Drone Analytics Market 2019 Global Size, Share Analysis, Potential Growth, Competitive, And Regional

Drone Analytics Market Highlights

Drone Analytics Market Research Report - Global Forecast till 2024 The growth of the global drone analytics market can be attributed to the increasing adoption of 3D printing for manufacturing drone parts and rising use of advanced drone cameras in the oil & gas, agriculture and forestry, construction industries. However, stringent government regulations regarding drone use and the limited flight range may hinder market growth. For example, in the US, a commercial remote pilot certificate from the Federal Aviation Administration (FAA) is required to fly drones for commercial purposes.

The global drone analytics market has been segmented based on type, solution, application, industry, and region.

On the basis of type,  global drone analytics market has been divided into on-premise and on-demand. The on-demand segment is expected to account for the larger market share and register the higher CAGR during the forecast period of 2019 to 2024. On-demand services offer flexibility, low cost, and customization, which is driving the growth of the segment.

Based on solution, the global drone analytics market has been classified as end-to-end solutions and point solutions. The end-to-end solutions segment dominated the market in 2018 and is expected to register a higher CAGR during the forecast period. End-to-end solutions offer benefits such as enhanced operational efficiency, reduced costs, inter-department communication, and no third-party involvement.

By application, the global drone analytics market has been categorized as geolocation tagging, thermal detection, aerial monitoring, volumetric calculations, ground exploration, 3D modeling, and others. The 3D modeling segment dominated the market in 2018 and is expected to be the fastest-growing during the forecast period. Drones offer capabilities such as real-time color or infrared imagery and external first-person view (FPV) cameras and displays that enable users to receive real-time 3D models and videos of enhanced quality. Additionally, they are compatible with smartphones, which enable users to receive and view 3D models and images on their phones.

Drone Analytics Market Research Report: Information by Type (On-Demand and On-Premise), Solution (End-to-End Solutions and Point Solutions), Application (Geolocation Tagging, Thermal Detection, Aerial Monitoring, Volumetric Calculations, Ground Exploration, 3D Modeling and others), Industry (Construction, Mining and Quarrying, Agriculture and Forestry, Insurance, Utility, Oil & Gas, Transportation, Telecommunications, Scientific Research and others) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and Latin America) - Forecast till 2028 @ https://www.marketresearchfuture.com/reports/drone-analytics-market-7914