Press release
Drone-as-a-Service Market Explosive Factors of Revenue by Industry Statistics, Size by 2033
Outsourced aerial vehicle services, often known as drones-as-a-service, can be applied in a variety of commercial settings. Drones are increasingly in demand nowadays for a variety of commercial and industrial uses. Commercial drones are employed for a variety of tasks, including photogrammetry, communications, and inspection.Along with improving safety and quality, drones can do tasks that were previously handled by helicopters, satellites, aeroplanes, and manual inspections. The drone-as-a-service providers assist numerous vendors in developing an online storefront capable of reimbursing and overseeing drone-based services. The expanding use of drone services across a variety of industries is fostering market expansion.
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Impact of the COVID-19 Pandemic outbreak
In the COVID-19 pandemic, the drones are used to avoid direct human interaction for the safety of the staff and the government personnel, to monitor the quarantine patients and containment areas. The drones are majorly used by police, or local governments to control the human traffic in specific areas. Drones are used for security and safety applications, delivering daily essentials items, medicals supplies and groceries, collect or dispatch lab samples, with minimum of human interaction.
Hence, drones are proving to be effective, and versatile tools. During the COVID-19 pandemic, around 5% of drones were used for transport and logistics, and 80% were used in surveying and monitoring purposes. Hence, the drones-as-a-service market is estimated to grow by around 10X from 2019 to 2025.
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Drone-as-a-Service Market: Drivers and Restraints
Increasing Demand of Commercial Drones
The growing use of commercial drones will exponentially boost the demand for the drone-as-a-service market. Drones are getting increasing attention and taking mobile computing to a new era. The use of commercial drones is gaining popularity. Commercial drones are available with in-build cameras or modular arrangements allowing the installation of lightweight monitoring devices.
The technology advancements in edge computing, surveillance cameras, and mobile hardware processing, has unlocked new possibilities, which is propelling the market growth. Moreover, due to the emerging cloud-based applications and data services, the drone-as-a-service market would increase to a large extent, during the forecast period.
Increasing Drones demand for aerial photography
Aerial photography has become essential to provide more comprehensive approaches in the large multi-story township projects, building projects, and smart cities. The significance of aerial photography is taken by top-notch professional film-making drones paired with adaptable high-resolution sensors.
The drone-as-a-service model is offering creative angles of photography for short films, advertisements and entertainment industry, which increases the growth of the drone-as-a-service market.
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Drone-as-a-Service Market: Competition Landscape
Some of the prominent players in Drone-as-a-Service market are Aerobo, SenseFly Ltd, Cyberhawk Innovations Ltd, Sharper Shape Inc., Airware, Inc., Prioria Robotics, Measure, DroneDeploy, Deveron UAS, Phoenix Drone Services, Vermeer, and among others. These vendors have done collaborations with local emerging players, to offer drone services for wide range of applications to various industries, thereby increasing their customer bases, globally.
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Expert analysis, actionable insights, and strategic recommendations - the Electronics, Semiconductor, and ICT team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs. With a repository of over 500 reports on electronics, semiconductors, and ICT, of which, 100+ reports are specific for ICT, the team provides end-to-end research and analysis on regional trends, drivers for market growth, and research development efforts in the electronics, semiconductor, and ICT industry.
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