Drone Analytics Market Research Report - Global Forecast till 2024

Published - Jun 2019 | Category - Aerospace and Defense | No. of Pages - 133 | Published By - Market Research Future


Global Drone Analytics Market is estimated to register a CAGR of nearly 27.23% during the forecast period of 2019 to 2024.

Global 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

Market Scenario

The adoption of drones is increasing in various industries such as oil & gas, agriculture and forestry, and mining and quarrying. The data provided by drones offer numerous benefits such as real-time analysis, reduced project cost, employee safety, and real-time location information, thereby, enhancing safety and assisting in project planning.

Growing investments in the development of advanced drone software and the increasing demand for drone analytics in commercial and industrial applications are boosting the growth of the global drone analytics market. For example, in 2018, Honeywell International, Inc. launched commercial unmanned aerial vehicle (UAV) inspection and data analytics services in India to assist in eliminating potential hazards in industries such as oil & gas.


 

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