The global drone analytics market is expected to grow from USD 1,542.19 million 2017 to USD 7,922.17 million by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 26.34%.
"Growing commercial drone marketis one of the factors largely attributing to the growth of drone analytics market globally"
The factors attributing to the growth of the market are growing commercial drone market, growing demand for industry-specific analytical solutions, increasing capital investments for the development of advanced drone software, and favorable governmental regulations for commercial drone operators. However, some factors such as and growing concerns over cyber-security and breach of public privacy may hinder the market growth. The global drone analytics market is expected to showcase the opportunities such as development of advanced and complex drone software, increased use of drones in agriculture, construction, utility, real estate, and mining, and incorporation of the internet of things (iot), ai and machine learning in drones. In the near future, the market may face the possible challenges in the growth due to and affordability of drone data collection. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global drone analytics market market.
On the basis of application, the global drone analytics market is studied across Agriculture, Audit, Surveillance, Inspection & Monitoring, Consumer Goods & Retail, Energy & Utilities, Environmental Resource Management, and Media & Entertainment.
On the basis of end user, the global drone analytics market is studied across Civil & Commercial, Military & Defense, and Public Safety.
On the basis of geography, the global drone analytics market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia).
"AeroVironment, Inc.: The potential growing player for the global drone analytics market"
The key players profiled in the global drone analytics market are AeroVironment, Inc., Agribotix, LLC., Airware, Inc., Delta Drone SA, DroneDeploy, Environmental Systems Research Institute, Inc., HUVRData, LLC., Harris Corporation, Kespry, Inc., Optelos, Pix4D SA, PrecisionHawk, Inc., Sentera, LLC., and VIATechnik, LLC..
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global drone analytics market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global drone analytics market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global drone analytics market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global drone analytics market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global drone analytics market.