Press release
Drone-Powered Business Solutions Market Foreseen to Grow exponentially over 2025
Drones are Unmanned Aerial Vehicles (UAV) which combine the power of robotics and digitization to collect data while moving or do aerial surveys and inspections. Drone inspection facilitates constant data accumulation and also allow photogrammetry which is the science of making 3D models out of measurements taken from photographs. Photogrammetry is expected to create huge opportunities for drones in 3D printing application.
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Drone-Powered Business Solutions Market: Drivers and Restraints
Rising need for quality data is one of the most important factors driving the drone-powered business solutions market. Industries such as energy, oil & gas and construction are rapidly adopting the usage of drones as they provide high quality images which help companies to do quality inspection, monitoring and maintenance of infrastructure. Drones also capture high quality geo-spatial and photogrammetry data which is used by agriculture industry for understanding topography and vegetation development. Furthermore, drones are very cost-effective compare to other manned aviation and satellites which makes it more desirable for commercial purposes.
The increase in number of drones for commercial purposes is creating threats to the safety of other aerial vehicles and also increasing the risk of collision with air traffic controllers of manned vehicles. These drones also increase privacy concerns. While flying overhead, drones also collect confidential information or personal data and images. This is a widespread concern and various national authorities are working to solve this issue.
Global Drone-Powered Business Solutions Market: Market Segmentation
Global Drone-Powered Business Solutions Market can be divided into three segments, based on Solution Type, Application and End-user.
Segmentation on basis of Solution Type in Drone-Powered Business Solutions market:
The segments in Drone-Powered Business Solutions market by solution type include:
Software
Services
Segmentation on basis of Application for Drone-Powered Business Solutions Market:
The major segments of Drone-Powered Business Solutions market on basis of application include:
Mapping and Surveying
Aerial Video and Photography
Surveillance and Monitoring
Security
Data Collection and Analysis
Delivery Services
3D Modelling
Segmentation on basis of End-user for Drone-Powered Business Solutions Market:
The major segments of Drone-Powered Business Solutions market on basis of end-user include:
Agriculture
Construction & Real-estate
Oil & Gas
Energy & Utilities
Transportation
Security
Media & Entertainment
Retail
Others (Mining, Telecom, Insurance)
Global Drone-Powered Business Solutions Market Trends
One of the important trends happening in the global drone-powered business solutions market is connecting a commercial drone to a mobile device such as smartphone and tablet. Companies such as DroneDeploy and UGCS (SPH Engineering) have developed mobile apps which can remote control multiple drones from any mobile device. This control is enabled by connecting a 4G telemetry device to a drone’s avionics.
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Global Drone-Powered Business Solutions Competitive Landscape
Some of the prominent players in the Drone-Powered Business Solutions market include 3D Robotics Inc. (3DR), Aerialtronics, Airware, Cyberhawk Innovations Limited, CyPhy Works, Inc., FlyWorx LLC, DJI, DroneDeploy.com, Pix4D, PrecisionHawk and senseFly Ltd. (Parrot SA), among others.
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
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