Market Overview:

Drone Data Analytics Industry Size is expected to reach USD 14.2 Billion by 2030, registering a CAGR of 28.30% during 2022-2030.

The growth of the global Drone Data Analytics Industry 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, Construction industry, agriculture, and forestry. The limited flight range and strict government laws regulating drone use, however, might prevent commercial expansion. For instance, in the US, commercial drone flight requires a commercial remote pilot licence from the Federal Aviation Administration (FAA).

Based on type, solution, application, industry, and geography, the worldwide drone data analytics market has been divided into sub-sectors.

The worldwide drone data analytics market has been segmented into two types: on-premise and on-demand. During the projected period of 2020 to 2030, the on-demand category is anticipated to have a greater market share and experience a higher CAGR. The segment is expanding because of the flexibility, affordability, and customisation offered by on-demand services.

End-to-end solutions and point solutions are the two categories under which the worldwide drone data analytics market has been divided. The market was dominated by the end-to-end solutions category in 2018 and is anticipated to grow at a faster CAGR in the coming years. End-to-end solutions have advantages like increased operational effectiveness, lower costs, departmental communication, and no involvement from outside parties.

The geolocation tagging, thermal detection, aerial monitoring, volumetric calculations, ground investigation, and 3D modelling are some of the applications that fall under the umbrella of the worldwide drone data analytics industry. During the projection period, the strongest growth is anticipated for the 3D modelling sector, which dominated the market in 2018. Drones have features like external first-person view (FPV) cameras and displays, real-time colour or infrared imagery, and other features that allow users to receive high-quality, real-time 3D models and videos. Additionally, they work with smartphones, allowing users to download and view 3D models and images on their phones.

Key Players:

Airware in the US, Aerovironment Inc in the US, Eagle aerial system inc in the US, Dronedeploy in the US,Delta drone in France, Esri in the US, PrecisionHawk inc in the US, Viatechnik LLC in the US, Pix 4D SA in France, Kespry in the US, Options in the US, HUVRdata in the US, DJI in china, 3D robotics in the US, Sentera inc in the US

Market Segmentation:

On the basis of industry, the global Drone Data Analytics Industry has been divided into construction, mining and quarrying, agriculture and forestry, insurance, utility, oil & gas, transportation, telecommunications, scientific research, and others. The agriculture and forestry segment dominated the market in 2018. However, the construction segment is expected to exhibit the highest CAGR during the forecast period. Data analytics solutions provided by companies such as Airware enable construction companies to view elevation maps, survey designs through drone mapping, and collaborate with teams on different sites, which is driving the growth of the segment.


Regional Analysis:

Based on region, the global Drone Data Analytics Industry has been segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America accounted for the largest market share in 2018. However, the market in Asia-Pacific is expected to register the highest CAGR during the forecast period. The presence of various drone manufacturers such as DJI in China is propelling market growth in the region. Additionally, the rising number of drone analytics startups in developing nations such as India is boosting market growth. For example, in 2018, SenseHawk, a drone analytics startup, raised USD 2 million in a funding round led by SAIF Partners.


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