Market Insights

The drone analytics market was estimated at USD 2.08 billion in 2022 and is likely to grow at a CAGR of 25.32% during 2022-2028 to reach USD 8.06 billion in 2028.

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.

COVID-19 IMPACT.

The global pandemic shook the whole world, and the tremors were felt across industries. Covid-19 significantly impacted the drone analytics market in the year 2020, largely due to the implementation of strict lockdowns and restrictions worldwide. Other major reasons leading to the decline were supply chain disruption, logistics challenges, etc. 

What you can find in this report –

The report has been compiled by using a variety of analytical methodologies and has analysed data on the key players, market scope, and much more. The researchers at Stratview Research have studied the growth of the top competitors in the Drone Analytics Market.

Key Features: The report covers the revenue, production rate, import/export, supply/demand, market share, CAGR, etc. Furthermore, the research provides in-depth information on current trends, growth drivers, and competition.

Market Dynamics

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 market.

Regional Analysis: The present report throws light on the regional analysis of the Drone Analytics Market. The data given can be used to get an idea of trends, patterns, threats or challenges, and many such phenomena. On the basis of region, the report mentions that,

In terms of regions, the North American region was the largest market for drone analytics in 2021 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.

Linchpins in the Drone Analytics Market

After a thorough investigation of the market and its players, market experts have listed some key players in the report. Here is the list -

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

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