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    Drone Analytics Market - Size, Share, Trend & Forecast Analysis

    Drone Analytics Market - Size, Share, Trend & Forecast Analysis
    Report code - SRAD275 Delivery - 2 Weeks
    Drone Analytics Market Size, Share, Trend, Forecast, & Competitive Analysis.
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    Drone Analytics Market Insights

    Drone Analytics Market is likely to witness an impressive CAGR of 29.2% during the forecast period. The escalating demand for revolutionary industry-specific investigative solutions that can aid companies attain actionable insights from the data captured by drones is estimated to drive the global drone analytics market.

    Drone Analytics Market - Snapshot

    Growth

    29.2% for the next five years

    Major Industry Type

    Construction

    Major Type

    On-demand

    Dominant Solution Type

    End-to-end solutions

    Region with the highest demand

    North America

    Key Players

    Airware, Agribotix, AeroVironment, Inc., Dronedeploy, Delta Drone, ESRI, Huvrdata, Kespry Inc., and Optelos.

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    Market Share Analysis

    Drone Analytics Market Share: By Industry Type

    Based on the industry type, the market is segmented as agriculture & forestry, construction, insurance, mining & quarrying, utility, telecommunication, oil & gas, transportation, scientific research, and others. The construction segment is estimated to witness the highest growth in the coming five years. This growth is owing to the acceptance of analytic solutions for monitoring and progress following at various construction sites. The obtainability of tailor-made solutions is also one of the prime factors influencing the growth in the application of drone analytic solutions in the construction industry during the forecast period.

    Drone Analytics Market Share: By Type

    Based on the type, the market is segmented as on-premises and on-demand. The on-demand segment is expected to register a higher growth rate against the on-premises segment, due to the growing demand for cloud-based drone analytic solutions from industries, such as construction, mining, and agriculture.

    Drone Analytics Market Share: By Solution Type

    Based on the solution type, the market is segmented as end-to-end solutions and point solutions. The end-to-end solutions segment is estimated to register a higher growth against the point solutions segment, owing to the rising claim for complete packaged solutions, starting from data collection to data analysis.

    Drone Analytics Market Share: By Region

    In terms of regions, the North American region was the largest market for drone analytics in 2018, and is expected to maintain its dominance during the forecast period. Drivers such as increasing funding for drone analytics and the growing demand for analytical solutions, majorly from the commercial sector, are boosting the drone analytics market in the region. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

    Drone Analytics Market: Key Players

    Some of the major players in the drone analytics market are Airware, Agribotix, AeroVironment, Inc., Dronedeploy, Delta Drone, ESRI, Huvrdata, Kespry Inc., and Optelos.

     

    Market Scope & segmentation

    Drone analytics is a method in which drones are used to view and then analyze the data that has been aerially collected by the drone. The data collected are mainly in 2D or 3D views and have options such as digital models and slope maps.

    Drone analytics has a wide range of applications today such as in thermal detection, geolocation tagging, aerial monitoring, ground exploration, volumetric calculations, 3D modeling, and others. Agriculture & Forestry, construction, insurance, mining & quarrying, utility, telecommunication, oil & gas, transportation, scientific research, and others are the industries where drone analytics are now used.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Drone Analytics Market Report - Features

    Market Segmentation

    5

    Regions Covered

    4

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    9

     

    The drone analytics market is segmented into the following categories. 

    Drone Analytics Market Size, Share, & Forecast, by Industry Type:

    • Agriculture & Forestry (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Construction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Insurance (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Mining & Quarrying (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Utility (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Telecommunication (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Oil & Gas (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Transportation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Scientific Research (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Drone Analytics Market Size, Share, & Forecast, by Application Type:

    • Thermal Detection (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Geolocation Tagging (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Aerial Monitoring (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Ground Exploration (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Volumetric Calculations (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • 3D Modeling (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Drone Analytics Market Size, Share, & Forecast, by Type:

    • On-Premises
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Type Analysis: Software and Services)
    • On-Demand
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Type Analysis: Software as A Service)

    Drone Analytics Market Size, Share, & Forecast, by Solution Type:

    • End-To-End Solutions (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Point Solutions (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Drone Analytics Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

     

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    General Frequently Asked Questions (FAQs)

    What is Drone Analytics?

    Drone analytics is a method in which drones are used to view and then analyze the data that has been aerially collected by the drone. The data collected are mainly in 2D or 3D views and have options such as digital models and slope maps. Drone analytics has a wide range of applications today such as in thermal detection, geolocation tagging, aerial monitoring, ground exploration, volumetric calculations, 3D modeling, and others. Agriculture & Forestry, construction, insurance, mining & quarrying, utility, telecommunication, oil & gas, transportation, scientific research, and others are the industries where drone analytics are now used.

    What will be the CAGR of the Drone Analytics Market?

    Drone Analytics Market is likely to witness an impressive CAGR of 29.2% during the forecast period. The escalating demand for revolutionary industry-specific investigative solutions that can aid companies to attain actionable insights from the data captured by drones is estimated to drive the global drone analytics market.

    Which country/region is expected to remain the largest Drone Analytics Market?

    In terms of regions, the North American region was the largest market for drone analytics in 2018, and is expected to maintain its dominance during the forecast period.

    Who are the key players in the Drone Analytics Market?

    Some of the major players in the drone analytics market are Airware, Agribotix, AeroVironment, Inc., Dronedeploy, Delta Drone, ESRI, Huvrdata, Kespry Inc., and Optelos.

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