Drone Analytics Market Trends Worldwide Analysis,Future Trends, Industry Size and Regional Forecast to 2023

The growth of the global drone analytics market can 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

Market Highlights
The growth of the global drone analytics market can 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 analytics market has been segmented based on type, solution, application, industry, and region.
On the basis of type, the global drone analytics market 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 2019 to 2024. On-demand services offer flexibility, low cost, and customization, which is driving the growth of the segment.
Based on solution, the global drone analytics market 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.
Key Players
The key players in the global drone analytics market are 3D Robotics (US), AeroVironment, Inc. (US), AgEagle Aerial Systems, Inc. (US), Airware (US), DroneDeploy (US), Delta Drone (France), Esri (US), VIATechnik LLC (US), PrecisionHawk, Inc. (US), Pix4D SA (France), Kespry (US), Optelos (US), DJI (China), Sentera, Inc. (US), and HUVRdata (US).

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Categories
Aerospace
Last Updated
April 7, 2020
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