Global Drone Data Services Market to be Driven by Growing Applications of Drone Technology During the Forecast Period 2022-2027
Expert Market Research’s new report titled “Global Drone Data Services Market Size, Report and Forecast 2022-2027′, gives an in-depth analysis of the global drone data services market, assessing the market based on its segments such as service types, platforms, end uses and major regions.
The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.
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Key highlights of the report include:
Market Overview (2017-2027)
• Forecast CAGR (2022-2027): 37.3%
The market is likely to be driven by applications of drone technology in aerial photography, shipping and delivery, disaster management, military, geographic mapping, precision agriculture, law enforcement and security, entertainment and other applications. In the agricultural industry, drone data services are widely used to acquire information on soil type, hydrography, topography, and land use planning.
Furthermore, the increasing use of drones in commercial sectors, along with the growing use of drone data in operational and big data analytics, has fueled the demand for drone data services. One of the major growth factors in the drone data services market is the growing demand for drone information analysis among companies worldwide to perform various critical tasks remotely, such as cadastral surveying, corridor surveying, LiDAR mapping, automated and volumetric mapping. calculations.
Industry definition and major segments
Drone data services, also known as unmanned aerial vehicle (UAV) services, involve the collection, processing and dissemination of digital data collected by aerial surveys. They use drones with a variety of cameras and sensors, including RGB cameras and LiDAR (light detection and ranging) payloads. These drones gather still photographs, videos, thermal images and multispectral images of the ground from different angles to create georeferenced orthomosaics and 3D models of the area.
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By Service Type, the market is segmented into:
• Cartography and topography
• 3D modeling and digital elevation model (DEM)
Based on Platform, the market is split into:
• Operator software
Market end uses are:
• Real Estate and Construction
• Security and law enforcement
On the basis of region, the market is segmented into:
• North America
• Asia Pacific
• Latin America
• Middle East and Africa
Businesses can now quickly upload, store, process and share aerial photos thanks to recent technological advancements in the Internet of Things (IoT), artificial intelligence (AI) and cloud-based storage. Apart from this, several key companies are focusing on research and development (R&D) operations to introduce autonomous drones for intra-city transportation, which is driving the expansion of the market.
Other factors contributing to the expansion of the market include growing popularity of cloud-based drone data services, increase in construction activities, changing trend towards precision agriculture, and advancements some products. Improving regulatory framework, growing requirement for high-quality data, and rising concerns about worker safety are driving the growth of the drone data services market.
Main market players
The major market players are Pix4D SA, PrecisionHawk, Inc., DroneCloud, Sentera Inc., and Skycatch, Inc., among others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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