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.5.1.6. 3D Modeling & Digital Elevation Model (DEM) Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.5.1.7. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.5.2. By Deployment Type
11.5.2.1. Introduction
11.5.2.2. Market Attractiveness, By Deployment Type
11.5.2.3. BPS Analysis, By Deployment Type
11.5.2.4. Cloud Based Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.5.2.5. On-Premise Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.5.3. By End User
11.5.3.1. Introduction
11.5.3.2. Market Attractiveness, By End User
11.5.3.3. BPS Analysis, By End User
11.5.3.4. Mining Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.5.3.5. Energy Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.5.3.6. Transportation Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.5.3.7. Agriculture Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.5.3.8. Real Estate & Construction Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.5.3.9. Oil & Gas Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.5.3.10. BFSI Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.5.3.11. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.5.4. By Country
11.5.4.1. Introduction
11.5.4.2. Market Attractiveness, By Country
11.5.4.3. BPS Analysis, By Country
11.5.4.4. Brazil Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.5.4.5. Mexico Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.5.4.6. Rest of Latin America Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.6. Middle East & Africa Drone Data Services Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.6.1. By Service Type
11.6.1.1. Introduction
11.6.1.2. Market Attractiveness, By Service Type
11.6.1.3. BPS Analysis, By Service Type
11.6.1.4. Mapping & Surveying Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.6.1.5. Photogrammetry Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.6.1.6. 3D Modeling & Digital Elevation Model (DEM) Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.6.1.7. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.6.2. By Deployment Type
11.6.2.1. Introduction
11.6.2.2. Market Attractiveness, By Deployment Type
11.6.2.3. BPS Analysis, By Deployment Type
11.6.2.4. Cloud Based Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.6.2.5. On-Premise Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.6.3. By End User
11.6.3.1. Introduction
11.6.3.2. Market Attractiveness, By End User
11.6.3.3. BPS Analysis, By End User
11.6.3.4. Mining Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.6.3.5. Energy Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.6.3.6. Transportation Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.6.3.7. Agriculture Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.6.3.8. Real Estate & Construction Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.6.3.9. Oil & Gas Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.6.3.10. BFSI Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.6.3.11. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.6.4. By Geography
11.6.4.1. Introduction
11.6.4.2. Market Attractiveness, By Geography
11.6.4.3. BPS Analysis, By Geography
11.6.4.4. GCC Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.6.4.5. North Africa Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.6.4.6. South Africa Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.6.4.7. Rest of Middle East & Africa Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12. Competitive Landscape
12.1. Market Share of Key Players
12.2. Market Positioning of Major Players in Global Drone Data Services Market
12.3. Company Profiles
12.3.1. 3D Robotics
12.3.2. PrecisionHawk
12.3.3. Agribotix LLC
12.3.4. Airware
12.3.5. Skycatch, Inc.
12.3.6. Pix4D SA
12.3.7. Sentera Inc.
12.3.8. 4DMapper
12.3.9. DroneDeploy
12.3.10. Airware
12.3.11. Others Major and Niche Players
The market is segmented by service type into mapping & surveying, photogrammetry, 3D modeling & digital elevation model (DEM) and others, out of which, mapping & surveying segment accounted for 41.4% market share in 2019 and is expected to reach to a notable market share by 2025. Apart from this, when compared with other segments, mapping & surveying segment is anticipated to attain the highest CAGR over the upcoming years i.e. 2020-2025.
The market is also segmented by deployment type and end-user segments. Further, the end-user segment is comprising of mining, energy, transportation, agriculture, real estate & construction, oil & gas, BFSI, and others. The deployment type segment is further sub-segmented into on-premise and cloud-based segments. Deployment type segment, on-premise segment is expected to be the most attractive market in global drone data services market over the forecast period.
In terms of geography, the drone data services market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America data drone service market was held at USD 131.9 million in 2018 and is anticipated to reach USD 1,888.9 million by the end of 2024. North America data drone service market accounted for a market share of 55.2% in 2018 and further, is expected to stand at a respected market share by the end of 2024.
The key players profiled in the report include 3D Robotics, PrecisionHawk, Pix4D SA, Delair, AgEagle Aerial Systems, Inc., Skycatch Inc., DroneDeploy, Sentera Inc., 4DMapper and Aeryon. These market players have adopted different business strategies, such as acquisition, product launch, merger, and partnership to stay competitive in the global market. Delair announced the launch of Delair Aerial Intelligence (delair.ai), the industry’s most comprehensive platform for converting drone-based images into actionable business insights. This cloud-based solution provides a complete integrated and easy-to-use workflow to manage, analyze and share data, streamlining the process for unlocking the true potential of aerial surveying.
The potential for the commercial use of drones is getting stronger with time. agriculture, energy & utilities, entertainment & media, infrastructure, insurance, security, telecom, and transport & logistics are major commercial areas which are benefiting from drones and their related services. Apart from this growing partnership between key hardware, software, and service providers are also creating growth opportunities for drone data services market. The data analytics market is turning more towards aerial surveys than ground-based surveys as aerial surveys are more reliable and less time taking procedure.
Market Segmentation:
By Service Type
- Mapping & Surveying
- Photogrammetry
- 3D Modelling & Digital Elevation Model (DEM)
- Others
By Deployment Type
- Cloud-Based
- On-Premise
By End User
- Mining
- Energy
- Transportation
- Agriculture
- Real Estate & Construction
- Oil & Gas
- BFSI
- Others
Regional Markets
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- The Middle East & Africa (GCC, North Africa, South Africa and Rest of the Middle East & Africa
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Request for Customized Report- Publication date: 7th December 2023
- Base year: 2023
- Forecast year: 2024-2033
- Format: PDF, PPT,Word,Excel