Drone Service Market Leading Players Cyberhawk Innovations Limited, Aerodyne Group, Sky Futures, Terra Drone Corporation, Measure, SkySpecs, Airinov, Zipline, Drone Volt, and Flirtey

An off-the-shelf report on Drone Service Market which has been compiled after an in-depth analysis of the market trends prevailing across five geographies (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade journals, technical white papers, paid databases etc. followed by primary research (interviews) with industry experts/KOLs to gain their insights and views on current scenarios and future scope of the market as well as validating the secondary information, further internal statistical model is used to estimate the market size and forecasts till 2027.

Global drone service market is expected to grow from US$ 629.2 Mn in 2018 to US$ 24,882.2 Mn by 2027 at a CAGR of 51.1% between 2019 and 2027.

Drone Service market is experiencing a high growth throughout the globe, driven by growth in real estate/infrastructure, agriculture, media & entertainment, industrial, law enforcement, and other industries. Moreover, increasing adoption of drone-based solutions in the agriculture sector and media industry is constantly driving the market. In addition to this, the e-commerce industry has matured immensely over the years in the developed economies as well as the developing nations. The primary driver for the e-commerce industry is that the customers can purchase from and receive the goods at the most convenient location. Owing to this the entire e-commerce market is gaining a great deal of attraction. These factors are anticipated to drive the drone service market during the forecast period.

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The key players influencing the market are:

1. CyberHawk Innovations Limited
2. Terra Drone Corporation
3. Sky-Futures
4. Measure
5. Aerodyne Group
6. Skyspecs
7. Airinov
8. Zipline
9. Drone Volt
10. Flirtey

The regional market has been further bifurcated by respective countries. By service segment, surveying, mapping & inspection is accounted for the largest share in the drone service market in 2017 and also projected to grow with CAGR of 49.6% during the forecast period.

Drone Service Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.

Drone Service Market - Global Analysis to 2027 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/ position of top 5 key vendors.

Drone Service Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2027, considering 2018 as the base year and 2018 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.

North America is one of the prominent regions in the drone service market which is contributing highest revenue globally due to the increase in the population. The US is a developed country in terms of advanced technology, the standard of living, and infrastructure among others. Across North America, the technological advancements have led to highly competitive markets. The adoption of drones in the region is wholly dependent on specific rules and regulations set by the Federal Aviation Administration (FAA). The service providers have to adhere to the legislation set by FAA to fly drones in industries, agricultural, real estate, and media & entertainment industries.

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This release was published on openPR.