How is the Drone Services Market emerging rapidly across the globe?

Drones are devices widely used in various sectors, such as military and defense, personal photography, etc., serving multiple requirements of numerous people. Primarily, the use of drones was allowed only in the military segment to keep track of enemy movements.

However, post the expansion of drones in various other commercial sectors, their demand has substantially increased and enhanced the overall market share. Different industries, such as infrastructure, logistics, agriculture, media & entertainment, etc., have begun using drone services to bring efficiency to their operations and reduce overall operational costs.

The use of premium quality cameras and sensors in drones provides information to several end-users without any human intervention. Furthermore, the improvements in sensor technologies and the burgeoning integration of GPS, Wi-Fi, Bluetooth, and IoT, which facilitate live data sharing and improved data analytics, are factors likely to propel the overall market growth in the coming years.

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According to MarkNtel Advisors’ research report titled “Global Drone Services Market Analysis, 2020”, the Global Drone Services market is anticipated to grow at a CAGR of around 50% during 2020-25. Major companies in the developed countries are increasingly integrating drone services in industry-specific applications such as aerial photography and remote sensing, data acquisition and analytics, and mapping and surveying, in order to reduce their overall operational cost and improve performance efficiency.

Key questions answered in the study:
1. What are the current and future trends of the Global Drone Services industry?
2. How the industry has been evolving in terms of end-user demand and application areas?
3. How the competition has been shaping across the countries followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the Global Drone Services industry?
5. What are the customer orientation, purchase behavior, and expectations from the Drone Services providers across various regions?

Some the of key competitors operating in the global drone services market include Edall Systems, Precision Hawk, Martek Aviation, Aerobo, Cyberhawk-Innovation, Measure, and Sensefly.

For details analysis visit: https://www.marknteladvisors.com/research-library/global-drone-services-market.html

“Global Drone Services Market Analysis” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decision, hotspots and opportunities available for Drone Services providers across the Globe. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on 16 parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.

Industry Segmentation:
1. By Type (Drone Platform Services, Drone MRO Services, Drone Training and Education Services)
2. By Industry (Infrastructure, Agriculture, Logistics, Media & Entertainment, Oil & Gas, Utility & Power, Security, Search & Rescue, Others)
3. By Solution (Enterprise, Point)
4. By Application (Ariel Photography & Remote Sensing, Data Acquisition & Analytics, Mapping & Surveying, 3D Modelling, Disaster Risk Management & Mitigation, Inspection & Environment Monitoring, Others)
5. By Duration of Service (Short Duration, Long Duration)
6. By Region (North America, South America, Europe, Middle East and Africa, Asia- Pacific)
7. By Country (US, Canada, Mexico, Brazil, Argentine, Germany, France, UK, Italy, Spain, Russia & CIS, Saudi-Arabia, UAE, Qatar, China, India, Japan, Australia, Singapore)
8. By Company (Edall Systems, Precision Hawk, Martek Aviation, Aerobo, Cyberhawk- Innovation, Measure, Sensefly, and Others)

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MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.

We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

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