Drone Analytics Market: Global Industry Analysis and Forecast 2021-2026

Stratview Research has announced a new report on the Drone Analytics Market. According to the report, the market is likely to witness an impressive CAGR of 29.2% during the forecast period. The escalating demand for revolutionary industry-specific investigative solutions that can aid companies attain actionable insights from the data captured by drones is estimated to drive the global drone analytics market.

Market Segmentation
The Drone Analytics Market is segmented by Industry Type (Agriculture & Forestry, Construction, Insurance, Mining & Quarrying, Utility, Telecommunication, Oil & Gas, Transportation, Scientific Research, and Others), by Application Type (Thermal Detection, Geolocation Tagging, Aerial Monitoring, Ground Exploration, Volumetric Calculations, 3D Modeling, and Others), by Type (On-Premises, On-Demand), by Solution Type (End-To-End Solutions, Point Solutions), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

According to the report, the Market is segmented as agriculture & forestry, construction, insurance, mining & quarrying, utility, telecommunication, oil & gas, transportation, scientific research, and others. The construction segment is estimated to witness the highest growth in the coming five years. This growth is owing to the acceptance of analytic solutions for monitoring and progress following at various construction sites. The obtainability of tailor-made solutions is also one of the prime factors influencing the growth in the application of drone analytic solutions in the construction industry during the forecast period.

Based on the type, the market is segmented as on-premises and on-demand. The on-demand segment is expected to register a higher growth rate against the on-premises segment, due to the growing demand for cloud-based drone analytic solutions from industries, such as construction, mining, and agriculture.

Based on the solution type, the market is segmented as end-to-end solutions and point solutions. The end-to-end solutions segment is estimated to register a higher growth against the point solutions segment, owing to the rising claim for complete packaged solutions, starting from data collection to data analysis.

In terms of regions, the North American region was the largest market for drone analytics in 2018, and is expected to maintain its dominance during the forecast period. Drivers such as increasing funding for drone analytics and the growing demand for analytical solutions, majorly from the commercial sector, are boosting the drone analytics market in the region. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

How stakeholders can benefit from this report –
This report covers a thorough analysis of the following segments:
- Drone Analytics Market Dynamics.
- Market Size and forecast from 2021 till 2026.
- Supply & Demand Value Chain.
- Drone Analytics Market Current Trends/Issues/Challenges.
- Competition & Companies involved.
- Effecting Technology.
- Drone Analytics Market Drivers and Restraints.

Research Methodology
The report provides a thorough analysis that reflects today’s Drone Analytics Market realities and future market possibilities. The information provided in the report can play a crucial role for the users as well as investors, or those who are planning to step into the industry, in formulating the growth strategies to expedite their growth process.
Experts at Stratview have compiled this report after following a detailed research methodology comprising secondary research, and primary interviews with industry stakeholders. Several authenticated sources such as company annual reports, fact books, press releases, white papers, and articles have been leveraged to gather the data.

Key Players
The following are the key players in the Drone Analytics Market.
• Airware
• Agribotix
• AeroVironment, Inc.
• Dronedeploy
• Delta Drone
• ESRI
• Huvrdata
• Kespry Inc.
• Optelos

Read More: https://www.stratviewresearch.com/729/drone-analytics-market.html

Report Customization Options
With this detailed report, Stratview Research also offers one of the following (complementary) customization options to our valued clients:
- Company Profiling -Detailed profiling of additional market players (up to three players)
- Competitive Benchmarking - Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

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This release was published on openPR.