Drone Analytics Market CAGR to be at 29.2% | $28.57 billion Industry Revenue by 2030

The global drone analytics market was valued at $2.71 billion in 2020, and is projected to reach $28.57 billion by 2030, registering a CAGR of 29.2%.

Request The Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/A13562

North America dominates the market, in terms of revenue, followed by Europe, Asia-Pacific, and LAMEA. U.S. led the global drone analytics market share in North America in 2020, owing to increase in R&D activities; technological developments by big players; and rapid adoption of innovative technologies in making reliable, precise, and efficient drone analytics systems. Asia-Pacific is expected to grow at a significant rate during the forecast period, owing to rise in adoption of drone analytics across different industries across major economies such as China and India.

By type, the market is categorized into on-premises and on-demand. The on-demand segment accounted for the highest revenue in 2020, as it allows organizations to gain the benefits of analytics without having to expend resources, making it accessible to more companies than before.

Procure Complete Report (258 Pages PDF with Insights, Charts, Tables, and Figures) @ https://www.alliedmarketresearch.com/checkout-final/e94331dbdeedd05af317a3d003e5d5b2

On the basis of application, the drone analytics market is divided into ground exploration, geolocation tagging, aerial monitoring, thermal detection, and others. The ground exploration segment garnered the highest revenue in 2020, owing to rapid surge in demand for drone analytics for ground exploration applications across the world.

COVID-19 Impact Analysis

The COVID-19 impact on the drone analytics market is unpredictable and is expected to remain in force till the fourth quarter of 2021.

The COVID-19 outbreak forced governments across the globe to implement strict lockdowns and banned import-export of nonessential items for most of 2020. This led to sudden fall in the availability of important raw materials.

Moreover, nationwide lockdowns forced manufacturing facilities to partially or completely shut their operations.

Adverse impacts of the COVID-19 pandemic have resulted in delays in activities and initiatives regarding development of reliable and innovative drone analytics systems globally.

Key Findings Of The Study

By type, the on-demand segment is expected to register significant growth during the forecast period.

Depending on application, the geolocation tagging segment is anticipated to exhibit significant growth in future.

On the basis of end use, the construction segment is projected to lead the global drone analytics market, owing to higher CAGR.

Region-wise, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.

Inquiry Before Buying @ https://www.alliedmarketresearch.com/purchase-enquiry/A13562

Market Key Players

The key players operating in the global drone analytics market include 3DR, AeroVironment, Inc., Delair, Delta Drone SA, DroneDeploy, Huvrdata, Kespry Inc., Optelos LLC, Pix4D SA, and PrecisionHawk.

Related Reports:

Military Drones Market https://www.alliedmarketresearch.com/military-drones-market-A07156

Micro Drone Market https://www.alliedmarketresearch.com/micro-drone-market-A13679

Drone Training and Education Services Market https://www.alliedmarketresearch.com/drone-training-and-education-services-market-A11286

Anti-Drone Market https://www.alliedmarketresearch.com/anti-drone-market-A08180

Commercial Drones Market https://www.alliedmarketresearch.com/commercial-drone-market

Contact:

David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Follow Us on | Facebook | LinkedIn | YouTube |

About Us

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides end-to-end solutions along with information, education, advocacy, and networking resources to SMEs and early-stage start-ups to bring excellence to their processes. In addition, we offer a nurturing environment required to develop and grow businesses, including business planning; virtual support; market intelligence; acquiring resources; and getting direct access to finance, suppliers, and other experts to boost the growth of businesses and entrepreneurs.

Our bundled and hassle-free business support systems are customized to meet the needs of SME consultants and industry leaders. Moreover, our large network of skilled consultants and experts help start-ups get the business on a roll.

This release was published on openPR.