Global Market for Drone Analytics is Anticipated to grow at a Significant Pace i.e., USD 25.6 million during the Forecast Period 2021-2027

Published Date: Nov, 2021

The report "Drone Analytics Market by Type (On-Premises (Software (Desktop-Based and Mobile) and Services (Deployment & Integration and Support & Maintenance)) and On-Demand (Software as a Service (SaaS))), By Application (Thermal Detection, Geolocation Tagging, Aerial Monitoring, Ground Exploration, Volumetric Calculations, 3D Modelling, and Others), By Solution (End-To-End Solutions and Point Solutions), By Industry (Agriculture & Forestry, Construction, Insurance, Mining & Quarrying, Utility, Telecommunication, Oil & Gas, Transportation, Scientific Research, and Others) - Global Forecast to 2027",

The global drone analytics market is expected to witness a CAGR of 32.4% during the forecast period. The increased demand for innovative industry-specific analytical solutions that can help organizations to achieve actionable insights from the data collected by drones will propel the growth of the drone analytics market. The increased capital investment for the innovation of new and developed drone software, increased demand for drones in commercial applications will bolster the growth of the drone analytics market. Furthermore, the increased adoption in 3D printing for manufacturing drone parts, helps in producing real-time data that can be examined by decision-makers, provides field intelligence, adoption of integrated sensor technology, the rising need for analytics in enhancing service industries will accelerate the growth of drone analytics market. In addition, the increased volumes of drone-captured data have fuelled the need for AI and data science services.

Furthermore, the high adoption of drones in various applications like thermal detection, geolocation tagging, aerial monitoring, ground exploration, volumetric calculations, 3D modeling will have a positive impact on the global drone analytics market. Nevertheless, the escalated demand for drones to inspect, monitor, survey, and surveillance in agriculture, construction, insurance, mining & quarrying, utility, telecommunication, oil & gas, transportation, scientific research will fuel the growth of the drone analytics market.  

Delta Drone has a partnership with Airobotics, provider of an end-to-end, fully automatic solution to collect aerial data and provide valuable insights. Thus, the partnership focused on geographically distributing their solutions and strengthening their leadership position, by dividing each other's efforts across the globe.

The COVID-19 outbreak had a substantial impact on the global drone analytics market owing to strict lockdown restrictions, disruption in the supply chain of essential raw materials. However, countries like U.S., UK, China have laid the foundation of drone friendly environment from the beginning of the pandemic.

Browse 63 market data Tables and 40 Figures spread through 250 Pages and in-depth TOC on " Drone Analytics Market by Type (On-Premises (Software (Desktop-Based and Mobile) and Services (Deployment & Integration and Support & Maintenance)) and On-Demand (Software as a Service (SaaS))), by Application (Thermal Detection, Geolocation Tagging, Aerial Monitoring, Ground Exploration, Volumetric Calculations, 3D Modelling, and Others), by Solution (End-To-End Solutions and Point Solutions), by Industry (Agriculture & Forestry, Construction, Insurance, Mining & Quarrying, Utility, Telecommunication, Oil & Gas, Transportation, Scientific Research, and Others), and Region - Global Forecast to 2027"

By application, the thermal detection segment dominates the global drone analytics market in 2020.

Based on application, the global drone analytics market is divided into thermal detection, geolocation tagging, aerial monitoring, ground exploration, volumetric calculations, 3D Modelling, and others. Thermal detection dominates the market in 2020 due to the escalating demand for high-resolution images and increased utilization of drone-integrated thermal cameras to detect body temperature and deliver vital things during emergency conditions. Thermal detection is vital to detect gas leaks from towers or platforms and reduce potentially dangerous scenarios and worker exposure to emissions that can lead to a complete shutdown of the facility.

Global Drone Analytics Market Segmentation Analysis

Segment

Categorization

Leading Category

Type

On-Premises (Software (Desktop-Based and Mobile) and Services (Deployment & Integration and Support & Maintenance)) and On-Demand (Software as a Service (SaaS))

On-Demand (High CAGR)

Software (Fastest)

Application

Thermal Detection, Geolocation Tagging, Aerial Monitoring, Ground Exploration, Volumetric Calculations, 3D Modelling, and Others

Thermal Detection (Largest)

3D Modelling

(Fastest)

Solution

End-To-End Solutions and Point Solutions

End-To-End Solutions (Largest)

Industry

Agriculture & Forestry, Construction, Insurance, Mining & Quarrying, Utility, Telecommunication, Oil & Gas, Transportation, Scientific Research, and Others

Construction

 (High CAGR)

Agriculture & Forestry (Fastest)

Region

North America, Europe, Asia-Pacific, and Rest of the World

North America (Largest)

Asia-Pacific (Fastest)

 

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“Asia-Pacific to have high growth during 2021-2027.”

Asia-Pacific is anticipated to have high growth during the projected period owing to the changes in drone regulations in many countries that will propel the growth in the region. China is the global hub for drone manufacturing as the Chinese government is providing subsidy and have favorable domestic policies for drone purchases and adoption in industrial sectors.  Australia is emerging in the drone analytics market owing to the increased importance of BVLOS testing.

Some of the major players in the global Drone Analytics market include Delta Drone, AGEagle Aerial Systems, HUVRdata, Sentera, DroneDeply, PRECISIONHAWK, Pix4D SA, AeroVironment, Inc., VIA Technik LLC, and Delair.

Scope of the Report

Report Metric

Details

Market Size Available for the Years in the Study

2015–2027

Historical Period

2015–2020

Base Year

2020

Forecast Period

2021–2027

Segments Covered in the Study

Type, Application, Solution, Industry, and Region

Geographies Covered in the Study

North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Russia), Asia-Pacific (China, Japan, India, South Korea), and Rest of the World (Brazil, Saudi Arabia, South Africa, U.A.E.)

Companies Covered in the Study

Delta Drone, AGEagle Aerial Systems, HUVRdata, Sentera, DroneDeply, PRECISIONHAWK, Pix4D SA, AeroVironment, Inc., VIA Technik LLC, and Delair

 

 

Global Drone Analytics Market Coverage

Type Insight and Forecast 2015-2027

  • On-Premises
    • Software
      • Desktop-Based
      • Mobile
    • Services
      • Deployment & Integration
      • Support & Maintenance
  • On-Demand
    • Software as a Service (SaaS)

Application Insight and Forecast 2015-2027

  • Thermal Detection
  • Geolocation Tagging
  • Aerial Monitoring
  • Ground Exploration
  • Volumetric Calculations
  • 3D Modelling
  • Others

Solution Insight and Forecast 2015-2027

  • End-To-End Solutions
  • Point Solutions

Industry Insight and Forecast 2015-2027

  • Agriculture & Forestry
  • Construction
  • Insurance
  • Mining & Quarrying
  • Utility
  • Telecommunication
  • Oil & Gas
  • Transportation
  • Scientific Research
  • Others

Geographical Segmentation

Drone Analytics Market by Region

North America

  • By Type
  • By Application
  • By Solution
  • By Industry
  • By Country – U.S., Canada, and Mexico

Europe

  • By Type
  • By Application
  • By Solution
  • By Industry
  • By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

Asia-Pacific (APAC)

  • By Type
  • By Application
  • By Solution
  • By Industry
  • By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

Rest of the World (RoW)

  • By Type
  • By Application
  • By Solution
  • By Industry
  • By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries
Our Industry
Global Market for Drone Analytics is Anticipated to grow at a Significant Pace i.e., USD 25.6 million during the Forecast Period 2021-2027